VESEBO
ActiveSummary
VESEBO has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €29,750. Equity has been growing by about 3.8% per year since 2018. The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 14-10-1992 Normal situation
- Activity
- “Het beleggen,het intekenen op,vast overnemen,plaatsen,kopen,verkopen en verhandelen van aandelen,deelbewijzen,obligaties,warrants,schuldvorderingen,gelden en andere roerende waarden,uitgegeven door…” (deed in Dutch)From the articles, 9 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.060.582.381 2870 Puurs-Sint-Amands, since 01-02-1993
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €95,303
- ▼ 4.9%
- Turnover
- ≈ €260,000
- estimated
- Profit
- €29,750
- ▼ 0.5%
- Equity
- €1.1m
- ▲ 2.8%
- Total assets
- €1.3m
- ▲ 2.2%
Score breakdownlowers riskSize: total assets €1.3mEquity €1.1m (85.4% of total assets)Liquidity: current ratio 2.94, cash €342,764Figures for financial year 2025 (filed on 17-06-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 81% of them on solvency, 75% on liquidity, 52% on profitability and 56% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 28 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 17-06-2026 at the NBB all 33 filings
Every figure per financial year
The operating result for 2025 is 13% lower than in 2024 and the lowest since 2021. It is the second fall in a row.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,080 | - | €45,595 | €2,469 | €3,903 |
| Depreciation and write-downs of the year | €43,731 | €43,860 | €47,317 | €50,673 | €50,369 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €1,768 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €56,025 | €55,870 | €55,754 | €43,731 | €43,860 | €47,317 | €50,673 | €50,369 | ▼ 0.6% |
| Other operating charges640/8 | - | - | - | €3,401 | €2,291 | €3,066 | €1,651 | €3,315 | ▲ 101% |
| Gross operating margin9900 | €105,339 | €99,146 | €110,628 | €108,580 | €94,231 | €108,398 | €100,208 | €95,303 | ▼ 4.9% |
| Operating profit (loss)9901 | €47,476 | €41,046 | €53,462 | €61,448 | €48,080 | €58,015 | €47,884 | €41,619 | ▼ 13.1% |
| Financial income75/76B | - | - | - | €25,050 | €27 | €323 | €1,966 | €6,653 | ▲ 238% |
| Recurring financial income75 | €5 | €5 | €5 | €50 | €27 | €323 | €1,966 | €6,653 | ▲ 238% |
| Non-recurring financial income76B | - | - | - | €25,000 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €8,014 | €5,619 | €7,645 | €10,865 | €9,594 | ▼ 11.7% |
| Recurring financial charges65 | €13,520 | €10,960 | €8,000 | €8,014 | €5,619 | €7,645 | €10,865 | €9,594 | ▼ 11.7% |
| Profit (loss) for the period before taxes9903 | €33,961 | €30,091 | €45,467 | €78,484 | €42,488 | €50,693 | €38,985 | €38,678 | ▼ 0.8% |
| Transfer from deferred taxes780 | - | - | - | €2,496 | €2,496 | €2,496 | €2,496 | €2,496 | = |
| Income taxes67/77 | €13,893 | €15,459 | €14,431 | €19,171 | €12,416 | €13,635 | €11,588 | €11,424 | ▼ 1.4% |
| Profit (loss) for the period9904 | €22,564 | €17,128 | €33,532 | €61,809 | €32,568 | €39,554 | €29,893 | €29,750 | ▼ 0.5% |
| Transfer from tax-exempt reserves789 | - | - | - | €4,847 | €4,847 | €4,847 | €4,847 | €4,847 | = |
| Profit (loss) for the period to be appropriated9905 | €27,411 | €21,975 | €38,380 | €66,656 | €37,415 | €44,401 | €34,740 | €34,597 | ▼ 0.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.2m | €1.2m | €1.1m | €1.1m | €1.2m | €1.2m | €1.2m | €1.3m | ▲ 2.2% |
| Fixed assets21/28 | €1.1m | €1.1m | €1.0m | €1.0m | €0.9m | €0.9m | €0.9m | €0.8m | ▼ 5.2% |
| Tangible fixed assets22/27 | €1.1m | €1.1m | €1.0m | €1.0m | €0.9m | €0.9m | €0.9m | €0.8m | ▼ 5.2% |
| Land and buildings22 | - | - | - | €1.0m | €0.9m | €0.9m | €0.9m | €0.8m | ▼ 5.1% |
| Plant, machinery and equipment23 | - | - | - | - | - | €0.001m | €0.003m | €0.002m | ▼ 37.5% |
| Current assets29/58 | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | €0.3m | €0.3m | €0.4m | ▲ 21.3% |
| Amounts receivable after more than one year29 | - | - | - | - | - | €0.2m | €0.2m | €0.04m | ▼ 73.6% |
| Other amounts receivable291 | - | - | - | - | - | €0.2m | €0.2m | €0.04m | ▼ 73.6% |
| Amounts receivable within one year40/41 | €0.006m | €0.005m | €0.005m | €0.01m | €0.01m | €0.006m | €0.1m | €0.02m | ▼ 83.2% |
| Trade receivables40 | - | - | - | €0.003m | - | - | - | - | - |
| Other amounts receivable41 | - | - | - | €0.007m | €0.01m | €0.006m | €0.1m | €0.02m | ▼ 83.2% |
| Current investments50/53 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Cash at bank and in hand54/58 | €0.09m | €0.09m | €0.1m | €0.1m | €0.2m | €0.05m | €0.04m | €0.3m | ▲ 688% |
| Deferred charges and accrued income490/1 | - | - | - | €0.009m | €0.009m | €0.009m | €0.009m | €0.009m | = |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.2m | €1.2m | €1.1m | €1.1m | €1.2m | €1.2m | €1.2m | €1.3m | ▲ 2.2% |
| Equity10/15 | €0.8m | €0.8m | €0.9m | €0.9m | €1.0m | €1.0m | €1.0m | €1.1m | ▲ 2.8% |
| Contributions10/11 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Capital10 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Issued capital100 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Reserves13 | €0.4m | €0.4m | €0.4m | €0.5m | €0.5m | €0.6m | €0.6m | €0.6m | ▲ 5.1% |
| Non-distributable reserves130/1 | - | - | - | €0.02m | €0.02m | €0.03m | €0.03m | €0.03m | ▲ 6.3% |
| Legal reserve130 | - | - | - | €0.02m | €0.02m | €0.03m | €0.03m | €0.03m | ▲ 6.3% |
| Tax-exempt reserves132 | - | - | - | €0.09m | €0.08m | €0.08m | €0.07m | €0.07m | ▼ 6.7% |
| Distributable reserves133 | - | - | - | €0.4m | €0.4m | €0.5m | €0.5m | €0.5m | ▲ 6.8% |
| Provisions and deferred taxes16 | €0.05m | €0.05m | €0.05m | €0.04m | €0.04m | €0.04m | €0.04m | €0.03m | ▼ 6.7% |
| Deferred taxes168 | - | - | - | €0.04m | €0.04m | €0.04m | €0.04m | €0.03m | ▼ 6.7% |
| Amounts payable17/49 | €0.4m | €0.3m | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 0.3% |
| Amounts payable after more than one year17 | €0.2m | €0.1m | €0.1m | €0.005m | €0.005m | €0.007m | €0.007m | €0.007m | = |
| Other amounts payable178/9 | - | - | - | €0.005m | €0.005m | €0.007m | €0.007m | €0.007m | = |
| Amounts payable within one year42/48 | €0.2m | €0.1m | €0.09m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 0.3% |
| Financial debts43 | - | - | - | €0.004m | €0.004m | €0.005m | €0.007m | €0.006m | ▼ 11.7% |
| Credit institutions430/8 | - | - | - | €0.004m | €0.004m | €0.005m | €0.007m | €0.006m | ▼ 11.7% |
| Trade debts44 | €0.002m | €0.001m | €0.001m | €0.001m | €0.001m | €366 | €0.002m | €0.002m | ▲ 23.0% |
| Suppliers440/4 | - | - | - | €0.001m | €0.001m | €366 | €0.002m | €0.002m | ▲ 23.0% |
| Taxes, remuneration and social security45 | - | - | - | €0.002m | €0.002m | €0.002m | €0.003m | €0.003m | ▲ 0.7% |
| Taxes450/3 | - | - | - | €0.002m | €0.002m | €0.002m | €0.003m | €0.003m | ▲ 0.7% |
| Other amounts payable47/48 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Accrued charges and deferred income492/3 | - | - | - | €420 | - | €0.001m | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,564 | €17,128 | €33,532 | €61,809 | €32,568 | €39,554 | €29,893 | €29,750 | ▼ 0.5% |
| + Depreciation and write-downs630 | €56,025 | €55,870 | €55,754 | €43,731 | €43,860 | €47,317 | €50,673 | €50,369 | ▼ 0.6% |
| Operating cash flow (approximation) | €78,589 | €72,998 | €89,286 | €105,540 | €76,428 | €86,871 | €80,566 | €80,119 | ▼ 0.6% |
| Investment in fixed assets (approximation) | - | €0 | -€897 | -€3,080 | €0 | -€45,595 | -€2,469 | -€3,903 | ▼ 58.1% |
| Change in cash | - | €3,588 | €13,123 | €26,752 | €72,799 | -€153,349 | -€4,942 | €299,240 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 14,766 companies had the same profile as VESEBO has now. Two years later, 96.2% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VESEBO itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 14,766 companies, not a prediction for VESEBO. 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.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 17-06-2026 | 2026-00173908 | |
| 31-12-2024 | micro format | 19-06-2025 | 2025-00159090 | |
| 31-12-2023 | micro format | 01-07-2024 | 2024-00190954 | |
| 31-12-2022 | micro format | 22-06-2023 | 2023-00148423 | |
| 31-12-2021 | micro format | 22-06-2022 | 2022-20087244 | |
| 31-12-2020 | micro format | 30-06-2021 | 2021-27800014 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-47800033 | |
| 31-12-2018 | micro format | 19-07-2019 | 2019-34800151 | |
| 31-12-2017 | micro format | 13-06-2018 | 2018-18600008 | |
| 31-12-2016 | micro format | 29-06-2017 | 2017-25000574 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 08-08-2024 Capital stated in the deed · €458,603.02 · 185 shares
Mandate history
- Board
- end not dated
| Name | Functions and periods |
|---|---|
| Peter VERHAEGEN |
|
| Ingrid Decoussemaeker |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Ten minste vijftien dagen vanaf openstelling intekening, per e-mail, bij ontbreken e-mail per gewone post zelfde dag als e-mail”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Alle verrichtingen vermeld in wet, tenzij algemene vergadering anders besluit bij gewone meerderheid”
Articles of association, deed of 08-08-2024 (in Dutch)
Network & group
Companies at the same address
2 other companiesConnections & network
1 connected companyThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
08-08
Gazette deed
Appointments: Peter VERHAEGEN (sole director) and Ingrid Decoussemaeker (sole director)Amendment of the articles · Registered office clause · Capital12 points ▸
- General meeting, 27-06-2024
- Amendment of the articles, mentioned 2 times in the deed
- Registered office clause, “2870 Puurs-Sint-Amands,Scheeveld 3, Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Capital, €458,603.02
- Director appointment, Peter VERHAEGEN (sole director)
- Director appointment, Ingrid Decoussemaeker (sole director)
- Power of attorney
- Power of attorney, Margot VAN DEUN
- Other provision, “elektronisch effectenregister, opteren voor elektronisch effectenregister na inlichting door notaris” (deed in Dutch)
- Power of attorney, ACCOUNTANTSKANTOOR MERTENS & VERSCHAEREN, mentioned 2 times in the deed
- Other provision, “UBO-register inlichting, toereikende accurate actuele informatie uiteindelijke begunstigden” (deed in Dutch)
- Other provision, “informatie over uiteindelijke begunstigde(n) meedelen aan UBO-register onder verantwoordelijkheid, UBO-mededelingsplicht” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
9 activities
- Het beleggen,het intekenen op,vast overnemen,plaatsen,kopen,verkopen en verhandelen van aandelen,deelbewijzen,obligaties,warrants,schuldvorderingen,gelden en andere roerende waarden,uitgegeven door Belgische of buitenlandse ondernemingen al dan niet onder de vorm van handelsvennootschappen,administratiekantoren,instellingen en verenigingen al dan niet met een (semi)-publiekrechterlijk statuut.
- Het beheren van beleggingen en van participaties in dochtervennootschappen,het waarnemen van bestuurdersfuncties,het verlenen van advies,management en andere diensten aan of in overeenstemming met de activiteiten die de vennootschap zelf voert.Deze diensten kunnen worden geleverd krachtens contractuele of statutaire benoemingen en in de hoedanigheid van externe raadgever of orgaan van de cliënt.
- Het verstrekken van borgstellingen,ook hypothecaire,ten behoeve van derden,aandeelhouders of niet,of het verstrekken van leningen aan derden,aandeelhouders of niet.
- Het verstrekken en/of opnemen van leningen of andere kredieten,onder alle vormen,onder meer bankkredieten,uitgifte van vastgoedcertificaten.
- Alle handelingen en transacties met gronden en onroerende goederen of zakelijke rechten op onroerende goederen en meer bepaald de aankoop,de verkoop,de ruil,de bouw,de wederopbouw,de afbraak,de verbouwing,de exploitatie,de inrichting,de verhuring,de uitbating en aankoop,de verkoop,de ruil,de ontsluiting,de verkaveling,de exploitatie,de verhuring en de verpachting van gronden.
- Daartoe kan de vennootschap samenwerken met,deelnemen in,of op gelijk welke wijze,rechtstreeks of onrechtstreeks,belangen nemen in andere ondernemingen.
- De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen,onder meer door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak.
- De vennootschap kan eveneens optreden als bestuurder,volmachtdrager,mandataris of vereffenaar in andere vennootschappen of ondernemingen.
- De vennootschap kan in het algemeen alle commerciële,industriële,financiële,roerende of onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar maatschappelijk doel of welke van aard zouden zijn de verwezenlijking ervan of ten dele te vergemakkelijken.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12030A0101/00L000 | Flanders | 4,418 m² | 1 · 228 m² | 9.7 m · 3 |