VHW electrics

Active

Private limited companyfounded 2025active for 1 yearGeraardsbergsevoetweg 7, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 1020.938.262

Summary

VHW electrics has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,188 and a net result of €1,688. Its solvency ranks better than 13% of 34,747 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Risk analysisFollow Report Compare

VHW electricsActiveChecked score 63/100

Risk analysis Report Compare

Activity

General electrical installation work

NACE 43211

1 site

Size

€66,590total assets 2025

Equity: €5,188
Profit: €1,688

Turnover not published (micro format)

Financial health

63 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.5%

Structure

2025 accounts 9 days early

Why 63raises riskFounded in 2025Equity €5,188 (7.8% of total assets)Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 0.56, cash €14,828Show the evidence

Checked score

Score 2025

63 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 34% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength

Average

Solvency 33

equity 7.8% of total assets

Liquidity 53

short-term debt 49.9% · cash 22.3%

Profitability 72

return on assets 2.5%

Bankruptcy probability, 12 months

1.5% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,644 companies, NACE 43, micro)

Last 24 months 04-2026: 1.9% 05-2026: 1.9%● unchanged vs 04-2026 06-2026: 2.0%▲ +0.1 percentage points vs 05-2026 07-2026: 2.4%▲ +0.4 percentage points vs 06-2026highest value 08-2026: 1.3%▼ -1.1 percentage points vs 07-2026lowest value 09-2026: 1.4%▲ +0.1 percentage points vs 08-2026 10-2026: 1.5%▲ +0.1 percentage points vs 09-2026

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 12% on solvency, 48% on liquidity and 42% on profitability.

The bankruptcy probability was computed on 27-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Founded in 2025

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Liquidity: current ratio 0.56, cash €14,828

NBB · annual accounts

Equity €5,188 (7.8% of total assets)

NBB · annual accounts

Sector: Specialised construction activities (NACE 43)

KBO

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 34747 sector peers (2025).

NBB · sector comparison

Position among 34747 sector peers

Solvency

better than 13%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2025

9 days early

← before the deadline after the deadline →

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since incorporation in 2025.

KBO publications · our coverage

22-07-2026 Annual accounts filedfinancial year 2025 · micro…
14-03-2025 IncorporationFounder · Founding capital

Key points

Caution: Among the weakest 13% on equitysector median €57,780 · 34,759 companies €5,188 View
Total assets 2025first financial year filed €66,590 View
Active since 2025founded 12-03-2025 1 years View

By topic

Financials

Financial year: 2025
Total assets: €66,590
Profit: €1,688
Solvency: 7.8%

Go to Financials

Timeline

Events: 2
Since: 2025

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: General electrical installation workNACE 43211
Founded: 12-03-2025
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 13

Annual meeting: First Friday of June at 20:00

Go to Articles of association

Key facts about VHW electrics

What is the company number of VHW electrics?: 1020.938.262. In Belgium the VAT number is the company number with BE in front: BE 1020.938.262.
Where is VHW electrics based?: The registered office is at Geraardsbergsevoetweg 7, 9820 Merelbeke-Melle.Company details
What does VHW electrics do?: According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of VHW electrics?: Private limited company (BV).
When was VHW electrics founded?: On 12-03-2025.
Is VHW electrics still active?: Yes, VHW electrics is an active enterprise in the KBO register.
What is the turnover of VHW electrics?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is VHW electrics profitable?: In financial year 2025, VHW electrics made a profit of €1,688.
Where can I find the annual accounts of VHW electrics?: VHW electrics filed 1 annual account with the National Bank of Belgium, for financial year 2025.