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VEGRID

Active
Private limited companyfounded 2005active for 21 yearsNieuwstraat 10, 2440 Geel, BelgiumKBO/BCE: BE 0875.883.967
Summary

VEGRID has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74,943 and a net result of €21,514. Equity has been shrinking by about 9.2% per year since 2019. Its solvency ranks better than 52% of 12,775 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 06-09-2005 Normal situation
Activity
Retail sale of footwear NACE 47721and 1 other
Establishment unit
2.148.880.293 2440 Geel, since 15-09-2005
Financial year end
30 June
Peppol
Reachable since 31-03-2026

Board and ownership

Board

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-06-2025
Gross margin
€57,920
▲ 91.9%
Turnover
≈ €280,000
estimated
Profit
€21,514
Equity
€74,943
▼ 65.8%
Total assets
€196,944
▼ 46.3%
Score breakdownraises riskSector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 1.56, cash €93,824Founded in 2005Equity €74,943 (38.1% of total assets)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 53% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 63-22
equity 38.1% of total assets
Liquidity 68-11
short-term debt 61.6% · cash 47.6%
Profitability 82+14
return on assets 10.9%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 0.1%lowest value 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.56 (2.26 in 2024), above the usual 1.5. Short-term debt is 61.6% and cash 47.6% of total assets. However, 61.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 47, micro). It does better than 53% of them on solvency, 74% on liquidity, 75% on profitability and 9% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.56, cash €93,824
NBB · annual accounts
lowers risk · Founded in 2005
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Equity €74,943 (38.1% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-12-2025, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 days early
2024
53 days early
2023
54 days early
2022
55 days early
2021
52 days early
2020
48 days early
2019
45 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 51 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 9 December (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end03-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Equity fell in 2025from €218,849 to €74,943 ▼ 65.8% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Resignations: JANSSENS Christel (director) and MENTENS Kristin (director)Appointment: MENTENS Kristin (director) · Permanent representative: MENTENS Kristin
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as VEGRID: retail sale of footwear (NACE 47721). They are comparable in size and age: total assets between €164,000 and €254,000, founded between 2002 and 2008.

CompanyTotal assetsGross margin
VEGRID Geel€196,944€57,920
JOCHEMS Zoersel€223,503€56,936
BIRBO Genk€206,606€69,459
VULLERS GENIA Izegem€253,628€62,774
Ilodé Hasselt€185,247€44,506
PIM PAM POEN Brugge€164,708€45,938
LOUTRAKIS Machelen (Brab.)€164,205€45,151
Full comparison

Key facts about VEGRID

What is the company number of VEGRID?
The company number of VEGRID is 0875.883.967. The VAT number is the same number with BE in front: BE 0875.883.967.
Where is VEGRID based?
The registered office is at Nieuwstraat 10, 2440 Geel.Company details
What does VEGRID do?
According to the KBO register, the main activity is retail sale of footwear (NACE 47721).
What is the legal form of VEGRID?
The legal form of VEGRID is Private limited company (BV).
When was VEGRID founded?
VEGRID was founded on 06-09-2005.
Is VEGRID still active?
Yes, VEGRID is an active enterprise in the KBO register.
What is the turnover of VEGRID?
The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €57,920 and 73 comparable companies (NACE 477). It probably lies between €140,000 and €410,000.Financials
Is VEGRID profitable?
In financial year 2025, VEGRID made a profit of €21,514.
Where can I find the annual accounts of VEGRID?
VEGRID filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VEGRID due?
VEGRID must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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