Equity
€60,583 from €120,678 in 2012
Equity fell by 50% in 13 years.
VEMATECH
Lifetime
17 annual accounts with figures on one time axispeak €120,886 (2012)
€6,236▲ 9.8%
lowest -€92,799 (2013)
-€5,663▼ €5,476
peak €120,678 (2012)
€60,583▼ 8.5%
€6,205▼ 70.8%
peak 0 FTE (2016)
-not published
Board2 names since 2021
2 directorsQD-tec and 1 other
Owners
90%QD-tec
Documentsfilings and deeds
23-06-202638 days before the deadline
2025abbreviated format
Loss of €5,663Registered office moved within Merksplas 17-02Debts from €21,220 to €6,205Cash from €11,631 to €7,538
Key points
from the 2025 annual accountsLosses
-€5,849 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Turnover
≈ €30,000 estimated
The abbreviated format states no turnover.
Investments
€18,573 1.7 × depreciation
Green is investment, beige is depreciation.
Filings
17 annual accounts since 2009
The last five annual accounts were filed 21 to 41 days before the end of the period.
Position in the sector
90.7%
Higher solvency than 93% of companies in architecture and engineering. Sector median 47.3% · 2,565 companies.
Checked score
83
Excellent
Financially stronger than 48% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%▲ +0.1 percentage points vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.2 percentage points vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.4%▲ +0.1 percentage points vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026highest value
08-2026: 0.4%● unchanged vs 07-2026highest value
09-2026: 0.4%● unchanged vs 08-2026highest value
10-2026: 0.4%● unchanged vs 09-2026highest value
11-2026: 0.4%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
Loss of €5,663, the second in a row (financial year 2025)
lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Equity €60,583 (90.7% of total assets)
Calculation
The band follows from the bankruptcy probability. 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 (NACE 71, micro). It does better than 87% of them on solvency, 52% on liquidity, 24% on profitability and 29% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,908 companies had the same profile as VEMATECH has now. Each dot stands for 18 companies, two years later.
90.9%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VEMATECH itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 6,908 companies, not a prediction for VEMATECH. 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
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.05 (2.21 in 2024), above the usual 1.5. Short-term debt is 9.3% and cash 11.3% of total assets. 9.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€5,663
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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 days early
2024
41 days early
2023
22 days early
2022
21 days early
2021
40 days early
2020
16 days early
2019
29 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 30 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved within Merksplas
New registered office: Kerkstraat 16, 2330 Merksplas · Previous registered office: Steenweg op Beerse 59 bus 1, 2330 Merksplas · Permanent representative: van Eersel Dirk · Board meeting of 01-02-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0807243896
Appointment: Van Eersel Filip (director)
Permanent representative: Van Eersel Dirk · General meeting of 01-11-2023 · Gazette deed
Company renamed from VE-bouw to VEMATECH
Change of role: QD-tec, from manager to director · Permanent representative: Dirk Van Eersel · Director discharge: QD-tec · General meeting of 20-04-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VEMATECH Merksplas | €66,789 | €6,236 | 90.7% | - |
| Steepi Lochristi | €59,303 | €6,863 | 81.6% | - |
| ORCED Fernelmont | €61,203 | €7,584 | 76.5% | - |
| VIA ENERGETICA Boom | €78,579 | €4,588 | 44.3% | - |
| Innovated Engineering Consultancy Oudenaarde | €80,304 | €5,761 | 90.7% | - |
| Bureau Technique Havet René Tintigny | €65,181 | €6,159 | 98.7% | - |
| P-Engineering Temse | €60,450 | €4,922 | 17.7% | - |
These companies have the same main activity as VEMATECH: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €59,300 and €80,300, founded between 2004 and 2011.
Official details
Source: KBO- Status
- Active since 16-10-2008Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 4 others
- Establishment unit
- 2.174.427.4222330 Merksplas, since 21-10-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 10-11-2024
Annual accounts 2025
- €66,789▼ 23.6%
- Filing
- Filed on 23-06-2026, 38 days before the end of the filing period
Insights on VEMATECH
VEMATECH files the abbreviated format. That format states no turnover. The gross margin fell from €27,394 in 2009 to €6,236 in 2025.
QD-tec holds 90% of the shares.
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 VEMATECH
- What is the company number of VEMATECH?
- The company number of VEMATECH is 0807.243.896. The VAT number is the same number with BE in front: BE 0807.243.896.
- Where is VEMATECH based?
- The registered office is at Kerkstraat 16, 2330 Merksplas.Company details
- What does VEMATECH do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of VEMATECH?
- VEMATECH is a private limited company (BV).
- When was VEMATECH founded?
- VEMATECH was founded on 16-10-2008.
- Is VEMATECH still active?
- Yes, VEMATECH is an active enterprise in the KBO register.
- What is the turnover of VEMATECH?
- The turnover in financial year 2025 is ≈ €30,000. This figure is estimated from the gross margin of €6,236 and 47 comparable companies (NACE 71121). It probably lies between €19,000 and €69,000. It is a rough estimate.Financials
- Is VEMATECH profitable?
- In financial year 2025, VEMATECH made a loss of €5,663.
- Where can I find the annual accounts of VEMATECH?
- VEMATECH filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VEMATECH due?
- VEMATECH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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