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VEDA TRADING

Active Public limited companyfounded 1992active for 34 yearsEuropalaan 63, 9800 DeinzeKBO/BCE: BE 0446.718.751 subsidiary of Vandamme Beheer#3 company by equity in Deinze, Wholesale and retail trade sector
Part of the group Vandamme Beheer 6 companies
See the group

Lifetime

18 annual accounts with figures on one time axis, 33 filings since 1992
peak €188.3m (2022)
€111.6m▲ 11.3%
lowest -€71.1m (2022)
€7.0m▼ 35.4%
peak €34.6m (2025)
€34.6m▲ 25.2%
€12.2m▼ 44.0%
peak 1 FTE (2010)
-not published
Board4 names since 2020
1 directorVandamme Beheer
Owners2 names in the annual accounts
Documentsfilings and deeds
25-03-202636 days before the deadline
2025financial year
Result from €10.8m to €7.0mReappointment: VANDAMME BEHEER (sole director) 03-03Equity from €27.6m to €34.6mDebts from €21.7m to €12.2mCash from €248,207 to €494,016

Key points

from the 2025 annual accounts

Equity

€34.6m ▲ 25.2%

VEDA TRADING has made a profit without a break since 2023.

Result

€7.0m ▼ 35.4%
€11m2024€7m2025

The result fell in 2025 from €10.8m to €7.0m.

Payment terms

42 days to suppliers
Suppliers
89 to 42
Customers
39 to 41

VEDA TRADING pays its suppliers 47 days earlier than in 2024. Customers pay 2 days later.

Liquidity

3.85 was 2.26 in 2024

Short-term debts fell from €21.7m to €12.1m.

Filings

33 annual accounts since 1992
deadline200020102020

The last five annual accounts were filed 36 to 51 days before the end of the period.

Position in the sector

€7.0m

Higher net result than 95% of companies in wholesale trade. Sector median €110,270 · 6,125 companies.

Checked score

98
Excellent
Financially stronger than 82% of large companies in wholesale trade (NACE 46)
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: 0.3% across 133 companies (NACE 46, large).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025highest value 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 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

99+18equity 74.0% of total assets
41+12short-term debt 26.0% · cash 1.1%
75-17return on assets 14.9%

Score breakdown

raises risk
Liquidity: current ratio 3.85, cash €494,016
lowers risk
Founded in 1992
Size: turnover €111.6m, total assets €46.7m
Legal form: public limited company
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 46, large). It does better than 90% of them on solvency, 65% on liquidity, 85% on profitability and 87% 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 30-09-2025.

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, 321 companies had the same profile as VEDA TRADING has now. Each dot is one company, two years later.

97.5%
were still trading
2.5%
stopped another way
0.0%
went bankrupt
  • Large
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of VEDA TRADING itself: 0.1% within 12 months.

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 321 companies, not a prediction for VEDA TRADING. 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 €3,350,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.85 (2.26 in 2024), above the usual 1.5. Short-term debt is 26% and cash 1.1% of total assets. 26% 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
raises risk · Liquidity: current ratio 3.85, cash €494,016
NBB · annual accounts
lowers risk · Founded in 1992
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: turnover €111.6m, total assets €46.7m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
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 days early
2024
37 days early
2023
46 days early
2022
36 days early
2020
51 days early
2019
45 days early
2018
54 days early
← 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 44 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 17 March (5 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
30-09-2026 year end10-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

VB
Director, VANDAMME Xavier
BM
Auditor, Jo Vandeputte
Board & ownership

Recent changes

Appointment: Moore Audit BV (statutory auditor) Permanent representative: Jo Vandeputte · General meeting of 20-03-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0446718751
Reappointment: VANDAMME BEHEER (sole director) Permanent representative: VANDAMME Xavier · Gazette deed
1 statutory auditor appointed Moore Audit bv (statutory auditor) · Permanent representatives: Jo Vandeputte and Xavier Vandamme · General meeting of 23-03-2023 · Gazette deed
All 48 events

Comparable companies

same main activity, similar in size and age
Company
VEDA TRADING Deinze €111.6m 5.7% 74.0% -
BIOFRESH BELGIUM Gavere €112.3m 2.6% 60.1% 139.2
CLAES DISTRIBUTION Beringen €74.8m 9.7% 73.3% 96.9
TAURA NATURAL INGREDIENTS Olen €57.4m 7.6% 82.0% 77.2
HORECA VAN ZON Lommel €94.8m 2.0% 19.9% 84.1
Bidfood Horeca Service Beringen €66.6m 4.2% 37.0% 127.6
BRUYERRE Charleroi €205.6m 4.2% 60.6% 327.6
-10%0%10%20%€50m€500m€5bnVEDA TRADINGEBIT margin

Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as VEDA TRADING: wholesale of other food products (NACE 46389). They are comparable in size and age: total assets between €26m and €84m, founded between 1979 and 1996.

Official details

Source: KBO
Status
Active since 21-02-1992Normal situation
Activity
Wholesale of other food productsNACE 46389
Establishment unit
2.056.716.4379800 Deinze, since 16-03-1992
Financial year end
30 September
Peppol
Reachable since 24-10-2025
Company details

Annual accounts to 30-09-2025

€46.7m▼ 5.2%
Filing
Filed on 25-03-2026, 36 days before the end of the filing period
Financials

Insights on VEDA TRADING

VEDA TRADING has existed since 1992. Turnover grew from €60.6m in 2007 to €111.6m in 2025.

Solvency rose in 2025 from 56.0% to 74.0% because of the retained profit and lower debts.

Vandamme Beheer holds all the shares.

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 VEDA TRADING

What is the company number of VEDA TRADING?
The company number of VEDA TRADING is 0446.718.751. The VAT number is the same number with BE in front: BE 0446.718.751.
Where is VEDA TRADING based?
The registered office is at Europalaan 63, 9800 Deinze.Company details
What does VEDA TRADING do?
According to the KBO register, the main activity is wholesale of other food products (NACE 46389).
What is the legal form of VEDA TRADING?
VEDA TRADING is a public limited company (NV).
When was VEDA TRADING founded?
VEDA TRADING was founded on 21-02-1992.
Is VEDA TRADING still active?
Yes, VEDA TRADING is an active enterprise in the KBO register.
What is the turnover of VEDA TRADING?
The turnover of VEDA TRADING was €111.6m in financial year 2025, according to the filed annual accounts.Financials
Is VEDA TRADING profitable?
In financial year 2025, VEDA TRADING made a profit of €7.0m.
Where can I find the annual accounts of VEDA TRADING?
VEDA TRADING filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VEDA TRADING due?
VEDA TRADING must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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