VEBUCO
ActiveSummary
VEBUCO has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show negative equity (-€699,745) and a net result of -€21,301. Equity is shrinking by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 565 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.3% (very low).
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Signals
This company filed its last 7 accounts on average 47 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2026, micro schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 6,621 companies that looked in July 2024 the way this one looks now, 4.5% 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
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% 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 6,621 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.
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €440 | €446 | €636 | €511 | €894 | ▲ 75.0% |
| Gross operating margin9900 | -€24,629 | -€23,468 | -€26,677 | -€27,833 | -€19,407 | ▲ 30.3% |
| Operating profit (loss)9901 | -€25,068 | -€23,914 | -€27,313 | -€28,344 | -€20,301 | ▲ 28.4% |
| Financial income75/76B | - | - | €1 | - | - | - |
| Recurring financial income75 | - | - | €1 | - | - | - |
| Financial charges65/66B | €3,162 | €1,387 | €1,009 | €866 | €1,000 | ▲ 15.5% |
| Recurring financial charges65 | €3,162 | €1,387 | €1,009 | €866 | €1,000 | ▲ 15.5% |
| Profit (loss) for the period before taxes9903 | -€28,230 | -€25,301 | -€28,321 | -€29,210 | -€21,301 | ▲ 27.1% |
| Profit (loss) for the period9904 | -€28,230 | -€25,301 | -€28,321 | -€29,210 | -€21,301 | ▲ 27.1% |
| Profit (loss) for the period to be appropriated9905 | -€28,230 | -€25,301 | -€28,321 | -€29,210 | -€21,301 | ▲ 27.1% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €16,954 | €16,889 | €17,166 | €19,919 | €20,077 | ▲ 0.8% |
| Fixed assets21/28 | €8,571 | €8,571 | €8,571 | €10,001 | €10,001 | = |
| Tangible fixed assets22/27 | - | - | - | €0 | - | - |
| Plant, machinery and equipment23 | - | - | - | €0 | - | - |
| Furniture and vehicles24 | - | - | - | €0 | - | - |
| Financial fixed assets28 | €8,571 | €8,571 | €8,571 | €10,001 | €10,001 | = |
| Current assets29/58 | €8,383 | €8,318 | €8,595 | €9,918 | €10,076 | ▲ 1.6% |
| Amounts receivable within one year40/41 | €7,656 | €7,260 | €7,857 | €8,541 | €9,754 | ▲ 14.2% |
| Trade receivables40 | - | - | - | €265 | - | - |
| Other amounts receivable41 | €7,656 | €7,260 | €7,857 | €8,276 | €9,754 | ▲ 17.9% |
| Deferred charges and accrued income490/1 | €727 | €1,057 | €739 | €1,376 | €322 | ▼ 76.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €16,954 | €16,889 | €17,166 | €19,919 | €20,077 | ▲ 0.8% |
| Equity10/15 | -€595,612 | -€620,913 | -€649,234 | -€678,444 | -€699,745 | ▼ 3.1% |
| Contributions10/11 | €90,000 | €90,000 | €90,000 | €90,000 | €90,000 | = |
| Profit (loss) carried forward14 | -€685,612 | -€710,913 | -€739,234 | -€768,444 | -€789,745 | ▼ 2.8% |
| Amounts payable17/49 | €612,566 | €637,802 | €666,401 | €698,363 | €719,822 | ▲ 3.1% |
| Amounts payable after more than one year17 | €580,000 | €600,000 | €630,000 | €660,000 | €702,000 | ▲ 6.4% |
| Financial debts170/4 | €580,000 | €600,000 | €630,000 | €660,000 | €702,000 | ▲ 6.4% |
| Amounts payable within one year42/48 | €31,841 | €37,077 | €35,676 | €37,638 | €17,822 | ▼ 52.6% |
| Financial debts43 | €3,238 | €5,206 | €5,192 | €5,179 | €5,023 | ▼ 3.0% |
| Credit institutions430/8 | €3,238 | €5,206 | €5,192 | €5,179 | €5,023 | ▼ 3.0% |
| Trade debts44 | €734 | €1,943 | €49 | €781 | €3,457 | ▲ 343% |
| Suppliers440/4 | €734 | €1,943 | €49 | €781 | €3,457 | ▲ 343% |
| Taxes, remuneration and social security45 | - | €3 | - | - | - | - |
| Taxes450/3 | - | €3 | - | - | - | - |
| Other amounts payable47/48 | €27,869 | €29,925 | €30,434 | €31,678 | €9,342 | ▼ 70.5% |
| Accrued charges and deferred income492/3 | €725 | €725 | €725 | €725 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€28,230 | -€25,301 | -€28,321 | -€29,210 | -€21,301 | ▲ 27.1% |
| Operating cash flow (approximation) | -€28,230 | -€25,301 | -€28,321 | -€29,210 | -€21,301 | ▲ 27.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€1,430 | €0 | ▲ 100% |
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
03-06
State Gazette act
Resignation: BROUX Daniel (director)Appointment: DE MEYER Napoléon (director) · Director discharge4 facts ▸
- General meeting, 31-07-2025
- Director resignation, BROUX Daniel (director)
- Director discharge, BROUX Daniel (director)
- Director appointment, DE MEYER Napoléon (director)
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Not every act has been read: a resignation may be missing here
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0111/00M002 | Flanders | 8,965 m² | 1 · 1,730 m² | 45.7 m · 14 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DE MEYER Napoléon |
|
| BROUX Daniel |
|
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-03-2026 list no shareholders, and no other source names one.
Holdings 2
-
100%
-
50%
According to the annual accounts to 31-03-2026 of VEBUCO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
Similar companies · same sector and region
Company details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.