VETAX
The computed 12-month bankruptcy probability of VETAX is 0.9% (low). The 2024 annual accounts show equity of €384k and a net result of €-10k. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 87% of 2248 sector peers (fiscal year 2024). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €384k |
| Net result | €-10k |
| Staff (FTE) | 1 |
| Better than sector | 87% |
Strong profile, led by solvency.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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 | 68.3% | 27.4% | |
| Net result | €-10k | €6k | |
| Equity | €384k | €17k | |
| Gross operating margin | €30k | €28k | |
| Staff costs | €25k | €36k |
| Fiscal year | 2024 |
|---|---|
| Revenue | €56k |
| EBITDA | €3k |
| Net profit | €-10k |
| Cash flow | €-9k |
| Staff costs | €25k |
| Income taxes | €11k |
| Dividends | - |
| Total assets | €562k |
| Equity | €384k |
| Debt | €43k |
| of which ≤ 1y | €28k |
| of which > 1y | €15k |
| Working capital | €506k |
| Employees (FTE) | 1.0 |
| 2024 | |
|---|---|
| Current ratio | 19.35 |
| Quick ratio | 19.35 |
| Working capital ratio | 89.9% |
| Solvency | 68.3% |
| Debt / equity | 0.11 |
| Long-term debt ratio | 0.04 |
| Interest coverage | 1.85 |
| Gross margin | 52.5% |
| Net margin | -17.2% |
| ROA | -1.7% |
| ROE | -2.5% |
| EBITDA margin | 5.6% |
| Days sales outstanding | 208d |
| Days payable outstanding | 194d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €562k |
| Fixed assets | 21/28 | €29k |
| Tangible fixed assets | 22/27 | €3k |
| Financial fixed assets | 28 | €27k |
| Current assets | 29/58 | €533k |
| Amounts receivable within one year | 40/41 | €33k |
| Cash & bank | 54/58 | €57 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €562k |
| Equity | 10/15 | €384k |
| Contributions / capital | 10/11 | €31k |
| Reserves | 13 | €364k |
| Accumulated profits (losses) | 14 | €-11k |
| Provisions & deferred taxes | 16 | €136k |
| Amounts payable | 17/49 | €43k |
| Amounts payable after one year | 17 | €15k |
| Amounts payable within one year | 42/48 | €28k |
| Trade debts payable within one year | 44 | €14k |
| Income statement | ||
| Turnover | 70 | €56k |
| Gross operating margin | 9900 | €30k |
| Operating result | 9901 | €3k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €1k |
| Income taxes | 67/77 | €11k |
| Net result for the period | 9904 | €-10k |
| Result to be appropriated | 9905 | €-10k |
| NACE primary | Road freight transport(49410) |
| Legal form | Public limited company(014) |
| Incorporation | 11-04-1996 |
| Status | Active |
| Postal code | 8500 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022E0689/00W002 | Flanders | 2,779 m² | 1 · 39 m² | 0.0 m |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
24-06-2024 Registered office moved to Kortrijk
- Dumolinlaan, 1 bus 13 te 8500 Kortrijk
Technical details
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"effective_date": "2024-04-01",
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"region_changed": false,
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},
"co_filed_documents": []
}07-03-2024 1 director appointed, 1 resigning
- Kathia Vandewiele, Vennoot en bestuurder
- Vandewiele Kristof, Bestuurder
Technical details
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"act_meta": {
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{
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"is_correction": false,
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"publication_proxy": {
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | VETAX |
| Trade nameNL | Vetax |