Equity
€35,695 from €162,002 in 2016
Equity fell by 78% in 10 years.
VAES
Lifetime
20 annual accounts with figures on one time axis, 25 filings since 2002peak €153,594 (2010)
€5,108▲ 23.2%
lowest -€61,297 (2016)
-€13,215▲ €602
peak €162,002 (2016)
€35,695▼ 27.0%
€275,426unchanged
peak 3.3 FTE (2008)
-not published
Board3 names since 2001
1 director
Documentsfilings and deeds
30-09-202631 days before the deadline
2026micro format
Gross margin from €4,145 to €5,108Loss of €13,215Equity from €48,910 to €35,695Cash from €721 to €247
Key points
from the 2026 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 973 companies had the same profile as VAES has now. Each dot stands for 3 companies, two years later.
92.9%
were still trading
4.4%
stopped another way
2.3%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
| 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 973 companies, not a prediction for VAES. 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
Recent changes
Registered office moved from Glabbeek to Hoegaarden
New registered office: St.-Laurentiusstraat 18, 3320 Hoegaarden · Previous registered office: Tiensesteenweg 175, 3380 Glabbeek · Resignations: (director) and (manager) · General meeting of 19-10-2023 · Gazette deed
New manager
appointed, resigned · General meeting of 01-01-2018 · Gazette deed
First establishment
St.-Laurentiusstraat 18, Hoegaarden
Incorporation
published on 21-04-2001 · Gazette deed
Official details
Source: KBO- Status
- Active since 10-04-2001Normal situation
- Activity
- “Het verwerven van participaties in eender welke vorm in alle bestaande of op te…” (deed in Dutch)From the articles, 12 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.116.583.0553320 Hoegaarden, since 24-09-2001
- Financial year end
- 31 March
- Peppol
- Not found in the Peppol Directory
Annual accounts to 31-03-2026
- ≈ €39,000estimated
- €393,353▼ 4.1%
- Filing
- Filed on 30-09-2026, 31 days before the end of the filing period
Insights on VAES
VAES files the micro format. That format states no turnover. The gross margin fell from €107,923 in 2007 to €5,108 in 2026.
The balance sheet grew most from 2016 to 2017 through fixed assets.
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 VAES
- What is the company number of VAES?
- The company number of VAES is 0474.563.095. The VAT number is the same number with BE in front: BE 0474.563.095.
- Where is VAES based?
- The registered office is at St.-Laurentiusstraat 18, 3320 Hoegaarden.Company details
- What is the legal form of VAES?
- VAES is a private limited company (BV).
- When was VAES founded?
- VAES was founded on 10-04-2001.
- Is VAES still active?
- Yes, VAES is an active enterprise in the KBO register.
- What is the turnover of VAES?
- The turnover in financial year 2026 is ≈ €39,000. This figure is estimated from the gross margin of €5,108 and 6,298 comparable companies of the same size. It probably lies between €18,000 and €93,000. It is a rough estimate.Financials
- Is VAES profitable?
- In financial year 2026, VAES made a loss of €13,215.
- Where can I find the annual accounts of VAES?
- VAES filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of VAES due?
- VAES must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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