Turnover
≈ €100,000 estimated
The micro format states no turnover.
VELANCO
Lifetime
2 annual accounts with figures on one time axispeak €8,707 (2025)
€8,707▲ 180%
peak €7,406 (2025)
€7,406▲ 203%
peak €14,854 (2025)
€14,854▲ 99.4%
€4,070▼ 50.0%
Board2 names since 2023
2 directors and 1 other
Documentsfilings and deeds
27-01-20264 days before the deadline
2025micro format
Gross margin from €3,113 to €8,707Result from €2,448 to €7,406Equity from €7,448 to €14,854Debts from €8,148 to €4,070Cash from €5,102 to €18,659
Key points
from the 2025 annual accountsLiquidity
4.65 was 1.91 in 2024
Short-term debts fell from €8,148 to €4,070.
Position in the sector
78.5%
Higher solvency than 86% of companies in construction of buildings. Sector median 43.1% · 10,171 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,326 companies had the same profile as VELANCO has now. Each dot stands for 99 companies, two years later.
95.7%
were still trading
2.4%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,326 companies, not a prediction for VELANCO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director
Director
- 50 sharesdeed of 20-09-2023
- 50 sharesdeed of 20-09-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0805975671
Incorporation
Founding capital of €5,000, 100 shares · Founders: ; · Appointments: (director) and (director) · published on 20-09-2023 · Gazette deed
First establishment
Reigersweg 6 A, Buggenhout
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VELANCO Buggenhout | €18,924 | €8,707 | 78.5% | - |
| D'ALES PROJECT Aalst | €21,480 | €9,916 | 79.3% | - |
| STEFAN TOP JARDIN Merelbeke-Melle | €17,307 | €7,112 | 71.1% | - |
| SPC GROUP Aalst | €17,240 | €9,884 | 48.6% | - |
| Klus- en renovatiewerken Peeters Ghent | €15,470 | €7,482 | 69.0% | - |
| B & E BUILD Antwerp | €18,267 | €8,372 | -90.0% | - |
| AM TotalServices Sint-Pieters-Leeuw | €17,994 | €9,463 | 69.6% | - |
These companies have the same main activity as VELANCO: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €15,500 and €21,500, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 18-09-2023Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.350.624.6559255 Buggenhout, since 18-09-2023
- Financial year end
- 30 June
- Peppol
- Reachable since 17-11-2025
Annual accounts to 30-06-2025
- €18,924▲ 21.3%
- Filing
- Filed on 27-01-2026, 4 days before the end of the filing period
Insights on VELANCO
VELANCO has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14,854 and a net result of €7,406.
Its solvency ranks better than 86% of 10,171 sector peers (NACE 41, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VELANCO
- What is the company number of VELANCO?
- The company number of VELANCO is 0805.975.671. The VAT number is the same number with BE in front: BE 0805.975.671.
- Where is VELANCO based?
- The registered office is at Reigersweg 6 A, 9255 Buggenhout.Company details
- What does VELANCO do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of VELANCO?
- VELANCO is a private limited company (BV).
- When was VELANCO founded?
- VELANCO was founded on 18-09-2023.
- Is VELANCO still active?
- Yes, VELANCO is an active enterprise in the KBO register.
- What is the turnover of VELANCO?
- The turnover in financial year 2025 is ≈ €100,000. This figure is estimated from the gross margin of €8,707 and 285 comparable companies (NACE 41001). It probably lies between €53,000 and €190,000. It is a rough estimate.Financials
- Is VELANCO profitable?
- In financial year 2025, VELANCO made a profit of €7,406.
- Where can I find the annual accounts of VELANCO?
- VELANCO filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VELANCO due?
- VELANCO must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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