Skip to content

VECOTEC

Active Private limited companyfounded 2017active for 9 yearsSint Elooistraat 34, 8840 StadenKBO/BCE: BE 0672.963.333
VECOTEC
Follow ReportCompare

Overview

Lifetime

8 annual accounts with figures on one time axis
peak €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 accounts

Equity

€110,949 ▲ 30.8%

VECOTEC has made a profit in every financial year since 2018.

Investments

€27,046 2.9 × depreciation
202220242025

Green is investment, beige is depreciation. Machinery stands 720.6% higher than in 2024.

Filings

8 annual accounts 6 late
AprilJune31 JulyOctober20202025

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 strength
Strong

100+5equity 75.5% of total assets
91+3short-term debt 24.5% · cash 42.9%
91-9return on assets 17.8%

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
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

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.

The companies in ten equal groups, from the lowest to the highest expected share
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.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 3.32, cash €63,000
NBB · annual accounts
lowers risk · Equity €110,949 (75.5% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
lowers risk · Figures for financial year 2025 (filed on 16-07-2026)
NBB · annual accounts
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 filings
Deviation 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 months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

BV
Bob Verplancke
Director, since 15-03-2017
Board & ownership

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
All 15 events

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
Company details

Annual accounts 2025

€46,592▼ 8.0%
≈ €190,000estimated
€26,136▼ 19.2%
€110,949▲ 30.8%
€146,930▲ 21.3%
Filing
Filed on 16-07-2026, 15 days before the end of the filing period
Financials

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.

Financials

Annual accounts 2025

micro format, filed on 16-07-2026, 15 days before the deadline
€46,592
▼ 8.0%
€36,774
▼ 20.9%
€26,136
▼ 19.2%
€83,492
▲ 11.3%
75.5%
▲ 5.5 percentage points
3.32
▲ 0.25

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €190,000. Estimated: probably between €110,000 and €340,000.

Balance sheet

balance sheet total €146,930 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

75.5%

Higher than 80% of 2,343 companies in 2025.

3.32

Higher than 75% of 2,309 companies in 2025.

17.8%

Higher than 78% of 2,323 companies in 2025.

VECOTEC Middle half of the sector 80% of the sector Micro accounts in fabricated metal products (NACE 25)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018
Balance sheet: assets
20/58 146,930121,08772,67674,98471,32066,40356,68353,389
21/28 27,4579,7819,63713,30415,27618,5476,3138,900
21 ------202606
22/27 24,1116,4356,2919,95811,93015,2012,7658,294
23 22,8942,7909021,298--2,4347,301
24 1,2173,6455,3898,66011,93015,201331994
28 3,3463,3463,3463,3463,3463,3463,346-
29/58 119,473111,30663,03961,68056,04447,85650,37044,489
3 30,12531,47627,04819,80016,163---
30/36 30,12531,47627,04819,80016,163---
40/41 23,03613,2599,9918,15815,6833,3964,9677,289
40 23,03613,2598,7107,8088,8823,3564,4515,854
41 -01,2813506,800405161,435
50/53 ------45,40337,200
54/58 63,00065,69522,57829,29919,98338,744--
490/1 3,3128763,4224,4234,2155,716--
Balance sheet: equity and liabilities
10/49 146,930121,08772,67674,98471,32066,40356,68353,389
10/15 110,94984,81252,47052,41948,94043,80037,57429,158
10/11 6,5006,5006,5006,5006,5006,5006,5006,500
100 ------18,60018,600
101 ------12,10012,100
13 104,44978,31245,97045,91942,44037,30031,07422,658
130/1 ---1,8601,8601,860--
130 ------1,8601,860
1311 ---1,8601,8601,860--
133 104,44978,31245,97044,05940,58035,44029,21420,798
17/49 35,98136,27520,20522,56522,38022,60319,10824,231
42/48 35,98136,27520,20522,56522,38022,60319,10824,231
44 2,8522,58990215268-31-
440/4 2,8522,58990215268-31-
45 12,74013,0334252,0052,9544,2222,56211,003
450/3 12,74013,0334252,0052,9544,2222,56211,003
47/48 20,38920,65218,87920,40719,35718,38016,51513,228
Income statement
9900 46,59250,6665,0099,89811,86513,67217,50956,583
630 9,3703,7303,6673,5573,2714,1205,93321,850
640/8 4484404184003761,006356519
9901 36,77446,4979245,9418,2198,54611,21934,214
75/76B 318289591492661164432
75 318289591492661164432
65/66B 1,7982,007274841853801670785
65 1,7982,007274841853801670785
9903 35,29444,7797095,2487,6327,86110,59333,461
67/77 9,15712,4376571,7692,4921,6352,17710,802
9904 26,13632,342513,4795,1406,2268,41622,658
9905 26,13632,342513,4795,1406,2268,41622,658
Appropriation of the result
9906 26,13632,342513,4795,1406,2268,41622,658
691/2 26,13632,342513,4795,1406,2268,41622,658
6920 -------1,860
6921 26,13632,342513,4795,1406,2268,41620,798
Document PDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 16-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 16-07-2026 2026-00298023 PDF
31-12-2024 micro format 20-08-2025 2025-00385145 PDF
31-12-2023 micro format 24-07-2024 2024-00275510 PDF
31-12-2022 micro format 28-08-2023 2023-00359913 PDF
31-12-2021 micro format 19-08-2022 2022-20296131 PDF
31-12-2020 micro format 12-08-2021 2021-47700323 PDF
31-12-2019 micro format 28-09-2020 2020-56500252 PDF
31-12-2018 micro format 29-08-2019 2019-53300105 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018
46,14450,2264,5919,49811,49012,66617,15356,064
35,50736,0723,7187,0368,41110,34514,35044,508
27,0463,87401,584016,3543,34629,667
-2,69543,116-6,7219,316-18,760---
83,49275,03142,83339,11633,66425,25331,26220,258
75.5%70.0%72.2%69.9%68.6%66.0%66.3%54.6%
3.323.073.122.732.502.122.641.84
2.482.201.781.861.782.122.641.84
0.320.430.390.430.460.520.510.83
23.6%38.1%0.1%6.6%10.5%14.2%22.4%77.7%
17.8%26.7%0.1%4.6%7.2%9.4%14.8%42.4%
25.6625.0316.7511.2913.47---

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€27,046€3,874-€1,584-
Financial fixed assets€0----
€9,370€3,730€3,667€3,557€3,271

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on VECOTEC

The operating result for 2025 is 21% lower than in 2024.

Debt's share of the balance-sheet total falls from 30.0% to 24.5%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, last change in 2023
Bob Verplancke
Director (not named in the articles)
since 15-03-2017 term without a fixed end
earlier manager, until 21-03-2023
listed in the 2025 annual accounts, filed on 16-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 21-03-2023

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
Bob Verplancke
Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
  • Bob Verplancke
    • Director (not named in the articles), from 15-03-2017 to date
    • Manager, until 21-03-2023

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€6,500
Source
2025 annual accounts

Articles of association

deed of 21-03-2023 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Saturday of June at 14:00

Network & group

No group

VECOTEC has no parent and no holdings in its annual accounts. Bob Verplancke is the only director. VECOTEC shares no director with another company.

Timeline

Timeline

15 events since 2017

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 15 days before the deadline
2025
Equity above €100,000 equity €110,949 ▲30.8% With a profit in every financial year since 2018, equity grows to €110,949.
Annual accounts 2024 filed PDFmicro format · 20 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0672963333
2024
Highest result from 2018 to 2025 net €32,342 ▲63,229% The operating result of €46,497 and the net result of €32,342 are both a record.
Annual accounts 2023 filed PDFmicro format · 7 days before the deadline
2023
Weakest financial year net €51 ▼98.5% The net result drops to €51, the lowest from 2018 to 2025. It recovers the following year.
Annual accounts 2022 filed PDFmicro format · 28 days late
Change of role: Bob Verplancke, from manager to directorDirector discharge: Bob Verplancke · General meeting of 23-02-20236 points ▸
  • General meeting, 23-02-2023
  • 100 shares
  • Director resignation, Bob Verplancke (manager)
  • Director appointment, Bob Verplancke (director (not named in the articles))
  • Director discharge, Bob Verplancke
  • Registered office clause, Sint Elooistraat 34, 8840 Staden
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

2022
Annual accounts 2021 filed PDFmicro format · 19 days late
2021
Annual accounts 2020 filed PDFmicro format · 12 days late
2020
Annual accounts 2019 filed PDFmicro format · 59 days late
2019
Annual accounts 2018 filed PDFmicro format · 29 days late
2017
Incorporation PDFpublished on 27-03-2017
First establishment Sint Elooistraat 34, Staden

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 23 March 2017, VECOTEC was incorporated.1 Total assets went from €53,389 in 2018 to €146,930 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0672.963.333
VAT number
BE 0672.963.333
Peppol ID
0208:0672963333
Other Peppol ID
9925:BE0672963333
Legal form
Private limited company
Status
Active, normal situation
Founded
23-03-2017
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Saturday of June at 14:00
deed of 21-03-2023 (in Dutch)
Peppol
Reachable since 29-07-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
VECOTEC in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 21-03-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 21-03-2023 (in Dutch)

Activities

NACEBEL 2025
25110 Manufacture of metal structures and parts of structures main activity
Codes under NACEBEL 2008
25110 Manufacture of metal structures and parts of structures main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“De metaalbewerking,het zandstralen,het metalliseren,het galvaniseren en het verfspuiten van alle voorwerpen uit gelijk welke aard van…”
22 activities
  1. De metaalbewerking,het zandstralen,het metalliseren,het galvaniseren en het verfspuiten van alle voorwerpen uit gelijk welke aard van grondstof;
  2. Het construeren en herstellen van alle metaalbouw en machines,van sloten en klein ijzerwerk en machines toebehoren,enzovoort;
  3. Ontwerpen en vervaardiging van metalen constructiewerken en delen daarvan met inbegrip van de vervaardiging van metalen deuren en vensters,smeden van metaal,oppervlaktebehandeling van metalen,verspanend bewerken van metalen,vervaardiging van artikelen van draad en van kettingen en veren alsook de vervaardiging van andere producten van metaal;
  4. Metaalbewerking,de vervaardiging van metalen werkstukken door toepassing van diverse technieken voornamelijk lassen,solderen,braseren,thermisch snijden,boren,draaien,frezen,plooien,vonkerosief bewerken,schaven,lappen,trekfrezen,vlakken,zagen en slijpen;
  5. Onderhoud en reparatie van producten van metaal,machines en apparaten,voor eigen rekening en voor rekening van derden;
  6. Demonteren,verplaatsen en installeren van industriële machines,toestellen en werktuigen;
  7. Bouw van civieltechnische werken voor elektriciteit en telecommunicatie;
  8. Loodgieterswerk;
  9. Groot-en kleinhandel in sanitaire toestellen,toestellen voor verwarming,isolatiematerialen,loodgietersmateriaal en elektrisch installatiemateriaal zowel voor industrieel als huishoudelijk gebruik;
  10. Isolatiewerkzaamheden;
  11. Aanbrengen in gebouwen en andere bouwwerken van thermische isolatiemateriaal,isolatiemateriaal tegen geluid en trillingen;
  12. Isolatiewerkzaamheden aan verwarmingsleidigen en leidingen van koelsystemen;
  13. Groothandel in metalen en metaalertsen;
  14. Uitwerken en realisatie van projecten op het gebied van elektriciteit en elektronica,mijnbouw,chemie,machine en werktuigbouw,industriële systeemontwikkeling,veiligheid,enzovoort;
  15. Uitwerken van projecten op het gebied van klimaatbeheersing,koeltechniek,zuivering en voorkomen van pollutie,akoestiek,enzovoort;
  16. Schilderen van metalenconstructies;
  17. Groot en kleinhandel,aan-en verkoop van allerhande machines en onderdelen;
  18. Verhuur en lease van allerlei materieel en machines voor de bouwnijverheid;
  19. Aanleg en onderhoud van tuinen,parken,snoeien van bomen en heggen;
  20. Consultancy,opleiding en technische expertise en bijstand op voornoemde gebieden;
  21. Het waarnemen van alle bestuursopdrachten in vennootschappen,het uitoefenen van mandaten en functies in ondernemingen;
  22. Het beheren van een roerend en onroerend patrimonium en het valoriseren ervan door het stellen van alle beheersdaden zoals aankoop,verkoop,verhuren of in huur nemen,in leasing nemen of geven.
deed of 21-03-2023 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Sint Elooistraat 34 registered office 8840 Staden 23-03-2017 2.262.921.809

Buildings and parcels at the address

Ground area
1,810 m²
Buildings
166 m²
Volume, LiDAR
718 m³
Tallest building
6.0 m
Buildings to scale, each on its own parcel
166 m², 6.0 m 166 m², 6.0 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
36020A0161/00V0001,810 m² 1 · 166 m² 6.0 m · 2

We would like to set cookies. That happens only with your consent. What we measure