Skip to content

VETAK

Active
Private limited companyfounded 199035 yrs activeRue des Victimes(B) 9, 7730 Estaimpuis, BelgiumKBO/BCE: BE 0442.377.606

VETAK has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €266k and a net result of €-20k. Equity is shrinking by ~8% per year across the filed fiscal years. Its solvency ranks better than 21% of 111 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
45 / 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability23▼-4
Solvency39▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity short (current ratio 0.29 against 0.28 in 2024; short-term debt: 85.9% and cash: 0.2% of total assets), and 85.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight 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 20
Relative position
BE, all sectors
reference
Sector 20
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 35 years 0 40 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year €-20k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 111 sector peers (2025).
NBB · sector comparison
Position among 111 sector peers
Solvency
better than 21%
← weakest strongest →
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
22 d early
2024
6 d early
2023
12 d early
2022
11 d early
2021
26 d late
2020
12 d early
2019
29 d early
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
19-09-2026 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

Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-20k▼ 968%
2024 · €-2k
2018: €61k 2019: €-11k 2020: €-63k 2021: €-100k 2022: €-2k 2023: €43k 2024: €-2k
2018 → 2025
Working capital
€-1.15M▼ 1.8%
2024 · €-1.13M
2018: €-891k 2019: €-906k 2020: €-1.07M 2021: €-1.17M 2022: €-1.17M 2023: €-1.12M 2024: €-1.13M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€246k-€244k▼ 0.6%€288k▲ 17.6%€286k▼ 0.7%€266k▼ 7.0%
Operating result€-35k-€60k€103k▲ 72.3%€57k▼ 44.0%€41k▼ 29.1%
Net result€-100k-€-2k▲ 98.5%€43k€-2k€-20k▼ 968%
Result per fiscal year
Operating resultNet result
€-200k€-100k€0€100kOperating result 2021: €-35k€-35kNet result 2021: €-100k€-100kOperating result 2022: €60k€60kNet result 2022: €-2k€-2kOperating result 2023: €103k€103kNet result 2023: €43k€43kOperating result 2024: €57k€57kNet result 2024: €-2k€-2kOperating result 2025: €41k€41kNet result 2025: €-20k€-20k20212022202320242025
The operating result has fallen two years in a row; 2025 is 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.89M
Fixed assets €1.41M=
Current assets €477k▲ 11.3%
Equity and liabilities €1.89M
Equity €266k▼ 7.0%
Debt €1.62M▲ 4.4%
The debt ratio rises from 84.5% to 85.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€41k
2024 · €58k
Cash flow
€-20k
2024 · €-2k
Solvency
14.1%
2024 · 15.5%
Current ratio
0.29
2024 · 0.28
Quick ratio
0.29
2024 · 0.28
Debt / equity
6.11
2024 · 5.44
ROE
-7.6%
2024 · -0.7%
ROA
-1.1%
2024 · -0.1%
Interest coverage
0.67
2024 · 0.97
Debt
€1.62M
2024 · €1.55M
Debt ≤ 1 year
€1.62M
2024 · €1.55M
Income taxes
€193
2024 · €128
Staff costs
€1k
2024 · €2k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€1.84M€1.89M
Fixed assets21/28€1.41M€1.41M=
Tangible fixed assets22/27€296€155
Furniture and vehicles24€296€155
Financial fixed assets28€1.41M€1.41M=
Current assets29/58€429k€477k
Amounts receivable within one year40/41€425k€473k
Trade receivables40€85k€133k
Other amounts receivable41€340k€340k=
Cash at bank and in hand54/58€4k€3k
Deferred charges and accrued income490/1-€702
Equity and liabilities
Total equity and liabilities10/49€1.84M€1.89M
Equity10/15€286k€266k
Contributions10/11€6k€6k=
Reserves13€289k€289k=
Distributable reserves133€289k€289k=
Profit (loss) carried forward14€-10k€-30k
Amounts payable17/49€1.55M€1.62M
Amounts payable within one year42/48€1.55M€1.62M
Trade debts44€5k€13k
Suppliers440/4€5k€13k
Taxes, remuneration and social security45€6k€6k
Taxes450/3€6k€6k
Other amounts payable47/48€1.54M€1.60M
Income statement Code20242025
Remuneration, social security and pensions62€2k€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€360€142
Other operating charges640/8€1k€1k
Gross operating margin9900€60k€44k
Operating profit (loss)9901€57k€41k
Financial income75/76B€145€80
Recurring financial income75€145€80
Financial charges65/66B€59k€61k
Recurring financial charges65€59k€61k
Profit (loss) for the period before taxes9903€-2k€-20k
Income taxes67/77€128€193
Profit (loss) for the period9904€-2k€-20k
Profit (loss) for the period to be appropriated9905€-2k€-20k
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-30k
Profit (loss) brought forward from the previous period14P€-8k€-10k
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
19-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Back to profitnet €43k
Net result €43k after 4 loss-making years.
20-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
26-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 26 days late
2021
31-12
Financial Weakest financial yearnet €-100k
Net result drops to €-100k, the lowest in the series; recovery starts the following year.
19-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
02-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
03-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
04-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Estaimpuis · 1 establishment unit since 1990
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.

Rue des Victimes(B) 97730 Estaimpuis
Ground area
4,861 m²
Building footprint
424 m²
Volume, LiDAR
2,659 m³
Parcel 57004B0029/00G000, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Victimes(B) 9, 7730 Estaimpuis
NACE 70201
since 19902.050.836.356
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
57004B0029/00G000 Wallonia 4,861 m² 1 · 424 m² 8.7 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

Of 42 companies in sector 20110 we hold annual accounts for 31. 15 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded28-11-1990
Fiscal year end31-12
Activities, NACEBEL
20110Manufacture of chemicals and chemical products
20300Manufacture of chemicals and chemical products
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.