Vedasco Technics

Active

Private limited companyfounded 200620 yrs activeSchaapbruggestraat 24a, 8800 Roeselare, BelgiumKBO/BCE: BE 0882.984.664

Vedasco Technics has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31k and a net result of €11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 46% of 956 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

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Checked score

Score 2025

84 / 100

Excellent

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability89=

Solvency72▲+13

Growth78=

Track record100

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €2.5k at 30 days acceptable

Liquidity ample (current ratio 1.53 against 1.39 in 2024; short-term debt: 48.3% and cash: 49.7% of total assets), but 52.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk○neutral

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

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 18

Relative position

BE, all sectors

reference

Sector 18

lower

← fewer bankruptcies more bankruptcies →

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

47.2%

Return on assets

16.4%

Age of the figures

9 mo

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €31k

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filings

Deviation from the deadline

2025

31 d late

2024

29 d late

2023

5 d late

2022

on the day

2021

13 d late

2020

27 d late

2019

56 d late

← before the deadline after the deadline →

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.

Companies Code · seven months

Position in the running window

23-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€31k▲ 45.6%

2024 · €21k

2018: €14k 2019: €14k 2020: €23k 2021: €6k 2022: €9k 2023: €12k 2024: €21k

2018 → 2025

Total assets

€65k▲ 6.5%

2024 · €61k

2018: €48k 2019: €47k 2020: €59k 2021: €29k 2022: €27k 2023: €34k 2024: €61k

2018 → 2025

Net result

€11k▲ 9.5%

2024 · €10k

2018: €1k 2019: €779 2020: €10k 2021: €-16k 2022: €3k 2023: €3k 2024: €10k

2018 → 2025

Working capital

€17k▲ 28.9%

2024 · €13k

2018: €-2k 2019: €4k 2020: €15k 2021: €3k 2022: €7k 2023: €12k 2024: €13k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€6k-€9k▲ 43.1%€12k▲ 38.7%€21k▲ 69.6%€31k▲ 45.6%

Operating result€-13k-€5k€7k▲ 51.7%€20k▲ 164%€21k▲ 7.6%

Net result€-16k-€3k€3k▲ 28.4%€10k▲ 180%€11k▲ 9.5%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has risen four years in a row; 2025 is 8% above 2024 and is the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €65k

26.0%

74.0%

Fixed assets €17k▲ 10.6%

Current assets €48k▲ 5.1%

Equity and liabilities €65k

47.2%

52.8%

Equity €31k▲ 45.6%

Debt €34k▼ 14.1%

The debt ratio falls from 65.5% to 52.8%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€27k▲

2024 · €24k

Cash flow

€16k▲

2024 · €14k

Solvency

47.2%▲

2024 · 34.5%

Current ratio

1.53▲

2024 · 1.39

Quick ratio

1.47▲

2024 · 1.34

Debt / equity

1.12▼

2024 · 1.90

ROE

34.7%▼

2024 · 46.1%

ROA

16.4%▲

2024 · 15.9%

Interest coverage

10.63▼

2024 · 10.73

Debt

€34k▼

2024 · €40k

Debt ≤ 1 year

€31k▼

2024 · €33k

Debt > 1 year

€3k▼

2024 · €7k

Income taxes

€8k▲

2024 · €8k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€61k€65k▲

Fixed assets21/28€15k€17k▲

Tangible fixed assets22/27€15k€17k▲

Plant, machinery and equipment23-€7k

Furniture and vehicles24€3k€340▼

Leasing and similar rights25€12k€9k▼

Financial fixed assets28€139€139=

Current assets29/58€46k€48k▲

Stocks and contracts in progress3€2k€2k▲

Stocks30/36€2k€2k▲

Amounts receivable within one year40/41€19k€12k▼

Trade receivables40€14k€9k▼

Other amounts receivable41€5k€3k▼

Cash at bank and in hand54/58€24k€32k▲

Deferred charges and accrued income490/1€659€2k▲

Equity and liabilities

Total equity and liabilities10/49€61k€65k▲

Equity10/15€21k€31k▲

Contributions10/11€6k€6k=

Reserves13€15k€24k▲

Non-distributable reserves130/1€2k-

Reserves not available under the articles1311€2k-

Distributable reserves133€13k€24k▲

Amounts payable17/49€40k€34k▼

Amounts payable after more than one year17€7k€3k▼

Financial debts170/4€7k€3k▼

Amounts payable within one year42/48€33k€31k▼

Current portion of amounts payable after more than one year42€4k€4k▲

Trade debts44€10k€7k▼

Suppliers440/4€10k€7k▼

Taxes, remuneration and social security45€18k€19k▲

Taxes450/3€18k€19k▲

Other amounts payable47/48€1k€2k▲

Income statement Code20242025

Non-recurring operating income76A€462-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲

Other operating charges640/8€5k€4k▼

Non-recurring operating charges66A€555-

Gross operating margin9900€29k€30k▲

Operating profit (loss)9901€20k€21k▲

Financial income75/76B-€127

Recurring financial income75-€127

Financial charges65/66B€2k€3k▲

Recurring financial charges65€2k€3k▲

Profit (loss) for the period before taxes9903€18k€19k▲

Income taxes67/77€8k€8k▲

Profit (loss) for the period9904€10k€11k▲

Profit (loss) for the period to be appropriated9905€10k€11k▲

Appropriation of the result

Profit (loss) to be appropriated9906€9k€11k▲

Profit (loss) brought forward from the previous period14P€-634-

Transfer to equity691/2€8k€10k▲

To other reserves6921€8k€10k▲

Profit to be distributed694/7€1k€1k▼

Return on contributions (dividend)694€1k€1k▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

31-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 31 days late

2025

31-12

Financial Highest result since 2018net €11k ▲9.5%

Operating result €21k, net result €11k, both a record.

29-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 29 days late

2024

05-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 5 days late

2023

31-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Back to profitnet €3k

Net result €3k after one loss-making year.

13-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 13 days late

2021

31-12

Financial Weakest financial yearnet €-16k ▼264%

Net result drops to €-16k, the lowest in the series; recovery starts the following year.

27-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 27 days late

2020

25-09

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 56 days late

2019

27-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 27 days late

2018

24-07

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

29-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 29 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2025

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

27-01-2025 Resigned as Director

Location & real-estate footprint

Registered office, Roeselare · 1 establishment unit since 2012

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Schaapbruggestraat 24a8800 Roeselare

Ground area

562 m²

Building footprint

238 m²

Parcel 36017A0131/00N000, Flanders. Linked by address, not a title deed.