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VEQ

Active
Private limited companyfounded 20251 yr activeMolièrelaan 278, 1180 Ukkel, BelgiumKBO/BCE: BE 1020.841.163
Summary

The computed 12-month bankruptcy probability of VEQ is 5.4% (elevated). The annual accounts of VEQ for fiscal year 2025 show a net loss of 337% of total assets. The 2025 annual accounts show equity of €397 and a net result of -€2,603. The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability0
Solvency76
Growth-
Track record67
Bankruptcy probability, 12 months
5.4% Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2025
Age of the figures
Age of the figures
9 mo
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
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 · 1 filing
Deviation from the deadline
2025
7 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 10 March 2025, VEQ was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€397
Total assets
€773
Net result
-€2,603
Working capital
€397

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Equity and liabilities €773
Equity €397
Debt €376
Debt finances 48.6% of the balance-sheet total.
Key figures and ratios
2025 value
Debt ≤ 1 year
€376
Ratios withheld: a balance sheet total of €773 is too small for a meaningful ratio.

Peer companies

Historical observation

Of the 584 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 93% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.4% went bankrupt
6.0% stopped otherwise
93% still going

For this company itself Checked computes a higher bankruptcy probability: 5.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

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 584 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
Filed annual accounts As filed with the NBB · 2025 · 21 lines
Balance sheet Code2025
Assets
Total assets20/58€773
Current assets29/58€773
Cash at bank and in hand54/58€773
Equity and liabilities
Total equity and liabilities10/49€773
Equity10/15€397
Contributions10/11€3,000
Profit (loss) carried forward14-€2,603
Amounts payable17/49€376
Amounts payable within one year42/48€376
Trade debts44€353
Suppliers440/4€353
Other amounts payable47/48€23
Income statement Code2025
Other operating charges640/8€400
Gross operating margin9900-€2,171
Operating profit (loss)9901-€2,571
Financial charges65/66B€32
Recurring financial charges65€32
Profit (loss) for the period before taxes9903-€2,603
Profit (loss) for the period9904-€2,603
Profit (loss) for the period to be appropriated9905-€2,603
Appropriation of the result
Profit (loss) to be appropriated9906-€2,603

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€400
Gross operating margin9900-€2,171
Operating profit (loss)9901-€2,571
Financial charges65/66B€32
Recurring financial charges65€32
Profit (loss) for the period before taxes9903-€2,603
Profit (loss) for the period9904-€2,603
Profit (loss) for the period to be appropriated9905-€2,603
Line2025
Assets
Total assets20/58€773
Current assets29/58€773
Cash at bank and in hand54/58€773
Equity and liabilities
Total equity and liabilities10/49€773
Equity10/15€397
Contributions10/11€3,000
Profit (loss) carried forward14-€2,603
Amounts payable17/49€376
Amounts payable within one year42/48€376
Trade debts44€353
Suppliers440/4€353
Other amounts payable47/48€23
Line2025
Profit (loss) for the period9904-€2,603
Operating cash flow (approximation)-€2,603

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
24-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
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, Ukkel · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
438 m²
Building footprint
269 m²
Volume, LiDAR
5,919 m³
Parcel 21612C0001/00A056, Brussels · tallest building 26.4 m, ±7 floors. Linked by address, not a title deed.
26 companies at this address See who is registered here
1 establishment unit
VEQ
Molièrelaan 278, 1180 UkkelBuying and selling of own real estate
since 20252.371.413.537
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21612C0001/00A056 Brussels 438 m² 1 · 269 m² 26.4 m · 7 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

Chain of control

  1. SHAPE.BRUSSELS 100%
  2. VEQ

Highest known parent: SHAPE.BRUSSELS. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded10-03-2025
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.