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VAEKE

Active Private limited companyfounded 2018active for 8 yearsMoubekestraat 48, 8211 ZedelgemKBO/BCE: BE 0700.999.501

Lifetime

6 annual accounts with figures on one time axis
peak €235,685 (2024)
€197,736▼ 16.1%
lowest -€82,228 (2022)
€37,492▼ 60.5%
peak €87,198 (2025)
€87,198▲ 75.4%
€1.4m▲ 102%
Board2 names since 2018
2 directors and 1 other
Documentsfilings and deeds
02-02-20262 days late
2025micro format
Gross margin from €235,685 to €197,736Result from €94,804 to €37,492Equity from €49,705 to €87,198Debts from €682,325 to €1.4mInvestments €509,036Cash from €12,519 to €325,525

Key points

from the 2025 annual accounts

Result

€37,492 ▼ 60.5%
€94,8002024€37,5002025

The result fell in 2025 from €94,804 to €37,492.

Turnover

≈ €530,000 estimated

The micro format states no turnover.

Debts

€1.4m 85% of the balance sheet
Financial debts 73%Suppliers 1%Taxes and wages 0%Other 27%

Of this, €373,353 falls due within a year.

Investments

€549,941 4.5 × depreciation
2022202320242025

Green is investment, beige is depreciation. Land and buildings stand 56.2% higher than in 2024.

Liquidity

1.13 was 0.20 in 2024

Short-term debts fell from €388,223 to €373,353.

Filings

6 annual accounts 1 late
deadline202020222024

The 2025 accounts came 2 days late. The other five were filed on time.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,603 companies had the same profile as VAEKE has now. Each dot stands for 5 companies, two years later.

96.0%
were still trading
1.8%
stopped another way
1.9%
went bankrupt
  • Small
  • 5 to 10 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,603 companies, not a prediction for VAEKE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Manager, since 17-08-2018
Manager, since 17-08-2018
  • 615 sharesdeed of 23-08-2018
  • 5 sharesdeed of 23-08-2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0700999501
Environmental permit granted Bouwen of herbouwen, Het reliëf van de bodem aanmerkelijk wijzigen, Verwijderen van vrijstaande gebouwen · Zedelgem
Purpose change · Amendment of the articles · Legal-form change · Resignations & appointments “Uitvoeren van een adviserende functie in het kader van de bouw; Afbraakwerken en vervoer van afval,aarde en…” (deed in Dutch) · Board composition: (director) · Board composition: (director) · General meeting of 12-08-2021 · Gazette deed
Environmental permit granted Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Slopen van niet vrijstaande gebouwen of constructies · Zedelgem
All 16 events

Comparable companies

same main activity, similar in size and age
Company
VAEKE Zedelgem €1.6m €197,736 5.4% -
Sampers Veurne €1.3m €247,081 20.4% -
Cultivaé Perwez €2.2m €217,983 10.4% -
CUMA VD AGRI Mettet €1.8m €226,820 6.7% -
VDS AGRO Ranst €1.8m €258,017 10.6% -
VAN HULLE KOEN Aalter €1.2m €246,072 41.1% 2.1
De Latthauwer Martin Wetteren €1.2m €251,346 95.0% -

These companies have the same main activity as VAEKE: support activities for crop production (NACE 01610). They are comparable in size and age: total assets between €1.2m and €2.2m, founded between 2016 and 2020.

Official details

Source: KBO
Status
Active since 21-08-2018Normal situation
Activity
Support activities for crop productionNACE 01610and 2 others
Establishment unit
2.278.726.0778211 Zedelgem, since 21-08-2018
Financial year end
30 June
Peppol
Reachable since 26-10-2025
Company details

Annual accounts to 30-06-2025

€1.6m▲ 82.1%
Filing
Filed on 02-02-2026
Financials

Insights on VAEKE

VAEKE files the micro format. That format states no turnover. The gross margin rose from €159,719 in 2020 to €197,736 in 2025.

The balance sheet grew most in 2025 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about VAEKE

What is the company number of VAEKE?
The company number of VAEKE is 0700.999.501. The VAT number is the same number with BE in front: BE 0700.999.501.
Where is VAEKE based?
The registered office is at Moubekestraat 48, 8211 Zedelgem.Company details
What does VAEKE do?
According to the KBO register, the main activity is support activities for crop production (NACE 01610).
What is the legal form of VAEKE?
VAEKE is a private limited company (BV).
When was VAEKE founded?
VAEKE was founded on 21-08-2018.
Is VAEKE still active?
Yes, VAEKE is an active enterprise in the KBO register.
What is the turnover of VAEKE?
The turnover in financial year 2025 is ≈ €530,000. This figure is estimated from the gross margin of €197,736 and 44 comparable companies (NACE 01). It probably lies between €360,000 and €810,000.Financials
Is VAEKE profitable?
In financial year 2025, VAEKE made a profit of €37,492.
Where can I find the annual accounts of VAEKE?
VAEKE filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VAEKE due?
VAEKE must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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