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VETRABO

Active
Public limited companyfounded 1990active for 36 yearsKluizenhof(SGW) 27, 9170 Sint-Gillis-Waas, BelgiumKBO/BCE: BE 0440.559.647
Summary

VETRABO has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €536,700 and a net result of €467,638, of which €1.1m non-recurring income. Equity is shrinking by about 15% per year across the filed financial years. Its solvency ranks better than 25% of 2,787 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Risk analysisFollow ReportCompare
VETRABOActiveChecked score 67/100
Risk analysis ReportCompare

Overview

Activity
General construction of residential buildings
NACE 41001Joinery installation NACE 43320
6th largest employer in Sint-Gillis-Waas, Construction sector1 site
Size
≈ €5.8mturnover 2025, estimated
Staff
21.3 FTE
Equity
€536,700
Profit
€467,638
Turnover estimated from the gross margin
Financial health
67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Holdings
1
  • Wildschut Holding BVDirector · permanent representative Anton Wildschut
  • WL Group BVDirector · permanent representative Rémi Wildschut
2025 accounts 133 days early1 of 4 deeds summarised
Why 67raises riskEquity €536,700 (16.8% of total assets)Sector: Construction of residential and non-residential buildings (NACE 41)Liquidity: current ratio 0.91, cash €24,551lowers riskProfit of €467,638 (financial year 2025)Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 33% of its sector peers (NACE 41, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 42-9
equity 16.8% of total assets
Liquidity 7-5
short-term debt 79.7% · cash 0.8%
Profitability 87+10
return on assets 14.7%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (912 companies, NACE 41, small)
Last 24 months 11-2024: 0.3%lowest value 12-2024: 0.4%▲ +0.1 percentage points vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.5%▲ +0.1 percentage points vs 11-2025 01-2026: 0.8%▲ +0.3 percentage points vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026highest value 04-2026: 0.8%● unchanged vs 03-2026highest value 05-2026: 0.8%● unchanged vs 04-2026highest value 06-2026: 0.8%● unchanged vs 05-2026highest value 07-2026: 0.8%● unchanged vs 06-2026highest value 08-2026: 0.8%● unchanged vs 07-2026highest value 09-2026: 0.8%● unchanged vs 08-2026highest value 10-2026: 0.8%● unchanged vs 09-2026highest value
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.91, compared with 1.03 in 2024, below 1; short-term debt: 79.7% and cash: 0.8% of total assets), and 83.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 41, small): better than 28% on solvency, 8% on liquidity, 91% on profitability and 6% on growth.

The bankruptcy probability was computed on 30-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Equity €536,700 (16.8% of total assets)
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Liquidity: current ratio 0.91, cash €24,551
NBB · annual accounts
lowers risk · Profit of €467,638 (financial year 2025)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 2787 sector peers (2025).
NBB · sector comparison
Position among 2787 sector peers
Solvency
better than 25%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 18-12-2025, 133 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
133 days early
2024
82 days early
2023
85 days early
2022
95 days early
2021
82 days early
2020
85 days early
2019
93 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 94 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 5 February (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end30-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations: Tony Durinck, Ronny Van Eetvelde…Appointments: Wildschut Holding BV (director)…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Highest result from 2019 to 2025net €467,638 ▲80.3%

Key points

  • Caution: Board changedlatest change 16-04-2026 · 2 in office 2 joined · 4 left View
  • Positive: Among the best 5% on net resultsector median €19,348 · 2,781 companies €467,638 View
  • Result rose in 2025mostly a one-off income of €1.1m ▲ 80.3% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €467,638, mostly one-off 7 years View

By topic

Financials

Financial year
2025
Total assets
€3.2m
Profit
€467,638
Solvency
16.8%
Total assets▼ 17.2%
Net result
20192025
Go to Financials

Timeline

Events
38
Since
1992
Next accounts
by 30-04-2027
  1. 07-02-2025Annual accounts filed
  2. 05-02-2024Annual accounts filed
  3. 30-09-2023Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
General construction of residential buildingsNACE 41001
Founded
16-05-1990
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Key facts about VETRABO

What is the company number of VETRABO?
0440.559.647. In Belgium the VAT number is the company number with BE in front: BE 0440.559.647.
Where is VETRABO based?
The registered office is at Kluizenhof(SGW) 27, 9170 Sint-Gillis-Waas.Company details
What does VETRABO do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of VETRABO?
Public limited company (NV).
When was VETRABO founded?
On 16-05-1990.
Is VETRABO still active?
Yes, VETRABO is an active enterprise in the KBO register.
How many employees does VETRABO have?
On average 21.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of VETRABO?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is VETRABO profitable?
In financial year 2025, VETRABO made a profit of €467,638.
Where can I find the annual accounts of VETRABO?
VETRABO filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VETRABO due?
By 30-04-2027, for financial year 2026.Timeline

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