VELATCO
ActiveVELATCO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €409k and a net result of €-25k. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 65% of 7974 sector peers (fiscal year 2025). The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
26 d late
2023
29 d late
2022
32 d early
2021
47 d early
2020
11 d late
2019
on the day
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€409k▼ 5.8%
2024 · €434k
2018: €357k
2019: €289k
2020: €377k
2021: €342k
2022: €347k
2023: €386k
2024: €434k
2018 → 2025
Net result
€-25k
2024 · €48k
2018: €66k
2019: €82k
2020: €89k
2021: €-35k
2022: €60k
2023: €39k
2024: €48k
2018 → 2025
Total assets
€598k▼ 7.5%
2024 · €646k
2018: €774k
2019: €770k
2020: €679k
2021: €798k
2022: €738k
2023: €911k
2024: €646k
2018 → 2025
Solvency
68.4%▲ 1.2pp
2024 · 67.2%
2018: 46.1%
2019: 37.5%
2020: 55.6%
2021: 42.9%
2022: 47.1%
2023: 42.3%
2024: 67.2%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€342k-€347k▲ 1.5%€386k▲ 11.1%€434k▲ 12.5%€409k▼ 5.8%
Operating result€-10k-€30k€60k▲ 97.8%€49k▼ 17.3%€-16k
Net result€-35k-€60k€39k▼ 35.9%€48k▲ 25.0%€-25k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €16k after €49k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €598k
Fixed assets
€264k▼ 12.9%
Current assets
€334k▼ 2.7%
Equity and liabilities €598k
Equity
€409k▼ 5.8%
Debt
€189k▼ 10.9%
The debt ratio falls from 32.8% to 31.6%: debt falls faster than equity shrinks.
Key figures and ratios
Solvency
68.4%▲
2024 · 67.2%
ROE
-6.1%▼
2024 · 11.1%
ROA
-4.2%▼
2024 · 7.5%
Debt
€189k▼
2024 · €212k
Debt ≤ 1 year
€31k▼
2024 · €39k
Debt > 1 year
€158k▼
2024 · €173k
Income taxes
€7k▲
2024 · €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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€646k€598k▼
Fixed assets21/28€303k€264k▼
Tangible fixed assets22/27€303k€264k▼
Land and buildings22€275k€243k▼
Plant, machinery and equipment23€995€770▼
Furniture and vehicles24€23k€16k▼
Other tangible fixed assets26€5k€5k=
Current assets29/58€343k€334k▼
Amounts receivable after more than one year29€224k€211k▼
Other amounts receivable291€224k€211k▼
Amounts receivable within one year40/41€111k€119k▲
Trade receivables40€13k€714▼
Other amounts receivable41€98k€118k▲
Current investments50/53€0€0=
Cash at bank and in hand54/58€6k€3k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€646k€598k▼
Equity10/15€434k€409k▼
Contributions10/11€19k€19k=
Reserves13€415k€391k▼
Tax-exempt reserves132€46k€46k=
Distributable reserves133€369k€345k▼
Profit (loss) carried forward14-€-680
Amounts payable17/49€212k€189k▼
Amounts payable after more than one year17€173k€158k▼
Financial debts170/4€173k€158k▼
Amounts payable within one year42/48€39k€31k▼
Current portion of amounts payable after more than one year42€22k€15k▼
Financial debts43€4k€5k▲
Credit institutions430/8€4k€5k▲
Trade debts44€8k€6k▼
Suppliers440/4€8k€6k▼
Taxes, remuneration and social security45€5k€5k▲
Taxes450/3€5k€5k▲
Income statement
Code20242025
Non-recurring operating income76A€135k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€39k▼
Other operating charges640/8€5k€4k▼
Gross operating margin9900€94k€27k▼
Operating profit (loss)9901€49k€-16k▼
Financial income75/76B€10k€11k▲
Recurring financial income75€10k€11k▲
Financial charges65/66B€6k€13k▲
Recurring financial charges65€6k€6k▼
Non-recurring financial charges66B-€8k
Profit (loss) for the period before taxes9903€53k€-18k▼
Income taxes67/77€5k€7k▲
Profit (loss) for the period9904€48k€-25k▼
Profit (loss) for the period to be appropriated9905€48k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€48k€-25k▼
Transfer from equity791/2-€24k
Transfer to equity691/2€48k-
To other reserves6921€48k-
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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Liquidity times 7current ratio 10.07
Current ratio from 1.43 to 10.07; short-term debt falls from €175k to €43k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €60k
Net result €60k after one loss-making year.
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-35k ▼139%
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
31-12
Financial
Highest result since 2018net €89k ▲8%
Net result €89k, the highest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
23-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Schilde · 1 establishment unit since 1998
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.
Akkerstraat 512970 SchildeGround area
1,235 m²
Building footprint
164 m²
Volume, LiDAR
1,028 m³
Parcel 11039D0309/00E003, Flanders · tallest building 13.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VELATCO
since 19982.088.677.541
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11039D0309/00E003 | Flanders | 1,235 m² | 1 · 164 m² | 13.7 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.
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Of 24,636 companies in sector 64210 we hold annual accounts for 19,688. 13,686 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-09-1998
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 26 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.