Financials
- Financial year
- 2024
- Total assets
- €157,380
- Profit
- €21,383
- Solvency
- 63.2%
Total assets▲ 0.8%
Net result
20222024
VEGA & CO
ActiveSummary
The computed 12-month bankruptcy probability of VEGA & CO is 6.7% (elevated). The 2024 annual accounts show equity of €99,516 and a net result of €21,383. Equity is growing by about 33% per year across the filed financial years. Its solvency ranks better than 69% of 35,976 sector peers (NACE 43, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Plumbing work
NACE 43221
6 sites
Size
€157,380total assets 2024
- Equity
- €99,516
- Profit
- €21,383
Turnover not published (micro format)
Structure
2025 accounts not filed, 87 days past the deadline1 deed in the Belgian Official Gazette
Why 38raises risk1 financial year not filed after the legal deadline; last filed accounts filed 300 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 27-05-2026)Size: total assets €157,380lowers riskLiquidity: current ratio 2.31, cash €47,186Show the evidence
Checked score
Score 2024
38
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 72% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Strong
Solvency
88+13
equity 63.2% of total assets
Liquidity
79+15
short-term debt 23.9% · cash 30.0%
Profitability
86-7
return on assets 13.6%
Bankruptcy probability, 12 months
6.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 5.5%
12-2024: 6.7%▲ +1.2 percentage points vs 11-2024
01-2025: 9.8%▲ +3.1 percentage points vs 12-2024
02-2025: 9.8%● unchanged vs 01-2025
03-2025: 10.1%▲ +0.3 percentage points vs 02-2025
04-2025: 9.3%▼ -0.8 percentage points vs 03-2025
05-2025: 9.3%● unchanged vs 04-2025
06-2025: 9.1%▼ -0.2 percentage points vs 05-2025
07-2025: 9.1%● unchanged vs 06-2025
08-2025: 11.1%▲ +2.0 percentage points vs 07-2025
09-2025: 10.9%▼ -0.2 percentage points vs 08-2025
10-2025: 10.9%● unchanged vs 09-2025
11-2025: 11.8%▲ +0.9 percentage points vs 10-2025
12-2025: 9.7%▼ -2.1 percentage points vs 11-2025
01-2026: 12.9%▲ +3.2 percentage points vs 12-2025
02-2026: 12.9%● unchanged vs 01-2026
03-2026: 13.2%▲ +0.3 percentage points vs 02-2026highest value
04-2026: 12.4%▼ -0.8 percentage points vs 03-2026
05-2026: 12.4%● unchanged vs 04-2026
06-2026: 3.5%▼ -8.9 percentage points vs 05-2026lowest value
07-2026: 3.5%● unchanged vs 06-2026
08-2026: 4.6%▲ +1.1 percentage points vs 07-2026
09-2026: 5.1%▲ +0.5 percentage points vs 08-2026
10-2026: 6.7%▲ +1.6 percentage points vs 09-2026
Credit of up to €3,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 2.31, compared with 1.52 in 2023, above the usual 1.5; short-term debt: 23.9% and cash: 30% of total assets), and 36.8% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 69% on solvency, 77% on liquidity, 70% on profitability and 73% on growth.
The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 87 days later.
NBB · 3 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline26-10-2026 today
raises risk · 2024 accounts filed 300 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-05-2026, 300 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
300 days late
2023
476 days late
2022
85 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 287 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
- Weakest financial yearnet €21,383 ▼28.4%
Key points
By topic
Timeline
- Events
- 4
- Since
- 2023
- 24-10-2023Annual accounts filed
Company details
- Sites
- 6
- Legal form
- Private limited company
- Activity
- Plumbing workNACE 43221
- Founded
- 04-01-2022
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about VEGA & CO
- What is the company number of VEGA & CO?
- 0779.678.971. In Belgium the VAT number is the company number with BE in front: BE 0779.678.971.
- Where is VEGA & CO based?
- The registered office is at Steenweg op Mechelen 455, 1950 Kraainem.Company details
- What does VEGA & CO do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of VEGA & CO?
- Private limited company (BV).
- When was VEGA & CO founded?
- On 04-01-2022.
- Is VEGA & CO still active?
- Yes, VEGA & CO is an active enterprise in the KBO register.
- What is the turnover of VEGA & CO?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is VEGA & CO profitable?
- In financial year 2024, VEGA & CO made a profit of €21,383.
- Where can I find the annual accounts of VEGA & CO?
- VEGA & CO filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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