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VECON

Active
Private limited companyfounded 200323 yrs activeLangendijk(ITE) 44, 2222 Heist-op-den-Berg, BelgiumKBO/BCE: BE 0479.568.493

VECON has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-117k) and a net result of €-53k. Equity is shrinking by ~46.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
44 / 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 24.45 against 40.63 in 2023; short-term debt: 3.8% and cash: 48.2% of total assets), but equity is negative.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-152.3%
Return on assets
-69%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 23 years 0 30 y
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €-117k
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 24-07-2025, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
7 d early
2023
21 d early
2022
28 d early
2021
33 d early
2020
31 d early
2019
38 d late
← before the deadline after the 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

Financials · fiscal year 2024, micro schema

Equity
€-117k▼ 82.8%
2023 · €-64k
2018: €999k 2019: €347k 2020: €277k 2021: €243k 2022: €206k 2023: €-64k
2018 → 2024
Total assets
€77k▼ 40.8%
2023 · €130k
2018: €2.01M 2019: €1.19M 2020: €962k 2021: €863k 2022: €883k 2023: €130k
2018 → 2024
Net result
€-53k
2023 · €394k
2018: €70k 2019: €-651k 2020: €-71k 2021: €-34k 2022: €-37k 2023: €394k
2018 → 2024
Working capital
€69k▼ 39.6%
2023 · €114k
2018: €-190k 2019: €35k 2020: €-61k 2021: €-409k 2022: €-135k 2023: €114k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€277k-€243k▼ 12.2%€206k▼ 15.4%€-64k€-117k▼ 82.8%
Operating result€-79k-€-60k▲ 24.3%€-43k▲ 29.0%€555k€-52k
Net result€-71k-€-34k▲ 52.1%€-37k▼ 10.4%€394k€-53k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-200k€0€200k€400k€600kOperating result 2020: €-79k€-79kNet result 2020: €-71k€-71kOperating result 2021: €-60k€-60kNet result 2021: €-34k€-34kOperating result 2022: €-43k€-43kNet result 2022: €-37k€-37kOperating result 2023: €555k€555kNet result 2023: €394k€394kOperating result 2024: €-52k€-52kNet result 2024: €-53k€-53k20202021202220232024
The operating result turns negative in 2024: a loss of €52k after €555k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €77k
Fixed assets €5k▼ 61.2%
Current assets €72k▼ 38.6%
Key figures and ratios
2024 value · change against 2023
EBITDA
€-52k
2023 · €558k
Cash flow
€-53k
2023 · €397k
Solvency
-152.3%
2023 · -49.3%
Current ratio
24.45
2023 · 40.63
Quick ratio
24.45
2023 · 40.63
Debt / equity
-0.03
2023 · -0.05
ROA
-69.0%
2023 · 303.3%
Interest coverage
-73.30
2023 · 28.53
Debt
€3k
2023 · €3k
Debt ≤ 1 year
€3k
2023 · €3k
Income taxes
€146
2023 · €322
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€130k€77k
Fixed assets21/28€13k€5k
Tangible fixed assets22/27€8k€14
Furniture and vehicles24€8k€14
Financial fixed assets28€5k€5k=
Current assets29/58€117k€72k
Amounts receivable within one year40/41€13k€35k
Trade receivables40€2k€150
Other amounts receivable41€11k€35k
Cash at bank and in hand54/58€104k€37k
Equity and liabilities
Total equity and liabilities10/49€130k€77k
Equity10/15€-64k€-117k
Contributions10/11€1k€1k=
Reserves13€495k€495k=
Tax-exempt reserves132€423k€423k=
Distributable reserves133€72k€72k=
Profit (loss) carried forward14€-560k€-613k
Provisions and deferred taxes16€191k€191k=
Provisions for liabilities and charges160/5€50k€50k=
Pensions and similar obligations160€50k€50k=
Deferred taxes168€141k€141k=
Amounts payable17/49€3k€3k
Amounts payable within one year42/48€3k€3k
Trade debts44€2k€3k
Suppliers440/4€2k€3k
Taxes, remuneration and social security45€1k€282
Taxes450/3€1k€282
Accrued charges and deferred income492/3€41-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€180
Other operating charges640/8€3k€21k
Gross operating margin9900€561k€-31k
Operating profit (loss)9901€555k€-52k
Financial income75/76B€25-
Recurring financial income75€25-
Financial charges65/66B€20k€709
Recurring financial charges65€20k€709
Profit (loss) for the period before taxes9903€535k€-53k
Transfer to deferred taxes680€141k-
Income taxes67/77€322€146
Profit (loss) for the period9904€394k€-53k
Transfer to tax-exempt reserves689€423k-
Profit (loss) for the period to be appropriated9905€-29k€-53k
Appropriation of the result
Profit (loss) to be appropriated9906€-560k€-613k
Profit (loss) brought forward from the previous period14P€-531k€-560k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
24-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
10-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €394k
Net result €394k after 4 loss-making years.
31-12
Financial Liquidity times 54current ratio 40.63
Current ratio from 0.76 to 40.63; short-term debt falls from €552k to €3k.
03-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
07-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 38 days late
2019
31-12
Financial Weakest financial yearnet €-651k ▼1024%
Net result drops to €-651k, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity times 10current ratio 1.12
Current ratio from 0.12 to 1.12.
28-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-03
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
10 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, Heist-op-den-Berg · 1 establishment unit since 2003
establishment The establishment unit on the map
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.

Langendijk(ITE) 442222 Heist-op-den-Berg
Ground area
956 m²
Building footprint
238 m²
Volume, LiDAR
1,412 m³
Parcel 12017B0497/00G000, Flanders · tallest building 15.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Langendijk(ITE) 44, 2222 Heist-op-den-Berg
NACE 7414101
since 20032.126.492.792
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12017B0497/00G000 Flanders 956 m² 1 · 238 m² 15.8 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

Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 39,777 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded17-02-2003
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
E-mail:walterverstraeten@telenet.be
Establishment Heist-op-den-Berg 2.126.492.792
Phone:0496506891
Establishment Heist-op-den-Berg 2.126.492.792