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Generated 09-08-2026
Active BE 0777.582.682Public limited company

VELA FUND

Rombout de Dopperestraat 17 ·8200 Brugge, Belgium· 4 yrs active
Sector: Financial services (64210)
Conclusion Checked

VELA FUND is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €1.26M and a net result of €2k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 49% of 1407 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €1.26M
Net result €2k
Better than sector 49%
Active 4 yrs
Snowflake analysis 5 axes · computed by Checked
Health0Profitability1Solvency79Growth78Stability94
50 / 100

Mixed profile: strong on stability, weaker on health.

Health 0
Profitability 1
Solvency 79
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.
Financial overview3 NBB filings
Annual accounts filed on 07-03-2025 with the NBB · fiscal year 2024 · verkort
€0€3k€5k€8kOperating result 2022: €3k€3kNet result 2022: €1k€1kOperating result 2023: €3k€3kNet result 2023: €8k€8kOperating result 2024: €1k€1kNet result 2024: €2k€2k202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable Equity: stable across 3 fiscal years (±0.4%/year).
€1.10M€1.20M€1.30M€1.40M2025: €1.27M (€1.17M - €1.37M)2026: €1.27M (€1.17M - €1.37M)2027: €1.28M (€1.18M - €1.38M)2022: €1.25M2023: €1.26M2024: €1.26M202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 64, Financial services · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 36.7% 37.4%
better than 49% of 1407 sector peers
Net result €2k €46k
better than 25% of 1406 sector peers
Equity €1.26M €362k
better than 74% of 1407 sector peers
Gross operating margin €3k €65k
better than 21% of 1405 sector peers
Total assets €3.44M €1.41M
better than 71% of 1407 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Net profit
€2k
-77.3% -87% vs sector
Total assets
€3.44M
+0.1% +96% vs sector
Equity
€1.26M
+0.1% +28% vs sector
Income taxes
€609
-77.3% -95% vs sector
Debt
€2.18M
0.0% +236% vs sector
Debt ≤ 1y
€686
-100.0% -100% vs sector
Debt > 1y
€2.18M
- far above sector median
Solvency
36.7%
+0.1% -22% vs sector
ROE
0.1%
-77.3% -90% vs sector
ROA
0.1%
-77.3% -94% vs sector
Figures by fiscal year
Fiscal year2024
Revenuen/a
EBITDAn/a
Net profit€2k
Cash flown/a
Staff costs-
Income taxes€609
Dividends-
Total assets€3.44M
Equity€1.26M
Debt€2.18M
of which ≤ 1y€686
of which > 1y€2.18M
Working capitaln/a
Employees (FTE)-
Ratios (computed)
2024
Current ration/a
Quick ration/a
Working capital ration/a
Solvency36.7%
Debt / equityn/a
Long-term debt ration/a
Interest coveragen/a
Gross marginn/a
Net marginn/a
ROA0.1%
ROE0.1%
EBITDA marginn/a
Days sales outstandingn/a
Days payable outstandingn/a
Inventory turnovern/a
Days inventory (DSI)n/a
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€3.44M
Fixed assets 21/28€3.40M
Formation expenses 20€1k
Financial fixed assets 28€3.40M
Current assets 29/58€39k
Amounts receivable within one year 40/41€0
Investments 50/53€31k
Cash & bank 54/58€8k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€3.44M
Equity 10/15€1.26M
Contributions / capital 10/11€1.25M
Reserves 13€11k
Amounts payable 17/49€2.18M
Amounts payable after one year 17€2.18M
Amounts payable within one year 42/48€686
Trade debts payable within one year 44€126
Income statement
Gross operating margin 9900€3k
Operating result 9901€1k
Financial income 75€1k
Financial charges 65€53
Result before taxes 9903€2k
Income taxes 67/77€609
Net result for the period 9904€2k
Result to be appropriated 9905€2k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Financial services(64210)
Legal form Public limited company(014)
Incorporation22-11-2021
StatusActive
Postal code8200
Establishment units 1 location
VELA FUND
Rombout de Dopperestraat 17, 8200 BruggeOverige dienstverlenende activiteiten op het gebied van informatie, n.e. g.
since 20212.325.441.178
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31027D0071/00A000 Flanders 1,746 m² 1 · 240 m² 6.7 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 4 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
07-07-2025
State Gazette act Capital & shares
MICHEL VAN DAMME
07-03-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
2024
27-06-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
2023
23-06-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
Belgisch Staatsblad, acts 1 acts
Capital history · 1
07-07-2025
Capital change
All acts · 1 updated 1 year ago
2025
07-07-2025 All shares are now held by a single shareholder Capital & shares·MICHEL VAN DAMME
Notary: MICHEL VAN DAMME · BruggeFirm: VVD Notarisvennootschap BV
Technical details 
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Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Activities
Holdings64200Activiteiten van holdings64210
Primary activity highlighted.
Names & trade names
Legal nameNL VELA FUND
Registered office
Rombout de Dopperestraat 17
8200 Brugge, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative