VEKASCO
ActiveVEKASCO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63k and a net result of €37k. Equity remains stable across the filed fiscal years (±2% per year). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+8
Solvency36▲+7
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.06 against 0.05 in 2024; short-term debt: 60.7% and cash: 2.9% of total assets), and 89.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
10.6%
Return on assets
6.3%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €63k
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 28-07-2026, 3 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
3 d early
2024
6 d early
2023
1 d early
2022
3 d early
2021
9 d early
2020
4 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€63k▲ 146%
2024 · €25k
2018: €37k
2019: €29k
2020: €25k
2021: €28k
2022: €21k
2023: €24k
2024: €25k
2018 → 2025
Total assets
€589k▼ 1.5%
2024 · €598k
2018: €844k
2019: €778k
2020: €739k
2021: €730k
2022: €678k
2023: €636k
2024: €598k
2018 → 2025
Net result
€37k▲ 3,206%
2024 · €1k
2018: €-163k
2019: €-8k
2020: €-4k
2021: €3k
2022: €-7k
2023: €3k
2024: €1k
2018 → 2025
Working capital
€-338k▲ 5.6%
2024 · €-358k
2018: €-44k
2019: €-50k
2020: €-371k
2021: €-401k
2022: €-401k
2023: €-378k
2024: €-358k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€28k-€21k▼ 25.7%€24k▲ 15.8%€25k▲ 4.6%€63k▲ 146%
Operating result€7k-€-3k€7k€6k▼ 14.9%€40k▲ 568%
Net result€3k-€-7k€3k€1k▼ 66.1%€37k▲ 3,206%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 568% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €589k
Fixed assets
€570k▼ 1.7%
Current assets
€20k▲ 5.1%
Equity and liabilities €589k
Equity
€63k▲ 146%
Debt
€527k▼ 8.0%
The debt ratio falls from 95.8% to 89.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€50k▼
2024 · €52k
Cash flow
€47k▼
2024 · €47k
Solvency
10.6%▲
2024 · 4.2%
Current ratio
0.06▲
2024 · 0.05
Quick ratio
0.06▲
2024 · 0.05
Debt / equity
8.42▼
2024 · 22.56
ROE
59.4%▲
2024 · 4.4%
ROA
6.3%▲
2024 · 0.2%
Interest coverage
16.67▲
2024 · 10.63
Debt
€527k▼
2024 · €573k
Debt ≤ 1 year
€358k▼
2024 · €377k
Debt > 1 year
€169k▼
2024 · €196k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€598k€589k▼
Fixed assets21/28€579k€570k▼
Tangible fixed assets22/27€579k€570k▼
Land and buildings22€579k€569k▼
Furniture and vehicles24€199€177▼
Current assets29/58€19k€20k▲
Amounts receivable within one year40/41-€264
Trade receivables40-€264
Cash at bank and in hand54/58€17k€17k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€598k€589k▼
Equity10/15€25k€63k▲
Contributions10/11€200k€200k=
Profit (loss) carried forward14€-175k€-137k▲
Amounts payable17/49€573k€527k▼
Amounts payable after more than one year17€196k€169k▼
Financial debts170/4€196k€169k▼
Amounts payable within one year42/48€377k€358k▼
Current portion of amounts payable after more than one year42€27k€27k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€455-
Taxes450/3€455-
Other amounts payable47/48€348k€329k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€10k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€54k€52k▼
Operating profit (loss)9901€6k€40k▲
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€1k€37k▲
Profit (loss) for the period9904€1k€37k▲
Profit (loss) for the period to be appropriated9905€1k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-175k€-137k▲
Profit (loss) brought forward from the previous period14P€-176k€-175k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €37k ▲3206%
Operating result €40k, net result €37k, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after 3 loss-making years.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Destelbergen · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kouterstraat 1259070 DestelbergenGround area
5,424 m²
Building footprint
282 m²
Volume, LiDAR
1,529 m³
Parcel 44013B0198/00A000, Flanders · tallest building 13.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VEKASCO
since 20172.269.508.703
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44013B0198/00A000 | Flanders | 5,424 m² | 1 · 282 m² | 13.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded29-09-2017
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.