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VSOLUTION

Active
Private limited company·Algemene elektrotechnische installatiewerken· 2 yrs active
Dottenijssteenweg(L) 169 ·7700 Mouscron, Belgium
KBO/BCE: BE 1005.872.083
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Belgian State Gazette acts: 0 of 1 read
Age2 yrs
Real estate1 parcel · 3,889 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of VSOLUTION is 3.2% (moderate). The 2024 annual accounts show equity of €17k and a net result of €7k. Its solvency ranks better than 23% of 11120 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Signals

1 signal · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 11120 sector peers (2024).
View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2024 31-07-2025 27-08-2025 27 d late 2025-00414193

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
3.2% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€7k
Working capital€4k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 27-08-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 17.9% 40.9%
better than 23% of 11120 sector peers
Net result €7k €11k
better than 40% of 11103 sector peers
Equity €17k €34k
better than 30% of 11124 sector peers
Gross operating margin €50k €35k
better than 62% of 11092 sector peers
Staff costs €21k €24k
higher than 48% of 4053 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositmicro
Revenue-
EBITDA€23k
Net profit€7k
Cash flow€18k
Staff costs€21k
Income taxes€2k
Dividends-
Total assets€92k
Equity€17k
Debt€76k
of which ≤ 1y€33k
of which > 1y€43k
Working capital€4k
Employees (FTE)1.7
Ratios (computed)
2024
Current ratio1.11
Quick ratio1.11
Working capital ratio3.8%
Solvency17.9%
Debt / equity4.57
Long-term debt ratio2.57
Interest coverage8.25
Gross margin-
Net margin-
ROA7.1%
ROE39.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€92k
Fixed assets 21/28€55k
Formation expenses 20€125
Tangible fixed assets 22/27€55k
Current assets 29/58€37k
Amounts receivable within one year 40/41€14k
Cash & bank 54/58€20k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€92k
Equity 10/15€17k
Contributions / capital 10/11€10k
Reserves 13€7k
Amounts payable 17/49€76k
Amounts payable after one year 17€43k
Amounts payable within one year 42/48€33k
Trade debts payable within one year 44€15k
Income statement
Gross operating margin 9900€50k
Operating result 9901€11k
Financial income 75€177
Financial charges 65€3k
Result before taxes 9903€9k
Income taxes 67/77€2k
Net result for the period 9904€7k
Result to be appropriated 9905€7k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
68 / 100 Healthy
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap

Establishment units

1 location
VSOLUTION
Dottenijssteenweg(L) 169, 7700 MouscronVervaardiging van elektromotoren en van elektrische generatoren en transformatoren
since 20242.355.506.329
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area3,889 m²
Buildings1
Building footprint225 m²
Volume (LiDAR)1,479 m³
Tallest building9.1 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
54006M0541/00_000 Wallonia 3,889 m² 1 · 225 m² 9.1 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

4 of 5 axes measured
Health68Profitability100Solvency25Growth-Stability67
65 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 68
Profitability 100
Solvency 25
Growth -
Stability 67

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 3,244 of the 22,779 companies in this sector. 2,712 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Elektrotechnische installatiewerken, uitgezonderd aan gebouwen43212Elektrotechnische installatiewerken van nijverheidsinrichtingen43212Installatie van verwarming, klimaatregeling en ventilatie43222Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222
Primary activity highlighted.
Names & trade names
Legal nameFR VSOLUTION
Registered office
Dottenijssteenweg(L) 169
7700 Mouscron, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.