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VEBA

Active Public limited companyfounded 2009active for 17 yearsVinkenstraat 12, 1850 GrimbergenKBO/BCE: BE 0811.583.261

Lifetime

16 annual accounts with figures on one time axis
peak €202,358 (2020)
€156,178▲ 1.8%
lowest -€79,573 (2010)
€11,462▼ 33.4%
peak €1.5m (2025)
€1.5m▲ 0.8%
€513,532▲ 18.4%
Board2 names since 2021
1 directorVERPEUT Paul
Documentsfilings and deeds
12-08-202612 days late
2025abbreviated format
Result from €17,216 to €11,462Debts from €433,674 to €513,532Cash from €49,031 to €181,245

Key points

from the 2025 annual accounts

Turnover

≈ €210,000 estimated

The accounts state no turnover.

Filings

16 annual accounts since 2010
AprilJune31 JulyOctober2010201520202025

Ten of the last ten came late. The 2017 accounts came latest: 71 days after the end of the period.

Position in the sector

73.9%

Higher solvency than 81% of companies in real estate. Sector median 30.7% · 11,297 companies.

Checked score

95
Excellent
Financially stronger than 61% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).

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

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.5%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.4 percentage points 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 12-2025 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: 0.3%▲ +0.2 percentage points vs 07-2026 09-2026: < 0.1%▼ -0.3 percentage points vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

99-1equity 73.9% of total assets
52+2short-term debt 25.5% · cash 9.2%
69-1return on assets 0.6%

Score breakdown

raises risk
No registered site in the KBO
lowers risk
Size: total assets €2.0m
Figures for financial year 2025 (filed on 13-08-2026)
Equity €1.5m (73.9% of total assets)
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 68, micro). It does better than 80% of them on solvency, 59% on liquidity, 58% on profitability and 48% 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).

Comparable companies, two years later

In July 2024, 6,049 companies had the same profile as VEBA has now. Each dot stands for 16 companies, two years later.

95.9%
were still trading
3.6%
stopped another way
0.4%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

That fits the bankruptcy probability of VEBA itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,448 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 3.0% 3.1%
10 5.6% 6.2%

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 6,049 companies, not a prediction for VEBA. 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 of up to €130,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.37 (0.18 in 2024), below 1. Short-term debt is 25.5% and cash 9.2% of total assets. 26.1% of the assets are financed with debt and provisions.

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

Five signals.
lowers riskraises risk
lowers risk · Size: total assets €2.0m
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 · Figures for financial year 2025 (filed on 13-08-2026)
NBB · annual accounts
raises risk · No registered site in the KBO
KBO · seat and establishments
lowers risk · Equity €1.5m (73.9% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 12 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 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 filings
Deviation from the deadline
2025
12 days late
2024
29 days late
2023
29 days late
2022
29 days late
2021
31 days late
2020
27 days late
2019
61 days late
← 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 31 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 29 August (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
11-11-2026 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

Board and ownership

VP
Director, since 26-11-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0811583261
Appointments: VERPEUT Paul (statutory director) and VERPEUT Veerle Maria Johanna (successor statutory director) Legal-form conversion: from partnership limited by shares to public limited company · General meeting of 26-11-2021 · Gazette deed
Incorporation published on 15-05-2009 · Gazette deed
All 22 events

Comparable companies

same main activity, similar in size and age
Company
VEBA Grimbergen €2.0m €156,178 73.9% -
HODUCE Tienen €1.9m €140,197 76.4% -
N&J MANAGEMENT Ranst €2.1m €167,499 -8.2% 0
Q.A.P. Bilzen-Hoeselt €2.2m €155,153 4.0% -
TELESTO BC Hasselt €1.7m €160,902 56.7% 0
NANOFIRM Roeselare €2.1m €176,063 49.4% 0
HABOMA Namur €1.8m €131,035 -4.2% -

These companies have the same main activity as VEBA: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €1.7m and €2.2m, founded between 2006 and 2010.

Official details

Source: KBO
Status
Active since 07-05-2009Normal situation
Activity
Renting and operating of own or leased non-residential real estate, excluding landNACE 68203
Financial year end
31 December
Peppol
Reachable since 17-12-2025
Company details

Annual accounts 2025

€2.0m▲ 4.9%
Filing
Filed on 12-08-2026
Financials

Insights on VEBA

VEBA files the abbreviated format. That format states no turnover. The gross margin rose from €75,690 in 2010 to €156,178 in 2025.

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 VEBA

What is the company number of VEBA?
The company number of VEBA is 0811.583.261. The VAT number is the same number with BE in front: BE 0811.583.261.
Where is VEBA based?
The registered office is at Vinkenstraat 12, 1850 Grimbergen.Company details
What does VEBA do?
According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of VEBA?
VEBA is a public limited company (NV).
When was VEBA founded?
VEBA was founded on 07-05-2009.
Is VEBA still active?
Yes, VEBA is an active enterprise in the KBO register.
What is the turnover of VEBA?
The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €156,178 and 37 comparable companies (NACE 68203). It probably lies between €170,000 and €330,000.Financials
Is VEBA profitable?
In financial year 2025, VEBA made a profit of €11,462.
Where can I find the annual accounts of VEBA?
VEBA filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VEBA due?
VEBA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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