Skip to content

VEE EXPRESS

Active
Private limited company (pre-2019)founded 199333 yrs activeCayennestraat 86 A, 8920 Langemark-Poelkapelle, BelgiumKBO/BCE: BE 0450.149.680
Summary

VEE EXPRESS has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€356,796) and a net result of €35,037. Equity is shrinking by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 5730 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Risk analysisWatch ReportCompare
VEE EXPRESSActiveChecked score 55/100
Risk analysis ReportCompare

Overview

Activity
Wholesale of live animals
NACE 46231NACE 51230
#6 oldest company in Langemark-Poelkapelle, Wholesale and retail trade sector2 sites
Size
€409,641turnover 2025
Equity
-€356,796
Profit
€35,037
Financial health
55 Fair Checked score 2025
Bankruptcy chance 12 m
1.2%
Structure
Parent
VERSUC · 100%
Accounts filed 28 d late0 of 4 deeds read
Why 55Capped at 59: negative equity- Negative equity -€356,796- Latest accounts 28 days late; 2 of the last 3 late+ Founded in 1993+ Size: turnover €409,641, total assets €497,617Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 40% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -71.7% of total assets
Liquidity 10+5
short-term debt 171.7% · cash 8.1%
Profitability 85+49
return on assets 7.0%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,775 companies)
Last 24 months 11-2024: 14.5% 12-2024: 15.6%▲ +7.5% vs 11-2024 01-2025: 18.6%▲ +19.0% vs 12-2024highest value 02-2025: 18.6%● 0.0% vs 01-2025highest value 03-2025: 18.6%● 0.0% vs 02-2025highest value 04-2025: 17.4%▼ -6.4% vs 03-2025 05-2025: 13.1%▼ -24.7% vs 04-2025 06-2025: 13.1%● 0.0% vs 05-2025 07-2025: 13.1%● 0.0% vs 06-2025 08-2025: 3.8%▼ -71.2% vs 07-2025 09-2025: 3.9%▲ +2.4% vs 08-2025 10-2025: 4.8%▲ +24.7% vs 09-2025 11-2025: 4.5%▼ -6.9% vs 10-2025 12-2025: 5.4%▲ +19.9% vs 11-2025 01-2026: 1.8%▼ -67.2% vs 12-2025 02-2026: 1.8%● 0.0% vs 01-2026 03-2026: 1.7%▼ -2.2% vs 02-2026 04-2026: 1.7%● 0.0% vs 03-2026 05-2026: 1.8%▲ +2.6% vs 04-2026 06-2026: 1.7%▼ -5.9% vs 05-2026 07-2026: 1.8%▲ +6.8% vs 06-2026 08-2026: 2.3%▲ +31.4% vs 07-2026 09-2026: 1.2%▼ -50.9% vs 08-2026lowest value 10-2026: 1.2%● 0.0% vs 09-2026lowest value
  • Founded in 1993 lowers the probability for this profile
  • Negative equity -€356,796 raises the probability
  • Size: turnover €409,641, total assets €497,617 lowers the probability for this profile
  • Latest accounts 28 days late; 2 of the last 3 late raises the probability
No credit on open account
Liquidity short (current ratio 0.16 against 0.15 in 2024; short-term debt: 171.7% and cash: 8.1% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 6%, liquidity 11%, profitability 80%, growth against the median 62%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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
lowers risk · Founded in 1993
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Negative equity -€356,796
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: turnover €409,641, total assets €497,617
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Latest accounts 28 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 5730 sector peers (2025).
NBB · sector comparison
Position among 5730 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
137 d late
2023
334 d late
2022
337 d late
2021
225 d late
2020
590 d late
2019
371 d late
← 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 289 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

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. Usually files around 12 March (4 of the last 5 filed years within 112 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Back to profitnet €35,037
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€356,796 View
  • Caution: Among the weakest 5% on solvencysector median 45.5% · 5,730 companies -71.7% View
  • Controlled by VERSUC 100% View

By topic

Financials

Fiscal year
2025
Turnover
€409,641
Profit
€35,037
Solvency
-71.7%
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-07-2027
  1. 28-08-2026Annual accounts filed
  2. 31-12-2025Back to profit
  3. 15-12-2025Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company (pre-2019)
Activity
Wholesale of live animalsNACE 46231
Founded
28-05-1993
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure