VECOBO
ActiveVECOBO has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €261k and a net result of €10k. Equity is growing by ~18.3% per year across the filed fiscal years. Its solvency ranks better than 64% of 9520 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
86
/ 100
Excellent▼ -14 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability20▼-80
Solvency100▲+1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 2.6 against 2.34 in 2023), and 34.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 82
Relative position
BE, all sectors
reference
Sector 82
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
42 d early
2022
33 d early
2021
52 d early
2020
32 d early
2019
39 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€261k▲ 3.4%
2023 · €253k
2021: €149k
2022: €194k
2023: €253k
2021 → 2024
Total assets
€397k▼ 3.6%
2023 · €412k
2021: €222k
2022: €278k
2023: €412k
2021 → 2024
Net result
€10k▼ 83.0%
2023 · €60k
2021: €-6k
2022: €46k
2023: €60k
2021 → 2024
Working capital
€171k▲ 14.5%
2023 · €149k
2021: €80k
2022: €135k
2023: €149k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€149k-€194k▲ 29.8%€253k▲ 30.4%€261k▲ 3.4%
Operating result€-521-€63k€80k▲ 26.9%€29k▼ 63.2%
Net result€-6k-€46k€60k▲ 31.1%€10k▼ 83.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 63% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €397k
Fixed assets
€119k▼ 21.0%
Current assets
€278k▲ 6.6%
Equity and liabilities €397k
Equity
€261k▲ 3.4%
Debt
€136k▼ 14.6%
The debt ratio falls from 38.7% to 34.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€61k▼
2023 · €104k
Cash flow
€42k▼
2023 · €85k
Solvency
65.8%▲
2023 · 61.3%
Current ratio
2.60▲
2023 · 2.34
Quick ratio
2.60▲
2023 · 2.34
Debt / equity
0.52▼
2023 · 0.63
ROE
3.9%▼
2023 · 23.9%
ROA
2.6%▼
2023 · 14.7%
Interest coverage
16.74▼
2023 · 33.02
Debt
€136k▼
2023 · €159k
Debt ≤ 1 year
€107k▼
2023 · €111k
Debt > 1 year
€29k▼
2023 · €48k
Income taxes
€16k▼
2023 · €16k
Staff costs
€45k▼
2023 · €45k
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 · 2024 against 2023
Balance sheet
Code20232024
Total assets
20/58€412k€397k▼
Fixed assets
21/28€151k€119k▼
Tangible fixed assets
22/27€151k€119k▼
Financial fixed assets
28€58€58=
Current assets
29/58€261k€278k▲
Amounts receivable within one year
40/41€127k€186k▲
Cash & bank
54/58€132k€89k▼
Total equity & liabilities
10/49€412k€397k▼
Equity
10/15€253k€261k▲
Contributions / capital
10/11€25k€25k=
Reserves
13€3k€236k▲
Accumulated profits (losses)
14€225k-
Amounts payable
17/49€159k€136k▼
Amounts payable after one year
17€48k€29k▼
Amounts payable within one year
42/48€111k€107k▼
Trade debts payable within one year
44€74k€73k▼
Income statement
Code20232024
Gross operating margin
9900€168k€110k▼
Operating result
9901€80k€29k▼
Financial charges
65€3k€4k▲
Result before taxes
9903€77k€26k▼
Income taxes
67/77€16k€16k▼
Net result for the period
9904€60k€10k▼
Result to be appropriated
9905€60k€10k▼
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
10-03
State Gazette act
Registered-office change
2024
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €60k ▲31.1%
Operating result €80k, net result €60k, both a record.
31-12
Financial
Equity above €200kEq €253k ▲30.4%
2 profitable years in a row build equity to €253k.
22-12
State Gazette act
Director changes
BÉNÉDICTE STROBBE
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €46k
Net result €46k after one loss-making year.
31-12
Financial
Equity above €150kEq €194k ▲29.8%
Equity rises from €149k to €194k.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
No sitting directors are on record for this company in the CBE. Not every legal form publishes directors; if they appear in the Belgian State Gazette later, they show up here automatically.
22-12-2023
Resigned as Director
Location & real-estate footprint
Registered office, Waregem · 1 establishment unit since 2001
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.
Nachtegaallaan 38790 WaregemGround area
5,041 m²
Building footprint
913 m²
Volume, LiDAR
6,105 m³
2 parcels, Flanders · tallest building 13.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VECOBO BVBA
since 20012.095.277.105
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34040C1121/00M000 | Flanders | 3,993 m² | 1 · 645 m² | 13.9 m · 3 fl. |
| 34452B0753/00H000 | Flanders | 1,048 m² | 1 · 268 m² | 7.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
NONAM
BE 0697.677.052
Gent · Eq €261k
NATURE ET BOIS
BE 0842.116.881
Namur · Eq €261k
CREATUS LABS
BE 0687.689.913
Sint-Niklaas · Eq €261k
WALPOT JULIEN HOLDING
BE 0689.632.386
Voeren · Eq €261k
Denton Bridge
BE 0760.544.732
Sint-Niklaas · Eq €261k
Of 24,422 companies in sector 82990 we hold annual accounts for 9,160. 6,568 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-08-2001
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
74203
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 14-07-2026. Scores and ratios are computed by Checked and are not a credit decision.