VEECKELEC
ActiveThe computed 12-month bankruptcy probability of VEECKELEC is 3.0% (moderate). The 2024 annual accounts show equity of €19k and a net result of €780. Equity is growing by ~46.4% per year across the filed fiscal years. Its solvency ranks better than 45% of 36374 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
79
/ 100
Excellent▼ -7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability20▼-80
Solvency76▲+21
Growth78=
Stability94
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.43 in 2023), but 57.9% 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.
+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
42.1%
Return on assets
1.7%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-05-2025, 77 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
77 d early
2023
57 d early
2022
7 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€19k▲ 4.3%
2023 · €18k
2022: €2k
2023: €18k
2022 → 2024
Total assets
€45k▼ 28.2%
2023 · €63k
2022: €39k
2023: €63k
2022 → 2024
Net result
€780▼ 95.2%
2023 · €16k
2022: €617
2023: €16k
2022 → 2024
Working capital
€12k▼ 21.3%
2023 · €15k
2022: €-518
2023: €15k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€2k-€18k▲ 765%€19k▲ 4.3%
Operating result€5k-€24k▲ 386%€4k▼ 82.4%
Net result€617-€16k▲ 2,527%€780▼ 95.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 82% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €45k
Fixed assets
€13k▼ 13.3%
Current assets
€33k▼ 32.7%
Equity and liabilities €45k
Equity
€19k▲ 4.3%
Debt
€26k▼ 41.5%
The debt ratio falls from 71.0% to 57.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€11k▼
2023 · €30k
Cash flow
€7k▼
2023 · €22k
Solvency
42.1%▲
2023 · 29.0%
Current ratio
1.54▲
2023 · 1.43
Quick ratio
1.54▲
2023 · 1.43
Debt / equity
1.37▼
2023 · 2.45
ROE
4.1%▼
2023 · 88.4%
ROA
1.7%▼
2023 · 25.7%
Interest coverage
4.21▼
2023 · 10.06
Debt
€26k▼
2023 · €45k
Debt ≤ 1 year
€21k▼
2023 · €34k
Debt > 1 year
€5k▼
2023 · €11k
Income taxes
€881▼
2023 · €5k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€63k€45k▼
Fixed assets21/28€14k€13k▼
Tangible fixed assets22/27€14k€13k▼
Plant, machinery and equipment23€1k€1k▲
Furniture and vehicles24€13k€11k▼
Current assets29/58€49k€33k▼
Amounts receivable within one year40/41€17k€18k▲
Trade receivables40€2k€17k▲
Other amounts receivable41€15k€992▼
Cash at bank and in hand54/58€32k€15k▼
Equity and liabilities
Total equity and liabilities10/49€63k€45k▼
Equity10/15€18k€19k▲
Contributions10/11€2k€2k=
Capital10€2k€2k=
Issued capital100€2k€2k=
Profit (loss) carried forward14€17k€18k▲
Amounts payable17/49€45k€26k▼
Amounts payable after more than one year17€11k€5k▼
Financial debts170/4€11k€5k▼
Amounts payable within one year42/48€34k€21k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€9k€5k▼
Suppliers440/4€9k€5k▼
Taxes, remuneration and social security45€8k€6k▼
Taxes450/3€6k€6k▼
Remuneration and social security454/9€3k-
Other amounts payable47/48€11k€5k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k▲
Other operating charges640/8€149€149=
Gross operating margin9900€30k€11k▼
Operating profit (loss)9901€24k€4k▼
Financial income75/76B€1€22▲
Recurring financial income75€1€22▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€21k€2k▼
Income taxes67/77€5k€881▼
Profit (loss) for the period9904€16k€780▼
Profit (loss) for the period to be appropriated9905€16k€780▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€18k▲
Profit (loss) brought forward from the previous period14P€617€17k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €16k ▲2527%
Operating result €24k, net result €16k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Mouscron · 1 establishment unit since 2021
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.
Pierre Cocheteux Square(L) 227700 MouscronGround area
240 m²
Building footprint
61 m²
Parcel 54004L0004/00F002, Wallonia. Linked by address, not a title deed.
1 establishment unit
VEECKELEC
since 20212.326.009.421
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54004L0004/00F002 | Wallonia | 239 m² | 1 · 61 m² | - |
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.
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BE 0799.853.486
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BE 1005.930.778
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DARELEC
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Of 22,740 companies in sector 43211 we hold annual accounts for 10,275. 7,076 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-10-2021
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.veeckelec.be
E-mail:veeckelec@gmail.com