VEKI
ActiveSummary
VEKI has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €489,976 and a net result of €70,893. Equity is growing by about 13% per year across the filed financial years. The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €489,976
- Profit
- €70,893
Why 97raises riskLatest accounts 31 days late; 1 of the last 3 latelowers riskSize: total assets €584,622Equity €489,976 (83.8% of total assets)Liquidity: current ratio 5.83, cash €331,085Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 81% on solvency, 87% on liquidity, 67% on profitability and 74% on growth.
The bankruptcy probability was computed on 19-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 25 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Annual accounts filedfinancial year 2023 · abbreviated…
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00457815.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 4% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 20,139 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,139 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €0 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €3,567 | -€235 | €44 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,816 | €17,140 | €8,113 | €8,064 | €13,943 | €13,567 | €12,508 | €12,247 | ▼ 2.1% |
| Other operating charges640/8 | - | - | - | €3,668 | €17,282 | €8,936 | €10,091 | €5,092 | ▼ 49.5% |
| Gross operating margin9900 | €111,860 | €116,406 | €157,648 | €140,454 | €117,617 | €54,256 | €133,077 | €122,973 | ▼ 7.6% |
| Operating profit (loss)9901 | €20,839 | €36,276 | €88,946 | €125,154 | €86,627 | €31,710 | €110,478 | €105,634 | ▼ 4.4% |
| Financial income75/76B | - | - | - | €972 | €0 | €235 | €4,037 | €3,332 | ▼ 17.5% |
| Recurring financial income75 | €2,702 | €2,630 | €1,315 | €20 | €0 | €235 | €4,037 | €3,332 | ▼ 17.5% |
| Non-recurring financial income76B | - | - | - | €952 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €1,226 | €1,583 | €2,063 | €2,794 | €2,183 | ▼ 21.9% |
| Recurring financial charges65 | €1,526 | €908 | €783 | €1,226 | €1,583 | €2,063 | €2,794 | €2,183 | ▼ 21.9% |
| Profit (loss) for the period before taxes9903 | €22,015 | €37,998 | €89,477 | €124,899 | €85,044 | €29,882 | €111,721 | €106,783 | ▼ 4.4% |
| Income taxes67/77 | €7,952 | €12,716 | €27,767 | €36,563 | €24,210 | €9,480 | €33,595 | €35,890 | ▲ 6.8% |
| Profit (loss) for the period9904 | €14,063 | €25,282 | €61,710 | €88,336 | €60,834 | €20,402 | €78,126 | €70,893 | ▼ 9.3% |
| Profit (loss) for the period to be appropriated9905 | €14,063 | €25,282 | €68,746 | €88,336 | €60,834 | €20,402 | €78,126 | €70,893 | ▼ 9.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €276,067 | €281,841 | €353,565 | €413,710 | €536,146 | €474,524 | €545,407 | €584,622 | ▲ 7.2% |
| Fixed assets21/28 | €79,985 | €62,845 | €61,769 | €53,660 | €87,467 | €73,846 | €64,866 | €52,619 | ▼ 18.9% |
| Tangible fixed assets22/27 | €79,836 | €62,696 | €61,620 | €53,556 | €87,363 | €73,796 | €64,817 | €52,570 | ▼ 18.9% |
| Land and buildings22 | - | - | - | €49,519 | €50,470 | €46,522 | €46,660 | €43,110 | ▼ 7.6% |
| Plant, machinery and equipment23 | - | - | - | €1,187 | €891 | €594 | €297 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | €2,849 | €34,559 | €25,719 | €17,383 | €9,460 | ▼ 45.6% |
| Other tangible fixed assets26 | - | - | - | - | €1,444 | €961 | €478 | €0 | ▼ 100% |
| Financial fixed assets28 | €149 | €149 | €149 | €105 | €105 | €50 | €50 | €50 | = |
| Current assets29/58 | €196,083 | €218,996 | €291,796 | €360,049 | €448,679 | €400,679 | €480,541 | €532,002 | ▲ 10.7% |
| Amounts receivable within one year40/41 | €82,176 | €83,302 | €147,070 | €170,766 | €244,161 | €180,592 | €187,487 | €150,917 | ▼ 19.5% |
| Trade receivables40 | - | - | - | €170,717 | €163,500 | €148,043 | €169,255 | €148,295 | ▼ 12.4% |
| Other amounts receivable41 | - | - | - | €49 | €80,661 | €32,550 | €18,232 | €2,622 | ▼ 85.6% |
| Current investments50/53 | - | - | - | - | - | €100,000 | €150,000 | €50,000 | ▼ 66.7% |
| Cash at bank and in hand54/58 | €26,573 | €49,950 | €102,241 | €189,283 | €204,518 | €118,355 | €143,054 | €331,085 | ▲ 131% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €1,731 | €0 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €276,067 | €281,841 | €353,565 | €413,710 | €536,146 | €474,524 | €545,407 | €584,622 | ▲ 7.2% |
| Equity10/15 | €211,437 | €235,095 | €204,939 | €291,675 | €320,554 | €340,956 | €419,082 | €489,976 | ▲ 16.9% |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €191,437 | €215,095 | €184,939 | €271,675 | €300,554 | €320,956 | €399,082 | €469,976 | ▲ 17.8% |
| Non-distributable reserves130/1 | - | - | - | €6,500 | €6,500 | €6,500 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €6,500 | €6,500 | €6,500 | €0 | - | - |
| Tax-exempt reserves132 | - | - | - | €2,028 | €2,028 | €2,028 | €2,028 | €2,028 | = |
| Distributable reserves133 | - | - | - | €263,147 | €292,025 | €312,427 | €397,054 | €467,947 | ▲ 17.9% |
| Profit (loss) carried forward14 | - | €26,534 | - | - | €0 | €0 | - | - | - |
| Amounts payable17/49 | €64,631 | €46,747 | €148,626 | €122,035 | €215,593 | €133,569 | €126,325 | €94,646 | ▼ 25.1% |
| Amounts payable after more than one year17 | €2,647 | - | - | - | €30,155 | €21,245 | €12,210 | €3,070 | ▼ 74.9% |
| Financial debts170/4 | - | - | - | - | €30,155 | €21,245 | €12,210 | €3,070 | ▼ 74.9% |
| Amounts payable within one year42/48 | €60,638 | €46,536 | €148,626 | €122,035 | €185,437 | €112,324 | €113,630 | €91,256 | ▼ 19.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €8,357 | €8,846 | €8,930 | €9,034 | €9,140 | ▲ 1.2% |
| Financial debts43 | - | - | - | - | - | €8,434 | €8,446 | €10,108 | ▲ 19.7% |
| Credit institutions430/8 | - | - | - | - | - | €8,434 | €8,446 | €10,108 | ▲ 19.7% |
| Trade debts44 | €27,498 | €29,392 | €70,311 | €65,398 | €73,309 | €69,654 | €63,700 | €59,040 | ▼ 7.3% |
| Suppliers440/4 | - | - | - | €65,398 | €73,309 | €69,654 | €63,700 | €59,040 | ▼ 7.3% |
| Advances received on contracts in progress46 | - | - | - | €559 | €44,331 | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €32,581 | €17,964 | €5,968 | €10,377 | €4,160 | ▼ 59.9% |
| Taxes450/3 | - | - | - | €32,581 | €17,964 | €5,968 | €10,377 | €4,160 | ▼ 59.9% |
| Other amounts payable47/48 | - | - | - | €15,141 | €40,987 | €19,338 | €22,073 | €8,808 | ▼ 60.1% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €485 | €320 | ▼ 34.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,063 | €25,282 | €61,710 | €88,336 | €60,834 | €20,402 | €78,126 | €70,893 | ▼ 9.3% |
| + Depreciation and write-downs630 | €19,816 | €17,140 | €8,113 | €8,064 | €13,943 | €13,567 | €12,508 | €12,247 | ▼ 2.1% |
| Operating cash flow (approximation) | €33,879 | €42,422 | €69,823 | €96,400 | €74,776 | €33,969 | €90,634 | €83,140 | ▼ 8.3% |
| Investment in fixed assets (approximation) | - | €0 | -€7,036 | €44 | -€47,750 | €55 | -€3,529 | €0 | - |
| Change in cash | - | €23,376 | €52,292 | €87,042 | €15,235 | -€86,163 | €24,699 | €188,031 | ▲ 661% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 37 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00457815 |
| 31-12-2024 | abbreviated format | 23-07-2025 | 2025-00297804 |
| 31-12-2023 | abbreviated format | 30-08-2024 | 2024-00439299 |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00431107 |
| 31-12-2021 | micro format | 30-09-2022 | 2022-20456950 |
| 31-12-2020 | micro format | 31-08-2021 | 2021-65300029 |
| 31-12-2019 | micro format | 30-07-2020 | 2020-37100529 |
| 31-12-2018 | micro format | 29-08-2019 | 2019-56600558 |
| 31-12-2017 | micro format | 30-08-2018 | 2018-54500196 |
| 31-12-2016 | micro format | 31-08-2017 | 2017-56600211 |
Subsidies and aid
Flemish government
2022 to 2025 · 4 entries · €1,456 awarded · €1,456 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €569 | €569 |
| 2024 | 1 | €254 | €254 |
| 2023 | 1 | €75 | €75 |
| 2022 | 1 | €558 | €558 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
18-07
Gazette deed
Resignation: Jan Vandendriessche (director)Appointment: Jan Vandendriessche (director) · Capital conversion · Purpose change12 facts ▸
- General meeting, 31-05-2024
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm BV, artikel 39,§1,derde lid van de wet van 23-03-2019 tot invoering van het Wetboek van vennootschappen en v…” (deed in Dutch)
- Capital conversion, “opheffing, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, 26-02-2024
- Purpose change
- Amendment of the articles
- Capital
- Director resignation, Jan Vandendriessche (director (not named in the articles))
- Director discharge, Jan Vandendriessche
- Director appointment, Jan Vandendriessche (director (not named in the articles))
- Other provision, 30-05-2024
- Power of attorney
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 20 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 35005A1009/02P004 | Flanders | 359 m² | 1 · 177 m² | 10.0 m · 2 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- VEKI
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Natuurlijke personen of rechtspersonen, 1” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of June at 20:00