Financials
- Financial year
- 2025
- Turnover
- €215,402
- Profit
- €406,505
- Solvency
- 64.9%
Turnover▲ 27.1%
Net result
20182025
VEFIBEL
ActiveSummary
VEFIBEL has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.4m and a net result of €406,505. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 71% of 5,778 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Development of residential building projects
NACE 68121
3rd largest company by equity in Comines-Warneton, Real estate sector1 site
Size
€964,066operating revenue 2025
- Equity
- €5.4m
- Profit
- €406,505
Structure
- Parent
- DEBINCO · 100%
- Holdings
- 1
- Opus+ SAChair · permanent representative Philip De Bruyn
- Debruco SRLManaging director · permanent representative Louis De Bruyn
- Sternidae SRLManaging director · permanent representative Maxime Busschaert
Auditor: CALLENS VANDELANOTTE2025 accounts 88 days early2 of 16 deeds summarised
Why 96raises riskLiquidity: current ratio 0.33, cash €95,627, halvedlowers riskSize: turnover €215,402, total assets €8.2mFounded in 1988Figures for financial year 2025 (filed 05-05-2026)Show the evidence
Checked score
Score 2025
96
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 71% of its sector peers (NACE 68, small)
Financial strength · tick = 2024
Strong
Solvency
90+10
equity 64.9% of total assets
Liquidity
42-3
short-term debt 25.2% · cash 1.2%
Profitability
82-1
return on assets 4.9%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025highest value
06-2025: < 0.1%▼ -0.1 percentage points vs 05-2025lowest value
07-2025: < 0.1%● unchanged vs 06-2025lowest value
08-2025: < 0.1%● unchanged vs 07-2025lowest value
09-2025: < 0.1%● unchanged vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025lowest value
11-2025: < 0.1%● unchanged vs 10-2025lowest value
12-2025: < 0.1%● unchanged vs 11-2025lowest value
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: 0.1%▲ +0.1 percentage points vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.33, compared with 0.52 in 2024, below 1; short-term debt: 25.2% and cash: 1.2% of total assets), and 35.1% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 68, small): better than 78% on solvency, 37% on liquidity, 92% on profitability and 76% on growth.
The bankruptcy probability was computed on 29-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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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 04-05-2026, 88 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
88 days early
2024
76 days early
2023
49 days early
2022
88 days early
2021
69 days early
2020
95 days early
2019
102 days early
← 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 81 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% 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 16 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Equity above €5mequity €5.4m ▲8.2%
- Annual accounts filedfinancial year 2024 · full…
Key points
- Positive: 3rd largest company by equity in Comines-Warneton, Real estate sectorin the Checked rankings No. 3 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Positive: 8 profitable years in a rowprofit 2025: €406,505 8 years View
- Controlled by DEBINCOthe company in turn controls 1 companies 100% View
By topic
Board & ownership
- Board
- 3 members
- Parent
- DEBINCO · 100%
- Auditor
- CALLENS VANDELANOTTE
- Opus+ SAChair
- Debruco SRLManaging director
- Sternidae SRLManaging director
Network & group
- Subsidiaries
- 1
1 subsidiary
Timeline
- Events
- 43
- Since
- 1989
- Next accounts
- by 31-07-2027
- 12-06-2024Annual accounts filed
- 14-05-2024Reappointment: Callens Vandelanotte (commissaire reviseur)
- 08-06-2023Reappointments: Opus+ SA, Sternidae SRL and Debruco…
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Development of residential building projectsNACE 68121
- Founded
- 28-03-1988
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about VEFIBEL
- What is the company number of VEFIBEL?
- 0433.852.492. In Belgium the VAT number is the company number with BE in front: BE 0433.852.492.
- Where is VEFIBEL based?
- The registered office is at Touquetstraat(Biz) 228, 7783 Comines-Warneton.Company details
- What does VEFIBEL do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of VEFIBEL?
- Public limited company (NV).
- When was VEFIBEL founded?
- On 28-03-1988.
- Is VEFIBEL still active?
- Yes, VEFIBEL is an active enterprise in the KBO register.
- How many employees does VEFIBEL have?
- On average 0.4 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of VEFIBEL?
- €215,402 in financial year 2025, according to the filed annual accounts.
- Is VEFIBEL profitable?
- In financial year 2025, VEFIBEL made a profit of €406,505.
- Where can I find the annual accounts of VEFIBEL?
- VEFIBEL filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VEFIBEL due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to VEFIBEL
Parent and group
- DEBINCO100%
Comparable companies
- BBR 36Sint-Gillis (bij-Brussel)
- HERPAIN URBISUkkel
- AtaraxioVorselaar
- GOETHALS PROMOTORWaasmunster
- Duin Immo en BeheerKnokke-Heist
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