VREDA
ActiveVREDA has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €200k and a net result of €276k. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 27% of 990 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
73
/ 100
Healthy▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency42▼-6
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity tight (current ratio 1.1 against 1.17 in 2023), and 73.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
30 d early
2022
32 d early
2021
34 d early
2020
32 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€200k▲ 0.3%
2023 · €199k
2018: €138k
2019: €139k
2020: €146k
2021: €158k
2022: €174k
2023: €199k
2018 → 2024
Total assets
€761k▲ 9.7%
2023 · €694k
2018: €726k
2019: €783k
2020: €785k
2021: €673k
2022: €746k
2023: €694k
2018 → 2024
Net result
€276k▼ 8.1%
2023 · €300k
2018: €96k
2019: €161k
2020: €157k
2021: €287k
2022: €291k
2023: €300k
2018 → 2024
Working capital
€53k▼ 30.5%
2023 · €76k
2018: €27k
2019: €31k
2020: €37k
2021: €64k
2022: €42k
2023: €76k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€146k-€158k▲ 8.2%€174k▲ 10.2%€199k▲ 14.2%€200k▲ 0.3%
Operating result€159k-€291k▲ 83.4%€288k▼ 1.2%€306k▲ 6.4%€276k▼ 9.9%
Net result€157k-€287k▲ 82.4%€291k▲ 1.5%€300k▲ 3.0%€276k▼ 8.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 10% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €761k
Fixed assets
€179k▲ 4.5%
Current assets
€582k▲ 11.4%
Equity and liabilities €761k
Equity
€200k▲ 0.3%
Debt
€562k▲ 13.4%
The debt ratio rises from 71.3% to 73.8%: debt grows faster than equity.
Key figures and ratios
EBITDA
€305k▼
2023 · €333k
Cash flow
€305k▼
2023 · €326k
Solvency
26.2%▼
2023 · 28.7%
Current ratio
1.10▼
2023 · 1.17
Quick ratio
0.83▼
2023 · 0.99
Debt / equity
2.81▲
2023 · 2.49
ROE
138.1%▼
2023 · 150.6%
ROA
36.2%▼
2023 · 43.2%
Interest coverage
71.76▼
2023 · 73.68
Debt
€562k▲
2023 · €495k
Debt ≤ 1 year
€529k▲
2023 · €446k
Debt > 1 year
€33k▼
2023 · €49k
Income taxes
€1k▼
2023 · €6k
Staff costs
€102k▲
2023 · €97k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€694k€761k▲
Fixed assets21/28€172k€179k▲
Intangible fixed assets21€15k€7k▼
Tangible fixed assets22/27€156k€172k▲
Land and buildings22€138k€126k▼
Plant, machinery and equipment23€17k€15k▼
Furniture and vehicles24€1k€31k▲
Current assets29/58€523k€582k▲
Stocks and contracts in progress3€82k€143k▲
Stocks30/36€82k€143k▲
Amounts receivable within one year40/41€312k€348k▲
Trade receivables40€128k€115k▼
Other amounts receivable41€184k€233k▲
Cash at bank and in hand54/58€129k€90k▼
Deferred charges and accrued income490/1-€843
Equity and liabilities
Total equity and liabilities10/49€694k€761k▲
Equity10/15€199k€200k▲
Contributions10/11€19k€19k=
Reserves13€107k€107k=
Distributable reserves133€107k€107k=
Profit (loss) carried forward14€73k€74k▲
Amounts payable17/49€495k€562k▲
Amounts payable after more than one year17€49k€33k▼
Financial debts170/4€49k€33k▼
Amounts payable within one year42/48€446k€529k▲
Current portion of amounts payable after more than one year42€15k€16k▲
Trade debts44€140k€216k▲
Suppliers440/4€140k€216k▲
Taxes, remuneration and social security45€16k€22k▲
Taxes450/3-€2k
Remuneration and social security454/9€16k€19k▲
Other amounts payable47/48€275k€275k=
Income statement
Code20232024
Non-recurring operating income76A€23k€8k▼
Remuneration, social security and pensions62€97k€102k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€29k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-10k-
Other operating charges640/8€15k€5k▼
Non-recurring operating charges66A€1k-
Gross operating margin9900€436k€412k▼
Operating profit (loss)9901€306k€276k▼
Financial income75/76B€4k€6k▲
Recurring financial income75€4k€6k▲
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€306k€277k▼
Income taxes67/77€6k€1k▼
Profit (loss) for the period9904€300k€276k▼
Profit (loss) for the period to be appropriated9905€300k€276k▼
Appropriation of the result
Profit (loss) to be appropriated9906€348k€349k▲
Profit (loss) brought forward from the previous period14P€48k€73k▲
Profit to be distributed694/7€275k€275k=
Directors or managers695€275k€275k=
Social balance
Average headcount (FTE)90871.81.8=
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €300k ▲3%
Operating result €306k, net result €300k, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €150kEq €158k ▲8.2%
4 profitable years in a row build equity to €158k.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lommel · 2 establishment units since 1981
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lodewijk De Raetstraat 463920 LommelGround area
2,509 m²
Building footprint
921 m²
Volume, LiDAR
4,995 m³
Parcel 72020C1399/00T003, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Lodewijk De Raetstraat 46, 3920 Lommel
since 19812.109.440.489
Vreda
since 20192.301.047.064
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72020C1399/00T003 | Flanders | 2,509 m² | 1 · 921 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MECELEC
BE 0720.841.048
Antwerpen · Eq €199k
Lepmos Automation
BE 0683.715.584
Antwerpen · Eq €200k
PROGRESS GROUP
BE 0533.902.846
Antwerpen · Eq €198k
DHONDTMECHANICS
BE 0717.657.666
Jabbeke · Eq €197k
DM RECYCLING
BE 0675.654.092
Pepinster · Eq €197k
Of 3,705 companies in sector 33120 we hold annual accounts for 1,335. 1,117 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-07-1981
Fiscal year end31-12
Activities, NACEBEL
33120Repair and maintenance of machinery
95316Washing and cleaning of motor vehicles
50200
25110Manufacture of metal structures and parts of structures
28110
33110Repair and maintenance of fabricated metal products
34201
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.