VABEL

Active Risk: moderate

Public limited companyfounded 1989active for 37 yearsGrauwmeer 1, 3001 Leuven, Belgium101 active companies are registered at this addressKBO/BCE: BE 0436.950.752

From the official registers: KBO 37 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of VABEL is 1.6% (moderate). The 2025 annual accounts show equity of €0 and a net result of -€493,650. Equity remains stable across the filed financial years (±2.3% per year). Its net result ranks better than 5% of 17,097 sector peers (NACE 68, financial year 2025). The company has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals.

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VABELActive

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Official details

KBO

Status: Active since 03-03-1989 Normal situation
Legal form: Public limited company
Registered office: Grauwmeer 1, 3001 Leuven
Activity: Development of residential building projects NACE 68121
Establishment unit: 2.042.663.711 3001 Leuven, since 24-03-1989
Financial year end: 31 December
Peppol: Reachable since 23-06-2025

Company details

Who decides

Board

Barthels IvesChair

Shareholders

Barkerseco BV ovve NVconsolidatesannual accounts 2016

Board & ownership

How it is doing

Bankruptcy probabilitywithin 12 months: 1.6%

Too few figures to score

Annual accounts 2025

Gross margin: €4,253
Turnover: ≈ €18,000; estimated
Loss: €493,650; ▲ 329×
Equity: €0; ▼ 100%

2025 accounts filed 82 days late

Filed on 21-10-2026at the National Bank

Financials

Signalsraises riskLiquiditeit niet neergelegdFigures for financial year 2024 (filed 05-09-2025)Last filed accounts filed 82 days late; 2 of the last 3 latePersistent losses2025 accounts filed 82 days latelowers riskFounded in 1989Show the evidence

Bankruptcy probability

No current score

Insufficient figures

A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)

Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.6%▲ +0.1 percentage points vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%▲ +0.2 percentage points vs 07-2025 09-2025: 1.0%▲ +0.1 percentage points vs 08-2025 10-2025: 0.5%▼ -0.5 percentage points vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026lowest value 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.9%▲ +0.4 percentage points vs 07-2026 09-2026: 1.0%▲ +0.1 percentage points vs 08-2026 10-2026: 1.6%▲ +0.6 percentage points vs 09-2026highest value

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Signals

Six signals.

lowers riskraises risk

Liquiditeit niet neergelegd

NBB · annual accounts

Figures for financial year 2024 (filed 05-09-2025)

NBB · annual accounts

Founded in 1989

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Last filed accounts filed 82 days late; 2 of the last 3 late

NBB · filings

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

1819202122232425

2018 to 2025 · latest year -€493,650

2025 accounts filed 82 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-10-2026, 82 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 · 10 filings

Deviation from the deadline

2025

82 days late

2024

30 days late

2023

69 days late

2022

31 days late

2021

31 days late

2020

199 days late

2019

122 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 81 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

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 31 August (4 of the last 5 filed years within 39 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Caution: Result fell in 2025from -€1,500 to -€493,650 ▼ 32,809% View
Caution: Among the weakest 5% on net resultsector median €6,036 · 17,097 companies -€493,650 View
Caution: 2 loss-making years in a rowloss financial year 2025 -€493,650 View

Documents

Key facts about VABEL

What is the company number of VABEL?: 0436.950.752. In Belgium the VAT number is the company number with BE in front: BE 0436.950.752.
Where is VABEL based?: The registered office is at Grauwmeer 1, 3001 Leuven.Company details
What does VABEL do?: According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of VABEL?: Public limited company (NV).
When was VABEL founded?: On 03-03-1989.
Is VABEL still active?: Yes, VABEL is an active enterprise in the KBO register.
What is the turnover of VABEL?: ≈ €18,000 in financial year 2025. Estimated from the gross margin of €4,253: probably between €8,700 and €56,000, based on 48 comparable companies, NACE 68121. A rough estimate.Financials
Is VABEL profitable?: In financial year 2025, VABEL made a loss of €493,650.
Where can I find the annual accounts of VABEL?: VABEL filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of VABEL due?: By 31-07-2027, for financial year 2026.Timeline