VEEDIAM
ActiveSummary
The available accounts are not entirely expressed in euros. Calculating a bankruptcy probability requires a reliable currency conversion. The 2025 annual accounts show equity of USD 15.0m and a net result of USD 68,692. Its solvency ranks better than 54% of 5048 sector peers (fiscal year 2025). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Checked 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
This company filed its last 7 accounts on average 58 days before 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)
History
Go further with this company
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Amounts retain their source currency, without conversion. Different currencies are not compared or combined in one chart; mixed amounts within a fiscal year are withheld.
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €45.5m | €111.4m | €64.8m | €42.1m | USD 30.8m | ▼ 26.6% |
| Turnover70 | €45.5m | €111.4m | €64.7m | €42.0m | USD 30.8m | ▼ 26.6% |
| Other operating income74 | €3,592 | €338 | €78,200 | €6,812 | USD 583 | ▼ 91.4% |
| Non-recurring operating income76A | - | €15,921 | €1,747 | €121 | - | - |
| Operating charges60/66A | €42.9m | €110.7m | €64.2m | €43.3m | USD 29.8m | ▼ 31.1% |
| Goods for resale, raw materials and consumables60 | €42.5m | €108.9m | €63.2m | €41.9m | USD 29.0m | ▼ 30.7% |
| Change in stocks: decrease (increase)609 | -€9.3m | €7.6m | €2.6m | €312,805 | -USD 2.7m | ▼ 956% |
| Services and other goods61 | €337,041 | €1.3m | €884,093 | €825,197 | USD 673,938 | ▼ 18.3% |
| Remuneration, social security and pensions62 | €86,278 | €20,391 | €63,998 | €93,562 | USD 102,821 | ▲ 9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34,111 | €56,853 | €61,674 | €59,110 | USD 57,624 | ▼ 2.5% |
| Other operating charges640/8 | €19,653 | €394,800 | €47,354 | €406,310 | USD 7,870 | ▼ 98.1% |
| Non-recurring operating charges66A | - | - | €11,642 | €47,276 | - | - |
| Operating profit (loss)9901 | €2.6m | €727,904 | €544,220 | -€1.2m | USD 1.0m | ▲ 181% |
| Recurring financial income75 | €57,193 | €67,149 | €49,173 | €27,313 | USD 15,627 | ▼ 42.8% |
| Other financial income752/9 | €57,193 | €67,149 | €49,173 | €27,313 | USD 15,627 | ▼ 42.8% |
| Financial charges65/66B | €667,537 | €558,256 | €442,266 | €462,314 | USD 890,481 | ▲ 92.6% |
| Recurring financial charges65 | €667,537 | €558,256 | €442,266 | €462,314 | USD 890,481 | ▲ 92.6% |
| Debt charges650 | €421,664 | €365,436 | €318,363 | €310,679 | USD 615,745 | ▲ 98.2% |
| Other financial charges652/9 | €245,873 | €192,820 | €123,903 | €151,635 | USD 274,736 | ▲ 81.2% |
| Profit (loss) for the period before taxes9903 | €2.0m | €236,797 | €151,127 | -€1.7m | USD 128,886 | ▲ 108% |
| Income taxes67/77 | €82,007 | €195,611 | €136,820 | €82,045 | USD 60,194 | ▼ 26.6% |
| Taxes670/3 | €82,007 | €195,611 | €138,173 | €82,048 | USD 60,194 | ▼ 26.6% |
| Tax adjustments and reversals of tax provisions77 | - | - | €1,353 | €3 | - | - |
| Profit (loss) for the period9904 | €1.9m | €41,186 | €14,307 | -€1.8m | USD 68,692 | ▲ 104% |
| Profit (loss) for the period to be appropriated9905 | €1.9m | €41,186 | €14,307 | -€1.8m | USD 68,692 | ▲ 104% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €32.4m | €33.2m | €30.7m | €27.8m | USD 30.4m | ▲ 9.2% |
| Fixed assets21/28 | €5.6m | €1.8m | €828,743 | €650,249 | USD 592,718 | ▼ 8.8% |
| Tangible fixed assets22/27 | €798,241 | €859,771 | €828,386 | €649,191 | USD 591,568 | ▼ 8.9% |
| Land and buildings22 | €757,744 | €712,747 | €690,248 | €530,775 | USD 516,049 | ▼ 2.8% |
| Plant, machinery and equipment23 | €39,832 | €22,656 | €17,770 | €31,331 | USD 21,717 | ▼ 30.7% |
| Furniture and vehicles24 | €665 | €124,368 | €120,368 | €87,085 | USD 53,802 | ▼ 38.2% |
| Financial fixed assets28 | €4.8m | €985,357 | €357 | €1,058 | USD 1,150 | ▲ 8.7% |
| Other financial fixed assets284/8 | €4.8m | €985,357 | €357 | €1,058 | USD 1,150 | ▲ 8.7% |
| Shares284 | €357 | €357 | €357 | €357 | USD 357 | = |
| Amounts receivable and cash guarantees285/8 | €4.8m | €985,000 | - | €701 | USD 793 | ▲ 13.1% |
| Current assets29/58 | €26.9m | €31.3m | €29.9m | €27.2m | USD 29.8m | ▲ 9.6% |
| Stocks and contracts in progress3 | €11.4m | €12.8m | €10.2m | €9.9m | USD 12.6m | ▲ 27.1% |
| Stocks30/36 | €11.4m | €12.8m | €10.2m | €9.9m | USD 12.6m | ▲ 27.1% |
| Goods purchased for resale34 | €11.4m | €12.8m | €10.2m | €9.9m | USD 12.6m | ▲ 27.1% |
| Amounts receivable within one year40/41 | €14.5m | €15.9m | €14.4m | €13.7m | USD 14.6m | ▲ 6.4% |
| Trade receivables40 | €14.5m | €15.9m | €14.4m | €13.7m | USD 14.6m | ▲ 6.5% |
| Other amounts receivable41 | €23,089 | €18,530 | €30,893 | €36,226 | USD 24,490 | ▼ 32.4% |
| Cash at bank and in hand54/58 | €996,376 | €2.6m | €5.3m | €3.5m | USD 2.6m | ▼ 27.1% |
| Deferred charges and accrued income490/1 | €14,042 | €13,586 | €14,800 | €16,981 | USD 21,313 | ▲ 25.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €32.4m | €33.2m | €30.7m | €27.8m | USD 30.4m | ▲ 9.2% |
| Equity10/15 | €14.5m | €16.7m | €16.7m | €14.9m | USD 15.0m | ▲ 0.5% |
| Contributions10/11 | €4.0m | €4.0m | €4.0m | €4.0m | USD 4.0m | = |
| Capital10 | €4.0m | €4.0m | €4.0m | €4.0m | USD 4.0m | = |
| Issued capital100 | €4.0m | €4.0m | €4.0m | €4.0m | USD 4.0m | = |
| Reserves13 | €10.5m | €12.7m | €12.7m | €12.7m | USD 12.7m | = |
| Non-distributable reserves130/1 | €405,552 | €405,552 | €405,552 | €405,552 | USD 405,553 | = |
| Legal reserve130 | €405,552 | €405,552 | €405,552 | €405,552 | USD 405,553 | = |
| Distributable reserves133 | €10.1m | €12.3m | €12.3m | €12.3m | USD 12.3m | = |
| Profit (loss) carried forward14 | - | - | - | -€1.8m | -USD 1.7m | ▲ 3.9% |
| Amounts payable17/49 | €17.9m | €16.5m | €14.0m | €12.9m | USD 15.3m | ▲ 19.2% |
| Amounts payable after more than one year17 | €8.8m | €8.7m | €8.7m | €8.7m | USD 8.6m | ▼ 0.2% |
| Financial debts170/4 | €8.8m | €8.7m | €8.7m | €8.7m | USD 8.6m | ▼ 0.2% |
| Credit institutions173 | €183,454 | €99,747 | €59,069 | €20,701 | - | - |
| Other loans174 | €8.6m | €8.6m | €8.6m | €8.6m | USD 8.6m | = |
| Amounts payable within one year42/48 | €9.1m | €7.7m | €5.3m | €4.2m | USD 6.7m | ▲ 59.3% |
| Current portion of amounts payable after more than one year42 | €94,003 | €34,126 | €36,187 | €34,835 | USD 2.5m | ▲ 6,953% |
| Financial debts43 | €3.4m | €2.7m | €665,020 | €485,052 | - | - |
| Credit institutions430/8 | €3.4m | €2.7m | €665,020 | €485,052 | - | - |
| Trade debts44 | €4.6m | €3.0m | €2.2m | €1.3m | USD 1.6m | ▲ 25.2% |
| Suppliers440/4 | €4.6m | €3.0m | €2.2m | €1.3m | USD 1.6m | ▲ 25.2% |
| Taxes, remuneration and social security45 | €99,107 | €222,542 | €182,725 | €165,267 | USD 158,879 | ▼ 3.9% |
| Taxes450/3 | €79,599 | €222,542 | €162,819 | €103,810 | USD 87,995 | ▼ 15.2% |
| Remuneration and social security454/9 | €19,508 | - | €19,906 | €61,457 | USD 70,884 | ▲ 15.3% |
| Other amounts payable47/48 | €957,876 | €1.8m | €2.2m | €2.2m | USD 2.5m | ▲ 10.8% |
| Accrued charges and deferred income492/3 | €11,276 | €17,802 | €2,622 | €317 | USD 212 | ▼ 33.1% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.9m | €41,186 | €14,307 | -€1.8m | USD 68,692 | ▲ 104% |
| + Depreciation and write-downs630 | €34,111 | €56,853 | €61,674 | €59,110 | USD 57,624 | ▼ 2.5% |
| Operating cash flow (approximation) | €1.9m | €98,039 | €75,981 | -€1.7m | USD 126,316 | ▲ 107% |
| Investment in fixed assets (approximation) | - | - | €954,711 | €119,384 | -USD 93 | ▼ 100% |
| Change in cash | - | - | €2.7m | -€1.7m | -USD 960,903 | ▲ 44.3% |
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
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1178/00S008 | Flanders | 3,046 m² | 1 · 2,904 m² | 46.0 m · 8 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.