Equity
VEDA TRADING has made a profit without a break since 2023.
VEDA TRADING has made a profit without a break since 2023.
The result fell in 2025 from €10.8m to €7.0m.
VEDA TRADING pays its suppliers 47 days earlier than in 2024. Customers pay 2 days later.
Short-term debts fell from €21.7m to €12.1m.
The last five annual accounts were filed 36 to 51 days before the end of the period.
Higher net result than 95% of companies in wholesale trade. Sector median €110,270 · 6,125 companies.
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).
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).
In July 2024, 321 companies had the same profile as VEDA TRADING has now. Each dot is one company, two years later.
That fits the bankruptcy probability of VEDA TRADING itself: 0.1% within 12 months.
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 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.
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.
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.
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.
| 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 |
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.
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.
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