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VEKARE

Active
Public limited companyfounded 201016 yrs activeRue du Blanc-Ry 79, 1340 Ottignies-Louvain-la-Neuve, BelgiumKBO/BCE: BE 0823.614.231
Summary

VEKARE has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.8m and a net result of €36,301. Equity is growing by ~4.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability69▼-4
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500,000 at 30 days acceptable
Liquidity short (current ratio 0.96 against 1.03 in 2024; short-term debt: 1.4% and cash: 1.4% of total assets), and 1.4% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
98.6%
Return on assets
0.5%
Age of the figures
12 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 16 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
on the day
2023
1 d early
2022
44 d early
2021
23 d late
2020
11 d early
2019
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 9 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 30 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
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 1 March 2010, VEKARE was incorporated.1 Total assets went from EUR 7 million in 2018 to EUR 6.9 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€36,301▼ 85.3%
2024 · €246,146
Working capital
-€3,706
2024 · €6,142
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
Line20212022202320242025
Operating result€12,490€23,347▲ 86.9%€32,079▲ 37.4%€34,444▲ 7.4%€36,377▲ 5.6%
Net result€238,373▼ 27.7%€386,196▲ 62.0%€247,233▼ 36.0%€246,146▼ 0.4%€36,301▼ 85.3%
Equity€6.1m▲ 8.8%€6.5m▲ 6.2%€6.7m▲ 3.7%€6.8m▲ 1.3%€6.8m▼ 1.0%
Total assets€7.1m▲ 3.4%€7.2m▲ 1.6%€7.0m▼ 2.8%€7.0m▲ 0.4%€6.9m▼ 2.2%
Debt€958,820▼ 21.3%€689,841▼ 28.1%€248,828▼ 63.9%€182,789▼ 26.5%€97,500▼ 46.7%
Working capital-€358,449▼ 19.9%-€210,915▲ 41.2%-€124,977▲ 40.7%€6,142-€3,706
Result per fiscal year
Operating resultNet result
€0€100,000€200,000€300,000€400,000Operating result 2021: €12,490€12,490Net result 2021: €238,373€238,373Operating result 2022: €23,347€23,347Net result 2022: €386,196€386,196Operating result 2023: €32,079€32,079Net result 2023: €247,233€247,233Operating result 2024: €34,444€34,444Net result 2024: €246,146€246,146Operating result 2025: €36,377€36,377Net result 2025: €36,301€36,30120212022202320242025€0€100,000€200,000Operating result 2023: €32,079€32,100Net result 2023: €247,233€247,000Operating result 2024: €34,444€34,400Net result 2024: €246,146€246,000Operating result 2025: €36,377€36,400Net result 2025: €36,301€36,300202320242025
The operating result has risen four years in a row; 2025 is 6% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.9m
Fixed assets €6.8m ▼ 0.8%
Current assets €93,794 ▼ 50.4%
Equity and liabilities €6.9m
Equity €6.8m ▼ 1.0%
Debt €97,500 ▼ 46.7%
Debt's share of the balance-sheet total falls from 2.6% to 1.4%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€92,826▲
2024 · €90,893
Cash flow
€92,750▼
2024 · €302,595
Current ratio
0.96▼
2024 · 1.03
Debt to equity
0.01▼
2024 · 0.03
ROE
0.5%▼
2024 · 3.6%
ROA
0.5%▼
2024 · 3.5%
Interest coverage
1225.74▲
2024 · 64.06
Debt ≤ 1 year
€97,500▼
2024 · €182,789
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 · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€7.0m€6.9m▼
Formation expenses20€0€0=
Fixed assets21/28€6.8m€6.8m▼
Tangible fixed assets22/27€1.3m€1.3m▼
Land and buildings22€1.3m€1.3m▼
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€0€0=
Financial fixed assets28€5.5m€5.5m=
Current assets29/58€188,931€93,794▼
Amounts receivable within one year40/41€167,843€0▼
Other amounts receivable41€167,843€0▼
Cash at bank and in hand54/58€21,088€93,794▲
Equity and liabilities
Total equity and liabilities10/49€7.0m€6.9m▼
Equity10/15€6.8m€6.8m▼
Contributions10/11€815,173€815,173=
Capital10€815,173€815,173=
Issued capital100€815,173€815,173=
Reserves13€237,820€237,820=
Non-distributable reserves130/1€90,282€90,282=
Legal reserve130€90,282€90,282=
Tax-exempt reserves132€32,079€32,079=
Distributable reserves133€115,459€115,459=
Profit (loss) carried forward14€5.8m€5.7m▼
Investment grants15€23,360€18,262▼
Amounts payable17/49€182,789€97,500▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€182,789€97,500▼
Current portion of amounts payable after more than one year42€32,789€0▼
Trade debts44€0€0=
Suppliers440/4€0€0=
Taxes, remuneration and social security45-€195
Taxes450/3-€195
Other amounts payable47/48€150,000€97,305▼
Income statement Code20242025
Goods, raw materials, services and sundry goods60/61€4,838€4,068▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56,449€56,449=
Other operating charges640/8€9,867€10,205▲
Gross operating margin9900€100,760€103,030▲
Operating profit (loss)9901€34,444€36,377▲
Financial income75/76B€213,121-
Recurring financial income75€213,121-
Financial charges65/66B€1,419€76▼
Recurring financial charges65€1,419€76▼
Profit (loss) for the period before taxes9903€246,146€36,301▼
Profit (loss) for the period9904€246,146€36,301▼
Profit (loss) for the period to be appropriated9905€246,146€36,301▼
Appropriation of the result
Profit (loss) to be appropriated9906€5.9m€5.8m▼
Profit (loss) brought forward from the previous period14P€5.7m€5.8m▲
Profit to be distributed694/7€150,000€97,500▼
Return on contributions (dividend)694€150,000€97,500▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Goods, raw materials, services and sundry goods60/61---€4,838€4,068▼ 15.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56,449€56,449€56,449€56,449€56,449=
Other operating charges640/8€1,736€7,908€8,995€9,867€10,205▲ 3.4%
Gross operating margin9900€70,675€87,704€97,522€100,760€103,030▲ 2.3%
Operating profit (loss)9901€12,490€23,347€32,079€34,444€36,377▲ 5.6%
Financial income75/76B€245,920€373,220€220,480€213,121--
Recurring financial income75€245,920€373,220€220,480€213,121--
Financial charges65/66B€20,037€10,371€5,326€1,419€76▼ 94.7%
Recurring financial charges65€20,037€10,371€5,326€1,419€76▼ 94.7%
Profit (loss) for the period before taxes9903€238,373€386,196€247,233€246,146€36,301▼ 85.3%
Profit (loss) for the period9904€238,373€386,196€247,233€246,146€36,301▼ 85.3%
Profit (loss) for the period to be appropriated9905€238,373€386,196€247,233€246,146€36,301▼ 85.3%
Line20212022202320242025Change
Assets
Total assets20/58€7.1m€7.2m€7.0m€7.0m€6.9m▼ 2.2%
Formation expenses20€0€0€0€0€0-
Fixed assets21/28€7.0m€6.9m€6.9m€6.8m€6.8m▼ 0.8%
Tangible fixed assets22/27€1.5m€1.5m€1.4m€1.3m€1.3m▼ 4.2%
Land and buildings22€1.5m€1.5m€1.4m€1.3m€1.3m▼ 4.2%
Plant, machinery and equipment23€0€0€0€0€0-
Furniture and vehicles24€0€0€0€0€0-
Financial fixed assets28€5.5m€5.5m€5.5m€5.5m€5.5m=
Current assets29/58€81,334€249,902€107,474€188,931€93,794▼ 50.4%
Amounts receivable within one year40/41€62,183€223,442€73,111€167,843€0▼ 100%
Other amounts receivable41€62,183€223,442€73,111€167,843€0▼ 100%
Cash at bank and in hand54/58€19,151€26,460€34,362€21,088€93,794▲ 345%
Equity and liabilities
Total equity and liabilities10/49€7.1m€7.2m€7.0m€7.0m€6.9m▼ 2.2%
Equity10/15€6.1m€6.5m€6.7m€6.8m€6.8m▼ 1.0%
Contributions10/11€815,173€815,173€815,173€815,173€815,173=
Capital10€815,173€815,173€815,173€815,173€815,173=
Issued capital100€815,173€815,173€815,173€815,173€815,173=
Reserves13€237,820€237,820€237,820€237,820€237,820=
Non-distributable reserves130/1€90,282€90,282€90,282€90,282€90,282=
Legal reserve130€90,282€90,282€90,282€90,282€90,282=
Tax-exempt reserves132€32,079€32,079€32,079€32,079€32,079=
Distributable reserves133€115,459€115,459€115,459€115,459€115,459=
Profit (loss) carried forward14€5.0m€5.4m€5.7m€5.8m€5.7m▼ 1.1%
Investment grants15€38,654€33,556€28,458€23,360€18,262▼ 21.8%
Amounts payable17/49€958,820€689,841€248,828€182,789€97,500▼ 46.7%
Amounts payable after more than one year17€519,037€229,024€16,378€0--
Financial debts170/4€519,037€229,024€16,378€0--
Amounts payable within one year42/48€439,783€460,817€232,451€182,789€97,500▼ 46.7%
Current portion of amounts payable after more than one year42€288,908€311,817€232,451€32,789€0▼ 100%
Trade debts44€0€0€0€0€0-
Suppliers440/4€0€0€0€0€0-
Taxes, remuneration and social security45€1,875€0--€195-
Taxes450/3€1,875€0--€195-
Other amounts payable47/48€149,000€149,000€0€150,000€97,305▼ 35.1%
Line20212022202320242025Change
Profit (loss) for the period9904€238,373€386,196€247,233€246,146€36,301▼ 85.3%
+ Depreciation and write-downs630€56,449€56,449€56,449€56,449€56,449=
Operating cash flow (approximation)€294,822€442,645€303,682€302,595€92,750▼ 69.3%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€7,309€7,902-€13,274€72,706▲ 648%

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

Next filing, fiscal year 2026, expected by 30-04-2027
2026
29-04
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
30-09
Financial Weakest financial yearnet €36,301 ▼85.3%
Net result drops to €36,301, the lowest in the series.
30-04
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
30-09
Financial Liquidity doublescurrent ratio 1.03
Current ratio from 0.46 to 1.03; short-term debt falls from €232,451 to €182,789.
29-04
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
17-03
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
30-09
Financial Highest result since 2018net €386,196 ▲62%
Net result €386,196, the highest in the series.
23-05
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 23 days late
2021
19-04
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
30-03
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
30-04
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
27-04
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
17-03
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
3,902 m²
Parcel 25385E0075/00M000, Wallonia. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Rue du Blanc-Ry 79, 1340 Ottignies-Louvain-la-Neuve
Computing infrastructure, data processing, hosting and other information service activities
since 20102.185.852.339
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25385E0075/00M000 Wallonia 3,902 m² - -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner · 1 holding

Chain of control

  1. EVIA Partner 99.33%
  2. VEKARE

Highest known parent: EVIA Partner. The sources do not say who stands above it.

Owners 1

Holdings 1

According to the annual accounts to 30-09-2023 of VEKARE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPublic limited company
Founded01-03-2010
Fiscal year end30-09
E-invoicing
Reachable via Peppol
Peppol ID 0208:0823614231
Also 9925:BE0823614231
Registered 18-05-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.