VECO
ActiveVECO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €293k and a net result of €6k. Equity is growing by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 37% of 2672 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
76
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability10▼-44
Solvency64▼-5
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 1.71 against 2.1 in 2024), but 69.4% 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 risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
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 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
30.6%
Return on assets
0.6%
Age of the figures
9 mo
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
27 d late
2023
33 d early
2022
28 d early
2021
32 d early
2020
32 d early
2019
23 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 monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€293k▲ 2.0%
2024 · €287k
2018: €133k
2019: €121k
2020: €151k
2021: €191k
2022: €213k
2023: €256k
2024: €287k
2018 → 2025
Total assets
€956k▼ 0.9%
2024 · €964k
2018: €329k
2019: €1.01M
2020: €982k
2021: €995k
2022: €972k
2023: €975k
2024: €964k
2018 → 2025
Net result
€6k▼ 81.6%
2024 · €31k
2018: €25k
2019: €-12k
2020: €44k
2021: €40k
2022: €22k
2023: €43k
2024: €31k
2018 → 2025
Working capital
€104k▼ 12.8%
2024 · €119k
2018: €104k
2019: €69k
2020: €71k
2021: €70k
2022: €75k
2023: €67k
2024: €119k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€191k-€213k▲ 11.6%€256k▲ 20.3%€287k▲ 12.2%€293k▲ 2.0%
Operating result€74k-€49k▼ 33.1%€80k▲ 61.8%€62k▼ 22.3%€69k▲ 12.0%
Net result€40k-€22k▼ 44.4%€43k▲ 95.9%€31k▼ 28.0%€6k▼ 81.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 12% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €956k
Fixed assets
€705k▼ 4.3%
Current assets
€251k▲ 10.1%
Equity and liabilities €956k
Equity
€293k▲ 2.0%
Debt
€663k▼ 2.1%
The debt ratio falls from 70.2% to 69.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€103k▲
2024 · €96k
Cash flow
€39k▼
2024 · €65k
Solvency
30.6%▲
2024 · 29.8%
Current ratio
1.71▼
2024 · 2.10
Quick ratio
1.71▼
2024 · 2.10
Debt / equity
2.26▼
2024 · 2.36
ROE
2.0%▼
2024 · 10.9%
ROA
0.6%▼
2024 · 3.2%
Interest coverage
6.32▲
2024 · 5.16
Debt
€663k▼
2024 · €677k
Debt ≤ 1 year
€147k▲
2024 · €108k
Debt > 1 year
€516k▼
2024 · €569k
Income taxes
€13k▼
2024 · €14k
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€964k€956k▼
Fixed assets21/28€737k€705k▼
Tangible fixed assets22/27€737k€705k▼
Plant, machinery and equipment23€95k€89k▼
Furniture and vehicles24€2k€455▼
Leasing and similar rights25€639k€616k▼
Current assets29/58€228k€251k▲
Amounts receivable after more than one year29€176k€218k▲
Other amounts receivable291€176k€218k▲
Amounts receivable within one year40/41€443€30▼
Trade receivables40€443€25▼
Other amounts receivable41-€5
Current investments50/53€37k-
Deferred charges and accrued income490/1€14k€33k▲
Equity and liabilities
Total equity and liabilities10/49€964k€956k▼
Equity10/15€287k€293k▲
Contributions10/11€12k€12k=
Reserves13€275k€280k▲
Distributable reserves133€275k€280k▲
Amounts payable17/49€677k€663k▼
Amounts payable after more than one year17€569k€516k▼
Financial debts170/4€544k€505k▼
Other amounts payable178/9€25k€11k▼
Amounts payable within one year42/48€108k€147k▲
Current portion of amounts payable after more than one year42€45k€38k▼
Financial debts43€20k€21k▲
Credit institutions430/8€20k€21k▲
Trade debts44€6k€60k▲
Suppliers440/4€6k€60k▲
Taxes, remuneration and social security45€33k€27k▼
Taxes450/3€31k€25k▼
Remuneration and social security454/9€2k€2k▼
Other amounts payable47/48€5k€826▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€34k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€98k€105k▲
Operating profit (loss)9901€62k€69k▲
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€19k€53k▲
Recurring financial charges65€19k€16k▼
Non-recurring financial charges66B-€37k
Profit (loss) for the period before taxes9903€45k€19k▼
Income taxes67/77€14k€13k▼
Profit (loss) for the period9904€31k€6k▼
Profit (loss) for the period to be appropriated9905€31k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€6k▼
Transfer to equity691/2€31k€6k▼
To other reserves6921€31k€6k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €200kEq €213k ▲11.6%
3 profitable years in a row build equity to €213k.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €44k
Net result €44k after one loss-making year.
31-12
Financial
Equity above €150kEq €151k ▲24.9%
Equity rises from €121k to €151k.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-12k ▼148%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
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.
Directors · office · real estate
Directors
7 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, Niel · 1 establishment unit since 2006
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.
Heideplaats 15B2845 NielGround area
793 m²
Building footprint
188 m²
Volume, LiDAR
2,033 m³
Parcel 11030A0520/00H000, Flanders · tallest building 14.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
VECO
since 20062.151.310.045
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11030A0520/00H000 | Flanders | 793 m² | 1 · 188 m² | 14.6 m · 4 fl. |
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.
Recognitions · licences · registrations
Legal Entity Identifier
9676008KDKDX16EW0N77
Similar companies · same sector, comparable size
uSITE
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CUBICOM
BE 0835.647.872
Brasschaat · Eq €294k
Aplicon
BE 0699.568.849
Kontich · Eq €291k
MME
BE 0500.562.560
Menen · Eq €295k
UTD
BE 0799.245.752
Antwerpen · Eq €296k
Of 3,204 companies in sector 62900 we hold annual accounts for 1,734. 1,248 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-01-2006
Fiscal year end31-12
Activities, NACEBEL
62900Other information technology and computer services
72600
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
72100
72220
72300
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.