Kunstatelier Patrick Velghe

Active

Private limited company (pre-2019)founded 1991active for 35 yearsGroot-Bijgaardenstraat 14, 1082 Sint-Agatha-Berchem, Belgium301 active companies are registered at this addressKBO/BCE: BE 0444.886.837

Summary

The computed 12-month bankruptcy probability of Kunstatelier Patrick Velghe is 3.4% (moderate). For Kunstatelier Patrick Velghe, one filing cycle of the annual accounts is missing. The 2024 annual accounts show negative equity (-€29,818) and a net result of -€1,802. Equity is growing by about 25% per year across the filed financial years. Its solvency ranks better than 12% of 9,458 sector peers (NACE 82, financial year 2024). The company has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals.

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Kunstatelier Patrick VelgheActive

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Activity

Office administrative and support services

NACE 82100

9th oldest company in Sint-Agatha-Berchem, Administrative and support services sector1 site

Size

€20,172turnover 2024

Equity: -€29,818
Loss: -€1,802

Financial health

Bankruptcy probabilitywithin 12 months: 3.4%

2024 figures too old to score

Structure

Accounts 322 days overdue0 of 2 deeds read

Signalsraises riskFigures for financial year 2024 (filed 06-01-2025)1 financial year not filed after the legal deadline; latest accounts 27 days late; 1 of the last 3 lateLiquidity: current ratio 0.91, cash €936Annual accounts not filedlowers riskSector: Office administrative, office support and other business support activities (NACE 82)neutralFiled after the deadlineShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2024 are too old to assess current financial health.

Filing: One filing cycle is missing

Financial strength, FY 2024 · tick = 2023

Weak

Solvency 16=

equity -9.1% of total assets

Liquidity 0-1

short-term debt 109.1% · cash 0.3%

Profitability 36-1

return on assets -0.6%

Bankruptcy probability, 12 months

3.4% Moderate

0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,637 companies, NACE 82, micro)

Last 24 months 11-2024: 1.2% 12-2024: 1.4%▲ +0.2 percentage points vs 11-2024 01-2025: 1.6%▲ +0.2 percentage points vs 12-2024 02-2025: 0.7%▼ -0.9 percentage points vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.6%▼ -0.1 percentage points vs 08-2025lowest value 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.8%▲ +0.2 percentage points vs 10-2025 12-2025: 1.0%▲ +0.2 percentage points vs 11-2025 01-2026: 1.2%▲ +0.2 percentage points vs 12-2025 02-2026: 1.6%▲ +0.4 percentage points vs 01-2026 03-2026: 1.8%▲ +0.2 percentage points vs 02-2026 04-2026: 2.3%▲ +0.5 percentage points vs 03-2026 05-2026: 3.8%▲ +1.5 percentage points vs 04-2026 06-2026: 3.8%● unchanged vs 05-2026 07-2026: 3.8%● unchanged vs 06-2026highest value 08-2026: 3.4%▼ -0.4 percentage points vs 07-2026 09-2026: 3.4%● unchanged vs 08-2026 10-2026: 3.4%● unchanged vs 09-2026

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Signals

Six signals.

lowers riskraises riskneutral

Figures for financial year 2024 (filed 06-01-2025)

NBB · annual accounts

1 financial year not filed after the legal deadline; latest accounts 27 days late; 1 of the last 3 late

NBB · filings

Liquidity: current ratio 0.91, cash €936

NBB · annual accounts

Sector: Office administrative, office support and other business support activities (NACE 82)

KBO

Annual accounts not filed

The financial year that closed on 30-04-2025 was due at the National Bank by 30-11-2025. Nothing is on record, 322 days later.

NBB · 10 filings

Position against the passed deadline

30-04-2025 year end30-11-2025 deadline18-10-2026 today

Filed after the deadline

The financial year that closed on 30-04-2024 was due by 30-11-2024 and was filed on 27-12-2024, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

27 days late

2023

149 days late

2022

27 days early

2020

1126 days late

2019

52 days early

2018

57 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 194 days after the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

27-12-2024 Annual accounts filedfinancial year 2024 · micro…
30-04-2024 Weakest financial yearnet -€1,802
27-04-2024 Annual accounts filedfinancial year 2023 · micro…

Key points

Risk: Accounts not fileddeadline was 30-11-2025 322 days late View
Risk: Negative equityfinancial year 2024: debts exceed assets -€29,818 View
Caution: Among the weakest 8% on equitysector median €56,920 · 9,474 companies -€29,818 View
Caution: 2 loss-making years in a rowloss financial year 2024 -€1,802 View