Losses
-€10,246 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
VEC
Lifetime
3 annual accounts with figures on one time axispeak €23,689 (2023)
-€3,990▼ €9,975
lowest -€9,829 (2025)
-€9,829▼ €9,412
peak €18,049 (2023)
€7,804▼ 55.7%
€7,353▼ 44.4%
Board1 name since 2023
1 director
Documentsfilings and deeds
24-08-202624 days late
2025micro format
Gross margin from €5,985 to -€3,990Loss of €9,829Equity from €17,632 to €7,804Debts from €13,216 to €7,353Cash from €7,768 to €88
Key points
from the 2025 annual accountsLiquidity
0.49 was 1.10 in 2024
Short-term debts fell from €13,216 to €7,353.
Filings
3 annual accounts 2 late
The 2024 accounts came latest: 29 days after the end of the period.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,224 companies had the same profile as VEC has now. Each dot stands for 9 companies, two years later.
87.8%
were still trading
8.7%
stopped another way
3.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 3,224 companies, not a prediction for VEC. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0795533028
Incorporation
Founding capital of €4,000, 40 shares · Founder: · Appointment: (director) · published on 02-01-2023 · Gazette deed
First establishment
Nieuwstraat 3, Lo-Reninge
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VEC Lo-Reninge | €15,157 | -€3,990 | 51.5% | - |
| Fidan B Antwerp | €14,576 | -€1,072 | 94.4% | - |
| Panda International Belgium Brussels | €17,295 | -€17,526 | -55.4% | - |
| EB Pharma Developments Alken | €16,951 | -€1,127 | 31.3% | - |
| KJV Consult Lubbeek | €10,668 | -€39,365 | -707.9% | - |
| P-QUID Floreffe | €12,492 | -€742 | 92.3% | - |
| Fego Consulting Evergem | €16,536 | €1,218 | 21.4% | - |
These companies have the same main activity as VEC: other professional, scientific and technical activities (NACE 74999). They are comparable in size and age: total assets between €10,700 and €17,300, founded between 2021 and 2023.
Official details
Source: KBO- Status
- Active since 29-12-2022Normal situation
- Activity
- Other professional, scientific and technical activitiesNACE 74999and 1 other
- Establishment unit
- 2.340.263.1748647 Lo-Reninge, since 29-12-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 14-11-2025
Insights on VEC
VEC files the micro format. That format states no turnover. The gross margin fell from €23,689 in 2023 to -€3,990 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 VEC
- What is the company number of VEC?
- The company number of VEC is 0795.533.028. The VAT number is the same number with BE in front: BE 0795.533.028.
- Where is VEC based?
- The registered office is at Nieuwstraat 3, 8647 Lo-Reninge.Company details
- What does VEC do?
- According to the KBO register, the main activity is other professional, scientific and technical activities (NACE 74999).
- What is the legal form of VEC?
- VEC is a private limited company (BV).
- When was VEC founded?
- VEC was founded on 29-12-2022.
- Is VEC still active?
- Yes, VEC is an active enterprise in the KBO register.
- What is the turnover of VEC?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is VEC profitable?
- In financial year 2025, VEC made a loss of €9,829.
- Where can I find the annual accounts of VEC?
- VEC filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VEC due?
- VEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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