Equity
€265,607 from €516,039 in 2018
Equity fell by 49% in 7 years.
VETAK
Lifetime
20 annual accounts with figures on one time axis, 30 filings since 1991peak €465,557 (2016)
€43,590▼ 27.9%
lowest -€100,334 (2021)
-€20,072▼ €18,192
peak €516,039 (2018)
€265,607▼ 7.0%
€1.6m▲ 4.4%
peak 0.2 FTE (2013)
0 FTE
Board1 name since 2012
1 directorBONNEL Arnaud
Owners
16%KAKINE
Documentsfilings and deeds
09-07-202622 days before the deadline
2025abbreviated format
Gross margin from €60,473 to €43,590Loss of €20,072
Key points
from the 2025 annual accountsLosses
-€21,952 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Turnover
≈ €160,000 estimated
The accounts state no turnover.
Debts
€1.6m 86% of the balance sheet
Suppliers 1%Taxes and wages 0%Other 99%
Filings
30 annual accounts since 1991
Two of the last ten came late. The 2016 accounts came latest: 30 days after the end of the period.
Position in the sector
-€20,072
Lower net result than 82% of companies in chemicals. Sector median €36,567 · 148 companies.
Checked score
85
Excellent
Financially stronger than 27% of micro companies in chemicals (NACE 20)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 356 companies (NACE 20, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.2 percentage points vs 06-2025
08-2025: 0.2%▼ -0.1 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.3%▲ +0.1 percentage points vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026highest value
08-2026: 0.2%▼ -0.1 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.29, cash €3,246
lowers risk
Size: total assets €1.9m
Founded in 1990
Figures for financial year 2025 (filed on 09-07-2026)
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 (NACE 20, micro). It does better than 34% of them on solvency, 6% on liquidity, 33% on profitability and 35% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Credit verdict
Credit of up to €22,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.29 (0.28 in 2024), below 1. Short-term debt is 85.9% and cash 0.2% of total assets. 85.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€20,072
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 147 sector peers (2025).
NBB · sector comparisonPosition among 147 sector peers
Solvency
better than 21%
← weakest
strongest →
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 days early
2024
6 days early
2023
12 days early
2022
11 days early
2021
26 days late
2020
12 days early
2019
29 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 20), the median for financial year 2024 was 22 days before the deadline, and 26% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0442377606
Resignation: BONNEL Arnaud (manager)
Reappointment: BONNEL Arnaud (director) · Legal-form conversion: from private limited company (pre-2019) to private limited company · BONNEL Arnaud holds 51 shares · Gazette deed
First establishment
Rue des Victimes 9, Estaimpuis
Incorporation
published on 11-01-1991 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VETAK Estaimpuis | €1.9m | €0.04m | 14.1% | 0 |
| TERRACOTTEM Dentergem | €0.7m | €0.4m | 84.3% | 3.6 |
| SPRINGPRESS Ghent | €2.7m | €0.9m | 66.9% | 4 |
| SOBELTEC Ronse | €1.1m | -€0.2m | -287.1% | 4.8 |
| Adley Machelen (Brab.) | €2.7m | €1.1m | 39.2% | 6 |
| EURO - MOUSSE Ninove | €1.8m | €1.0m | 48.6% | 12.3 |
| PLASTURGIE LAZZERINI La Louvière | €1.4m | - | 9.5% | 17.3 |
These companies have the same main activity as VETAK: manufacture of chemicals and chemical products (NACE 20110). They are comparable in size and age: total assets between €706,000 and €2.7m, founded between 1976 and 1992.
Official details
Source: KBO- Status
- Active since 28-11-1990Normal situation
- Activity
- Manufacture of chemicals and chemical productsNACE 20110and 2 others
- Establishment unit
- 2.050.836.3567730 Estaimpuis, since 31-12-1990
- Financial year end
- 31 December
- Peppol
- Reachable since 18-11-2025
Annual accounts 2025
- €1.9m▲ 2.6%
- Filing
- Filed on 09-07-2026, 22 days before the end of the filing period
Insights on VETAK
VETAK files the abbreviated format. That format states no turnover. The gross margin rose from -€348 in 2006 to €43,590 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VETAK
- What is the company number of VETAK?
- The company number of VETAK is 0442.377.606. The VAT number is the same number with BE in front: BE 0442.377.606.
- Where is VETAK based?
- The registered office is at Rue des Victimes 9, 7730 Estaimpuis.Company details
- What does VETAK do?
- According to the KBO register, the main activity is manufacture of chemicals and chemical products (NACE 20110).
- What is the legal form of VETAK?
- VETAK is a private limited company (BV).
- When was VETAK founded?
- VETAK was founded on 28-11-1990.
- Is VETAK still active?
- Yes, VETAK is an active enterprise in the KBO register.
- How many employees does VETAK have?
- VETAK had an average of 0.1 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- What is the turnover of VETAK?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €43,590 and 1,231 comparable companies of the same size. It probably lies between €84,000 and €290,000. It is a rough estimate.
- Is VETAK profitable?
- In financial year 2025, VETAK made a loss of €20,072.
- Where can I find the annual accounts of VETAK?
- VETAK filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VETAK due?
- VETAK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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