Equity
€1,345 from €485,851 in 2019
Equity fell by 100% in 6 years.
VEJA
Lifetime
20 annual accounts with figures on one time axis, 33 filings since 1993peak €1.1m (2025)
€1.1m▲ 18.9%
lowest -€320,315 (2022)
-€13,070▼ €16,650
peak €485,851 (2019)
€1,345▼ 90.7%
€790,352▲ 1.5%
peak 17.4 FTE (2019)
13.9 FTE▲ 13.0%
Board1 name since 2021
1 directorPIETER DE JAECK
Owners
99.92%Pieter De Jaeck
Documentsfilings and deeds
10-07-202621 days before the deadline
2025abbreviated format
Gross margin from €929,654 to €1.1mLoss of €13,070Staff from 12.3 FTE to 13.9 FTEEquity from €14,415 to €1,345Cash from €3,358 to €17,473
Key points
from the 2025 annual accountsDebts
€790,352 100% of the balance sheet
Financial debts 36%Suppliers 4%Taxes and wages 40%Other 21%
Of this, €507,713 falls due within a year.
Position in the sector
0.2%
Lower solvency than 89% of companies in construction of buildings. Sector median 38.6% · 2,816 companies.
Checked score
51
Fair
Financially stronger than 19% of small companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 911 companies (NACE 41, small).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.3%
01-2025: 3.2%▼ -0.1 percentage points vs 12-2024
02-2025: 3.2%● unchanged vs 01-2025
03-2025: 3.2%● unchanged vs 02-2025
04-2025: 3.1%▼ -0.1 percentage points vs 03-2025
05-2025: 3.2%▲ +0.1 percentage points vs 04-2025
06-2025: 3.0%▼ -0.2 percentage points vs 05-2025
07-2025: 3.5%▲ +0.5 percentage points vs 06-2025highest value
08-2025: 3.0%▼ -0.5 percentage points vs 07-2025
09-2025: 3.0%● unchanged vs 08-2025
10-2025: 3.0%● unchanged vs 09-2025
11-2025: 3.0%● unchanged vs 10-2025
12-2025: 3.0%● unchanged vs 11-2025
01-2026: 3.0%● unchanged vs 12-2025
02-2026: 3.0%● unchanged vs 01-2026
03-2026: 3.0%● unchanged vs 02-2026
04-2026: 3.0%● unchanged vs 03-2026
05-2026: 3.0%● unchanged vs 04-2026
06-2026: 2.9%▼ -0.1 percentage points vs 05-2026
07-2026: 2.9%● unchanged vs 06-2026
08-2026: 2.1%▼ -0.8 percentage points vs 07-2026lowest value
09-2026: 2.1%● unchanged vs 08-2026lowest value
10-2026: 2.1%● unchanged vs 09-2026lowest value
11-2026: 2.1%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Equity €1,345 (0.2% of total assets)
Sector: Construction of residential and non-residential buildings (NACE 41)
Size: 13.9 FTE, total assets €791,697
Liquidity: current ratio 1.39, cash €17,473
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 41, small). It does better than 7% of them on solvency, 19% on liquidity, 48% on profitability and 2% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,104 companies had the same profile as VEJA has now. Each dot stands for 3 companies, two years later.
94.2%
were still trading
3.6%
stopped another way
1.8%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VEJA itself: 2.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,104 companies, not a prediction for VEJA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No publishable credit limit, so credit 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 is tight, with a current ratio of 1.39 (1.81 in 2024), below the usual 1.5. Short-term debt is 64.1% and cash 2.2% of total assets. 99.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 2816 sector peers (2025).
NBB · sector comparisonPosition among 2816 sector peers
Solvency
better than 10%
← 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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 days early
2024
8 days early
2023
65 days early
2022
84 days late
2021
31 days late
2020
164 days late
2019
76 days late
← 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 37 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 July (4 of the last 5 accounts filed within 56 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Pieter De Jaeck 99.92%equity €854,228 (2025) · 30-06-2025 annual accounts of Pieter De Jaeck
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0448702303
New establishment in Knokke-Heist
veja badkamers, Dumortierlaan 46
First establishment
Provincialeweg 60, Puurs-Sint-Amands
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VEJA Puurs-Sint-Amands | €0.8m | €1.1m | 0.2% | 13.9 |
| ERIC PEETERS & C° Brecht | €0.9m | €0.8m | 28.8% | 14 |
| BOUWWERKEN VERLINDEN Lille | €0.9m | €0.9m | 2.3% | 10.6 |
| ETABLISSEMENT WALEM Philippe Braine-le-Comte | €1.0m | €1.2m | 39.2% | 15.9 |
| R.V.L. Soignies | €0.9m | €0.8m | 60.4% | 13.6 |
| ALGEMENE BOUWONDERNEMING DE SCHEPPER - VOET Maldegem | €1.0m | €0.9m | 12.2% | 12.9 |
| Guy et Dimitri FRANCOIS & fils Péruwelz | €1.1m | €0.9m | 49.4% | 14.4 |
These companies have the same main activity as VEJA: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €862,000 and €1.1m, founded between 1989 and 1998.
Official details
Source: KBO- Status
- Active since 23-11-1992Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 2 others
- Establishment units
- 2.060.591.3882890 Puurs-Sint-Amands, since 28-05-1999
- 2.304.574.4018300 Knokke-Heist, since 11-07-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 29-08-2023
Annual accounts 2025
- ≈ €1.9mestimated
- €791,697▼ 0.2%
- Employeeson 31-12-2025
- 13▼ 7.1%
- Filing
- Filed on 10-07-2026, 21 days before the end of the filing period
Insights on VEJA
VEJA files the abbreviated format. That format states no turnover. The gross margin rose from €309,709 in 2006 to €1.1m in 2025.
Pieter De Jaeck holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VEJA
- What is the company number of VEJA?
- The company number of VEJA is 0448.702.303. The VAT number is the same number with BE in front: BE 0448.702.303.
- Where is VEJA based?
- The registered office is at Provincialeweg 60, 2890 Puurs-Sint-Amands.Company details
- What does VEJA do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of VEJA?
- VEJA is a private limited company (pre-2019) (BVBA).
- When was VEJA founded?
- VEJA was founded on 23-11-1992.
- Is VEJA still active?
- Yes, VEJA is an active enterprise in the KBO register.
- How many employees does VEJA have?
- VEJA had an average of 13.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of VEJA?
- The turnover in financial year 2025 is ≈ €1.9m. This figure is estimated from the gross margin of €1.1m and 1,585 comparable companies of the same size. It probably lies between €1.3m and €3.1m. It is a rough estimate.
- Is VEJA profitable?
- In financial year 2025, VEJA made a loss of €13,070.
- Where can I find the annual accounts of VEJA?
- VEJA filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VEJA due?
- VEJA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check
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