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VEBOTEC

Active
Private limited companyfounded 2011active for 15 yearsMaasstraat 49, 2300 Turnhout, BelgiumKBO/BCE: BE 0836.320.637

From the official registers: KBO 13 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

VEBOTEC has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44,448 and a net result of €6,187. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 59% of 1,547 sector peers (NACE 81, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (29 days) Filed on 29 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00452199.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
29-08-2026
Format
abbreviated format
Reference
2026-00452199
Turnover
≈ €170,000
Estimated: probably between €130,000 and €310,000
Total assets
€90,405▼ 24.0%
2024 · €118,919
Net result
€6,187▲ 243%
2024 · €1,803
Working capital
€42,003▲ 36.2%
2024 · €30,851
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 22% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€10,989 2025 Net result€6,187 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 81, Services to buildings and landscape activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€989-€9,455€7,165▼ 24.2%€28,065▲ 292%€42,353▲ 50.9%-€13,197€8,976€10,989▲ 22.4%
Net result-€7,090--€391▲ 94.5%-€52below the sector's middle half▲ 86.6%€15,760within the sector's middle half€26,165above the sector's middle half▲ 66.0%-€19,594below the sector's middle half€1,803within the sector's middle half€6,187within the sector's middle half▲ 243%
Equity€14,570-€14,179▼ 2.7%€14,127within the sector's middle half▼ 0.4%€29,887within the sector's middle half▲ 112%€56,051within the sector's middle half▲ 87.5%€36,458within the sector's middle half▼ 35.0%€38,261within the sector's middle half▲ 4.9%€44,448below the sector's middle half▲ 16.2%
Total assets€95,161-€97,751▲ 2.7%€90,775within the sector's middle half▼ 7.1%€58,463below the sector's middle half▼ 35.6%€160,276within the sector's middle half▲ 174%€165,448within the sector's middle half▲ 3.2%€118,919within the sector's middle half▼ 28.1%€90,405below the sector's middle half▼ 24.0%
Debt€80,591-€83,572▲ 3.7%€76,649▼ 8.3%€28,577▼ 62.7%€104,225▲ 265%€128,990▲ 23.8%€80,658▼ 37.5%€45,958▼ 43.0%
Working capital-€6,893--€5,053▲ 26.7%€1,951within the sector's middle half€12,034within the sector's middle half▲ 517%€16,964within the sector's middle half▲ 41.0%€23,236within the sector's middle half▲ 37.0%€30,851within the sector's middle half▲ 32.8%€42,003within the sector's middle half▲ 36.2%
Solvency15.3%-14.5%▼ 0.8pp15.6%below the sector's middle half▲ 1.1pp51.1%within the sector's middle half▲ 35.6pp35.0%within the sector's middle half▼ 16.1pp22.0%within the sector's middle half▼ 12.9pp32.2%within the sector's middle half▲ 10.1pp49.2%within the sector's middle half▲ 17.0pp
Current ratio0.91-0.94▲ 0.021.03within the sector's middle half▲ 0.091.44within the sector's middle half▲ 0.411.38within the sector's middle half▼ 0.071.40within the sector's middle half▲ 0.031.82within the sector's middle half▲ 0.422.68within the sector's middle half▲ 0.86
Return on assets (ROA)-7.5%--0.4%▲ 7.1pp-0.1%below the sector's middle half▲ 0.3pp27.0%above the sector's middle half▲ 27.0pp16.3%within the sector's middle half▼ 10.6pp-11.8%below the sector's middle half▼ 28.2pp1.5%within the sector's middle half▲ 13.4pp6.8%within the sector's middle half▲ 5.3pp
Staff (FTE)0.8-0.4▼ 50.0%0.7below the sector's middle half▲ 75.0%1.1▲ 57.1%11below the sector's middle half=
above within below the middle half of NACE 81, Services to buildings and landscape activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €90,405
Fixed assets €23,346 ▼ 53.7%
Current assets €67,059 ▼ 2.1%
Equity and liabilities €90,405
Equity €44,448 ▲ 16.2%
Debt €45,958 ▼ 43.0%
Debt's share of the balance-sheet total falls from 67.8% to 50.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€34,383▼
2024 · €36,583
Cash flow
€29,581▲
2024 · €29,410
Quick ratio
2.24▲
2024 · 1.21
Debt to equity
1.03▼
2024 · 2.11
ROE
13.9%▲
2024 · 4.7%
Interest coverage
7.06▲
2024 · 4.89
Debt ≤ 1 year
€25,056▼
2024 · €37,679
Debt > 1 year
€20,902▼
2024 · €42,978
Income taxes
€1,092▼
2024 · €1,629
Staff costs
€20,666▼
2024 · €23,245
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,693 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% still going

For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 34,693 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 29-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€118,919€90,405▼
Fixed assets21/28€50,389€23,346▼
Tangible fixed assets22/27€50,389€23,346▼
Plant, machinery and equipment23€2,949€855▼
Furniture and vehicles24€47,440€22,491▼
Current assets29/58€68,530€67,059▼
Stocks and contracts in progress3€23,117€11,050▼
Stocks30/36€23,117€11,050▼
Amounts receivable within one year40/41€42,863€39,275▼
Trade receivables40€3,438€5,530▲
Other amounts receivable41€39,424€33,745▼
Cash at bank and in hand54/58€2,550€16,734▲
Equity and liabilities
Total equity and liabilities10/49€118,919€90,405▼
Equity10/15€38,261€44,448▲
Contributions10/11€6,200€6,200=
Contributions outside capital11€6,200€6,200=
Other1109/19€6,200€6,200=
Reserves13€45,324€51,510▲
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€43,464€49,650▲
Profit (loss) carried forward14-€13,263-€13,263=
Amounts payable17/49€80,658€45,958▼
Amounts payable after more than one year17€42,978€20,902▼
Financial debts170/4€42,978€20,902▼
Amounts payable within one year42/48€37,679€25,056▼
Current portion of amounts payable after more than one year42€22,215€20,670▼
Financial debts43€10,609-
Credit institutions430/8€10,609-
Trade debts44€2,684€1,665▼
Suppliers440/4€2,684€1,665▼
Taxes, remuneration and social security45€2,172€2,721▲
Taxes450/3€324€1,288▲
Remuneration and social security454/9€1,847€1,433▼
Income statement Code20242025
Remuneration, social security and pensions62€23,245€20,666▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27,607€23,394▼
Other operating charges640/8€7,360€5,509▼
Gross operating margin9900€67,188€60,558▼
Operating profit (loss)9901€8,976€10,989▲
Financial income75/76B€1,939€1,157▼
Recurring financial income75€1,939€1,157▼
Financial charges65/66B€7,483€4,867▼
Recurring financial charges65€7,483€4,867▼
Profit (loss) for the period before taxes9903€3,432€7,279▲
Income taxes67/77€1,629€1,092▼
Profit (loss) for the period9904€1,803€6,187▲
Profit (loss) for the period to be appropriated9905€1,803€6,187▲
Appropriation of the result
Profit (loss) to be appropriated9906-€13,263-€7,076▲
Profit (loss) brought forward from the previous period14P-€15,066-€13,263▲
Transfer to equity691/2-€6,187
To other reserves6921-€6,187

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€41,377€41,655€54,065€23,245€20,666▼ 11.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,214€14,221€6,597€7,464€27,342€28,586€27,607€23,394▼ 15.3%
Other operating charges640/8---€2,059€4,212€15,754€7,360€5,509▼ 25.1%
Gross operating margin9900€34,059€39,875€49,670€78,965€115,562€85,208€67,188€60,558▼ 9.9%
Operating profit (loss)9901-€989€9,455€7,165€28,065€42,353-€13,197€8,976€10,989▲ 22.4%
Financial income75/76B---€18€671€1,881€1,939€1,157▼ 40.3%
Recurring financial income75€847€52-€18€671€1,881€1,939€1,157▼ 40.3%
Financial charges65/66B---€3,747€3,135€7,995€7,483€4,867▼ 35.0%
Recurring financial charges65€4,640€6,594€4,163€3,747€3,135€7,995€7,483€4,867▼ 35.0%
Profit (loss) for the period before taxes9903-€4,782€2,913€3,001€24,336€39,889-€19,312€3,432€7,279▲ 112%
Income taxes67/77€2,309€3,304€3,054€8,576€13,724€282€1,629€1,092▼ 33.0%
Profit (loss) for the period9904-€7,090-€391-€52€15,760€26,165-€19,594€1,803€6,187▲ 243%
Profit (loss) for the period to be appropriated9905-€7,090-€391-€52€15,760€26,165-€19,594€1,803€6,187▲ 243%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€95,161€97,751€90,775€58,463€160,276€165,448€118,919€90,405▼ 24.0%
Fixed assets21/28€21,464€23,474€15,353€19,123€98,138€84,634€50,389€23,346▼ 53.7%
Tangible fixed assets22/27€21,464€23,474€15,353€19,123€98,138€84,634€50,389€23,346▼ 53.7%
Plant, machinery and equipment23---€7,945€8,323€5,355€2,949€855▼ 71.0%
Furniture and vehicles24---€11,178€89,815€79,279€47,440€22,491▼ 52.6%
Current assets29/58€73,697€74,277€75,422€39,340€62,139€80,814€68,530€67,059▼ 2.1%
Stocks and contracts in progress3€6,670€8,194€9,975--€22,664€23,117€11,050▼ 52.2%
Stocks30/36-----€22,664€23,117€11,050▼ 52.2%
Amounts receivable within one year40/41€65,430€66,062€64,087€39,086€24,005€57,741€42,863€39,275▼ 8.4%
Trade receivables40---€4,510€10,952€5,740€3,438€5,530▲ 60.8%
Other amounts receivable41---€34,576€13,053€52,001€39,424€33,745▼ 14.4%
Cash at bank and in hand54/58€1,598€20€1,360€254€38,134€409€2,550€16,734▲ 556%
Equity and liabilities
Total equity and liabilities10/49€95,161€97,751€90,775€58,463€160,276€165,448€118,919€90,405▼ 24.0%
Equity10/15€14,570€14,179€14,127€29,887€56,051€36,458€38,261€44,448▲ 16.2%
Contributions10/11€6,200€6,200€6,200€6,200€6,200€6,200€6,200€6,200=
Contributions outside capital11---€6,200€6,200€6,200€6,200€6,200=
Other1109/19---€6,200€6,200€6,200€6,200€6,200=
Reserves13€3,399€3,399€3,399€19,159€45,324€45,324€45,324€51,510▲ 13.7%
Non-distributable reserves130/1---€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311---€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133---€17,299€43,464€43,464€43,464€49,650▲ 14.2%
Profit (loss) carried forward14€4,971€4,580€4,528€4,528€4,528-€15,066-€13,263-€13,263=
Amounts payable17/49€80,591€83,572€76,649€28,577€104,225€128,990€80,658€45,958▼ 43.0%
Amounts payable after more than one year17-€4,242€3,178€1,271€59,050€71,412€42,978€20,902▼ 51.4%
Financial debts170/4---€1,271€59,050€71,412€42,978€20,902▼ 51.4%
Amounts payable within one year42/48€80,591€79,330€73,471€27,306€45,175€57,578€37,679€25,056▼ 33.5%
Current portion of amounts payable after more than one year42---€4,879€14,347€29,048€22,215€20,670▼ 7.0%
Financial debts43------€10,609--
Credit institutions430/8------€10,609--
Trade debts44€35,629€43,798€36,095€3,486€8,759€3,773€2,684€1,665▼ 38.0%
Suppliers440/4---€3,486€8,759€3,773€2,684€1,665▼ 38.0%
Taxes, remuneration and social security45---€18,941€22,069€24,757€2,172€2,721▲ 25.3%
Taxes450/3---€11,072€14,536€17,002€324€1,288▲ 297%
Remuneration and social security454/9---€7,869€7,533€7,755€1,847€1,433▼ 22.4%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€7,090-€391-€52€15,760€26,165-€19,594€1,803€6,187▲ 243%
+ Depreciation and write-downs630€10,214€14,221€6,597€7,464€27,342€28,586€27,607€23,394▼ 15.3%
Operating cash flow (approximation)€3,124€13,829€6,545€23,224€53,507€8,992€29,410€29,581▲ 0.6%
Investment in fixed assets (approximation)--€16,231€1,524-€11,234-€106,357-€15,082€6,639€3,649▼ 45.0%
Change in cash--€1,577€1,339-€1,106€37,880-€37,725€2,141€14,184▲ 562%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 13 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 29-08-2026 2026-00452199 NBB
31-12-2024 micro format 05-07-2025 2025-00234428 PDF
31-12-2023 micro format 28-08-2024 2024-00388610 PDF
31-12-2022 micro format 31-07-2023 2023-00298501 PDF
31-12-2021 micro format 28-08-2022 2022-20342080 PDF
31-12-2020 micro format 17-11-2021 2021-77600250 PDF
31-12-2019 micro format 11-11-2020 2020-70200539 PDF
31-12-2018 micro format 04-02-2020 2020-04300308 PDF
31-12-2017 micro format 06-10-2018 2018-68800397 PDF
31-12-2016 micro format 07-10-2017 2017-66800250 PDF

Show all 13 filings

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