VEPIDA
ActiveSummary
VEPIDA has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €111k and a net result of €33k. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 32% of 4178 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▲+7
Solvency46▲+6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 1.64 against 1.48 in 2024; short-term debt: 19.7% and cash: 18.6% of total assets), but 79.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
20.7%
Return on assets
6.1%
Age of the figures
15 mo
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 09-01-2026, 22 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
22 d early
2024
24 d early
2023
23 d early
2022
50 d early
2021
7 d early
2020
18 d early
2019
3 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
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€33k▲ 839%
2024 · €3k
2019: €18k
2020: €19k▲ +9.4% vs 2019
2021: €99k▲ +411% vs 2020highest in 7 years
2022: €28k▼ -71.8% vs 2021
2023: €-92k▼ -431% vs 2022lowest in 7 years
2024: €3k▲ +104% vs 2023
2025: €33k▲ +839% vs 2024
2019 → 2025
Working capital
€68k▲ 0.9%
2024 · €67k
2019: €31k
2020: €33k▲ +6.3% vs 2019
2021: €59k▲ +78.3% vs 2020
2022: €59k● +0.0% vs 2021
2023: €9k▼ -85.4% vs 2022lowest in 7 years
2024: €67k▲ +676% vs 2023
2025: €68k▲ +0.9% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€167k-€194k▲ 16.1%€101k▼ 47.9%€104k▲ 2.6%€111k▲ 6.4%
2021: €167k
2022: €194k▲ +16.1% vs 2021highest in 5 years
2023: €101k▼ -47.9% vs 2022lowest in 5 years
2024: €104k▲ +2.6% vs 2023
2025: €111k▲ +6.4% vs 2024
Operating result€151k-€52k▼ 65.3%€-79k€14k€43k▲ 214%
2021: €151khighest in 5 years
2022: €52k▼ -65.3% vs 2021
2023: €-79k▼ -252% vs 2022lowest in 5 years
2024: €14k▲ +117% vs 2023
2025: €43k▲ +214% vs 2024
Net result€99k-€28k▼ 71.8%€-92k€3k€33k▲ 839%
2021: €99khighest in 5 years
2022: €28k▼ -71.8% vs 2021
2023: €-92k▼ -431% vs 2022lowest in 5 years
2024: €3k▲ +104% vs 2023
2025: €33k▲ +839% vs 2024
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 214% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €534k
Fixed assets
€361k ▼ 26.8%
Current assets
€173k ▼ 16.8%
Equity and liabilities €534k
Equity
€111k ▲ 6.4%
Debt
€424k ▼ 29.1%
Debt's share of the balance-sheet total falls from 85.2% to 79.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€175k▲
2024 · €146k
Cash flow
€165k▲
2024 · €136k
Current ratio
1.64▲
2024 · 1.48
Quick ratio
1.21▼
2024 · 1.22
Debt to equity
3.83▼
2024 · 5.75
ROE
29.6%▲
2024 · 3.3%
ROA
6.1%▲
2024 · 0.5%
Interest coverage
15.54▲
2024 · 11.89
Debt ≤ 1 year
€105k▼
2024 · €141k
Debt > 1 year
€318k▼
2024 · €453k
Income taxes
€203▼
2024 · €214
Staff costs
€353k▲
2024 · €326k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€701k€534k▼
Fixed assets21/28€493k€361k▼
Intangible fixed assets21€28k€19k▼
Tangible fixed assets22/27€465k€342k▼
Plant, machinery and equipment23€404k€308k▼
Furniture and vehicles24€50k€34k▼
Leasing and similar rights25€11k€0▼
Current assets29/58€208k€173k▼
Stocks and contracts in progress3€37k€46k▲
Stocks30/36€37k€46k▲
Amounts receivable within one year40/41€16k€4k▼
Trade receivables40€6k€2k▼
Other amounts receivable41€10k€2k▼
Current investments50/53€14k€14k▲
Cash at bank and in hand54/58€135k€99k▼
Deferred charges and accrued income490/1€6k€10k▲
Equity and liabilities
Total equity and liabilities10/49€701k€534k▼
Equity10/15€104k€111k▲
Contributions10/11€19k€19k=
Reserves13€171k€146k▼
Distributable reserves133€171k€146k▼
Profit (loss) carried forward14€-89k€-56k▲
Investment grants15€3k€2k▼
Amounts payable17/49€597k€424k▼
Amounts payable after more than one year17€453k€318k▼
Financial debts170/4€166k€99k▼
Other amounts payable178/9€286k€218k▼
Amounts payable within one year42/48€141k€105k▼
Current portion of amounts payable after more than one year42€81k€60k▼
Trade debts44€11k€9k▼
Suppliers440/4€11k€9k▼
Taxes, remuneration and social security45€49k€34k▼
Taxes450/3€15k€13k▼
Remuneration and social security454/9€34k€22k▼
Other amounts payable47/48-€1k
Accrued charges and deferred income492/3€4k€890▼
Income statement
Code20242025
Remuneration, social security and pensions62€326k€353k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€132k€132k▼
Other operating charges640/8€5k€5k▲
Gross operating margin9900€477k€533k▲
Operating profit (loss)9901€14k€43k▲
Financial income75/76B€2k€952▼
Recurring financial income75€2k€952▼
Financial charges65/66B€12k€11k▼
Recurring financial charges65€12k€11k▼
Profit (loss) for the period before taxes9903€4k€33k▲
Income taxes67/77€214€203▼
Profit (loss) for the period9904€3k€33k▲
Profit (loss) for the period to be appropriated9905€3k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-89k€-56k▲
Profit (loss) brought forward from the previous period14P€-92k€-89k▲
Transfer from equity791/2-€25k
Profit to be distributed694/7-€25k
Return on contributions (dividend)694-€25k
Social balance
Average headcount (FTE)908711.410.4▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €272k | €304k | €326k | €353k | ▲ 8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €88k | €107k | €120k | €132k | €132k | ▼ 0.1% |
| Other operating charges640/8 | - | €6k | €8k | €5k | €5k | ▲ 0.1% |
| Gross operating margin9900 | €481k | €438k | €352k | €477k | €533k | ▲ 11.6% |
| Operating profit (loss)9901 | €151k | €52k | €-79k | €14k | €43k | ▲ 214% |
| Financial income75/76B | - | €977 | €1k | €2k | €952 | ▼ 56.8% |
| Recurring financial income75 | €1k | €977 | €1k | €2k | €952 | ▼ 56.8% |
| Financial charges65/66B | - | €14k | €14k | €12k | €11k | ▼ 8.2% |
| Recurring financial charges65 | €13k | €14k | €14k | €12k | €11k | ▼ 8.2% |
| Profit (loss) for the period before taxes9903 | €139k | €40k | €-92k | €4k | €33k | ▲ 790% |
| Income taxes67/77 | €40k | €12k | €218 | €214 | €203 | ▼ 5.2% |
| Profit (loss) for the period9904 | €99k | €28k | €-92k | €3k | €33k | ▲ 839% |
| Profit (loss) for the period to be appropriated9905 | €99k | €28k | €-92k | €3k | €33k | ▲ 839% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €786k | €695k | €722k | €701k | €534k | ▼ 23.8% |
| Fixed assets21/28 | €575k | €506k | €582k | €493k | €361k | ▼ 26.8% |
| Intangible fixed assets21 | €57k | €47k | €38k | €28k | €19k | ▼ 33.3% |
| Tangible fixed assets22/27 | €518k | €459k | €544k | €465k | €342k | ▼ 26.4% |
| Plant, machinery and equipment23 | - | €415k | €457k | €404k | €308k | ▼ 23.8% |
| Furniture and vehicles24 | - | €9k | €64k | €50k | €34k | ▼ 30.9% |
| Leasing and similar rights25 | - | €35k | €23k | €11k | €0 | ▼ 100% |
| Current assets29/58 | €211k | €189k | €140k | €208k | €173k | ▼ 16.8% |
| Stocks and contracts in progress3 | €44k | €46k | €40k | €37k | €46k | ▲ 23.4% |
| Stocks30/36 | - | €46k | €40k | €37k | €46k | ▲ 23.4% |
| Amounts receivable within one year40/41 | €6k | €33k | €33k | €16k | €4k | ▼ 73.7% |
| Trade receivables40 | - | €2k | €18k | €6k | €2k | ▼ 65.4% |
| Other amounts receivable41 | - | €32k | €16k | €10k | €2k | ▼ 78.8% |
| Current investments50/53 | €14k | €14k | €14k | €14k | €14k | ▲ 0.5% |
| Cash at bank and in hand54/58 | €140k | €87k | €42k | €135k | €99k | ▼ 26.5% |
| Deferred charges and accrued income490/1 | - | €9k | €11k | €6k | €10k | ▲ 64.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €786k | €695k | €722k | €701k | €534k | ▼ 23.8% |
| Equity10/15 | €167k | €194k | €101k | €104k | €111k | ▲ 6.4% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €144k | €171k | €171k | €171k | €146k | ▼ 14.7% |
| Distributable reserves133 | - | €171k | €171k | €171k | €146k | ▼ 14.7% |
| Profit (loss) carried forward14 | - | - | €-92k | €-89k | €-56k | ▲ 36.9% |
| Investment grants15 | - | €4k | €3k | €3k | €2k | ▼ 33.3% |
| Amounts payable17/49 | €619k | €501k | €621k | €597k | €424k | ▼ 29.1% |
| Amounts payable after more than one year17 | €467k | €371k | €489k | €453k | €318k | ▼ 29.8% |
| Financial debts170/4 | - | €342k | €247k | €166k | €99k | ▼ 40.4% |
| Other amounts payable178/9 | - | €30k | €242k | €286k | €218k | ▼ 23.7% |
| Amounts payable within one year42/48 | €151k | €130k | €131k | €141k | €105k | ▼ 25.3% |
| Current portion of amounts payable after more than one year42 | - | €93k | €94k | €81k | €60k | ▼ 25.9% |
| Trade debts44 | €29k | €10k | €13k | €11k | €9k | ▼ 12.5% |
| Suppliers440/4 | - | €10k | €13k | €11k | €9k | ▼ 12.5% |
| Taxes, remuneration and social security45 | - | €27k | €23k | €49k | €34k | ▼ 30.0% |
| Taxes450/3 | - | €14k | €7k | €15k | €13k | ▼ 14.1% |
| Remuneration and social security454/9 | - | €13k | €16k | €34k | €22k | ▼ 36.9% |
| Other amounts payable47/48 | - | - | - | - | €1k | - |
| Accrued charges and deferred income492/3 | - | €362 | €352 | €4k | €890 | ▼ 76.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €99k | €28k | €-92k | €3k | €33k | ▲ 839% |
| + Depreciation and write-downs630 | €88k | €107k | €120k | €132k | €132k | ▼ 0.1% |
| Operating cash flow (approximation) | €186k | €135k | €28k | €136k | €165k | ▲ 21.4% |
| Investment in fixed assets (approximation) | - | €-39k | €-196k | €-43k | €0 | ▲ 100% |
| Change in cash | - | €-53k | €-45k | €93k | €-36k | ▼ 139% |
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
09-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
07-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-06
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
08-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
Financial
Weakest financial yearnet €-92k
Net result drops to €-92k, the lowest in the series; recovery starts the following year.
2022
12-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
24-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
Financial
Highest result since 2019net €99k ▲411%
Operating result €151k, net result €99k, both a record.
30-06
Financial
Equity above €150kEq €167k ▲141%
3 profitable years in a row build equity to €167k.
13-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
01-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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Directors · office · real estate
Directors
3 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, Malmedy · 1 establishment unit since 2017
Ground area
284 m²
Building footprint
120 m²
Volume, LiDAR
1,517 m³
Parcel 63049C0439/00S000, Wallonia · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
VEPIDA
since 20172.266.356.104
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63049C0439/00S000 | Wallonia | 284 m² | 1 · 120 m² | 15.7 m · 4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteMalmedy2.266.356.104
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Of 3,042 companies in sector 47221 we hold annual accounts for 1,564. 1,354 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
Founded10-07-2017
Fiscal year end30-06
Activities, NACEBEL 2025
47221Retail sale of meat and meat products, excluding game and poultry
10130Manufacture of food products
47222Retail trade
47242Retail sale of chocolate and confectionery
47251Retail sale of wines and spirits
56210Event catering
Scores and ratios are computed by Checked and are not a credit decision.