VEKAVE
ActiveSummary
VEKAVE has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €1.13M and a net result of €-9k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 78% of 109 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability79▼-8
Solvency100=
Growth50▼-14
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 1.72 against 1.59 in 2025; short-term debt: 8.9% of total assets), and 14.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
85.7%
Return on assets
-0.7%
Age of the figures
3 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 02-07-2026, 213 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
213 d early
2025
208 d early
2024
203 d early
2023
200 d early
2022
182 d early
2021
191 d early
2020
147 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2027 and is due by 31-01-2028. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-06-2027 close31-01-2028 deadline
History
Financials · fiscal year 2026, abbreviated schema
Turnover
€144k▲ 13.3%
2025 · €127k
EBIT margin
-11.3%▼ 162.0pp
2025 · 150.7%
Net result
€-9k
2025 · €143k
Working capital
€85k▼ 23.0%
2025 · €110k
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
Line20222023202420252026
Turnover€128k▼ 0.8%€132k▲ 3.3%€133k▲ 0.7%€127k▼ 4.4%€144k▲ 13.3%
Operating result€602k▲ 1,102%€-14k€-4k▲ 69.2%€192k€-16k
Net result€451k▲ 1,089%€-4k€5k€143k▲ 2,596%€-9k
EBIT margin470.5%▲ 431.7pp-10.9%▼ 481.4pp-3.3%▲ 7.5pp150.7%▲ 154.1pp-11.3%▼ 162.0pp
Equity€1.27M▲ 18.9%€1.26M▼ 0.3%€1.27M▲ 0.4%€1.26M▼ 0.8%€1.13M▼ 9.9%
Total assets€1.56M▲ 10.4%€1.53M▼ 1.7%€1.53M▼ 0.3%€1.51M▼ 0.9%€1.32M▼ 12.9%
Debt€207k▼ 19.3%€190k▼ 8.3%€184k▼ 3.1%€185k▲ 0.6%€118k▼ 36.5%
Working capital€614k▲ 70.9%€198k▼ 67.8%€128k▼ 35.1%€110k▼ 14.4%€85k▼ 23.0%
Staff (FTE)0
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 turns negative in 2026: a loss of €16k after €192k in 2025, the lowest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €1.32M
Fixed assets
€1.12M ▼ 8.4%
Current assets
€202k ▼ 31.4%
Equity and liabilities €1.32M
Equity
€1.13M ▼ 9.9%
Provisions
€71k ▼ 4.2%
Debt
€118k ▼ 36.5%
Debt's share of the balance-sheet total falls from 12.2% to 8.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€86k▼
2025 · €294k
Cash flow
€93k▼
2025 · €245k
Current ratio
1.72▲
2025 · 1.59
Debt to equity
0.10▼
2025 · 0.15
ROE
-0.8%▼
2025 · 11.4%
ROA
-0.7%▼
2025 · 9.4%
Interest coverage
20.25▼
2025 · 254.32
Debt ≤ 1 year
€118k▼
2025 · €185k
Income taxes
€2k▼
2025 · €57k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €128k | €132k | €133k | €127k | €144k | ▲ 13.3% |
| Non-recurring operating income76A | €575k | - | - | €240k | - | - |
| Goods, raw materials, services and sundry goods60/61 | €24k | €54k | €39k | €53k | €43k | ▼ 18.0% |
| Remuneration, social security and pensions62 | - | - | €5k | €5k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €62k | €63k | €99k | €102k | €102k | ▼ 0.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €17k | €-17k | - | - | - |
| Other operating charges640/8 | €15k | €12k | €13k | €15k | €15k | ▲ 0.6% |
| Gross operating margin9900 | €679k | €78k | €94k | €314k | €101k | ▼ 67.8% |
| Operating profit (loss)9901 | €602k | €-14k | €-4k | €192k | €-16k | ▼ 108% |
| Financial income75/76B | €137 | €4k | €11k | €4k | €10k | ▲ 126% |
| Recurring financial income75 | €137 | €4k | €27 | €4k | €10k | ▲ 126% |
| Non-recurring financial income76B | - | - | €11k | - | - | - |
| Financial charges65/66B | €2k | €3k | €1k | €1k | €4k | ▲ 266% |
| Recurring financial charges65 | €2k | €3k | €1k | €1k | €4k | ▲ 266% |
| Profit (loss) for the period before taxes9903 | €601k | €-13k | €6k | €195k | €-11k | ▼ 105% |
| Transfer from deferred taxes780 | €5k | €5k | €5k | €5k | €3k | ▼ 30.8% |
| Income taxes67/77 | €154k | €-4k | €5k | €57k | €2k | ▼ 97.2% |
| Profit (loss) for the period9904 | €451k | €-4k | €5k | €143k | €-9k | ▼ 106% |
| Transfer from tax-exempt reserves789 | €11k | €11k | €11k | €11k | €9k | ▼ 11.0% |
| Profit (loss) for the period to be appropriated9905 | €462k | €6k | €16k | €153k | €208 | ▼ 99.9% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.56M | €1.53M | €1.53M | €1.51M | €1.32M | ▼ 12.9% |
| Fixed assets21/28 | €913k | €1.31M | €1.36M | €1.22M | €1.12M | ▼ 8.4% |
| Tangible fixed assets22/27 | €913k | €1.31M | €1.36M | €1.22M | €1.12M | ▼ 8.4% |
| Land and buildings22 | €910k | €1.30M | €1.36M | €1.22M | €1.12M | ▼ 8.3% |
| Furniture and vehicles24 | €3k | €2k | €1k | €2k | €2k | ▼ 22.7% |
| Current assets29/58 | €646k | €227k | €167k | €295k | €202k | ▼ 31.4% |
| Amounts receivable after more than one year29 | - | - | - | €65k | €65k | = |
| Other amounts receivable291 | - | - | - | €65k | €65k | = |
| Amounts receivable within one year40/41 | €42k | €93k | €64k | €42k | €11k | ▼ 74.0% |
| Trade receivables40 | €40k | €69k | €21k | €28k | €6k | ▼ 77.1% |
| Other amounts receivable41 | €2k | €24k | €43k | €14k | €4k | ▼ 67.8% |
| Current investments50/53 | - | - | - | - | €124k | - |
| Cash at bank and in hand54/58 | €604k | €134k | €103k | €185k | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €3k | €3k | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.56M | €1.53M | €1.53M | €1.51M | €1.32M | ▼ 12.9% |
| Equity10/15 | €1.27M | €1.26M | €1.27M | €1.26M | €1.13M | ▼ 9.9% |
| Contributions10/11 | €556k | €556k | €556k | €556k | €556k | = |
| Reserves13 | €248k | €237k | €227k | €216k | €576k | ▲ 166% |
| Tax-exempt reserves132 | €205k | €194k | €184k | €173k | €164k | ▼ 5.4% |
| Distributable reserves133 | €43k | €43k | €43k | €43k | €412k | ▲ 854% |
| Profit (loss) carried forward14 | €462k | €468k | €484k | €484k | - | - |
| Provisions and deferred taxes16 | €88k | €83k | €79k | €74k | €71k | ▼ 4.2% |
| Deferred taxes168 | €88k | €83k | €79k | €74k | €71k | ▼ 4.2% |
| Amounts payable17/49 | €207k | €190k | €184k | €185k | €118k | ▼ 36.5% |
| Amounts payable after more than one year17 | €175k | €160k | €145k | - | - | - |
| Financial debts170/4 | €175k | €160k | €145k | - | - | - |
| Amounts payable within one year42/48 | €32k | €30k | €38k | €185k | €118k | ▼ 36.5% |
| Current portion of amounts payable after more than one year42 | €15k | €15k | €15k | - | - | - |
| Trade debts44 | - | €310 | €5k | - | - | - |
| Suppliers440/4 | - | €310 | €5k | - | - | - |
| Taxes, remuneration and social security45 | €4k | €234 | €5k | €725 | €68 | ▼ 90.6% |
| Taxes450/3 | €4k | €234 | €234 | €725 | €68 | ▼ 90.6% |
| Remuneration and social security454/9 | - | - | €5k | - | - | - |
| Other amounts payable47/48 | €13k | €14k | €14k | €184k | €117k | ▼ 36.3% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €451k | €-4k | €5k | €143k | €-9k | ▼ 106% |
| + Depreciation and write-downs630 | €62k | €63k | €99k | €102k | €102k | ▼ 0.1% |
| Operating cash flow (approximation) | €513k | €59k | €104k | €245k | €93k | ▼ 62.1% |
| Investment in fixed assets (approximation) | - | €-456k | €-154k | €40k | €0 | ▼ 100% |
| Change in cash | - | €-470k | €-31k | €82k | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
30-06
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series.
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
2023
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Highest result since 2019net €451k ▲1,089%
Operating result €602k, net result €451k, both a record.
30-06
Financial
Liquidity triplescurrent ratio 20.11
Current ratio from 6.37 to 20.11; short-term debt falls from €67k to €32k.
2021
24-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
06-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
22-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
01-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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, Zoersel · 1 establishment unit since 1993
Ground area
1,815 m²
Building footprint
282 m²
Volume, LiDAR
1,615 m³
Parcel 11055D0164/00D004, Flanders · tallest building 17.1 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Schriekbos 105, 2980 Zoersel
since 19932.061.848.430
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11055D0164/00D004 | Flanders | 1,815 m² | 1 · 282 m² | 17.1 m · 2 fl. |
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.
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Of 9,143 companies in sector 68201 we hold annual accounts for 6,764. 4,752 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-03-1993
Fiscal year end30-06
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
Scores and ratios are computed by Checked and are not a credit decision.