VEDESCA
ActiveSummary
VEDESCA has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1.8m) and a net result of -€44,770. Equity remains stable across the filed fiscal years (±2.5% per year). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.0 against 0.0 in 2024; cash: 0.5% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Return on assets
-29.7%
Age of the figures
11 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€1.8m
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 17-04-2026, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 d early
2024
3 d early
2023
on the day
2022
22 d early
2021
on the day
2020
61 d early
2019
62 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 27 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-10-2026 and is due by 31-05-2027. Nothing is late today. Usually files around 28 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-10-2026 close31-05-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
-€1.8m▼ 2.5%
2024 · -€1.8m
Total assets
€150,750=
2024 · €150,760
Net result
-€44,770▼ 2.0%
2024 · -€43,890
Working capital
-€2.0m▼ 2.3%
2024 · -€2.0m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€521▲ 34.6%-€387▲ 25.7%-€841▼ 117%-€685▲ 18.6%-€701▼ 2.4%
Net result-€40,768▼ 1.3%-€41,565▼ 2.0%-€42,852▼ 3.1%-€43,890▼ 2.4%-€44,770▼ 2.0%
Equity-€1.7m▼ 2.5%-€1.7m▼ 2.5%-€1.8m▼ 2.5%-€1.8m▼ 2.5%-€1.8m▼ 2.5%
Total assets€150,912=€150,945=€150,810▼ 0.1%€150,760=€150,750=
Debt€1.8m▲ 2.3%€1.9m▲ 2.3%€1.9m▲ 2.3%€2.0m▲ 2.3%€2.0m▲ 2.3%
Working capital-€1.8m▼ 2.3%-€1.9m▼ 2.3%-€1.9m▼ 2.3%-€2.0m▼ 2.3%-€2.0m▼ 2.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €701 in 2025 against €685 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €150,750
Fixed assets
€150,000 =
Current assets
€750 ▼ 1.4%
Key figures and ratios
Current ratio
0.00▼
2024 · 0.00
Debt to equity
-1.08▲
2024 · -1.08
ROA
-29.7%▼
2024 · -29.1%
Debt ≤ 1 year
€2.0m▲
2024 · €2.0m
A ratio outside any meaningful range has been withheld (balance sheet total €150,750, equity -€1.8m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €173 | €387 | €494 | €300 | €314 | ▲ 4.5% |
| Gross operating margin9900 | -€348 | - | -€348 | -€384 | -€387 | ▼ 0.8% |
| Operating profit (loss)9901 | -€521 | -€387 | -€841 | -€685 | -€701 | ▼ 2.4% |
| Financial charges65/66B | €40,248 | €41,179 | €42,011 | €43,206 | €44,068 | ▲ 2.0% |
| Recurring financial charges65 | €40,248 | €41,179 | €42,011 | €43,206 | €44,068 | ▲ 2.0% |
| Profit (loss) for the period before taxes9903 | -€40,768 | -€41,565 | -€42,852 | -€43,890 | -€44,770 | ▼ 2.0% |
| Profit (loss) for the period9904 | -€40,768 | -€41,565 | -€42,852 | -€43,890 | -€44,770 | ▼ 2.0% |
| Profit (loss) for the period to be appropriated9905 | -€40,768 | -€41,565 | -€42,852 | -€43,890 | -€44,770 | ▼ 2.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €150,912 | €150,945 | €150,810 | €150,760 | €150,750 | = |
| Fixed assets21/28 | €150,000 | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Financial fixed assets28 | €150,000 | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Current assets29/58 | €912 | €945 | €810 | €760 | €750 | ▼ 1.4% |
| Cash at bank and in hand54/58 | €912 | €945 | €810 | €760 | €750 | ▼ 1.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €150,912 | €150,945 | €150,810 | €150,760 | €150,750 | = |
| Equity10/15 | -€1.7m | -€1.7m | -€1.8m | -€1.8m | -€1.8m | ▼ 2.5% |
| Contributions10/11 | €415,000 | €415,000 | €415,000 | €415,000 | €415,000 | = |
| Capital10 | €415,000 | €415,000 | €415,000 | €415,000 | €415,000 | = |
| Issued capital100 | €415,000 | €415,000 | €415,000 | €415,000 | €415,000 | = |
| Reserves13 | €99,085 | €99,085 | €99,085 | €99,085 | €99,085 | = |
| Non-distributable reserves130/1 | €41,500 | €41,500 | €41,500 | €41,500 | €41,500 | = |
| Legal reserve130 | €41,500 | €41,500 | €41,500 | €41,500 | €41,500 | = |
| Distributable reserves133 | €57,585 | €57,585 | €57,585 | €57,585 | €57,585 | = |
| Profit (loss) carried forward14 | -€2.2m | -€2.2m | -€2.3m | -€2.3m | -€2.4m | ▼ 1.9% |
| Amounts payable17/49 | €1.8m | €1.9m | €1.9m | €2.0m | €2.0m | ▲ 2.3% |
| Amounts payable within one year42/48 | €1.8m | €1.9m | €1.9m | €2.0m | €2.0m | ▲ 2.3% |
| Financial debts43 | €33,547 | - | - | - | - | - |
| Other loans439 | €33,547 | - | - | - | - | - |
| Other amounts payable47/48 | €1.8m | €1.9m | €1.9m | €2.0m | €2.0m | ▲ 2.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€40,768 | -€41,565 | -€42,852 | -€43,890 | -€44,770 | ▼ 2.0% |
| Operating cash flow (approximation) | -€40,768 | -€41,565 | -€42,852 | -€43,890 | -€44,770 | ▼ 2.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €33 | -€136 | -€49 | -€10 | ▲ 78.8% |
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
Next filing, fiscal year 2026, expected by
2026
17-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-10
Financial
Weakest financial yearnet -€44,770
Net result drops to -€44,770, the lowest in the series.
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
09-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
11 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Nieuwpoort · 1 establishment unit since 2001
Ground area
200 m²
Building footprint
232 m²
Volume, LiDAR
4,727 m³
Parcel 38402D0233/00A000, Flanders · tallest building 25.3 m, ±7 floors. Linked by address, not a title deed.
20
companies at this address
See who is registered here
1 establishment unit
Albert I laan 98, 8620 Nieuwpoort
since 20012.034.235.696
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38402D0233/00A000 | Flanders | 200 m² | 1 · 232 m² | 25.3 m · 7 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.
Structure & network
Owners and holdings
2 ownersChain of control
- NORTH BUILDINGS
- VEDESCA
Highest known parent: NORTH BUILDINGS. The sources do not say who stands above it.
Owners 2
- NORTH BUILDINGSparent99.66%
-
10%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPublic limited company
Founded31-12-1987
Fiscal year end31-10
E-invoicing
Reachable via Peppol
Peppol ID
0208:0433290189
Registered
07-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
General meetings
2 convocationsOrdinary general meeting
Agenda
Verslag raad van bestuur. Goedkeuring jaarrekening. Bestemming resultaat. Kwijting bestuurders. Varia. (77100) Vedo, naamloze vennootschap, Stationsstraat 83, 9900 Eeklo RPR Gent 0450.265.684 Jaarvergadering op de zetel op 4 juni 2005, om 16 uur. — Agenda : 1. Verslag raad van bestuur. 2. Goedkeuring jaarrekening per 31.12.2004. 3. Bestemming resultaat. 4. Kwijting bestuurders. 5. Benoe- ming bestuurders. 6. Rondvraag. Zich schikken naar de statuten. (77101) Veehof, naamloze vennootschap, Sprietstraat 7, 8750 Zwevezele BTW 446.422.407 — RPR Brugge De aandeelhouders worden uitgenodigd tot het bijwonen der alge- mene vergadering die zal gehouden worden op de maatschappelijke zetel op 03.06.200 ...
Extraordinary general meeting
Agenda
1. Verslag raad van bestuur. 2. Goedkeuring jaarrekening per 31.12.2003. 3. Bestemming resultaat. 4. Kwijting bestuurders. 5. Benoe- ming bestuurder. 6. Allerlei. Zich richten naar de statuten. (81917) Vedesca, naamloze vennootschap, Bossuytlaan 48, 8310 Assebroek Ondernemingsnummer 0433.290.189 Jaarvergadering op 26.06.2004, om 15 uur, op de zetel. — Dagorde : Verslag raad van bestuur. Goedkeuring jaarrekening. Bestemming resultaat. Kwijting bestuurders. Varia. (81918) « Verdata Engineering », naamloze vennootschap, Maenhoutstraat 77, 9830 Sint-Martens-Latem De heren aandeelhouders worden uitgenodigd tot de algemene vergadering op 01.07.2004, te 16 uur, gehouden op de maatschappelijke zetel ...