Equity
€1.6m ▲ 3.8%
VAERT has made a profit without a break since 2019.
VAERT
Lifetime
20 annual accounts with figures on one time axis, 35 filings since 1991peak €1.8m (2019)
-not published
lowest -€91,633 (2008)
€58,870▼ 60.3%
peak €1.6m (2025)
€1.6m▲ 3.8%
€31,044▲ 12×
peak 30.2 FTE (2024)
-not published
Board8 names since 2018
2 directorsIRIDA and 1 other
Owners2 names in the annual accounts
100%ELLESIS and 1 other
Documentsfilings and deeds
30-09-202661 days late
2025financial year
Turnover from €1.7m to €100,000Result from €148,382 to €58,8701 statutory auditor reappointed 28-03Debts from €2,520 to €31,044Investments €94,036Cash from €763 to €3,294
Key points
from the 2025 annual accountsTurnover
€100,000 ▼ 94.2%
Turnover fell in 2025 from €1.7m to €100,000.
Payment terms
910 days to suppliers
VAERT pays its suppliers 908 days later than in 2024. Customers pay 283 days later.
Liquidity
4.72 was 43.76 in 2024
Short-term debts rose from €2,520 to €31,044.
Filings
35 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Board
1 joined · 1 left
Board changed. Latest change 14-01-2026 · 1 in office.
Checked score
85
Excellent
Financially stronger than 54% of micro companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%
01-2025: 0.9%● unchanged vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 1.2%▲ +0.3 percentage points vs 06-2025
08-2025: 1.8%▲ +0.6 percentage points vs 07-2025highest value
09-2025: 0.4%▼ -1.4 percentage points vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.9%▲ +0.5 percentage points vs 07-2026
09-2026: 1.1%▲ +0.2 percentage points vs 08-2026
10-2026: 0.4%▼ -0.7 percentage points vs 09-2026lowest value
11-2026: 0.4%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 61 days late; 1 of the last 3 accounts late
Liquidity: current ratio 4.72, cash €3,294
lowers risk
Size: turnover €100,000, total assets €1.6m
Founded in 1990
Calculation
The band follows from the bankruptcy probability. 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 (no NACE code, micro). It does better than 81% of them on solvency, 40% on liquidity, 65% on profitability and 30% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit verdict
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.72 (43.76 in 2024), above the usual 1.5. Short-term debt is 1.9% and cash 0.2% of total assets. 1.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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 filingsDeviation from the deadline
2025
61 days late
2024
4 days late
2023
48 days early
2022
38 days early
2021
33 days early
2020
44 days early
2019
37 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 19 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were 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 28 June (4 of the last 5 accounts filed within 37 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- ELLESIS 100%score 50equity -€2.4m (2025) · annual accounts 2025
- Orelia NV consolidatesannual accounts 2025
Recent changes
1 statutory auditor reappointed
Vyvey & Co (statutory auditor) · Permanent representatives: Steven Vyvey and Lodewijk Van den Brande · General meeting of 25-05-2024 · Gazette deed
1 director appointed, 1 resignation
Resignation: Kasethi BV · Permanent representatives: Johan Poel and Lodewijk Van den Brande · Appointment: Irida BV · General meeting of 30-01-2024 · Gazette deed
1 director resigning
Permanent representatives: Kris Goormans and Johan Poel · Finisca BV · General meeting of 07/11/23 · Gazette deed
Official details
Source: KBO- Status
- Active since 01-09-1990Normal situation
- Activity
- No activity registered in the KBO
- Joint committee
- 330Health institutions and services · annual accounts 2024
- Establishment unit
- 2.060.828.9404260 Braives, since 17-02-1993
- Financial year end
- 31 December
- Peppol
- Reachable
Companies linked to VAERT
Parent and group
Insights on VAERT
VAERT has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €58,870.
Equity has been growing by about 18% per year since 2018. The computed 12-month bankruptcy probability is 0.4% (very low).
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 VAERT
- What is the company number of VAERT?
- The company number of VAERT is 0441.875.976. The VAT number is the same number with BE in front: BE 0441.875.976.
- Where is VAERT based?
- The registered office is at Drève d'Ormes 33, 4260 Braives.Company details
- What is the legal form of VAERT?
- VAERT is a private limited company (BV).
- When was VAERT founded?
- VAERT was founded on 01-09-1990.
- Is VAERT still active?
- Yes, VAERT is an active enterprise in the KBO register.
- How many employees does VAERT have?
- VAERT had an average of 30.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does VAERT fall under?
- In its 2024 annual accounts, VAERT states joint committee 330 (Health institutions and services).
- What is the turnover of VAERT?
- The turnover of VAERT was €100,000 in financial year 2025, according to the filed annual accounts.
- Is VAERT profitable?
- In financial year 2025, VAERT made a profit of €58,870.
- Where can I find the annual accounts of VAERT?
- VAERT filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VAERT due?
- VAERT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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