VECOVER
ActiveSummary
VECOVER has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €120,714 and a net result of €29,499. Equity is growing by ~68.8% per year across the filed fiscal years. Its solvency ranks better than 82% of 4665 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
What they do
Landscape service activities
NACE 81300
#6 oldest company in Pepinster, Administrative and support services sector1 site
How big
€166,015total assets 2025
- Equity
- €120,714
- Profit
- €29,499
Turnover not published (abridged schema)
Who decides
Accounts filed 28 d late0 of 5 deeds read
Why 86- Higher-failure-rate sector- Higher-failure-rate region+ Annual accounts: healthy financial profile+ Long track recordFiled after the deadlineShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability91▲+54
Solvency98▲+29
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 3.79 against 1.69 in 2024; short-term debt: 24.5% and cash: 76.2% of total assets), and 27.3% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
72.7%
Return on assets
17.8%
Age of the figures
9 mo
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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
38 d early
2023
1 d late
2022
30 d late
2021
47 d early
2020
11 d late
2019
18 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 2 August (4 of the last 5 filed years within 40 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Back to profitnet €29,499
- Liquidity doublescurrent ratio 3.79
Financials
Fiscal year 2025Total assets €166,015Profit €29,499Solvency 72.7%Liquidity 3.79
Total assets
€166,015▼ 20.6%
2018 - 2025
Net result
€29,499
2018 - 2025
Equity
€120,714▲ 32.3%
2018 - 2025
Staff (FTE)
0.2▼ 80.0%
2020 - 2023
Financials · fiscal year 2025, micro schema
In the rankings
#6 oldest company in Pepinster, Administrative and support services sector#8 company by total assets in Pepinster, Administrative and support services sector
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€7,566▲ 79.2%€4,955▼ 34.5%€66,508▲ 1,242%€1,480▼ 97.8%€40,232▲ 2,619%
Net result€10,001within the sector's middle half▲ 48.5%€10,544within the sector's middle half▲ 5.4%€60,572above the sector's middle half▲ 474%-€1,761below the sector's middle half€29,499above the sector's middle half
Equity€22,860within the sector's middle half▲ 77.8%€33,404within the sector's middle half▲ 46.1%€92,976within the sector's middle half▲ 178%€91,215within the sector's middle half▼ 1.9%€120,714above the sector's middle half▲ 32.3%
Total assets€144,090within the sector's middle half▲ 44.8%€167,229within the sector's middle half▲ 16.1%€241,947within the sector's middle half▲ 44.7%€208,962within the sector's middle half▼ 13.6%€166,015within the sector's middle half▼ 20.6%
Debt€121,230▲ 39.9%€133,825▲ 10.4%€148,971▲ 11.3%€117,746▼ 21.0%€45,301▼ 61.5%
Working capital€42,131within the sector's middle half-€25,184below the sector's middle half€54,170within the sector's middle half€76,214above the sector's middle half▲ 40.7%€113,472above the sector's middle half▲ 48.9%
Solvency15.9%below the sector's middle half▲ 2.9pp20.0%within the sector's middle half▲ 4.1pp38.4%within the sector's middle half▲ 18.5pp43.7%within the sector's middle half▲ 5.2pp72.7%above the sector's middle half▲ 29.1pp
Current ratio1.85within the sector's middle half▲ 1.330.81below the sector's middle half▼ 1.041.36within the sector's middle half▲ 0.551.69within the sector's middle half▲ 0.333.79above the sector's middle half▲ 2.10
Return on assets (ROA)6.9%within the sector's middle half▲ 0.2pp6.3%within the sector's middle half▼ 0.6pp25.0%above the sector's middle half▲ 18.7pp-0.8%below the sector's middle half▼ 25.9pp17.8%within the sector's middle half▲ 18.6pp
Staff (FTE)0.8▲ 167%1▲ 25.0%0.2▼ 80.0%
above
within
below
the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 2,619% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €166,015
Fixed assets
€11,816 ▼ 47.4%
Current assets
€154,199 ▼ 17.3%
Equity and liabilities €166,015
Equity
€120,714 ▲ 32.3%
Debt
€45,301 ▼ 61.5%
Debt's share of the balance-sheet total falls from 56.3% to 27.3%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€50,874▲
2024 · €17,461
Cash flow
€40,141▲
2024 · €14,221
Quick ratio
3.66▲
2024 · 1.52
Debt to equity
0.38▼
2024 · 1.29
ROE
24.4%▲
2024 · -1.9%
Interest coverage
10.32▲
2024 · 2.28
Debt ≤ 1 year
€40,727▼
2024 · €110,290
Income taxes
€11,800▲
2024 · €1,631
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €24,846 | €25,472 | €3,983 | €106 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,659 | €17,642 | €21,554 | €15,982 | €10,642 | ▼ 33.4% |
| Other operating charges640/8 | €917 | €966 | €1,063 | €1,068 | €985 | ▼ 7.8% |
| Non-recurring operating charges66A | - | - | - | €2,199 | - | - |
| Gross operating margin9900 | €48,989 | €49,035 | €93,108 | €20,835 | €51,859 | ▲ 149% |
| Operating profit (loss)9901 | €7,566 | €4,955 | €66,508 | €1,480 | €40,232 | ▲ 2,619% |
| Financial income75/76B | €7,388 | €10,934 | €13,473 | €6,048 | €5,996 | ▼ 0.9% |
| Recurring financial income75 | €7,388 | €10,934 | €13,023 | €6,048 | €5,996 | ▼ 0.9% |
| Non-recurring financial income76B | - | - | €450 | - | - | - |
| Financial charges65/66B | €943 | €1,105 | €2,090 | €7,658 | €4,929 | ▼ 35.6% |
| Recurring financial charges65 | €943 | €1,105 | €2,090 | €7,658 | €4,929 | ▼ 35.6% |
| Profit (loss) for the period before taxes9903 | €14,011 | €14,784 | €77,891 | -€130 | €41,299 | ▲ 31,927% |
| Income taxes67/77 | €4,009 | €4,240 | €17,319 | €1,631 | €11,800 | ▲ 624% |
| Profit (loss) for the period9904 | €10,001 | €10,544 | €60,572 | -€1,761 | €29,499 | ▲ 1,776% |
| Profit (loss) for the period to be appropriated9905 | €10,001 | €10,544 | €60,572 | -€1,761 | €29,499 | ▲ 1,776% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €144,090 | €167,229 | €241,947 | €208,962 | €166,015 | ▼ 20.6% |
| Fixed assets21/28 | €52,529 | €59,516 | €38,806 | €22,458 | €11,816 | ▼ 47.4% |
| Tangible fixed assets22/27 | €51,277 | €58,264 | €36,710 | €20,728 | €10,086 | ▼ 51.3% |
| Plant, machinery and equipment23 | - | €23,448 | €18,748 | €14,048 | €9,348 | ▼ 33.5% |
| Furniture and vehicles24 | €49,437 | €32,819 | €16,998 | €5,829 | - | - |
| Other tangible fixed assets26 | €1,840 | €1,997 | €964 | €851 | €738 | ▼ 13.3% |
| Financial fixed assets28 | €1,252 | €1,252 | €2,096 | €1,730 | €1,730 | = |
| Current assets29/58 | €91,561 | €107,713 | €203,141 | €186,504 | €154,199 | ▼ 17.3% |
| Stocks and contracts in progress3 | €911 | €15,328 | €13,476 | €18,930 | €5,156 | ▼ 72.8% |
| Stocks30/36 | €911 | €15,328 | €13,476 | €18,930 | €5,156 | ▼ 72.8% |
| Amounts receivable within one year40/41 | €27,418 | €60,954 | €65,655 | €35,702 | €20,683 | ▼ 42.1% |
| Trade receivables40 | €25,694 | €51,911 | €59,470 | €35,702 | €17,318 | ▼ 51.5% |
| Other amounts receivable41 | €1,723 | €9,043 | €6,185 | - | €3,364 | - |
| Cash at bank and in hand54/58 | €61,773 | €29,926 | €121,837 | €129,640 | €126,497 | ▼ 2.4% |
| Deferred charges and accrued income490/1 | €1,459 | €1,506 | €2,173 | €2,231 | €1,863 | ▼ 16.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €144,090 | €167,229 | €241,947 | €208,962 | €166,015 | ▼ 20.6% |
| Equity10/15 | €22,860 | €33,404 | €92,976 | €91,215 | €120,714 | ▲ 32.3% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €10,001 | €10,001 | €10,001 | €10,001 | €10,001 | = |
| Distributable reserves133 | €10,001 | €10,001 | €10,001 | €10,001 | €10,001 | = |
| Profit (loss) carried forward14 | €459 | €11,003 | €70,575 | €68,814 | €98,313 | ▲ 42.9% |
| Amounts payable17/49 | €121,230 | €133,825 | €148,971 | €117,746 | €45,301 | ▼ 61.5% |
| Amounts payable after more than one year17 | €71,278 | - | - | - | - | - |
| Financial debts170/4 | €71,278 | - | - | - | - | - |
| Amounts payable within one year42/48 | €49,430 | €132,897 | €148,971 | €110,290 | €40,727 | ▼ 63.1% |
| Current portion of amounts payable after more than one year42 | €6,029 | €1,513 | - | - | - | - |
| Trade debts44 | €16,652 | €33,131 | €36,040 | €22,663 | €10,227 | ▼ 54.9% |
| Suppliers440/4 | €16,652 | €33,131 | €36,040 | €22,663 | €10,227 | ▼ 54.9% |
| Taxes, remuneration and social security45 | €13,890 | €9,073 | €8,229 | €4,215 | €3,131 | ▼ 25.7% |
| Taxes450/3 | €7,140 | €6,720 | €7,990 | €4,215 | €3,131 | ▼ 25.7% |
| Remuneration and social security454/9 | €6,750 | €2,353 | €239 | - | - | - |
| Other amounts payable47/48 | €12,859 | €89,180 | €104,703 | €83,412 | €27,369 | ▼ 67.2% |
| Accrued charges and deferred income492/3 | €522 | €928 | - | €7,457 | €4,574 | ▼ 38.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,001 | €10,544 | €60,572 | -€1,761 | €29,499 | ▲ 1,776% |
| + Depreciation and write-downs630 | €15,659 | €17,642 | €21,554 | €15,982 | €10,642 | ▼ 33.4% |
| Operating cash flow (approximation) | €25,661 | €28,186 | €82,126 | €14,221 | €40,141 | ▲ 182% |
| Investment in fixed assets (approximation) | - | -€24,629 | -€844 | €366 | €0 | ▼ 100% |
| Change in cash | - | -€31,847 | €91,911 | €7,803 | -€3,143 | ▼ 140% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
A-Quality
BE 0825.850.971
Zonhoven · Eq €120,765
GRANVILLE ALAIN
BE 0825.299.160
Dinant · Eq €120,603
Tom Caes Tuinarchitectuur
BE 0879.243.632
Rotselaar · Eq €120,893
INFINITY GARDENS
BE 0875.504.479
Beersel · Eq €121,030
GEBROEDERS DIERCKX
BE 0475.859.135
Lommel · Eq €121,055
Of 21,212 companies in this sector we hold annual accounts for 4,372. 3,596 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
16 eventsLatest 28-08-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Back to profitnet €29,499
Net result €29,499 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 3.79
Current ratio from 1.69 to 3.79; short-term debt falls from €110,290 to €40,727.
31-12
Financial
Equity above €100,000Eq €120,714 ▲32.3%
Equity rises from €91,215 to €120,714.
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
31-12
Financial
Highest result since 2018net €60,572 ▲474%
Operating result €66,508, net result €60,572, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 1.85
Current ratio from 0.52 to 1.85; short-term debt falls from €79,128 to €49,430.
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Back to profitnet €22,771
Net result €22,771 after one loss-making year.
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Support & recognitions
1 register with a recognition
Registered contractor
10
categories
Recognitions · licences · registrations
Recognised contractor
10 categoriesVECOVER SRLapproval no. 40579
Company details
Private limited company · founded 03-06-2014Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded03-06-2014
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
47252Retail sale of beverages, general range
47761Retail sale of flowers, plants, seeds and fertilisers
52100Warehousing and storage
E-invoicing
Reachable via Peppol
Peppol ID
0208:0553573357
Also
9925:BE0553573357
Registered
08-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Pepinster · 1 establishment unit since 2014
Ground area
684 m²
Building footprint
73 m²
Volume, LiDAR
472 m³
Parcel 63452D0045/00E000, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VECOVER
since 2014unit no. 2.232.359.285
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63452D0045/00E000 | Wallonia | 684 m² | 1 · 73 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.