Result
-€190,948 -€190,948
From profit to loss in 2025, after a profit of €3,162 in 2024.
Vep Engineered Plastics
Lifetime
7 annual accounts with figures on one time axispeak €766,487 (2022)
€301,177▼ 32.4%
lowest -€190,948 (2025)
-€190,948▼ €194,110
peak €837,461 (2024)
€646,513▼ 22.8%
€395,913▲ 4.2%
peak 4.9 FTE (2025)
4.9 FTE▲ 19.5%
Board5 names since 2019
1 directorMericulus
Owners
Documentsfilings and deeds
26-06-202635 days before the deadline
2025abbreviated format
Gross margin from €445,340 to €301,177Loss of €190,948Staff from 4.1 FTE to 4.9 FTEEquity from €837,461 to €646,513Cash from €29,329 to €57,045
Key points
from the 2025 annual accountsStaff
5 employees on 31-12-2025
In 2025, 1 person joined and 1 left.
Position in the sector
-€190,948
Lower net result than 95% of companies in chemicals. Sector median €36,567 · 148 companies.
Checked score
66
Healthy
Financially stronger than 36% of micro companies in chemicals (NACE 20)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 356 companies (NACE 20, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
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: 0.3%▼ -0.4 percentage points vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025lowest value
06-2025: 0.4%▲ +0.1 percentage points vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.5%● unchanged vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.6%▲ +0.1 percentage points vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.8%▲ +0.2 percentage points vs 06-2026
08-2026: 0.9%▲ +0.1 percentage points vs 07-2026
09-2026: 1.0%▲ +0.1 percentage points vs 08-2026
10-2026: 1.0%● unchanged vs 09-2026highest value
11-2026: 1.0%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Loss of €190,948 (financial year 2025)
Founded in 2019
lowers risk
Figures for financial year 2025 (filed on 26-06-2026)
Equity €646,513 (62.0% of total assets)
Calculation
The band follows from the bankruptcy probability. 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 20, micro). It does better than 70% of them on solvency, 41% on liquidity, 11% on profitability and 23% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,591 companies had the same profile as Vep Engineered Plastics has now. Each dot stands for 9 companies, two years later.
87.3%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Vep Engineered Plastics itself: 1.0% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 3,591 companies, not a prediction for Vep Engineered Plastics. 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.
Credit verdict
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.04 (2.53 in 2024), above the usual 1.5. Short-term debt is 33.1% and cash 5.5% of total assets. 38% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 26-06-2026, 35 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
35 days early
2024
34 days early
2023
28 days early
2022
20 days early
2021
26 days late
2020
88 days late
2019
55 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 7 days after the deadline. In the sector (NACE 20), the median for financial year 2024 was 22 days before the deadline, and 26% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Company renamed from Vigotec Engineered Plastics to Vep Engineered Plastics
General meeting of 20-10-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0719565497
1 director appointed, 1 resignation
Resignation: RIAN INVESTMENTS NV · Permanent representative: Rick De Visscher · Appointment: Kim De Visscher · General meeting of 28-06-2024 · Gazette deed
Registered office moved to Puurs-Sint-Amands
New registered office: Schoonmansveld 52, 2870 Puurs-Sint-Amands · Resignations: DE VISSCHER Rick Jean Paula (director) and VANSYNGHEL Tim Alfons Lina (director) · Appointments: RIAN INVESTMENTS (director) and MERICULUS (director) · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Vep Engineered Plastics Puurs-Sint-Amands | €1.0m | €301,177 | 62.0% | 4.9 |
| J&T Aalst | €1.0m | €291,582 | 38.3% | 5.8 |
| isocraft Rumst | €0.5m | €343,180 | 13.1% | 5.2 |
| MINIGRIP DEVELOPMENT Enghien | €1.1m | €374,175 | 93.9% | 3 |
| AVROXA Ghent | €1.8m | €170,832 | 48.4% | 1 |
| BENVIC Brussels | €0.3m | €438,925 | 55.1% | 2 |
| ANAF COMPOUNDING SOLUTIONS Dentergem | €0.8m | €436,902 | 65.6% | 1.8 |
These companies have the same main activity as Vep Engineered Plastics: manufacture of chemicals and chemical products (NACE 20160). They are comparable in size and age: total assets between €321,000 and €1.8m, founded between 2012 and 2019.
Official details
Source: KBO- Status
- Active since 30-01-2019Normal situation
- Activity
- Manufacture of chemicals and chemical productsNACE 20160and 5 others
- Joint committees
- 207White-collar workers in the chemical industry
- 116Chemical industry · annual accounts 2025
- Establishment unit
- 2.286.726.0052870 Puurs-Sint-Amands, since 30-01-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 29-12-2025
Annual accounts 2025
- ≈ €710,000estimated
- €1.0m▼ 14.4%
- Employeeson 31-12-2025
- 5=
- Filing
- Filed on 26-06-2026, 35 days before the end of the filing period
Insights on Vep Engineered Plastics
Vep Engineered Plastics files the abbreviated format. That format states no turnover. The gross margin fell from €310,143 in 2019 to €301,177 in 2025.
In March 2023, the Official Gazette published the appointment of Mericulus as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Vep Engineered Plastics
- What is the company number of Vep Engineered Plastics?
- The company number of Vep Engineered Plastics is 0719.565.497. The VAT number is the same number with BE in front: BE 0719.565.497.
- Where is Vep Engineered Plastics based?
- The registered office is at Schoonmansveld 52, 2870 Puurs-Sint-Amands.Company details
- What does Vep Engineered Plastics do?
- According to the KBO register, the main activity is manufacture of chemicals and chemical products (NACE 20160).
- What is the legal form of Vep Engineered Plastics?
- Vep Engineered Plastics is a private limited company (BV).
- When was Vep Engineered Plastics founded?
- Vep Engineered Plastics was founded on 30-01-2019.
- Is Vep Engineered Plastics still active?
- Yes, Vep Engineered Plastics is an active enterprise in the KBO register.
- How many employees does Vep Engineered Plastics have?
- Vep Engineered Plastics had an average of 4.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Vep Engineered Plastics fall under?
- In its 2025 annual accounts, Vep Engineered Plastics states joint committees 207 (White-collar workers in the chemical industry) and 116 (Chemical industry).
- What is the turnover of Vep Engineered Plastics?
- The turnover in financial year 2025 is ≈ €710,000. This figure is estimated from the gross margin of €301,177 and 2,275 comparable companies of the same size. It probably lies between €430,000 and €1.2m. It is a rough estimate.
- Is Vep Engineered Plastics profitable?
- In financial year 2025, Vep Engineered Plastics made a loss of €190,948.
- Where can I find the annual accounts of Vep Engineered Plastics?
- Vep Engineered Plastics filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Vep Engineered Plastics due?
- Vep Engineered Plastics must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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