VEC TRANSPORT
ActiveSummary
VEC TRANSPORT has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €352,287 and a net result of €1,592. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 79% of 4709 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▲+26
Solvency95=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 2.79 against 2.88 in 2024; short-term debt: 29.9% and cash: 23.3% of total assets), and 30.1% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69.9%
Return on assets
0.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 15-01-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
24 d early
2023
7 d early
2022
21 d early
2021
8 d late
2020
1 d late
2019
16 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€1.2m
EBIT margin
5.5%
Net result
€1,592
2024 · -€38,623
Working capital
€269,292▼ 8.1%
2024 · €293,123
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€1.2m
Operating result-€16,126€67,747€111,052▲ 63.9%-€35,745-€2,893▲ 91.9%
Net result-€22,053below the sector's middle half€53,792within the sector's middle half€79,456within the sector's middle half▲ 47.7%-€38,623below the sector's middle half€1,592within the sector's middle half
EBIT margin5.5%
Equity€277,971within the sector's middle half▼ 7.6%€330,962within the sector's middle half▲ 19.1%€409,618within the sector's middle half▲ 23.8%€370,995within the sector's middle half▼ 9.4%€352,287above the sector's middle half▼ 5.0%
Total assets€616,042within the sector's middle half▼ 7.3%€655,180within the sector's middle half▲ 6.4%€631,871within the sector's middle half▼ 3.6%€526,926below the sector's middle half▼ 16.6%€504,130above the sector's middle half▼ 4.3%
Debt€338,072▼ 7.0%€324,218▼ 4.1%€222,253▼ 31.4%€155,931▼ 29.8%€151,843▼ 2.6%
Working capital€237,502within the sector's middle half▼ 5.0%€233,565within the sector's middle half▼ 1.7%€289,121within the sector's middle half▲ 23.8%€293,123within the sector's middle half▲ 1.4%€269,292above the sector's middle half▼ 8.1%
Solvency45.1%within the sector's middle half▼ 0.2pp50.5%within the sector's middle half▲ 5.4pp64.8%above the sector's middle half▲ 14.3pp70.4%above the sector's middle half▲ 5.6pp69.9%above the sector's middle half▼ 0.5pp
Current ratio1.89within the sector's middle half▼ 0.161.77within the sector's middle half▼ 0.132.30within the sector's middle half▲ 0.532.88above the sector's middle half▲ 0.582.79above the sector's middle half▼ 0.09
Return on assets (ROA)-3.6%below the sector's middle half▼ 3.9pp8.2%within the sector's middle half▲ 11.8pp12.6%above the sector's middle half▲ 4.4pp-7.3%below the sector's middle half▼ 19.9pp0.3%within the sector's middle half▲ 7.6pp
Staff (FTE)4.5below the sector's middle half▲ 7.1%6within the sector's middle half▲ 33.3%6.9within the sector's middle half▲ 15.0%5.4within the sector's middle half▼ 21.7%3.7▼ 31.5%
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,893 in 2025 against €35,745 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €504,130
Fixed assets
€84,165 ▲ 8.1%
Current assets
€419,964 ▼ 6.5%
Equity and liabilities €504,130
Equity
€352,287 ▼ 5.0%
Debt
€151,843 ▼ 2.6%
Debt's share of the balance-sheet total rises from 29.6% to 30.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€31,814▲
2024 · €14,413
Cash flow
€36,299▲
2024 · €11,536
Debt to equity
0.43▲
2024 · 0.42
ROE
0.5%▲
2024 · -10.4%
Interest coverage
6.78▲
2024 · 4.05
Debt ≤ 1 year
€150,673▼
2024 · €155,931
Income taxes
€0▼
2024 · €160
Staff costs
€211,831▲
2024 · €201,306
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 17,027 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €1.2m | - | - | - | - |
| Non-recurring operating income76A | - | €15,000 | €25,046 | €15,496 | €65 | ▼ 99.6% |
| Goods, raw materials, services and sundry goods60/61 | - | €762,121 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €291,501 | €341,862 | €201,306 | €211,831 | ▲ 5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €66,197 | €78,847 | €47,560 | €50,159 | €34,707 | ▼ 30.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €31,036 | - |
| Other operating charges640/8 | - | €89,433 | €90,556 | €56,636 | €73,699 | ▲ 30.1% |
| Non-recurring operating charges66A | - | - | - | €496 | €421 | ▼ 15.1% |
| Gross operating margin9900 | €354,518 | €527,529 | €591,030 | €272,851 | €348,801 | ▲ 27.8% |
| Operating profit (loss)9901 | -€16,126 | €67,747 | €111,052 | -€35,745 | -€2,893 | ▲ 91.9% |
| Financial income75/76B | - | €4,379 | €3,136 | €843 | €9,176 | ▲ 988% |
| Recurring financial income75 | €5,622 | €4,379 | €3,136 | €843 | €9,176 | ▲ 988% |
| Financial charges65/66B | - | €3,286 | €3,587 | €3,561 | €4,691 | ▲ 31.7% |
| Recurring financial charges65 | €4,520 | €3,286 | €3,587 | €3,561 | €4,691 | ▲ 31.7% |
| Profit (loss) for the period before taxes9903 | -€15,025 | €68,840 | €110,601 | -€38,463 | €1,592 | ▲ 104% |
| Income taxes67/77 | €7,028 | €15,048 | €31,146 | €160 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | -€22,053 | €53,792 | €79,456 | -€38,623 | €1,592 | ▲ 104% |
| Profit (loss) for the period to be appropriated9905 | €15,447 | €53,792 | €79,456 | -€38,623 | €1,592 | ▲ 104% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €616,042 | €655,180 | €631,871 | €526,926 | €504,130 | ▼ 4.3% |
| Fixed assets21/28 | €112,195 | €116,920 | €120,497 | €77,872 | €84,165 | ▲ 8.1% |
| Tangible fixed assets22/27 | €107,842 | €112,545 | €117,471 | €74,847 | €81,140 | ▲ 8.4% |
| Furniture and vehicles24 | - | €112,545 | €117,471 | €74,847 | €81,140 | ▲ 8.4% |
| Financial fixed assets28 | €4,354 | €4,376 | €3,026 | €3,026 | €3,026 | = |
| Current assets29/58 | €503,847 | €538,260 | €511,374 | €449,054 | €419,964 | ▼ 6.5% |
| Amounts receivable within one year40/41 | €317,379 | €349,068 | €254,559 | €265,730 | €292,888 | ▲ 10.2% |
| Trade receivables40 | - | €171,117 | €96,698 | €80,206 | €131,468 | ▲ 63.9% |
| Other amounts receivable41 | - | €177,950 | €157,860 | €185,524 | €161,420 | ▼ 13.0% |
| Current investments50/53 | €3,099 | €3,099 | €3,099 | €3,099 | €3,099 | = |
| Cash at bank and in hand54/58 | €177,328 | €179,141 | €247,520 | €173,746 | €117,348 | ▼ 32.5% |
| Deferred charges and accrued income490/1 | - | €6,953 | €6,198 | €6,479 | €6,629 | ▲ 2.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €616,042 | €655,180 | €631,871 | €526,926 | €504,130 | ▼ 4.3% |
| Equity10/15 | €277,971 | €330,962 | €409,618 | €370,995 | €352,287 | ▼ 5.0% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €259,379 | €312,370 | €391,026 | €349,253 | €328,953 | ▼ 5.8% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | €0 | ▼ 100% |
| Distributable reserves133 | - | €310,511 | €389,167 | €347,394 | €328,953 | ▼ 5.3% |
| Profit (loss) carried forward14 | - | - | - | €3,150 | €4,742 | ▲ 50.5% |
| Amounts payable17/49 | €338,072 | €324,218 | €222,253 | €155,931 | €151,843 | ▼ 2.6% |
| Amounts payable after more than one year17 | €71,571 | €19,523 | - | - | - | - |
| Financial debts170/4 | - | €19,523 | - | - | - | - |
| Amounts payable within one year42/48 | €266,345 | €304,695 | €222,253 | €155,931 | €150,673 | ▼ 3.4% |
| Current portion of amounts payable after more than one year42 | - | €64,884 | €21,841 | - | - | - |
| Financial debts43 | - | €50,880 | €37,033 | €36,546 | €0 | ▼ 100% |
| Credit institutions430/8 | - | €50,880 | €37,033 | €36,546 | €0 | ▼ 100% |
| Trade debts44 | €143,492 | €169,759 | €127,074 | €48,237 | €90,412 | ▲ 87.4% |
| Suppliers440/4 | - | €169,759 | €127,074 | €48,237 | €90,412 | ▲ 87.4% |
| Taxes, remuneration and social security45 | - | €18,372 | €35,504 | €70,896 | €24,280 | ▼ 65.8% |
| Taxes450/3 | - | - | - | €1,474 | €1,971 | ▲ 33.7% |
| Remuneration and social security454/9 | - | €18,372 | €35,504 | €69,422 | €22,309 | ▼ 67.9% |
| Other amounts payable47/48 | - | €800 | €800 | €253 | €35,981 | ▲ 14,143% |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,170 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€22,053 | €53,792 | €79,456 | -€38,623 | €1,592 | ▲ 104% |
| + Depreciation and write-downs630 | €66,197 | €78,847 | €47,560 | €50,159 | €34,707 | ▼ 30.8% |
| Operating cash flow (approximation) | €44,144 | €132,639 | €127,016 | €11,536 | €36,299 | ▲ 215% |
| Investment in fixed assets (approximation) | - | -€83,572 | -€51,137 | -€7,534 | -€41,000 | ▼ 444% |
| Change in cash | - | €1,812 | €68,379 | -€73,773 | -€56,398 | ▲ 23.6% |
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
Next filing, fiscal year 2026, expected by
2026
15-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Back to profitnet €1,592
Net result €1,592 after one loss-making year.
07-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Weakest financial yearnet -€38,623
Net result drops to -€38,623, the lowest in the series; recovery starts the following year.
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Highest result since 2019net €79,456 ▲47.7%
Operating result €111,052, net result €79,456, both a record.
10-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Back to profitnet €53,792
Net result €53,792 after one loss-making year.
08-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 8 days late
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 40 days late
2017
15-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 15 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Wommelgem · 2 establishment units since 1995
Ground area
7.9 ha
Building footprint
1.1 ha
Volume, LiDAR
384 m³
2 parcels, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
VEC TRANSPORT
since 19952.073.492.487
vec haven
since 20202.302.000.040
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11818C0050/00L002 | Flanders | 7.9 ha | 1 · 1.1 ha | - |
| 11052C0141/00P004 | Flanders | 132 m² | 1 · 72 m² | 6.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 1,028 EUR awarded · 1,028 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 59 EUR | 59 EUR |
| 2022 | 1 | 969 EUR | 969 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteWommelgem2.073.492.487
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ZOBYTRANS
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VERBOOMEN FR. EN ZONEN
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Of 12,584 companies in sector 49410 we hold annual accounts for 8,203. 5,656 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-07-1995
Fiscal year end30-06
Activities, NACEBEL 2025
49410Freight transport by road
Contact
E-mail
steve@vectransport.comAntwerpen
Phone
03/354.27.21Antwerpen
E-invoicing
Reachable via Peppol
Peppol ID
0208:0455530608
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.