VEBRECON
ActiveVEBRECON has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74k and a net result of €-19k. Equity is growing by ~6% per year across the filed fiscal years. Its solvency ranks better than 52% of 31523 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
70
/ 100
Healthy▼ -16 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-36
Solvency96▼-2
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.91 against 2.18 in 2024), and 41.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
58.1%
Return on assets
-15%
Age of the figures
8 mo
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 09-06-2026, 52 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
52 d early
2024
56 d early
2023
1 d early
2022
60 d early
2021
61 d early
2020
12 d early
2019
35 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€74k▼ 20.5%
2024 · €93k
2018: €24k
2019: €68k
2020: €84k
2021: €95k
2022: €77k
2023: €86k
2024: €93k
2018 → 2025
Total assets
€127k▼ 18.0%
2024 · €154k
2018: €54k
2019: €105k
2020: €175k
2021: €117k
2022: €146k
2023: €189k
2024: €154k
2018 → 2025
Net result
€-19k
2024 · €7k
2018: €17k
2019: €36k
2020: €16k
2021: €10k
2022: €30k
2023: €14k
2024: €7k
2018 → 2025
Working capital
€26k▼ 44.2%
2024 · €46k
2018: €-19k
2019: €43k
2020: €67k
2021: €66k
2022: €55k
2023: €32k
2024: €46k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€95k-€77k▼ 18.4%€86k▲ 11.0%€93k▲ 7.8%€74k▼ 20.5%
Operating result€14k-€41k▲ 185%€7k▼ 83.5%€11k▲ 57.3%€-17k
Net result€10k-€30k▲ 188%€14k▼ 51.9%€7k▼ 53.0%€-19k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €17k after €11k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €127k
Fixed assets
€73k▲ 4.5%
Current assets
€54k▼ 36.5%
Equity and liabilities €127k
Equity
€74k▼ 20.5%
Debt
€53k▼ 14.3%
The debt ratio rises from 40.1% to 41.9%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€10k▼
2024 · €35k
Cash flow
€8k▼
2024 · €31k
Solvency
58.1%▼
2024 · 59.9%
Current ratio
1.91▼
2024 · 2.18
Quick ratio
1.42▼
2024 · 1.43
Debt / equity
0.72▲
2024 · 0.67
ROE
-25.8%▼
2024 · 7.2%
ROA
-15.0%▼
2024 · 4.3%
Interest coverage
6.66▼
2024 · 17.91
Debt
€53k▼
2024 · €62k
Debt ≤ 1 year
€28k▼
2024 · €39k
Debt > 1 year
€25k▲
2024 · €23k
Income taxes
€232▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€154k€127k▼
Fixed assets21/28€70k€73k▲
Tangible fixed assets22/27€70k€73k▲
Plant, machinery and equipment23€3k€29k▲
Furniture and vehicles24€67k€44k▼
Current assets29/58€85k€54k▼
Stocks and contracts in progress3€29k€14k▼
Stocks30/36€29k€14k▼
Amounts receivable within one year40/41€29k€20k▼
Trade receivables40€23k€18k▼
Other amounts receivable41€7k€2k▼
Cash at bank and in hand54/58€20k€12k▼
Deferred charges and accrued income490/1€6k€9k▲
Equity and liabilities
Total equity and liabilities10/49€154k€127k▼
Equity10/15€93k€74k▼
Contributions10/11€19k€19k=
Reserves13€74k€55k▼
Distributable reserves133€74k€55k▼
Profit (loss) carried forward14€0-
Amounts payable17/49€62k€53k▼
Amounts payable after more than one year17€23k€25k▲
Financial debts170/4€23k€25k▲
Amounts payable within one year42/48€39k€28k▼
Current portion of amounts payable after more than one year42€10k€13k▲
Trade debts44€1k€6k▲
Suppliers440/4€1k€6k▲
Taxes, remuneration and social security45€444€2k▲
Taxes450/3€444€2k▲
Other amounts payable47/48€27k€7k▼
Accrued charges and deferred income492/3-€10
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€27k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8€577€593▲
Gross operating margin9900€36k€13k▼
Operating profit (loss)9901€11k€-17k▼
Financial income75/76B€178€129▼
Recurring financial income75€178€129▼
Non-recurring financial income76B€0-
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€9k€-19k▼
Income taxes67/77€2k€232▼
Profit (loss) for the period9904€7k€-19k▼
Profit (loss) for the period to be appropriated9905€7k€-19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€-19k▼
Transfer from equity791/2-€19k
Transfer to equity691/2€7k€0▼
To other reserves6921€7k€0▼
Profit to be distributed694/7€0-
Directors or managers695€0-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-19k ▼384%
Net result drops to €-19k, the lowest in the series.
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 4.04
Current ratio from 1.74 to 4.04; short-term debt falls from €91k to €22k.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €36k ▲105%
Operating result €46k, net result €36k, both a record.
31-12
Financial
Liquidity times 6current ratio 2.15
Current ratio from 0.38 to 2.15.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Wingene · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Willemstraat 38750 WingeneGround area
2,719 m²
Building footprint
62 m²
Volume, LiDAR
211 m³
Parcel 37019A0235/00V000, Flanders · tallest building 4.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Willemstraat 3, 8750 Wingene
since 20172.272.334.965
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37019A0235/00V000 | Flanders | 2,719 m² | 1 · 62 m² | 4.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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, comparable size
INNOV8 CONSULTING
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HenK Consulting
BE 0799.316.820
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GABECO COMMUNICATION
BE 0654.899.557
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Solutions4Quality
BE 0553.846.541
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LUSP
BE 1015.700.262
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,396. 39,716 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-12-2017
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.