VHCabletech
ActiveSummary
The computed 12-month bankruptcy probability of VHCabletech is 2.3% (moderate). The 2025 annual accounts show equity of €44k and a net result of €3k. Equity is growing by ~34.1% per year across the filed fiscal years. Its solvency ranks better than 54% of 27786 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▼-37
Solvency75▼-8
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.8 against 2.87 in 2024; short-term debt: 36.2% and cash: 31.2% of total assets), and 49.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
50.3%
Return on assets
3.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
29 d late
2024
1 d early
2023
5 d early
2022
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€44k▼ 33.2%
2024 · €67k
2022: €15k
2023: €30k
2024: €67k
2022 → 2025
Total assets
€88k▼ 23.4%
2024 · €115k
2022: €72k
2023: €87k
2024: €115k
2022 → 2025
Net result
€3k▼ 92.0%
2024 · €37k
2022: €5k
2023: €15k
2024: €37k
2022 → 2025
Working capital
€26k▼ 55.9%
2024 · €58k
2022: €9k
2023: €21k
2024: €58k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€15k-€30k▲ 106%€67k▲ 122%€44k▼ 33.2%
Operating result€7k-€25k▲ 243%€52k▲ 105%€8k▼ 84.7%
Net result€5k-€15k▲ 237%€37k▲ 137%€3k▼ 92.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 85% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €88k
Fixed assets
€31k ▲ 16.7%
Current assets
€58k ▼ 35.3%
Equity and liabilities €88k
Equity
€44k ▼ 33.2%
Debt
€44k ▼ 10.1%
Debt's share of the balance-sheet total rises from 42.3% to 49.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€22k▼
2024 · €63k
Cash flow
€17k▼
2024 · €48k
Current ratio
1.80▼
2024 · 2.87
Debt to equity
0.99▲
2024 · 0.73
ROE
6.6%▼
2024 · 55.0%
ROA
3.3%▼
2024 · 31.7%
Interest coverage
4.81▼
2024 · 11.12
Debt ≤ 1 year
€32k▲
2024 · €31k
Debt > 1 year
€12k▼
2024 · €18k
Income taxes
€917▼
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€115k€88k▼
Fixed assets21/28€26k€31k▲
Tangible fixed assets22/27€26k€31k▲
Plant, machinery and equipment23€10k€10k▼
Furniture and vehicles24€16k€21k▲
Current assets29/58€89k€58k▼
Amounts receivable within one year40/41€31k€25k▼
Trade receivables40€30k€15k▼
Other amounts receivable41€1k€10k▲
Cash at bank and in hand54/58€54k€28k▼
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€115k€88k▼
Equity10/15€67k€44k▼
Contributions10/11€10k€10k=
Reserves13€5k€5k=
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€52k€30k▼
Amounts payable17/49€49k€44k▼
Amounts payable after more than one year17€18k€12k▼
Financial debts170/4€18k€12k▼
Amounts payable within one year42/48€31k€32k▲
Current portion of amounts payable after more than one year42€10k€17k▲
Trade debts44€8k€12k▲
Suppliers440/4€8k€12k▲
Taxes, remuneration and social security45€11k€3k▼
Taxes450/3€11k€3k▼
Other amounts payable47/48€1k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€14k▲
Other operating charges640/8€236€610▲
Gross operating margin9900€63k€23k▼
Operating profit (loss)9901€52k€8k▼
Financial income75/76B€0€552▲
Recurring financial income75€0€552▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€46k€4k▼
Income taxes67/77€9k€917▼
Profit (loss) for the period9904€37k€3k▼
Profit (loss) for the period to be appropriated9905€37k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€52k€55k▲
Profit (loss) brought forward from the previous period14P€15k€52k▲
Profit to be distributed694/7-€25k
Return on contributions (dividend)694-€25k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial
Weakest financial yearnet €3k ▼92%
Net result drops to €3k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €37k ▲137%
Operating result €52k, net result €37k, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lebbeke · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kouterbaan 43 D19280 LebbekeGround area
115 m²
Parcel 42011A0432/00X003, Flanders. Linked by address, not a title deed.
1 establishment unit
VHCabletech
since 20222.331.124.289
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42011A0432/00X003 | Flanders | 115 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Loforte
BE 0745.897.435
Dilsen-Stokkem · Eq €44,481
EMONDS
BE 0430.666.241
Diepenbeek · Eq €44,478
Timer-Tech
BE 0650.969.275
Hulshout · Eq €44,469
MAGNECO
BE 1006.431.220
Waregem · Eq €44,459
E S V
BE 0450.320.124
Beveren-Kruibeke-Zwijndrecht · Eq €44,459
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 8,444 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-05-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.