Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VEOS from Wingene, company number BE0414304024, closed financial year 2025 with a result of € 11.8 million after tax. For that financial year VEOS recorded revenue of € 62.2 million and equity of € 25.4 million. Compared with financial year 2024, the result moved from € 12.1 million to € 11.8 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 25.4 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11.8 million
▼ 2% vs 2024
Profit after tax over the fiscal year.
€ 3.7 million
▲ 109% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 9.8 million paid out
83 % of the profit went to the shareholders, mostly to TRENOVO BELGIE (100 % of the shares). That is where the money ends up.
People and assets in 2025
64.1
▲ 2.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.9 million
▲ 5% vs 2024
€ 75,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 397,219
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7.6 million
▼ 24% vs 2024
€ 2.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 4.7 million
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 49 days on average.
€ 1.7 million
▲ 49% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 56,859,486 | € 56,607,251 | € 60,845,668 | € 62,239,759 | ▲ 2% |
| Profit after taxes | € 9,957,647 | € 10,662,860 | € 12,087,309 | € 11,827,538 | ▼ 2% |
| Equity | € 20,289,761 | € 21,289,754 | € 23,382,508 | € 25,382,508 | ▲ 9% |
| Total debts | € 21,166,608 | € 37,045,128 | € 28,956,156 | € 32,027,766 | ▲ 11% |
| Cash | € 4,837,929 | € 3,863,005 | € 1,780,896 | € 3,714,635 | ▲ 109% |
| Land & buildings | € 8,005,593 | € 13,164,775 | € 16,817,309 | € 16,706,218 | ▼ 1% |
| Retained profit | € 19,718,761 | € 20,718,754 | € 22,811,508 | € 24,811,508 | ▲ 9% |
| Dividend | € 5,834,650 | € 9,662,867 | € 9,994,555 | € 9,827,538 | ▼ 2% |
| Bank debt | € 8,653,313 | € 13,551,384 | € 10,054,134 | € 7,649,168 | ▼ 24% |
| Balance sheet total | € 41,805,855 | € 58,334,882 | € 52,338,664 | € 57,410,274 | ▲ 10% |
| Employees (FTE) | 59.1 | 59.6 | 61.9 | 64.1 | ▲ 2.2 |
Key figures of VEOS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to VEOS?
What happened at VEOS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11.8 million (▼ 2% vs 2024). Source: NBB ↗
- WENTER BV stepped down as director. NBB
- IPORA BV stepped down as director. NBB
- WENTER BV became a director. NBB
- IPORA BV became a director. NBB
- New establishment in Wingene. KBO
- Start of the company according to the CBE. KBO
In short
From € 10 million profit in 2022 to € 11.8 million profit in 2025.
Paid € 13.6 million in corporate taxes since 2022.
Best year ever: 2024, with € 12.1 million profit.
Paid out € 35.3 million in dividends to the owners in total.
Management
The stake of TRENOVO BELGIE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VEOSThe shares are held by TRENOVO BELGIE (100%). It owns 0.3% of Slachthuizen en markten van Anderlecht itself.
Directors
According to the 2025 annual accounts
Director · represented by Wim Slee
Also active at: ZEBEMA, PROTRANS ZWEVEZELE, LM ENGINEERING, Natural Plant based Solutions, TRENOVO INTERNATIONAL, TRENOVO BELGIE, FOODIP, Kanaal Noord Bree-Immo
since 2017 · until 2026
Managing director · represented by Robert Slee
Also active at: ZEBEMA, ZWEVEZEELS HOUTBEDRIJF, PROTRANS ZWEVEZELE, Natural Plant based Solutions, TRENOVO INTERNATIONAL, TRENOVO BELGIE, FOODIP, Columbus Holding +1 more
since 2017 · until 2026
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Akkerstraat 4A
8750 Wingene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0414.304.024
- VAT number
- BE 0414.304.024
- Registered office
- Akkerstraat 4A, 8750 Wingene
- Names & denominations
- VEOS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 May 1974
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- veos.be
- Activities · NACE
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