The computed 12-month bankruptcy probability of VELECOR GROUP is 14.2% (high). For VELECOR GROUP, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€1,207) and a net result of €104,544. Equity is shrinking by about 20% per year across the filed financial years. Its solvency ranks better than 5% of 6,830 sector peers (NACE 43, financial year 2022). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.
NACE 43211Computer consultancy and computer facilities management NACE 62200
1 site
Size
€68,383total assets 2022
Staff
0.2 FTE
Equity
-€1,207
Profit
€104,544
Turnover not published (abbreviated format)
Financial health
Bankruptcy probabilitywithin 12 months
14.2%
2022 figures too old to score
Structure
Parent
CEDMONS · 94.62%
Accounts 810 days overdue2 of 4 deeds read
Signalsraises risk3 financial years not filed after the legal deadline; latest accounts 365 days late; 3 of the last 3 lateFigures for financial year 2022 (filed 30-07-2024)1 change of registered office in 24 monthsSize: 0.2 FTE, total assets €68,383Two or more financial years not filedFiled more than 90 days lateShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Average
Solvency23+23
equity -1.8% of total assets
Liquidity44+17
short-term debt 101.2% · cash 35.3%
Profitability100+100
return on assets 152.9%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
14.2%High
0%0.5%1.5%4%10%≥ 25%
About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.7% (47,580 companies, NACE 43, micro)
Last 24 months11-2024: 4.2%lowest value12-2024: 10.2%▲ +6.0 percentage points vs 11-202401-2025: 12.1%▲ +1.9 percentage points vs 12-202402-2025: 12.1%● unchanged vs 01-202503-2025: 12.5%▲ +0.4 percentage points vs 02-202504-2025: 11.7%▼ -0.8 percentage points vs 03-202505-2025: 11.7%● unchanged vs 04-202506-2025: 11.7%● unchanged vs 05-202507-2025: 11.7%● unchanged vs 06-202508-2025: 14.3%▲ +2.6 percentage points vs 07-2025highest value09-2025: 14.3%● unchanged vs 08-2025highest value10-2025: 14.3%● unchanged vs 09-2025highest value11-2025: 13.8%▼ -0.5 percentage points vs 10-202512-2025: 13.8%● unchanged vs 11-202501-2026: 13.8%● unchanged vs 12-202502-2026: 13.8%● unchanged vs 01-202603-2026: 13.8%● unchanged vs 02-202604-2026: 13.8%● unchanged vs 03-202605-2026: 13.8%● unchanged vs 04-202606-2026: 13.8%● unchanged vs 05-202607-2026: 13.8%● unchanged vs 06-202608-2026: 14.2%▲ +0.4 percentage points vs 07-202609-2026: 14.2%● unchanged vs 08-202610-2026: 14.2%● unchanged vs 09-2026
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
31-12-2023 year end31-07-2024 deadline19-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-07-2024, 365 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 176 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.