Equity
€166,125 ▲ 36.4%
VVTRONICS has made a profit in every financial year since 2023.
VVTRONICS
Overview
Lifetime
3 annual accounts with figures on one time axispeak €143,135 (2025)
€143,135▲ 8.6%
peak €63,446 (2024)
€44,340▼ 30.1%
peak €166,125 (2025)
€166,125▲ 36.4%
€95,782▼ 24.3%
Board2 names since 2023
2 directorsVAN VAERENBERGH Tom and 1 other
Documentsfilings and deeds
17-08-202617 days late
2025micro format
Result from €63,446 to €44,340Equity from €121,784 to €166,125Debts from €126,562 to €95,782Cash from €73,706 to €130,991
Key points
from the 2025 annual accountsTurnover
≈ €430,000 estimated
The micro format states no turnover.
Liquidity
1.91 was 1.11 in 2024
Short-term debts fell from €124,229 to €93,272.
Filings
3 annual accounts 2 late
The 2023 accounts came latest: 29 days after the end of the period.
Starting capital
€1,000 100 shares
Position in the sector
€44,340
Higher net result than 84% of companies in specialised construction. Sector median €10,184 · 35,124 companies.
Checked score
88
Excellent
Financially stronger than 76% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.1%
01-2025: 1.1%● unchanged vs 12-2024
02-2025: 1.1%● unchanged vs 01-2025
03-2025: 1.1%● unchanged vs 02-2025
04-2025: 1.2%▲ +0.1 percentage points vs 03-2025
05-2025: 1.2%● unchanged vs 04-2025
06-2025: 1.2%● unchanged vs 05-2025
07-2025: 1.3%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.6%▼ -0.7 percentage points vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 1.0%▲ +0.4 percentage points vs 07-2026
09-2026: 0.3%▼ -0.7 percentage points vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 1.91, cash €130,991
Equity €166,125 (63.4% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 69% of them on solvency, 82% on liquidity, 76% on profitability and 78% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as VVTRONICS has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of VVTRONICS itself is lower: 0.3% within 12 months. It rests on far more data about VVTRONICS than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for VVTRONICS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €14,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.91 (1.11 in 2024), above the usual 1.5. Short-term debt is 35.6% and cash 50% of total assets. 36.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 17 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filingsDeviation from the deadline
2025
17 days late
2024
36 days early
2023
29 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 3 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 August (3 of the last 3 accounts filed within 53 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0803594025
Appointment: Van Asbroek Sandra (director)
General meeting of 26-02-2024 · Gazette deed
Security firm approval (camera systems) granted
Decision of 08-01-2024, published on 30-05-2024
Incorporation
Founding capital of €1,000, 100 shares · Founder: VAN VAERENBERGH Tom · Appointment: VAN VAERENBERGH Tom (director) · published on 07-07-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VVTRONICS Denderleeuw | €261,907 | €143,135 | 63.4% | - |
| Hoffelinck Jonas Herzele | €251,985 | €144,877 | 64.0% | - |
| HBR CONSTRUCT Aalter | €254,550 | €125,106 | 76.7% | - |
| JMH ZONNEPANELEN INSTALLATEUR Hamme (Vl.) | €235,289 | €147,820 | 53.0% | - |
| VHJ Algemene Elektriciteitswerken Hamme (Vl.) | €262,881 | €128,060 | 36.0% | - |
| Nicolas Scheire Electro - Domotica Lokeren | €262,656 | €115,351 | 39.8% | - |
| RV ELEKTRO Aalst | €233,402 | €117,183 | 9.2% | - |
These companies have the same main activity as VVTRONICS: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €233,000 and €263,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 05-07-2023Normal situation
- Activity
- General electrical installation workNACE 43211and 1 other
- Establishment unit
- 2.347.893.9089470 Denderleeuw, since 05-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 04-09-2025
Annual accounts 2025
- €143,135▲ 8.6%
- €44,340▼ 30.1%
- €166,125▲ 36.4%
- €261,907▲ 5.5%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 17-08-2026
Insights on VVTRONICS
VVTRONICS files the micro format. That format states no turnover. The gross margin rose from €77,750 in 2023 to €143,135 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 17-08-2026, 17 days late€143,135
▲ 8.6%
€58,281
▼ 27.8%
€44,340
▼ 30.1%
€84,562
▲ 536%
63.4%
▲ 14.4 percentage points
1.91
▲ 0.80
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €430,000. Estimated: probably between €290,000 and €520,000.
Balance sheet
balance sheet total €261,907 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
63.4%
Higher than 69% of 35,136 companies in 2025.
1.91
Higher than 52% of 34,510 companies in 2025.
16.9%
Higher than 73% of 34,711 companies in 2025.
VVTRONICS
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: middle half
Staff
€56,347
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
261,907 | 248,347 | 162,506 | |
21/28 |
84,072 | 110,831 | 79,673 | |
22/27 |
84,072 | 110,831 | 79,673 | |
23 |
667 | 1,667 | 2,667 | |
24 |
83,405 | 109,165 | 77,007 | |
29/58 |
177,835 | 137,515 | 82,833 | |
3 |
17,535 | 29,283 | 20,057 | |
30/36 |
17,535 | 29,283 | 20,057 | |
40/41 |
29,309 | 34,526 | 25,973 | |
40 |
18,167 | 21,632 | 17,095 | |
41 |
11,142 | 12,894 | 8,877 | |
54/58 |
130,991 | 73,706 | 36,803 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
261,907 | 248,347 | 162,506 | |
10/15 |
166,125 | 121,784 | 58,338 | |
10/11 |
1,000 | 1,000 | 1,000 | |
14 |
165,125 | 120,784 | 57,338 | |
17/49 |
95,782 | 126,562 | 104,169 | |
42/48 |
93,272 | 124,229 | 104,169 | |
44 |
25,329 | 22,375 | 8,530 | |
440/4 |
25,329 | 22,375 | 8,530 | |
45 |
14,935 | 29,389 | 14,380 | |
450/3 |
14,935 | 29,389 | 14,380 | |
47/48 |
53,009 | 72,464 | 81,258 | |
492/3 |
2,509 | 2,334 | - | |
| Income statement | ||||
9900 |
143,135 | 131,748 | 77,750 | |
62 |
56,347 | 29,455 | - | |
630 |
28,321 | 21,210 | 6,256 | |
640/8 |
186 | 380 | - | |
9901 |
58,281 | 80,702 | 71,494 | |
75/76B |
- | 63 | 224 | |
75 |
- | 63 | 224 | |
65/66B |
2,786 | 2,384 | - | |
65 |
2,786 | 2,384 | - | |
9903 |
55,495 | 78,381 | 71,718 | |
67/77 |
11,155 | 14,935 | 14,380 | |
9904 |
44,340 | 63,446 | 57,338 | |
9905 |
44,340 | 63,446 | 57,338 | |
| Appropriation of the result | ||||
9906 |
165,125 | 120,784 | 57,338 | |
14P |
120,784 | 57,338 | - | |
| Social balance sheet | ||||
9087 |
1 | 0.6 | - | |
Hours worked1013 |
1,816 | 1,096 | - | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 17-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 17 days after the deadline. Filed on 17 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00409805.
Subsidies and aid
Flemish government 2025, 2 entries, €1,835 awarded, €1,500 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 86,603 | 101,913 | 77,750 | ||
| 72,662 | 84,657 | 63,594 | ||
| 1,562 | 52,368 | 85,930 | ||
| 57,285 | 36,903 | - | ||
| 84,562 | 13,287 | -21,335 | ||
| 63.4% | 49.0% | 35.9% | ||
| 1.91 | 1.11 | 0.80 | ||
| 1.72 | 0.87 | 0.60 | ||
| 0.58 | 1.04 | 1.79 | ||
| 26.7% | 52.1% | 98.3% | ||
| 16.9% | 25.5% | 35.3% | ||
| 31.09 | 42.76 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 1 |
| full-time | 1 | 1 |
| in full-time equivalents | 1 | 1 |
| 1 | 0.6 | |
| On a permanent contract | 1 | 1 |
| Joined | - | 1 |
| Left | - | 0 |
| Training hours | - | 197 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €1,562 | €52,368 | €85,930 |
| €28,321 | €21,210 | €6,256 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on VVTRONICS
The operating result for 2025 is 28% lower than in 2024 and the lowest since 2023.
Debt's share of the balance-sheet total falls from 51.0% to 36.6%. Equity is higher and debt is lower.
Board & ownership
Board
2 directors, no change since 2024Director
since 07-07-2023
term without a fixed end
listed in the 2024 annual accounts, filed on 25-06-2025
Director
since 26-04-2024
term without a fixed end
listed in the 2024 annual accounts, filed on 25-06-2025
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 07-07-2023
Mandates through the years
2 names, the dashed line is todayVAN VAERENBERGH Tom
Director
Director
Van Asbroek Sandra
Director
Director
Boardmandate already running before its first mention
Mandates as a list
- VAN VAERENBERGH Tom
- Director, from 07-07-2023 to date
- Van Asbroek Sandra
- Director, since before 31-12-2023
Control
Capital
- Contribution
- €1,000
- Shares
- 100
- Contribution per share
- €10
- Equity per share
- €1,661 in 2025
- Source
- deed of 07-07-2023
Articles of association
deed of 07-07-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Saturday of June at 10:00
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Indien geen andere vereffenaar benoemd, één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen”
Shareholders
At incorporation
deed of 07-07-2023 ↗
- VAN VAERENBERGH Tom 100 shares (100%) · €1,000
Network & group
No group
VVTRONICS has no parent and no holdings in its annual accounts. VVTRONICS shares no director with another company.
Timeline
Timeline
12 events since 2023Board
Filings
Financial
Permits
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 17 days late
2025
Weakest financial year net €44,340 ▼30.1% The net result drops to €44,340, the lowest from 2023 to 2025.
Equity above €150,000 equity €166,125 ▲36.4% With a profit in every financial year since 2023, equity grows to €166,125.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0803594025
Annual accounts 2024 filed PDFmicro format · 36 days before the deadline
2024
Highest result from 2023 to 2025 net €63,446 ▲10.7% The operating result of €80,702 and the net result of €63,446 are both a record.
Equity above €100,000 equity €121,784 ▲109% With a profit in every financial year since 2023, equity grows to €121,784.
Annual accounts 2023 filed PDFmicro format · 29 days late
- General meeting, 26-02-2024
- Director appointment, Van Asbroek Sandra
- Power of attorney, Rubbrecht Jurgen
Security firm approval (camera systems) granted GazetteDecision of 08-01-2024, published on 30-05-2024
2023
IncorporationFounding capital of €1,000, 100 shares · Founder: VAN VAERENBERGH Tom · Appointment: VAN VAERENBERGH Tom (director) · published on 07-07-20236 points ▸
- Founder, VAN VAERENBERGH Tom
- Founding capital, €1,000, 100 shares
- VAN VAERENBERGH Tom holds all the shares
- Registered office clause, Patrijzenlaan 52, 9470 Denderleeuw
- Board rule, 1
- Director appointment, VAN VAERENBERGH Tom
- The deed holds 2 more points.
First establishment Patrijzenlaan 52, Denderleeuw
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 5 July 2023, VVTRONICS was incorporated as a private limited company by one natural person, with a starting capital of €1,000.12 Of the 2 current board members, VAN VAERENBERGH Tom has served longest, since 2023.3 Total assets went from €162,506 in 2023 to €261,907 in 2025.4
Company details
Identity
- Enterprise number
- 0803.594.025
- VAT number
- BE 0803.594.025
- Peppol ID
- 0208:0803594025
- Other Peppol ID
- 9925:BE0803594025
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 05-07-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Saturday of June at 10:00deed of 07-07-2023 (in Dutch)
- Peppol
- Reachable since 04-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- VVTRONICS in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 07-07-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 07-07-2023 (in Dutch)
Activities
NACEBEL 2025VAT activities
43211
General electrical installation work main activity
Social security (RSZ) activities
43211
General electrical installation work main activity
Codes under NACEBEL 2008
VAT activities
43211
Specialised construction activities main activity
43222
Specialised construction activities
Social security (RSZ) activities
43211
Specialised construction activities main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het uitvoeren van alle elektriciteitswerken,plaatsen van alarmsystemen en camerabewaking,plaatsen van laadpalen voor wagens,plaatsen van…”deed of 07-07-2023 (in Dutch)
2 activities
- Het uitvoeren van alle elektriciteitswerken,plaatsen van alarmsystemen en camerabewaking,plaatsen van laadpalen voor wagens,plaatsen van zonnepanelen en thuisbatterijen,plaatsen van warmtepompen.
- Dit zowel aan particulieren als professionele afnemers.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Patrijzenlaan 52 registered office 9470 Denderleeuw | 05-07-2023 | 2.347.893.908 |
Buildings and parcels at the address
- Ground area
- 962 m²
- Buildings
- 123 m²
- Volume, LiDAR
- 22 m³
- Tallest building
- 6.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 41402B1324/00S002 | 962 m² | 1 · 123 m² | 6.8 m |
Recognitions
Licences in the Official Gazette
1 publicationSecurity firm approval (camera systems)
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0803.594.025