VEPECO
ActiveVEPECO has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-84k) and a net result of €33k. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 31510 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency33=
Growth58=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.15 against 0.07 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-562.2%
Return on assets
219.8%
Age of the figures
8 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 31510 sector peers (2025).
NBB · sector comparisonPosition among 31510 sector peers
Solvency
better than 5%
← weakest
strongest →
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
29 d late
2023
26 d late
2022
30 d late
2021
30 d late
2020
39 d late
2019
24 d late
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-84k▲ 28.1%
2024 · €-117k
2018: €167k
2019: €-181k
2020: €-205k
2021: €-145k
2022: €-154k
2023: €-140k
2024: €-117k
2018 → 2025
Total assets
€15k▲ 67.8%
2024 · €9k
2018: €701k
2019: €295k
2020: €97k
2021: €106k
2022: €34k
2023: €9k
2024: €9k
2018 → 2025
Net result
€33k▲ 39.5%
2024 · €24k
2018: €3k
2019: €-347k
2020: €-38k
2021: €60k
2022: €-9k
2023: €14k
2024: €24k
2018 → 2025
Working capital
€-84k▲ 28.1%
2024 · €-117k
2018: €-484k
2019: €-443k
2020: €-205k
2021: €-145k
2022: €-154k
2023: €-140k
2024: €-117k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-145k-€-154k▼ 6.3%€-140k▲ 8.9%€-117k▲ 16.8%€-84k▲ 28.1%
Operating result€60k-€-3k€20k€36k▲ 81.1%€49k▲ 38.5%
Net result€60k-€-9k€14k€24k▲ 71.2%€33k▲ 39.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 39% above 2024.
Key figures and ratios
Solvency
-562.2%
Current ratio
0.15▲
2024 · 0.07
Quick ratio
0.15▲
2024 · 0.07
Debt / equity
-1.18▼
2024 · -1.08
ROE
-39.1%▼
2024 · -20.1%
ROA
219.8%▼
2024 · 264.4%
Debt
€99k▼
2024 · €126k
Debt ≤ 1 year
€99k▼
2024 · €126k
Income taxes
€16k▲
2024 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€9k€15k▲
Current assets29/58€9k€15k▲
Amounts receivable within one year40/41€80€15k▲
Trade receivables40€80€15k▲
Cash at bank and in hand54/58€9k€314▼
Deferred charges and accrued income490/1-€44
Equity and liabilities
Total equity and liabilities10/49€9k€15k▲
Equity10/15€-117k€-84k▲
Contributions10/11€20k€20k=
Reserves13€38k€71k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€36k€69k▲
Profit (loss) carried forward14€-175k€-175k=
Amounts payable17/49€126k€99k▼
Amounts payable within one year42/48€126k€99k▼
Trade debts44€22€91▲
Suppliers440/4€22€91▲
Advances received on contracts in progress46€18k-
Taxes, remuneration and social security45€21k€31k▲
Taxes450/3€21k€31k▲
Other amounts payable47/48€87k€68k▼
Income statement
Code20242025
Other operating charges640/8€505€689▲
Gross operating margin9900€36k€50k▲
Operating profit (loss)9901€36k€49k▲
Financial charges65/66B€172€42▼
Recurring financial charges65€172€42▼
Profit (loss) for the period before taxes9903€35k€49k▲
Income taxes67/77€12k€16k▲
Profit (loss) for the period9904€24k€33k▲
Profit (loss) for the period to be appropriated9905€24k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-152k€-142k▲
Profit (loss) brought forward from the previous period14P€-176k€-175k▲
Transfer to equity691/2€23k€33k▲
To other reserves6921€23k€33k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial
Back to profitnet €60k
Net result €60k after 2 loss-making years.
08-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 39 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 24 days late
2019
31-12
Financial
Weakest financial yearnet €-347k ▼10134%
Net result drops to €-347k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Bornem · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rijksweg(BOR) 15A2880 BornemGround area
3.5 ha
Building footprint
1.9 ha
Volume, LiDAR
163,207 m³
2 parcels, Flanders · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Vepeco
since 20082.174.083.170
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12007C0360/00L000 | Flanders | 2.2 ha | 1 · 1.3 ha | 12.6 m · 3 fl. |
| 12007C0360/00P000 | Flanders | 1.4 ha | 1 · 6,630 m² | 10.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 40,572 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-08-2008
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:(03)890 45 85