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BELO VELVETS

Active
Private limited companyfounded 2009active for 16 yearsBeukenhofstraat 122, 8570 Anzegem, BelgiumKBO/BCE: BE 0821.200.713
Summary

BELO VELVETS has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of -€282,663. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 55% of 199 sector peers (NACE 13, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Manufacture of textiles
NACE 13990Manufacture of textiles NACE 13100
1 site
Size
≈ €730,000turnover 2025, estimated
Staff
3.6 FTE
Equity
€1.4m
Loss
-€282,663
Turnover estimated from the gross margin
Financial health
84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
2025 accounts 2 days early4 deeds in the Belgian Official Gazette
Why 84raises riskLoss of €282,663, the second in a row (financial year 2025)lowers riskFigures for financial year 2025 (filed 29-07-2026)Size: 3.6 FTE, total assets €2.7mEquity €1.4m (53.6% of total assets)Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 31% of its sector peers (NACE 13, micro)
Financial strength · tick = 2024
Weak
Solvency 79-7
equity 53.6% of total assets
Liquidity 41-10
short-term debt 42.4% · cash 8.7%
Profitability 10-3
return on assets -10.5%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (496 companies, NACE 13, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.2%▲ +0.1 percentage points vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.5%▲ +0.1 percentage points vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.3%▼ -0.3 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €120,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.09, compared with 2.58 in 2024, above the usual 1.5; short-term debt: 42.4% and cash: 8.7% of total assets), and 46.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 13, micro): better than 57% on solvency, 30% on liquidity, 17% on profitability and 21% on growth.

The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €282,663, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 29-07-2026)
NBB · annual accounts
lowers risk · Size: 3.6 FTE, total assets €2.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €1.4m (53.6% of total assets)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€282,663
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
31 days early
2023
33 days early
2022
34 days early
2021
31 days early
2020
19 days early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 21 days before the deadline; the sector median (NACE 13) for financial year 2024 is 13 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Weakest financial yearnet -€344,571

Key points

  • Caution: Among the weakest 5% on net resultsector median €37,211 · 199 companies -€282,663 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€282,663 View

By topic

Financials

Financial year
2025
Total assets
€2.7m
Loss
-€282,663
Solvency
53.6%
Total assets▼ 4.9%
Net result
20182025
Go to Financials

Timeline

Events
20
Since
2011
Next accounts
by 31-07-2027
  1. 28-06-2024Annual accounts filed
  2. 27-06-2023Annual accounts filed
  3. 31-12-2022Equity above €2m
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of textilesNACE 13990
Founded
07-12-2009
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about BELO VELVETS

What is the company number of BELO VELVETS?
0821.200.713. In Belgium the VAT number is the company number with BE in front: BE 0821.200.713.
Where is BELO VELVETS based?
The registered office is at Beukenhofstraat 122, 8570 Anzegem.Company details
What does BELO VELVETS do?
According to the KBO register, the main activity is manufacture of textiles (NACE 13990).
What is the legal form of BELO VELVETS?
Private limited company (BV).
When was BELO VELVETS founded?
On 07-12-2009.
Is BELO VELVETS still active?
Yes, BELO VELVETS is an active enterprise in the KBO register.
How many employees does BELO VELVETS have?
On average 3.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of BELO VELVETS?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is BELO VELVETS profitable?
In financial year 2025, BELO VELVETS made a loss of €282,663.
Where can I find the annual accounts of BELO VELVETS?
BELO VELVETS filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BELO VELVETS due?
By 31-07-2027, for financial year 2026.Timeline

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