VENN
ActiveSummary
The annual accounts of VENN for fiscal year 2025 show a net loss of 66% of the equity at the start of that year. The 2025 annual accounts show equity of €1.1m and a net result of -€282,929. Equity is growing by ~40.4% per year across the filed fiscal years. Its solvency ranks better than 32% of 2715 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability21▼-21
Solvency51▲+16
Growth68▼-17
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.3 against 1.01 in 2024; short-term debt: 56.9% and cash: 10.5% of total assets), and 74.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% 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
25.5%
Return on assets
-6.5%
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
44 d early
2023
27 d late
2022
16 d late
2021
3 d early
2020
17 d early
2019
47 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 on the deadline day; the sector median for financial year 2024 is 9 days before the deadline, and 33% 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
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#10 fastest grower in Zaventem, Telecoms and IT sector
Turnover
€8.5m▼ 11.1%
2024 · €9.6m
EBIT margin
-1.6%▼ 4.2pp
2024 · 2.6%
Net result
-€282,929
2024 · €106,367
Working capital
€738,881▲ 2,507%
2024 · €28,341
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€3.3m▲ 61.3%€4.4m▲ 31.7%€7.2m▲ 62.5%€9.6m▲ 34.0%€8.5m▼ 11.1%
Operating result€366,925▲ 167%-€1,238-€73,693▼ 5,853%€245,505-€137,904
Net result€284,300above the sector's middle half▲ 139%-€26,473below the sector's middle half-€199,763below the sector's middle half▼ 655%€106,367within the sector's middle half-€282,929below the sector's middle half
EBIT margin11.0%▲ 4.3pp0.0%▼ 11.0pp-1.0%▼ 1.0pp2.6%▲ 3.6pp-1.6%▼ 4.2pp
Equity€548,024above the sector's middle half▲ 108%€521,551within the sector's middle half▼ 4.8%€321,788within the sector's middle half▼ 38.3%€428,155within the sector's middle half▲ 33.1%€1.1mabove the sector's middle half▲ 157%
Total assets€1.7mabove the sector's middle half▲ 37.2%€3.2mabove the sector's middle half▲ 83.6%€4.5mabove the sector's middle half▲ 39.0%€4.5mabove the sector's middle half▲ 0.1%€4.3mabove the sector's middle half▼ 3.0%
Debt€1.2m▲ 18.7%€2.7m▲ 124%€4.1m▲ 54.1%€4.0m▼ 2.5%€3.2m▼ 20.0%
Working capital€565,269▲ 22.7%€1.2m▲ 107%€1.0m▼ 10.1%€28,341▼ 97.3%€738,881▲ 2,507%
Solvency31.4%below the sector's middle half▲ 10.7pp16.3%below the sector's middle half▼ 15.1pp7.2%below the sector's middle half▼ 9.1pp9.6%below the sector's middle half▲ 2.4pp25.5%within the sector's middle half▲ 15.9pp
Staff (FTE)11.2▲ 43.6%11.7within the sector's middle half▲ 4.5%13.1above the sector's middle half▲ 12.0%13.1above the sector's middle half=14.5above the sector's middle half▲ 10.7%
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
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 turns negative in 2025: a loss of €137,904 after €245,505 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.3m
Fixed assets
€1.1m ▲ 12.2%
Current assets
€3.2m ▼ 7.3%
Equity and liabilities €4.3m
Equity
€1.1m ▲ 157%
Debt
€3.2m ▼ 20.0%
Debt's share of the balance-sheet total falls from 90.4% to 74.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€130,635▼
2024 · €426,072
Cash flow
-€14,390▼
2024 · €286,934
Current ratio
1.30▲
2024 · 1.01
Quick ratio
1.13▲
2024 · 0.77
Debt to equity
2.92▼
2024 · 9.40
ROE
-25.7%▼
2024 · 24.8%
ROA
-6.5%▼
2024 · 2.4%
Interest coverage
0.90▼
2024 · 2.71
Debt ≤ 1 year
€2.5m▼
2024 · €3.4m
Debt > 1 year
€145,864▲
2024 · €56,417
Income taxes
€3,000▲
2024 · €2,713
Staff costs
€1.2m▲
2024 · €1.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,419 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a small loss
0.8%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.5% 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 1,419 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 |
|---|---|---|---|---|---|---|
| Turnover70 | €3.3m | €4.4m | €7.2m | €9.6m | €8.5m | ▼ 11.1% |
| Non-recurring operating income76A | €910 | €0 | - | - | €9,524 | - |
| Goods, raw materials, services and sundry goods60/61 | €2.2m | €3.4m | €5.8m | €8.1m | €7.2m | ▼ 11.6% |
| Remuneration, social security and pensions62 | €751,584 | €906,890 | €1.1m | €1.0m | €1.2m | ▲ 17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €152,663 | €175,111 | €198,443 | €180,567 | €268,539 | ▲ 48.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €52,743 | €0 | €453 | - |
| Other operating charges640/8 | €2,263 | €3,295 | €24,363 | €23,093 | €15,365 | ▼ 33.5% |
| Non-recurring operating charges66A | €1,033 | €5,210 | €11,320 | €1,646 | €0 | ▼ 100% |
| Gross operating margin9900 | €1.3m | €1.1m | €1.3m | €1.5m | €1.4m | ▼ 8.2% |
| Operating profit (loss)9901 | €366,925 | -€1,238 | -€73,693 | €245,505 | -€137,904 | ▼ 156% |
| Financial income75/76B | €327 | €1,368 | €812 | €20,880 | €33,311 | ▲ 59.5% |
| Recurring financial income75 | €327 | €1,368 | €362 | €20,880 | €33,311 | ▲ 59.5% |
| Non-recurring financial income76B | - | - | €450 | €0 | - | - |
| Financial charges65/66B | €19,389 | €25,357 | €125,482 | €157,305 | €175,335 | ▲ 11.5% |
| Recurring financial charges65 | €19,389 | €25,357 | €125,482 | €157,305 | €144,855 | ▼ 7.9% |
| Non-recurring financial charges66B | - | - | - | - | €30,480 | - |
| Profit (loss) for the period before taxes9903 | €347,863 | -€25,227 | -€198,363 | €109,080 | -€279,929 | ▼ 357% |
| Income taxes67/77 | €63,563 | €1,245 | €1,400 | €2,713 | €3,000 | ▲ 10.6% |
| Profit (loss) for the period9904 | €284,300 | -€26,473 | -€199,763 | €106,367 | -€282,929 | ▼ 366% |
| Profit (loss) for the period to be appropriated9905 | €284,300 | -€26,473 | -€199,763 | €106,367 | -€282,929 | ▼ 366% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.7m | €3.2m | €4.5m | €4.5m | €4.3m | ▼ 3.0% |
| Fixed assets21/28 | €335,407 | €360,941 | €563,722 | €1.0m | €1.1m | ▲ 12.2% |
| Intangible fixed assets21 | €46,576 | €16,782 | €29,783 | €285,245 | €422,001 | ▲ 47.9% |
| Tangible fixed assets22/27 | €248,566 | €302,166 | €311,050 | €171,823 | €67,162 | ▼ 60.9% |
| Furniture and vehicles24 | €57,101 | €75,490 | €62,422 | €56,483 | €29,127 | ▼ 48.4% |
| Other tangible fixed assets26 | €191,465 | €226,676 | €248,627 | €115,341 | €38,036 | ▼ 67.0% |
| Financial fixed assets28 | €40,265 | €41,993 | €222,889 | €543,017 | €632,618 | ▲ 16.5% |
| Current assets29/58 | €1.4m | €2.8m | €3.9m | €3.5m | €3.2m | ▼ 7.3% |
| Stocks and contracts in progress3 | €237,525 | €1.3m | €1.2m | €821,487 | €431,271 | ▼ 47.5% |
| Stocks30/36 | €237,525 | €1.3m | €1.2m | €821,487 | €431,271 | ▼ 47.5% |
| Amounts receivable within one year40/41 | €791,158 | €1.1m | €2.3m | €2.1m | €2.3m | ▲ 12.0% |
| Trade receivables40 | €737,846 | €1.1m | €2.3m | €2.1m | €2.2m | ▲ 8.8% |
| Other amounts receivable41 | €53,312 | €40,812 | €9,160 | €935 | €66,090 | ▲ 6,970% |
| Cash at bank and in hand54/58 | €356,092 | €316,515 | €332,514 | €496,761 | €453,072 | ▼ 8.8% |
| Deferred charges and accrued income490/1 | €23,871 | €69,788 | €89,651 | €67,215 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.7m | €3.2m | €4.5m | €4.5m | €4.3m | ▼ 3.0% |
| Equity10/15 | €548,024 | €521,551 | €321,788 | €428,155 | €1.1m | ▲ 157% |
| Contributions10/11 | €257,200 | €257,200 | €257,200 | €257,200 | €1.2m | ▲ 372% |
| Capital10 | €175,534 | €175,534 | €175,534 | - | - | - |
| Issued capital100 | €187,934 | €187,934 | €187,934 | - | - | - |
| Uncalled capital101 | €12,400 | €12,400 | €12,400 | - | - | - |
| Outside capital11 | €81,666 | €81,666 | €81,666 | - | - | - |
| Share premium1100/10 | €81,666 | €81,666 | €81,666 | - | - | - |
| Reserves13 | €18,793 | €18,793 | €18,793 | €18,793 | €18,793 | = |
| Non-distributable reserves130/1 | €18,793 | €18,793 | €18,793 | €18,793 | €18,793 | = |
| Legal reserve130 | €18,793 | €18,793 | €18,793 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €18,793 | €18,793 | = |
| Profit (loss) carried forward14 | €272,030 | €245,558 | €45,795 | €152,162 | -€130,767 | ▼ 186% |
| Amounts payable17/49 | €1.2m | €2.7m | €4.1m | €4.0m | €3.2m | ▼ 20.0% |
| Amounts payable after more than one year17 | €158,701 | €791,186 | €771,576 | €56,417 | €145,864 | ▲ 159% |
| Financial debts170/4 | €158,701 | €791,186 | €771,576 | €33,413 | €14,186 | ▼ 57.5% |
| Other amounts payable178/9 | - | - | - | €23,004 | €131,678 | ▲ 472% |
| Amounts payable within one year42/48 | €843,378 | €1.7m | €2.8m | €3.4m | €2.5m | ▼ 28.1% |
| Current portion of amounts payable after more than one year42 | €74,454 | €67,515 | €637,690 | €1.3m | €1.3m | ▼ 1.8% |
| Financial debts43 | - | €501,000 | €924,000 | €507,798 | €509,353 | ▲ 0.3% |
| Other loans439 | - | €501,000 | €924,000 | €507,798 | €509,353 | ▲ 0.3% |
| Trade debts44 | €454,947 | €822,569 | €957,056 | €1.4m | €399,510 | ▼ 70.7% |
| Suppliers440/4 | €454,947 | €822,569 | €957,056 | €1.4m | €399,510 | ▼ 70.7% |
| Taxes, remuneration and social security45 | €310,664 | €278,561 | €314,998 | €219,579 | €232,174 | ▲ 5.7% |
| Taxes450/3 | €190,079 | €153,187 | €114,192 | €93,216 | €37,495 | ▼ 59.8% |
| Remuneration and social security454/9 | €120,585 | €125,374 | €200,806 | €126,363 | €194,679 | ▲ 54.1% |
| Other amounts payable47/48 | €3,312 | €3,312 | €3,312 | €3,312 | €10,916 | ▲ 230% |
| Accrued charges and deferred income492/3 | €193,951 | €215,713 | €519,815 | €543,855 | €612,701 | ▲ 12.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €284,300 | -€26,473 | -€199,763 | €106,367 | -€282,929 | ▼ 366% |
| + Depreciation and write-downs630 | €152,663 | €175,111 | €198,443 | €180,567 | €268,539 | ▲ 48.7% |
| Operating cash flow (approximation) | €436,963 | €148,638 | -€1,320 | €286,934 | -€14,390 | ▼ 105% |
| Investment in fixed assets (approximation) | - | -€200,645 | -€401,223 | -€616,931 | -€390,234 | ▲ 36.7% |
| Change in cash | - | -€39,576 | €15,998 | €164,248 | -€43,689 | ▼ 127% |
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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet -€282,929
Net result drops to -€282,929, the lowest in the series.
31-12
Financial
Equity above €1mEq €1.1m ▲157%
Equity rises from €428,155 to €1.1m.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €106,367
Net result €106,367 after 2 loss-making years.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 16 days late
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €284,300 ▲139%
Operating result €366,925, net result €284,300, both a record.
31-12
Financial
Equity above €500,000Eq €548,024 ▲108%
2 profitable years in a row build equity to €548,024.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €118,830
Net result €118,830 after one loss-making year.
Show earlier events
31-12
Financial
Equity above €200,000Eq €263,724 ▲82%
Equity rises from €144,894 to €263,724.
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 47 days late
2019
31-12
Financial
Equity above €100,000Eq €144,894 ▲212%
Equity rises from €46,395 to €144,894.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-06
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.
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, Zaventem · 1 establishment unit since 2014
Ground area
6,351 m²
Building footprint
2,283 m²
Volume, LiDAR
54,168 m³
Parcel 23078C0183/00Z000, Flanders · tallest building 30.1 m, ±8 floors. Linked by address, not a title deed.
15
companies at this address
See who is registered here
1 establishment unit
Lenneke Marelaan 6, 1932 Zaventem
since 20142.232.868.140
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23078C0183/00Z000 | Flanders | 6,351 m² | 1 · 2,283 m² | 30.1 m · 8 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
Owners and holdings
1 owner · 2 holdingsOwners 1
-
10.41%
Holdings 2
-
100%
-
80%
According to the 2025 annual accounts of VENN and those 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
2024 to 2025 · 3 entries · 12,500 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 0 EUR | 0 EUR |
| 2024 | 1 | 12,500 EUR | 0 EUR |
European Union, budget
2025 · 2 entries · 335,980 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2025 | 2 | 335,980 EUR |
Projects
SCS5-VENN-EEAS-2023-NP-0313 SERVICES Y2025 - SOF014
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,396. 8,047 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-07-2014
Fiscal year end31-12
Activities, NACEBEL 2025
61100Wired, wireless and satellite telecommunications
61200Telecommunications resale and intermediation services
62200Computer consultancy and computer facilities management
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
46500Wholesale of information and communication equipment
62900Other information technology and computer services
62100Computer programming
70200Business and other management consultancy
73300Public relations and communication consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0555735368
Also
9925:BE0555735368
Registered
07-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.