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Vadebo

Active
Public limited companyfounded 1984active for 42 yearsPeer Luytendijk 14, 2490 Balen, BelgiumKBO/BCE: BE 0426.414.671
Summary

Vadebo has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26.4m and a net result of €163,755, of which €1.4m non-recurring income. Equity is growing by about 28% per year across the filed financial years. Its solvency ranks better than 81% of 2,060 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Risk analysisFollow ReportCompare
VadeboActiveChecked score 83/100
Risk analysis ReportCompare

Overview

Activity
Raising of horses and other equines
NACE 01430
Largest company by total assets in Balen, Agriculture, forestry and fishing sector2 sites
Size
€35.6mtotal assets 2025
Staff
8.5 FTE
Equity
€26.4m
Profit
€163,755
Turnover not published (abbreviated format)
Financial health
83 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Board
4 members
Holdings
3
2025 accounts 58 days early3 of 12 deeds summarised
Why 83raises risk1 change of registered office in 24 monthsLiquidity: current ratio 1.87, cash €1.3m, halved1 of the last 3 latelowers riskSize: 8.5 FTE, total assets €35.6mShow the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 52% of its sector peers (NACE 01, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 99-1
equity 74.3% of total assets
Liquidity 45-8
short-term debt 25.1% · cash 3.8%
Profitability 69+16
return on assets 0.5%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (5,682 companies, NACE 01, micro)
Last 24 months 11-2024: 1.3% 12-2024: 1.3%● unchanged vs 11-2024 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.4%▲ +0.1 percentage points vs 06-2025 08-2025: 1.7%▲ +0.3 percentage points vs 07-2025 09-2025: 2.8%▲ +1.1 percentage points vs 08-2025highest value 10-2025: 0.2%▼ -2.6 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.3 percentage points vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026
Credit of up to €2,150,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.87, compared with 2.15 in 2024, above the usual 1.5; short-term debt: 25.1% and cash: 3.8% of total assets), and 25.7% of the assets are financed with debt and provisions.
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 01, micro): better than 83% on solvency, 42% on liquidity, 43% on profitability and 39% on growth.

The bankruptcy probability was computed on 23-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Liquidity: current ratio 1.87, cash €1.3m, halved
NBB · annual accounts
raises risk · 1 of the last 3 late
NBB · filings
lowers risk · Size: 8.5 FTE, total assets €35.6m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
58 days early
2024
61 days late
2023
34 days early
2022
60 days late
2021
78 days late
2020
90 days late
2019
61 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 37 days after the deadline; the sector median (NACE 01) for financial year 2024 is 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · 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 29 September (4 of the last 5 filed years within 93 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Reappointments: Van den Bosch Evelien, Van…Gazette deed
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Result fell in 20252024 carried a one-off income of €24.7m ▼ 99.3% View
  • Positive: Largest company by total assets in Balen, Agriculture, forestry and fishing sectorin the Checked rankings No. 1 View
  • Active since 1984founded 28-02-1984 42 years View

By topic

Financials

Financial year
2025
Total assets
€35.6m
Profit
€163,755
Solvency
74.3%
Total assets▲ 1.4%
Net result
20182025
Go to Financials

Board & ownership

Board
4 members
  • Hulsmans BrigitteDirector
  • Van den Bosch CharlotteDirector
  • Van den Bosch EvelienDirector
  • Van den Bosch PaulManaging director
Go to Board & ownership

Timeline

Events
51
Since
1985
Next accounts
by 31-07-2027
  1. 20-08-2025Registered office
  2. 31-12-2024Back to profit
  3. 31-12-2024Equity above €25m
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Raising of horses and other equinesNACE 01430
Founded
28-02-1984
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Vadebo

What is the company number of Vadebo?
0426.414.671. In Belgium the VAT number is the company number with BE in front: BE 0426.414.671.
Where is Vadebo based?
The registered office is at Peer Luytendijk 14, 2490 Balen.Company details
What does Vadebo do?
According to the KBO register, the main activity is raising of horses and other equines (NACE 01430).
What is the legal form of Vadebo?
Public limited company (NV).
When was Vadebo founded?
On 28-02-1984.
Is Vadebo still active?
Yes, Vadebo is an active enterprise in the KBO register.
How many employees does Vadebo have?
On average 8.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Vadebo?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Vadebo profitable?
In financial year 2025, Vadebo made a profit of €163,755.
Where can I find the annual accounts of Vadebo?
Vadebo filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Vadebo due?
By 31-07-2027, for financial year 2026.Timeline

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