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VEMA

Active Private limited companyfounded 1987active for 38 yearsRue Yernawe 44, 4470 Saint-Georges-sur-MeuseKBO/BCE: BE 0433.006.515 #2 oldest company in Saint-Georges-sur-Meuse, Construction sector

Lifetime

20 annual accounts with figures on one time axis, 26 filings since 1995
peak €61,388 (2011)
€13,902▼ 39.6%
lowest -€14,176 (2009)
-€4,536▼ €10,848
peak €77,602 (2014)
€56,590▼ 7.4%
€37,541▼ 14.3%
peak 0.9 FTE (2007)
-not published
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €22,999 to €13,902Loss of €4,536Cash from €80 to €4,582

Key points

from the 2025 annual accounts

Turnover

≈ €190,000 estimated

The micro format states no turnover.

Filings

26 annual accounts since 1995
AprilJune31 JulyOctober200020102020

Eight of the last ten came late. The 2021 accounts came latest: 31 days after the end of the period.

Position in the sector

-€4,536

Lower net result than 83% of companies in specialised construction. Sector median €10,190 · 35,144 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 12,322 companies had the same profile as VEMA has now. Each dot stands for 31 companies, two years later.

90.3%
were still trading
8.5%
stopped another way
0.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.5% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 12,322 companies, not a prediction for VEMA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0433006515
2 managers resigning, 2 directors reappointed Resignations: (manager) and (manager) · Reappointments: (director) and (director) · General meeting of 22-12-2023 · Gazette deed
First establishment Rue Vingt Ponts 77, Saint-Georges-sur-Meuse
Incorporation published on 23-01-1988 · Gazette deed
All 37 events

Comparable companies

same main activity, similar in size and age
Company
VEMA Saint-Georges-sur-Meuse €94,131 €13,902 60.1% -
SANI CHALEUR Welkenraedt €84,732 €15,637 -171.7% -
Centrale Verwarming en Sanitair VERSCHAEVE Zedelgem €96,560 €14,943 95.7% -
STEEN Zedelgem €99,700 €15,524 49.9% -
VAN DEN BOSSCHE MARC Herzele €97,386 €12,923 94.4% -
ERIC PUTS Lokeren €83,049 €13,434 83.0% -
MERTENS Baelen €81,534 €13,618 -11.0% -

These companies have the same main activity as VEMA: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €81,500 and €99,700, founded between 1988 and 1993.

Official details

Source: KBO
Status
Active since 29-12-1987Normal situation
Activity
Installation of electric heating, air conditioning, cooling and ventilationNACE 43222
Establishment unit
2.145.579.7214470 Saint-Georges-sur-Meuse, since 11-05-2001
Financial year end
31 December
Peppol
Reachable since 01-12-2025
Company details

Annual accounts 2025

€94,131▼ 10.3%
Filing
Filed on 31-08-2026
Financials

Insights on VEMA

VEMA files the micro format. That format states no turnover. The gross margin fell from €22,025 in 2006 to €13,902 in 2025.

The balance sheet grew most in 2008 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about VEMA

What is the company number of VEMA?
The company number of VEMA is 0433.006.515. The VAT number is the same number with BE in front: BE 0433.006.515.
Where is VEMA based?
The registered office is at Rue Yernawe 44, 4470 Saint-Georges-sur-Meuse.Company details
What does VEMA do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of VEMA?
VEMA is a private limited company (BV).
When was VEMA founded?
VEMA was founded on 29-12-1987.
Is VEMA still active?
Yes, VEMA is an active enterprise in the KBO register.
What is the turnover of VEMA?
The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €13,902 and 31 comparable companies (NACE 43222). It probably lies between €130,000 and €270,000. It is a rough estimate.Financials
Is VEMA profitable?
In financial year 2025, VEMA made a loss of €4,536.
Where can I find the annual accounts of VEMA?
VEMA filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VEMA due?
VEMA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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