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Vevast

Active
Private limited companyfounded 20187 yrs activeEpicealaan 32, 2910 Essen, BelgiumKBO/BCE: BE 0714.980.070
Summary

The computed 12-month bankruptcy probability of Vevast is 2.3% (moderate). The 2024 annual accounts show equity of €437,594 and a net result of €48,238. Equity is growing by ~40.1% per year across the filed fiscal years. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability40▼-2
Solvency33▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.09 against 1.06 in 2023; short-term debt: 91.9% and cash: 0.3% of total assets), and 92.4% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-06-2026, 34 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
34 d early
2024
33 d early
2023
19 d late
2022
31 d early
2021
12 d late
2020
13 d late
2019
32 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 12 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 June (4 of the last 5 filed years within 43 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

On 30 November 2018, Vevast was incorporated.1 Total assets went from EUR 3.1 million in 2019 to EUR 5.8 million in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024

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Financials · fiscal year 2024, abbreviated schema, 2025 accounts filed, figures not processed yet

Equity
€437,594▲ 5.6%
2023 · €414,356
Total assets
€5.8m▼ 27.9%
2023 · €8.0m
Net result
€48,238▼ 65.4%
2023 · €139,606
Working capital
€468,574▲ 3.6%
2023 · €452,501
Trend over the years
In euros
In euros
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.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€273,364▲ 629%€106,203▼ 61.1%€317,902▲ 199%€536,921▲ 68.9%€382,928▼ 28.7%
Net result€133,415▲ 46,095%€13,019▼ 90.2%€163,028▲ 1,152%€139,606▼ 14.4%€48,238▼ 65.4%
Equity€113,704▲ 13.4%€126,722▲ 11.4%€274,750▲ 117%€414,356▲ 50.8%€437,594▲ 5.6%
Total assets€2.2m▼ 28.8%€3.8m▲ 70.2%€4.6m▲ 21.6%€8.0m▲ 73.6%€5.8m▼ 27.9%
Debt€2.1m▼ 30.2%€3.7m▲ 73.4%€4.3m▲ 18.3%€7.6m▲ 75.0%€5.3m▼ 29.7%
Working capital€118,806▲ 4.0%€142,955▲ 20.3%€281,991▲ 97.3%€452,501▲ 60.5%€468,574▲ 3.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
  • 2022 Net result +1,152% on 2021. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
€0€200,000€400,000€600,000Operating result 2020: €273,364€273,364Net result 2020: €133,415€133,415Operating result 2021: €106,203€106,203Net result 2021: €13,019€13,019Operating result 2022: €317,902€317,902Net result 2022: €163,028€163,028Operating result 2023: €536,921€536,921Net result 2023: €139,606€139,606Operating result 2024: €382,928€382,928Net result 2024: €48,238€48,23820202021202220232024€0€200,000€400,000€600,000Operating result 2022: €317,902€318,000Net result 2022: €163,028€163,000Operating result 2023: €536,921€537,000Net result 2023: €139,606€140,000Operating result 2024: €382,928€383,000Net result 2024: €48,238€48,200202220232024
The operating result falls in 2024; 2024 is 29% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €5.8m
Equity €437,594 ▲ 5.6%
Debt €5.3m ▼ 29.7%
Debt's share of the balance-sheet total falls from 94.8% to 92.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
Current ratio
1.09▲
2023 · 1.06
Quick ratio
0.01▼
2023 · 0.21
Debt to equity
12.21▼
2023 · 18.35
ROE
11.0%▼
2023 · 33.7%
ROA
0.8%▼
2023 · 1.7%
Debt ≤ 1 year
€5.3m▼
2023 · €7.6m
Income taxes
€22,762▼
2023 · €60,032
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,603 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 96% are still going.

  • Small
  • 5 to 10 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
1.9% went bankrupt
1.8% stopped otherwise
96% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.3% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 1,603 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet Code20232024
Assets
Total assets20/58€8.0m€5.8m▼
Current assets29/58€8.0m€5.8m▼
Stocks and contracts in progress3€6.4m€5.7m▼
Stocks30/36€6.4m€5.7m▼
Amounts receivable within one year40/41€3,350€29,361▲
Trade receivables40-€25,955
Other amounts receivable41€3,350€3,406▲
Cash at bank and in hand54/58€1.6m€19,607▼
Equity and liabilities
Total equity and liabilities10/49€8.0m€5.8m▼
Equity10/15€414,356€437,594▲
Contributions10/11€100,000€100,000=
Reserves13€314,356€337,594▲
Non-distributable reserves130/1€289-
Reserves not available under the articles1311€289-
Distributable reserves133€314,068€337,594▲
Amounts payable17/49€7.6m€5.3m▼
Amounts payable within one year42/48€7.6m€5.3m▼
Financial debts43€5.2m€4.2m▼
Credit institutions430/8€5.2m€4.2m▼
Trade debts44€119,687-
Suppliers440/4€119,687-
Taxes, remuneration and social security45€69,212€6,300▼
Taxes450/3€69,212€6,300▼
Other amounts payable47/48€2.1m€1.1m▼
Accrued charges and deferred income492/3€38,145€30,980▼
Income statement Code20232024
Other operating charges640/8€238€908▲
Gross operating margin9900€537,159€383,836▼
Operating profit (loss)9901€536,921€382,928▼
Financial income75/76B€1€9,392▲
Recurring financial income75€1€9,392▲
Financial charges65/66B€337,284€321,320▼
Recurring financial charges65€337,284€321,320▼
Profit (loss) for the period before taxes9903€199,638€70,999▼
Income taxes67/77€60,032€22,762▼
Profit (loss) for the period9904€139,606€48,238▼
Profit (loss) for the period to be appropriated9905€139,606€48,238▼
Appropriation of the result
Profit (loss) to be appropriated9906€139,606€48,238▼
Transfer from equity791/2-€25,000
Transfer to equity691/2€139,606€48,238▼
To other reserves6921€139,606€48,238▼
Profit to be distributed694/7-€25,000
Return on contributions (dividend)694-€25,000

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Other operating charges640/8-€101€1,060€238€908▲ 282%
Gross operating margin9900€273,464€106,304€318,962€537,159€383,836▼ 28.5%
Operating profit (loss)9901€273,364€106,203€317,902€536,921€382,928▼ 28.7%
Financial income75/76B-€68€537€1€9,392▲ 1,173,850%
Recurring financial income75€0€68€537€1€9,392▲ 1,173,850%
Financial charges65/66B-€68,227€84,524€337,284€321,320▼ 4.7%
Recurring financial charges65€75,377€68,227€84,524€337,284€321,320▼ 4.7%
Profit (loss) for the period before taxes9903€197,987€38,045€233,915€199,638€70,999▼ 64.4%
Income taxes67/77€64,572€25,026€70,887€60,032€22,762▼ 62.1%
Profit (loss) for the period9904€133,415€13,019€163,028€139,606€48,238▼ 65.4%
Profit (loss) for the period to be appropriated9905€133,415€13,019€163,028€139,606€48,238▼ 65.4%
Line20202021202220232024Change
Assets
Total assets20/58€2.2m€3.8m€4.6m€8.0m€5.8m▼ 27.9%
Current assets29/58€2.2m€3.8m€4.6m€8.0m€5.8m▼ 27.9%
Stocks and contracts in progress3€1.3m€3.4m€4.2m€6.4m€5.7m▼ 11.0%
Stocks30/36-€3.4m€4.2m€6.4m€5.7m▼ 11.0%
Amounts receivable within one year40/41€82,880€1,153€3,350€3,350€29,361▲ 776%
Trade receivables40----€25,955-
Other amounts receivable41-€1,153€3,350€3,350€3,406▲ 1.7%
Cash at bank and in hand54/58€799,340€409,600€382,561€1.6m€19,607▼ 98.8%
Deferred charges and accrued income490/1-€36,672----
Equity and liabilities
Total equity and liabilities10/49€2.2m€3.8m€4.6m€8.0m€5.8m▼ 27.9%
Equity10/15€113,704€126,722€274,750€414,356€437,594▲ 5.6%
Contributions10/11-€100,000€100,000€100,000€100,000=
Reserves13€13,704€26,722€174,750€314,356€337,594▲ 7.4%
Non-distributable reserves130/1-€289€289€289--
Reserves not available under the articles1311-€289€289€289--
Distributable reserves133-€26,434€174,461€314,068€337,594▲ 7.5%
Amounts payable17/49€2.1m€3.7m€4.3m€7.6m€5.3m▼ 29.7%
Amounts payable within one year42/48€2.1m€3.7m€4.3m€7.6m€5.3m▼ 29.8%
Financial debts43-€2.6m€3.0m€5.2m€4.2m▼ 19.5%
Credit institutions430/8-€2.6m€3.0m€5.2m€4.2m▼ 19.5%
Trade debts44€45,346€104,556€164,178€119,687--
Suppliers440/4-€104,556€164,178€119,687--
Taxes, remuneration and social security45-€43,134€81,878€69,212€6,300▼ 90.9%
Taxes450/3-€43,134€81,878€69,212€6,300▼ 90.9%
Other amounts payable47/48-€913,108€1.1m€2.1m€1.1m▼ 49.2%
Accrued charges and deferred income492/3-€16,233€7,241€38,145€30,980▼ 18.8%
Line20202021202220232024Change
Profit (loss) for the period9904€133,415€13,019€163,028€139,606€48,238▼ 65.4%
Operating cash flow (approximation)€133,415€13,019€163,028€139,606€48,238▼ 65.4%
Change in cash--€389,740-€27,039€1.2m-€1.6m▼ 230%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 19 days late
2023
30-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Highest result since 2019net €163,028 ▲1,152%
Net result €163,028, the highest in the series.
31-12
Financial Equity above €200,000Eq €274,750 ▲117%
4 profitable years in a row build equity to €274,750.
12-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
13-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
29-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Essen · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
1,325 m²
Building footprint
463 m²
Volume, LiDAR
2,336 m³
Parcel 11642D0246/00P002, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
Vevast
Epicealaan 32, 2910 EssenRenting and operating of own or leased residential real estate, excluding social housing
since 20182.285.736.605
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11642D0246/00P002 Flanders 1,325 m² 1 · 463 m² 9.2 m · 2 fl.
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.

Structure & network

Owners and holdings

2 owners

Owners 2

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Subsidies and aid

Flemish government

2022 to 2023 · 2 entries · 7,168 EUR awarded · 7,498 EUR paid
Year Entries awardedpaid
2023 1 0 EUR330 EUR
2022 1 7,168 EUR7,168 EUR
Schemes
2 entries · 7,168 EUR · 7,498 EUR paid · Fonds voor Innoveren en Ondernemen

Company details

Identification
Legal formPrivate limited company
Founded30-11-2018
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0714980070
Also 9925:BE0714980070
Registered 10-01-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.