VESOR
VESOR has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6k and a net result of €-19k. Equity is shrinking by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 15% of 26547 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
| Equity | €6k |
| Net result | €-19k |
| Better than sector | 15% |
| Active | 33 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 11.7% | 47.4% | |
| Net result | €-19k | €10k | |
| Equity | €6k | €60k | |
| Gross operating margin | €-15k | €39k | |
| Total assets | €55k | €141k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €-17k | €5k | €11k | €1k |
| Net profit | €-19k | €767 | €5k | €16k |
| Cash flow | €-19k | €2k | €8k | €17k |
| Staff costs | - | €36k | €73k | €65k |
| Income taxes | - | €77 | €346 | €2k |
| Dividends | - | €0 | €2k | €45k |
| Total assets | €55k | €95k | €126k | €114k |
| Equity | €6k | €26k | €25k | €22k |
| Debt | €49k | €69k | €101k | €92k |
| of which ≤ 1y | €13k | €35k | €26k | €23k |
| of which > 1y | €36k | €33k | €71k | €68k |
| Working capital | €40k | €56k | €98k | €86k |
| Employees (FTE) | - | 1.1 | 2.0 | 2.0 |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 4.11 | 2.61 | 4.77 | 4.66 |
| Quick ratio | 4.11 | 2.61 | 4.77 | 4.66 |
| Working capital ratio | 72.4% | 59.5% | 77.9% | 75.4% |
| Solvency | 11.7% | 27.4% | 20.0% | 19.1% |
| Debt / equity | 7.53 | 2.64 | 4.01 | 4.23 |
| Long-term debt ratio | 5.54 | 1.29 | 2.81 | 3.15 |
| Interest coverage | -16.23 | 3.77 | 4.62 | 0.40 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -35.1% | 0.8% | 4.1% | 13.7% |
| ROE | -299.6% | 3.0% | 20.7% | 71.5% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €55k | €95k | €126k | €114k |
| Fixed assets | 21/28 | €2k | €3k | €2k | €4k |
| Tangible fixed assets | 22/27 | €2k | €3k | €2k | €4k |
| Financial fixed assets | 28 | - | €25 | €25 | €25 |
| Current assets | 29/58 | €53k | €91k | €124k | €109k |
| Amounts receivable within one year | 40/41 | €7k | €29k | €53k | €29k |
| Cash & bank | 54/58 | - | €8k | €8k | €10k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €55k | €95k | €126k | €114k |
| Equity | 10/15 | €6k | €26k | €25k | €22k |
| Contributions / capital | 10/11 | €6k | €6k | €6k | €6k |
| Reserves | 13 | €20k | €20k | €19k | €16k |
| Accumulated profits (losses) | 14 | €-19k | €0 | €0 | €0 |
| Amounts payable | 17/49 | €49k | €69k | €101k | €92k |
| Amounts payable after one year | 17 | €36k | €33k | €71k | €68k |
| Amounts payable within one year | 42/48 | €13k | €35k | €26k | €23k |
| Trade debts payable within one year | 44 | €4k | €16k | €11k | €15k |
| Income statement | |||||
| Gross operating margin | 9900 | €-15k | €42k | €85k | €68k |
| Operating result | 9901 | €-18k | €3k | €8k | €-679 |
| Financial income | 75 | - | €0 | €35 | €21k |
| Financial charges | 65 | €1k | €1k | €2k | €3k |
| Result before taxes | 9903 | €-19k | €844 | €6k | €17k |
| Income taxes | 67/77 | - | €77 | €346 | €2k |
| Net result for the period | 9904 | €-19k | €767 | €5k | €16k |
| Result to be appropriated | 9905 | €-19k | €767 | €5k | €16k |
| NACE primary | General electrical installation work(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 26-02-1993 |
| Status | Active |
| Postal code | 3600 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71303B0310/00A002 | Flanders | 764 m² | 1 · 118 m² | 9.9 m · 2 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
02-08-2023 Registered office moved within Genk
- 3600 Genk, Koning Boudewijnlaan 17 → 3600 Genk, Heidriesstraat 60
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "3600 Genk, Heidriesstraat 60",
"city": "Genk",
"region": "vlaams_gewest",
"street": "Heidriesstraat",
"country": "BE",
"postcode": "3600",
"box_number": null,
"street_number": "60",
"locality_suffix": null
},
"old_address": {
"raw": "3600 Genk, Koning Boudewijnlaan 17",
"city": "Genk",
"region": "vlaams_gewest",
"street": "Koning Boudewijnlaan",
"country": "BE",
"postcode": "3600",
"box_number": null,
"street_number": "17",
"locality_suffix": null
},
"effective_date": "2023-07-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": false,
"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-08-02",
"filing_date": "2023-07-06",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2023-06-26",
"unanimous": true
},
"subject_company": {
"kbo": "0449.467.910",
"name_full": "VESOR",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Oronzo VESCERA",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}| Legal nameNL | VESOR |