Active BE 0456.111.420Public limited company

VETA

Malderendorp 15 ·1840 Londerzeel, Belgium· 30 yrs active

Sector: Joinery (43320)

Conclusion Checked

The computed 12-month bankruptcy probability of VETA is 0.7% (low). The 2024 annual accounts show equity of €2.16M and a net result of €28k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 54% of 984 sector peers (fiscal year 2024). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 6 annual accounts.

Key figures

Equity	€2.16M
Net result	€28k
Staff (FTE)	17.7
Better than sector	54%

Snowflake analysis 5 axes · computed by Checked

61 / 100

Strong profile, led by stability.

Health 84

Profitability 6

Solvency 81

Growth 32

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.7% Low

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Long track record −Multiple establishment units +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

Long-established

Founded in 1995, 30 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

84 / 100 Excellent

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 31-08-2025 with the NBB · fiscal year 2024 · verkort

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

stable Equity: stable across 6 fiscal years (±0.9%/year).

Solid line = filed figures · dashed = extended trend · area = indicative range.

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).

Sector comparison

Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	37.6%	35.4%	better than 54% of 984 sector peers
Net result	€28k	€30k	better than 48% of 983 sector peers
Equity	€2.16M	€118k	better than 95% of 984 sector peers
Gross operating margin	€1.47M	€172k	better than 95% of 983 sector peers
Staff costs	€1.12M	€196k	higher than 94% of 613 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€312k

+10.1% far above sector median

Net profit

€28k

+117.3% +58% vs sector

Cash flow

€235k

-6.4% far above sector median

Total assets

€5.73M

-1.3% far above sector median

Equity

€2.16M

-10.8% far above sector median

Working capital

€1.04M

+607.9% far above sector median

Employees (FTE)

18

-1.7% +48% vs sector

Staff costs

€1.12M

+0.3% +85% vs sector

Income taxes

€16k

-28.7% +35% vs sector

Debt

€3.58M

+5.5% far above sector median

Debt ≤ 1y

€1.04M

-4.7% far above sector median

Debt > 1y

€2.53M

+10.2% far above sector median

Current ratio

2.00

+76.0% -61% vs sector

Quick ratio

1.18

+72.2% -77% vs sector

Solvency

37.6%

-9.6% -35% vs sector

Debt / equity

1.66

+18.3% +59% vs sector

ROE

1.3%

+143.7% -93% vs sector

ROA

0.5%

+120.2% -95% vs sector

Interest coverage

4.00

-43.8% -77% vs sector

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	-
EBITDA	€312k
Net profit	€28k
Cash flow	€235k
Staff costs	€1.12M
Income taxes	€16k
Dividends	-
Total assets	€5.73M
Equity	€2.16M
Debt	€3.58M
of which ≤ 1y	€1.04M
of which > 1y	€2.53M
Working capital	€1.04M
Employees (FTE)	17.7

Ratios (computed)

	2024
Current ratio	2.00
Quick ratio	1.18
Working capital ratio	18.1%
Solvency	37.6%
Debt / equity	1.66
Long-term debt ratio	1.17
Interest coverage	4.00
Gross margin	-
Net margin	-
ROA	0.5%
ROE	1.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €3.65M · 63.7% Current assets €2.08M · 36.3%

Equity & liabilities

Equity €2.16M · 37.6% Debt €3.58M · 62.4%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€5.73M
Fixed assets	21/28	€3.65M
Intangible fixed assets	21	€3k
Tangible fixed assets	22/27	€3.64M
Financial fixed assets	28	€2k
Current assets	29/58	€2.08M
Stocks & contracts in progress	3	€852k
Amounts receivable within one year	40/41	€454k
Cash & bank	54/58	€765k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€5.73M
Equity	10/15	€2.16M
Contributions / capital	10/11	€1.93M
Reserves	13	€223k
Amounts payable	17/49	€3.58M
Amounts payable after one year	17	€2.53M
Amounts payable within one year	42/48	€1.04M
Trade debts payable within one year	44	€355k
Income statement
Gross operating margin	9900	€1.47M
Operating result	9901	€104k
Financial income	75	€18k
Financial charges	65	€78k
Result before taxes	9903	€44k
Income taxes	67/77	€16k
Net result for the period	9904	€28k
Result to be appropriated	9905	€28k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Joinery(43320)
Legal form	Public limited company(014)
Incorporation	27-09-1995
Status	Active
Postal code	1840

Establishment units 2 locations

Malderendorp 15, 1840 Londerzeel

Verhuur van woningen, exclusief sociale woningen

since 19982.085.360.636

Veta Keukens en Interieur, Bad&Douche

Bevrijdingslaan (APP) 212- 216, 9200 DendermondeHouwen, bewerken en afwerken van natuursteen

since 20212.336.969.134

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
42001B0565/00K000	Flanders	1,900 m²	1 · 847 m²	8.4 m · 3 fl.
23048C0313/00F002	Flanders	241 m²	1 · 232 m²	-

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

31-08-2025

NBB filing Annual accounts filed

fiscal year 2024 · verkort

2024

04-09-2024

NBB filing Annual accounts filed

fiscal year 2023 · verkort

2023

12-09-2023

NBB filing Annual accounts filed

fiscal year 2022 · verkort

2022

21-01-2022

State Gazette act Capital & shares

An ROBBERECHTS

2021

02-12-2021

NBB filing Annual accounts filed

fiscal year 2021 · micro

2020

27-11-2020

NBB filing Annual accounts filed

fiscal year 2020 · micro

2019

27-12-2019

NBB filing Annual accounts filed

fiscal year 2019 · micro

2018

31-12-2018

NBB filing Annual accounts filed

fiscal year 2018 · micro

03-01-2018

NBB filing Annual accounts filed

fiscal year 2017 · micro

2017

21-02-2017

NBB filing Annual accounts filed

fiscal year 2016 · verkort

2016

28-01-2016

NBB filing Annual accounts filed

fiscal year 2015 · verkort

Belgisch Staatsblad, acts 1 acts

Capital history · 1

21-01-2022

Capital change

All acts · 1 updated 4 years ago

2022

21-01-2022 Capital increase of €22,000 to €2,222,000 Capital & shares·An ROBBERECHTS

€2.200.000 → €2.222.000
2 kapitaalbewegingen in deze akte

Notary: An ROBBERECHTS · LonderzeelFirm: Robberechts & Van Riet, geassocieerde notarissen

Original publication ↗

Technical details

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Company registry (CBE) Crossroads Bank

Activities

Vervaardiging van keukenmeubelen31002Vervaardiging van keukenmeubelen31020Schrijnwerk43320Schrijnwerk43320Houwen, bewerken en afwerken van natuursteen23700Houwen, bewerken en afwerken van natuursteen23700Vervaardiging van keukenmeubelen31002Vervaardiging van keukenmeubelen31020Loodgieterswerk43221Sanitaire werkzaamheden43221Groothandel in sanitair46736Groothandel in sanitair46836Detailhandel in sanitaire artikelen en sanitair installatiemateriaal in gespecialiseerde winkels47527Detailhandel in sanitaire artikelen en sanitair installatiemateriaal47527

Primary activity highlighted.

Names & trade names

Legal nameNL

VETA

Registered office

Malderendorp 15

1840 Londerzeel, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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