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VAEKE

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

Overview

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

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

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

€197,736▼ 16.1%
€37,492▼ 60.5%
€87,198▲ 75.4%
€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.

Financials

Annual accounts 2025

micro format, filed on 02-02-2026, 2 days late
€197,736
▼ 16.1%
€72,929
▼ 50.1%
€37,492
▼ 60.5%
€50,031
▲ €360,076
5.4%
▼ 0.2 percentage points
1.13
▲ 0.93

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €530,000. Estimated: probably between €360,000 and €810,000.

Balance sheet

balance sheet total €1.6m on 30-06-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

5.4%

Higher than 22% of 4,032 companies in 2025.

1.13

Higher than 48% of 3,949 companies in 2025.

2.3%

Higher than 51% of 3,983 companies in 2025.

VAEKE Middle half of the sector 80% of the sector Micro accounts in crop and animal production (NACE 01)

Net result: top quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020
Balance sheet: assets
20/58 1.6m891,816917,918876,635588,209559,447
21/28 1.2m813,637858,812823,587538,159500,013
22/27 1.2m813,017858,192823,587537,539499,393
22 951,093608,989583,740583,183389,670380,971
23 46,85571,01592,04195,39589,99396,591
24 202,109133,014182,411145,00957,87621,831
28 620620620-620620
29/58 423,38578,17959,10653,04850,05059,435
40/41 91,51862,34251,42240,21526,61548,054
40 60,85547,72950,66425,68724,75947,675
41 30,66314,61375814,5281,857379
54/58 325,52512,5194,9959,69515,8948,760
490/1 6,3423,3182,6893,1387,5412,620
Balance sheet: equity and liabilities
10/49 1.6m891,816917,918876,635588,209559,447
10/15 87,19849,70554,901-39,96742,26116,520
10/11 31,00031,00031,00031,00031,000-
11 -----6,200
1100/10 -----6,200
14 56,19818,70523,901-70,96711,26110,320
16 155,871159,786158,463150,300--
160/5 155,871159,786158,463150,300--
163 155,871159,786158,463150,300--
17/49 1.4m682,325704,554766,302545,948542,927
17 1.0m294,102345,298419,006280,954305,209
170/4 1.0m294,102345,298419,006280,954305,209
42/48 373,353388,223356,089344,130264,995237,718
42 91,17851,19773,70773,42024,25524,255
44 9,5452,0744,0091,47713,17531
440/4 9,5452,0744,0091,47713,17531
45 3,08528,3446,6007,6743,5252,500
450/3 3,08528,3446,6007,6743,5252,500
47/48 269,545306,608271,772261,558224,040210,932
492/3 5,616-3,1663,166--
Income statement
76A 6,742-----
9900 197,736235,685198,47191,31043,418159,719
630 121,99684,86670,66372,25628,46897,052
640/8 2,1634,5521,5151,7431,1743,327
66A 6481103,68883,312-33,908
9901 72,929146,157122,605-66,00113,77625,433
75/76B 13529-3719
75 13529-3719
65/66B 33,57924,47127,02716,22612,60414,438
65 33,57924,47127,02716,22612,60414,438
9903 39,363121,69195,606-82,2281,20911,014
67/77 1,87026,887738-268693
9904 37,49294,80494,868-82,22894010,320
9905 37,49294,80494,868-82,22894010,320
Appropriation of the result
9906 56,198118,70523,901-70,96711,26110,320
14P 18,70523,901-70,96711,261--
694/7 -100,000----
694 -100,000----
Document PDFPDFPDFPDFPDFPDF

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 02-02-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 2 days after the deadline. Filed on 2 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00026803.

Financial year Type Filed Reference Document
30-06-2025 micro format 02-02-2026 2026-00026803 PDF
30-06-2024 micro format 30-01-2025 2025-00020716 PDF
30-06-2023 micro format 15-01-2024 2024-00001470 PDF
30-06-2022 micro format 30-01-2023 2023-00008813 PDF
30-06-2021 micro format 24-01-2022 2022-02400130 PDF
30-06-2020 micro format 13-01-2021 2021-00900084 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020
194,925231,023193,2686,25542,243122,485
159,488179,670165,531-9,97129,408107,372
549,94140,080112,026470,61766,614630,972
313,0067,524-4,700-6,1997,134-
50,031-310,044-296,983-291,082-214,944-178,284
5.4%5.6%6.0%-4.6%7.2%3.0%
1.130.200.170.150.190.25
15.8413.7312.83-12.9232.86
43.0%190.7%172.8%-2.2%62.5%
2.3%10.6%10.3%-9.4%0.2%1.8%
5.809.447.150.39--

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
Item30-06-202530-06-202430-06-202330-06-2022
Tangible fixed assets€549,941€40,080€111,406€470,617
Financial fixed assets--€620-
€121,996€84,866€70,663€72,256

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on VAEKE

The operating result for 2025 is 50% lower than in 2024 and the lowest since 2022.

Debt's share of the balance-sheet total rises from 76.5% to 85.0%. Equity and debt are higher.

Board & ownership

Board

2 directors, since incorporation
Manager (not named in the articles)
since 17-08-2018 term without a fixed end
listed in the 2025 annual accounts, filed on 02-02-2026
Manager (not named in the articles)
since 17-08-2018 term without a fixed end
listed in the 2025 annual accounts, filed on 02-02-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each manager alone
deed of 23-08-2018

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

Manager (not named in the articles)

Manager (not named in the articles)
Board
Mandates as a list
    • Manager (not named in the articles), from 17-08-2018 to date
    • Manager (not named in the articles), from 17-08-2018 to date

See the board, name and registered office on a given date →

Control

Founders
,
This company
VAEKE
Equity €87,198
Profit €37,492 in 2025

Capital

Contribution
€31,000
Shares
620
Contribution per share
€50
Equity per share
€141 in 2025
Source
2025 annual accounts

Articles of association

DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 10-09-2021 (in Dutch)
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Saturday of December at 17:00
deed of 23-08-2018 (in Dutch)

Shareholders

At incorporation deed of 23-08-2018 ↗
  • 615 shares · €30,750
  • 5 shares · €250

Capital transactions

Capital over time
  1. 10-09-2021 Converted to unavailable equity
  2. 23-08-2018 Incorporation · €31,000 · 620 shares

Network & group

No group

VAEKE has no parent and no holdings in its annual accounts.

At the same address

Moubekestraat 48, 8211 Zedelgem · 3 other companies
NIMAGRI
registered office since 10-08-2026
founded in 2026
1041.136.335
Vanhollebeke, Niels (sole trader)
establishment since 01-04-2024
founded in 2024
1008.288.967
Waeyaert, Gabriel (sole trader)
establishment since 01-01-1971
founded in 1971
0532.215.739

Connections & network

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
via · Director (not named in the articles) · deed of 12-08-2026
Founded in 2026

Timeline

Timeline

16 events since 2018

Deadline for the 2026 accounts: 31-01-2027

2026
Annual accounts 2025 filed PDFmicro format · 2 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0700999501
Liquidity more than 5 times current ratio 1.13 The current ratio rises from 0.20 to 1.13. Short-term debt falls from €388,223 to €373,353.
Annual accounts 2024 filed PDFmicro format · 1 day before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 16 days before the deadline
2023
Environmental permit granted Bouwen of herbouwen, Het reliëf van de bodem aanmerkelijk wijzigen, Verwijderen van vrijstaande gebouwen · Zedelgem
Back to profit net €94,868 The net result is €94,868, after one loss-making year.
Annual accounts 2022 filed PDFmicro format · 1 day before the deadline
2022
Weakest financial year net -€82,228 The net result drops to -€82,228, the lowest from 2020 to 2025. It recovers the following year.
Annual accounts 2021 filed PDFmicro format · 7 days before the deadline
2021
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 12-08-20215 points ▸
  • General meeting, 12-08-2021
  • 620 shares
  • Board composition, (director)
  • Board composition, (director)
  • Registered office clause, Moubekestraat 48, 8211 Aartrijke
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

Environmental permit granted Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Slopen van niet vrijstaande gebouwen of constructies · Zedelgem
Annual accounts 2020 filed PDFmicro format · 18 days before the deadline
2019
Registered office moved to AartrijkeNew registered office: Moubekestraat 48 8211 Aartrijke · General meeting of 28-11-20192 points ▸
  • General meeting, 28-11-2019
  • Registered-office move, Moubekestraat 48 8211 Aartrijke

Open the deed in the Belgian Official Gazette

2018
IncorporationFounding capital of €31,000, 620 shares · Founders: and · Appointments: (manager) and (manager) · published on 23-08-20186 points ▸
  • Founder,
  • Founder,
  • Capital, €31,000, 620 shares
  • Board rule, 2
  • Director appointment, (manager (not named in the articles))
  • Director appointment, (manager (not named in the articles))
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

First establishment Moubekestraat 48, Zedelgem

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 21 August 2018, VAEKE was incorporated by two natural persons, with a starting capital of €31,000.12 In 2019 the registered office moved to Aartrijke.3 Of the 2 current board members, 2 have served since 2018.4 Total assets went from €559,447 in 2020 to €1.6m in 2025.5

  1. 1KBO register
  2. 2Belgian Official Gazette, 23-08-2018
  3. 3Belgian Official Gazette, 13-12-2019
  4. 4National Bank, annual accounts 2025
  5. 5National Bank, annual accounts 2020 and 2025

Company details

Identity

Enterprise number
0700.999.501
VAT number
BE 0700.999.501
Peppol ID
0208:0700999501
Other Peppol ID
9925:BE0700999501
Legal form
Private limited company
Status
Active, normal situation
Founded
21-08-2018
Financial year
ends on 30 June
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Saturday of December at 17:00
deed of 23-08-2018 (in Dutch)
Peppol
Reachable since 26-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
VAEKE in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 10-09-2021 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 10-09-2021 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
01610 Support activities for crop production main activity
01500 Crop and animal production, hunting and related service activities
68201 Real estate activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Uitvoeren van een adviserende functie in het kader van de bouw; Afbraakwerken en vervoer van afval,aarde en steenafval; Aankoop,renovatie en…”
36 activities
  1. Uitvoeren van een adviserende functie in het kader van de bouw.
  2. Afbraakwerken en vervoer van afval,aarde en steenafval.
  3. Aankoop,renovatie en verkoop van onroerend goed.
  4. Opslag van landbouwproducten.
  5. Verhuur en lease van alle machines en werktuigen.
  6. Bouwrijp maken van terreinen en andere grondwerken.
  7. Het beheer van roerende en onroerende goederen in de ruimste zin.
  8. Handel in eigen onroerend goed : flatgebouwen en woningen,niet voor bewoning bestemde gebouwen,grond…
  9. Verkoop van eigen handelszaken.
  10. Verhuur en verkoop van eigen onroerend goed.
  11. Verhuur en verkoop van woningen exclusief sociale woningen.
  12. Verhuur en verkoop van al dan niet gemeubelde appartementen en huizen.
  13. Verhuur en verkoop van niet-residentiële gebouwen zoals kantoorgebouwen.
  14. Verhuur en verkoop van garageboxen en standplaatsen voor auto's.
  15. Verhuur en verkoop van handelszaken.
  16. Bemiddeling in en beheer van onroerend goed voor rekening van derden.
  17. Bemiddeling in onroerend goed,bij aankoop,verkoop en verhuur van onroerend goed.
  18. Beheer van onroerend goed.
  19. Waarnemen van bestuursmandaten.
  20. Vervullen van managementsopdrachten.
  21. Iedere agrarische activiteit,grondgebonden of niet,met inbegrip van de noodzakelijke activiteiten voor en na de specifieke land- en tuinbouwactiviteit. De activiteiten die men als noodzakelijk acht,hebben ten eerste betrekking op het voorzien en produceren van de nodige productiemiddelen voor eigen gebruik bijvoorbeeld veevoeders,mest,enz. vervolgens omvatten deze ook het in de handel brengen van de eigen productie op eender welke wijze.
  22. De exploitatie van een landbouw- en tuinbouwbedrijf in de meeste uitgebreide zin met inbegrip van alle activiteiten op gebied van akkerbouw,veeteelt.
  23. Teelt van groenten,meloen en wortel- en knolgewassen.
  24. Teelt van granen,peulgewassen en oliehoudende zaden.
  25. Het kweken,slachten,verkopen van voedingsproducten en vlees mogelijks op de hoeve geslacht.
  26. Het uitbaten van een landbouwbedrijf in de meest ruime zin;
  27. Het stellen van alle mogelijke verrichtingen die behoren tot de normale exploitatie van een landbouwonderneming,zoals het pachten en verpachten van hoeven en landerijen,de verkoop van producten,het verlenen van medewerking bij de exploitatie van andere soortgelijke bedrijven,het verhandelen van deze producten,het afsluiten van contracten voor loonwerk,het bouwen van stallen en andere landbouwinrichtingen,het onderhouden en herstellen van de gepachte en de in eigendom zijnde hoevegebouwen en omgeving;
  28. De handel,de invoer en uitvoer,het transport,de groot- en kleinhandel,het opfokken en het slachten van alle vee en dieren en alle handelingen die daarmee verband houden;
  29. Het huren en verhuren van hokken en gronden voor het fokken van alle vee en het telen van landbouwvruchten;
  30. Markt klaarmaken en verpakken van land- en tuinbouwproducten;
  31. Uitvoeren van diverse land- en tuinbouwwerken,zowel voor eigen rekening als voor rekening van derden;
  32. Uitvoeren van algemene landbouwwerken in eigen naam als in onderaanneming
  33. Transport van goederen
  34. Handel (aan- en verkoop) van landbouwmachines in de ruimste zin van het woord
  35. Herstel- en vervaardigen van landbouwmachines
  36. Exploitatie van bossen en handel in brandhout
deed of 10-09-2021 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit numberFASFC approval
Moubekestraat 48 registered office 8211 Zedelgem 21-08-2018 2.278.726.077 Farm - field crops

Buildings and parcels at the address

Ground area
810 m²
Buildings
255 m²
Volume, LiDAR
1,008 m³
Tallest building
8.2 m
Buildings to scale, each on its own parcel
255 m², 8.2 m 255 m², 8.2 m

Environmental permits

2 applications in Flanders since 2021 · 2 granted
14-11-2023 Granted Bouwen of herbouwen; Het reliëf van de bodem aanmerkelijk wijzigen; Verwijderen van vrijstaande gebouwen submitted 05-05-2023 · project 2023027794 Zedelgem
08-06-2021 Granted Bouwen of herbouwen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Slopen van niet vrijstaande gebouwen of constructies submitted 02-02-2021 · project 2021014786 Zedelgem

Source: Omgevingsloket Vlaanderen.

Location

registered office establishment The establishment unit on the map
4 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
31001C0061/00G000810 m² 1 · 255 m² 8.2 m · 1

Recognitions

Food safety, FASFC

1 site
Zedelgemunit number 2.278.726.077
1 permission
Farm - field crops · since 09-09-2021

Source: FAVV-AFSCA, open data, updated on 02-11-2026