VETRADIS

Active

Private limited companyfounded 200620 yrs activeMeikeverstraat(BOR) 2, 2880 Bornem, BelgiumKBO/BCE: BE 0881.815.617

VETRADIS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €260k and a net result of €95k. Equity is growing by ~26% per year across the filed fiscal years. Its solvency ranks better than 23% of 1847 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).

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Checked score

Score 2024

56 / 100

Fair▲ +8 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+10

Solvency19▲+3

Growth78=

Stability100

Bankruptcy probability, 12 months

1.5% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €15k at 30 days acceptable

Liquidity short (current ratio 0.71 against 0.81 in 2023), and 79.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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 →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 1847 sector peers (2024).

NBB · sector comparison

Position among 1847 sector peers

Solvency

better than 23%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-05-2025, 71 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

71 d early

2023

77 d early

2022

67 d early

2021

81 d early

2020

54 d early

2019

50 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity

€260k▲ 57.9%

2023 · €165k

2018: €106k 2019: €67k 2020: €55k 2021: €90k 2022: €135k 2023: €165k

2018 → 2024

Total assets

€1.27M▲ 4.8%

2023 · €1.21M

2018: €1.18M 2019: €1.09M 2020: €1.02M 2021: €1.21M 2022: €1.25M 2023: €1.21M

2018 → 2024

Net result

€95k▲ 221%

2023 · €30k

2018: €-23k 2019: €-38k 2020: €-12k 2021: €35k 2022: €45k 2023: €30k

2018 → 2024

Working capital

€-73k▼ 70.3%

2023 · €-43k

2018: €-632 2019: €-20k 2020: €-49k 2021: €-39k 2022: €8k 2023: €-43k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€55k-€90k▲ 63.7%€135k▲ 49.7%€165k▲ 22.1%€260k▲ 57.9%

Operating result€14k-€64k▲ 364%€73k▲ 13.8%€57k▼ 22.3%€144k▲ 155%

Net result€-12k-€35k€45k▲ 27.7%€30k▼ 33.5%€95k▲ 221%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 155% above 2023 and is the highest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €1.27M

86.2%

13.8%

Fixed assets €1.09M▲ 6.2%

Current assets €176k▼ 3.3%

Equity and liabilities €1.27M

20.5%

79.5%

Equity €260k▲ 57.9%

Debt €1.01M▼ 3.6%

The debt ratio falls from 86.4% to 79.5%: equity grows while debt is paid down.

Key figures and ratios

2024 value · change against 2023

EBITDA

€276k▲

2023 · €161k

Cash flow

€227k▲

2023 · €134k

Solvency

20.5%▲

2023 · 13.6%

Current ratio

0.71▼

2023 · 0.81

Quick ratio

0.71▼

2023 · 0.81

Debt / equity

3.89▼

2023 · 6.37

ROE

36.7%▲

2023 · 18.1%

ROA

7.5%▲

2023 · 2.5%

Interest coverage

9.73▲

2023 · 6.02

Debt

€1.01M▼

2023 · €1.05M

Debt ≤ 1 year

€248k▲

2023 · €224k

Debt > 1 year

€757k▼

2023 · €822k

Income taxes

€20k▲

2023 · €237

Staff costs

€271k▲

2023 · €257k

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 2023

Balance sheet Code20232024

Assets

Total assets20/58€1.21M€1.27M▲

Fixed assets21/28€1.03M€1.09M▲

Tangible fixed assets22/27€1.03M€1.09M▲

Land and buildings22€891k€913k▲

Plant, machinery and equipment23€15k€37k▲

Furniture and vehicles24€124k€144k▲

Financial fixed assets28€440€440=

Current assets29/58€181k€176k▼

Amounts receivable within one year40/41€95k€108k▲

Trade receivables40€95k€108k▲

Other amounts receivable41€22€22=

Cash at bank and in hand54/58€78k€61k▼

Deferred charges and accrued income490/1€8k€7k▼

Equity and liabilities

Total equity and liabilities10/49€1.21M€1.27M▲

Equity10/15€165k€260k▲

Contributions10/11€12k€12k=

Reserves13€152k€248k▲

Distributable reserves133€152k€248k▲

Amounts payable17/49€1.05M€1.01M▼

Amounts payable after more than one year17€822k€757k▼

Financial debts170/4€822k€757k▼

Amounts payable within one year42/48€224k€248k▲

Current portion of amounts payable after more than one year42€64k€65k▲

Trade debts44€58k€41k▼

Suppliers440/4€58k€41k▼

Taxes, remuneration and social security45€42k€61k▲

Taxes450/3€11k€32k▲

Remuneration and social security454/9€31k€30k▼

Other amounts payable47/48€60k€81k▲

Accrued charges and deferred income492/3€2k€6k▲

Income statement Code20232024

Non-recurring operating income76A€44k€30k▼

Remuneration, social security and pensions62€257k€271k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€104k€132k▲

Other operating charges640/8€8k€9k▲

Gross operating margin9900€426k€556k▲

Operating profit (loss)9901€57k€144k▲

Financial income75/76B€142€0▼

Recurring financial income75€142€0▼

Financial charges65/66B€27k€28k▲

Recurring financial charges65€27k€28k▲

Profit (loss) for the period before taxes9903€30k€116k▲

Income taxes67/77€237€20k▲

Profit (loss) for the period9904€30k€95k▲

Profit (loss) for the period to be appropriated9905€30k€95k▲

Appropriation of the result

Profit (loss) to be appropriated9906€30k€95k▲

Transfer to equity691/2€30k€95k▲

To other reserves6921€30k€95k▲

Social balance

Average headcount (FTE)90876.86.3▼

The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 16Financial 6Filings 10

2025

21-05

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-12

Financial Highest result since 2018net €95k ▲221%

Operating result €144k, net result €95k, both a record.

31-12

Financial Equity above €200kEq €260k ▲57.9%

4 profitable years in a row build equity to €260k.

15-05

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

31-12

Financial Equity above €150kEq €165k ▲22.1%

3 profitable years in a row build equity to €165k.

25-05

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

31-12

Financial Equity above €100kEq €135k ▲49.7%

2 profitable years in a row build equity to €135k.

11-05

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2021

31-12

Financial Back to profitnet €35k

Net result €35k after 3 loss-making years.

07-06

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2020

11-06

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema

2019

31-12

Financial Weakest financial yearnet €-38k

Net result drops to €-38k, the lowest in the series; recovery starts the following year.

07-06

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2018

02-07

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

2017

29-05

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

2016

09-06

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

5 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, Bornem · 2 establishment units since 2006

establishment All 2 establishment units on the map

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.

Meikeverstraat(BOR) 22880 Bornem

Ground area

2,194 m²

Building footprint

836 m²

Volume, LiDAR

4,332 m³

2 parcels, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.

2 establishment units

VETRADIS

Meikeverstraat(BOR) 2, 2880 BornemAgents in non-specialised wholesale trade

since 20062.154.991.689

Lichterveld 15, 2870 Puurs-Sint-Amands

Renting and leasing of cars and light motor vehicles

since 20202.309.603.256

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12030D0091/00K000	Flanders	1,489 m²	1 · 709 m²	11.1 m · 2 fl.
12007B0870/00F000	Flanders	705 m²	1 · 127 m²	7.4 m · 1 fl.

Linked by address, not proof of ownership

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.

Public money · subsidies and aid

Flemish government

2023 to 2025 · 3 entries · 1,430 EUR awarded · 1,652 EUR paid

Year	Entries	awarded	paid
2025	1	1,125 EUR	1,125 EUR
2024	1	305 EUR	305 EUR
2023	1	0 EUR	222 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

3 entries · 1,430 EUR · 1,652 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site

Puurs-Sint-Amands2.309.603.256

2 permissions

Opslag andere dan levensmiddelen · since 25-03-2022

Toelating · Gekoelde opslag levensmiddelen · since 17-10-2021

Parcel delivery

Notified to the BIPT

since 01-05-2024

Similar companies · same sector, comparable size

TRANSPORT FRANKY VERTHRIEST

BE 0845.970.355

Aalter · Eq €260k

TRANSPORT MEERSMAN TIM

Of 12,446 companies in sector 49410 we hold annual accounts for 8,085. 5,916 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded01-06-2006

Fiscal year end31-12

Activities, NACEBEL

49410Freight transport by road

47242Retail sale of chocolate and confectionery

53200Other postal and courier activities

68110Buying and selling of own real estate

68203Renting and operating of own or leased non-residential real estate, excluding land

Sources

Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries

E-mail:stefan.servaes@telenet.be

Enterprise

Phone:0475534004

Enterprise