V.E.K.O.
Annual accounts 2026
micro format, filed on 30-10-2026, 1 day before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €210,000. Estimated: probably between €150,000 and €360,000.
Balance sheet
balance sheet total €381,126 on 31-03-2026in euro
in euro
Position in the sector
46.7%
Higher than 56% of 5,724 companies in 2025.
0.50
Higher than 14% of 5,585 companies in 2025.
3.1%
Higher than 39% of 5,611 companies in 2025.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
381,126 | 360,455 | 156,626 | 152,438 | 151,928 | 117,993 | 123,910 | 144,944 | 112,715 | 106,904 | 104,189 | 159,187 | 166,927 | 163,496 | 148,297 | 149,323 | 254,664 | 269,894 | 300,536 | |
21/28 |
321,207 | 304,953 | 108,536 | 95,624 | 67,335 | 34,314 | 48,112 | 81,008 | 64,159 | 16,197 | 27,638 | 34,976 | 19,314 | 106,604 | 104,200 | 138,690 | 175,520 | 213,014 | 214,712 | |
22/27 |
321,207 | 304,953 | 108,536 | 95,624 | 67,335 | 34,314 | 48,112 | 81,008 | 64,159 | 16,197 | 27,638 | 34,976 | 19,314 | 106,604 | 104,200 | 138,690 | 175,520 | 213,014 | 214,712 | |
22 |
8,148 | 10,000 | 11,853 | 13,705 | 15,557 | - | - | - | - | - | - | - | - | 91,014 | 94,728 | 131,252 | 160,743 | 193,365 | 186,643 | |
23 |
294,288 | 262,817 | 51,182 | 50,072 | 42,148 | 15,514 | 20,141 | 51,398 | 42,741 | 2,768 | 5,948 | 5,025 | 6,937 | 9,054 | 757 | 743 | 1,389 | 1,347 | 1,292 | |
24 |
18,770 | 32,136 | 45,502 | 31,847 | 9,630 | 18,801 | 27,971 | 29,611 | 21,418 | 13,428 | 21,690 | 29,951 | 12,378 | 6,536 | 8,715 | 6,694 | 13,389 | 18,302 | 26,777 | |
29/58 |
59,919 | 55,502 | 48,089 | 56,814 | 84,593 | 83,678 | 75,798 | 63,935 | 48,557 | 90,707 | 76,551 | 124,211 | 147,613 | 56,892 | 44,097 | 10,633 | 79,144 | 56,880 | 85,824 | |
3 |
1,828 | 2,239 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
30/36 |
1,828 | 2,239 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
44,470 | 49,776 | 44,534 | 46,224 | 59,042 | 40,639 | 43,595 | 40,908 | 46,608 | 50,557 | 61,016 | 42,868 | 38,998 | 38,089 | 40,407 | 6,271 | 32,506 | 11,399 | 26,680 | |
40 |
12,445 | 16,996 | 16,658 | 17,198 | 35,918 | 14,159 | 16,903 | 13,821 | 18,491 | 27,832 | 19,125 | 16,584 | 16,565 | 11,274 | 11,378 | 5,650 | 2,237 | 7,566 | 12,461 | |
41 |
32,025 | 32,780 | 27,876 | 29,026 | 23,124 | 26,480 | 26,691 | 27,087 | 28,117 | 22,724 | 41,891 | 26,284 | 22,433 | 26,815 | 29,028 | 620 | 30,269 | 3,833 | 14,220 | |
54/58 |
11,556 | 2,757 | 2,509 | 10,173 | 24,597 | 41,688 | 32,204 | 23,027 | 1,949 | 12,707 | 15,444 | 80,942 | 106,434 | 16,899 | 2,619 | 4,363 | 4,545 | 2,580 | 10,892 | |
490/1 |
2,065 | 730 | 1,046 | 417 | 954 | 1,351 | - | - | - | 27,444 | 91 | 401 | 2,180 | 1,904 | 1,071 | - | 42,093 | 42,901 | 48,252 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
381,126 | 360,455 | 156,626 | 152,438 | 151,928 | 117,993 | 123,910 | 144,944 | 112,715 | 106,904 | 104,189 | 159,187 | 166,927 | 163,496 | 148,297 | 149,323 | 254,664 | 269,894 | 300,536 | |
10/15 |
177,860 | 166,068 | 152,400 | 139,687 | 114,046 | 93,322 | 95,473 | 91,102 | 81,745 | 71,013 | 81,468 | 82,085 | 132,464 | 120,304 | 113,719 | 116,341 | 87,218 | 90,258 | 93,707 | |
10/11 |
20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 7,000 | 7,000 | 7,000 | |
100 |
- | - | - | - | - | - | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
101 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13,000 | 13,000 | 13,000 | |
13 |
138,760 | 127,060 | 113,400 | 100,700 | 75,100 | 54,400 | 46,600 | 46,600 | 42,000 | 42,000 | 52,000 | 52,000 | 52,000 | 52,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
130/1 |
- | - | - | 2,000 | 2,000 | 2,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
1311 |
- | - | - | 2,000 | 2,000 | 2,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | - | 4,600 | 4,600 | 4,600 | - | - | - | - | - | - | - | - | - | - | - | |
133 |
138,760 | 127,060 | 113,400 | 98,700 | 73,100 | 47,800 | 40,000 | 40,000 | 40,000 | 40,000 | 50,000 | 50,000 | 50,000 | 50,000 | - | - | - | - | - | |
14 |
19,100 | 19,008 | 19,000 | 18,987 | 18,946 | 18,922 | 28,873 | 24,502 | 19,745 | 9,013 | 9,468 | 10,085 | 60,464 | 48,304 | 91,719 | 94,341 | 78,218 | 81,258 | 84,707 | |
17/49 |
203,266 | 194,387 | 4,226 | 12,751 | 37,882 | 24,671 | 28,437 | 53,841 | 30,971 | 35,891 | 22,722 | 77,102 | 34,463 | 43,193 | 34,578 | 32,982 | 167,446 | 179,636 | 206,829 | |
17 |
83,287 | 101,699 | - | - | - | - | 12,225 | 36,101 | 20,780 | - | 542 | 10,417 | 9,615 | 16,428 | 9,739 | - | 129,015 | 141,282 | 155,134 | |
170/4 |
83,287 | 101,699 | - | - | - | - | 12,225 | 36,101 | 20,780 | - | 542 | 10,417 | 9,615 | 16,428 | 9,739 | - | 129,015 | 141,282 | 155,134 | |
42/48 |
119,979 | 92,498 | 4,226 | 12,751 | 37,882 | 24,671 | 16,212 | 17,740 | 10,191 | 35,891 | 22,180 | 66,685 | 24,847 | 26,765 | 24,839 | 30,482 | 38,223 | 38,354 | 51,694 | |
42 |
18,412 | 19,537 | - | - | 3,588 | 12,225 | 12,060 | 11,577 | 5,853 | 542 | 9,875 | 12,740 | 6,813 | 6,813 | 3,437 | - | 13,959 | 13,185 | 22,622 | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 27 | - | - | - | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 27 | - | - | - | - | - | |
44 |
65,022 | 71,422 | 2,726 | 5,436 | 24,168 | 925 | 4,036 | 4,697 | 1,268 | 1,358 | 505 | 821 | 4,356 | 10,012 | 13,295 | 21,978 | 11,321 | 18,295 | 15,495 | |
440/4 |
65,022 | 71,422 | 2,726 | 5,436 | 24,168 | 925 | 4,036 | 4,697 | 1,268 | 1,358 | 505 | 821 | 4,356 | 10,012 | 11,797 | 11,478 | 11,321 | 18,295 | 15,495 | |
441 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,498 | 10,500 | - | - | - | |
46 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 127 | |
45 |
2,045 | 1,540 | 1,500 | 7,315 | 7,011 | 4,521 | 115 | - | 3,070 | 13,989 | 11,800 | 13,050 | 2,371 | 2,353 | 1,000 | 2,845 | 1,716 | 4,590 | 13,451 | |
450/3 |
2,045 | 1,540 | 1,500 | 7,315 | 7,011 | 4,521 | 115 | - | 3,070 | 13,989 | 11,800 | 10,000 | 2,371 | 2,353 | - | 2,845 | 1,716 | 4,590 | 13,451 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | 3,050 | - | - | 1,000 | - | - | - | - | |
47/48 |
34,500 | - | - | - | 3,115 | 7,000 | - | 1,466 | - | 20,002 | - | 40,074 | 11,308 | 7,561 | 7,107 | 5,659 | 11,228 | 2,284 | - | |
492/3 |
- | 190 | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,500 | 209 | - | - | |
| Income statement | ||||||||||||||||||||
76A |
- | 1,384 | 7,500 | 370 | 200 | - | - | 233 | - | - | - | - | 100,000 | - | - | 217,637 | - | - | - | |
9900 |
76,883 | 64,226 | 48,897 | 56,312 | 50,137 | 37,137 | 47,337 | 38,238 | 41,164 | 38,673 | 11,544 | 12,756 | 27,118 | 18,714 | 10,677 | -20,027 | 31,998 | 40,287 | 71,512 | |
630 |
56,885 | 41,848 | 28,942 | 21,090 | 20,770 | 25,519 | 24,368 | 24,478 | 23,623 | 11,441 | 11,648 | 10,903 | 5,691 | 8,757 | 13,353 | 11,363 | 29,811 | 34,157 | 31,085 | |
631/4 |
- | 1,176 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
640/8 |
1,463 | 1,371 | 1,586 | 559 | 972 | 604 | 455 | 726 | 451 | 450 | 499 | 496 | 443 | 495 | 441 | 563 | 552 | 979 | 100 | |
66A |
- | - | - | - | - | - | - | 1,956 | 1,850 | - | - | 1,301 | 104,004 | 129 | - | 162,063 | - | - | 8,785 | |
9901 |
18,535 | 19,831 | 18,369 | 34,664 | 28,395 | 11,014 | 22,515 | 11,079 | 15,241 | 26,782 | -602 | 1,357 | 20,985 | 9,462 | -3,117 | -31,953 | 1,635 | 5,152 | 40,328 | |
75/76B |
202 | 435 | 370 | 135 | 2 | 307 | 216 | 90 | 10 | 75 | 540 | 292 | 51 | 31 | 605 | 168 | 434 | 75 | 164 | |
75 |
202 | 435 | 370 | 135 | 2 | 307 | 216 | 90 | 10 | 75 | 540 | 292 | 51 | 31 | 605 | 168 | 434 | 75 | 164 | |
65/66B |
4,739 | 5,103 | 137 | 242 | 362 | 452 | 607 | 710 | 299 | 659 | 380 | 629 | 906 | 473 | 115 | 3,115 | 5,163 | 5,804 | 6,190 | |
65 |
4,739 | 5,103 | 137 | 242 | 362 | 452 | 607 | 710 | 299 | 659 | 380 | 629 | 906 | 473 | 115 | 3,115 | 5,163 | 5,804 | 6,190 | |
9903 |
13,998 | 15,163 | 18,602 | 34,556 | 28,035 | 10,870 | 22,124 | 10,460 | 14,952 | 26,199 | -442 | -281 | 16,127 | 8,890 | -2,628 | 20,675 | -3,094 | -578 | 25,516 | |
67/77 |
2,206 | 1,495 | 5,889 | 8,915 | 7,311 | 3,022 | 4,905 | 1,102 | 4,220 | 9,254 | 175 | 98 | 3,966 | 2,306 | -6 | 4,552 | -54 | 2,871 | 7,233 | |
9904 |
11,792 | 13,668 | 12,713 | 25,641 | 20,724 | 7,848 | 17,219 | 9,358 | 10,731 | 16,946 | -617 | -379 | 12,161 | 6,584 | -2,622 | 16,123 | -3,040 | -3,449 | 18,283 | |
789 |
- | - | - | - | 4,600 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | - | - | 4,600 | - | - | - | - | - | - | - | - | - | - | - | |
9905 |
11,792 | 13,668 | 12,713 | 25,641 | 25,324 | 7,848 | 17,219 | 4,758 | 10,731 | 16,946 | -617 | -379 | 12,161 | 6,584 | -2,622 | 16,123 | -3,040 | -3,449 | 18,283 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
30,800 | 32,668 | 31,700 | 44,587 | 44,246 | 36,722 | 28,873 | 24,502 | 19,745 | 26,413 | 9,468 | 60,085 | 60,464 | 98,304 | 91,719 | 94,341 | 78,218 | 81,258 | 84,707 | |
14P |
19,008 | 19,000 | 18,987 | 18,946 | 18,922 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | - | - | 10,000 | - | - | - | - | - | - | - | - | - | |
691/2 |
11,700 | 13,660 | 12,700 | 25,600 | 25,300 | 7,800 | - | - | - | - | - | - | - | 50,000 | - | - | - | - | - | |
6921 |
11,700 | 13,660 | 12,700 | 25,600 | 25,300 | 7,800 | - | - | - | - | - | - | - | 50,000 | - | - | - | - | - | |
694/7 |
- | - | - | - | - | 10,000 | - | - | - | 27,400 | - | 50,000 | - | - | - | - | - | - | - | |
694 |
- | - | - | - | - | 10,000 | - | - | - | 27,400 | - | 50,000 | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for 5 older financial years (2002-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 7 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 2026 at the NBB, filed on 30-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | micro format | 30-10-2026 | 2026-00599758 | |
| 31-03-2025 | micro format | 29-10-2025 | 2025-00558089 | |
| 31-03-2024 | micro format | 28-10-2024 | 2024-00518587 | |
| 31-03-2023 | micro format | 31-10-2023 | 2023-00505647 | |
| 31-03-2022 | micro format | 03-11-2022 | 2022-20482712 | |
| 31-03-2021 | micro format | 02-11-2021 | 2021-75000312 | |
| 31-03-2020 | micro format | 08-10-2020 | 2020-61000163 | |
| 31-03-2018 | micro format | 02-11-2018 | 2018-71500383 | |
| 31-03-2017 | micro format | 22-11-2017 | 2017-70000524 | |
| 31-03-2016 | abbreviated format | 23-11-2016 | 2016-68300264 | |
| 31-03-2015 | abbreviated format | 29-10-2015 | 2015-65800072 | |
| 31-03-2014 | abbreviated format | 30-11-2014 | 2014-68100211 | |
| 31-03-2013 | abbreviated format | 27-12-2013 | 2013-70100037 | |
| 31-03-2012 | abbreviated format | 30-11-2012 | 2012-65800087 | |
| 31-03-2011 | abbreviated format | 24-02-2012 | 2012-04600579 | |
| 31-03-2010 | abbreviated format | 23-05-2011 | 2011-12500137 | |
| 31-03-2009 | abbreviated format | 25-11-2009 | 2009-86100263 | |
| 31-03-2008 | abbreviated format | 26-12-2008 | 2008-87400377 | |
| 31-03-2007 | abbreviated format | 30-11-2007 | 2007-81800028 | |
| 31-03-2006 | abbreviated format | 30-10-2006 | 2006-85301982 | |
| 31-03-2005 | abbreviated format | 30-11-2005 | 2005-87304887 | |
| 31-03-2004 | abbreviated format | 30-11-2004 | 2004-82201038 | |
| 31-03-2003 | abbreviated format | 27-10-2003 | 2003-76300631 | |
| 31-03-2002 | abbreviated format | 10-10-2002 | 2002-65003427 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 75,420 | 61,679 | 47,311 | 55,753 | 49,165 | 36,533 | 46,883 | 35,557 | 38,864 | 38,224 | 11,046 | 12,260 | 26,676 | 18,219 | 10,236 | -20,590 | 31,446 | 39,308 | 71,413 | ||
| 68,677 | 55,516 | 41,655 | 46,731 | 41,494 | 33,368 | 41,588 | 33,836 | 34,354 | 28,387 | 11,030 | 10,524 | 17,852 | 15,341 | 10,731 | 27,486 | 26,772 | 30,707 | 49,368 | ||
| 73,139 | 241,851 | 41,854 | 59,009 | 53,790 | 11,722 | 24,075 | 46,495 | 71,585 | 0 | 4,310 | 26,565 | 22,405 | 11,290 | 11,364 | 135,576 | 687 | 32,459 | 42,800 | ||
| 8,799 | 248 | -7,664 | -14,424 | -17,091 | 9,485 | - | 21,078 | -10,758 | -2,737 | -65,498 | -25,492 | 89,535 | 14,280 | -1,743 | -183 | 1,965 | -8,312 | - | ||
| -60,060 | -36,996 | 43,864 | 44,063 | 46,711 | 59,008 | 59,587 | 46,195 | 38,366 | 54,816 | 54,371 | 57,526 | 122,765 | 30,128 | 19,258 | -19,849 | 40,921 | 18,525 | 34,130 | ||
| 46.7% | 46.1% | 97.3% | 91.6% | 75.1% | 79.1% | 77.1% | 62.9% | 72.5% | 66.4% | 78.2% | 51.6% | 79.4% | 73.6% | 76.7% | 77.9% | 34.2% | 33.4% | 31.2% | ||
| 0.50 | 0.60 | 11.38 | 4.46 | 2.23 | 3.39 | 4.68 | 3.60 | 4.76 | 2.53 | 3.45 | 1.86 | 5.94 | 2.13 | 1.78 | 0.35 | 2.07 | 1.48 | 1.66 | ||
| 0.48 | 0.58 | 11.38 | 4.46 | 2.23 | 3.39 | 4.68 | 3.60 | 4.76 | 2.53 | 3.45 | 1.86 | 5.94 | 2.13 | 1.78 | 0.35 | 2.07 | 1.48 | 1.66 | ||
| 1.14 | 1.17 | 0.03 | 0.09 | 0.33 | 0.26 | 0.30 | 0.59 | 0.38 | 0.51 | 0.28 | 0.94 | 0.26 | 0.36 | 0.30 | 0.28 | 1.92 | 1.99 | 2.21 | ||
| 6.6% | 8.2% | 8.3% | 18.4% | 18.2% | 8.4% | 18.0% | 10.3% | 13.1% | 23.9% | -0.8% | -0.5% | 9.2% | 5.5% | -2.3% | 13.9% | -3.5% | -3.8% | 19.5% | ||
| 3.1% | 3.8% | 8.1% | 16.8% | 13.6% | 6.7% | 13.9% | 6.5% | 9.5% | 15.9% | -0.6% | -0.2% | 7.3% | 4.0% | -1.8% | 10.8% | -1.2% | -1.3% | 6.1% | ||
| 15.91 | 12.09 | over 100 | over 100 | over 100 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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.
Investments
fixed assets acquired| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|---|
| Tangible fixed assets | €73,139 | €241,851 | €41,854 | €59,009 | €53,790 |
| €56,885 | €41,848 | €28,942 | €21,090 | €20,770 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
Insights on V.E.K.O.
The operating result for 2026 is 7% lower than in 2025.
Debt's share of the balance-sheet total falls from 53.9% to 53.3%. Equity and debt are higher.