Equity
€110,949 ▲ 30.8%
VECOTEC has made a profit in every financial year since 2018.
VECOTEC
Lifetime
8 annual accounts with figures on one time axispeak €56,583 (2018)
€46,592▼ 8.0%
peak €32,342 (2024)
€26,136▼ 19.2%
peak €110,949 (2025)
€110,949▲ 30.8%
€35,981▼ 0.8%
Board1 name since 2017
1 directorBob Verplancke
Documentsfilings and deeds
16-07-202615 days before the deadline
2025micro format
Equity from €84,812 to €110,949Investments €27,046
Key points
from the 2025 annual accountsInvestments
€27,046 2.9 × depreciation
Green is investment, beige is depreciation. Machinery stands 720.6% higher than in 2024.
Filings
8 annual accounts 6 late
The 2019 accounts came latest: 59 days after the end of the period.
Checked score
98
Excellent
Financially stronger than 85% of micro companies in fabricated metal products (NACE 25)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,710 companies (NACE 25, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.7%▲ +0.3 percentage points vs 07-2025highest value
09-2025: 0.1%▼ -0.6 percentage points vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026lowest value
03-2026: 0.1%● unchanged vs 02-2026lowest value
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
lowers risk
Liquidity: current ratio 3.32, cash €63,000
Equity €110,949 (75.5% of total assets)
Figures for financial year 2025 (filed on 16-07-2026)
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 25, micro). It does better than 90% of them on solvency, 88% on liquidity, 81% on profitability and 79% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as VECOTEC has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of VECOTEC itself is lower: 0.1% within 12 months. It rests on far more data about VECOTEC than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for VECOTEC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.32 (3.07 in 2024), above the usual 1.5. Short-term debt is 24.5% and cash 42.9% of total assets. 24.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 16-07-2026, 15 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
15 days early
2024
20 days late
2023
7 days early
2022
28 days late
2021
19 days late
2020
12 days late
2019
59 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 17 days after the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0672963333
Change of role: Bob Verplancke, from manager to director
Director discharge: Bob Verplancke · General meeting of 23-02-2023 · Gazette deed
Incorporation
published on 27-03-2017 · Gazette deed
First establishment
Sint Elooistraat 34, Staden
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VECOTEC Staden | €146,930 | €46,592 | 75.5% | - |
| ACEDOR Seraing | €138,685 | €42,590 | 61.7% | - |
| CM-CONSTRUCT Sint-Laureins | €155,498 | €51,744 | 77.0% | - |
| KVZ Services Londerzeel | €135,401 | €45,531 | 17.2% | - |
| Van de Belder Zandhoven | €122,323 | €38,036 | 49.1% | - |
| XAVIER COPPENS Gavere | €179,145 | €44,069 | 33.8% | - |
| DT Construct Waregem | €148,811 | €33,219 | -46.7% | - |
These companies have the same main activity as VECOTEC: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €122,000 and €179,000, founded between 2015 and 2018.
Official details
Source: KBO- Status
- Active since 23-03-2017Normal situation
- Activity
- Manufacture of metal structures and parts of structuresNACE 25110
- Establishment unit
- 2.262.921.8098840 Staden, since 23-03-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 29-07-2025
Annual accounts 2025
- ≈ €190,000estimated
- €146,930▲ 21.3%
- Filing
- Filed on 16-07-2026, 15 days before the end of the filing period
Insights on VECOTEC
VECOTEC files the micro format. That format states no turnover. The gross margin fell from €56,583 in 2018 to €46,592 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VECOTEC
- What is the company number of VECOTEC?
- The company number of VECOTEC is 0672.963.333. The VAT number is the same number with BE in front: BE 0672.963.333.
- Where is VECOTEC based?
- The registered office is at Sint Elooistraat 34, 8840 Staden.Company details
- What does VECOTEC do?
- According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
- What is the legal form of VECOTEC?
- VECOTEC is a private limited company (BV).
- When was VECOTEC founded?
- VECOTEC was founded on 23-03-2017.
- Is VECOTEC still active?
- Yes, VECOTEC is an active enterprise in the KBO register.
- What is the turnover of VECOTEC?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €46,592 and 2,934 comparable companies of the same size. It probably lies between €110,000 and €340,000. It is a rough estimate.Financials
- Is VECOTEC profitable?
- In financial year 2025, VECOTEC made a profit of €26,136.
- Where can I find the annual accounts of VECOTEC?
- VECOTEC filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VECOTEC due?
- VECOTEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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