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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
79 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VEDA DEVELOPMENT from La Hulpe, company number BE0718913520, closed financial year 2025 with a result of € -9,893 after tax. For that financial year VEDA DEVELOPMENT recorded a gross margin of € 25,844 and equity of € -57,549. Compared with financial year 2024, the result moved from € -52,401 to € -9,893. 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 2, 2026.
€ -57,549
▼ € 9,893 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,893
▲ 81 % less loss than in 2024
Profit after tax over the fiscal year.
€ 2,825
▼ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -77,549.
Debts at end 2025
€ 466,974
▲ 11% vs 2024
Loans from banks and other lenders, long and short.
€ 33,976
▲ 270% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 720,358 | € 9,811 | € -33,268 | € 25,844 | ▲ € 59,113 |
| Profit after taxes | € 485,684 | € -8,675 | € -52,401 | € -9,893 | ▲ € 42,508 |
| Equity | € 20,552 | € 11,877 | € -47,656 | € -57,549 | ▼ € 9,893 |
| Total debts | € 1,758,494 | € 431,462 | € 429,572 | € 500,951 | ▲ 17% |
| Cash | € 950,626 | € 93,169 | € 3,179 | € 2,825 | ▼ 11% |
| Land & buildings | € 6,696 | € 5,330 | - | - | |
| Retained profit | € 552 | € -8,123 | € -67,656 | € -77,549 | ▼ € 9,893 |
| Dividend | € 535,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 420,399 | € 466,974 | ▲ 11% |
| Balance sheet total | € 1,779,046 | € 443,339 | € 381,917 | € 443,402 | ▲ 16% |
Key figures of VEDA DEVELOPMENT, 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 VEDA DEVELOPMENT?
What happened at VEDA DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9,893. filed late Source: NBB ↗
- Vesta Group NV became a director. NBB
- Christophe Verstraete stepped down as director. NBB
- Vincent Andre became a director. NBB
- Christophe Verstraete became a director. NBB
- New establishment in La Hulpe. KBO
- Start of the company according to the CBE. KBO
In short
From € 485,684 profit in 2022 to € 9,893 loss in 2025.
Paid € 162,314 in corporate taxes since 2022.
Best year ever: 2022, with € 485,684 profit.
Paid out € 535,000 in dividends to the owners in total.
Management
The stake of Dare 2 Build comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VEDA DEVELOPMENTBehind VEDA DEVELOPMENT are Vesta Group NV and Vincent Andre. The shares are held by Dare 2 Build (50%).
Directors
According to the 2025 annual accounts
Director
Also active at: VERSTRAETE, VILLA FRANCINE, JETSE, VERSTRAETE DEVELOPMENT, LEEUWKE, VERSTRAETE BOUWONDERNEMING, QUAEDE ACKER, AROES +24 more
since 2024
since 2023
Christophe Verstraete
Director
Also active at: VERSTRAETE, VEMACO, IMMO - LOC, VILLA FRANCINE, JETSE, VERSTRAETE DEVELOPMENT, LEEUWKE, VS REAL ESTATE +29 more
since 2023 · until 2024
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue Reine Astrid 92
1310 La Hulpe
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 79 companies are registered at this address.
All companies at this address →ATENOR TOOLS COMPANY
€ 10,500 revenue · 2025
Immobilière de la Petite Ile
€ 58.7 million revenue · 2025
ATENOR
€ 6.2 million revenue · 2025
FIMMAC
€ -8,265 gross margin · 2025
SOCIETE D'INVESTISSEMENTS, DE GESTION ET D'ORGANISATION
€ 62,322 gross margin · 2023
+74 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0718.913.520
- VAT number
- BE 0718.913.520
- Registered office
- Avenue Reine Astrid 92, 1310 La Hulpe
- Names & denominations
- VEDA DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 January 2019
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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