VEEKEMANS
ActiveThe annual accounts of VEEKEMANS for fiscal year 2025 show a net loss of 75% of the equity at the start of that year. The 2025 annual accounts show equity of €77k and a net result of €-230k. Equity is shrinking by ~17.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 20% of 479 sector peers (fiscal year 2025). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
45
/ 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
Profitability0▼-100
Solvency39▼-29
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.75 against 1.73 in 2024; short-term debt: 51.1% and cash: 25.6% of total assets), but 86.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
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
Solvency
13.6%
Return on assets
-40.8%
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 479 sector peers (2025).
NBB · sector comparisonPosition among 479 sector peers
Solvency
better than 20%
← weakest
strongest →
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
28 d early
2023
85 d early
2022
90 d early
2021
81 d early
2020
85 d early
2019
25 d early
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€77k▼ 75.0%
2024 · €307k
2018: €1.28M
2019: €1.29M
2020: €1.19M
2021: €938k
2022: €935k
2023: €925k
2024: €307k
2018 → 2025
Total assets
€565k▼ 20.1%
2024 · €707k
2018: €2.34M
2019: €2.16M
2020: €2.26M
2021: €1.65M
2022: €1.58M
2023: €1.95M
2024: €707k
2018 → 2025
Net result
€-230k
2024 · €652k
2018: €400k
2019: €345k
2020: €354k
2021: €200k
2022: €197k
2023: €503k
2024: €652k
2018 → 2025
Working capital
€216k▼ 25.6%
2024 · €291k
2018: €1.11M
2019: €1.12M
2020: €1.08M
2021: €861k
2022: €797k
2023: €759k
2024: €291k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€938k-€935k▼ 0.3%€925k▼ 1.1%€307k▼ 66.8%€77k▼ 75.0%
Operating result€271k-€255k▼ 6.0%€676k▲ 165%€878k▲ 29.9%€-227k
Net result€200k-€197k▼ 1.6%€503k▲ 155%€652k▲ 29.8%€-230k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €227k after €878k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €565k
Fixed assets
€60k▲ 271%
Current assets
€505k▼ 26.9%
Equity and liabilities €565k
Equity
€77k▼ 75.0%
Debt
€488k▲ 22.0%
The debt ratio rises from 56.6% to 86.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-214k▼
2024 · €887k
Cash flow
€-218k▼
2024 · €662k
Solvency
13.6%▼
2024 · 43.4%
Current ratio
1.75▲
2024 · 1.73
Quick ratio
1.05▼
2024 · 1.23
Debt / equity
6.37▲
2024 · 1.30
ROE
-300.5%▼
2024 · 212.6%
ROA
-40.8%▼
2024 · 92.3%
Interest coverage
-43.62▼
2024 · 320.40
Debt
€488k▲
2024 · €400k
Debt ≤ 1 year
€288k▼
2024 · €400k
Debt > 1 year
€200k
Income taxes
€0▼
2024 · €225k
Staff costs
€693k▲
2024 · €658k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€707k€565k▼
Fixed assets21/28€16k€60k▲
Tangible fixed assets22/27€16k€60k▲
Land and buildings22€0-
Plant, machinery and equipment23€16k€47k▲
Furniture and vehicles24€0€12k▲
Financial fixed assets28-€250
Current assets29/58€691k€505k▼
Stocks and contracts in progress3€199k€203k▲
Stocks30/36€199k€203k▲
Amounts receivable within one year40/41€119k€151k▲
Trade receivables40€99k€99k=
Other amounts receivable41€20k€52k▲
Cash at bank and in hand54/58€363k€145k▼
Deferred charges and accrued income490/1€10k€6k▼
Equity and liabilities
Total equity and liabilities10/49€707k€565k▼
Equity10/15€307k€77k▼
Contributions10/11€19k€19k=
Reserves13€288k€58k▼
Distributable reserves133€288k€58k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€400k€488k▲
Amounts payable after more than one year17-€200k
Financial debts170/4-€200k
Amounts payable within one year42/48€400k€288k▼
Current portion of amounts payable after more than one year42-€28k
Financial debts43€167k€0▼
Credit institutions430/8€167k€0▼
Trade debts44€98k€142k▲
Suppliers440/4€98k€142k▲
Taxes, remuneration and social security45€125k€117k▼
Taxes450/3€61k€39k▼
Remuneration and social security454/9€64k€77k▲
Other amounts payable47/48€10k€1k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€7k€0▼
Remuneration, social security and pensions62€658k€693k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€12k▲
Other operating charges640/8€21k€21k▼
Non-recurring operating charges66A€3k€0▼
Gross operating margin9900€1.57M€500k▼
Operating profit (loss)9901€878k€-227k▼
Financial income75/76B€3k€1k▼
Recurring financial income75€3k€1k▼
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€878k€-230k▼
Income taxes67/77€225k€0▼
Profit (loss) for the period9904€652k€-230k▼
Profit (loss) for the period to be appropriated9905€652k€-230k▼
Appropriation of the result
Profit (loss) to be appropriated9906€652k€-230k▼
Transfer from equity791/2€919k€230k▼
Transfer to equity691/2€301k€0▼
To other reserves6921€301k€0▼
Profit to be distributed694/7€1.27M€0▼
Return on contributions (dividend)694€1.26M€0▼
Employees696€7k€0▼
Social balance
Average headcount (FTE)908710.811.0▲
The notes to these accounts (20 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-230k ▼135%
Net result drops to €-230k, the lowest in the series.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €652k ▲29.8%
Operating result €878k, net result €652k, both a record.
07-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
07-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
08-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Sint-Katelijne-Waver · 1 establishment unit since 1991
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.
Drevendaal 242860 Sint-Katelijne-WaverGround area
9,059 m²
Building footprint
3,343 m²
Volume, LiDAR
22,360 m³
Parcel 12422D0239/00X000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VEEKEMANS
since 19912.055.334.186
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12422D0239/00X000 | Flanders | 9,059 m² | 1 · 3,343 m² | 9.1 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 4,191 EUR awarded · 4,191 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 4,191 EUR | 4,191 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 887 companies in sector 33110 we hold annual accounts for 440. 328 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-12-1991
Fiscal year end31-12
Activities, NACEBEL
33110Repair and maintenance of fabricated metal products
34201
29100Manufacture of motor vehicles, trailers and semi-trailers
34100
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50200
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.