Vekemans Metaalconstructie
ActiveVekemans Metaalconstructie has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31k and a net result of €-434. Equity is shrinking by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 12% of 1026 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability49▼-51
Solvency37▼-56
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.82 against 2.76 in 2024; short-term debt: 32.3% and cash: 5% of total assets), but 87.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
12.2%
Return on assets
-0.2%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 1026 sector peers (2025).
NBB · sector comparisonPosition among 1026 sector peers
Solvency
better than 12%
← 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 21-07-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
31 d late
2023
61 d late
2022
74 d late
2021
30 d late
2020
89 d late
2019
55 d late
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€31k▼ 85.9%
2024 · €222k
2018: €108k
2019: €147k
2020: €106k
2021: €59k
2022: €62k
2023: €135k
2024: €222k
2018 → 2025
Total assets
€255k▼ 21.4%
2024 · €325k
2018: €374k
2019: €325k
2020: €275k
2021: €228k
2022: €327k
2023: €306k
2024: €325k
2018 → 2025
Net result
€-434
2024 · €86k
2018: €14k
2019: €39k
2020: €-41k
2021: €-47k
2022: €3k
2023: €74k
2024: €86k
2018 → 2025
Working capital
€68k▼ 52.3%
2024 · €142k
2018: €-44k
2019: €8k
2020: €32k
2021: €14k
2022: €13k
2023: €54k
2024: €142k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€59k-€62k▲ 5.2%€135k▲ 120%€222k▲ 63.8%€31k▼ 85.9%
Operating result€-36k-€13k€86k▲ 559%€124k▲ 44.5%€29k▼ 77.0%
Net result€-47k-€3k€74k▲ 2,329%€86k▲ 17.1%€-434
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 falls in 2025; 2025 is 77% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €255k
Fixed assets
€105k▲ 3.4%
Current assets
€150k▼ 32.6%
Equity and liabilities €255k
Equity
€31k▼ 85.9%
Debt
€224k▲ 117%
The debt ratio rises from 31.8% to 87.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€53k▼
2024 · €161k
Cash flow
€24k▼
2024 · €124k
Solvency
12.2%▼
2024 · 68.2%
Current ratio
1.82▼
2024 · 2.76
Quick ratio
1.56▼
2024 · 2.66
Debt / equity
7.18▲
2024 · 0.47
ROE
-1.4%▼
2024 · 39.0%
ROA
-0.2%▼
2024 · 26.6%
Interest coverage
3.71▼
2024 · 9.78
Debt
€224k▲
2024 · €103k
Debt ≤ 1 year
€83k▲
2024 · €81k
Debt > 1 year
€142k▲
2024 · €22k
Income taxes
€2k▼
2024 · €22k
Staff costs
€123k▲
2024 · €113k
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€325k€255k▼
Fixed assets21/28€102k€105k▲
Intangible fixed assets21-€9k
Tangible fixed assets22/27€102k€96k▼
Plant, machinery and equipment23€36k€68k▲
Furniture and vehicles24€29k€26k▼
Leasing and similar rights25€3k€2k▼
Other tangible fixed assets26€33k-
Current assets29/58€223k€150k▼
Stocks and contracts in progress3€8k€22k▲
Stocks30/36€8k€22k▲
Amounts receivable within one year40/41€118k€115k▼
Trade receivables40€90k€91k▲
Other amounts receivable41€28k€23k▼
Cash at bank and in hand54/58€85k€13k▼
Deferred charges and accrued income490/1€12k€1k▼
Equity and liabilities
Total equity and liabilities10/49€325k€255k▼
Equity10/15€222k€31k▼
Contributions10/11€25k€25k=
Reserves13€197k€6k▼
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€194k€4k▼
Amounts payable17/49€103k€224k▲
Amounts payable after more than one year17€22k€142k▲
Financial debts170/4€22k€142k▲
Amounts payable within one year42/48€81k€83k▲
Current portion of amounts payable after more than one year42€13k€33k▲
Trade debts44€45k€31k▼
Suppliers440/4€45k€31k▼
Taxes, remuneration and social security45€23k€19k▼
Taxes450/3€5k€5k▼
Remuneration and social security454/9€18k€14k▼
Income statement
Code20242025
Remuneration, social security and pensions62€113k€123k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€25k▼
Other operating charges640/8€637€936▲
Gross operating margin9900€275k€177k▼
Operating profit (loss)9901€124k€29k▼
Financial income75/76B€307€545▲
Recurring financial income75€307€545▲
Financial charges65/66B€17k€27k▲
Recurring financial charges65€17k€14k▼
Non-recurring financial charges66B-€13k
Profit (loss) for the period before taxes9903€108k€2k▼
Income taxes67/77€22k€2k▼
Profit (loss) for the period9904€86k€-434▼
Profit (loss) for the period to be appropriated9905€86k€-434▼
Appropriation of the result
Profit (loss) to be appropriated9906€75k€-434▼
Profit (loss) brought forward from the previous period14P€-11k-
Transfer from equity791/2-€190k
Transfer to equity691/2€75k-
To other reserves6921€75k-
Profit to be distributed694/7-€190k
Return on contributions (dividend)694-€190k
Social balance
Average headcount (FTE)9087-2.5
The notes to these accounts (22 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
21-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Highest result since 2018net €86k ▲17.1%
Operating result €124k, net result €86k, both a record.
31-12
Financial
Equity above €200kEq €222k ▲63.8%
3 profitable years in a row build equity to €222k.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Equity above €100kEq €135k ▲120%
2 profitable years in a row build equity to €135k.
13-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 74 days late
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €-47k
Net result drops to €-47k, the lowest in the series; recovery starts the following year.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Genk · 1 establishment unit since 2015
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.
Oud-Termienstraat 63600 GenkGround area
3,421 m²
Building footprint
1,611 m²
Volume, LiDAR
9,896 m³
Parcel 71305F1189/00F000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vekemans Metaalconstructie
since 20152.238.405.355
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71305F1189/00F000 | Flanders | 3,421 m² | 1 · 1,611 m² | 8.5 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,000 EUR | 1,000 EUR |
| 2024 | 1 | 1,000 EUR | 1,000 EUR |
Schemes
Premie kwalificerend werkplekleren
Recognitions · licences · registrations
Dual-learning approval
2 live approvals · 3 endedHoeknaadlasser duaal (so)
Lassen-constructie duaal (so)
Similar companies · same sector, comparable size
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BE 1006.888.704
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BE 1004.547.242
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VR Works
BE 1020.897.779
Menen · Eq €31k
VABO Aanhangwagens
BE 0652.819.896
Sint-Truiden · Eq €31k
Deccon Industries
BE 0637.918.916
Aarschot · Eq €31k
Of 3,988 companies in sector 25110 we hold annual accounts for 2,148. 1,245 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-01-2015
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
25530Machining of metals
25401Forging of metal
25510Coating of metals
25610Manufacture of fabricated metal products, except machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.