VECOBO
VECOBO 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).
| Equity | €261k |
| Net result | €10k |
| Staff (FTE) | 1 |
| Better than sector | 64% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 65.8% | 50.9% | |
| Net result | €10k | €14k | |
| Equity | €261k | €57k | |
| Gross operating margin | €110k | €37k | |
| Staff costs | €45k | €30k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €61k | €104k | €77k | €29k |
| Net profit | €10k | €60k | €46k | €-6k |
| Cash flow | €42k | €85k | €60k | €24k |
| Staff costs | €45k | €45k | €48k | €60k |
| Income taxes | €16k | €16k | €16k | €4k |
| Dividends | €2k | €2k | €2k | €2k |
| Total assets | €397k | €412k | €278k | €222k |
| Equity | €261k | €253k | €194k | €149k |
| Debt | €136k | €159k | €84k | €73k |
| of which ≤ 1y | €107k | €111k | €84k | €72k |
| of which > 1y | €29k | €48k | - | €1k |
| Working capital | €171k | €149k | €135k | €80k |
| Employees (FTE) | 1.0 | 1.0 | 1.0 | 1.4 |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 2.60 | 2.34 | 2.61 | 2.11 |
| Quick ratio | 2.60 | 2.34 | 2.61 | 2.11 |
| Working capital ratio | 43.0% | 36.2% | 48.7% | 36.0% |
| Solvency | 65.8% | 61.3% | 69.7% | 67.1% |
| Debt / equity | 0.52 | 0.63 | 0.44 | 0.49 |
| Long-term debt ratio | 0.11 | 0.19 | - | 0.01 |
| Interest coverage | 16.74 | 33.02 | 68.56 | 18.39 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 2.6% | 14.7% | 16.6% | -2.8% |
| ROE | 3.9% | 23.9% | 23.8% | -4.2% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €397k | €412k | €278k | €222k |
| Fixed assets | 21/28 | €119k | €151k | €58k | €70k |
| Tangible fixed assets | 22/27 | €119k | €151k | €58k | €70k |
| Financial fixed assets | 28 | €58 | €58 | €160 | €160 |
| Current assets | 29/58 | €278k | €261k | €220k | €152k |
| Amounts receivable within one year | 40/41 | €186k | €127k | €110k | €125k |
| Cash & bank | 54/58 | €89k | €132k | €108k | €26k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €397k | €412k | €278k | €222k |
| Equity | 10/15 | €261k | €253k | €194k | €149k |
| Contributions / capital | 10/11 | €25k | €25k | €25k | €25k |
| Reserves | 13 | €236k | €3k | €3k | €3k |
| Accumulated profits (losses) | 14 | - | €225k | €166k | €122k |
| Amounts payable | 17/49 | €136k | €159k | €84k | €73k |
| Amounts payable after one year | 17 | €29k | €48k | - | €1k |
| Amounts payable within one year | 42/48 | €107k | €111k | €84k | €72k |
| Trade debts payable within one year | 44 | €73k | €74k | €56k | €46k |
| Income statement | |||||
| Gross operating margin | 9900 | €110k | €168k | €130k | €98k |
| Operating result | 9901 | €29k | €80k | €63k | €-521 |
| Financial charges | 65 | €4k | €3k | €1k | €2k |
| Result before taxes | 9903 | €26k | €77k | €62k | €-2k |
| Income taxes | 67/77 | €16k | €16k | €16k | €4k |
| Net result for the period | 9904 | €10k | €60k | €46k | €-6k |
| Result to be appropriated | 9905 | €10k | €60k | €46k | €-6k |
Former directors (1)
-
Geert DewinterDirectorState Gazette act 23473083 (22-12-2023)Former- → 22-12-2023
| NACE primary | Other business support services(82990) |
| Legal form | Private limited company(610) |
| Incorporation | 28-08-2001 |
| Status | Active |
| Postal code | 8790 |
| 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. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
10-03-2025 Registered office moved from GENT to Waregem
- afdeling KORTRIJK → Nachtegaallaan 3, 8790 Waregem
Technical details
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"co_filed_documents": [
"kopie na neerlegging van de akte ter griffie"
]
}22-12-2023 1 resigning, 2 reappointed
- Geert Dewinter, Bestuurder
- Geert Dewinter, Bestuurder
- Hilde van Vliet, Bestuurder
Technical details
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],
"notary": {
"name": "B\u00C9N\u00C9DICTE STROBBE",
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"act_meta": {
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}| Legal nameNL | VECOBO |