ACTIVE

VECO

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Financial year 2025 · closed on 31/12/2025

Net result

5,7 k €

-81.6% YoY

Gross margin

104,7 k €

+7.3% YoY

Equity

292,9 k €

+2.0% YoY

What does VECO do?

VECO is a Private limited company incorporated in 2006. Its main activity is: Other information technology and computer service activities. Its registered office is in Niel.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0878.549.685

Incorporation

06/01/2006

Legal form

Private limited company

Registered office

Heideplaats 15B
2845 Niel · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Activities (NACE)

62090Other information technology and computer service activities· main 62900Computer programming, consultancy and related activities 72600Scientific research and development 62010Computer programming activities 62020Computer consultancy activities 62100Computer programming, consultancy and related activities+9

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	104,7 k €	+7.3%	97,6 k €	-20.5%	122,7 k €	+35.6%	90,5 k €	-19.9%	113,1 k €	-8.0%	122,9 k €	+101%	61,3 k €	-1.1%	61,9 k €	+3.2%	60 k €	-10.7%	67,2 k €	-18.3%	82,2 k €	+6.3%	77,4 k €	+28.5%	60,2 k €	-8.9%	66,1 k €	-24.8%	87,9 k €	+8.6%	81 k €	+30.0%	62,3 k €	+1.1%	61,6 k €	+24.6%	49,5 k €	+13.9%	43,4 k €
EBITDA	103,1 k €	+7.3%	96 k €	-20.7%	121,1 k €	+36.3%	88,8 k €	-20.3%	111,5 k €	-8.4%	121,7 k €	+170%	45,2 k €	-24.9%	60,1 k €	+6.5%	56,5 k €	-12.9%	64,9 k €	-19.0%	80 k €	+8.4%	73,8 k €	+27.7%	57,8 k €	-8.9%	63,5 k €	-24.7%	84,3 k €	+6.3%	79,4 k €	+124%	35,4 k €	-41.4%	60,4 k €	+23.1%	49,1 k €	+14.1%	43 k €
Operating result	69,3 k €	+12.0%	61,9 k €	-22.3%	79,6 k €	+61.8%	49,2 k €	-33.1%	73,5 k €	-11.3%	82,9 k €	+1120%	6,8 k €	-83.7%	41,7 k €	+0.4%	41,5 k €	-8.8%	45,5 k €	-21.2%	57,8 k €	+44.7%	39,9 k €	+73.1%	23,1 k €	+5.0%	22 k €	-58.2%	52,6 k €	+23.1%	42,7 k €	+221%	13,3 k €	-72.4%	48,3 k €	+8.0%	44,8 k €	+13.7%	39,4 k €
Net result	5,7 k €	-81.6%	31,2 k €	-28.0%	43,3 k €	+95.9%	22,1 k €	-44.4%	39,7 k €	-10.2%	44,2 k €	+463%	-12,2 k €	-148%	25,2 k €	+16.1%	21,7 k €	-16.5%	26 k €	-6.2%	27,7 k €	+86.3%	14,8 k €	+561%	2,2 k €	+110%	1,1 k €	-95.6%	24,2 k €	+51.5%	16 k €	+121%	7,2 k €	-76.7%	31 k €	-5.6%	32,9 k €	+9.6%	30 k €
Balance sheet
Equity	292,9 k €	+2.0%	287,1 k €	+12.2%	256 k €	+20.3%	212,7 k €	+11.6%	190,6 k €	+26.3%	150,9 k €	+24.9%	120,8 k €	-9.2%	133 k €	-35.8%	207,1 k €	+11.7%	185,4 k €	+16.3%	159,4 k €	+21.0%	131,8 k €	+3.0%	128 k €	+1.8%	125,7 k €	+0.9%	124,6 k €	+24.1%	100,5 k €	+18.9%	84,5 k €	-5.3%	89,3 k €	+53.3%	58,2 k €	+71.9%	33,9 k €
Total assets	956,1 k €	-0.9%	964,3 k €	-1.1%	974,6 k €	+0.3%	971,8 k €	-2.4%	995,2 k €	+1.4%	981,9 k €	-3.0%	1 M €	+208%	328,9 k €	-20.9%	415,9 k €	-2.1%	424,7 k €	+2.5%	414,4 k €	-0.5%	416,5 k €	-4.2%	434,8 k €	-1.6%	442,1 k €	-0.6%	444,7 k €	-5.1%	468,8 k €	+22.0%	384,4 k €	+167%	144 k €	+62.4%	88,7 k €	+13.9%	77,9 k €
Cash	–		–		–		10,1 k €	-9.5%	11,1 k €	-71.8%	39,4 k €	+15.3%	34,1 k €	-25.0%	45,5 k €	+1197%	3,5 k €	-72.4%	12,7 k €	+24.6%	10,2 k €	-52.6%	21,5 k €	+24.5%	17,3 k €	-45.3%	31,6 k €	-31.6%	46,2 k €	-43.9%	82,5 k €	+80.7%	45,6 k €	+39.4%	32,7 k €	-50.7%	66,4 k €	+42.9%	46,5 k €
Debts	663,2 k €	-2.1%	677,2 k €	-5.8%	718,6 k €	-5.3%	759,1 k €	-5.7%	804,6 k €	-3.2%	831 k €	-6.8%	891,8 k €	+355%	196 k €	-5.9%	208,3 k €	-13.0%	239,4 k €	-6.1%	254,9 k €	-10.5%	284,8 k €	-7.2%	306,9 k €	-3.0%	316,4 k €	-1.1%	320,1 k €	-13.1%	368,4 k €	+22.8%	299,9 k €	+448%	54,8 k €	+79.9%	30,4 k €	-30.8%	44 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Koen Versyck

Director

Active

Ended mandates

Koen Verscyk

Manager

Ended

Koen Versyck

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/07/2026	27/08/2025	28/06/2024	03/07/2023	29/06/2022	29/06/2021
General meeting	30/06/2026	31/07/2025	21/06/2024	17/06/2023	11/06/2022	12/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	24/07/2026	Dutch	PDF
Abridged model	31/12/2024	31/07/2025	27/08/2025	Dutch	PDF
Abridged model	31/12/2023	21/06/2024	28/06/2024	Dutch	PDF
Abridged model	31/12/2022	17/06/2023	03/07/2023	Dutch	PDF
Abridged model	31/12/2021	11/06/2022	29/06/2022	Dutch	PDF
Abridged model	31/12/2020	12/06/2021	29/06/2021	Dutch	PDF
Abridged model	31/12/2019	20/06/2020	08/07/2020	Dutch	PDF
Abridged model	31/12/2018	15/06/2019	01/07/2019	Dutch	PDF
Abridged model	31/12/2017	23/06/2018	09/07/2018	Dutch	PDF
Abridged model	31/12/2016	24/06/2017	30/06/2017	Dutch	PDF
Abridged model	31/12/2015	25/06/2016	29/06/2016	Dutch	PDF
Abridged model	31/12/2014	25/06/2015	07/07/2015	Dutch	PDF
Abridged model	31/12/2013	19/06/2014	27/06/2014	Dutch	PDF
Abridged model	31/12/2012	29/06/2013	04/07/2013	Dutch	PDF
Abridged model	31/12/2011	07/07/2012	09/07/2012	Dutch	PDF
Abridged model	31/12/2010	02/07/2011	07/07/2011	Dutch	PDF
Abridged model	31/12/2009	03/07/2010	09/07/2010	Dutch	PDF
Abridged model	31/12/2008	04/04/2009	28/05/2009	Dutch	PDF
Abridged model	31/12/2007	05/04/2008	29/05/2008	Dutch	PDF
Abridged model	31/12/2006	07/04/2007	22/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Koen Versyck

Director

Active

Ended mandates

Koen Verscyk

Manager

Ended

Koen Versyck

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates24/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Registered office11/06/2019
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares26/07/2018
KAPITAAL - AANDELEN
PDF
Capital / shares21/03/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates28/09/2011
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other23/01/2006
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20255,7 k €↓
2024
Annual accounts 202431,2 k €↓
2023
Annual accounts 202343,3 k €↑
2022
Annual accounts 202222,1 k €↓
2021
Annual accounts 202139,7 k €↓
2020
Annual accounts 202044,2 k €↑
2019
Annual accounts 2019-12,2 k €↓
2018
Annual accounts 201825,2 k €↑
2017
Annual accounts 201721,7 k €↓
2016
Annual accounts 201626 k €↓
2015
Annual accounts 201527,7 k €↑
2014
Annual accounts 201414,8 k €↑
2013
Annual accounts 20132,2 k €↑
2012
Annual accounts 20121,1 k €↓
2011
Annual accounts 201124,2 k €↑
2010
Annual accounts 201016 k €↑
2009
Annual accounts 20097,2 k €↓
2008
Annual accounts 200831 k €↓
2007
Annual accounts 200732,9 k €↑
2006
Annual accounts 200630 k €
06/01/2006
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

VECO

Overview

What does VECO do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline