VENCO
ActiveSummary
VENCO has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.49M and a net result of €235k. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 85% of 8663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
94
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-17
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230k at 30 days acceptable
Liquidity ample (current ratio 12.96 against 26.64 in 2024; short-term debt: 6.7% and cash: 53.5% of total assets), and 11% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
89%
Return on assets
8.4%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 21-04-2026, 40 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
40 d early
2024
134 d early
2023
44 d early
2022
47 d early
2021
25 d early
2020
98 d early
2019
109 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-10-2026 and is due by 31-05-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-10-2026 close31-05-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€0
Total assets
€2.80M▼ 3.1%
2024 · €2.89M
2018: €1.17M
2019: €1.39M
2020: €1.53M
2021: €1.92M
2022: €2.17M
2023: €2.46M
2024: €2.89M
2018 → 2025
Net result
€235k▼ 62.3%
2024 · €622k
2018: €247k
2019: €262k
2020: €159k
2021: €377k
2022: €259k
2023: €278k
2024: €622k
2018 → 2025
Working capital
€2.24M▼ 6.3%
2024 · €2.39M
2018: €592k
2019: €875k
2020: €1.06M
2021: €1.46M
2022: €1.74M
2023: €1.97M
2024: €2.39M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.76M-€2.02M▲ 14.7%€2.29M▲ 13.8%€2.68M▲ 16.8%€2.49M▼ 7.0%
Operating result€549k-€374k▼ 31.8%€388k▲ 3.6%€844k▲ 118%€282k▼ 66.6%
Net result€377k-€259k▼ 31.4%€278k▲ 7.4%€622k▲ 124%€235k▼ 62.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 67% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.80M
Fixed assets
€369k ▼ 8.1%
Current assets
€2.43M ▼ 2.2%
Equity and liabilities €2.80M
Equity
€2.49M ▼ 7.0%
Provisions
€114k =
Debt
€193k ▲ 104%
Debt's share of the balance-sheet total rises from 3.3% to 6.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€315k▼
2024 · €877k
Cash flow
€267k▼
2024 · €655k
Current ratio
12.96▼
2024 · 26.64
Debt to equity
0.08▲
2024 · 0.04
ROE
9.4%▼
2024 · 23.2%
ROA
8.4%▼
2024 · 21.6%
Interest coverage
369.18▼
2024 · 1254.27
Debt ≤ 1 year
€187k▲
2024 · €93k
Income taxes
€102k▼
2024 · €287k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.89M€2.80M▼
Fixed assets21/28€402k€369k▼
Tangible fixed assets22/27€402k€369k▼
Land and buildings22€354k€335k▼
Furniture and vehicles24€47k€34k▼
Current assets29/58€2.48M€2.43M▼
Amounts receivable within one year40/41€65k€70k▲
Trade receivables40€1k€0▼
Other amounts receivable41€64k€70k▲
Current investments50/53-€850k
Cash at bank and in hand54/58€2.42M€1.50M▼
Deferred charges and accrued income490/1€3k€11k▲
Equity and liabilities
Total equity and liabilities10/49€2.89M€2.80M▼
Equity10/15€2.68M€2.49M▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€2.62M€2.43M▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€2.61M€2.42M▼
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€114k€114k=
Provisions for liabilities and charges160/5€114k€114k=
Pensions and similar obligations160€114k€114k=
Amounts payable17/49€95k€193k▲
Amounts payable within one year42/48€93k€187k▲
Trade debts44€27k€2k▼
Suppliers440/4€27k€2k▼
Taxes, remuneration and social security45€66k€27k▼
Taxes450/3€66k€27k▼
Remuneration and social security454/9€0-
Other amounts payable47/48-€159k
Accrued charges and deferred income492/3€1k€6k▲
Income statement
Code20242025
Non-recurring operating income76A-€5k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€33k=
Other operating charges640/8€6k€6k▼
Gross operating margin9900€883k€321k▼
Operating profit (loss)9901€844k€282k▼
Financial income75/76B€66k€55k▼
Recurring financial income75€66k€55k▼
Financial charges65/66B€699€853▲
Recurring financial charges65€699€853▲
Profit (loss) for the period before taxes9903€910k€337k▼
Income taxes67/77€287k€102k▼
Profit (loss) for the period9904€622k€235k▼
Profit (loss) for the period to be appropriated9905€622k€235k▼
Appropriation of the result
Profit (loss) to be appropriated9906€622k€235k▼
Transfer from equity791/2€238k€421k▲
Transfer to equity691/2€622k€235k▼
To other reserves6921€622k€235k▼
Profit to be distributed694/7€238k€421k▲
Return on contributions (dividend)694€238k€421k▲
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-09
State Gazette act
General meeting · Director reappointment
Permanent representative · Declaration
21-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
01-08
State Gazette act
General meeting · Director reappointment
Permanent representative · Board meeting
27-02
State Gazette act
Merger · Accounting effect
Corporate purpose
17-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-10
Financial
Highest result since 2018net €622k ▲124%
Operating result €844k, net result €622k, both a record.
17-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
24-02
State Gazette act
General meeting · Director appointment
Permanent representative · Director reappointment
2022
31-10
Financial
Equity above €2MEq €2.02M ▲14.7%
5 profitable years in a row build equity to €2.02M.
06-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
29-04
State Gazette act
Merger · Corporate purpose
Permanent representative · Share issue
Show earlier events
2021
12-08
State Gazette act
General meeting · Board meeting
Director reappointment · Permanent representative
22-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-10
Financial
Weakest financial yearnet €159k ▼39.4%
Net result drops to €159k, the lowest in the series; recovery starts the following year.
12-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-12
State Gazette act
General meeting · Director resignation
Permanent representative · Director reappointment
19-12
State Gazette act
General meeting · Director resignation
Permanent representative · Director reappointment
31-10
Financial
Equity above €1MEq €1.22M ▲23.8%
2 profitable years in a row build equity to €1.22M.
04-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-10
State Gazette act
General meeting · Director appointment
Permanent representative
15-03
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
27-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-10
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
02-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
14-09
State Gazette act
General meeting · Director reappointment
Permanent representative · Board meeting
2010
26-07
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Wevelgem · 1 establishment unit since 1995
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.
Groenestraat 578560 WevelgemGround area
5,286 m²
Building footprint
373 m²
Volume, LiDAR
2,929 m³
Parcel 34041C0284/00G000, Flanders · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VENCO
since 19952.071.863.184
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34041C0284/00G000 | Flanders | 5,286 m² | 1 · 373 m² | 10.4 m · 3 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.
Structure & network
Ownership & control
3 board mandatesBoard mandates of this companythis company sits on their board3
Recognitions · licences · registrations
Legal Entity Identifier
2549004ARLOOSKPG6375
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 17,709 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded02-06-1993
Fiscal year end31-10
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.