VEEHANDEL CMN
ActiveSummary
VEEHANDEL CMN has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71k and a net result of €36k. Equity is growing by ~37.6% per year across the filed fiscal years. Its solvency ranks better than 20% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+12
Solvency38▲+7
Growth78=
Track record94
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.83 against 0.81 in 2024; short-term debt: 72.8% and cash: 14.6% of total assets), and 86.6% 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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
13.4%
Return on assets
6.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 8001 sector peers (2025).
NBB · sector comparisonPosition among 8001 sector peers
Solvency
better than 20%
← 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 31-08-2026, 31 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 · 5 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
92 d late
2022
31 d late
2021
25 d late
← 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
€71k▲ 102%
2024 · €35k
2021: €19k
2022: €19k
2023: €24k
2024: €35k
2021 → 2025
Total assets
€532k▼ 11.0%
2024 · €598k
2021: €438k
2022: €552k
2023: €592k
2024: €598k
2021 → 2025
Net result
€36k▲ 210%
2024 · €12k
2021: €9k
2022: €870
2023: €4k
2024: €12k
2021 → 2025
Working capital
€-67k▲ 35.2%
2024 · €-103k
2021: €-71k
2022: €-72k
2023: €-47k
2024: €-103k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€19k-€19k▲ 4.7%€24k▲ 22.2%€35k▲ 49.3%€71k▲ 102%
Operating result€14k-€7k▼ 49.2%€17k▲ 133%€25k▲ 47.1%€55k▲ 124%
Net result€9k-€870▼ 89.8%€4k▲ 394%€12k▲ 172%€36k▲ 210%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 124% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €532k
Fixed assets
€212k ▲ 28.1%
Current assets
€321k ▼ 25.9%
Equity and liabilities €532k
Equity
€71k ▲ 102%
Debt
€461k ▼ 18.1%
Debt's share of the balance-sheet total falls from 94.1% to 86.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€90k▲
2024 · €48k
Cash flow
€71k▲
2024 · €35k
Current ratio
0.83▲
2024 · 0.81
Quick ratio
0.48▲
2024 · 0.31
Debt to equity
6.45▼
2024 · 15.92
ROE
50.5%▲
2024 · 33.0%
ROA
6.8%▲
2024 · 2.0%
Interest coverage
18.11▲
2024 · 5.24
Debt ≤ 1 year
€387k▼
2024 · €536k
Debt > 1 year
€74k▲
2024 · €27k
Income taxes
€14k▲
2024 · €4k
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€598k€532k▼
Fixed assets21/28€165k€212k▲
Tangible fixed assets22/27€165k€212k▲
Plant, machinery and equipment23€130k€118k▼
Furniture and vehicles24€36k€93k▲
Current assets29/58€433k€321k▼
Stocks and contracts in progress3€266k€135k▼
Stocks30/36€266k€135k▼
Amounts receivable within one year40/41€113k€103k▼
Trade receivables40€105k€95k▼
Other amounts receivable41€8k€8k▲
Cash at bank and in hand54/58€50k€78k▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€598k€532k▼
Equity10/15€35k€71k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€25k€61k▲
Amounts payable17/49€563k€461k▼
Amounts payable after more than one year17€27k€74k▲
Financial debts170/4€27k€74k▲
Amounts payable within one year42/48€536k€387k▼
Current portion of amounts payable after more than one year42€9k€24k▲
Trade debts44€180k€68k▼
Suppliers440/4€180k€68k▼
Taxes, remuneration and social security45€12k€27k▲
Taxes450/3€10k€23k▲
Remuneration and social security454/9€2k€4k▲
Other amounts payable47/48€334k€268k▼
Income statement
Code20242025
Non-recurring operating income76A€6k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€35k▲
Other operating charges640/8€1k€3k▲
Gross operating margin9900€49k€93k▲
Operating profit (loss)9901€25k€55k▲
Financial income75/76B-€10
Recurring financial income75-€10
Financial charges65/66B€9k€5k▼
Recurring financial charges65€9k€5k▼
Profit (loss) for the period before taxes9903€15k€50k▲
Income taxes67/77€4k€14k▲
Profit (loss) for the period9904€12k€36k▲
Profit (loss) for the period to be appropriated9905€12k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€25k€61k▲
Profit (loss) brought forward from the previous period14P€14k€25k▲
The notes to these accounts (7 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Highest result since 2021net €36k ▲210%
Operating result €55k, net result €36k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 92 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €870 ▼89.8%
Net result drops to €870, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Haaltert · 1 establishment unit since 2021
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.
Heldergemstraat(HE) 169450 HaaltertGround area
3,012 m²
Building footprint
1,316 m²
Volume, LiDAR
5,973 m³
Parcel 41025A0556/00S000, Flanders · tallest building 10.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VEEHANDEL CMN
since 20212.316.055.934
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41025A0556/00S000 | Flanders | 3,012 m² | 1 · 1,316 m² | 10.1 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHaaltert2.316.055.934
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Of 408 companies in sector 46110 we hold annual accounts for 172. 124 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
46110Wholesale trade
01500Mixed farming
01630Crop and animal production, hunting and related service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.