VECA
ActiveSummary
The computed 12-month bankruptcy probability of VECA is 3.9% (moderate). The 2025 annual accounts show negative equity (-€26,706) and a net result of -€74,870. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 5% of 487 sector peers (NACE 88, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 14-06-2017 Normal situation
- Activity
- Day nurseries and crèches NACE 88911
- Joint committee
- 331 Paritair Comité voor de Vlaamse welzijns- en gezondheidssector · annual accounts 2025
- Establishment units
- 2.264.925.749 2530 Boechout, since 14-06-2017
- 2.302.304.403 2800 Mechelen, since 01-01-2020and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Board and ownership
Board
- Jelle VerlindenDirector · since 04-11-2022
- Stéphanie TysmansDirector · since 04-11-2022
Shareholders
- Kids of Tomorrow100%annual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.9%
Annual accounts 2025
- Gross margin
- €674,709
- ▲ 29.5%
- Turnover
- ≈ €790,000
- estimated
- Loss
- €74,870
- ▼ 37.5%
- Equity
- -€26,706
- Total assets
- €557,842
- ▼ 6.5%
- Employees on 31-12-2025
- 13
- ▲ 8.3%
- €10,761 of overdue tax debts on 31-12-2025
- €40,278 of overdue social security (RSZ) debts on 31-12-2025
- Negative equity on 31-12-2025
- 2025 accounts filed 26 days after the deadline
Score breakdownraises riskNegative equity -€26,706Loss of €74,870, the second in a row (financial year 2025)Liquidity: current ratio 0.50, cash €99, halvedlowers riskSector: Social work activities without accommodation (NACE 88)Show the evidence
Checked score
Score 2025
46
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 7% of small companies in social work without accommodation (NACE 88)
Financial strength · tick: 2024
Weak
Solvency
20-13
equity -4.8% of total assets
Liquidity
2-13
short-term debt 86.1% · cash 0.0%
Profitability
25+25
return on assets -13.4%
Bankruptcy probability within 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.4%
01-2025: 1.4%● unchanged vs 12-2024lowest value
02-2025: 1.6%▲ +0.2 percentage points vs 01-2025
03-2025: 1.6%● unchanged vs 02-2025
04-2025: 1.7%▲ +0.1 percentage points vs 03-2025
05-2025: 1.6%▼ -0.1 percentage points vs 04-2025
06-2025: 1.6%● unchanged vs 05-2025
07-2025: 1.7%▲ +0.1 percentage points vs 06-2025
08-2025: 2.1%▲ +0.4 percentage points vs 07-2025
09-2025: 2.1%● unchanged vs 08-2025
10-2025: 2.1%● unchanged vs 09-2025
11-2025: 2.1%● unchanged vs 10-2025
12-2025: 2.1%● unchanged vs 11-2025
01-2026: 2.1%● unchanged vs 12-2025
02-2026: 2.1%● unchanged vs 01-2026
03-2026: 2.1%● unchanged vs 02-2026
04-2026: 2.1%● unchanged vs 03-2026
05-2026: 2.0%▼ -0.1 percentage points vs 04-2026
06-2026: 1.9%▼ -0.1 percentage points vs 05-2026
07-2026: 2.1%▲ +0.2 percentage points vs 06-2026
08-2026: 2.7%▲ +0.6 percentage points vs 07-2026
09-2026: 3.9%▲ +1.2 percentage points vs 08-2026highest value
10-2026: 3.9%● unchanged vs 09-2026highest value
11-2026: 3.9%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.5 (0.54 in 2024), below 1. Short-term debt is 86.1% and cash 0% of total assets. Equity is negative.
Calculation
The band follows from the bankruptcy probability. 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 (NACE 88, small). It does better than 5% of them on solvency, 1% on liquidity, 20% on profitability and 2% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€26,706
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filingsDeviation from the deadline
2025
26 days late
2024
28 days early
2023
28 days late
2022
18 days early
2021
13 days early
2020
61 days late
2019
87 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 20 days after the deadline. In the sector (NACE 88), the median for financial year 2024 was 24 days before the deadline, and 25% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 July (4 of the last 5 accounts filed within 39 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 26 days after the deadline Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00449607.
Annual accounts 2025 filed on 26-08-2026 at the NBB all 8 filings
Turnover
≈ €790,000
Estimated: probably between €750,000 and €910,000
Total assets
€557,842▼ 6.5%
2024 · €596,814
Net result
-€74,870▲ 37.5%
2024 · -€119,882
Working capital
-€238,273▼ 30.2%
2024 · -€183,028
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a loss of €12,149, smaller than the loss of €102,364 in 2024.
Operating result-€12,149
2025
Net result-€74,870
2025
Total assets€557,842
2025
Equity-€26,706
2025
Debt€584,548
2025
Working capital-€238,273
2025
Return on assets (ROA)-13.4%
2025
Solvency-4.8%
2025
Current ratio0.50
2025
Staff (FTE)10.5
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Social work activities without accommodation (NACE 88). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€14,326-€36,039▲ 152%€10,772▼ 70.1%€132,302▲ 12×€190,340▲ 43.9%-€127,179-€102,364▲ 19.5%-€12,149▲ 88.1%
Net result€6,758-€20,427▲ 202%€2,512within the sector's middle half▼ 87.7%€87,509above the sector's middle half▲ 35×€179,558above the sector's middle half▲ 105%-€141,117below the sector's middle half-€119,882below the sector's middle half▲ 15.0%-€74,870below the sector's middle half▲ 37.5%
Equity€19,158-€39,585▲ 107%€42,097below the sector's middle half▲ 6.3%€129,606within the sector's middle half▲ 208%€309,164above the sector's middle half▲ 139%€168,047below the sector's middle half▼ 45.6%€48,165below the sector's middle half▼ 71.3%-€26,706below the sector's middle half
Total assets€82,483-€111,107▲ 34.7%€476,187below the sector's middle half▲ 329%€883,480above the sector's middle half▲ 85.5%€808,208above the sector's middle half▼ 8.5%€645,915below the sector's middle half▼ 20.1%€596,814below the sector's middle half▼ 7.6%€557,842below the sector's middle half▼ 6.5%
Debt€63,325-€71,521▲ 12.9%€434,090▲ 507%€753,874▲ 73.7%€499,044▼ 33.8%€477,868▼ 4.2%€548,649▲ 14.8%€584,548▲ 6.5%
Working capital-€36,528--€13,097▲ 64.1%-€56,619below the sector's middle half▼ 332%-€106,658below the sector's middle half▼ 88.4%€100,102within the sector's middle half-€89,103below the sector's middle half-€183,028below the sector's middle half▼ 105%-€238,273below the sector's middle half▼ 30.2%
Solvency23.2%-35.6%▲ 12.4pp8.8%below the sector's middle half▼ 26.8pp14.7%within the sector's middle half▲ 5.8pp38.3%within the sector's middle half▲ 23.6pp26.0%below the sector's middle half▼ 12.2pp8.1%below the sector's middle half▼ 17.9pp-4.8%below the sector's middle half▼ 12.9pp
Current ratio0.38-0.80▲ 0.420.76below the sector's middle half▼ 0.040.75below the sector's middle half▼ 0.011.43within the sector's middle half▲ 0.680.67below the sector's middle half▼ 0.760.54below the sector's middle half▼ 0.130.50below the sector's middle half▼ 0.03
Return on assets (ROA)8.2%-18.4%▲ 10.2pp0.5%within the sector's middle half▼ 17.9pp9.9%within the sector's middle half▲ 9.4pp22.2%above the sector's middle half▲ 12.3pp-21.8%below the sector's middle half▼ 44.1pp-20.1%below the sector's middle half▲ 1.8pp-13.4%below the sector's middle half▲ 6.7pp
Staff (FTE)3.7-6.7▲ 81.1%14.7below the sector's middle half▲ 119%18.7▲ 27.2%16.2▼ 13.4%10.5below the sector's middle half▼ 35.2%10.4below the sector's middle half▼ 1.0%10.5below the sector's middle half▲ 1.0%
above
within
below
The sector band is the middle half of the companies in Social work activities without accommodation (NACE 88). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €557,842
Fixed assets
€315,931 ▼ 17.8%
Current assets
€241,912 ▲ 13.9%
Equity and liabilities
Equity-€26,706
Debt€584,548
Equity is negative. Debt (€584,548) exceeds the balance-sheet total (€557,842).
Key figures and ratios
EBITDA
€56,326▲
2024 · -€10,081
Cash flow
-€6,395▲
2024 · -€27,598
Interest coverage
2.81▲
2024 · -0.49
Debt ≤ 1 year
€480,184▲
2024 · €395,436
Debt > 1 year
€80,552▼
2024 · €145,599
Income taxes
€47,704
Staff costs
€557,976▲
2024 · €519,970
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 19 | 10 | 10 | 12 | 13 |
| full-time | 13 | 9 | 8 | 6 | 6 |
| part-time | 6 | 1 | 2 | 6 | 7 |
| in full-time equivalents | 17.6 | 9.8 | 9.7 | 10.5 | 11.2 |
| Average over the year, in full-time equivalents | 18.7 | 16.2 | 10.5 | 10.4 | 10.5 |
| On a permanent contract | 18 | 9 | 10 | 11 | 11 |
| Joined | 16 | 12 | 6 | 6 | 6 |
| Left | 16 | 21 | 6 | 4 | 5 |
| Training hours | 5 | - | - | - | 0 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Overdue debts
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Overdue tax debts | - | - | - | €48,124 | €10,761 |
| Overdue social security (RSZ) debts | - | - | - | €75,146 | €40,278 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €96,433 | €223,648 | €51,133 | €12,955 | - |
| Intangible fixed assets | €25,000 | - | - | - | - |
| Financial fixed assets | €236,518 | - | - | - | €0 |
| Depreciation and write-downs of the year | €42,198 | €86,102 | €87,729 | €92,284 | €68,475 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2025 · 10 entries · €2.7m awarded · €2.7m paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 2 | €672,515 | €672,515 |
| 2024 | 3 | €626,887 | €626,887 |
| 2023 | 3 | €600,171 | €600,171 |
| 2022 | 2 | €778,879 | €778,879 |
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €12,837 | €162,500 | €68,687 | €12 | €27,478 | ▲ 2,265× |
| Remuneration, social security and pensions62 | - | - | - | €649,742 | €543,577 | €406,557 | €519,970 | €557,976 | ▲ 7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,469 | €17,762 | €29,003 | €42,198 | €86,102 | €87,729 | €92,284 | €68,475 | ▼ 25.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | €24,833 | €5,094 | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | - | €2,056 | €4,755 | €8,108 | €3,430 | €9,707 | ▲ 183% |
| Non-recurring operating charges66A | - | - | - | - | €4,743 | €20,906 | €2,430 | €50,701 | ▲ 21× |
| Gross operating margin9900 | €111,522 | €235,501 | €632,017 | €826,298 | €829,516 | €420,953 | €520,844 | €674,709 | ▲ 29.5% |
| Operating profit (loss)9901 | €14,326 | €36,039 | €10,772 | €132,302 | €190,340 | -€127,179 | -€102,364 | -€12,149 | ▲ 88.1% |
| Financial income75/76B | - | - | - | €2,122 | €1,687 | €1,832 | €2,868 | €5,030 | ▲ 75.4% |
| Recurring financial income75 | €17 | €341 | €51 | €2,122 | €1,687 | €1,832 | €2,868 | €5,030 | ▲ 75.4% |
| Financial charges65/66B | - | - | - | €11,625 | €16,637 | €15,770 | €20,386 | €20,048 | ▼ 1.7% |
| Recurring financial charges65 | €1,414 | €4,616 | €3,524 | €11,625 | €16,637 | €15,770 | €20,386 | €20,048 | ▼ 1.7% |
| Profit (loss) for the period before taxes9903 | €12,930 | €31,764 | €7,300 | €122,799 | €175,389 | -€141,117 | -€119,882 | -€27,167 | ▲ 77.3% |
| Income taxes67/77 | €6,172 | €11,337 | €4,788 | €35,290 | -€4,169 | €0 | - | €47,704 | - |
| Profit (loss) for the period9904 | €6,758 | €20,427 | €2,512 | €87,509 | €179,558 | -€141,117 | -€119,882 | -€74,870 | ▲ 37.5% |
| Profit (loss) for the period to be appropriated9905 | €6,758 | €20,427 | €2,512 | €87,509 | €179,558 | -€141,117 | -€119,882 | -€74,870 | ▲ 37.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €82,483 | €111,107 | €476,187 | €883,480 | €808,208 | €645,915 | €596,814 | €557,842 | ▼ 6.5% |
| Fixed assets21/28 | €60,439 | €59,973 | €299,270 | €562,560 | €477,606 | €463,735 | €384,406 | €315,931 | ▼ 17.8% |
| Intangible fixed assets21 | €54,900 | €48,800 | €233,500 | €228,905 | €179,504 | €169,306 | €139,506 | €109,706 | ▼ 21.4% |
| Tangible fixed assets22/27 | €739 | €1,779 | €56,376 | €87,742 | €274,691 | €271,017 | €221,488 | €182,813 | ▼ 17.5% |
| Land and buildings22 | - | - | - | €79,214 | €206,252 | €209,804 | €170,685 | €150,639 | ▼ 11.7% |
| Plant, machinery and equipment23 | - | - | - | - | €2,559 | €2,396 | €2,099 | €1,802 | ▼ 14.2% |
| Furniture and vehicles24 | - | - | - | €8,528 | €65,879 | €58,817 | €48,704 | €30,372 | ▼ 37.6% |
| Financial fixed assets28 | €4,800 | €9,394 | €9,394 | €245,912 | €23,412 | €23,412 | €23,412 | €23,412 | = |
| Current assets29/58 | €22,044 | €51,133 | €176,917 | €320,920 | €330,602 | €182,180 | €212,408 | €241,912 | ▲ 13.9% |
| Amounts receivable within one year40/41 | €14,032 | €41,579 | €156,347 | €221,797 | €147,284 | €179,472 | €157,896 | €174,191 | ▲ 10.3% |
| Trade receivables40 | - | - | - | €72,541 | €65,827 | €33,744 | €53,951 | €66,103 | ▲ 22.5% |
| Other amounts receivable41 | - | - | - | €149,257 | €81,458 | €145,727 | €103,945 | €108,089 | ▲ 4.0% |
| Current investments50/53 | €6,000 | €6,000 | €6,000 | €6,000 | €6,000 | €0 | - | - | - |
| Cash at bank and in hand54/58 | €472 | €3,071 | €4,839 | €19,934 | €173,612 | €1,721 | €1,343 | €99 | ▼ 92.6% |
| Deferred charges and accrued income490/1 | - | - | - | €73,188 | €3,706 | €987 | €53,169 | €67,621 | ▲ 27.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €82,483 | €111,107 | €476,187 | €883,480 | €808,208 | €645,915 | €596,814 | €557,842 | ▼ 6.5% |
| Equity10/15 | €19,158 | €39,585 | €42,097 | €129,606 | €309,164 | €168,047 | €48,165 | -€26,706 | - |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €338 | €20,765 | €20,765 | €108,274 | €108,274 | €108,274 | €108,274 | €108,274 | = |
| Non-distributable reserves130/1 | - | - | - | €2,381 | €2,381 | €2,381 | €2,381 | €2,381 | = |
| Reserves not available under the articles1311 | - | - | - | €2,381 | €2,381 | €2,381 | €2,381 | €2,381 | = |
| Distributable reserves133 | - | - | - | €105,893 | €105,893 | €105,893 | €105,893 | €105,893 | = |
| Profit (loss) carried forward14 | €6,420 | €6,420 | €8,932 | €8,932 | €188,490 | €47,373 | -€72,509 | -€147,380 | ▼ 103% |
| Amounts payable17/49 | €63,325 | €71,521 | €434,090 | €753,874 | €499,044 | €477,868 | €548,649 | €584,548 | ▲ 6.5% |
| Amounts payable after more than one year17 | €2,750 | €4,950 | €200,554 | €326,295 | €265,345 | €201,320 | €145,599 | €80,552 | ▼ 44.7% |
| Financial debts170/4 | - | - | - | €309,076 | €246,443 | €182,563 | €120,841 | €68,902 | ▼ 43.0% |
| Other amounts payable178/9 | - | - | - | €17,219 | €18,901 | €18,757 | €24,757 | €11,650 | ▼ 52.9% |
| Amounts payable within one year42/48 | €58,572 | €64,231 | €233,537 | €427,578 | €230,500 | €271,283 | €395,436 | €480,184 | ▲ 21.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €59,738 | €62,633 | €78,918 | €61,722 | €52,338 | ▼ 15.2% |
| Financial debts43 | - | - | - | €4,363 | - | €14,564 | €15,059 | €15,188 | ▲ 0.9% |
| Credit institutions430/8 | - | - | - | €4,363 | - | €14,564 | €15,059 | €15,188 | ▲ 0.9% |
| Trade debts44 | €11,540 | €26,359 | €82,651 | €196,282 | €33,933 | €68,332 | €12,692 | €11,613 | ▼ 8.5% |
| Suppliers440/4 | - | - | - | €196,282 | €33,933 | €68,332 | €12,692 | €11,613 | ▼ 8.5% |
| Taxes, remuneration and social security45 | - | - | - | €164,407 | €131,232 | €107,713 | €232,538 | €257,050 | ▲ 10.5% |
| Taxes450/3 | - | - | - | €41,338 | €30,988 | €7,440 | €48,124 | €70,061 | ▲ 45.6% |
| Remuneration and social security454/9 | - | - | - | €123,069 | €100,244 | €100,272 | €184,414 | €186,989 | ▲ 1.4% |
| Other amounts payable47/48 | - | - | - | €2,788 | €2,702 | €1,756 | €73,425 | €143,995 | ▲ 96.1% |
| Accrued charges and deferred income492/3 | - | - | - | - | €3,200 | €5,265 | €7,615 | €23,811 | ▲ 213% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,758 | €20,427 | €2,512 | €87,509 | €179,558 | -€141,117 | -€119,882 | -€74,870 | ▲ 37.5% |
| + Depreciation and write-downs630 | €6,469 | €17,762 | €29,003 | €42,198 | €86,102 | €87,729 | €92,284 | €68,475 | ▼ 25.8% |
| Operating cash flow (approximation) | €13,227 | €38,189 | €31,515 | €129,706 | €265,660 | -€53,388 | -€27,598 | -€6,395 | ▲ 76.8% |
| Investment in fixed assets (approximation) | - | -€17,296 | -€268,300 | -€305,487 | -€1,148 | -€73,858 | -€12,955 | €0 | - |
| Change in cash | - | €2,599 | €1,767 | €15,096 | €153,677 | -€171,890 | -€379 | -€1,244 | ▼ 229% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 562 companies had the same profile as VECA has now. Two years later, 7.1% had gone bankrupt and 86.8% were still going.
- Small
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.1%
went bankrupt
4.8%
stopped otherwise
86.8%
was still going
Another 1.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VECA itself: 3.9% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 562 companies, not a prediction for VECA. 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.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 26-08-2026 | 2026-00449607 | |
| 31-12-2024 | abbreviated format | 03-07-2025 | 2025-00238929 | |
| 31-12-2023 | abbreviated format | 28-08-2024 | 2024-00399006 | |
| 31-12-2022 | micro format | 13-07-2023 | 2023-00243219 | |
| 31-12-2021 | micro format | 18-07-2022 | 2022-20198021 | |
| 31-12-2020 | abbreviated format | 30-09-2021 | 2021-69200283 | |
| 31-12-2019 | micro format | 26-10-2020 | 2020-62800402 | |
| 31-12-2018 | micro format | 11-08-2020 | 2020-40200014 |
Board & ownership
Directors
Directors
2 directors, last change in 2022
Jelle Verlinden
Current
Director · since 04-11-2022 · term without a fixed end · listed in the 2025 annual accounts, filed on 26-08-2026
Stéphanie Tysmans
Current
Director · since 04-11-2022 · term without a fixed end · listed in the 2025 annual accounts, filed on 26-08-2026
Owners and capital
Shareholders
1 ownerChain of control
- Kids of Tomorrow
- VECA
Owners 1
- Kids of TomorrowparentEquity €115,842 Profit of €23,712 in 2025 (profit of €111,911 in 2024)100%
Capital transactions
Capital over time
- 29-12-2025 Converted to unavailable equity
Mandate history
3 people, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Jelle Verlinden |
|
| Stéphanie Tysmans |
|
| Floris Carron |
|
Network & group
Companies at the same address
5 other companiesConnections & network
2 current directorsThe network starts from the directors of VECA. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
26-08
abbreviated format · 26 days late
2025
29-12
Gazette deed
Amendment of the articles · Legal-form changeLegal-form conversion · Capital conversion · Capital8 points ▸
Gazette deed
Amendment of the articles · Legal-form change
Legal-form conversion · Capital conversion · Capital8 points ▸
- General meeting, “buitengewone algemene vergadering van de aandeelhouders” (deed in Dutch)
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital conversion, “opheffing, middelen beschikbaar voor uitkering” (deed in Dutch)
- Amendment of the articles
- Capital
- Director in office, Verlinden (director)
- Director in office, Tysmans (director)
- Power of attorney, Stephane Van Roosbroeck
03-07
abbreviated format · 28 days before the deadline
2024
28-08
abbreviated format · 28 days late
2023
31-12
Financial
Weakest financial yearnet -€141,117
The net result drops to -€141,117, the lowest from 2018 to 2025. It recovers the following year.
13-07
micro format · 18 days before the deadline
2022
31-12
Financial
Highest result from 2018 to 2025net €179,558 ▲105%
The operating result of €190,340 and the net result of €179,558 are both a record.
31-12
Financial
Equity above €200,000equity €309,164 ▲139%
With a profit in every financial year since 2018, equity grows to €309,164.
06-12
Gazette deed
Resignation: Floris Carron (director)Appointments: Jelle Verlinden (director) and Stéphanie Tysmans (director)4 points ▸
Gazette deed
Resignation: Floris Carron (director)
Appointments: Jelle Verlinden (director) and Stéphanie Tysmans (director)4 points ▸
- General meeting, 04-11-2022
- Director resignation, Floris Carron (director)
- Director appointment, Jelle Verlinden (director)
- Director appointment, Stéphanie Tysmans (director)
18-07
micro format · 13 days before the deadline
2021
31-12
Financial
Equity above €100,000equity €129,606 ▲208%
With a profit in every financial year since 2018, equity grows to €129,606.
30-09
abbreviated format · 61 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
VECA in Dutch
Enterprise number
0676.809.778
Legal form
Private limited company
Status
Active, normale toestand
Founded
14-06-2017
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 29-12-2025 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 29-12-2025 (in Dutch)Registered office and establishments
Registered office
IJzerlei 2, 2530 Boechout, Belgium
Establishment units
IJzerlei 2, 2530 Boechout since 14-06-2017 · unit number 2.264.925.749
Basiel & Babette, Leuvensesteenweg 254, 2800 Mechelen since 01-01-2020 · unit number 2.302.304.403
Luce & Lucien, Dorpstraat 14, 2520 Ranst since 01-04-2021 · unit number 2.352.640.671
Activities
NACEBEL 2025VAT activities
88911
Day nurseries and crèches main activity
Social security (RSZ) activities
88911
Day nurseries and crèches main activity
Codes under NACEBEL 2008
VAT activities
88911
Day nurseries and crèches main activity
Social security (RSZ) activities
88911
Day nurseries and crèches main activity
Joint committee
331 Paritair Comité voor de Vlaamse welzijns- en gezondheidssector annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 29-12-2025 (in Dutch)
“De organisatie van kinderopvang in de meest ruime zin van het woord; De inrichting en uitbating van kinderdagverblijven en crèches en/of de…”
8 activities
- De organisatie van kinderopvang in de meest ruime zin van het woord
- De inrichting en uitbating van kinderdagverblijven en crèches en/of de opvang van kinderen thuis als onthaalmoeders of door onthaalmoeders
- De reguliere, occasionele, naschoolse opvang van kinderen
- De vakantieopvang van (schoolgaande) kinderen
- Het inrichten en organiseren van opvang
- Het verlenen van opvoedingsondersteuning en opleidingsondersteuning
- Het verlenen van advies op zakelijk, organisatorisch, sociaal en financieel gebied, op het vlak van efficiëntie, milieu, toezicht, begeleiding, planning en educatieve begeleiding van kinderen, de kinderopvang en de organisatie van kinderopvang en alle mogelijke diensten en activiteiten in verband met het voorgaande
- Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het oordeelkundig beheer van roerend en onroerend patrimonium, zoals het bouwen, onderhouden en verwerven van opvanglokalen en alle mogelijke diensten en activiteiten in verband met het voorgaande
Invoicing and payment
VAT number
BE 0676.809.778
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of May at 19:00
deed of 29-12-2025 (in Dutch)Recognitions · licences · registrations
Food safety, FASFC
2 sitesMechelenunit number 2.302.304.403
Ranstunit number 2.352.640.671
Care and welfare
9 services · 2 liveBasiel & Babette
Luce & Lucien
Céril & Cezar
Frans & Francine
Show 5 more services
Gaston & Gaspard
Ivonne & Ivette
Ivonne & Ivette
Juul & Juliette
Stoffel
Environmental permits
2 applications in Flanders since 2019 · 1 granted
Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden
Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden
Source: Omgevingsloket Vlaanderen.
Sites & property
Location
Buildings and parcels at the addresses
Ground area
3,879 m²
Building footprint
1,669 m²
Building volume
610 m³
Tallest building: 14.7 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11015A0198/00A002 | Flanders | 2,277 m² | 1 · 883 m² | - |
| 11004D0405/00T002 | Flanders | 1,514 m² | 1 · 722 m² | 14.7 m |
| 12403D0290/00R000indicative | Flanders | 87 m² | 1 · 63 m² | 11.1 m · 3 |