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VEDA TRADING

Active
Public limited companyfounded 199234 yrs activeEuropalaan 63, 9800 Deinze, BelgiumKBO/BCE: BE 0446.718.751
Summary

VEDA TRADING has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34.6m and a net result of €7.0m. Equity is growing by ~40.8% per year across the filed fiscal years. Its solvency ranks better than 80% of 5048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability75▼-17
Solvency99▲+18
Growth74▲+1
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity ample (current ratio 3.85 against 2.26 in 2024; short-term debt: 26% and cash: 1.1% of total assets), and 26% 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
74%
Return on assets
14.9%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 25-03-2026, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
36 d early
2024
37 d early
2023
46 d early
2022
36 d early
2020
51 d early
2019
45 d early
2018
54 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 44 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 17 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

VEDA TRADING was incorporated on 21 February 1992.1 Revenue grew from EUR 58 million in 2018 to EUR 112 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€111.6m▲ 11.3%
2024 · €100.3m
EBIT margin
5.7%▼ 5.6pp
2024 · 11.3%
Net result
€7.0m▼ 35.4%
2024 · €10.8m
Working capital
€34.6m▲ 26.1%
2024 · €27.4m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202022202320242025
Turnover€69.2m▲ 9.4%€188.3m-€152.7m▼ 18.9%€100.3m▼ 34.3%€111.6m▲ 11.3%
Operating result€3.0m▲ 70.4%-€72.2m-€14.0m€11.3m▼ 19.1%€6.4m▼ 43.7%
Net result€1.6mabove the sector's middle half▼ 20.3%-€71.1mbelow the sector's middle half-€11.0mabove the sector's middle half€10.8mabove the sector's middle half▼ 2.1%€7.0mabove the sector's middle half▼ 35.4%
EBIT margin4.4%▲ 1.6pp-38.4%-9.1%▲ 47.5pp11.3%▲ 2.1pp5.7%▼ 5.6pp
Equity€3.9mabove the sector's middle half▼ 9.8%€5.8mabove the sector's middle half-€16.8mabove the sector's middle half▲ 190%€27.6mabove the sector's middle half▲ 64.1%€34.6mabove the sector's middle half▲ 25.2%
Total assets€23.8mabove the sector's middle half▲ 19.6%€44.4mabove the sector's middle half-€47.0mabove the sector's middle half▲ 5.9%€49.3mabove the sector's middle half▲ 5.0%€46.7mabove the sector's middle half▼ 5.2%
Debt€20.0m▲ 27.6%€38.6m-€30.2m▼ 21.8%€21.7m▼ 28.0%€12.2m▼ 44.0%
Working capital€14.2mabove the sector's middle half▲ 33.9%€5.5mabove the sector's middle half-€16.6mabove the sector's middle half▲ 199%€27.4mabove the sector's middle half▲ 65.5%€34.6mabove the sector's middle half▲ 26.1%
Solvency16.2%below the sector's middle half▼ 5.3pp13.1%below the sector's middle half-35.8%within the sector's middle half▲ 22.7pp56.0%within the sector's middle half▲ 20.2pp74.0%above the sector's middle half▲ 18.0pp
Current ratio2.48within the sector's middle half▲ 0.341.14below the sector's middle half-1.55within the sector's middle half▲ 0.412.26within the sector's middle half▲ 0.713.85above the sector's middle half▲ 1.58
Return on assets (ROA)6.6%within the sector's middle half▼ 3.3pp-160.2%below the sector's middle half-23.5%above the sector's middle half▲ 183.7pp21.9%above the sector's middle half▼ 1.6pp14.9%above the sector's middle half▼ 7.0pp
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€75.0m-€50.0m-€25.0m€0€25.0mOperating result 2020: €3.0m€3.0mNet result 2020: €1.6m€1.6mOperating result 2022: -€72.2m-€72.2mNet result 2022: -€71.1m-€71.1mOperating result 2023: €14.0m€14.0mNet result 2023: €11.0m€11.0mOperating result 2024: €11.3m€11.3mNet result 2024: €10.8m€10.8mOperating result 2025: €6.4m€6.4mNet result 2025: €7.0m€7.0m20202022202320242025€0€5m€10m€15mOperating result 2023: €14.0m€14mNet result 2023: €11.0m€11mOperating result 2024: €11.3m€11mNet result 2024: €10.8m€11mOperating result 2025: €6.4m€6.4mNet result 2025: €7.0m€7m202320242025
The operating result has fallen two years in a row; 2025 is 44% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €46.7m
Fixed assets €5,000 ▼ 97.5%
Current assets €46.7m ▼ 4.9%
Equity and liabilities €46.7m
Equity €34.6m ▲ 25.2%
Debt €12.2m ▼ 44.0%
Debt's share of the balance-sheet total falls from 44.0% to 26.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.35▼
2024 · 0.79
ROE
20.2%▼
2024 · 39.1%
Debt ≤ 1 year
€12.1m▼
2024 · €21.7m
Income taxes
€484,115▼
2024 · €1.7m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 321 companies that looked in July 2024 the way this one looks now, 0% went bankrupt within 24 months and 98% are still going.

  • Large
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0% went bankrupt
2.5% stopped otherwise
98% still going

For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
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 321 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€49.3m€46.7m▼
Fixed assets21/28€201,747€5,000▼
Financial fixed assets28€201,747€5,000▼
Other financial fixed assets284/8€201,747€5,000▼
Amounts receivable and cash guarantees285/8€201,747€5,000▼
Current assets29/58€49.1m€46.7m▼
Amounts receivable within one year40/41€40.4m€33.9m▼
Trade receivables40€10.8m€12.6m▲
Other amounts receivable41€29.6m€21.4m▼
Current investments50/53€8.4m€12.3m▲
Other investments51/53€8.4m€12.3m▲
Cash at bank and in hand54/58€248,207€494,016▲
Deferred charges and accrued income490/1€19,011€10,036▼
Equity and liabilities
Total equity and liabilities10/49€49.3m€46.7m▼
Equity10/15€27.6m€34.6m▲
Contributions10/11€74.1m€74.1m=
Capital10€74.1m€74.1m=
Issued capital100€74.1m€74.1m=
Reserves13€2.8m€2.8m=
Non-distributable reserves130/1€106,582€106,582=
Legal reserve130€106,582€106,582=
Distributable reserves133€2.7m€2.7m=
Profit (loss) carried forward14-€49.2m-€42.3m▲
Amounts payable17/49€21.7m€12.2m▼
Amounts payable within one year42/48€21.7m€12.1m▼
Trade debts44€21.7m€12.1m▼
Suppliers440/4€21.7m€12.1m▼
Accrued charges and deferred income492/3€560€544▼
Income statement Code20242025
Operating income70/76A€100.3m€111.6m▲
Turnover70€100.3m€111.6m▲
Operating charges60/66A€89.0m€105.2m▲
Goods for resale, raw materials and consumables60€85.9m€102.5m▲
Purchases600/8€85.9m€102.5m▲
Services and other goods61€3.1m€2.7m▼
Other operating charges640/8€3,305€2,325▼
Operating profit (loss)9901€11.3m€6.4m▼
Financial income75/76B€1.4m€1.2m▼
Recurring financial income75€1.4m€1.2m▼
Income from current assets751€1.4m€1.2m▼
Other financial income752/9€17,289-
Financial charges65/66B€221,129€99,253▼
Recurring financial charges65€221,129€99,253▼
Other financial charges652/9€221,129€99,253▼
Profit (loss) for the period before taxes9903€12.5m€7.5m▼
Income taxes67/77€1.7m€484,115▼
Taxes670/3€1.7m€484,115▼
Profit (loss) for the period9904€10.8m€7.0m▼
Profit (loss) for the period to be appropriated9905€10.8m€7.0m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€49.2m-€42.3m▲
Profit (loss) brought forward from the previous period14P-€60.0m-€49.2m▲

The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202022202320242025Change
Operating income70/76A-€193.7m€152.7m€100.3m€111.6m▲ 11.3%
Turnover70€69.2m€188.3m€152.7m€100.3m€111.6m▲ 11.3%
Other operating income74-€344,044€2,609---
Non-recurring operating income76A-€5.1m----
Operating charges60/66A-€266.0m€138.7m€89.0m€105.2m▲ 18.3%
Goods for resale, raw materials and consumables60-€173.1m€134.9m€85.9m€102.5m▲ 19.3%
Purchases600/8-€173.3m€134.8m€85.9m€102.5m▲ 19.3%
Change in stocks: decrease (increase)609--€119,775€122,261---
Services and other goods61-€8.2m€3.8m€3.1m€2.7m▼ 11.7%
Other operating charges640/8-€6,456€2,353€3,305€2,325▼ 29.7%
Non-recurring operating charges66A-€84.7m----
Operating profit (loss)9901€3.0m-€72.2m€14.0m€11.3m€6.4m▼ 43.7%
Financial income75/76B-€1.9m€454,849€1.4m€1.2m▼ 17.0%
Recurring financial income75€60,108€1.9m€454,849€1.4m€1.2m▼ 17.0%
Income from current assets751-€1.9m€454,849€1.4m€1.2m▼ 16.0%
Other financial income752/9---€17,289--
Financial charges65/66B-€753,564€2.6m€221,129€99,253▼ 55.1%
Recurring financial charges65€963,161€753,564€2.6m€221,129€99,253▼ 55.1%
Debt charges650€120,801€389,180€91,666---
Other financial charges652/9-€364,384€2.5m€221,129€99,253▼ 55.1%
Profit (loss) for the period before taxes9903€2.1m-€71.1m€11.8m€12.5m€7.5m▼ 40.5%
Income taxes67/77€566,463-€813,048€1.7m€484,115▼ 72.0%
Taxes670/3--€813,048€1.7m€484,115▼ 72.0%
Profit (loss) for the period9904€1.6m-€71.1m€11.0m€10.8m€7.0m▼ 35.4%
Profit (loss) for the period to be appropriated9905€1.6m-€71.1m€11.0m€10.8m€7.0m▼ 35.4%
Line20202022202320242025Change
Assets
Total assets20/58€23.8m€44.4m€47.0m€49.3m€46.7m▼ 5.2%
Fixed assets21/28€5,000€282,358€258,057€201,747€5,000▼ 97.5%
Financial fixed assets28€5,000€282,358€258,057€201,747€5,000▼ 97.5%
Other financial fixed assets284/8-€282,358€258,057€201,747€5,000▼ 97.5%
Amounts receivable and cash guarantees285/8-€282,358€258,057€201,747€5,000▼ 97.5%
Current assets29/58€23.8m€44.1m€46.7m€49.1m€46.7m▼ 4.9%
Stocks and contracts in progress3€2,486€122,261----
Stocks30/36-€122,261----
Goods purchased for resale34-€122,261----
Amounts receivable within one year40/41€8.7m€24.8m€22.7m€40.4m€33.9m▼ 16.1%
Trade receivables40-€23.5m€22.0m€10.8m€12.6m▲ 15.8%
Other amounts receivable41-€1.4m€666,906€29.6m€21.4m▼ 27.8%
Current investments50/53-€10.0m€22.5m€8.4m€12.3m▲ 46.0%
Other investments51/53-€10.0m€22.5m€8.4m€12.3m▲ 46.0%
Cash at bank and in hand54/58€15.1m€9.0m€1.5m€248,207€494,016▲ 99.0%
Deferred charges and accrued income490/1-€54,960€5,294€19,011€10,036▼ 47.2%
Equity and liabilities
Total equity and liabilities10/49€23.8m€44.4m€47.0m€49.3m€46.7m▼ 5.2%
Equity10/15€3.9m€5.8m€16.8m€27.6m€34.6m▲ 25.2%
Contributions10/11€1.1m€74.1m€74.1m€74.1m€74.1m=
Capital10-€74.1m€74.1m€74.1m€74.1m=
Issued capital100-€74.1m€74.1m€74.1m€74.1m=
Reserves13€2.8m€2.8m€2.8m€2.8m€2.8m=
Non-distributable reserves130/1-€106,582€106,582€106,582€106,582=
Legal reserve130-€106,582€106,582€106,582€106,582=
Distributable reserves133-€2.7m€2.7m€2.7m€2.7m=
Profit (loss) carried forward14--€71.1m-€60.0m-€49.2m-€42.3m▲ 14.2%
Amounts payable17/49€20.0m€38.6m€30.2m€21.7m€12.2m▼ 44.0%
Amounts payable after more than one year17€10.3m-----
Amounts payable within one year42/48€9.6m€38.5m€30.2m€21.7m€12.1m▼ 44.0%
Financial debts43-€13.1m----
Credit institutions430/8-€6.0m----
Other loans439-€7.1m----
Trade debts44€9.4m€25.5m€30.1m€21.7m€12.1m▼ 44.0%
Suppliers440/4-€25.5m€30.1m€21.7m€12.1m▼ 44.0%
Taxes, remuneration and social security45--€76,593---
Taxes450/3--€76,593---
Accrued charges and deferred income492/3-€27,907€1,627€560€544▼ 2.9%
Line20202022202320242025Change
Profit (loss) for the period9904€1.6m-€71.1m€11.0m€10.8m€7.0m▼ 35.4%
Operating cash flow (approximation)€1.6m-€71.1m€11.0m€10.8m€7.0m▼ 35.4%
Investment in fixed assets (approximation)--€24,301€56,310€196,747▲ 249%
Change in cash---€7.5m-€1.3m€245,809▲ 119%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
05-08
State Gazette act Appointment: Moore Audit BV (statutory auditor)
Permanent representative: Jo Vandeputte3 facts ▸
  • General meeting, 20-03-2026
  • Auditor appointment, Moore Audit BV (statutory auditor)
  • Permanent representative, Jo Vandeputte (permanent representative)
25-03
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
24-03
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
30-09
Financial Equity above €25mEq €27.6m ▲64.1%
2 profitable years in a row build equity to €27.6m.
15-03
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
30-09
Financial Back to profitnet €11.0m
Net result €11.0m after one loss-making year.
30-09
Financial Equity above €10mEq €16.8m ▲190%
Equity rises from €5.8m to €16.8m.
24-03
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
29-09
Financial Weakest financial yearnet -€71.1m
Net result drops to -€71.1m, the lowest in the series; recovery starts the following year.
29-09
Financial Equity above €5mEq €5.8m ▲50.2%
Equity rises from €3.9m to €5.8m.
2021
10-03
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
16-03
NBB filing Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
07-03
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
20-03
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
21-03
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
24-03
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 13 acts read
About the unread acts

Of the 13 Belgian State Gazette acts we know for this company, 1 has been read. The other 12 have not 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.

Directors · office · real estate

Directors

Statutory auditor 1

BV MOORE AUDIT
Statutory auditor · since 05-08-2026 · perm. rep.: Jo Vandeputte
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Deinze · 1 establishment unit since 1992
seat establishment The establishment unit on the map
Ground area
2.0 ha
Building footprint
21 m²
Volume, LiDAR
60 m³
Parcel 44054A0090/00H000, Flanders · tallest building 3.5 m, ±1 floor. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
VEDA TRADING NV
Europalaan 63, 9800 DeinzeNACE 5151003
since 19922.056.716.437
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44054A0090/00H000 Flanders 2.0 ha 1 · 20 m² 3.5 m · 1 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.

Mandate history

1 person since 2026, 1 in office
Show
  • Statutory auditor
Mandates per person, with start and end dates
Name Functions and periods
BV MOORE AUDIT
  • Statutory auditor, from 05-08-2026 to date
See the board, name and seat on a given date →

Structure & network

Part of the group Vandamme Beheer 6 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. Vandamme Beheer 100%
  2. VEDA TRADING

Highest known parent: Vandamme Beheer. The sources do not say who stands above it.

Owners 1

Stated earlier (1)

An older source named these owners; newer accounts no longer list them.

Holdings 0

The accounts to 30-09-2025 list no holdings, and no other source names one.

According to the annual accounts to 30-09-2025 of VEDA TRADING and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Deinze2.056.716.437
1 permission
Trader · since 24-09-2012

Legal Entity Identifier

549300449N6P3UDVUW50
live in the LEI register

Similar companies · same sector, comparable size

Of 1,424 companies in sector 46389 we hold annual accounts for 856. 84 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded21-02-1992
Fiscal year end30-09
Activities, NACEBEL 2025
46389Wholesale of other food products
E-invoicing
Reachable via Peppol
Peppol ID 0208:0446718751
Also 9925:BE0446718751
Registered 24-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.