Vescom Belgium
ActiveVescom Belgium has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €362k and a net result of €57k. Equity is growing by ~19.4% per year across the filed fiscal years. Its solvency ranks better than 90% of 9019 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
100
/ 100
Excellent= vs 2021
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2021
Profitability46▼-35
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 6.62 against 3.0 in 2021), and 13.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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 2024Solvency, return and age of the figures
Solvency
86.1%
Return on assets
13.7%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-10-2025, 67 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
67 d late
2023
38 d late
2022
14 d early
2021
3 d early
2020
24 d early
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€2.21M
EBIT margin
3.8%
Net result
€57k▲ 66.4%
2021 · €34k
2018: €31k
2019: €38k
2020: €28k
2021: €34k
2018 → 2024
Working capital
€325k▲ 99.2%
2021 · €163k
2018: €95k
2019: €127k
2020: €114k
2021: €163k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212024Trend
Turnover€2.21M
Equity€113k-€150k▲ 33.4%€178k▲ 18.8%€213k▲ 19.3%€362k▲ 70.2%
Operating result€52k-€56k▲ 7.5%€38k▼ 31.8%€53k▲ 39.5%€83k▲ 56.2%
Net result€31k-€38k▲ 22.9%€28k▼ 25.0%€34k▲ 22.4%€57k▲ 66.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2020 the operating result has climbed two years in a row; 2024 is 56% above 2021 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2021 as the grey bar beneath
Assets €420k
Fixed assets
€37k▼ 29.7%
Current assets
€383k▲ 56.6%
Equity and liabilities €420k
Equity
€362k▲ 70.2%
Debt
€58k▼ 31.2%
The debt ratio falls from 28.5% to 13.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€98k▲
2021 · €69k
Cash flow
€72k▲
2021 · €50k
Solvency
86.1%▲
2021 · 71.5%
Current ratio
6.62▲
2021 · 3.00
Quick ratio
6.62▲
2021 · 3.00
Debt / equity
0.16▼
2021 · 0.40
ROE
15.9%▼
2021 · 16.2%
ROA
13.7%▲
2021 · 11.6%
Interest coverage
79.21▲
2021 · 18.38
Debt
€58k▼
2021 · €85k
Debt ≤ 1 year
€58k▼
2021 · €81k
Income taxes
€25k▲
2021 · €15k
Staff costs
€280k▲
2021 · €257k
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 · 2024 against 2021
Balance sheet
Code20212024
Assets
Total assets20/58€297k€420k▲
Fixed assets21/28€53k€37k▼
Tangible fixed assets22/27€53k€37k▼
Furniture and vehicles24€53k€37k▼
Current assets29/58€245k€383k▲
Amounts receivable within one year40/41€198k€273k▲
Trade receivables40€197k€140k▼
Other amounts receivable41€1k€133k▲
Cash at bank and in hand54/58€37k€83k▲
Deferred charges and accrued income490/1€9k€27k▲
Equity and liabilities
Total equity and liabilities10/49€297k€420k▲
Equity10/15€213k€362k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€145k€294k▲
Amounts payable17/49€85k€58k▼
Amounts payable within one year42/48€81k€58k▼
Trade debts44€7k€27k▲
Suppliers440/4€7k€27k▲
Taxes, remuneration and social security45€48k€31k▼
Taxes450/3€26k€1k▼
Remuneration and social security454/9€22k€30k▲
Other amounts payable47/48€27k-
Accrued charges and deferred income492/3€3k€349▼
Income statement
Code20212024
Turnover70-€2.21M
Goods, raw materials, services and sundry goods60/61-€1.83M
Remuneration, social security and pensions62€257k€280k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€15k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€3k▼
Gross operating margin9900€330k€381k▲
Operating profit (loss)9901€53k€83k▲
Financial charges65/66B€4k€1k▼
Recurring financial charges65€4k€1k▼
Profit (loss) for the period before taxes9903€50k€82k▲
Income taxes67/77€15k€25k▲
Profit (loss) for the period9904€34k€57k▲
Profit (loss) for the period to be appropriated9905€34k€57k▲
Appropriation of the result
Profit (loss) to be appropriated9906€145k€294k▲
Profit (loss) brought forward from the previous period14P€110k€236k▲
Social balance
Average headcount (FTE)90872.92.9=
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 67 days late
2024
31-12
Financial
Highest result since 2018net €57k ▲66.4%
Operating result €83k, net result €57k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 6.62
Current ratio from 3.00 to 6.62; short-term debt falls from €81k to €58k.
07-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 38 days late
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €200kEq €213k ▲19.3%
4 profitable years in a row build equity to €213k.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €28k ▼25%
Net result drops to €28k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €150kEq €150k ▲33.4%
2 profitable years in a row build equity to €150k.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 1 day late
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 2 days late
2016
05-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 5 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2017
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-03-2020
Anthonius Leclercq: Resigned as Permanent representative
21-06-2017
BV "Vescom": Resigned as Director
21-06-2017
Vescom Beheer BV: Resigned as Director
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1978
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.
Boomsesteenweg 6902610 AntwerpenGround area
3,436 m²
Building footprint
1,972 m²
Volume, LiDAR
23,607 m³
Parcel 11463D0280/00Z000, Flanders · tallest building 16.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Boomsesteenweg 690, 2610 Antwerpen
since 19782.036.082.161
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11463D0280/00Z000 | Flanders | 3,436 m² | 1 · 1,972 m² | 16.0 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| MDA Bedrijfsrevisoren BVBA Statutory auditor · represented by Dirk Achten | - → 25-02-2020 |
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 959 EUR awarded · 959 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 959 EUR | 959 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
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Of 470 companies in sector 46442 we hold annual accounts for 333. 244 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-08-1978
Fiscal year end31-12
Activities, NACEBEL
46442Wholesale trade
46833Wholesale trade
51442
46832Wholesale of timber
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.