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VECO CONSTRUCT

Active
Private limited company (pre-2019)founded 2006active for 20 yearsVaartstraat 15, 2520 Ranst, BelgiumKBO/BCE: BE 0881.912.914

From the official registers: KBO 18 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

VECO CONSTRUCT has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €24,060 and a net result of -€19,150. Equity has been growing by about 5.8% per year since 2018. Its solvency ranks better than 45% of 11,501 sector peers (NACE 71, financial year 2024). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Official details

KBO
Status
Active since 16-06-2006 Normal situation
Activity
Engineering and related technical consultancy, excluding land surveyors NACE 71121
Establishment unit
2.155.830.047 2520 Ranst, since 28-08-2006
Financial year end
31 December
Peppol
Reachable since 15-01-2026

Board and ownership

Board

Financial position

54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.4%
Annual accounts 2024
Gross margin
-€19,975
Loss
€19,150
▲ 228%
Equity
€24,060
▼ 44.3%
Total assets
€49,270
▼ 38.3%
Turnover not published (micro format)2025 accounts not filed, 93 days past the deadline
Filed on 30-09-2025PDF
Score breakdownraises riskCapped at 59: a confirmed filing finding1 change of registered office in 24 monthsFigures for financial year 2024 (filed on 07-10-2025)lowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Liquidity: current ratio 2.37, cash €22,769Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 33% of micro companies in architecture and engineering (NACE 71)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Average
Solvency 74-5
equity 48.8% of total assets
Liquidity 81+11
short-term debt 41.0% · cash 46.2%
Profitability 0-10
return on assets -38.9%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,826 companies, NACE 71, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.4%▲ +0.1 percentage points vs 09-2025 11-2025: 0.3%▼ -0.1 percentage points vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.8%▲ +0.5 percentage points vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.7%▼ -0.1 percentage points vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 0.9%▲ +0.2 percentage points vs 07-2026 09-2026: 1.0%▲ +0.1 percentage points vs 08-2026 10-2026: 1.4%▲ +0.4 percentage points vs 09-2026highest value
Credit of up to €1,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 2.37 (2.43 in 2023), above the usual 1.5. Short-term debt is 41% and cash 46.2% of total assets. However, 51.2% of the assets are financed with debt and provisions.
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 71, micro). It does better than 46% of them on solvency, 70% on liquidity, 4% on profitability and 12% on growth.

The bankruptcy probability was computed on 31-10-2026 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
raises risk · Figures for financial year 2024 (filed on 07-10-2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.37, cash €22,769
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€19,150
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 61 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 10 filings
Deviation from the deadline
2025
not filed
2024
61 days late
2023
31 days late
2022
60 days late
2021
92 days late
2020
10 days late
2019
21 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 46 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 93% of companies in architecture and engineeringsector median €15,679 · 11,506 companies -€19,150 View
  • Caution: 2 loss-making years in a rowloss in financial year 2024 -€19,150 View

Comparable companies

These companies have the same main activity as VECO CONSTRUCT: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €43,000 and €50,100, founded between 2002 and 2008.

CompanyTotal assetsGross margin
VECO CONSTRUCT Ranst€49,270-€19,975
Critical Air Kalmthout€48,684-€3,346
RAMSES INTUITIVE PRODUCTIONS Antwerpen€48,484€861
C.I.C. ENGINEERING Elsene€46,964-€1,772
JEAN-PIERRE DE ROUS Wevelgem€50,115-€2,871
JEAN TOUT SEUL Lessines€44,265-€1,599
LOUDORDESIGN Schaarbeek€42,990-€1,947
Full comparison

Documents

Annual accounts at the NBB

All 18 annual accounts

Articles and registers

Key facts about VECO CONSTRUCT

What is the company number of VECO CONSTRUCT?
The company number of VECO CONSTRUCT is 0881.912.914. The VAT number is the same number with BE in front: BE 0881.912.914.
Where is VECO CONSTRUCT based?
The registered office is at Vaartstraat 15, 2520 Ranst.Company details
What does VECO CONSTRUCT do?
According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of VECO CONSTRUCT?
The legal form of VECO CONSTRUCT is Private limited company (pre-2019) (BVBA).
When was VECO CONSTRUCT founded?
VECO CONSTRUCT was founded on 16-06-2006.
Is VECO CONSTRUCT still active?
Yes, VECO CONSTRUCT is an active enterprise in the KBO register.
How many employees does VECO CONSTRUCT have?
VECO CONSTRUCT had an average of 1 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of VECO CONSTRUCT?
The annual accounts for financial year 2024 state no turnover. The micro format does not require it. In financial year 2019 turnover was €174,260.
Is VECO CONSTRUCT profitable?
In financial year 2024, VECO CONSTRUCT made a loss of €19,150.
Where can I find the annual accounts of VECO CONSTRUCT?
VECO CONSTRUCT filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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