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VEDECA

Judicial reorganisation
Public limited companyfounded 2016active for 10 yearsWashingtonstraat 63, 1050 Elsene, BelgiumKBO/BCE: BE 0656.633.382
Summary

The file of VEDECA contains 1 judicial reorganisation, as published in the Belgian Official Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show equity of €225,152 and a net result of €139,590. Equity remains stable across the filed financial years (±1.8% per year).

Are you a creditor?

Judicial reorganisation Source: Belgian Official Gazette

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

The procedure

Court
French-language Enterprise Court of Brussels
Opened
29 June 2022
Track
Reorganisation by collective agreement
Docket number
20220047
Moratorium until
28 September 2022 (passed; an extension would be in a later judgment)
Creditors' vote
14 September 2022
Delegated judge
Cedric Van Zeeland
Official Gazette
06-07-2022 (pdf) ↗search the document for 2022/125986

What to do now

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
  3. The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
  4. What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
  5. The file is in RegSol, where you can read the documents of the procedure.

Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.

View the file in RegSol ↗ Follow Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.

General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Activity not known1 site
Size
€977,867total assets 2025
Equity
€225,152
Profit
€139,590
Financial health
24 Critical Checked score 2025
Reorganisation running: about 1 in 4 bankrupt within the year
Structure
Holdings
4
Accounts filed 28 days late0 of 7 deeds read
Signalsraises riskIn judicial reorganisationneutralFiled after the deadlineShow the evidence

Checked score

Score 2025
24 / 100
Critical
Without a bankruptcy probability: score from the figures alone
An ongoing judicial reorganisation from the Belgian Official Gazette caps the score at 24. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 48+14
equity 23.0% of total assets
Liquidity 10+10
short-term debt 77.0% · cash 1.5%
Profitability 73+38
return on assets 14.3%
Bankruptcy probability, 12 months

Judicial reorganisation

About 1 in 4 comparable companies went bankrupt within the year

A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).

No credit on open account during an ongoing judicial reorganisation
Liquidity insufficient (current ratio 0.02, compared with 0.0 in 2024, below 1; short-term debt: 77% and cash: 1.5% of total assets), and 77% of the assets are financed with debt and provisions.

Signals

Two signals.
raises riskneutral
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX of the Code of Economic Law). The company is restructuring.
Belgian Official Gazette
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-02-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
28 days late
2024
4 days late
2023
on the day
2022
on the day
2021
9 days late
2020
220 days late
2019
70 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 47 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 4 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end15-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Back to profitnet €139,590
  3. Equity above €200,000equity €225,152 ▲163%

Key points

  • Risk: In judicial reorganisationtrustee not known 29-06-2022 View
  • Positive: Equity rose in 2025from €85,563 to €225,152 ▲ 163% View
  • Heads a groupcompanies controlled 4 View

By topic

Financials

Financial year
2025
Total assets
€977,867
Profit
€139,590
Solvency
23.0%
Total assets▼ 0.2%
Net result
20192025
Go to Financials

Timeline

Events
13
Since
2018
Next accounts
by 31-01-2027
  1. 04-02-2025Annual accounts filed
  2. 30-06-2024Weakest financial year
  3. 31-01-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
14-06-2016
Year ends
30-06
Peppol
Not found in the Peppol directory
Go to Company details

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