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VECA SOFTWARE

Active
Private limited companyfounded 199926 yrs activeBexstraat 16, 2018 Antwerpen, BelgiumKBO/BCE: BE 0466.935.531

VECA SOFTWARE has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €355k and a net result of €27k. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 47% of 1895 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
71 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▼-5
Solvency78▼-8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.13 against 0.2 in 2024; short-term debt: 39.7% and cash: 1.9% of total assets), and 47.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 26 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
52.9%
Return on assets
4.1%
Age of the figures
9 mo
neutral · Filed after the deadline
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
26 d late
2024
7 d late
2023
28 d early
2022
42 d early
2021
32 d early
2020
33 d early
2019
32 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€355k▲ 8.4%
2024 · €328k
2018: €189k 2019: €207k 2020: €227k 2021: €246k 2022: €269k 2023: €293k 2024: €328k
2018 → 2025
Total assets
€671k▲ 24.2%
2024 · €541k
2018: €418k 2019: €413k 2020: €406k 2021: €400k 2022: €392k 2023: €493k 2024: €541k
2018 → 2025
Net result
€27k▼ 37.0%
2024 · €44k
2018: €16k 2019: €19k 2020: €20k 2021: €19k 2022: €24k 2023: €24k 2024: €44k
2018 → 2025
Working capital
€-232k▼ 77.9%
2024 · €-130k
2018: €-14k 2019: €4k 2020: €10k 2021: €23k 2022: €23k 2023: €-80k 2024: €-130k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€246k-€269k▲ 9.6%€293k▲ 8.8%€328k▲ 11.8%€355k▲ 8.4%
Operating result€33k-€37k▲ 13.1%€39k▲ 6.2%€71k▲ 81.4%€49k▼ 30.5%
Net result€19k-€24k▲ 23.4%€24k▲ 0.7%€44k▲ 83.8%€27k▼ 37.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2021: €33k€33kNet result 2021: €19k€19kOperating result 2022: €37k€37kNet result 2022: €24k€24kOperating result 2023: €39k€39kNet result 2023: €24k€24kOperating result 2024: €71k€71kNet result 2024: €44k€44kOperating result 2025: €49k€49kNet result 2025: €27k€27k20212022202320242025
The operating result falls in 2025; 2025 is 30% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €671k
Fixed assets €637k▲ 25.4%
Current assets €34k▲ 5.7%
Equity and liabilities €671k
Equity €355k▲ 8.4%
Debt €316k▲ 48.6%
The debt ratio rises from 39.4% to 47.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€73k
2024 · €89k
Cash flow
€51k
2024 · €62k
Solvency
52.9%
2024 · 60.6%
Current ratio
0.13
2024 · 0.20
Quick ratio
0.13
2024 · 0.20
Debt / equity
0.89
2024 · 0.65
ROE
7.7%
2024 · 13.3%
ROA
4.1%
2024 · 8.1%
Interest coverage
5.16
2024 · 5.19
Debt
€316k
2024 · €213k
Debt ≤ 1 year
€266k
2024 · €163k
Debt > 1 year
€50k=
2024 · €50k
Income taxes
€8k
2024 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€541k€671k
Fixed assets21/28€508k€637k
Tangible fixed assets22/27€508k€637k
Land and buildings22€397k€392k
Furniture and vehicles24€584€1k
Assets under construction and advance payments27€111k€244k
Current assets29/58€33k€34k
Amounts receivable within one year40/41€23k€22k
Trade receivables40€23k€22k
Cash at bank and in hand54/58€10k€13k
Equity and liabilities
Total equity and liabilities10/49€541k€671k
Equity10/15€328k€355k
Contributions10/11€65k€65k=
Reserves13€263k€290k
Distributable reserves133€263k€290k
Profit (loss) carried forward14-€0
Amounts payable17/49€213k€316k
Amounts payable after more than one year17€50k€50k=
Financial debts170/4€50k€50k=
Amounts payable within one year42/48€163k€266k
Financial debts43€114k€209k
Credit institutions430/8€114k€209k
Trade debts44€2k€3k
Suppliers440/4€2k€3k
Taxes, remuneration and social security45€12k€7k
Taxes450/3€11k€5k
Remuneration and social security454/9€1k€2k
Other amounts payable47/48€34k€48k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€24k
Other operating charges640/8€2k€2k
Gross operating margin9900€91k€75k
Operating profit (loss)9901€71k€49k
Financial income75/76B€270€85
Recurring financial income75€270€85
Financial charges65/66B€17k€14k
Recurring financial charges65€17k€14k
Profit (loss) for the period before taxes9903€54k€35k
Income taxes67/77€10k€8k
Profit (loss) for the period9904€44k€27k
Profit (loss) for the period to be appropriated9905€44k€27k
Appropriation of the result
Profit (loss) to be appropriated9906€44k€27k
Transfer to equity691/2€35k€27k
To other reserves6921€35k€27k
Profit to be distributed694/7€9k€0
Directors or managers695€9k€0

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
26-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
07-08
State Gazette act Registered office
General meeting · Registered-office move2 facts ▸
  • General meeting, 22 juli 2026
  • Registered-office move, Bexstraat 16 bus 1, 2018 Antwerpen
2025
07-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2024
31-12
Financial Highest result since 2018net €44k ▲83.8%
Operating result €71k, net result €44k, both a record.
03-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Equity above €200kEq €207k ▲9.8%
2 profitable years in a row build equity to €207k.
17-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
19-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1999
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Bexstraat 162018 Antwerpen
Ground area
4,504 m²
Building footprint
681 m²
Parcel 11806F2749/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
Bexstraat 16, 2018 Antwerpen
NACE 3001001
since 19992.092.546.455
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11806F2749/00A000
ProtectedMonumentStadsparkSource ↗
Flanders 4,504 m² 1 · 681 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Similar companies · same sector, comparable size

Of 2,729 companies in sector 63100 we hold annual accounts for 1,273. 882 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded28-09-1999
Fiscal year end31-12
Activities, NACEBEL
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
72300
46496Wholesale trade
51476
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
Enterprise
E-mail:gvh@vecasoftware.com
Enterprise