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VADEWE

Active
Private limited companyfounded 2024active for 2 yearsBergstraat 50, 2440 Geel, BelgiumKBO/BCE: BE 1013.709.683

From the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

VADEWE has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€562) and a net result of -€5,954. Its solvency ranks better than 5% of 15,759 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (75 days) Filed on 14 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00557222.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
14-10-2026
Format
micro format
Reference
2026-00557222
Turnover
≈ €16,000
Estimated: probably between €9,300 and €39,000
Total assets
€105,340▼ 10.1%
2024 · €117,226
Net result
-€5,954
2024 · €392
Working capital
-€45,714▼ 46.8%
2024 · -€31,141
Trend over the years

2024 to 2025, 2 financial years

The operating result turns negative in 2025: a loss of €5,545 after €846 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€5,545 2025 Net result-€5,954 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€846--€5,545
Net result€392below the sector's middle half--€5,954below the sector's middle half
Equity€5,392below the sector's middle half--€562below the sector's middle half
Total assets€117,226within the sector's middle half-€105,340within the sector's middle half▼ 10.1%
Debt€111,833-€105,902▼ 5.3%
Working capital-€31,141below the sector's middle half--€45,714below the sector's middle half▼ 46.8%
Solvency4.6%below the sector's middle half--0.5%below the sector's middle half▼ 5.1pp
Current ratio0.39below the sector's middle half-0.23below the sector's middle half▼ 0.16
Return on assets (ROA)0.3%below the sector's middle half--5.7%below the sector's middle half▼ 6.0pp
above within below the middle half of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €105,340
Fixed assets €91,421 ▼ 6.1%
Current assets €13,919 ▼ 29.9%
Equity and liabilities
Equity-€562
Debt€105,902
Equity is negative: debt (€105,902) exceeds the balance-sheet total (€105,340).
Key figures and ratios
2025 value · change against 2024
EBITDA
€2,234▲
2024 · €1,433
Cash flow
€1,824▲
2024 · €979
Interest coverage
10.25▼
2024 · 73.24
Debt ≤ 1 year
€59,633▲
2024 · €50,995
Debt > 1 year
€46,269▼
2024 · €60,838
Income taxes
€192▼
2024 · €435
Equity ratios withheld: equity of -€562 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 14-10-2026.

Balance sheet Code20242025
Assets
Total assets20/58€117,226€105,340▼
Fixed assets21/28€97,372€91,421▼
Tangible fixed assets22/27€22,372€16,421▼
Furniture and vehicles24€22,372€16,421▼
Financial fixed assets28€75,000€75,000=
Current assets29/58€19,854€13,919▼
Amounts receivable within one year40/41€368-
Trade receivables40€368-
Cash at bank and in hand54/58€18,610€13,919▼
Deferred charges and accrued income490/1€876-
Equity and liabilities
Total equity and liabilities10/49€117,226€105,340▼
Equity10/15€5,392-€562▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€392-€5,562▼
Amounts payable17/49€111,833€105,902▼
Amounts payable after more than one year17€60,838€46,269▼
Financial debts170/4€60,838€46,269▼
Amounts payable within one year42/48€50,995€59,633▲
Current portion of amounts payable after more than one year42€19,071€28,731▲
Trade debts44€5,083€4,844▼
Suppliers440/4€5,083€4,844▼
Taxes, remuneration and social security45€7,893€13,300▲
Taxes450/3€2,893€3,011▲
Remuneration and social security454/9€5,000€10,289▲
Other amounts payable47/48€18,949€12,758▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€587€7,779▲
Other operating charges640/8€102€542▲
Gross operating margin9900€1,534€2,776▲
Operating profit (loss)9901€846-€5,545▼
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€20€218▲
Recurring financial charges65€20€218▲
Profit (loss) for the period before taxes9903€827-€5,763▼
Income taxes67/77€435€192▼
Profit (loss) for the period9904€392-€5,954▼
Profit (loss) for the period to be appropriated9905€392-€5,954▼
Appropriation of the result
Profit (loss) to be appropriated9906€392-€5,562▼
Profit (loss) brought forward from the previous period14P-€392

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€587€7,779▲ 13×
Other operating charges640/8€102€542▲ 432%
Gross operating margin9900€1,534€2,776▲ 80.9%
Operating profit (loss)9901€846-€5,545-
Financial income75/76B€1--
Recurring financial income75€1--
Financial charges65/66B€20€218▲ 11×
Recurring financial charges65€20€218▲ 11×
Profit (loss) for the period before taxes9903€827-€5,763-
Income taxes67/77€435€192▼ 55.9%
Profit (loss) for the period9904€392-€5,954-
Profit (loss) for the period to be appropriated9905€392-€5,954-
Line20242025Change
Assets
Total assets20/58€117,226€105,340▼ 10.1%
Fixed assets21/28€97,372€91,421▼ 6.1%
Tangible fixed assets22/27€22,372€16,421▼ 26.6%
Furniture and vehicles24€22,372€16,421▼ 26.6%
Financial fixed assets28€75,000€75,000=
Current assets29/58€19,854€13,919▼ 29.9%
Amounts receivable within one year40/41€368--
Trade receivables40€368--
Cash at bank and in hand54/58€18,610€13,919▼ 25.2%
Deferred charges and accrued income490/1€876--
Equity and liabilities
Total equity and liabilities10/49€117,226€105,340▼ 10.1%
Equity10/15€5,392-€562-
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€392-€5,562-
Amounts payable17/49€111,833€105,902▼ 5.3%
Amounts payable after more than one year17€60,838€46,269▼ 23.9%
Financial debts170/4€60,838€46,269▼ 23.9%
Amounts payable within one year42/48€50,995€59,633▲ 16.9%
Current portion of amounts payable after more than one year42€19,071€28,731▲ 50.7%
Trade debts44€5,083€4,844▼ 4.7%
Suppliers440/4€5,083€4,844▼ 4.7%
Taxes, remuneration and social security45€7,893€13,300▲ 68.5%
Taxes450/3€2,893€3,011▲ 4.1%
Remuneration and social security454/9€5,000€10,289▲ 106%
Other amounts payable47/48€18,949€12,758▼ 32.7%
Line20242025Change
Profit (loss) for the period9904€392-€5,954-
+ Depreciation and write-downs630€587€7,779▲ 13×
Operating cash flow (approximation)€979€1,824▲ 86.3%
Investment in fixed assets (approximation)--€1,828-
Change in cash--€4,691-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 14-10-2026 2026-00557222 NBB
31-12-2024 micro format 25-07-2025 2025-00311536 NBB

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 22,303 active companies whose main activity is activities of lawyers (NACE 69101), figures are known for 9,410. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.