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Georges Veldeman

Active
Public limited companyfounded 197352 yrs activeWijshagerstraat 17, 3960 Bree, BelgiumKBO/BCE: BE 0413.610.968
Summary

Georges Veldeman has been active since 1973 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12.8m and a net result of €218,714. Equity is growing by ~20.1% per year across the filed fiscal years. Its solvency ranks better than 41% of 476 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch ReportCompare
Georges VeldemanActiveChecked score 88/100
Risk analysis ReportCompare

Overview

What they do
Rental and leasing activities
NACE 77392Manufacture of textiles NACE 13929NACE 71340
#1 company by total assets in Bree, Administrative and support services sector1 site
How big
€15.3mturnover 2025
Staff
38 FTE
Equity
€12.8m
Profit
€218,714
Net result -68%: merger
Financially healthy?
88 Excellent Checked score 2025
Bankruptcy chance 12 m
0.2%
Who decides
Parent
EUROPEAN FUTURE STRUCTURES · 100%
Board
3 members
Holdings
5
Auditor: Moore Belgium BVAccounts 31 d early
Why 88- Liquidity: current ratio 0.56, cash €879,494+ Founded in 1973+ Size: turnover €15.3m, 38 FTE, total assets €39.8m+ Legal form Public limited companyShow the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Better than 41% of its sector peers (NACE 77, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 57=
equity 32.0% of total assets
Liquidity 47-1
short-term debt 19.4% · cash 2.2%
Profitability 61+1
return on assets 0.5%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (461 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● 0.0% vs 11-2024 01-2025: 0.2%● 0.0% vs 12-2024 02-2025: 0.1%▼ -3.9% vs 01-2025lowest value 03-2025: 0.1%▲ +1.4% vs 02-2025 04-2025: 0.2%▲ +2.0% vs 03-2025 05-2025: 0.2%▲ +5.3% vs 04-2025 06-2025: 0.2%▲ +3.1% vs 05-2025 07-2025: 0.2%▲ +33.5% vs 06-2025 08-2025: 0.2%▼ -5.0% vs 07-2025 09-2025: 0.2%● 0.0% vs 08-2025 10-2025: 0.2%● 0.0% vs 09-2025 11-2025: 0.2%● 0.0% vs 10-2025 12-2025: 0.2%● 0.0% vs 11-2025 01-2026: 0.2%● 0.0% vs 12-2025 02-2026: 0.2%▼ -3.8% vs 01-2026 03-2026: 0.2%▲ +1.5% vs 02-2026 04-2026: 0.2%▲ +2.0% vs 03-2026 05-2026: 0.2%▲ +5.3% vs 04-2026 06-2026: 0.2%▲ +2.8% vs 05-2026highest value 07-2026: 0.2%▼ -13.8% vs 06-2026 08-2026: 0.2%● 0.0% vs 07-2026 09-2026: 0.2%● 0.0% vs 08-2026 10-2026: 0.2%● 0.0% vs 09-2026
  • Liquidity: current ratio 0.56, cash €879,494 raises the probability
  • Founded in 1973 lowers the probability for this profile
  • Size: turnover €15.3m, 38 FTE, total assets €39.8m lowers the probability for this profile
  • Legal form Public limited company lowers the probability
Credit up to €1,100,000 at 30 days acceptable
Liquidity short (current ratio 0.56 against 1.12 in 2024; short-term debt: 19.4% and cash: 2.2% of total assets), and 68% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 77, small). Better than this share of them on solvency 45%, liquidity 53%, profitability 33%, growth against the median 33%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.56, cash €879,494
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1973
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Size: turnover €15.3m, 38 FTE, total assets €39.8m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Legal form Public limited company
In the bankruptcy model this factor lowers the probability.
KBO
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 d early
2024
32 d early
2023
33 d early
2022
35 d early
2021
34 d early
2020
32 d early
2019
35 d early
← 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 33 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Resignation: BDO Bedrijfsrevisoren BV (statutory auditor)Appointments: Moore Belgium BV (statutory…
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Positive: Company by total assets in Bree, Administrative and…in the Checked rankings #1 View
  • Result fell in 2025merger with VELDEMAN SERVICES ▼ 67.5% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by EUROPEAN FUTURE STRUCTURESultimately: Veldeman Group I 100% View
  • Positive: 5 profitable years in a rowprofit 2025: €218,714 5 years View
  • Active since 1973founded 24-11-1973 52 years View

By topic

Financials

Fiscal year
2025
Turnover
€15.3m
Profit
€218,714
Solvency
32.0%
Turnover▼ 6.9%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Parent
EUROPEAN FUTURE STRUCTURES · 100%
Auditor
Moore Belgium BV
Go to Board & ownership

Network & group

Group
Veldeman Group I
Subsidiaries
4
Holdings
5
Connected companies
11

5 holdings

Go to Network & group

Timeline

Events
36
Since
2004
Next accounts
by 31-07-2027
  1. 30-06-2026Annual accounts filed
  2. 28-01-2026Resignation: BDO Bedrijfsrevisoren BV (statutory auditor)
  3. 29-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Rental and leasing activitiesNACE 77392
Founded
24-11-1973
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
De handel en verhuur en verkoop van tenten, van installaties voor feesten en…
Go to Articles of association

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies

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