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VETRAPO

Active
Public limited companyfounded 198243 years activePardostraat 2, 8340 Damme, BelgiumKBO/BCE: BE 0423.291.172
Summary

The computed 12-month bankruptcy probability of VETRAPO is 1.5% (moderate). The 2025 annual accounts show equity of €237,091 and a net result of -€34,867. Equity is growing by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 56% of 819 sector peers (NACE 25, fiscal year 2025). The company has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of metal structures and parts of structures
NACE 25110Manufacture of fabricated metal products, except machinery and equipment NACE 25120
#1 oldest company in Damme, Manufacturing sector1 site
Size
€462,044total assets 2025
Staff
4.1 FTE
Equity
€237,091
Loss
-€34,867
Financial health
62 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.5%
Structure
Parent
'T VIERDAK · 99.2%
Accounts filed 28 days late0 of 6 deeds read
Why 62- Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25)- Latest accounts 28 days late; 1 of the last 3 late- Liquidity: current ratio 1.96, cash €30- Loss of €34,867 (FY 2025)Show the evidence

Checked score

Score 2025
62 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 25% of its sector peers (NACE 25, micro)
Financial strength · tick = 2024
Weak
Solvency 76-7
equity 51.3% of total assets
Liquidity 28-5
short-term debt 44.4% · cash 0.0%
Profitability 9-55
return on assets -7.5%
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,695 companies)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025lowest value 07-2025: 0.8%▲ +0.1 percentage points vs 06-2025 08-2025: 1.1%▲ +0.3 percentage points vs 07-2025 09-2025: 1.3%▲ +0.2 percentage points vs 08-2025 10-2025: 0.9%▼ -0.4 percentage points vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.8%▼ -0.1 percentage points vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 1.3%▲ +0.5 percentage points vs 07-2026 09-2026: 1.5%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 1.5%● unchanged vs 09-2026highest value
Credit up to €14,000 at 30 days acceptable
Liquidity ample (current ratio 1.96 against 2.17 in 2024; short-term debt: 44.4% and cash: 0% of total assets), and 48.7% of the assets are financed with debt.
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 25, micro): better than 55% on solvency, 16% on liquidity, 10% on profitability and 20% on growth.

The bankruptcy probability was computed on 08-10-2026 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

Five signals.
+raises risk○neutral
raises risk · Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
raises risk · Latest accounts 28 days late; 1 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 1.96, cash €30
NBB · annual accounts
raises risk · Loss of €34,867 (FY 2025)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 filings
Deviation from the deadline
2025
28 days late
2024
61 days late
2023
29 days late
2022
30 days late
2021
31 days late
2020
19 days early
2019
31 days late
← 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 27 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
08-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Weakest financial yearnet -€34,867
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Caution: From profit to loss in 2025after €40,550 in 2024 -€34,867 View
  • Positive: Oldest company in Damme, Manufacturing sectorin the Checked rankings #1 View
  • Controlled by 'T VIERDAK 99.2% View

By topic

Financials

Fiscal year
2025
Total assets
€462,044
Loss
-€34,867
Solvency
51.3%
Total assets▼ 1.8%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 29-08-2024Annual accounts filed
  2. 31-12-2023Highest result since 2018
  3. 31-12-2023Equity above €200,000
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of metal structures and parts of structuresNACE 25110
Founded
07-12-1982
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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