VECA-SHIPPING
InactiveSignals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
15 d early
2023
2 d early
2022
3 d early
2021
5 d early
2020
8 d early
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 7 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€145,936▲ 7.5%
2024 · €135,761
Working capital
€585,516▼ 69.7%
2024 · €1.9m
Trend over the years
In euros
In euros
No line ticked in this group.
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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€2,708▼ 92.6%€8,168▲ 202%€23,340▲ 186%€117,612▲ 404%€139,151▲ 18.3%
Net result€5,541▼ 84.3%€13,883▲ 151%€42,674▲ 207%€135,761▲ 218%€145,936▲ 7.5%
Equity€1.8m▲ 0.3%€1.8m▲ 0.8%€1.8m▲ 2.4%€2.0m▲ 7.5%€2.1m▲ 7.5%
Total assets€3.1m▼ 4.8%€3.0m▼ 2.4%€2.7m▼ 11.0%€2.9m▲ 7.2%€4.0m▲ 41.5%
Debt€667,906▼ 20.2%€570,521▼ 14.6%€187,851▼ 67.1%€286,185▲ 52.3%€1.3m▲ 359%
Working capital€1.4m▲ 5.4%€1.5m▲ 8.2%€1.7m▲ 12.3%€1.9m▲ 11.2%€585,516▼ 69.7%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 18% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.0m
Fixed assets
€2.2m ▲ 235%
Current assets
€1.9m ▼ 14.7%
Equity and liabilities €4.0m
Equity
€2.1m ▲ 7.5%
Provisions
€635,390 ▲ 2.4%
Debt
€1.3m ▲ 359%
Debt's share of the balance-sheet total rises from 10.0% to 32.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€327,324▲
2024 · €306,286
Cash flow
€334,110▲
2024 · €324,436
Current ratio
1.45▼
2024 · 7.83
Debt to equity
0.63▲
2024 · 0.15
ROE
7.0%=
2024 · 7.0%
ROA
3.6%▼
2024 · 4.7%
Interest coverage
41.05▼
2024 · 66.97
Debt ≤ 1 year
€1.3m▲
2024 · €282,961
Income taxes
€4,300
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €2,273 | €33,541 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €223,087 | €223,398 | €220,530 | €188,674 | €188,173 | ▼ 0.3% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €9,000 | €9,000 | €9,000 | -€42,000 | €15,000 | ▲ 136% |
| Other operating charges640/8 | €1,896 | €1,296 | €1,414 | €2,164 | €887 | ▼ 59.0% |
| Non-recurring operating charges66A | - | - | - | -€6,571 | - | - |
| Gross operating margin9900 | €236,691 | €241,862 | €254,283 | €259,879 | €343,212 | ▲ 32.1% |
| Operating profit (loss)9901 | €2,708 | €8,168 | €23,340 | €117,612 | €139,151 | ▲ 18.3% |
| Financial income75/76B | €20,028 | €20,440 | €25,128 | €22,723 | €19,060 | ▼ 16.1% |
| Recurring financial income75 | €20,028 | €20,440 | €25,128 | €22,723 | €19,060 | ▼ 16.1% |
| Financial charges65/66B | €18,037 | €14,726 | €5,795 | €4,574 | €7,975 | ▲ 74.4% |
| Recurring financial charges65 | €18,037 | €14,726 | €5,795 | €4,574 | €7,975 | ▲ 74.4% |
| Profit (loss) for the period before taxes9903 | €4,700 | €13,883 | €42,674 | €135,761 | €150,236 | ▲ 10.7% |
| Transfer from deferred taxes780 | €1,317 | - | - | - | - | - |
| Income taxes67/77 | €475 | - | - | - | €4,300 | - |
| Profit (loss) for the period9904 | €5,541 | €13,883 | €42,674 | €135,761 | €145,936 | ▲ 7.5% |
| Transfer from tax-exempt reserves789 | €3,136 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €8,677 | €13,883 | €42,674 | €135,761 | €145,936 | ▲ 7.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.1m | €3.0m | €2.7m | €2.9m | €4.0m | ▲ 41.5% |
| Fixed assets21/28 | €1.2m | €946,787 | €742,813 | €643,762 | €2.2m | ▲ 235% |
| Tangible fixed assets22/27 | €1.1m | €916,787 | €712,813 | €613,762 | €2.1m | ▲ 246% |
| Furniture and vehicles24 | €1.1m | €916,787 | €712,813 | €613,762 | €2.1m | ▲ 246% |
| Financial fixed assets28 | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Current assets29/58 | €1.9m | €2.1m | €1.9m | €2.2m | €1.9m | ▼ 14.7% |
| Amounts receivable within one year40/41 | €1.4m | €1.8m | €1.6m | €1.8m | €1.7m | ▼ 8.5% |
| Trade receivables40 | €44,950 | €51,227 | €44,950 | €115,165 | €51,150 | ▼ 55.6% |
| Other amounts receivable41 | €1.3m | €1.8m | €1.6m | €1.7m | €1.6m | ▼ 5.3% |
| Current investments50/53 | - | - | - | - | €542 | - |
| Cash at bank and in hand54/58 | €494,999 | €245,123 | €274,132 | €380,038 | €210,648 | ▼ 44.6% |
| Deferred charges and accrued income490/1 | €35,789 | €3,965 | €1,297 | €1,675 | €673 | ▼ 59.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.1m | €3.0m | €2.7m | €2.9m | €4.0m | ▲ 41.5% |
| Equity10/15 | €1.8m | €1.8m | €1.8m | €2.0m | €2.1m | ▲ 7.5% |
| Contributions10/11 | €496,000 | €496,000 | €496,000 | €496,000 | €496,000 | = |
| Capital10 | €496,000 | €496,000 | €496,000 | €496,000 | €496,000 | = |
| Issued capital100 | €496,000 | €496,000 | €496,000 | €496,000 | €496,000 | = |
| Reserves13 | €1.5m | €1.5m | €1.5m | €1.5m | €1.6m | ▲ 6.8% |
| Non-distributable reserves130/1 | €1,837 | €1,837 | €1,837 | €1,837 | €1,837 | = |
| Legal reserve130 | €1,837 | €1,837 | €1,837 | €1,837 | €1,837 | = |
| Tax-exempt reserves132 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Distributable reserves133 | €28,197 | €28,197 | €28,197 | €28,197 | €130,874 | ▲ 364% |
| Profit (loss) carried forward14 | -€235,657 | -€221,774 | -€179,100 | -€43,259 | - | - |
| Provisions and deferred taxes16 | €644,390 | €653,390 | €662,390 | €620,390 | €635,390 | ▲ 2.4% |
| Provisions for liabilities and charges160/5 | €27,000 | €36,000 | €45,000 | €3,000 | €18,000 | ▲ 500% |
| Major repairs and maintenance162 | €27,000 | €36,000 | €45,000 | €3,000 | €18,000 | ▲ 500% |
| Deferred taxes168 | €617,390 | €617,390 | €617,390 | €617,390 | €617,390 | = |
| Amounts payable17/49 | €667,906 | €570,521 | €187,851 | €286,185 | €1.3m | ▲ 359% |
| Amounts payable after more than one year17 | €184,977 | €56,481 | - | - | - | - |
| Financial debts170/4 | €184,977 | €56,481 | - | - | - | - |
| Amounts payable within one year42/48 | €471,548 | €503,672 | €186,109 | €282,961 | €1.3m | ▲ 361% |
| Current portion of amounts payable after more than one year42 | €139,770 | €128,496 | €56,481 | - | - | - |
| Trade debts44 | €47,814 | €179,407 | €88,747 | €159,189 | €1.1m | ▲ 572% |
| Suppliers440/4 | €47,814 | €179,407 | €88,747 | €159,189 | €1.1m | ▲ 572% |
| Taxes, remuneration and social security45 | €475 | €475 | - | - | €4,300 | - |
| Taxes450/3 | €475 | €475 | - | - | €4,300 | - |
| Other amounts payable47/48 | €283,488 | €195,294 | €40,881 | €123,772 | €230,653 | ▲ 86.4% |
| Accrued charges and deferred income492/3 | €11,381 | €10,368 | €1,742 | €3,224 | €7,206 | ▲ 124% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,541 | €13,883 | €42,674 | €135,761 | €145,936 | ▲ 7.5% |
| + Depreciation and write-downs630 | €223,087 | €223,398 | €220,530 | €188,674 | €188,173 | ▼ 0.3% |
| Operating cash flow (approximation) | €228,629 | €237,281 | €263,204 | €324,436 | €334,110 | ▲ 3.0% |
| Investment in fixed assets (approximation) | - | €0 | -€16,556 | -€89,623 | -€1.7m | ▼ 1,797% |
| Change in cash | - | -€249,876 | €29,009 | €105,906 | -€169,390 | ▼ 260% |
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
17-09
State Gazette act
General meeting · MergerResignation: CARION Stefan (director)4 facts ▸
State Gazette act
General meeting · Merger
Resignation: CARION Stefan (director)4 facts ▸
- General meeting, 01-09-2026
- Merger, fusion by absorption, 26-06-2026
- Director resignation, CARION Stefan (director)
- Other statement, kwijting aan de bestuurder, algemene vergadering van de Overnemende Vennootschap
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
10-07
State Gazette act
Capital & shares · RestructuringMerger · Accounting effect · Capital35 facts ▸
State Gazette act
Capital & shares · Restructuring
Merger · Accounting effect · Capital35 facts ▸
- Merger, fusie door overneming, 3.08
- Merger, fusie door overneming, 22.86
- Accounting effect, 01-09-2026
- Accounting effect, 01-09-2026
- Other statement, kosten en verwezenlijking fusie, bestuursorganen verbinden zich alles te doen wat in hun macht ligt met oog op verwezenlijking fusie onder hierna gedefinieerde…
- Other statement, fiscaal en boekhoudkundig regime fusie, vrijstellingsregime
- Other statement, centralisatie activiteiten, bedrijfseconomische verantwoording fusie
- Capital, €1.090.000
- Shareholding, 6540, 4360
- Shareholding, 4360
- Incorporation, 05-02-1999
- Other statement, Ondernemingsrechtbank Antwerpen, inschrijving
- +23 further facts in this act
2025
31-12
Financial
Highest result since 2018net €145,936 ▲7.5%
Operating result €139,151, net result €145,936, both a record.
31-12
Financial
Equity above €2mEq €2.1m ▲7.5%
8 profitable years in a row build equity to €2.1m.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity triplescurrent ratio 10.34
Current ratio from 4.07 to 10.34; short-term debt falls from €503,672 to €186,109.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €5,541 ▼84.3%
Net result drops to €5,541, the lowest in the series.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Show earlier events
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 13 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 2 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2026
We have established no sitting directors for this company in the Gazette acts read. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Antwerpen
Ground area
898 m²
Building footprint
898 m²
Parcel 11051B0211/00Z006, Flanders. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11051B0211/00Z006 | Flanders | 898 m² | 1 · 898 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2026, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| CARION Stefan |
|
Articles of association
Annual meeting
“Zij is een naamloze vennootschap naar Belgisch recht met als benaming "VECA-SHIPPING". Het boekjaar van de NV VECA-SHIPPING begint op 1 januari om te eindigen op 31 december van het kalenderjaar. De gewone algemene vergadering vindt plaats telkens de 30ste dag van de maand juni om 18:00 uur. Indien…”
Full text
Zij is een naamloze vennootschap naar Belgisch recht met als benaming "VECA-SHIPPING". Het boekjaar van de NV VECA-SHIPPING begint op 1 januari om te eindigen op 31 december van het kalenderjaar. De gewone algemene vergadering vindt plaats telkens de 30ste dag van de maand juni om 18:00 uur. Indien deze dag een wettelijke feestdag is, wordt de vergadering gehouden op de eerstvolgende werkdag op hetzelfde uur. De vennootschap werd opgericht voor onbepaalde duur. De NV VECA-SHIPPING is ingeschreven in het rechtspersonenregister met ondernemingsnummer 0465.225.856 en is gekend op de Ondernemingsrechtbank te Antwerpen, afdeling Antwerpen.
Duration
Unlimited
Purpose
Alle soorten van goederenvervoer, zowel in het binnenland als het buitenland, op alle bevaarbare rivieren en kanalen; Het vervoeren voor rekening van derden, alle verrichtingen…
Full purpose (11 activities)
- Alle soorten van goederenvervoer, zowel in het binnenland als het buitenland, op alle bevaarbare rivieren en kanalen.
- Het vervoeren voor rekening van derden, alle verrichtingen dewelke betrekking hebben op vervoer te water of in combinatie met andere vervoermiddelen.
- Het verrichten voor derden van alle douane-, invoer- en uitvoerformaliteiten.
- Het opslaan en bewaren van goederen voor eigen vervoer of voor derden, zelfs optreden als tussenpersoon in de handel.
- Zij zal tevens binnenschepen kunnen bouwen, herstellen, uitbaten, aan- en verkopen.
- Het bevoorraden en bevrachten van schepen.
- De vennootschap mag ten allen tijde voor het verwezenlijken van haar voorwerp, zowel in België als in het buitenland optreden.
- De vennootschap mag alle roerende en onroerende goederen, materialen en benodigdheden, verwerven, huren of verhuren, vervaardigen, overdragen of ruilen, en in het algemeen, alle commerciële, industriële of financiële handelingen verrichten, welke rechtstreeks of onrechtstreeks in verband staan met haar voorwerp, met inbegrip van de onderaanneming in het algemeen, en de uitbating van alle intellectuele rechten en industriële of commerciële eigendommen die er betrekking op hebben.
- Zij mag alle roerende of onroerende goederen als investering verwerven, zelfs als deze noch rechtstreeks of onrechtstreeks verband houden met het voorwerp van de vennootschap.
- De vennootschap mag het bestuur waarnemen en toezicht en controle uitoefenen over alle verbonden vennootschappen, met dewelke één of andere band van deelneming bestaat en mag alle leningen, van gelijk welke vorm en voor gelijk welke duur, aan deze laatsten toestaan.
- Zij mag bij wijze van inbreng in speciën of in natura, van fusie, inschrijving, deelneming, financiële tussenkomst of op een andere wijze, een aandeel nemen in alle bestaande of op te richten vennootschappen of bedrijven, in België of in het buitenland, waarvan het voorwerp identiek, gelijkaardig of verwant is met het hare, of van aard is de uitoefening van haar voorwerp te bevorderen.
Accounting effect
01-09-2026
Power of attorney
3 provisions in the deed
Other statement
One provision in the deed
Structure & network
Owners and holdings
2 owners · 1 holdingOwners 2
-
1.03%
-
share not stated
Holdings 1
- Equity €925,688Result €242,59220%
According to the 2025 annual accounts of VECA-SHIPPING 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
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:STEVAS-SHIPPING
Capital and shareholders
Shareholders according to the acts
Stated in the act
act of 10-07-2026 ↗
- STEVAS-SHIPPING (BE 0474.455.902)
- Edel Trans Shipping (BE 0863.736.696)
- Stefan Carion
- Edmund Carion
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 10-07-2026 Capital stated in the act · 496,000 EUR · 2,521 shares
Recognitions · licences · registrations
Legal Entity Identifier
967600JSU1VO7D6M3B76