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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
VECATEX from Waregem, company number BE0439634682, closed financial year 2025 with a result of € -7,461 after tax. For that financial year VECATEX recorded a gross margin of € 20,464 and equity of € 655,865. Compared with financial year 2024, the result moved from € -108,055 to € -7,461. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 16, 2026.
€ 655,865
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,461
▲ 93 % less loss than in 2024
Profit after tax over the fiscal year.
€ 203,454
▼ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 477,164.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 57,641
▲ € 54,902 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 477
▼ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,668
▲ 60% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 469,821 | € 229,287 | € 52,170 | € 20,464 | ▼ 61% |
| Profit after taxes | € 65,901 | € -1,732 | € -108,055 | € -7,461 | ▲ € 100,595 |
| Equity | € 773,113 | € 771,381 | € 663,326 | € 655,865 | ▼ 1% |
| Total debts | € 776,088 | € 508,525 | € 558,289 | € 410,372 | ▼ 26% |
| Cash | € 666,008 | € 303,483 | € 301,445 | € 203,454 | ▼ 33% |
| Land & buildings | € 472,824 | € 442,226 | € 409,280 | € 376,333 | ▼ 8% |
| Retained profit | € 594,412 | € 592,680 | € 484,624 | € 477,164 | ▼ 2% |
| Dividend | € 38,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 113,803 | € 59,854 | € 4,657 | € 0 | ▼ 100% |
| Balance sheet total | € 1,549,201 | € 1,279,907 | € 1,221,615 | € 1,066,238 | ▼ 13% |
| Employees (FTE) | 6.5 | 3.1 | 0 | 0 |
Key figures of VECATEX, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to VECATEX?
What happened at VECATEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Inge Vergote stepped down as director. NBB
- I & S Consult stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 7,461. Source: NBB ↗
- Inge Vergote became a director. NBB
- I & S Consult became a director. NBB
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 65,901 profit in 2022 to € 7,461 loss in 2025.
Paid € 10,070 in corporate taxes since 2022.
Best year ever: 2022, with € 65,901 profit.
On average € 74,000 of value added per employee in 2023.
Management
The stake of I & S Consult comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VECATEXThe shares are held by I & S Consult (26.6%).
Directors
According to the 2025 annual accounts
Managing director · represented by Stephan Verschuere
since 2020 · until 2026
since 2023 · until 2026
Shareholders
26.6%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Steenovenstraat 40
8790 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.634.682
- VAT number
- BE 0439.634.682
- Registered office
- Steenovenstraat 40, 8790 Waregem
- Names & denominations
- VECATEX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 1989
- Peppol
- Active · Active since 20 Jan 2026
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Holdings
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen