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VEPP

Active Private limited companyfounded 2001active for 25 yearsRue André Renard 26, 4420 Saint-NicolasKBO/BCE: BE 0474.453.625 #4 oldest company in Saint-Nicolas, Health and social work sector

Lifetime

19 annual accounts with figures on one time axis, 24 filings since 2001
peak €891,107 (2021)
€831,488▲ 8.8%
peak €804,525 (2021)
€724,168▲ 5.6%
peak €123,017 (2018)
€21,136▲ 24.6%
€742,815▲ 6.3%
peak 1.9 FTE (2024)
1.9 FTE▲ 18.8%
Board11 names since 2013
8 directors and 7 others
Documentsfilings and deeds
14-08-202514 days late
2024financial year
Staff from 1.6 FTE to 1.9 FTEResignation: (director) 29-08Registered office moved from Liège to Montegnée 03-06Equity from €16,968 to €21,136

Key points

from the 2024 annual accounts

Equity

€21,136 from €123,017 in 2018

Equity fell by 83% in 6 years.

Turnover

≈ €1.3m estimated

The accounts state no turnover.

Debts

€742,815 97% of the balance sheet
Suppliers 1%Taxes and wages 2%Other 97%

Investments

€2,195 1.6 × depreciation
2021202220232024

Green is investment, beige is depreciation.

Filings

24 annual accounts 107 days past the deadline
AprilJune31 JulyOctober20102020

2025 accounts not filed: deadline was 31-07-2026.

Position in the sector

2.8%

Lower solvency than 91% of companies in human health. Sector median 55.2% · 1,230 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 934 companies had the same profile as VEPP has now. Each dot stands for 3 companies, two years later.

92.9%
were still trading
4.8%
stopped another way
1.9%
went bankrupt
  • Micro
  • 20 years or older
  • solvency under 10%
  • a profit of 5% of the balance sheet or more

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 934 companies, not a prediction for VEPP. 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

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Signals

Board and ownership

Managing director,
Managing director,
Director, since 12-09-2013
Director, since 12-09-2013
Director, , since 12-09-2013
Director
and 2 othersBoard & ownership

Recent changes

Resignation: (director) General meeting of 08-07-2024 · Gazette deed
Registered office moved from Liège to Montegnée New registered office: rue André Renard 26 à 4420 Montegnée · Previous registered office: Boulevard Sainte Beuve 3, 4000 Liège · Appointment: (director) · General meeting of 01-04-2024 · Gazette deed
4 directors appointed (managing director), (managing director), and · Permanent representatives: , , and · Legal-form conversion: from coöperatieve vennootschap met beperkte aansprakelijkheid to private limited company · Gazette deed
Resignation: (director) Appointment: (director) · General meeting of 25-06-2021 · Gazette deed
All 35 events

Comparable companies

same main activity, similar in size and age
Company
VEPP Saint-Nicolas €0.8m €831,488 2.8% 1.9
DOCTEUR GILLES MARECHAL Liège €0.6m €826,622 - 1.4
DOKTER CAROLINE CARDYN Knokke-Heist €0.7m €558,437 34.6% 1.4
Dr Christophe JACQUET Seraing €1.2m €711,534 13.6% 3
DOCTEUR THILLE Esneux €0.8m €507,459 59.5% 1
ORTHODONTISTENPRAKTIJK NEERPELT Mol €1.3m €598,153 92.3% 2
DR. VAN DOORNE LUC Oostkamp €0.8m €482,741 49.6% 2.6

These companies have the same main activity as VEPP: specialist medical practice (NACE 86220). They are comparable in size and age: total assets between €610,000 and €1.3m, founded between 2000 and 2007.

Official details

Source: KBO
Status
Active since 30-03-2001Normal situation
Registered office
10 active companies are registered at this addressSource: KBO register, as of 15 November 2026.
Activity
Specialist medical practiceNACE 86220
Establishment unit
2.228.347.3464420 Saint-Nicolas, since 21-03-2001
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2024

€763,951▲ 6.7%
Employeeson 31-12-2024
3=
Filing
Filed on 14-08-2025
Financials

Insights on VEPP

VEPP has existed since 2001. The gross margin grew from €367,042 in 2006 to €831,488 in 2024 and staff from 0.4 to 1.9 full-time equivalents.

In May 2022, the Official Gazette published the appointment of as managing director.

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 VEPP

What is the company number of VEPP?
The company number of VEPP is 0474.453.625. The VAT number is the same number with BE in front: BE 0474.453.625.
Where is VEPP based?
The registered office is at Rue André Renard 26, 4420 Saint-Nicolas.Company details
What does VEPP do?
According to the KBO register, the main activity is specialist medical practice (NACE 86220).
What is the legal form of VEPP?
VEPP is a private limited company (BV).
When was VEPP founded?
VEPP was founded on 30-03-2001.
Is VEPP still active?
Yes, VEPP is an active enterprise in the KBO register.
How many employees does VEPP have?
VEPP had an average of 1.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of VEPP?
The turnover in financial year 2024 is ≈ €1.3m. This figure is estimated from the gross margin of €831,488 and 31 comparable companies (NACE 86220). It probably lies between €1.1m and €1.7m.
Is VEPP profitable?
In financial year 2024, VEPP made a profit of €724,168.
Where can I find the annual accounts of VEPP?
VEPP filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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