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VAHECON

Active
Private limited companyfounded 2004active for 22 yearsPaardenstraat(MAR) 57, 2880 Bornem, BelgiumKBO/BCE: BE 0864.032.349
Summary

VAHECON has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €369,574 and a net result of €93,930. Equity has been stable since 2018 (±1.6% per year). Its solvency ranks better than 50% of 11,772 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 15-03-2004 Normal situation
Activity
Engineering and related technical consultancy, excluding land surveyors NACE 71121
Establishment unit
2.137.177.244 2880 Bornem, since 25-05-2004
Financial year end
31 December
Peppol
Reachable since 20-11-2025

Board and ownership

Shareholders
  • Alain Johan Van Hemelrijkannual accounts 2016

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€145,345
▲ 3.4%
Turnover
≈ €290,000
estimated
Profit
€93,930
▼ 2.2%
Equity
€369,574
▼ 28.0%
Total assets
€691,174
▲ 15.9%
Score breakdownlowers riskLiquidity: current ratio 2.16, cash €613,525Size: total assets €691,174Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Equity €369,574 (53.5% of total assets)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 48% of micro companies in architecture and engineering (NACE 71)
Financial strength · tick: 2024
Strong
Solvency 78-22
equity 53.5% of total assets
Liquidity 78-20
short-term debt 44.8% · cash 88.8%
Profitability 86-3
return on assets 13.6%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,824 companies, NACE 71, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025highest value 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.16 (6.7 in 2024), above the usual 1.5. Short-term debt is 44.8% and cash 88.8% of total assets. 46.5% of the assets are financed with debt and provisions.
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 (NACE 71, micro). It does better than 51% of them on solvency, 67% on liquidity, 58% on profitability and 17% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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

Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 2.16, cash €613,525
NBB · annual accounts
lowers risk · Size: total assets €691,174
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
lowers risk · Equity €369,574 (53.5% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-05-2026, 66 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
66 days early
2024
49 days early
2023
50 days early
2022
34 days early
2021
27 days early
2020
40 days early
2019
52 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 45 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed 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 12 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 91% of companies in architecture and engineeringsector median €16,710 · 11,774 companies €93,930 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €93,930 8 years View
  • Caution: Equity fell in 2025from €513,159 to €369,574 ▼ 28.0% View

Recent changes

  1. · Gazette deed 1 director appointed, 1 director resigning, 1 reappointedAppointment: MOYSON Els Lea Michel (statutory director) · Resignation: Alain Van Hemelrijk (director) · Reappointment: Alain Van Hemelrijk (niet statutairebestuurder)
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as VAHECON: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €606,000 and €780,000, founded between 2001 and 2007.

CompanyTotal assetsGross margin
VAHECON Bornem€691,174€145,345
ATKA Beerse€779,943€137,777
DC ENGINEERING Langemark-Poelkapelle€697,324€146,238
MOZAIEK - INGENIEUR ARCHITECTEN, MULTIPROFESSIONELE ARCHITECTENVENNOOTSCHAP Gent€700,477€156,961
TW-GENERATION Court-Saint-Etienne€605,705€151,942
ECO LOGIC Hamme (Vl.)€710,496€165,213
MICHEL ENGINEERING Fléron€641,983€137,321
Full comparison

Key facts about VAHECON

What is the company number of VAHECON?
The company number of VAHECON is 0864.032.349. The VAT number is the same number with BE in front: BE 0864.032.349.
Where is VAHECON based?
The registered office is at Paardenstraat(MAR) 57, 2880 Bornem.Company details
What does VAHECON do?
According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of VAHECON?
The legal form of VAHECON is Private limited company (BV).
When was VAHECON founded?
VAHECON was founded on 15-03-2004.
Is VAHECON still active?
Yes, VAHECON is an active enterprise in the KBO register.
What is the turnover of VAHECON?
The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €145,345 and 36 comparable companies (NACE 711). It probably lies between €220,000 and €380,000.Financials
Is VAHECON profitable?
In financial year 2025, VAHECON made a profit of €93,930.
Where can I find the annual accounts of VAHECON?
VAHECON filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VAHECON due?
VAHECON must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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