VEPABO
ActiveSummary
VEPABO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35k and a net result of €6k. Equity is shrinking by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 47% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▲+70
Solvency76▲+3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.86 against 1.69 in 2024; short-term debt: 48.4% and cash: 16.8% of total assets), and 48.7% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Three 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% 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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 21-01-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
on the day
2023
on the day
2022
11 d early
2021
10 d early
2020
8 d early
2019
8 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 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 Hiring this company for building work? Recognition, activities and what to check first.Contractor check Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Financials · fiscal year 2025, micro schema
Turnover
€131k
EBIT margin
5.0%
Net result
€6k
2024 · €-43k
Working capital
€28k▲ 34.7%
2024 · €21k
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
Turnover€131k
Operating result€37k▲ 8,338%€25k▼ 33.4%€-21k€-42k▼ 97.5%€7k
Net result€26k▲ 31,833%€17k▼ 35.7%€-22k€-43k▼ 96.5%€6k
EBIT margin5.0%
Equity€78k▲ 21.6%€93k▲ 18.8%€71k▼ 23.3%€29k▼ 59.8%€35k▲ 21.9%
Total assets€114k▲ 21.6%€124k▲ 8.8%€101k▼ 18.9%€60k▼ 40.4%€68k▲ 13.8%
Debt€36k▲ 21.5%€31k▼ 13.3%€29k▼ 5.5%€31k▲ 6.9%€33k▲ 6.4%
Working capital€62k▲ 32.4%€75k▲ 20.7%€60k▼ 20.6%€21k▼ 64.7%€28k▲ 34.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €7k after a loss of €42k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €68k
Fixed assets
€7k ▼ 19.6%
Current assets
€61k ▲ 19.3%
Equity and liabilities €68k
Equity
€35k ▲ 21.9%
Debt
€33k ▲ 6.4%
Debt's share of the balance-sheet total falls from 52.1% to 48.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€9k▲
2024 · €-38k
Cash flow
€9k▲
2024 · €-38k
Current ratio
1.86▲
2024 · 1.69
Debt to equity
0.95▼
2024 · 1.09
ROE
17.9%▲
2024 · -148.5%
ROA
9.2%▲
2024 · -71.2%
Interest coverage
26.01▲
2024 · -107.68
Debt ≤ 1 year
€33k▲
2024 · €30k
Income taxes
€0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €131k | - |
| Non-recurring operating income76A | - | - | - | - | €0 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €118k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €11k | €11k | €5k | €3k | ▼ 39.0% |
| Other operating charges640/8 | - | €2k | €6k | €2k | €4k | ▲ 100% |
| Non-recurring operating charges66A | - | - | - | - | €160 | - |
| Gross operating margin9900 | €48k | €38k | €-5k | €-36k | €14k | ▲ 138% |
| Operating profit (loss)9901 | €37k | €25k | €-21k | €-42k | €7k | ▲ 116% |
| Financial income75/76B | - | €4 | €27 | €36 | €32 | ▼ 11.2% |
| Recurring financial income75 | €0 | €4 | €27 | €36 | €32 | ▼ 11.2% |
| Financial charges65/66B | - | €378 | €295 | €349 | €365 | ▲ 4.4% |
| Recurring financial charges65 | €329 | €378 | €295 | €349 | €365 | ▲ 4.4% |
| Profit (loss) for the period before taxes9903 | €37k | €24k | €-22k | €-43k | €6k | ▲ 115% |
| Income taxes67/77 | €10k | €7k | - | - | €0 | - |
| Profit (loss) for the period9904 | €26k | €17k | €-22k | €-43k | €6k | ▲ 115% |
| Profit (loss) for the period to be appropriated9905 | €26k | €17k | €-22k | €-43k | €6k | ▲ 115% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €114k | €124k | €101k | €60k | €68k | ▲ 13.8% |
| Fixed assets21/28 | €23k | €20k | €12k | €8k | €7k | ▼ 19.6% |
| Tangible fixed assets22/27 | €23k | €20k | €12k | €8k | €7k | ▼ 19.6% |
| Plant, machinery and equipment23 | - | €5k | €6k | €4k | €2k | ▼ 33.5% |
| Furniture and vehicles24 | - | €10k | €2k | €2k | €811 | ▼ 51.4% |
| Other tangible fixed assets26 | - | €4k | €4k | €3k | €4k | ▲ 12.0% |
| Current assets29/58 | €91k | €104k | €89k | €51k | €61k | ▲ 19.3% |
| Amounts receivable within one year40/41 | €53k | €55k | €46k | €25k | €47k | ▲ 84.7% |
| Trade receivables40 | - | €52k | €38k | €20k | €47k | ▲ 136% |
| Other amounts receivable41 | - | €2k | €8k | €6k | €126 | ▼ 97.7% |
| Cash at bank and in hand54/58 | €35k | €48k | €41k | €24k | €11k | ▼ 51.7% |
| Deferred charges and accrued income490/1 | - | €2k | €2k | €2k | €3k | ▲ 29.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €114k | €124k | €101k | €60k | €68k | ▲ 13.8% |
| Equity10/15 | €78k | €93k | €71k | €29k | €35k | ▲ 21.9% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €72k | €87k | €87k | €85k | €85k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €85k | €85k | €85k | €85k | = |
| Profit (loss) carried forward14 | - | - | €-22k | €-62k | €-56k | ▲ 10.1% |
| Amounts payable17/49 | €36k | €31k | €29k | €31k | €33k | ▲ 6.4% |
| Amounts payable after more than one year17 | €6k | €2k | - | - | - | - |
| Financial debts170/4 | - | €2k | - | - | - | - |
| Amounts payable within one year42/48 | €29k | €29k | €29k | €30k | €33k | ▲ 8.6% |
| Current portion of amounts payable after more than one year42 | - | €5k | €2k | - | - | - |
| Trade debts44 | €6k | €4k | €10k | €14k | €7k | ▼ 50.1% |
| Suppliers440/4 | - | €4k | €10k | €14k | €7k | ▼ 50.1% |
| Taxes, remuneration and social security45 | - | €6k | €6k | €3k | €11k | ▲ 251% |
| Taxes450/3 | - | €6k | €6k | €3k | €11k | ▲ 251% |
| Other amounts payable47/48 | - | €14k | €11k | €14k | €15k | ▲ 10.3% |
| Accrued charges and deferred income492/3 | - | €174 | €192 | €816 | €198 | ▼ 75.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26k | €17k | €-22k | €-43k | €6k | ▲ 115% |
| + Depreciation and write-downs630 | €10k | €11k | €11k | €5k | €3k | ▼ 39.0% |
| Operating cash flow (approximation) | €37k | €28k | €-10k | €-38k | €9k | ▲ 124% |
| Investment in fixed assets (approximation) | - | €-8k | €-3k | €-1k | €-1k | ▲ 11.6% |
| Change in cash | - | €13k | €-7k | €-17k | €-12k | ▲ 28.1% |
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
21-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Weakest financial yearnet €-43k
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
23-12
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 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Stekene · 1 establishment unit since 2013
Ground area
2,393 m²
Building footprint
353 m²
2 parcels, Flanders. Linked by address, not a title deed.
1 establishment unit
VEPABO
since 20132.221.325.041
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46322C1405/00C000 | Flanders | 1,708 m² | 1 · 162 m² | - |
| 46024B1312/00B002 | Flanders | 684 m² | 1 · 190 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 203 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 203 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
QUIRIJN THIJS ARCHITECT
BE 0808.972.377
Gent · Eq €34,974
ARSBE Atelier d'Architecture
BE 0847.333.602
Oudergem · Eq €35,040
Archi10
BE 0746.886.637
Tessenderlo-Ham · Eq €35,043
ED ARCHITECTURE
BE 0786.199.054
Doische · Eq €34,953
Architectenbureau Paul Cox
BE 0882.302.003
Pelt · Eq €35,068
Of 18,249 companies in sector 71111 we hold annual accounts for 6,320. 5,071 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
Founded24-06-2002
Fiscal year end30-06
Activities, NACEBEL 2025
71111Activities of building architects
66210Risk and damage evaluation
Scores and ratios are computed by Checked and are not a credit decision.