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VeVemac

Active
Private limited companyfounded 2024active for 2 yearsFortsesteenweg 30, 2860 Sint-Katelijne-Waver, BelgiumKBO/BCE: BE 1011.576.277

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 23-07-2026 at the NBB

Turnover
≈ €150,000
Estimated: probably between €92,000 and €270,000
Total assets
€378,868
Net result
€2,631
Working capital
-€12,337

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €378,868
Fixed assets €369,968
Current assets €8,900
Equity and liabilities €378,868
Equity €7,631
Debt €371,237
Debt's share of the balance-sheet total is 98.0%.
Key figures and ratios
2025 value
EBITDA
€36,985
Cash flow
€36,247
Current ratio
0.42
Debt to equity
48.65
ROE
34.5%
ROA
0.7%
Interest coverage
over 100
Debt ≤ 1 year
€21,237
Debt > 1 year
€350,000
Income taxes
€658

Comparable companies

These companies have the same main activity as VeVemac: rental and leasing activities (NACE 77320). They are comparable in size and age: total assets between €178,000 and €351,000, founded between 2022 and 2025.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
VeVemac Sint-Katelijne-Waver2024€378,868€7,631€37,892€2,6312025
DALIE MACHINAS Herentals2024€177,780€22,786€34,800€9,9852026
JMVK LOCATION Walcourt2025€304,559€19,247€24,350-€7532025
NeSaS Sint-Niklaas2022€314,804€69,701€50,063€5,2802025
Bouwdroger24 Damme2023€191,670€13,301€43,591-€3,9362025
G-MAT Lokeren2023€349,249€23,774€84,971€7,4912025
Glasboy Kontich2022€351,006€165,599€16,681€17,0792025

They were chosen from the 493 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 2,135 companies had the same profile as VeVemac has now. Two years later, 5.2% had gone bankrupt and 92.1% were still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
5.2% went bankrupt
2.3% stopped otherwise
92.1% was still going

Another 0.4% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of VeVemac itself: 1.1% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,135 companies, not a prediction for VeVemac. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 31 lines

Source: Annual accounts 2025 at the NBB, filed on 23-07-2026.

Balance sheet Code2025
Assets
Total assets20/58€378,868
Fixed assets21/28€369,968
Tangible fixed assets22/27€369,968
Plant, machinery and equipment23€175,345
Furniture and vehicles24€194,623
Current assets29/58€8,900
Cash at bank and in hand54/58€8,900
Equity and liabilities
Total equity and liabilities10/49€378,868
Equity10/15€7,631
Contributions10/11€5,000
Profit (loss) carried forward14€2,631
Amounts payable17/49€371,237
Amounts payable after more than one year17€350,000
Financial debts170/4€350,000
Amounts payable within one year42/48€21,237
Taxes, remuneration and social security45€1,237
Taxes450/3€1,237
Other amounts payable47/48€20,000
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,616
Other operating charges640/8€907
Gross operating margin9900€37,892
Operating profit (loss)9901€3,369
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€81
Recurring financial charges65€81
Profit (loss) for the period before taxes9903€3,289
Income taxes67/77€658
Profit (loss) for the period9904€2,631
Profit (loss) for the period to be appropriated9905€2,631
Appropriation of the result
Profit (loss) to be appropriated9906€2,631

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,616
Other operating charges640/8€907
Gross operating margin9900€37,892
Operating profit (loss)9901€3,369
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€81
Recurring financial charges65€81
Profit (loss) for the period before taxes9903€3,289
Income taxes67/77€658
Profit (loss) for the period9904€2,631
Profit (loss) for the period to be appropriated9905€2,631
Line2025
Assets
Total assets20/58€378,868
Fixed assets21/28€369,968
Tangible fixed assets22/27€369,968
Plant, machinery and equipment23€175,345
Furniture and vehicles24€194,623
Current assets29/58€8,900
Cash at bank and in hand54/58€8,900
Equity and liabilities
Total equity and liabilities10/49€378,868
Equity10/15€7,631
Contributions10/11€5,000
Profit (loss) carried forward14€2,631
Amounts payable17/49€371,237
Amounts payable after more than one year17€350,000
Financial debts170/4€350,000
Amounts payable within one year42/48€21,237
Taxes, remuneration and social security45€1,237
Taxes450/3€1,237
Other amounts payable47/48€20,000
Line2025
Profit (loss) for the period9904€2,631
+ Depreciation and write-downs630€33,616
Operating cash flow (approximation)€36,247

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 23-07-2026 2026-00329555 NBB

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