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VEECAR

Active
Public limited companyfounded 199332 yrs activeGauwelstraat(H) 40, 8551 Zwevegem, BelgiumKBO/BCE: BE 0451.907.657
Summary

VEECAR has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €267,326 and a net result of €6,892. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 59% of 1861 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Pig breeding farms
NACE 01461NACE 01231
#6 oldest company in Zwevegem, Agriculture, forestry and fishing sector1 site
Size
€547,671total assets 2025
Equity
€267,326
Profit
€6,892
Turnover not published (abridged schema)
Financial health
92 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Accounts filed 26 d late0 of 4 deeds read
Why 92- Liquidity: current ratio 0.06, cash €1,515+ Size: total assets €547,671+ Founded in 1993+ Figures for FY 2025 (filed 26-08-2026)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Better than 45% of its sector peers (NACE 01, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency 74+2
equity 48.8% of total assets
Liquidity 30=
short-term debt 42.7% · cash 0.3%
Profitability 70=
return on assets 1.3%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (5,649 companies)
Last 12 months 11-2025: 0.1% 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%● 0.0% vs 01-2026 03-2026: 0.1%▲ +4.4% vs 02-2026 04-2026: 0.1%▲ +7.6% vs 03-2026 05-2026: 0.1%▲ +3.1% vs 04-2026 06-2026: 0.1%▼ -6.1% vs 05-2026 07-2026: 0.1%▲ +15.3% vs 06-2026 08-2026: 0.4%▲ +160% vs 07-2026highest value 09-2026: 0.1%▼ -71.5% vs 08-2026lowest value 10-2026: 0.1%● 0.0% vs 09-2026lowest value
  • Liquidity: current ratio 0.06, cash €1,515 raises the probability
  • Size: total assets €547,671 lowers the probability for this profile
  • Founded in 1993 lowers the probability for this profile
  • Figures for FY 2025 (filed 26-08-2026) lowers the probability
Credit up to €24,000 at 30 days acceptable
Liquidity short (current ratio 0.06 against 0.08 in 2024; short-term debt: 42.7% and cash: 0.3% of total assets), and 51.2% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 01, micro). Better than this share of them on solvency 62%, liquidity 24%, profitability 47%, growth against the median 45%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.06, cash €1,515
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: total assets €547,671
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 1993
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Figures for FY 2025 (filed 26-08-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
26 d late
2024
10 d late
2023
22 d late
2022
19 d late
2021
31 d late
2020
24 d late
2019
75 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 30 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed 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 23 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Positive: Oldest company in Zwevegem, Agriculture, forestry and fishing…in the Checked rankings #6 View
  • Positive: 8 profitable years in a rowprofit 2025: €6,892 8 years View
  • Active since 1993founded 30-12-1993 32 years View

By topic

Financials

Fiscal year
2025
Total assets
€547,671
Profit
€6,892
Solvency
48.8%
Total assets▼ 0.8%
Net result
20182025
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-07-2027
  1. 26-08-2026Annual accounts filed
  2. 10-08-2025Annual accounts filed
  3. 22-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Pig breeding farmsNACE 01461
Founded
30-12-1993
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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