Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 10.1 to 7.6.
Financials
Financial year 2025
VETO from Mechelen, company number BE0479655397, closed financial year 2025 with a result of € 17,921 after tax. For that financial year VETO recorded a gross margin of € 469,690 and equity of € 85,196. Compared with financial year 2024, the result moved from € 33,716 to € 17,921. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 27, 2026.
€ 85,196
▲ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,921
▼ 47% vs 2024
Profit after tax over the fiscal year.
€ 136,572
▲ 23% 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 € 66,596.
People and assets in 2025
7.6
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 349,439
▲ 8% vs 2024
€ 46,000 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.
€ 580
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 439,533
▼ 18% vs 2024
€ 80,907 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 40,648
▲ € 31,112 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 63,154
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 414,177 | € 480,411 | € 460,000 | € 469,690 | ▲ 2% |
| Profit after taxes | € -40,933 | € 1,377 | € 33,716 | € 17,921 | ▼ 47% |
| Equity | € 32,183 | € 33,560 | € 67,276 | € 85,196 | ▲ 27% |
| Total debts | € 842,837 | € 729,414 | € 650,091 | € 581,163 | ▼ 11% |
| Cash | € 125,142 | € 85,712 | € 110,842 | € 136,572 | ▲ 23% |
| Land & buildings | € 429,000 | € 396,000 | € 363,000 | € 330,000 | ▼ 9% |
| Retained profit | € 13,583 | € 14,960 | € 48,676 | € 66,596 | ▲ 37% |
| Bank debt | € 661,717 | € 589,088 | € 535,487 | € 439,533 | ▼ 18% |
| Balance sheet total | € 875,020 | € 762,974 | € 717,367 | € 666,360 | ▼ 7% |
| Employees (FTE) | 11.7 | 10.1 | 8.5 | 7.6 | ▼ 0.9 |
Key figures of VETO, 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 VETO?
What happened at VETO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,921 (▼ 47% vs 2024). Source: NBB ↗
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 40,933 loss in 2022 to € 17,921 profit in 2025.
Paid € 16,086 in corporate taxes since 2022.
Best year ever: 2024, with € 33,716 profit.
On average € 61,800 of value added per employee in 2025.
A new publication or filing at VETO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Patrick Van der Waals
Director
Establishments
Establishment units
Physical locations of this company
Grote Markt 34
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0479.655.397
- VAT number
- BE 0479.655.397
- Registered office
- Grote Markt 34, 2800 Mechelen
- Names & denominations
- VETO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 2003
- Peppol
- Active · Active since 19 Feb 2025
- Activities · NACE
Restaurants van het traditionele type
Activiteiten van eetgelegenheden met volledige bediening
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Fastfoodzaken, snackbars, frituren en dergelijke
Eetgelegenheden met volledige bediening
Eetgelegenheden met beperkte bediening
Catering van evenementen
Uitzendkoks en verzorgen van feesten en recepties