Velda Cable Technics
ActiveSummary
Velda Cable Technics has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.34M and a net result of €249k. Equity is growing by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 72% of 4886 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▼-15
Solvency91=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 2.88 against 2.87 in 2024; short-term debt: 33.6% and cash: 28% of total assets), and 33.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
66.3%
Return on assets
12.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
29 d early
2023
on the day
2022
40 d early
2021
46 d early
2020
3 d early
2019
3 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€249k▼ 54.2%
2024 · €543k
2019: €113klowest in 7 years
2020: €119k▲ +5.1% vs 2019
2021: €365k▲ +206% vs 2020
2022: €445k▲ +21.9% vs 2021
2023: €643k▲ +44.4% vs 2022highest in 7 years
2024: €543k▼ -15.5% vs 2023
2025: €249k▼ -54.2% vs 2024
2019 → 2025
Working capital
€1.28M▼ 9.9%
2024 · €1.42M
2019: €916k
2020: €834k▼ -8.9% vs 2019lowest in 7 years
2021: €1.00M▲ +20.3% vs 2020
2022: €1.27M▲ +26.4% vs 2021
2023: €1.40M▲ +10.7% vs 2022
2024: €1.42M▲ +0.9% vs 2023highest in 7 years
2025: €1.28M▼ -9.9% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.06M-€1.31M▲ 23.0%€1.45M▲ 10.9%€1.49M▲ 2.9%€1.34M▼ 10.2%
2021: €1.06Mlowest in 5 years
2022: €1.31M▲ +23.0% vs 2021
2023: €1.45M▲ +10.9% vs 2022
2024: €1.49M▲ +2.9% vs 2023highest in 5 years
2025: €1.34M▼ -10.2% vs 2024
Operating result€500k-€648k▲ 29.6%€895k▲ 38.1%€762k▼ 14.8%€339k▼ 55.5%
2021: €500k
2022: €648k▲ +29.6% vs 2021
2023: €895k▲ +38.1% vs 2022highest in 5 years
2024: €762k▼ -14.8% vs 2023
2025: €339k▼ -55.5% vs 2024lowest in 5 years
Net result€365k-€445k▲ 21.9%€643k▲ 44.4%€543k▼ 15.5%€249k▼ 54.2%
2021: €365k
2022: €445k▲ +21.9% vs 2021
2023: €643k▲ +44.4% vs 2022highest in 5 years
2024: €543k▼ -15.5% vs 2023
2025: €249k▼ -54.2% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 56% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.02M
Fixed assets
€65k ▼ 14.9%
Current assets
€1.96M ▼ 10.0%
Equity and liabilities €2.02M
Equity
€1.34M ▼ 10.2%
Provisions
€2k ▼ 9.5%
Debt
€680k ▼ 10.2%
Debt's share of the balance-sheet total stays at 33.6%.
Key figures and ratios
EBITDA
€362k▼
2024 · €788k
Cash flow
€272k▼
2024 · €569k
Current ratio
2.88▲
2024 · 2.87
Quick ratio
1.47▼
2024 · 1.59
Debt to equity
0.51▼
2024 · 0.51
ROE
18.6%▼
2024 · 36.4%
ROA
12.3%▼
2024 · 24.1%
Interest coverage
25.70▲
2024 · 21.01
Debt ≤ 1 year
€680k▼
2024 · €757k
Income taxes
€87k▼
2024 · €186k
Staff costs
€172k▼
2024 · €303k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.25M€2.02M▼
Fixed assets21/28€76k€65k▼
Tangible fixed assets22/27€76k€65k▼
Plant, machinery and equipment23€55k€47k▼
Furniture and vehicles24€6k€5k▼
Other tangible fixed assets26€15k€13k▼
Current assets29/58€2.17M€1.96M▼
Stocks and contracts in progress3€967k€960k▼
Stocks30/36€967k€960k▼
Amounts receivable within one year40/41€355k€430k▲
Trade receivables40€341k€325k▼
Other amounts receivable41€14k€105k▲
Cash at bank and in hand54/58€851k€566k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€2.25M€2.02M▼
Equity10/15€1.49M€1.34M▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.43M€1.27M▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€1.42M€1.27M▼
Investment grants15€4k€4k▼
Provisions and deferred taxes16€2k€2k▼
Deferred taxes168€2k€2k▼
Amounts payable17/49€757k€680k▼
Amounts payable within one year42/48€757k€680k▼
Trade debts44€197k€206k▲
Suppliers440/4€197k€206k▲
Taxes, remuneration and social security45€38k€32k▼
Taxes450/3€12k€15k▲
Remuneration and social security454/9€26k€17k▼
Other amounts payable47/48€522k€442k▼
Income statement
Code20242025
Remuneration, social security and pensions62€303k€172k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€23k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€16k€705▼
Other operating charges640/8€12k€9k▼
Non-recurring operating charges66A€5k-
Gross operating margin9900€1.12M€544k▼
Operating profit (loss)9901€762k€339k▼
Financial income75/76B€4k€11k▲
Recurring financial income75€4k€11k▲
Financial charges65/66B€38k€14k▼
Recurring financial charges65€38k€14k▼
Profit (loss) for the period before taxes9903€729k€336k▼
Transfer from deferred taxes780€302€202▼
Income taxes67/77€186k€87k▼
Profit (loss) for the period9904€543k€249k▼
Profit (loss) for the period to be appropriated9905€543k€249k▼
Appropriation of the result
Profit (loss) to be appropriated9906€543k€249k▼
Transfer from equity791/2-€400k
Transfer to equity691/2€43k€249k▲
To other reserves6921€43k€249k▲
Profit to be distributed694/7€500k€400k▼
Return on contributions (dividend)694€500k€400k▼
Social balance
Average headcount (FTE)90874.03.9▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €148k | €198k | €303k | €172k | ▼ 43.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31k | €22k | €17k | €26k | €23k | ▼ 11.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €258k | €44k | €16k | €705 | ▼ 95.6% |
| Other operating charges640/8 | - | €9k | €8k | €12k | €9k | ▼ 27.5% |
| Non-recurring operating charges66A | - | €16k | - | €5k | - | - |
| Gross operating margin9900 | €739k | €1.10M | €1.16M | €1.12M | €544k | ▼ 51.6% |
| Operating profit (loss)9901 | €500k | €648k | €895k | €762k | €339k | ▼ 55.5% |
| Financial income75/76B | - | €1k | €726 | €4k | €11k | ▲ 150% |
| Recurring financial income75 | €3k | €1k | €726 | €4k | €11k | ▲ 150% |
| Financial charges65/66B | - | €54k | €36k | €38k | €14k | ▼ 62.4% |
| Recurring financial charges65 | €16k | €54k | €36k | €38k | €14k | ▼ 62.4% |
| Profit (loss) for the period before taxes9903 | €487k | €596k | €860k | €729k | €336k | ▼ 53.9% |
| Transfer from deferred taxes780 | - | €202 | €202 | €302 | €202 | ▼ 33.3% |
| Income taxes67/77 | €122k | €151k | €217k | €186k | €87k | ▼ 53.2% |
| Profit (loss) for the period9904 | €365k | €445k | €643k | €543k | €249k | ▼ 54.2% |
| Profit (loss) for the period to be appropriated9905 | €365k | €445k | €643k | €543k | €249k | ▼ 54.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.78M | €2.01M | €2.16M | €2.25M | €2.02M | ▼ 10.2% |
| Fixed assets21/28 | €76k | €40k | €47k | €76k | €65k | ▼ 14.9% |
| Intangible fixed assets21 | €6k | €640 | €383 | - | - | - |
| Tangible fixed assets22/27 | €69k | €40k | €46k | €76k | €65k | ▼ 14.9% |
| Plant, machinery and equipment23 | - | €40k | €46k | €55k | €47k | ▼ 15.2% |
| Furniture and vehicles24 | - | - | €943 | €6k | €5k | ▼ 22.9% |
| Other tangible fixed assets26 | - | - | - | €15k | €13k | ▼ 10.2% |
| Current assets29/58 | €1.70M | €1.97M | €2.11M | €2.17M | €1.96M | ▼ 10.0% |
| Stocks and contracts in progress3 | €675k | €1.01M | €831k | €967k | €960k | ▼ 0.8% |
| Stocks30/36 | - | €1.01M | €831k | €967k | €960k | ▼ 0.8% |
| Amounts receivable within one year40/41 | €404k | €425k | €452k | €355k | €430k | ▲ 21.3% |
| Trade receivables40 | - | €373k | €452k | €341k | €325k | ▼ 4.8% |
| Other amounts receivable41 | - | €52k | - | €14k | €105k | ▲ 675% |
| Cash at bank and in hand54/58 | €623k | €532k | €819k | €851k | €566k | ▼ 33.6% |
| Deferred charges and accrued income490/1 | - | €4k | €6k | €2k | €1k | ▼ 27.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.78M | €2.01M | €2.16M | €2.25M | €2.02M | ▼ 10.2% |
| Equity10/15 | €1.06M | €1.31M | €1.45M | €1.49M | €1.34M | ▼ 10.2% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Reserves13 | €995k | €1.24M | €1.38M | €1.43M | €1.27M | ▼ 10.6% |
| Non-distributable reserves130/1 | - | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Distributable reserves133 | - | €1.23M | €1.38M | €1.42M | €1.27M | ▼ 10.7% |
| Investment grants15 | - | €5k | €5k | €4k | €4k | ▼ 9.5% |
| Provisions and deferred taxes16 | €3k | €3k | €2k | €2k | €2k | ▼ 9.5% |
| Deferred taxes168 | - | €3k | €2k | €2k | €2k | ▼ 9.5% |
| Amounts payable17/49 | €716k | €700k | €704k | €757k | €680k | ▼ 10.2% |
| Amounts payable within one year42/48 | €701k | €700k | €704k | €757k | €680k | ▼ 10.2% |
| Trade debts44 | €429k | €256k | €70k | €197k | €206k | ▲ 4.4% |
| Suppliers440/4 | - | €256k | €70k | €197k | €206k | ▲ 4.4% |
| Taxes, remuneration and social security45 | - | €42k | €104k | €38k | €32k | ▼ 15.0% |
| Taxes450/3 | - | €19k | €73k | €12k | €15k | ▲ 32.4% |
| Remuneration and social security454/9 | - | €23k | €31k | €26k | €17k | ▼ 35.7% |
| Other amounts payable47/48 | - | €402k | €529k | €522k | €442k | ▼ 15.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €365k | €445k | €643k | €543k | €249k | ▼ 54.2% |
| + Depreciation and write-downs630 | €31k | €22k | €17k | €26k | €23k | ▼ 11.0% |
| Operating cash flow (approximation) | €396k | €468k | €659k | €569k | €272k | ▼ 52.2% |
| Investment in fixed assets (approximation) | - | €13k | €-23k | €-56k | €-12k | ▲ 78.8% |
| Change in cash | - | €-92k | €288k | €32k | €-286k | ▼ 1,000% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Highest result since 2019net €643k ▲44.4%
Operating result €895k, net result €643k, both a record.
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
16-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Equity above €1MEq €1.06M ▲18.3%
3 profitable years in a row build equity to €1.06M.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
26-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
12-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
7 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, Ronse · 1 establishment unit since 1992
Ground area
1.1 ha
Building footprint
3,137 m²
Volume, LiDAR
17,000 m³
Parcel 45422C1122/00C000, Flanders · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Klein Frankrijkstraat 24, 9600 Ronse
since 19922.058.167.576
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45422C1122/00C000 | Flanders | 1.1 ha | 1 · 3,137 m² | 6.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 4 entries · 4,133 EUR awarded · 4,133 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,074 EUR | 1,074 EUR |
| 2024 | 2 | 987 EUR | 987 EUR |
| 2023 | 1 | 2,072 EUR | 2,072 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
GANTIS
BE 0471.569.161
Huldenberg · Eq €1,330,557
DE STER TRADE AND INVESTMENT
BE 0417.574.211
Zaventem · Eq €1,350,524
RETAILWANZE
BE 0500.885.333
Wanze · Eq €1,353,882
RES SYSTEMS
BE 0860.937.455
Keerbergen · Eq €1,321,508
GOVENTOUT
BE 0473.480.061
Grez-Doiceau · Eq €1,368,914
Of 6,149 companies in sector 46190 we hold annual accounts for 2,570. 1,023 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded25-06-1992
Fiscal year end31-12
Activities, NACEBEL 2025
25930Manufacture of fabricated metal products, except machinery and equipment
46190Agents in non-specialised wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.