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 54 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
VECOBO from Kapellen, company number BE0444362443, closed financial year 2025 with a result of € 9,253 after tax. For that financial year VECOBO recorded a gross margin of € 65,142 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 2,668 to € 9,253. Profitable, and profit is growing. 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 January 30, 2026.
€ 1.2 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,253
▲ 247% vs 2024
Profit after tax over the fiscal year.
€ 77,186
▲ 65% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 966,284.
People and assets in 2025
€ 38,733
▼ 23% 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.
€ 4,052
▲ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,472
▲ 216% 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 | € 22,526 | € 43,961 | € 54,638 | € 65,142 | ▲ 19% |
| Profit after taxes | € -15,580 | € 9,587 | € 2,668 | € 9,253 | ▲ 247% |
| Equity | € 1,224,529 | € 1,234,116 | € 1,235,912 | € 1,245,165 | ▲ 1% |
| Total debts | € 191,983 | € 178,510 | € 154,499 | € 143,937 | ▼ 7% |
| Cash | € 1,041,744 | € 73,279 | € 46,903 | € 77,186 | ▲ 65% |
| Land & buildings | € 67,514 | € 1,017,148 | € 972,364 | € 952,148 | ▼ 2% |
| Retained profit | € 945,648 | € 955,236 | € 957,032 | € 966,284 | ▲ 1% |
| Balance sheet total | € 1,416,512 | € 1,412,626 | € 1,390,411 | € 1,389,101 |
Key figures of VECOBO, 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 VECOBO?
What happened at VECOBO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Veronique Cohen stepped down as director. NBB
- Francis Cohen stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 9,253 (▲ 247% vs 2024). Source: NBB ↗
- Veronique Cohen became a director. NBB
- Francis Cohen became a director. NBB
- New establishment in Kapellen. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,580 loss in 2022 to € 9,253 profit in 2025.
Paid € 18,686 in corporate taxes since 2022.
Best year ever: 2023, with € 9,587 profit.
Management
Directors
According to the 2025 annual accounts
Veronique Cohen
Director
since 2020 · until 2026
Francis Cohen
Managing director
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Houtsniplei 25
2950 Kapellen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0444.362.443
- VAT number
- BE 0444.362.443
- Registered office
- Houtsniplei 25, 2950 Kapellen
- Names & denominations
- VECOBO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 June 1991
- Peppol
- Not registered