Vedesta
ActiveSummary
Vedesta has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12.40M and a net result of €1.40M. Equity is growing by ~5.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
82
/ 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
Profitability62=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1M at 30 days acceptable
Liquidity ample (current ratio 2.67 against 2.22 in 2024; short-term debt: 14.8% and cash: 17.7% of total assets), and 14.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
85.2%
Return on assets
9.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-05-2026, 71 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
71 d early
2024
21 d early
2023
42 d early
2022
28 d early
2021
27 d early
2020
31 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€12.40M▲ 8.6%
2024 · €11.42M
2018: €8.63M
2019: €8.92M
2020: €9.22M
2021: €9.53M
2022: €13.56M
2023: €14.09M
2024: €11.42M
2018 → 2025
Total assets
€14.56M▲ 7.4%
2024 · €13.56M
2018: €12.14M
2019: €11.31M
2020: €11.65M
2021: €14.02M
2022: €15.87M
2023: €16.23M
2024: €13.56M
2018 → 2025
Net result
€1.40M▲ 5.6%
2024 · €1.32M
2018: €591k
2019: €292k
2020: €300k
2021: €593k
2022: €4.41M
2023: €930k
2024: €1.32M
2018 → 2025
Working capital
€3.60M▲ 37.7%
2024 · €2.61M
2018: €-2.04M
2019: €-1.74M
2020: €-1.44M
2021: €-2.88M
2022: €4.76M
2023: €5.29M
2024: €2.61M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€9.53M-€13.56M▲ 42.3%€14.09M▲ 3.9%€11.42M▼ 19.0%€12.40M▲ 8.6%
Operating result€-13k-€4.14M€4k▼ 99.9%€-1k€3k
Net result€593k-€4.41M▲ 643%€930k▼ 78.9%€1.32M▲ 42.3%€1.40M▲ 5.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3k after a loss of €1k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14.56M
Fixed assets
€8.80M =
Current assets
€5.75M ▲ 21.1%
Equity and liabilities €14.56M
Equity
€12.40M ▲ 8.6%
Debt
€2.15M ▲ 0.7%
Debt's share of the balance-sheet total falls from 15.8% to 14.8%. Equity and debt are higher.
Key figures and ratios
Current ratio
2.67▲
2024 · 2.22
Debt to equity
0.17▼
2024 · 0.19
ROE
11.3%▼
2024 · 11.6%
ROA
9.6%▼
2024 · 9.8%
Debt ≤ 1 year
€2.15M▲
2024 · €2.14M
Income taxes
€139k▲
2024 · €132k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€13.56M€14.56M▲
Fixed assets21/28€8.80M€8.80M=
Financial fixed assets28€8.80M€8.80M=
Current assets29/58€4.75M€5.75M▲
Amounts receivable within one year40/41€390k€371k▼
Other amounts receivable41€390k€371k▼
Current investments50/53€3.42M€2.81M▼
Cash at bank and in hand54/58€943k€2.57M▲
Deferred charges and accrued income490/1€3k€972▼
Equity and liabilities
Total equity and liabilities10/49€13.56M€14.56M▲
Equity10/15€11.42M€12.40M▲
Contributions10/11€1.90M€1.90M=
Capital10€1.90M€1.90M=
Issued capital100€1.90M€1.90M=
Reserves13€8.68M€9.66M▲
Non-distributable reserves130/1€550k€411k▼
Legal reserve130€550k€411k▼
Distributable reserves133€8.13M€9.25M▲
Profit (loss) carried forward14€832k€840k▲
Amounts payable17/49€2.14M€2.15M▲
Amounts payable within one year42/48€2.14M€2.15M▲
Trade debts44€197€0▼
Suppliers440/4€197€0▼
Other amounts payable47/48€2.14M€2.15M▲
Income statement
Code20242025
Other operating charges640/8€1k€1k▲
Gross operating margin9900€-263€4k▲
Operating profit (loss)9901€-1k€3k▲
Financial income75/76B€1.24M€1.33M▲
Recurring financial income75€1.24M€1.33M▲
Financial charges65/66B€-220k€-204k▲
Recurring financial charges65€-220k€-204k▲
Profit (loss) for the period before taxes9903€1.46M€1.54M▲
Income taxes67/77€132k€139k▲
Profit (loss) for the period9904€1.32M€1.40M▲
Profit (loss) for the period to be appropriated9905€1.32M€1.40M▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.15M€2.23M▲
Profit (loss) brought forward from the previous period14P€829k€832k▲
Transfer from equity791/2€397k€413k▲
Transfer to equity691/2€1.32M€1.39M▲
To other reserves6921€1.32M€1.39M▲
Profit to be distributed694/7€397k€413k▲
Return on contributions (dividend)694€397k€413k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
07-03
State Gazette act
Capital & shares · Statutes amendmentCapital decrease · Share cancellation · Share issue7 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital decrease · Share cancellation · Share issue7 facts ▸
- Capital decrease, €3.600.000
- Share cancellation, 15432
- Share issue, vermenigvuldiging met de factor 9 om het ondeelbaar aandeel te splitsen
- Share cancellation, 42.000 van elke aandeelhouder
- Capital, €1.900.000
- Statutes amendment
- Power of attorney, Grant Thornton, Accountancy, Taks en Legal
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €4.41M ▲643%
Operating result €4.14M, net result €4.41M, both a record.
31-12
Financial
Liquidity times 9current ratio 3.06
Current ratio from 0.36 to 3.06; short-term debt falls from €4.49M to €2.31M.
31-12
Financial
Equity above €10MEq €13.56M ▲42.3%
5 profitable years in a row build equity to €13.56M.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
15-04
State Gazette act
Statutes amendment · Resignations & appointments · RestructuringMerger · Dissolution · Share cancellation10 facts ▸
State Gazette act
Statutes amendment · Resignations & appointments · Restructuring
Merger · Dissolution · Share cancellation10 facts ▸
- General meeting, 22-03-2022
- Merger, 22-03-2022
- Dissolution, 22-03-2022
- Share cancellation, fusion
- Accounting effect, 01-01-2022
- Statutes amendment
- Capital, €5.500.000
- Shareholder, Jan Van de Steen
- Shareholder, Luc Van de Steen
- Shareholder, Dirk Van de Steen
15-02
State Gazette act
RestructuringMerger · Capital · Shareholding4 facts ▸
State Gazette act
Restructuring
Merger · Capital · Shareholding4 facts ▸
- Merger, met fusie door overneming gelijkgestelde verrichting
- Capital, €2.500.000
- Capital, €5.500.000
- Shareholding, enige aandeelhouder
2021
28-10
State Gazette act
Resignation: Robrecht Van de Steen (director)Reappointments: Jan Van de Steen (director) and Dirk Van de Steen (director) · Director confirmation8 facts ▸
State Gazette act
Resignation: Robrecht Van de Steen (director)
Reappointments: Jan Van de Steen (director) and Dirk Van de Steen (director) · Director confirmation8 facts ▸
- General meeting, 18-05-2021
- Director resignation, Robrecht Van de Steen (director)
- Director reappointment, Jan Van de Steen (director)
- Director reappointment, Dirk Van de Steen (director)
- Board composition, Jan Van de Steen (director)
- Board composition, Luc Van de Steen (director)
- Board composition, Dirk Van de Steen (director)
- Director confirmation, Luc Van de Steen
Show earlier events
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
21-08
State Gazette act
Reappointments: Luc Van de Steen (director) and Robrecht Van de Steen (director)4 facts ▸
State Gazette act
Reappointments: Luc Van de Steen (director) and Robrecht Van de Steen (director)
4 facts ▸
- General meeting, 09-06-2020
- Director reappointment, Luc Van de Steen (director)
- Director reappointment, Robrecht Van de Steen (director)
- Director reappointment, Luc Van de Steen (managing director)
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €292k ▼50.5%
Net result drops to €292k, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-09
State Gazette act
Reappointments: Jan Van de Steen, Dirk Van de Steen and Robrecht Van de Steen4 facts ▸
State Gazette act
Reappointments: Jan Van de Steen, Dirk Van de Steen and Robrecht Van de Steen
4 facts ▸
- General meeting, 16-05-2017
- Director reappointment, Jan Van de Steen (director)
- Director reappointment, Dirk Van de Steen (director)
- Director reappointment, Robrecht Van de Steen (director)
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
15-07
State Gazette act
Resignation: Hilde Van de Steen (director)General meeting decision3 facts ▸
State Gazette act
Resignation: Hilde Van de Steen (director)
General meeting decision3 facts ▸
- General meeting, 17-05-2016
- Director resignation, Hilde Van de Steen (director)
- General meeting decision, no new director appointed
22-06
State Gazette act
Statutes amendment2 facts ▸
State Gazette act
Statutes amendment
2 facts ▸
- Statutes amendment
- Statutes amendment
2014
29-08
State Gazette act
Reappointments: Jan Van de Steen, Dirk Van de Steen and 3 othersMandate compensation · Mandate condition13 facts ▸
State Gazette act
Reappointments: Jan Van de Steen, Dirk Van de Steen and 3 others
Mandate compensation · Mandate condition13 facts ▸
- General meeting, 17-05-2011
- Director reappointment, Jan Van de Steen (director)
- Director reappointment, Dirk Van de Steen (director)
- Director reappointment, Robrecht Van de Steen (director)
- Mandate compensation, Jan Van de Steen
- Mandate compensation, Dirk Van de Steen
- Mandate compensation, Robrecht Van de Steen
- General meeting, 20-05-2014
- Director reappointment, Luc Van de Steen (director)
- Director reappointment, Hilde Van de Steen (director)
- Board meeting, 20-05-2014
- Director reappointment, Luc Van de Steen (managing director)
- +1 further facts in this act
14-03
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Share issue · Statutes amendment9 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital increase · Share issue · Statutes amendment9 facts ▸
- General meeting, 30-12-2013
- Capital increase, €862.340,16
- Share issue, 397058.82
- Share issue, 2011764.71
- Share issue, 397058.82
- Share issue, 397058.82
- Share issue, 397058.82
- Capital increase, €2.737.659,84
- Statutes amendment
2012
17-01
State Gazette act
Capital & shares · Statutes amendmentStatutes amendment · Power of attorney2 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Statutes amendment · Power of attorney2 facts ▸
- Statutes amendment
- Power of attorney
2010
16-02
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Board meeting, 02-12-2009
- Registered-office move, Vriesedonklei 24 te 2930 Brasschaat
2008
17-07
State Gazette act
Reappointments: Luc Peter Van de Steen (director) and Hilde Godelieve Van de Steen (director)Appointment: Luc Peter Van de Steen (chair of the board)6 facts ▸
State Gazette act
Reappointments: Luc Peter Van de Steen (director) and Hilde Godelieve Van de Steen (director)
Appointment: Luc Peter Van de Steen (chair of the board)6 facts ▸
- General meeting, 20-05-2008
- Director reappointment, Luc Peter Van de Steen (director)
- Director reappointment, Hilde Godelieve Van de Steen (director)
- Board meeting, 20-05-2008
- Director reappointment, Luc Peter Van de Steen (managing director)
- Director appointment, Luc Peter Van de Steen (chair of the board)
2007
26-07
State Gazette act
Reappointments: Jan A Van de Steen (director) and Dirk G. Van de Steen (director)Resignations: Robrecht Van de Steen (managing director) and Jan Andries (director) · Mandate compensation · Director discharge9 facts ▸
State Gazette act
Reappointments: Jan A Van de Steen (director) and Dirk G. Van de Steen (director)
Resignations: Robrecht Van de Steen (managing director) and Jan Andries (director) · Mandate compensation · Director discharge9 facts ▸
- General meeting, 15-05-2007
- Director reappointment, Jan A Van de Steen (director)
- Director reappointment, Dirk G. Van de Steen (director)
- Mandate compensation, Jan A Van de Steen
- Mandate compensation, Dirk G. Van de Steen
- Director resignation, Robrecht Van de Steen (managing director)
- Director resignation, Jan Andries (director)
- Director discharge, Robrecht Van de Steen
- Director discharge, Jan Andries
2005
25-07
State Gazette act
Reappointments: R Van de Steen, Hilde Van de Steen and J AndriesMandate compensation9 facts ▸
State Gazette act
Reappointments: R Van de Steen, Hilde Van de Steen and J Andries
Mandate compensation9 facts ▸
- General meeting, 17-05-2005
- Director reappointment, R Van de Steen (director)
- Director reappointment, Hilde Van de Steen (director)
- Director reappointment, J Andries (director)
- Mandate compensation, R Van de Steen
- Mandate compensation, Hilde Van de Steen
- Mandate compensation, J Andries
- Board meeting, 17-05-2005
- Director reappointment, R Van de Steen (chair and managing director)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 directors, no change since 2020
Dirk Van de Steen
CurrentDirector · since 17-05-2011
Jan Van de Steen
CurrentDirector · since 17-05-2011
Luc Van de Steen
Not recently confirmedDirector · since 20-05-2014
Hilde Godelieve Van de Steen
Not recently confirmedDirector · since 20-05-2008
Luc Peter Van de Steen
Not recently confirmedDirector · since 20-05-2008
Dirk G. Van de Steen
Not recently confirmedDirector
3 other directors
Jan A Van de Steen
Not recently confirmedDirector
J Andries
Not recently confirmedDirector · since 17-05-2005
R Van de Steen
Not recently confirmedDirector · since 17-05-2005
22-06-2020
Robrecht Van de Steen: Resigned as Director
19-05-2020
Luc Van de Steen: Mandate renewed as Director
19-05-2020
Robrecht Van de Steen: Mandate renewed as Director
16-05-2017
Dirk Van de Steen: Mandate renewed as Director
16-05-2017
Jan Van de Steen: Mandate renewed as Director
Location & real-estate footprint
Registered office, Brasschaat · 1 establishment unit since 1947
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.
Vriesedonklei 242930 BrasschaatGround area
788 m²
Building footprint
277 m²
Volume, LiDAR
1,935 m³
Parcel 11322E0270/00N000, Flanders · tallest building 13.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vriesedonklei 24, 2930 Brasschaat
since 19472.004.350.095
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11322E0270/00N000 | Flanders | 788 m² | 1 · 277 m² | 13.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Articles of association
Purpose
Het vermogensbeheer in de ruimste zin van het woord. Hieronder is te verstaan alle verrichtingen verband houdend met beleggingsobjecten, zowel van roerende als van onroerende aard
Full purpose
Het vermogensbeheer in de ruimste zin van het woord. Hieronder is te verstaan alle verrichtingen verband houdend met beleggingsobjecten, zowel van roerende als van onroerende aard...
Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Acquisitions and mergers
1 transactionTook over:Lapide
Capital and shareholders
Capital over the years
- 07-03-2024 Capital reduction of 3,600,000 EUR · to 1,900,000 EUR · repaid to the shareholders
- 15-04-2022 Capital stated in 2 acts · 5,500,000 EUR · 49,432 shares
- 14-03-2014 Capital increase of 862,340.16 EUR · to 2,762,340.16 EUR · 15,432 new shares · in kind
- 14-03-2014 Capital increase of 2,737,659.84 EUR · to 5,500,000 EUR · no new shares · from reserves
Recognitions · licences · registrations
Legal Entity Identifier
875500IB22Q7D1QER451
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-01-1968
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.