Bankrupt · Opening faillissement (CBE)

VE.ST.O

BE0479665394

Rechtspersoon Private limited company 1 establishment

VE.ST.O is an insurance broker in Wommelgem. Private Limited, started on 27 February 2003, 1 establishment.

Nijverheidsstraat 70, 2160 Wommelgem

Behind the company: Steven Lea Verbocht.

Start date

27 February 2003

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 2 of the last 4 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

  • Tight liquidity NBB

    Cash and receivables cover 7 % of short-term debt in 2024; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

VE.ST.O from Wommelgem, company number BE0479665394, closed financial year 2024 with a result of € -17,549 after tax. For that financial year VE.ST.O recorded a gross margin of € -10,164 and equity of € -74,066. Compared with financial year 2023, the result moved from € -63,694 to € -17,549. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 5, 2025.

What it is worth Caution

€ -74,066

▼ € 17,549 vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -17,549

▲ 72 % less loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 7,170

▼ 7% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -92,616.

People and assets in 2024

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 511

▼ 36% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 2 years to go

€ 118,357

▼ 2% vs 2023

€ 66,550 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 4,719

▲ 76% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 4,688

▲ € 4,599 vs 2023

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 83,632 € -37,956 € -57,980 € -10,164 ▲ € 47,815
Profit after taxes € 10,968 € -122,492 € -63,694 € -17,549 ▲ € 46,145
Equity € 129,669 € 7,176 € -56,517 € -74,066 ▼ € 17,549
Total debts € 163,836 € 165,320 € 213,356 € 151,610 ▼ 29%
Cash € 116,149 € 28,464 € 7,686 € 7,170 ▼ 7%
Retained profit € 111,119 € -11,374 € -75,067 € -92,616 ▼ € 17,549
Bank debt € 142,123 € 134,295 € 120,170 € 118,357 ▼ 2%
Balance sheet total € 293,505 € 172,496 € 156,839 € 77,544 ▼ 51%
Employees (FTE) 2.5 1.2 0 -

Key figures of VE.ST.O, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to VE.ST.O?

What happened at VE.ST.O in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

VE.ST.O is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2024: loss of € 17,549. filed late Source: NBB ↗
  • New establishment in Wommelgem. KBO
  • Steven Lea Verbocht became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 10,968 profit in 2021 to € 17,549 loss in 2024.

Paid € 3,993 in corporate taxes since 2021.

Best year ever: 2021, with € 10,968 profit.

On average € 33,500 of value added per employee in 2021.

Original PDFs at the National Bank ↗

Management

Steven Lea Verbocht
VE.ST.O

Behind VE.ST.O is Steven Lea Verbocht.

Directors

According to the 2024 annual accounts

Steven Lea Verbocht

Director

since 2003

Establishments

Establishment units

Physical locations of this company

Registered office

Nijverheidsstraat 70

2160 Wommelgem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0479.665.394
VAT number
BE 0479.665.394
Registered office
Nijverheidsstraat 70, 2160 Wommelgem
Names & denominations
VE.ST.O
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
27 February 2003
Peppol
Active · Active since 19 Dec 2025
Activities · NACE

Activiteiten van verzekeringsagenten en -makelaars

Handelsbemiddeling in de groothandel in andere specifieke goederen

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Handelsbemiddeling in de niet-gespecialiseerde groothandel

Overige zakelijke dienstverlening, neg

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

Frequently asked questions

What does VE.ST.O do?
VE.ST.O is an insurance broker in Wommelgem. Private Limited, started on 27 February 2003, 1 establishment.
What is the address of VE.ST.O?
The registered office of VE.ST.O is located at Nijverheidsstraat 70, 2160 Wommelgem.
Is VE.ST.O still active?
No. The CBE lists VE.ST.O with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is VE.ST.O registered on Peppol?
Yes, VE.ST.O is registered on the Peppol network with ID 0208:0479665394.
What is the enterprise number of VE.ST.O?
The enterprise number of VE.ST.O is BE0479665394.
When was VE.ST.O founded?
VE.ST.O was founded on 27 February 2003.