VEC IMMO
ActiveSummary
VEC IMMO has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€104,933) and a net result of €9,769. Equity is shrinking by about 20% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Equity
- -€104,933
- Profit
- €9,769
Why 55raises riskCapped at 59: negative equityNegative equity -€104,933No registered site in the KBOlowers riskSize: total assets €938,048No main activity registeredShow the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 12% on solvency, 47% on liquidity, 46% on profitability and 66% on growth.
The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 95 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €9,769
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
The operating result returns to profit in 2025: €21,407 after a loss of €4,552 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 522 companies that looked in July 2024 the way this one looks now, 3.8% went bankrupt within 24 months and 93.7% are still going.
- Small
- 10 to 20 years old
- negative equity
- a profit under 5% of the balance sheet
A further 0.8% 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 497,445 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% | 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 522 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 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Turnover70 | €82,533 | - | - | - | - | - | - |
| Non-recurring operating income76A | - | - | - | - | - | €260 | - |
| Goods, raw materials, services and sundry goods60/61 | €21,633 | - | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €48,404 | €51,032 | €65,079 | €62,696 | €59,409 | €46,800 | ▼ 21.2% |
| Other operating charges640/8 | - | €6,916 | €11,344 | €25,145 | €12,463 | €12,600 | ▲ 1.1% |
| Gross operating margin9900 | €60,900 | €65,886 | €71,031 | €71,513 | €67,320 | €80,807 | ▲ 20.0% |
| Operating profit (loss)9901 | €12,497 | €7,938 | -€5,392 | -€16,329 | -€4,552 | €21,407 | - |
| Financial income75/76B | - | - | - | €26 | €18 | €65 | ▲ 269% |
| Recurring financial income75 | - | - | - | €26 | €18 | €65 | ▲ 269% |
| Financial charges65/66B | €11,940 | €14,752 | €14,254 | €13,332 | €12,378 | €11,703 | ▼ 5.5% |
| Recurring financial charges65 | €11,940 | €14,752 | €14,254 | €13,332 | €12,378 | €11,703 | ▼ 5.5% |
| Profit (loss) for the period before taxes9903 | €556 | -€6,815 | -€19,646 | -€29,634 | -€16,912 | €9,769 | - |
| Income taxes67/77 | €14 | - | - | - | - | - | - |
| Profit (loss) for the period9904 | €543 | -€6,815 | -€19,646 | -€29,634 | -€16,912 | €9,769 | - |
| Profit (loss) for the period to be appropriated9905 | €543 | -€6,815 | -€19,646 | -€29,634 | -€16,912 | €9,769 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €1.2m | €1.2m | €1.1m | €1.0m | €1.0m | €0.9m | ▼ 3.4% |
| Fixed assets21/28 | €1.2m | €1.2m | €1.1m | €1.0m | €1.0m | €0.9m | ▼ 4.9% |
| Tangible fixed assets22/27 | €1.2m | €1.2m | €1.1m | €1.0m | €1.0m | €0.9m | ▼ 4.9% |
| Land and buildings22 | €1.2m | €1.2m | €1.1m | €1.0m | €1.0m | €0.9m | ▼ 4.7% |
| Furniture and vehicles24 | - | - | €0.001m | €0.005m | €0.003m | €0.001m | ▼ 49.6% |
| Current assets29/58 | €0.03m | €0.01m | €0.01m | €0.01m | €0.01m | €0.02m | ▲ 128% |
| Amounts receivable within one year40/41 | €0 | - | - | €8 | €13 | €0.001m | ▲ 49× |
| Trade receivables40 | - | - | - | - | - | €0.001m | - |
| Other amounts receivable41 | - | - | - | €8 | €13 | €33 | ▲ 148% |
| Cash at bank and in hand54/58 | €0.03m | €0.01m | €0.01m | €0.01m | €0.008m | €0.02m | ▲ 167% |
| Deferred charges and accrued income490/1 | - | - | €376 | €0.002m | €0.003m | €0.002m | ▼ 12.5% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €1.2m | €1.2m | €1.1m | €1.0m | €1.0m | €0.9m | ▼ 3.4% |
| Equity10/15 | -€0.04m | -€0.05m | -€0.07m | -€0.1m | -€0.1m | -€0.1m | ▲ 8.5% |
| Contributions10/11 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Capital10 | €0.01m | €0.01m | - | - | - | - | - |
| Issued capital100 | €0.02m | €0.02m | - | - | - | - | - |
| Uncalled capital101 | €0.006m | €0.006m | - | - | - | - | - |
| Profit (loss) carried forward14 | -€0.05m | -€0.06m | -€0.08m | -€0.1m | -€0.1m | -€0.1m | ▲ 7.7% |
| Amounts payable17/49 | €1.2m | €1.2m | €1.2m | €1.1m | €1.1m | €1.0m | ▼ 3.9% |
| Amounts payable after more than one year17 | €1.2m | €1.2m | €1.1m | €1.1m | €1.0m | €1.0m | ▼ 4.1% |
| Financial debts170/4 | €0.9m | €0.8m | €0.7m | €0.7m | €0.6m | €0.6m | ▼ 7.2% |
| Other amounts payable178/9 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 0.9% |
| Amounts payable within one year42/48 | €56 | €0.006m | €0.06m | €0.05m | €0.05m | €0.05m | ▼ 1.3% |
| Current portion of amounts payable after more than one year42 | - | - | €0.04m | €0.04m | €0.05m | €0.05m | ▲ 1.8% |
| Trade debts44 | €56 | €0.006m | €0.01m | €0.001m | €0.002m | - | - |
| Suppliers440/4 | €56 | €0.006m | €0.01m | €0.001m | €0.002m | - | - |
| Other amounts payable47/48 | - | - | - | - | €188 | €0.001m | ▲ 237% |
| Accrued charges and deferred income492/3 | - | - | - | €48 | - | €0.001m | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €543 | -€6,815 | -€19,646 | -€29,634 | -€16,912 | €9,769 | - |
| + Depreciation and write-downs630 | €48,404 | €51,032 | €65,079 | €62,696 | €59,409 | €46,800 | ▼ 21.2% |
| Operating cash flow (approximation) | €48,946 | €44,217 | €45,433 | €33,062 | €42,497 | €56,569 | ▲ 33.1% |
| Investment in fixed assets (approximation) | - | -€39,305 | -€7,961 | €17,575 | €0 | €0 | - |
| Change in cash | - | -€17,426 | -€2 | -€955 | -€1,616 | €13,535 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 24-06-2026 | 2026-00193581 |
| 31-12-2024 | micro format | 17-06-2025 | 2025-00145529 |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00430894 |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00427431 |
| 31-12-2021 | micro format | 12-06-2023 | 2023-00126888 |
| 31-12-2020 | full format | 21-10-2022 | 2022-20470819 |
| 31-12-2019 | full format | 11-05-2020 | 2020-11800208 |
| 31-12-2018 | full format | 24-06-2019 | 2019-25900039 |
| 31-12-2017 | full format | 27-06-2018 | 2018-24500211 |
| 31-12-2016 | full format | 29-06-2017 | 2017-23800152 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Coralie DE BLEZER |
|
Owners and capital
Capital and shareholders
- Coralie DE BLEZER 100 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 02-04-2024 Converted to unavailable equity
- 02-04-2024 Converted to available equity · €12,400
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
02-04
Gazette deed
Resignation: Coralie DE BLEZER (manager)Appointment: Coralie DE BLEZER (director) · Amendment of the articles · Capital conversion11 facts ▸
- General meeting, 27-03-2024
- Amendment of the articles (2 times)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Capital conversion, “fonds disponibles pour distribution” (deed in French)
- Capital
- Director resignation, Coralie DE BLEZER (manager)
- Director appointment, Coralie DE BLEZER (director (not named in the articles))
- Director discharge, Coralie DE BLEZER
- Registered-office move, 6120 HAM SUR HEURE NALINNES,la Vaucelle,6
- Shareholding, 100
- Power of attorney, CAROLINE COUNET
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 56034A0161/00V005 | Wallonia | 1,016 m² | 1 · 135 m² | 7.5 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Achat,vente,échange d'immeubles,constitution ou cession de droits réels immobiliers,mise en location et/ou prise en location de tous biens…” (deed in French)
6 activities (deed in French)
- Achat,vente,échange d'immeubles,constitution ou cession de droits réels immobiliers,mise en location et/ou prise en location de tous biens immeubles et droits réels immobiliers
- Construction,rénovation,transformation ou démolition d'un bien immobilier
- Acheter,vendre,donner ou prendre en location tous biens bâtis ou non,conférer ou accepter tous droits réels ou personnels portant sur ces biens,les diviser par lots,accomplir toutes opérations de promotion en matière immobilière
- Réaliser toutes opérations d'achat,de vente,de mise en location ou de prise en location,de bail emphytéotique,quelle que soit la nature des droits réels et personnels faisant l'objet de ces accords
- Acquérir,donner ou prendre en leasing,donner ou prendre en location,disposer ou échanger tout droit réel ou personnel,matériel ou équipement
- Mener toutes les études,conclure les financements et réaliser toutes les opérations de démolition,de construction,de rénovation et de mise en valeur des biens immobiliers qu'elle développe,à l'exclusion toutefois de toute coopération de courtage qui nécessiterait un accès à la profession d'agent immobilier
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- VEC IMMO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, par simple décision de l’organe d’administration,sièges administratifs,agences,ateliers,dépôts et succursales,en Belgique…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Personnes physiques ou morales actionnaires ou non, un ou plusieurs” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, usufruitier et nu-propriétaire inscrits séparément avec droits respectifs” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement au nombre d'actions, écrit par pli recommandé” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission de nouvelles actions, courrier électronique,ou courrier ordinaire même jour si pas d’adresse électronique” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Décision de assemblée générale délibérant dans formes prévues pour modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment que ce soit, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)