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VEHE

Active
Private limited company (pre-2019)founded 201412 yrs activeGaribaldistraat 39, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0549.796.196
Summary

The computed 12-month bankruptcy probability of VEHE is 7.9% (elevated). For VEHE, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€869) and a net result of -€2,126. Equity is shrinking by ~71% per year across the filed fiscal years. The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability0=
Solvency0▼-43
Growth58=
Track record100
Bankruptcy probability, 12 months
7.9% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2022
Age of the figures
Age of the figures
45 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 12 years 0 20 y
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 06-06-2023, 55 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
55 d early
2021
75 d late
2020
95 d late
2019
20 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 34 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 28 March 2014, VEHE was incorporated.1 Total assets went from EUR 6,729 in 2018 to EUR 3,546 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022

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Financials · fiscal year 2022, micro schema

Equity
-€869
2021 · €1,257
Total assets
€3,546▼ 48.4%
2021 · €6,868
Net result
-€2,126▲ 5.5%
2021 · -€2,251
Working capital
-€2,930▼ 47.9%
2021 · -€1,980
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212022
Operating result-€4,664--€3,600▲ 22.8%€1,290-€2,111-€1,973▲ 6.5%
Net result-€4,741--€3,729▲ 21.3%€1,151-€2,251-€2,126▲ 5.5%
Equity€6,087-€2,358▼ 61.3%€3,509▲ 48.8%€1,257▼ 64.2%-€869
Total assets€6,729-€2,583▼ 61.6%€9,747▲ 277%€6,868▼ 29.5%€3,546▼ 48.4%
Debt€643-€225▼ 65.0%€6,239▲ 2,672%€5,611▼ 10.1%€4,415▼ 21.3%
Working capital€6,087-€2,358▼ 61.3%-€906-€1,980▼ 119%-€2,930▼ 47.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€6,000-€4,000-€2,000€0€2,000Operating result 2018: -€4,664-€4,664Net result 2018: -€4,741-€4,741Operating result 2019: -€3,600-€3,600Net result 2019: -€3,729-€3,729Operating result 2020: €1,290€1,290Net result 2020: €1,151€1,151Operating result 2021: -€2,111-€2,111Net result 2021: -€2,251-€2,251Operating result 2022: -€1,973-€1,973Net result 2022: -€2,126-€2,12620182019202020212022-€3,000-€2,000-€1,000€0€1,000Operating result 2020: €1,290€1,290Net result 2020: €1,151€1,150Operating result 2021: -€2,111-€2,110Net result 2021: -€2,251-€2,250Operating result 2022: -€1,973-€1,970Net result 2022: -€2,126-€2,130202020212022
The operating result stays negative: a loss of €1,973 in 2022 against €2,111 in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €3,546
Fixed assets €2,061 ▼ 36.4%
Current assets €1,486 ▼ 59.1%
Key figures and ratios
2022 value · change against 2021
EBITDA
-€796▲
2021 · -€934
Cash flow
-€949▲
2021 · -€1,074
Interest coverage
-5.19▲
2021 · -6.64
Debt ≤ 1 year
€4,415▼
2021 · €5,611
Ratios withheld: a balance sheet total of €3,546 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 31 lines
Balance sheet Code20212022
Assets
Total assets20/58€6,868€3,546▼
Fixed assets21/28€3,238€2,061▼
Tangible fixed assets22/27€3,238€2,061▼
Furniture and vehicles24€3,238€2,061▼
Current assets29/58€3,631€1,486▼
Amounts receivable within one year40/41€178€178=
Other amounts receivable41€178€178=
Cash at bank and in hand54/58€3,453€1,308▼
Equity and liabilities
Total equity and liabilities10/49€6,868€3,546▼
Equity10/15€1,257-€869▼
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14-€19,203-€21,329▼
Amounts payable17/49€5,611€4,415▼
Amounts payable within one year42/48€5,611€4,415▼
Trade debts44€91-
Suppliers440/4€91-
Other amounts payable47/48€5,520€4,415▼
Income statement Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,177€1,177=
Other operating charges640/8€348-
Gross operating margin9900-€586-€796▼
Operating profit (loss)9901-€2,111-€1,973▲
Financial charges65/66B€141€153▲
Recurring financial charges65€141€153▲
Profit (loss) for the period before taxes9903-€2,251-€2,126▲
Profit (loss) for the period9904-€2,251-€2,126▲
Profit (loss) for the period to be appropriated9905-€2,251-€2,126▲
Appropriation of the result
Profit (loss) to be appropriated9906-€19,203-€21,329▼
Profit (loss) brought forward from the previous period14P-€16,951-€19,203▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€293€1,177€1,177=
Other operating charges640/8---€348--
Gross operating margin9900-€4,316-€3,191€2,000-€586-€796▼ 35.8%
Operating profit (loss)9901-€4,664-€3,600€1,290-€2,111-€1,973▲ 6.5%
Financial charges65/66B---€141€153▲ 9.1%
Recurring financial charges65€78€129€139€141€153▲ 9.1%
Profit (loss) for the period before taxes9903-€4,741-€3,729€1,151-€2,251-€2,126▲ 5.5%
Profit (loss) for the period9904-€4,741-€3,729€1,151-€2,251-€2,126▲ 5.5%
Profit (loss) for the period to be appropriated9905-€4,741-€3,729€1,151-€2,251-€2,126▲ 5.5%
Line20182019202020212022Change
Assets
Total assets20/58€6,729€2,583€9,747€6,868€3,546▼ 48.4%
Fixed assets21/28--€4,415€3,238€2,061▼ 36.4%
Tangible fixed assets22/27--€4,415€3,238€2,061▼ 36.4%
Furniture and vehicles24---€3,238€2,061▼ 36.4%
Current assets29/58€6,729€2,583€5,333€3,631€1,486▼ 59.1%
Amounts receivable within one year40/41€1,342€827€1,376€178€178=
Other amounts receivable41---€178€178=
Current investments50/53-€1,756----
Cash at bank and in hand54/58€5,388-€3,956€3,453€1,308▼ 62.1%
Equity and liabilities
Total equity and liabilities10/49€6,729€2,583€9,747€6,868€3,546▼ 48.4%
Equity10/15€6,087€2,358€3,509€1,257-€869▼ 169%
Contributions10/11€18,600€18,600-€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1---€1,860€1,860=
Reserves not available under the articles1311---€1,860€1,860=
Profit (loss) carried forward14-€14,373-€18,102-€16,951-€19,203-€21,329▼ 11.1%
Amounts payable17/49€643€225€6,239€5,611€4,415▼ 21.3%
Amounts payable within one year42/48€643€225€6,239€5,611€4,415▼ 21.3%
Trade debts44€195--€91--
Suppliers440/4---€91--
Other amounts payable47/48---€5,520€4,415▼ 20.0%
Line20182019202020212022Change
Profit (loss) for the period9904-€4,741-€3,729€1,151-€2,251-€2,126▲ 5.5%
+ Depreciation and write-downs630--€293€1,177€1,177=
Operating cash flow (approximation)-€4,741-€3,729€1,444-€1,074-€949▲ 11.6%
Investment in fixed assets (approximation)---€0€0-
Change in cash----€503-€2,145▼ 326%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2023
06-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
14-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
03-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 95 days late
2020
31-12
Financial Back to profitnet €1,151
Net result €1,151 after 2 loss-making years.
20-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
22-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
11-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
09-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 9 days late
2016
17-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 17 days late
2015
27-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
7 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-Gillis (bij-Brussel) · 1 establishment unit since 2014
seat establishment The establishment unit on the map
Ground area
187 m²
Building footprint
159 m²
Volume, LiDAR
1,905 m³
2 parcels, Brussels · tallest building 20.7 m, ±6 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Emmanuel Hielstraat 11, 1030 Schaarbeek
Specialised construction activities
since 20142.231.198.750
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21910E0195/00Z005 Brussels 121 m² 1 · 94 m² 13.8 m · 4 fl.
21562A0190/00W006 Brussels 67 m² 1 · 65 m² 20.7 m · 6 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded28-03-2014
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 30 September 2026 · Peppol Directory

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