VETAX
ActiveThe computed 12-month bankruptcy probability of VETAX is 2.5% (moderate). The 2024 annual accounts show negative equity (€-21k) and a net result of €7k. Equity is shrinking by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 9% of 6714 sector peers (fiscal year 2024). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2021
Profitability0=
Solvency40=
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.78 against 0.8 in 2021), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-36.1%
Return on assets
11.4%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 6714 sector peers (2024).
NBB · sector comparisonPosition among 6714 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2021
206 d late
2020
88 d late
2019
314 d late
2018
680 d late
2017
24 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-21k▲ 33.6%
2021 · €-32k
2018: €22k
2019: €-28k
2020: €-33k
2021: €-32k
2018 → 2024
Total assets
€59k▲ 56.5%
2021 · €38k
2018: €124k
2019: €141k
2020: €46k
2021: €38k
2018 → 2024
Net result
€7k▲ 1,393%
2021 · €452
2018: €873
2019: €-50k
2020: €-5k
2021: €452
2018 → 2024
Working capital
€-4k▼ 2.6%
2021 · €-4k
2018: €-9k
2019: €-59k
2020: €-50k
2021: €-4k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212024Trend
Equity€22k-€-28k€-33k▼ 16.7%€-32k▲ 1.4%€-21k▲ 33.6%
Operating result€873-€-50k€-4k▲ 91.3%€652€7k▲ 953%
Net result€873-€-50k€-5k▲ 90.6%€452€7k▲ 1,393%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2019 the operating result has climbed three years in a row; 2024 is 953% above 2021 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2021 as the grey bar beneath
Assets €59k
Fixed assets
€45k▲ 101%
Current assets
€14k▼ 9.6%
Key figures and ratios
EBITDA
€16k▲
2021 · €6k
Cash flow
€16k▲
2021 · €6k
Solvency
-36.1%▲
2021 · -85.1%
Current ratio
0.78▼
2021 · 0.80
Quick ratio
0.78▼
2021 · 0.80
Debt / equity
-3.77▼
2021 · -2.17
ROE
-31.7%▼
2021 · -1.4%
ROA
11.4%▲
2021 · 1.2%
Interest coverage
107.64▲
2021 · 30.15
Debt
€80k▲
2021 · €70k
Debt ≤ 1 year
€18k▼
2021 · €19k
Debt > 1 year
€63k▲
2021 · €51k
Staff costs
€15k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2021
Balance sheet
Code20212024
Assets
Total assets20/58€38k€59k▲
Fixed assets21/28€23k€45k▲
Intangible fixed assets21€23k€18k▼
Tangible fixed assets22/27-€28k
Furniture and vehicles24-€28k
Current assets29/58€15k€14k▼
Amounts receivable within one year40/41€4k€2k▼
Trade receivables40€2k€2k▲
Other amounts receivable41€3k-
Cash at bank and in hand54/58€10k€11k▲
Deferred charges and accrued income490/1€898€898=
Equity and liabilities
Total equity and liabilities10/49€38k€59k▲
Equity10/15€-32k€-21k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-53k€-42k▲
Amounts payable17/49€70k€80k▲
Amounts payable after more than one year17€51k€63k▲
Financial debts170/4€51k€63k▲
Amounts payable within one year42/48€19k€18k▼
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€11k€6k▼
Suppliers440/4€11k€6k▼
Taxes, remuneration and social security45-€3k
Taxes450/3-€2k
Remuneration and social security454/9-€1k
Other amounts payable47/48-€145
Income statement
Code20212024
Remuneration, social security and pensions62-€15k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€9k▲
Other operating charges640/8-€203
Gross operating margin9900€6k€31k▲
Operating profit (loss)9901€652€7k▲
Financial income75/76B-€41
Recurring financial income75-€41
Non-recurring financial income76B-€41
Financial charges65/66B€200€151▼
Recurring financial charges65€200€151▼
Profit (loss) for the period before taxes9903€452€7k▲
Profit (loss) for the period9904€452€7k▲
Profit (loss) for the period to be appropriated9905€452€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-53k€-42k▲
Profit (loss) brought forward from the previous period14P€-53k€-49k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Highest result since 2018net €7k ▲1393%
Operating result €7k, net result €7k, both a record.
2023
22-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 206 days late
2021
31-12
Financial
Back to profitnet €452
Net result €452 after 2 loss-making years.
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 314 days late
10-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 680 days late
2019
31-12
Financial
Weakest financial yearnet €-50k ▼5799%
Net result drops to €-50k, the lowest in the series; recovery starts the following year.
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
2016
30-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
30-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
06-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 6 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 1996
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Alsembergsesteenweg 7201180 UkkelGround area
607 m²
Building footprint
571 m²
Volume, LiDAR
3,288 m³
Parcel 21016B0008/00Z003, Brussels · tallest building 14.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Alsembergsesteenweg 720, 1180 Ukkel
since 19962.077.953.794
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21016B0008/00Z003 | Brussels | 607 m² | 1 · 571 m² | 14.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,632 companies in sector 49330 we hold annual accounts for 2,257. 1,962 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-06-1996
Fiscal year end31-12
Activities, NACEBEL
49320Taxi operation
49330On-demand passenger transport by chauffeured vehicle
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:talbiyoucef154@gmail.com