M-VELO
ActiveM-VELO has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43k and a net result of €488. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 54% of 18016 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
64
/ 100
Healthy▲ +3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability6▼-41
Solvency65▲+13
Growth52=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.23 against 1.1 in 2024), and 61% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
39%
Return on assets
0.4%
Age of the figures
8 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 28-07-2026, 3 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
3 d early
2024
21 d late
2023
29 d late
2022
30 d late
2021
26 d late
2020
31 d late
2019
52 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€43k▲ 1.1%
2024 · €43k
2019: €27k
2020: €43k
2021: €20k
2022: €21k
2023: €39k
2024: €43k
2019 → 2025
Total assets
€110k▼ 18.0%
2024 · €135k
2019: €149k
2020: €180k
2021: €154k
2022: €140k
2023: €149k
2024: €135k
2019 → 2025
Net result
€488▼ 87.7%
2024 · €4k
2019: €9k
2020: €16k
2021: €-23k
2022: €19
2023: €18k
2024: €4k
2019 → 2025
Working capital
€15k▲ 83.7%
2024 · €8k
2019: €-28k
2020: €-17k
2021: €-7k
2022: €-6k
2023: €-2k
2024: €8k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€21k▲ 0.1%€39k▲ 88.3%€43k▲ 10.3%€43k▲ 1.1%
Operating result€-22k-€2k€21k▲ 1,003%€10k▼ 50.7%€2k▼ 79.8%
Net result€-23k-€19€18k▲ 95,505%€4k▼ 78.1%€488▼ 87.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 80% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €110k
Fixed assets
€28k▼ 30.1%
Current assets
€83k▼ 12.9%
Equity and liabilities €110k
Equity
€43k▲ 1.1%
Debt
€67k▼ 26.9%
The debt ratio falls from 68.4% to 61.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€18k▼
2024 · €25k
Cash flow
€17k▼
2024 · €19k
Solvency
39.0%▲
2024 · 31.6%
Current ratio
1.23▲
2024 · 1.10
Quick ratio
0.08▲
2024 · 0.06
Debt / equity
1.56▼
2024 · 2.16
ROE
1.1%▼
2024 · 9.3%
ROA
0.4%▼
2024 · 2.9%
Interest coverage
5.68▼
2024 · 6.72
Debt
€67k▼
2024 · €92k
Debt ≤ 1 year
€67k▼
2024 · €87k
Income taxes
€78▼
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€135k€110k▼
Fixed assets21/28€40k€28k▼
Intangible fixed assets21€13k€9k▼
Tangible fixed assets22/27€27k€19k▼
Land and buildings22€13k€9k▼
Plant, machinery and equipment23€14k€6k▼
Furniture and vehicles24€148€3k▲
Current assets29/58€95k€83k▼
Stocks and contracts in progress3€89k€77k▼
Stocks30/36€89k€77k▼
Amounts receivable within one year40/41€685€1k▲
Trade receivables40€669€1k▲
Other amounts receivable41€16€28▲
Cash at bank and in hand54/58€4k€3k▼
Deferred charges and accrued income490/1€999€1k▲
Equity and liabilities
Total equity and liabilities10/49€135k€110k▼
Equity10/15€43k€43k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€22k€23k▲
Amounts payable17/49€92k€67k▼
Amounts payable after more than one year17€6k-
Financial debts170/4€6k-
Amounts payable within one year42/48€87k€67k▼
Current portion of amounts payable after more than one year42€7k€6k▼
Financial debts43€30k€33k▲
Credit institutions430/8€30k€33k▲
Trade debts44€12k€7k▼
Suppliers440/4€12k€7k▼
Taxes, remuneration and social security45€7k€6k▼
Taxes450/3€7k€6k▼
Other amounts payable47/48€30k€16k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€16k▲
Other operating charges640/8€2k€945▼
Gross operating margin9900€27k€19k▼
Operating profit (loss)9901€10k€2k▼
Financial income75/76B€869€2k▲
Recurring financial income75€869€2k▲
Financial charges65/66B€5k€3k▼
Recurring financial charges65€4k€3k▼
Non-recurring financial charges66B€979-
Profit (loss) for the period before taxes9903€7k€566▼
Income taxes67/77€3k€78▼
Profit (loss) for the period9904€4k€488▼
Profit (loss) for the period to be appropriated9905€4k€488▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€23k▲
Profit (loss) brought forward from the previous period14P€18k€22k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Highest result since 2019net €18k ▲95505%
Operating result €21k, net result €18k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €19
Net result €19 after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Weakest financial yearnet €-23k ▼243%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
21-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 52 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kapelle-op-den-Bos · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Evert Larockstraat 51880 Kapelle-op-den-BosGround area
223 m²
Building footprint
89 m²
Volume, LiDAR
527 m³
Parcel 23039B0143/00Z007, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Evert Larockstraat 5, 1880 Kapelle-op-den-Bos
since 20182.279.149.909
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23039B0143/00Z007 | Flanders | 223 m² | 1 · 89 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKapelle-op-den-Bos2.279.149.909
Similar companies · same sector, comparable size
GIMARI
BE 0879.348.847
Nijlen · Eq €43k
De Fietsbroers
BE 0692.588.116
Antwerpen · Eq €43k
LAURENS FIETSATELIER
BE 1000.821.353
Beveren-Kruibeke-Zwijndrecht · Eq €44k
MAGELLAN & CIE
BE 0477.353.628
Ukkel · Eq €42k
MOJO SESSION
BE 0746.479.336
Assesse · Eq €42k
Of 1,451 companies in sector 47632 we hold annual accounts for 721. 521 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-08-2018
Fiscal year end31-12
Activities, NACEBEL
47632Retail sale of bicycles
47785Retail trade
45401
45402
46730Wholesale trade
47120Other non-specialised retail sale
47540Retail sale of electrical household appliances
47830Retail sale of motorcycles and motorcycle parts and accessories
47910Retail trade
82990Other business support services
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.