VECHRI
ActiveSummary
VECHRI has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7k and a net result of €4k. Equity is shrinking by ~17.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 28% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability88▲+88
Solvency52▲+19
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Three 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% 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
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 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
7 d early
2023
5 d early
2022
1 d early
2021
3 d early
2020
2 d early
2019
7 d early
← before the deadline
after the deadline →
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 close25-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Hiring this company for building work? Recognition, activities and what to check first.Contractor check Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Financials · fiscal year 2025, micro schema
Equity
€7k▲ 126%
2024 · €3k
Total assets
€27k▼ 36.2%
2024 · €43k
Net result
€4k
2024 · €-46k
Working capital
€5k
2024 · €-1k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€4k▼ 70.4%€-11k€30k€-45k€5k
Net result€1k▼ 83.9%€-12k€22k€-46k€4k
Equity€40k▲ 3.6%€28k▼ 29.8%€50k▲ 78.6%€3k▼ 93.4%€7k▲ 126%
Total assets€63k▼ 13.4%€55k▼ 12.3%€79k▲ 43.3%€43k▼ 45.7%€27k▼ 36.2%
Debt€23k▼ 32.2%€27k▲ 17.5%€29k▲ 7.4%€40k▲ 34.7%€20k▼ 49.7%
Working capital€35k▲ 6.3%€24k▼ 31.4%€47k▲ 96.4%€-1k€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €5k after a loss of €45k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27k
Fixed assets
€3k ▼ 37.5%
Current assets
€24k ▼ 36.1%
Equity and liabilities €27k
Equity
€7k ▲ 126%
Debt
€20k ▼ 49.7%
Debt's share of the balance-sheet total falls from 92.3% to 72.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€7k▲
2024 · €-44k
Cash flow
€6k▲
2024 · €-45k
Current ratio
1.23▲
2024 · 0.97
Quick ratio
1.09▲
2024 · 0.80
Debt to equity
2.67▼
2024 · 12.02
ROE
55.8%
ROA
15.2%▲
2024 · -108.1%
Interest coverage
26.75▲
2024 · -106.41
Debt ≤ 1 year
€20k▼
2024 · €40k
Income taxes
€790▲
2024 · €726
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €1k | €1k | €2k | €2k | ▲ 1.4% |
| Other operating charges640/8 | - | €2k | €2k | €1k | €2k | ▲ 16.3% |
| Non-recurring operating charges66A | - | - | €344 | €30 | - | - |
| Gross operating margin9900 | €9k | €-8k | €34k | €-42k | €8k | ▲ 120% |
| Operating profit (loss)9901 | €4k | €-11k | €30k | €-45k | €5k | ▲ 111% |
| Financial income75/76B | - | €236 | €40 | €224 | €46 | ▼ 79.6% |
| Recurring financial income75 | €655 | €236 | €40 | €224 | €46 | ▼ 79.6% |
| Financial charges65/66B | - | €261 | €572 | €411 | €257 | ▼ 37.4% |
| Recurring financial charges65 | €128 | €261 | €572 | €411 | €257 | ▼ 37.4% |
| Profit (loss) for the period before taxes9903 | €5k | €-11k | €30k | €-46k | €5k | ▲ 111% |
| Income taxes67/77 | €3k | €750 | €8k | €726 | €790 | ▲ 8.8% |
| Profit (loss) for the period9904 | €1k | €-12k | €22k | €-46k | €4k | ▲ 109% |
| Profit (loss) for the period to be appropriated9905 | €1k | €-12k | €22k | €-46k | €4k | ▲ 109% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €63k | €55k | €79k | €43k | €27k | ▼ 36.2% |
| Fixed assets21/28 | €4k | €4k | €4k | €5k | €3k | ▼ 37.5% |
| Tangible fixed assets22/27 | €4k | €4k | €4k | €5k | €3k | ▼ 37.5% |
| Plant, machinery and equipment23 | - | €3k | €3k | €3k | €2k | ▼ 41.3% |
| Furniture and vehicles24 | - | €775 | €541 | €2k | €1k | ▼ 31.1% |
| Current assets29/58 | €58k | €51k | €75k | €38k | €24k | ▼ 36.1% |
| Stocks and contracts in progress3 | €7k | €5k | €5k | €6k | €3k | ▼ 55.6% |
| Stocks30/36 | - | €5k | €5k | €6k | €3k | ▼ 55.6% |
| Amounts receivable within one year40/41 | €47k | €39k | €54k | €30k | €18k | ▼ 40.2% |
| Trade receivables40 | - | €2k | €15k | €576 | €5k | ▲ 813% |
| Other amounts receivable41 | - | €37k | €39k | €29k | €12k | ▼ 57.2% |
| Cash at bank and in hand54/58 | €2k | €5k | €14k | €344 | €2k | ▲ 425% |
| Deferred charges and accrued income490/1 | - | €3k | €2k | €2k | €2k | ▲ 8.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €63k | €55k | €79k | €43k | €27k | ▼ 36.2% |
| Equity10/15 | €40k | €28k | €50k | €3k | €7k | ▲ 126% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €21k | €9k | €31k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €7k | €29k | - | - | - |
| Profit (loss) carried forward14 | - | - | - | €-17k | €-13k | ▲ 24.2% |
| Amounts payable17/49 | €23k | €27k | €29k | €40k | €20k | ▼ 49.7% |
| Amounts payable after more than one year17 | - | - | €2k | - | - | - |
| Financial debts170/4 | - | - | €2k | - | - | - |
| Amounts payable within one year42/48 | €23k | €27k | €28k | €40k | €20k | ▼ 49.7% |
| Current portion of amounts payable after more than one year42 | - | - | €3k | €2k | - | - |
| Trade debts44 | €10k | €10k | €8k | €10k | €5k | ▼ 51.9% |
| Suppliers440/4 | - | €10k | €8k | €10k | €5k | ▼ 51.9% |
| Taxes, remuneration and social security45 | - | €18k | €16k | €28k | €15k | ▼ 46.1% |
| Taxes450/3 | - | €15k | €16k | €24k | €15k | ▼ 37.2% |
| Remuneration and social security454/9 | - | €2k | €800 | €4k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1k | €-12k | €22k | €-46k | €4k | ▲ 109% |
| + Depreciation and write-downs630 | €2k | €1k | €1k | €2k | €2k | ▲ 1.4% |
| Operating cash flow (approximation) | €3k | €-10k | €23k | €-45k | €6k | ▲ 113% |
| Investment in fixed assets (approximation) | - | €-720 | €-1k | €-3k | €0 | ▲ 100% |
| Change in cash | - | €3k | €9k | €-13k | €1k | ▲ 111% |
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
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
24-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Weakest financial yearnet €-46k
Net result drops to €-46k, the lowest in the series; recovery starts the following year.
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Grobbendonk · 1 establishment unit since 2004
Ground area
2,007 m²
Building footprint
272 m²
Volume, LiDAR
847 m³
Parcel 13010D0248/00M007, Flanders · tallest building 4.1 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
VECHRI
since 20042.136.990.865
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13010D0248/00M007 | Flanders | 2,007 m² | 1 · 272 m² | 4.1 m · 1 fl. |
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.
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Of 9,534 companies in sector 43222 we hold annual accounts for 5,666. 2,108 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 (pre-2019)
Founded02-04-2004
Fiscal year end30-06
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
Scores and ratios are computed by Checked and are not a credit decision.