VEKEMANS
InactiveVEKEMANS was declared bankrupt on 27-06-2024 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed by liquidation by judgment of 24-11-2025, published in the Belgian State Gazette on 28-11-2025.
Summary
Inactive; last annual accounts for fiscal year 2023.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 24-10-2023 was due by 24-05-2024 and was filed on 17-05-2024, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2023
7 d early
2022
14 d early
2021
19 d early
2020
32 d early
2019
31 d late
2018
37 d early
2017
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 7 days before the deadline; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2023, abbreviated schema
Equity
€400,098▲ 19.2%
2022 · €335,650
Total assets
€1.7m▼ 2.2%
2022 · €1.8m
Net result
€64,448
2022 · -€87,727
Working capital
€1.2m▲ 19.6%
2022 · €1.0m
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
Line20192020202120222023
Operating result€103,439▼ 5.5%€174,857▲ 69.0%-€3,722-€21,297▼ 472%€203,355
Net result€70,252▲ 3.3%€142,278▲ 103%€23,353▼ 83.6%-€87,727€64,448
Equity€357,746▲ 5.1%€400,024▲ 11.8%€423,377▲ 5.8%€335,650▼ 20.7%€400,098▲ 19.2%
Total assets€1.5m▲ 9.8%€1.7m▲ 15.6%€1.9m▲ 9.5%€1.8m▼ 8.0%€1.7m▼ 2.2%
Debt€1.2m▲ 11.4%€1.3m▲ 16.8%€1.5m▲ 10.5%€1.4m▼ 4.4%€1.2m▼ 14.7%
Working capital€1.1m▲ 27.3%€1.1m▲ 2.8%€1.2m▲ 5.3%€1.0m▼ 12.4%€1.2m▲ 19.6%
Staff (FTE)7.7▼ 14.4%8.5▲ 10.4%8.6▲ 1.2%9.4▲ 9.3%6.2▼ 34.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €203,355 after a loss of €21,297 in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.7m
Fixed assets
€84,192 ▼ 44.2%
Current assets
€1.6m ▲ 1.7%
Equity and liabilities €1.7m
Equity
€400,098 ▲ 19.2%
Provisions
€105,660
Debt
€1.2m ▼ 14.7%
Debt's share of the balance-sheet total falls from 80.9% to 70.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€233,841▲
2022 · €31,075
Cash flow
€94,934▲
2022 · -€35,355
Current ratio
3.98▲
2022 · 2.75
Quick ratio
3.10▲
2022 · 0.87
Debt to equity
3.04▼
2022 · 4.25
ROE
16.1%▲
2022 · -26.1%
ROA
3.7%▲
2022 · -5.0%
Interest coverage
1.55▲
2022 · 0.45
Debt ≤ 1 year
€411,329▼
2022 · €584,784
Debt > 1 year
€804,107▼
2022 · €840,135
Income taxes
€2,207▲
2022 · €1,282
Staff costs
€301,985▼
2022 · €483,171
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €38 | €0 | €919,399 | - |
| Remuneration, social security and pensions62 | - | - | €459,791 | €483,171 | €301,985 | ▼ 37.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,143 | €28,823 | €28,733 | €52,373 | €30,485 | ▼ 41.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €10,605 | €4,291 | €535,759 | ▲ 12,387% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €105,660 | - |
| Other operating charges640/8 | - | - | €13,017 | €14,829 | €13,785 | ▼ 7.0% |
| Non-recurring operating charges66A | - | - | €48,349 | €10,679 | €33,548 | ▲ 214% |
| Gross operating margin9900 | €604,165 | €552,390 | €556,773 | €544,045 | €1.2m | ▲ 125% |
| Operating profit (loss)9901 | €103,439 | €174,857 | -€3,722 | -€21,297 | €203,355 | ▲ 1,055% |
| Financial income75/76B | - | - | €81,853 | €3,801 | €14,462 | ▲ 280% |
| Recurring financial income75 | €38,040 | €57,136 | €81,853 | €3,801 | €14,462 | ▲ 280% |
| Financial charges65/66B | - | - | €38,980 | €68,949 | €151,161 | ▲ 119% |
| Recurring financial charges65 | €38,794 | €56,711 | €38,980 | €68,949 | €151,161 | ▲ 119% |
| Profit (loss) for the period before taxes9903 | €102,685 | €175,283 | €39,151 | -€86,445 | €66,656 | ▲ 177% |
| Income taxes67/77 | €32,433 | €33,005 | €15,798 | €1,282 | €2,207 | ▲ 72.2% |
| Profit (loss) for the period9904 | €70,252 | €142,278 | €23,353 | -€87,727 | €64,448 | ▲ 173% |
| Transfer from tax-exempt reserves789 | - | - | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €70,252 | €169,278 | €23,353 | -€87,727 | €64,448 | ▲ 173% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.5m | €1.7m | €1.9m | €1.8m | €1.7m | ▼ 2.2% |
| Fixed assets21/28 | €97,910 | €69,087 | €97,710 | €150,888 | €84,192 | ▼ 44.2% |
| Intangible fixed assets21 | - | - | €2,755 | €1,615 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €97,910 | €69,087 | €93,955 | €149,273 | €84,192 | ▼ 43.6% |
| Land and buildings22 | - | - | €1,751 | €1,547 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | - | €1,265 | €13,202 | €10,034 | ▼ 24.0% |
| Furniture and vehicles24 | - | - | €48,192 | €85,677 | €49,555 | ▼ 42.2% |
| Leasing and similar rights25 | - | - | €30,327 | €38,433 | €24,603 | ▼ 36.0% |
| Other tangible fixed assets26 | - | - | €12,420 | €10,413 | €0 | ▼ 100% |
| Financial fixed assets28 | - | - | €1,000 | €0 | - | - |
| Current assets29/58 | €1.4m | €1.7m | €1.8m | €1.6m | €1.6m | ▲ 1.7% |
| Stocks and contracts in progress3 | €474,763 | €579,897 | €705,884 | €1.1m | €363,090 | ▼ 67.0% |
| Stocks30/36 | - | - | €705,884 | €1.1m | €363,090 | ▼ 67.0% |
| Amounts receivable within one year40/41 | €455,372 | €475,014 | €576,633 | €320,670 | €1.1m | ▲ 243% |
| Trade receivables40 | - | - | €518,107 | €251,285 | €174,866 | ▼ 30.4% |
| Other amounts receivable41 | - | - | €58,525 | €69,385 | €926,168 | ▲ 1,235% |
| Cash at bank and in hand54/58 | €391,758 | €575,283 | €467,063 | €147,505 | €172,878 | ▲ 17.2% |
| Deferred charges and accrued income490/1 | - | - | €66,781 | €42,211 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.5m | €1.7m | €1.9m | €1.8m | €1.7m | ▼ 2.2% |
| Equity10/15 | €357,746 | €400,024 | €423,377 | €335,650 | €400,098 | ▲ 19.2% |
| Contributions10/11 | €18,550 | - | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €321,945 | €294,945 | €294,945 | €294,945 | €294,945 | = |
| Non-distributable reserves130/1 | - | - | €1,855 | €1,855 | €1,855 | = |
| Reserves not available under the articles1311 | - | - | €1,855 | €1,855 | €1,855 | = |
| Distributable reserves133 | - | - | €293,090 | €293,090 | €293,090 | = |
| Profit (loss) carried forward14 | €17,252 | €86,529 | €109,882 | €22,155 | €86,603 | ▲ 291% |
| Provisions and deferred taxes16 | - | - | - | - | €105,660 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €105,660 | - |
| Pensions and similar obligations160 | - | - | - | - | €105,660 | - |
| Amounts payable17/49 | €1.2m | €1.3m | €1.5m | €1.4m | €1.2m | ▼ 14.7% |
| Amounts payable after more than one year17 | €820,522 | €774,857 | €841,926 | €840,135 | €804,107 | ▼ 4.3% |
| Financial debts170/4 | - | - | €841,926 | €840,135 | €804,107 | ▼ 4.3% |
| Amounts payable within one year42/48 | €333,091 | €567,904 | €645,965 | €584,784 | €411,329 | ▼ 29.7% |
| Current portion of amounts payable after more than one year42 | - | - | €12,417 | €18,645 | €16,551 | ▼ 11.2% |
| Financial debts43 | - | - | €52,837 | €113,753 | €62,726 | ▼ 44.9% |
| Credit institutions430/8 | - | - | €52,837 | €113,753 | €62,726 | ▼ 44.9% |
| Trade debts44 | €143,172 | €335,515 | €451,214 | €368,982 | €253,302 | ▼ 31.4% |
| Suppliers440/4 | - | - | €451,214 | €368,982 | €253,302 | ▼ 31.4% |
| Taxes, remuneration and social security45 | - | - | €129,496 | €83,405 | €78,750 | ▼ 5.6% |
| Taxes450/3 | - | - | €66,200 | €27,045 | €23,217 | ▼ 14.2% |
| Remuneration and social security454/9 | - | - | €63,297 | €56,360 | €55,533 | ▼ 1.5% |
| Other amounts payable47/48 | - | - | €0 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | €2,802 | €0 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €70,252 | €142,278 | €23,353 | -€87,727 | €64,448 | ▲ 173% |
| + Depreciation and write-downs630 | €32,143 | €28,823 | €28,733 | €52,373 | €30,485 | ▼ 41.8% |
| Operating cash flow (approximation) | €102,395 | €171,101 | €52,085 | -€35,355 | €94,934 | ▲ 369% |
| Investment in fixed assets (approximation) | - | €0 | -€57,356 | -€105,550 | €36,211 | ▲ 134% |
| Change in cash | - | €183,525 | -€108,220 | -€319,558 | €25,373 | ▲ 108% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-11
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 24-11-2025
2024
03-07
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 27-06-2024
17-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-10
Financial
Back to profitnet €64,448
Net result €64,448 after one loss-making year.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet -€87,727
Net result drops to -€87,727, the lowest in the series.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €142,278 ▲103%
Net result €142,278, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
Show earlier events
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 18 days late
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 19 days late
2015
26-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 26 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PHILIPPE BAILLON NOORDLAAN 172, 9200 DENDER-
MONDE |
27-06-2024 → 24-11-2025 |
Public money · subsidies and aid
Flemish government
2022 to 2023 · 6 entries · 23,749 EUR awarded · 23,749 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 3 | 9,072 EUR | 9,072 EUR |
| 2022 | 3 | 14,677 EUR | 14,677 EUR |
Recognitions · licences · registrations
Dual-learning approval
4 endedMagazijnmedewerker (so)
Magazijnmedewerker (vwo)
Magazijnmedewerker duaal (so)
Magazijnmedewerker (so)
Legal Entity Identifier
549300LI7KPXI1WUQC49