VEVAKO
ActiveSummary
VEVAKO has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €907,575 and a net result of €24,864. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 82% of 11693 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
What they do
Agents in non-specialised wholesale trade
NACE 46190NACE 51190
1 site
How big
€1.1mtotal assets 2025
- Equity
- €907,575
- Profit
- €24,864
Turnover not published (abridged schema)
Who decides
Accounts filed 28 d late0 of 6 deeds read
Why 76- Higher-failure-rate sector+ Long track record+ Annual accounts: healthy financial profileFiled after the deadlineShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability72▲+15
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65,000 at 30 days acceptable
Liquidity ample (current ratio 4.84 against 3.88 in 2024; short-term debt: 19.5% and cash: 0.6% of total assets), and 19.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
80.5%
Return on assets
2.2%
Age of the figures
18 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-11-2025, 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 filingsDeviation from the deadline
2025
28 d late
2024
26 d late
2023
23 d late
2022
10 d late
2021
3 d late
2020
47 d late
2019
176 d 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 45 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 23 November (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close01-10-2026 today31-10-2026 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet €9,377 ▼78%
Financials
Fiscal year 2025Total assets €1.1mProfit €24,864Solvency 80.5%Liquidity 4.84
Turnover
€1.1m
2020
Net result
€24,864▲ 165%
2019 - 2025
Equity
€907,575▲ 2.8%
2019 - 2025
Solvency
80.5%▲ 4.4pp
2019 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€0.02m▼ 33.5%€0.04m▲ 78.9%€0.07m▲ 74.9%€0.03m▼ 57.9%€0.05m▲ 78.8%
Net result€0.03mabove the sector's middle half▲ 179%€0.02mwithin the sector's middle half▼ 40.1%€0.04mabove the sector's middle half▲ 114%€0.009mwithin the sector's middle half▼ 78.0%€0.02mwithin the sector's middle half▲ 165%
EBIT margin
Equity€0.8mabove the sector's middle half▲ 4.3%€0.8mabove the sector's middle half▲ 2.5%€0.9mabove the sector's middle half▲ 5.1%€0.9mabove the sector's middle half▲ 1.1%€0.9mabove the sector's middle half▲ 2.8%
Total assets€1.3mabove the sector's middle half▼ 7.1%€1.3mabove the sector's middle half▼ 0.8%€1.5mabove the sector's middle half▲ 17.6%€1.2mabove the sector's middle half▼ 21.2%€1.1mabove the sector's middle half▼ 2.9%
Debt€0.5m▼ 22.4%€0.4m▼ 6.8%€0.6m▲ 42.1%€0.3m▼ 53.7%€0.2m▼ 20.9%
Working capital€0.8mabove the sector's middle half▲ 6.2%€0.8mabove the sector's middle half▲ 5.8%€0.8mabove the sector's middle half▼ 0.1%€0.8mabove the sector's middle half▼ 1.4%€0.8mabove the sector's middle half▲ 5.5%
Solvency64.2%within the sector's middle half▲ 7.0pp66.3%within the sector's middle half▲ 2.1pp59.3%within the sector's middle half▼ 7.0pp76.1%above the sector's middle half▲ 16.8pp80.5%above the sector's middle half▲ 4.4pp
Current ratio2.69within the sector's middle half▲ 0.463.00within the sector's middle half▲ 0.302.40within the sector's middle half▼ 0.603.88above the sector's middle half▲ 1.484.84above the sector's middle half▲ 0.96
Return on assets (ROA)2.6%within the sector's middle half▲ 1.8pp1.6%within the sector's middle half▼ 1.0pp2.9%within the sector's middle half▲ 1.3pp0.8%within the sector's middle half▼ 2.1pp2.2%within the sector's middle half▲ 1.4pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 79% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets
€64,448 ▼ 23.0%
Current assets
€1.1m ▼ 1.3%
Equity and liabilities €1.1m
Equity
€907,575 ▲ 2.8%
Debt
€219,733 ▼ 20.9%
Debt's share of the balance-sheet total falls from 23.9% to 19.5%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€70,886▲
2024 · €47,962
Cash flow
€44,402▲
2024 · €28,615
Quick ratio
4.11▲
2024 · 3.50
Debt to equity
0.24▼
2024 · 0.31
ROE
2.7%▲
2024 · 1.1%
Interest coverage
9.49▲
2024 · 4.41
Debt ≤ 1 year
€219,733▼
2024 · €277,694
Income taxes
€19,013▲
2024 · €8,470
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,732 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,217 | €19,086 | €13,265 | €19,238 | €19,538 | ▲ 1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €2,816 | - | - | - |
| Other operating charges640/8 | - | €3,373 | €1,971 | €1,365 | €636 | ▼ 53.4% |
| Gross operating margin9900 | €37,628 | €61,472 | €86,288 | €49,327 | €71,522 | ▲ 45.0% |
| Operating profit (loss)9901 | €21,810 | €39,013 | €68,236 | €28,724 | €51,348 | ▲ 78.8% |
| Financial charges65/66B | - | €4,153 | €5,690 | €10,877 | €7,471 | ▼ 31.3% |
| Recurring financial charges65 | €4,059 | €4,153 | €5,690 | €10,877 | €7,471 | ▼ 31.3% |
| Profit (loss) for the period before taxes9903 | €55,751 | €34,860 | €62,546 | €17,847 | €43,877 | ▲ 146% |
| Income taxes67/77 | €22,436 | €14,897 | €19,829 | €8,470 | €19,013 | ▲ 124% |
| Profit (loss) for the period9904 | €33,315 | €19,963 | €42,717 | €9,377 | €24,864 | ▲ 165% |
| Profit (loss) for the period to be appropriated9905 | €33,315 | €19,963 | €42,717 | €9,377 | €24,864 | ▲ 165% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.3m | €1.3m | €1.5m | €1.2m | €1.1m | ▼ 2.9% |
| Fixed assets21/28 | €0.04m | €0.04m | €0.08m | €0.08m | €0.06m | ▼ 23.0% |
| Tangible fixed assets22/27 | €0.04m | €0.04m | €0.08m | €0.06m | €0.04m | ▼ 30.2% |
| Furniture and vehicles24 | - | €0.04m | €0.08m | €0.06m | €0.04m | ▼ 30.2% |
| Financial fixed assets28 | - | - | - | €0.02m | €0.02m | = |
| Current assets29/58 | €1.2m | €1.2m | €1.4m | €1.1m | €1.1m | ▼ 1.3% |
| Stocks and contracts in progress3 | €0.2m | €0.3m | €0.2m | €0.1m | €0.2m | ▲ 50.3% |
| Stocks30/36 | - | €0.3m | €0.2m | €0.1m | €0.2m | ▲ 50.3% |
| Amounts receivable within one year40/41 | €1.0m | €0.9m | €1.0m | €0.9m | €0.9m | ▲ 1.2% |
| Trade receivables40 | - | €0.8m | €0.8m | €0.8m | €0.8m | ▲ 3.2% |
| Other amounts receivable41 | - | €0.1m | €0.2m | €0.08m | €0.07m | ▼ 17.7% |
| Cash at bank and in hand54/58 | €0.02m | €409 | €0.2m | €0.05m | €0.007m | ▼ 87.0% |
| Deferred charges and accrued income490/1 | - | €0.002m | €0.001m | €0.04m | €0.002m | ▼ 94.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.3m | €1.3m | €1.5m | €1.2m | €1.1m | ▼ 2.9% |
| Equity10/15 | €0.8m | €0.8m | €0.9m | €0.9m | €0.9m | ▲ 2.8% |
| Contributions10/11 | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Capital10 | - | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Issued capital100 | - | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Reserves13 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Non-distributable reserves130/1 | - | €0.004m | €0.004m | €0.004m | €0.004m | = |
| Legal reserve130 | - | €0.004m | €0.004m | €0.004m | €0.004m | = |
| Distributable reserves133 | - | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Profit (loss) carried forward14 | €0.3m | €0.3m | €0.3m | €0.3m | €0.4m | ▲ 7.4% |
| Amounts payable17/49 | €0.5m | €0.4m | €0.6m | €0.3m | €0.2m | ▼ 20.9% |
| Amounts payable after more than one year17 | - | €0.02m | €0.02m | - | - | - |
| Financial debts170/4 | - | €0.02m | €0.02m | - | - | - |
| Amounts payable within one year42/48 | €0.5m | €0.4m | €0.6m | €0.3m | €0.2m | ▼ 20.9% |
| Current portion of amounts payable after more than one year42 | - | €0.03m | - | - | - | - |
| Financial debts43 | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Credit institutions430/8 | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Trade debts44 | €0.02m | €0.02m | €0.3m | €0.07m | €0.01m | ▼ 85.3% |
| Suppliers440/4 | - | €0.02m | €0.3m | €0.07m | €0.01m | ▼ 85.3% |
| Taxes, remuneration and social security45 | - | €0.02m | €0.02m | €0.009m | €0.03m | ▲ 190% |
| Taxes450/3 | - | €0.02m | €0.02m | €0.009m | €0.03m | ▲ 190% |
| Other amounts payable47/48 | - | €0.2m | €0.1m | €0.07m | €0.06m | ▼ 19.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33,315 | €19,963 | €42,717 | €9,377 | €24,864 | ▲ 165% |
| + Depreciation and write-downs630 | €11,217 | €19,086 | €13,265 | €19,238 | €19,538 | ▲ 1.6% |
| Operating cash flow (approximation) | €44,532 | €39,049 | €55,982 | €28,615 | €44,402 | ▲ 55.2% |
| Investment in fixed assets (approximation) | - | -€10,369 | -€60,316 | -€20,000 | -€300 | ▲ 98.5% |
| Change in cash | - | -€21,177 | €190,105 | -€140,152 | -€43,820 | ▲ 68.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
HOLVOET
BE 0439.731.385
Kortrijk · Eq €909,499
INTERNATIONAL SALES CHANNEL
BE 0875.351.160
Koksijde · Eq €909,992
Deweerdt W.
BE 0428.789.389
Aalst · Eq €902,655
EUROPRO
BE 0440.271.716
Ukkel · Eq €901,953
Oranje Furniture Care Belgium
BE 0797.288.134
Antwerpen · Eq €901,708
Of 6,140 companies in this sector we hold annual accounts for 2,574. 1,254 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
12 eventsLatest 28-11-2025Next filing 31-10-2026
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2024
26-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
31-03
Financial
Weakest financial yearnet €9,377 ▼78%
Net result drops to €9,377, the lowest in the series; recovery starts the following year.
2023
23-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
31-03
Financial
Highest result since 2019net €42,717 ▲114%
Operating result €68,236, net result €42,717, both a record.
2022
10-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2020
17-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 47 days late
24-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 176 days late
2018
26-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 56 days late
2017
26-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 56 days late
2016
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Company details
Private limited company (pre-2019) · founded 04-09-1992Year ends 31-03Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company (pre-2019)
Founded04-09-1992
Fiscal year end31-03
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
52100Warehousing and storage
E-invoicing
Reachable via Peppol
Peppol ID
0208:0448147225
Registered
15-09-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Lochristi · 1 establishment unit since 1992
Ground area
683 m²
Building footprint
166 m²
Volume, LiDAR
4 m³
Parcel 44472B1855/00N002, Flanders · tallest building 0.9 m. Linked by address, not a title deed.
1 establishment unit
Langelede 23, 9185 Lochristi
since 1992unit no. 2.058.931.007
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44472B1855/00N002 | Flanders | 683 m² | 1 · 166 m² | 0.9 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.