VEBO
ActiveSummary
VEBO has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€60,569) and a net result of -€17,385. Equity is shrinking by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 10% of 4711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.23 against 0.09 in 2024; short-term debt: 275.6% and cash: 12% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-175.6%
Return on assets
-50.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€60,569
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
1 d late
2023
26 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 26 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€60,569▼ 40.3%
2024 · -€43,184
Total assets
€34,494▲ 73.0%
2024 · €19,939
Net result
-€17,385▼ 51.3%
2024 · -€11,487
Working capital
-€72,731▼ 26.4%
2024 · -€57,557
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€1,775▲ 83.3%€456€817▲ 79.3%-€10,851-€17,282▼ 59.3%
Net result-€2,394within the sector's middle half▲ 79.3%-€129within the sector's middle half▲ 94.6%€199within the sector's middle half-€11,487below the sector's middle half-€17,385below the sector's middle half▼ 51.3%
Equity-€31,768below the sector's middle half▼ 8.1%-€31,896below the sector's middle half▼ 0.4%-€31,697below the sector's middle half▲ 0.6%-€43,184below the sector's middle half▼ 36.2%-€60,569below the sector's middle half▼ 40.3%
Total assets€11,988below the sector's middle half▲ 8.6%€13,176below the sector's middle half▲ 9.9%€19,425below the sector's middle half▲ 47.4%€19,939below the sector's middle half▲ 2.6%€34,494within the sector's middle half▲ 73.0%
Debt€43,756▲ 8.3%€45,072▲ 3.0%€51,122▲ 13.4%€63,123▲ 23.5%€95,063▲ 50.6%
Working capital-€39,895below the sector's middle half▼ 2.9%-€40,992below the sector's middle half▼ 2.7%-€46,251below the sector's middle half▼ 12.8%-€57,557below the sector's middle half▼ 24.4%-€72,731below the sector's middle half▼ 26.4%
Solvency-265.0%below the sector's middle half▲ 1.0pp-242.1%below the sector's middle half▲ 22.9pp-163.2%below the sector's middle half▲ 78.9pp-216.6%below the sector's middle half▼ 53.4pp-175.6%below the sector's middle half▲ 41.0pp
Current ratio0.09below the sector's middle half▲ 0.050.09below the sector's middle half=0.10below the sector's middle half=0.09below the sector's middle half▼ 0.010.23below the sector's middle half▲ 0.15
Return on assets (ROA)-20.0%below the sector's middle half▲ 84.7pp-1.0%within the sector's middle half▲ 19.0pp1.0%within the sector's middle half▲ 2.0pp-57.6%below the sector's middle half▼ 58.6pp-50.4%below the sector's middle half▲ 7.2pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €17,282 in 2025 against €10,851 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34,494
Fixed assets
€12,162 ▼ 15.4%
Current assets
€22,332 ▲ 301%
Key figures and ratios
EBITDA
-€15,071▼
2024 · -€8,687
Cash flow
-€15,174▼
2024 · -€9,323
Debt to equity
-1.57▼
2024 · -1.46
Interest coverage
-146.31▼
2024 · -13.65
Debt ≤ 1 year
€95,063▲
2024 · €63,123
Staff costs
€7,148▼
2024 · €11,842
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,639 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
9.8%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,639 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €10,180 | €10,818 | €12,466 | €11,842 | €7,148 | ▼ 39.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,287 | €129 | €1,227 | €2,164 | €2,211 | ▲ 2.2% |
| Other operating charges640/8 | €3,510 | €2,378 | €2,633 | €939 | €3,362 | ▲ 258% |
| Gross operating margin9900 | €13,202 | €13,780 | €17,143 | €4,095 | -€4,561 | ▼ 211% |
| Operating profit (loss)9901 | -€1,775 | €456 | €817 | -€10,851 | -€17,282 | ▼ 59.3% |
| Financial charges65/66B | €619 | €585 | €618 | €636 | €103 | ▼ 83.8% |
| Recurring financial charges65 | €619 | €585 | €618 | €636 | €103 | ▼ 83.8% |
| Profit (loss) for the period before taxes9903 | -€2,394 | -€129 | €199 | -€11,487 | -€17,385 | ▼ 51.3% |
| Profit (loss) for the period9904 | -€2,394 | -€129 | €199 | -€11,487 | -€17,385 | ▼ 51.3% |
| Profit (loss) for the period to be appropriated9905 | -€2,394 | -€129 | €199 | -€11,487 | -€17,385 | ▼ 51.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €11,988 | €13,176 | €19,425 | €19,939 | €34,494 | ▲ 73.0% |
| Fixed assets21/28 | €8,128 | €9,095 | €14,554 | €14,373 | €12,162 | ▼ 15.4% |
| Tangible fixed assets22/27 | €8,128 | €9,095 | €14,554 | €14,373 | €12,162 | ▼ 15.4% |
| Land and buildings22 | €8,128 | €8,128 | €8,128 | €8,128 | €8,128 | = |
| Plant, machinery and equipment23 | - | €968 | €748 | €529 | €310 | ▼ 41.4% |
| Furniture and vehicles24 | - | - | - | €1,375 | €721 | ▼ 47.6% |
| Other tangible fixed assets26 | - | - | €5,678 | €4,341 | €3,004 | ▼ 30.8% |
| Current assets29/58 | €3,861 | €4,080 | €4,871 | €5,567 | €22,332 | ▲ 301% |
| Amounts receivable within one year40/41 | €3,444 | €3,786 | €4,052 | €5,539 | €18,186 | ▲ 228% |
| Trade receivables40 | €3,444 | €3,786 | €4,052 | €5,539 | €18,064 | ▲ 226% |
| Other amounts receivable41 | - | - | - | - | €122 | - |
| Cash at bank and in hand54/58 | €416 | - | €522 | €28 | €4,146 | ▲ 14,629% |
| Deferred charges and accrued income490/1 | - | €294 | €296 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €11,988 | €13,176 | €19,425 | €19,939 | €34,494 | ▲ 73.0% |
| Equity10/15 | -€31,768 | -€31,896 | -€31,697 | -€43,184 | -€60,569 | ▼ 40.3% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €9,987 | €9,987 | €9,987 | €9,987 | €9,987 | = |
| Non-distributable reserves130/1 | €9,987 | €9,987 | €9,987 | €9,987 | €9,987 | = |
| Reserves not available under the articles1311 | €9,987 | €9,987 | €9,987 | €9,987 | €9,987 | = |
| Profit (loss) carried forward14 | -€60,346 | -€60,475 | -€60,276 | -€71,763 | -€89,148 | ▼ 24.2% |
| Amounts payable17/49 | €43,756 | €45,072 | €51,122 | €63,123 | €95,063 | ▲ 50.6% |
| Amounts payable within one year42/48 | €43,756 | €45,072 | €51,122 | €63,123 | €95,063 | ▲ 50.6% |
| Current portion of amounts payable after more than one year42 | - | €3,250 | - | - | - | - |
| Financial debts43 | €2,494 | - | €4,658 | €4,616 | - | - |
| Credit institutions430/8 | €2,494 | - | €4,658 | €4,616 | - | - |
| Trade debts44 | €8,255 | €10,786 | €9,642 | €15,908 | €25,074 | ▲ 57.6% |
| Suppliers440/4 | €8,255 | €10,786 | €9,642 | €15,908 | €25,074 | ▲ 57.6% |
| Taxes, remuneration and social security45 | €23,971 | €22,859 | €26,469 | €33,662 | €38,385 | ▲ 14.0% |
| Taxes450/3 | €770 | €958 | €1,155 | €290 | €1,073 | ▲ 270% |
| Remuneration and social security454/9 | €23,201 | €21,901 | €25,314 | €33,373 | €37,312 | ▲ 11.8% |
| Other amounts payable47/48 | €9,036 | €8,177 | €10,353 | €8,937 | €31,605 | ▲ 254% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,394 | -€129 | €199 | -€11,487 | -€17,385 | ▼ 51.3% |
| + Depreciation and write-downs630 | €1,287 | €129 | €1,227 | €2,164 | €2,211 | ▲ 2.2% |
| Operating cash flow (approximation) | -€1,107 | -€0 | €1,426 | -€9,323 | -€15,174 | ▼ 62.8% |
| Investment in fixed assets (approximation) | - | -€1,096 | -€6,685 | -€1,983 | €0 | ▲ 100% |
| Change in cash | - | - | - | -€494 | €4,118 | ▲ 934% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet -€17,385
Net result drops to -€17,385, the lowest in the series.
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Back to profitnet €199
Net result €199 after 5 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1986
Ground area
119 m²
Building footprint
117 m²
Volume, LiDAR
868 m³
Parcel 21818A0265/00M002, Brussels · tallest building 14.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
De Wandstraat 36, 1020 Brussel
since 19862.034.496.806
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21818A0265/00M002 | Brussels | 119 m² | 1 · 117 m² | 14.8 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector and region
A&P SERVICES
BE 0675.706.849
Schaarbeek
ACLOT SHOP
BE 0419.219.548
Nivelles
ANDA
BE 0422.916.931
Anderlecht
ATA GROUP
BE 0713.771.728
Machelen (Brab.)
BBS Concept
BE 0735.482.011
Schaarbeek
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 430 companies in sector 96101 we hold annual accounts for 254. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded16-09-1986
Fiscal year end31-12
Activities, NACEBEL 2025
96101Personal service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0429484227
Also
9925:BE0429484227
Registered
13-05-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.