VEDAT
Open bankruptcyAre you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Rechtbank van koophandel te Dendermonde
- Declared bankrupt
- 28 October 2013
- Official Gazette
- 06-11-2013 (pdf) ↗search the document for 2013/037858
Deadlines
- Provisional date payments stopped
- 28 October 2013A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 21 November 2013Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- First verification report
- passed on 6 December 2013Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 28 October 2014Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Mr. Isabelle Vander Stricht9240 Zele, Avil Geerincklaan 26/W1
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
Embed in an article
Writing about this bankruptcy? Put the card of VEDAT in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
- Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-12-2025, 133 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2024
133 d late
2023
61 d late
2022
88 d late
2021
52 d late
2020
27 d late
2019
77 d late
2018
6 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 62 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the Site preparation sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Turnover
€424,642▼ 11.6%
2022 · €480,605
EBIT margin
14.4%▼ 27.2pp
2022 · 41.6%
Net result
€31,849▼ 40.7%
2023 · €53,698
Working capital
€430,674▲ 5.0%
2023 · €410,025
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 43, Specialised construction 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
Line20202021202220232024
Turnover€480,605€424,642▼ 11.6%
Operating result€11,052▼ 75.0%€11,363▲ 2.8%€200,068▲ 1,661%€61,179▼ 69.4%€85,038▲ 39.0%
Net result€3,807within the sector's middle half▼ 87.6%€3,654within the sector's middle half▼ 4.0%€199,339above the sector's middle half▲ 5,356%€53,698above the sector's middle half▼ 73.1%€31,849above the sector's middle half▼ 40.7%
EBIT margin41.6%14.4%▼ 27.2pp
Equity€158,961above the sector's middle half▲ 2.5%€162,615above the sector's middle half▲ 2.3%€361,954above the sector's middle half▲ 123%€415,651above the sector's middle half▲ 14.8%€447,500above the sector's middle half▲ 7.7%
Total assets€193,304within the sector's middle half▼ 7.5%€187,510within the sector's middle half▼ 3.0%€376,812above the sector's middle half▲ 101%€426,464above the sector's middle half▲ 13.2%€551,674above the sector's middle half▲ 29.4%
Debt€34,343▼ 36.2%€24,895▼ 27.5%€14,858▼ 40.3%€10,813▼ 27.2%€104,173▲ 863%
Working capital€143,202above the sector's middle half▲ 7.6%€140,061above the sector's middle half▼ 2.2%€348,242above the sector's middle half▲ 149%€410,025above the sector's middle half▲ 17.7%€430,674above the sector's middle half▲ 5.0%
Solvency82.2%above the sector's middle half▲ 8.0pp86.7%above the sector's middle half▲ 4.5pp96.1%above the sector's middle half▲ 9.3pp97.5%above the sector's middle half▲ 1.4pp81.1%above the sector's middle half▼ 16.3pp
Current ratio5.17above the sector's middle half▲ 1.706.63above the sector's middle half▲ 1.4624.44above the sector's middle half▲ 17.8138.92above the sector's middle half▲ 14.485.13above the sector's middle half▼ 33.79
Return on assets (ROA)2.0%within the sector's middle half▼ 12.7pp1.9%within the sector's middle half=52.9%above the sector's middle half▲ 51.0pp12.6%within the sector's middle half▼ 40.3pp5.8%within the sector's middle half▼ 6.8pp
Staff (FTE)0.3below the sector's middle half1.2
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction 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 per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 39% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €551,674
Fixed assets
€16,827 ▲ 199%
Current assets
€534,847 ▲ 27.1%
Equity and liabilities €551,674
Equity
€447,500 ▲ 7.7%
Debt
€104,173 ▲ 863%
Debt's share of the balance-sheet total rises from 2.5% to 18.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€87,838▲
2023 · €69,265
Cash flow
€34,649▼
2023 · €61,783
Debt to equity
0.23▲
2023 · 0.03
ROE
7.1%▼
2023 · 12.9%
Interest coverage
63.37▼
2023 · 87.58
Debt ≤ 1 year
€104,173▲
2023 · €10,813
Income taxes
€51,803▲
2023 · €6,691
Staff costs
€41,427▲
2023 · €8,562
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €480,605 | €424,642 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €241,533 | €342,906 | €272,756 | ▼ 20.5% |
| Remuneration, social security and pensions62 | - | €1,806 | €29,726 | €8,562 | €41,427 | ▲ 384% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,584 | €10,043 | €8,842 | €8,085 | €2,800 | ▼ 65.4% |
| Other operating charges640/8 | - | €1,704 | €437 | €3,910 | €9,753 | ▲ 149% |
| Gross operating margin9900 | €35,901 | €24,917 | €239,073 | €81,736 | €139,018 | ▲ 70.1% |
| Operating profit (loss)9901 | €11,052 | €11,363 | €200,068 | €61,179 | €85,038 | ▲ 39.0% |
| Financial income75/76B | - | €5 | €11 | - | - | - |
| Recurring financial income75 | €100 | €5 | €11 | - | - | - |
| Financial charges65/66B | - | €1,024 | €740 | €791 | €1,386 | ▲ 75.3% |
| Recurring financial charges65 | €1,480 | €1,024 | €740 | €791 | €1,386 | ▲ 75.3% |
| Profit (loss) for the period before taxes9903 | €9,672 | €10,345 | €199,339 | €60,388 | €83,652 | ▲ 38.5% |
| Income taxes67/77 | €5,865 | €6,691 | - | €6,691 | €51,803 | ▲ 674% |
| Profit (loss) for the period9904 | €3,807 | €3,654 | €199,339 | €53,698 | €31,849 | ▼ 40.7% |
| Profit (loss) for the period to be appropriated9905 | €3,807 | €3,654 | €199,339 | €53,698 | €31,849 | ▼ 40.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €193,304 | €187,510 | €376,812 | €426,464 | €551,674 | ▲ 29.4% |
| Fixed assets21/28 | €15,758 | €22,553 | €13,712 | €5,627 | €16,827 | ▲ 199% |
| Tangible fixed assets22/27 | €7,132 | €16,927 | €8,085 | - | €11,200 | - |
| Furniture and vehicles24 | - | €16,927 | €8,085 | - | €11,200 | - |
| Financial fixed assets28 | €8,627 | €5,627 | €5,627 | €5,627 | €5,627 | = |
| Current assets29/58 | €177,546 | €164,956 | €363,100 | €420,838 | €534,847 | ▲ 27.1% |
| Amounts receivable within one year40/41 | €165,949 | €158,173 | €307,184 | €385,704 | €444,540 | ▲ 15.3% |
| Trade receivables40 | - | €24,080 | €93,104 | €89,522 | €68,028 | ▼ 24.0% |
| Other amounts receivable41 | - | €134,093 | €214,080 | €296,182 | €376,512 | ▲ 27.1% |
| Cash at bank and in hand54/58 | €10,183 | €6,784 | €55,916 | €34,228 | €90,307 | ▲ 164% |
| Deferred charges and accrued income490/1 | - | - | - | €906 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €193,304 | €187,510 | €376,812 | €426,464 | €551,674 | ▲ 29.4% |
| Equity10/15 | €158,961 | €162,615 | €361,954 | €415,651 | €447,500 | ▲ 7.7% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Outside capital11 | - | - | €6,200 | - | - | - |
| Other1109/19 | - | - | €6,200 | - | - | - |
| Reserves13 | €152,761 | €156,415 | €156,415 | €156,415 | €156,415 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €154,555 | €154,555 | €154,555 | €154,555 | = |
| Profit (loss) carried forward14 | - | - | €199,339 | €253,037 | €284,886 | ▲ 12.6% |
| Amounts payable17/49 | €34,343 | €24,895 | €14,858 | €10,813 | €104,173 | ▲ 863% |
| Amounts payable within one year42/48 | €34,343 | €24,895 | €14,858 | €10,813 | €104,173 | ▲ 863% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €55,500 | - |
| Financial debts43 | - | €8,098 | €8,098 | €2,249 | - | - |
| Credit institutions430/8 | - | €8,098 | €8,098 | €2,249 | - | - |
| Trade debts44 | €6,855 | €4,209 | - | €8,564 | €46,502 | ▲ 443% |
| Suppliers440/4 | - | €4,209 | - | €8,564 | €46,502 | ▲ 443% |
| Taxes, remuneration and social security45 | - | €12,588 | €6,759 | - | €2,172 | - |
| Taxes450/3 | - | €12,588 | €6,759 | - | - | - |
| Remuneration and social security454/9 | - | - | - | - | €2,172 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,807 | €3,654 | €199,339 | €53,698 | €31,849 | ▼ 40.7% |
| + Depreciation and write-downs630 | €7,584 | €10,043 | €8,842 | €8,085 | €2,800 | ▼ 65.4% |
| Operating cash flow (approximation) | €11,390 | €13,697 | €208,181 | €61,783 | €34,649 | ▼ 43.9% |
| Investment in fixed assets (approximation) | - | -€16,838 | €0 | €0 | -€14,000 | - |
| Change in cash | - | -€3,399 | €49,132 | -€21,688 | €56,080 | ▲ 359% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
11-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 133 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 88 days late
2022
31-12
Financial
Highest result since 2018net €199,339 ▲5,356%
Operating result €200,068, net result €199,339, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 24.44
Current ratio from 6.63 to 24.44; short-term debt falls from €24,895 to €14,858.
31-12
Financial
Equity above €200,000Eq €361,954 ▲123%
5 profitable years in a row build equity to €361,954.
21-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 52 days late
2021
31-12
Financial
Weakest financial yearnet €3,654 ▼4%
Net result drops to €3,654, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
16-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 77 days late
2019
31-12
Financial
Equity above €150,000Eq €155,154 ▲24.7%
2 profitable years in a row build equity to €155,154.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
2013
06-11
Bankruptcy
Opening
Rechtbank van koophandel te Dendermonde · event 28-10-2013
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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.
Directors · office · real estate
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Lokeren · 1 establishment unit since 2011
Ground area
243 m²
Building footprint
131 m²
Volume, LiDAR
1,191 m³
Parcel 46384E0885/00R000, Flanders · tallest building 13.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Vedat
since 20112.203.574.932
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46384E0885/00R000 | Flanders | 243 m² | 1 · 131 m² | 13.7 m · 3 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Mr. ISABELLE VANDER STRICHT 9240 Zele, Avil Geerincklaan 26/W1 |
28-10-2013 → present |
Recognitions · licences · registrations
Recognised contractor
6 categoriesVEDAT BV38464
Similar companies · same sector, comparable size
BOUWWERKEN KEMP
BE 0426.955.990
Izegem · Eq €447,423
BRAKELS GROND SORTEERCENTRUM
BE 0876.109.740
Brakel · Eq €447,647
BOUWONDERNEMING PIETER DE BAETS
BE 0894.328.914
Deinze · Eq €447,342
MASSON & ROSEN
BE 0871.579.741
Waimes · Eq €446,641
VANDESOMPELE GRONDWERKEN
BE 0888.547.120
Waregem · Eq €448,463
Of 8,459 companies in this sector we hold annual accounts for 3,237. 2,250 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded26-09-2011
Fiscal year end31-12
Activities, NACEBEL 2025
42212Civil engineering
43120Site preparation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0839591319
Registered
18-12-2025
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.