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VECOBE BEHEER

Active
Private limited companyfounded 1996active for 30 yearsBreeërsteenweg (Kes) 248, 3640 Kinrooi, BelgiumKBO/BCE: BE 0457.936.802

From the official registers: KBO 29 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

VECOBE BEHEER has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,281 and a net result of -€2,403. Equity is shrinking by about 3.2% per year across the filed financial years. Its solvency ranks better than 32% of 333 sector peers (NACE 16, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (27 days) Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00440660.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
27-08-2026
Format
abbreviated format
Reference
2026-00440660
Equity
€27,281▼ 8.1%
2024 · €29,684
Total assets
€105,355=
2024 · €105,355
Net result
-€2,403▲ 6.5%
2024 · -€2,570
Working capital
-€75,671▼ 3.5%
2023 · -€73,100
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €2,403 in 2025 against €2,570 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€2,403 2025 Net result-€2,403 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 16, Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€1,266--€1,329▼ 4.9%-€1,692▼ 27.4%-€1,837▼ 8.6%-€1,774▲ 3.4%€4,402-€2,570-€2,403▲ 6.5%
Net result-€1,266--€1,329▼ 4.9%-€1,692below the sector's middle half▼ 27.4%-€1,837below the sector's middle half▼ 8.6%-€1,774below the sector's middle half▲ 3.4%€4,402within the sector's middle half-€2,570below the sector's middle half-€2,403below the sector's middle half▲ 6.5%
Equity€34,484-€33,155▼ 3.9%€31,463below the sector's middle half▼ 5.1%€29,626below the sector's middle half▼ 5.8%€27,852below the sector's middle half▼ 6.0%€32,255below the sector's middle half▲ 15.8%€29,684below the sector's middle half▼ 8.0%€27,281below the sector's middle half▼ 8.1%
Total assets€105,355-€105,355=€105,355below the sector's middle half=€105,355below the sector's middle half=€105,355below the sector's middle half=€113,220below the sector's middle half▲ 7.5%€105,355below the sector's middle half▼ 6.9%€105,355below the sector's middle half=
Debt€70,871-€72,200▲ 1.9%€73,892▲ 2.3%€75,729▲ 2.5%€77,503▲ 2.3%€80,965▲ 4.5%€75,671▼ 6.5%€78,074▲ 3.2%
Working capital-€73,100below the sector's middle half-€75,671below the sector's middle half▼ 3.5%
Solvency32.7%-31.5%▼ 1.3pp29.9%within the sector's middle half▼ 1.6pp28.1%within the sector's middle half▼ 1.7pp26.4%within the sector's middle half▼ 1.7pp28.5%within the sector's middle half▲ 2.1pp28.2%within the sector's middle half▼ 0.3pp25.9%within the sector's middle half▼ 2.3pp
Current ratio0.10below the sector's middle half0.00below the sector's middle half▼ 0.10
Return on assets (ROA)-1.2%--1.3%▼ 0.1pp-1.6%below the sector's middle half▼ 0.3pp-1.7%below the sector's middle half▼ 0.1pp-1.7%below the sector's middle half▲ 0.1pp3.9%within the sector's middle half▲ 5.6pp-2.4%below the sector's middle half▼ 6.3pp-2.3%below the sector's middle half▲ 0.2pp
above within below the middle half of NACE 16, Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €105,355
Equity €27,281 ▼ 8.1%
Debt €78,074 ▲ 3.2%
Debt's share of the balance-sheet total rises from 71.8% to 74.1%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
2.86▲
2024 · 2.55
ROE
-8.8%▼
2024 · -8.7%
Debt ≤ 1 year
€78,074▲
2024 · €75,671
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 23 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 27-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€105,355€105,355=
Fixed assets21/28€105,355€105,355=
Financial fixed assets28€105,355€105,355=
Current assets29/58€0-
Amounts receivable within one year40/41€0-
Trade receivables40€0-
Equity and liabilities
Total equity and liabilities10/49€105,355€105,355=
Equity10/15€29,684€27,281▼
Contributions10/11€18,592€18,592=
Reserves13€2,558€2,558=
Distributable reserves133€2,558€2,558=
Profit (loss) carried forward14€8,534€6,131▼
Amounts payable17/49€75,671€78,074▲
Amounts payable within one year42/48€75,671€78,074▲
Other amounts payable47/48€75,671€78,074▲
Income statement Code20242025
Other operating charges640/8€534€549▲
Gross operating margin9900-€2,036-€1,854▲
Operating profit (loss)9901-€2,570-€2,403▲
Profit (loss) for the period before taxes9903-€2,570-€2,403▲
Profit (loss) for the period9904-€2,570-€2,403▲
Profit (loss) for the period to be appropriated9905-€2,570-€2,403▲
Appropriation of the result
Profit (loss) to be appropriated9906€8,534€6,131▼
Profit (loss) brought forward from the previous period14P€11,105€8,534▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line20182019202020212022202320242025Change
Other operating charges640/8---€603€485€531€534€549▲ 2.8%
Gross operating margin9900-€787-€847-€1,210-€1,234-€1,289€4,934-€2,036-€1,854▲ 9.0%
Operating profit (loss)9901-€1,266-€1,329-€1,692-€1,837-€1,774€4,402-€2,570-€2,403▲ 6.5%
Profit (loss) for the period before taxes9903-€1,266-€1,329-€1,692-€1,837-€1,774€4,402-€2,570-€2,403▲ 6.5%
Profit (loss) for the period9904-€1,266-€1,329-€1,692-€1,837-€1,774€4,402-€2,570-€2,403▲ 6.5%
Profit (loss) for the period to be appropriated9905-€1,266-€1,329-€1,692-€1,837-€1,774€4,402-€2,570-€2,403▲ 6.5%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€105,355€105,355€105,355€105,355€105,355€113,220€105,355€105,355=
Fixed assets21/28€105,355€105,355€105,355€105,355€105,355€105,355€105,355€105,355=
Financial fixed assets28€105,355€105,355€105,355€105,355€105,355€105,355€105,355€105,355=
Current assets29/58-----€7,865€0--
Amounts receivable within one year40/41-----€7,865€0--
Trade receivables40-----€7,865€0--
Equity and liabilities
Total equity and liabilities10/49€105,355€105,355€105,355€105,355€105,355€113,220€105,355€105,355=
Equity10/15€34,484€33,155€31,463€29,626€27,852€32,255€29,684€27,281▼ 8.1%
Contributions10/11€18,592€18,592-€18,592€18,592€18,592€18,592€18,592=
Reserves13€2,558€2,558€2,558€2,558€2,558€2,558€2,558€2,558=
Non-distributable reserves130/1---€1,859€1,859€0---
Reserves not available under the articles1311---€1,859€1,859€0---
Distributable reserves133---€699€699€2,558€2,558€2,558=
Profit (loss) carried forward14€13,334€12,005€10,313€8,476€6,702€11,105€8,534€6,131▼ 28.2%
Amounts payable17/49€70,871€72,200€73,892€75,729€77,503€80,965€75,671€78,074▲ 3.2%
Amounts payable within one year42/48€70,871€72,200€73,892€75,729€77,503€80,965€75,671€78,074▲ 3.2%
Trade debts44€50,906€50,906€50,906------
Other amounts payable47/48---€75,729€77,503€80,965€75,671€78,074▲ 3.2%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€1,266-€1,329-€1,692-€1,837-€1,774€4,402-€2,570-€2,403▲ 6.5%
Operating cash flow (approximation)-€1,266-€1,329-€1,692-€1,837-€1,774€4,402-€2,570-€2,403▲ 6.5%
Investment in fixed assets (approximation)-€0€0€0€0€0€0€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 29 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 27-08-2026 2026-00440660 NBB
31-12-2024 abbreviated format 31-07-2025 2025-00339543 PDF
31-12-2023 abbreviated format 29-07-2024 2024-00296114 PDF
31-12-2022 abbreviated format 27-07-2023 2023-00275901 PDF
31-12-2021 abbreviated format 31-08-2022 2022-20361730 PDF
31-12-2020 abbreviated format 27-09-2021 2021-68300393 PDF
31-12-2019 abbreviated format 31-08-2020 2020-50000439 PDF
31-12-2018 abbreviated format 25-07-2019 2019-37300005 PDF
31-12-2017 abbreviated format 28-08-2018 2018-50600324 PDF
31-12-2016 abbreviated format 21-08-2017 2017-45100143 PDF

Show all 29 filings

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