VEKMO
ActiveSummary
VEKMO has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €565,004 and a net result of €150,068. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 50% of 934 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83=
Solvency69▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity tight (current ratio 1.25 against 1.22 in 2024; short-term debt: 51.7% and cash: 36.2% of total assets), and 55.8% of the assets are financed with debt.
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Signals
Five 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 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% 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 2025Solvency, return and age of the figures
Solvency
44.2%
Return on assets
11.7%
Age of the figures
9 mo
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
36 d early
2023
51 d early
2022
21 d early
2021
5 d early
2020
1 d early
2019
39 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 13 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidy mirror Which other companies belong to the same group?STUDIBO HOLDING · 24 companies
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Financials · fiscal year 2025, full schema
In the rankings
#10 company by total assets in Tessenderlo-Ham, Administrative and support services sector#10 company by equity in Tessenderlo-Ham, Administrative and support services sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€150,068▲ 13.7%
2024 · €131,942
Working capital
€166,364▲ 51.9%
2024 · €109,513
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
Line20212022202320242025
Operating result€199,233▲ 215%-€26,601€235,580€214,146▼ 9.1%€242,349▲ 13.2%
Net result€141,509▲ 154%-€89,637€140,774€131,942▼ 6.3%€150,068▲ 13.7%
Equity€381,857▲ 58.9%€292,220▼ 23.5%€432,994▲ 48.2%€564,936▲ 30.5%€565,004=
Total assets€1.3m▲ 2.0%€1.2m▼ 5.6%€1.4m▲ 14.7%€1.2m▼ 17.0%€1.3m▲ 8.9%
Debt€923,653▼ 11.1%€940,103▲ 1.8%€979,959▲ 4.2%€607,890▼ 38.0%€712,206▲ 17.2%
Working capital€136,229▲ 362%€124,130▼ 8.9%€113,229▼ 8.8%€109,513▼ 3.3%€166,364▲ 51.9%
Staff (FTE)8.2▲ 95.2%8.6▲ 4.9%9.9▲ 15.1%10▲ 1.0%9.5▼ 5.0%
Why a figure moved sharply
- 2021 Equity +59% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 13% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets
€450,475 ▼ 21.4%
Current assets
€826,735 ▲ 37.8%
Equity and liabilities €1.3m
Equity
€565,004 =
Debt
€712,206 ▲ 17.2%
Debt's share of the balance-sheet total rises from 51.8% to 55.8%. Debt is higher.
Key figures and ratios
EBITDA
€334,126▲
2024 · €301,430
Cash flow
€241,845▲
2024 · €219,226
Current ratio
1.25▲
2024 · 1.22
Debt to equity
1.26▲
2024 · 1.08
ROE
26.6%▲
2024 · 23.4%
ROA
11.7%▲
2024 · 11.2%
Interest coverage
13.79▲
2024 · 9.14
Debt ≤ 1 year
€660,371▲
2024 · €490,369
Debt > 1 year
€51,234▼
2024 · €113,297
Income taxes
€69,666▲
2024 · €62,225
Staff costs
€672,029▼
2024 · €691,098
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 31,324 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €588,675 | €601,101 | €723,883 | €691,098 | €672,029 | ▼ 2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €76,357 | €79,058 | €81,483 | €87,283 | €91,778 | ▲ 5.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€18,156 | - | - | - | - |
| Other operating charges640/8 | €2,005 | €2,816 | €1,557 | €4,333 | €2,069 | ▼ 52.2% |
| Non-recurring operating charges66A | - | - | - | €1,261 | €39,339 | ▲ 3,020% |
| Gross operating margin9900 | €866,271 | €638,219 | €1.0m | €998,122 | €1.0m | ▲ 5.0% |
| Operating profit (loss)9901 | €199,233 | -€26,601 | €235,580 | €214,146 | €242,349 | ▲ 13.2% |
| Financial income75/76B | €6,344 | €2,099 | €5,242 | €12,990 | €1,606 | ▼ 87.6% |
| Recurring financial income75 | €0 | €114 | €634 | €12,034 | €1,606 | ▼ 86.7% |
| Non-recurring financial income76B | €6,344 | €1,986 | €4,609 | €956 | - | - |
| Financial charges65/66B | €25,473 | €28,694 | €38,905 | €32,969 | €24,221 | ▼ 26.5% |
| Recurring financial charges65 | €21,632 | €28,694 | €38,905 | €32,969 | €24,221 | ▼ 26.5% |
| Non-recurring financial charges66B | €3,842 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €180,104 | -€53,196 | €201,918 | €194,168 | €219,734 | ▲ 13.2% |
| Income taxes67/77 | €38,594 | €36,441 | €61,144 | €62,225 | €69,666 | ▲ 12.0% |
| Profit (loss) for the period9904 | €141,509 | -€89,637 | €140,774 | €131,942 | €150,068 | ▲ 13.7% |
| Profit (loss) for the period to be appropriated9905 | €141,509 | -€89,637 | €140,774 | €131,942 | €150,068 | ▲ 13.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.3m | €1.2m | €1.4m | €1.2m | €1.3m | ▲ 8.9% |
| Fixed assets21/28 | €676,960 | €630,970 | €632,835 | €572,944 | €450,475 | ▼ 21.4% |
| Intangible fixed assets21 | €646,966 | €573,939 | €512,313 | €459,630 | €401,520 | ▼ 12.6% |
| Tangible fixed assets22/27 | €13,862 | €42,407 | €106,090 | €100,146 | €28,984 | ▼ 71.1% |
| Plant, machinery and equipment23 | - | - | €6,825 | €5,306 | €3,787 | ▼ 28.6% |
| Furniture and vehicles24 | €13,862 | €13,746 | €74,882 | €74,735 | €9,370 | ▼ 87.5% |
| Other tangible fixed assets26 | - | €28,661 | €24,383 | €20,105 | €15,827 | ▼ 21.3% |
| Financial fixed assets28 | €16,131 | €14,625 | €14,432 | €13,167 | €19,971 | ▲ 51.7% |
| Current assets29/58 | €628,551 | €601,352 | €780,118 | €599,882 | €826,735 | ▲ 37.8% |
| Amounts receivable within one year40/41 | €407,665 | €460,640 | €558,009 | €414,537 | €345,687 | ▼ 16.6% |
| Trade receivables40 | €407,574 | €432,242 | €509,716 | €405,829 | €345,612 | ▼ 14.8% |
| Other amounts receivable41 | €91 | €28,399 | €48,293 | €8,708 | €74 | ▼ 99.1% |
| Cash at bank and in hand54/58 | €192,738 | €136,020 | €217,060 | €165,524 | €462,342 | ▲ 179% |
| Deferred charges and accrued income490/1 | €28,148 | €4,692 | €5,049 | €19,821 | €18,706 | ▼ 5.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.3m | €1.2m | €1.4m | €1.2m | €1.3m | ▲ 8.9% |
| Equity10/15 | €381,857 | €292,220 | €432,994 | €564,936 | €565,004 | = |
| Contributions10/11 | €326,000 | €326,000 | €326,000 | €326,000 | €326,000 | = |
| Capital10 | €326,000 | €326,000 | €326,000 | €326,000 | €326,000 | = |
| Issued capital100 | €326,000 | €326,000 | €326,000 | €326,000 | €326,000 | = |
| Reserves13 | €55,857 | €32,600 | €106,994 | €238,936 | €239,004 | = |
| Non-distributable reserves130/1 | €32,600 | €32,600 | €32,600 | €32,600 | €32,600 | = |
| Legal reserve130 | €32,600 | €32,600 | €32,600 | €32,600 | €32,600 | = |
| Distributable reserves133 | €23,257 | - | €74,394 | €206,336 | €206,404 | = |
| Profit (loss) carried forward14 | - | -€66,380 | - | - | €0 | - |
| Amounts payable17/49 | €923,653 | €940,103 | €979,959 | €607,890 | €712,206 | ▲ 17.2% |
| Amounts payable after more than one year17 | €427,491 | €459,380 | €309,570 | €113,297 | €51,234 | ▼ 54.8% |
| Financial debts170/4 | €427,491 | €384,380 | €249,570 | €113,297 | €51,234 | ▼ 54.8% |
| Other amounts payable178/9 | - | €75,000 | €60,000 | - | - | - |
| Amounts payable within one year42/48 | €492,322 | €477,222 | €666,889 | €490,369 | €660,371 | ▲ 34.7% |
| Current portion of amounts payable after more than one year42 | €107,626 | €124,785 | €132,715 | €140,198 | €66,119 | ▼ 52.8% |
| Financial debts43 | €157,294 | €124,115 | €129,522 | €98,832 | €72,509 | ▼ 26.6% |
| Credit institutions430/8 | €157,294 | €124,115 | €129,522 | €98,832 | €72,509 | ▼ 26.6% |
| Trade debts44 | €86,800 | €88,183 | €173,538 | €107,805 | €129,779 | ▲ 20.4% |
| Suppliers440/4 | €86,800 | €88,183 | €173,538 | €107,805 | €129,779 | ▲ 20.4% |
| Advances received on contracts in progress46 | - | €8,877 | €8,877 | - | - | - |
| Taxes, remuneration and social security45 | €110,100 | €104,989 | €212,539 | €143,268 | €241,926 | ▲ 68.9% |
| Taxes450/3 | €38,335 | €28,994 | €102,748 | €78,906 | €151,204 | ▲ 91.6% |
| Remuneration and social security454/9 | €71,765 | €75,995 | €109,792 | €64,362 | €90,722 | ▲ 41.0% |
| Other amounts payable47/48 | €30,502 | €26,272 | €9,698 | €267 | €150,038 | ▲ 56,168% |
| Accrued charges and deferred income492/3 | €3,840 | €3,500 | €3,500 | €4,224 | €601 | ▼ 85.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €141,509 | -€89,637 | €140,774 | €131,942 | €150,068 | ▲ 13.7% |
| + Depreciation and write-downs630 | €76,357 | €79,058 | €81,483 | €87,283 | €91,778 | ▲ 5.1% |
| Operating cash flow (approximation) | €217,866 | -€10,579 | €222,257 | €219,226 | €241,845 | ▲ 10.3% |
| Investment in fixed assets (approximation) | - | -€33,069 | -€83,347 | -€27,392 | €30,691 | ▲ 212% |
| Change in cash | - | -€56,718 | €81,040 | -€51,536 | €296,818 | ▲ 676% |
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
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €150,068 ▲13.7%
Operating result €242,349, net result €150,068, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €500,000Eq €564,936 ▲30.5%
2 profitable years in a row build equity to €564,936.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €140,774
Net result €140,774 after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €55,822
Net result €55,822 after 2 loss-making years.
31-12
Financial
Equity above €200,000Eq €240,348 ▲30.3%
Equity rises from €184,526 to €240,348.
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 39 days late
Show earlier events
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 17 acts read
About the unread acts
We know of 17 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
17 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, Tessenderlo-Ham · 1 establishment unit since 2001
Ground area
4,614 m²
Building footprint
875 m²
Volume, LiDAR
3,227 m³
Parcel 71363C0296/00T000, Flanders · tallest building 6.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Industrieweg (H) 45, 3980 Tessenderlo-Ham
since 20012.097.934.212
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71363C0296/00T000 | Flanders | 4,614 m² | 1 · 875 m² | 6.7 m · 1 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.
Structure & network
Part of the group
STUDIBO HOLDING
24 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
Highest known parent: STUDIBO HOLDING. The sources do not say who stands above it.
Owners 1
- Studibo Belgiumparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 10,920 EUR awarded · 10,607 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,779 EUR | 3,046 EUR |
| 2024 | 1 | 4,496 EUR | 3,215 EUR |
| 2023 | 1 | 2,412 EUR | 2,412 EUR |
| 2022 | 1 | 2,233 EUR | 1,934 EUR |
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EUROLASNE 2
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Of 24,517 companies in sector 82990 we hold annual accounts for 9,415. 5,661 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded21-12-2000
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0473588048
Registered
04-02-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.