VELDAN
ActiveSummary
VELDAN has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30,241 and a net result of €776. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 95% of 28806 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability44▼-56
Solvency100=
Growth65=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 18.78 against 6.43 in 2024; short-term debt: 5.3% and cash: 5.7% of total assets), and 5.3% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
94.7%
Return on assets
2.4%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-03-2026, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
41 d early
2024
6 d early
2023
6 d early
2022
5 d early
2021
8 d early
2020
7 d early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 24 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close01-10-2026 today30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€60,904▼ 3.3%
2022 · €63,009
EBIT margin
-13.6%▼ 16.8pp
2022 · 3.2%
Net result
€776▼ 91.9%
2024 · €9,565
Working capital
€30,091▲ 2.6%
2024 · €29,315
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€55,308▲ 16.1%€63,009▲ 13.9%€60,904▼ 3.3%
Operating result€398▲ 22.4%€2,036▲ 412%-€8,258€11,732€268▼ 97.7%
Net result€242below the sector's middle half▲ 73.1%€1,273within the sector's middle half▲ 427%€2,099within the sector's middle half▲ 64.8%€9,565within the sector's middle half▲ 356%€776within the sector's middle half▼ 91.9%
EBIT margin0.7%=3.2%▲ 2.5pp-13.6%▼ 16.8pp
Equity€16,527below the sector's middle half▲ 1.5%€17,801below the sector's middle half▲ 7.7%€19,899below the sector's middle half▲ 11.8%€29,465within the sector's middle half▲ 48.1%€30,241within the sector's middle half▲ 2.6%
Total assets€20,318below the sector's middle half▲ 5.1%€21,716below the sector's middle half▲ 6.9%€21,960below the sector's middle half▲ 1.1%€34,863below the sector's middle half▲ 58.8%€31,933below the sector's middle half▼ 8.4%
Debt€3,790▲ 24.2%€3,915▲ 3.3%€2,061▼ 47.4%€5,398▲ 162%€1,692▼ 68.7%
Working capital€16,377within the sector's middle half▲ 1.5%€17,651within the sector's middle half▲ 7.8%€19,749within the sector's middle half▲ 11.9%€29,315within the sector's middle half▲ 48.4%€30,091within the sector's middle half▲ 2.6%
Solvency81.3%above the sector's middle half▼ 2.9pp82.0%above the sector's middle half▲ 0.6pp90.6%above the sector's middle half▲ 8.6pp84.5%above the sector's middle half▼ 6.1pp94.7%above the sector's middle half▲ 10.2pp
Current ratio5.32above the sector's middle half▼ 0.975.51above the sector's middle half▲ 0.1910.58above the sector's middle half▲ 5.076.43above the sector's middle half▼ 4.1518.78above the sector's middle half▲ 12.35
Return on assets (ROA)1.2%within the sector's middle half▲ 0.5pp5.9%within the sector's middle half▲ 4.7pp9.6%within the sector's middle half▲ 3.7pp27.4%above the sector's middle half▲ 17.9pp2.4%within the sector's middle half▼ 25.0pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
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 2025; 2025 is 98% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €31,933
Fixed assets
€150 =
Current assets
€31,783 ▼ 8.4%
Equity and liabilities €31,933
Equity
€30,241 ▲ 2.6%
Debt
€1,692 ▼ 68.7%
Debt's share of the balance-sheet total falls from 15.5% to 5.3%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
0.06▼
2024 · 0.18
ROE
2.6%▼
2024 · 32.5%
Debt ≤ 1 year
€1,692▼
2024 · €5,398
Income taxes
€668▼
2024 · €2,785
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.7%
went bankrupt
4.0%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 10,905 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €55,308 | €63,009 | €60,904 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €54,530 | €60,270 | €68,724 | - | - | - |
| Other operating charges640/8 | €380 | €702 | €438 | €450 | €795 | ▲ 76.8% |
| Gross operating margin9900 | €778 | €2,739 | -€7,820 | €12,182 | €1,063 | ▼ 91.3% |
| Operating profit (loss)9901 | €398 | €2,036 | -€8,258 | €11,732 | €268 | ▼ 97.7% |
| Financial income75/76B | €778 | €592 | €11,989 | €1,168 | €1,623 | ▲ 38.9% |
| Recurring financial income75 | €778 | €592 | €871 | €1,168 | €1,623 | ▲ 38.9% |
| Non-recurring financial income76B | - | - | €11,118 | - | - | - |
| Financial charges65/66B | €402 | €589 | €415 | €549 | €446 | ▼ 18.7% |
| Recurring financial charges65 | €402 | €589 | €415 | €549 | €446 | ▼ 18.7% |
| Profit (loss) for the period before taxes9903 | €775 | €2,039 | €3,316 | €12,351 | €1,445 | ▼ 88.3% |
| Income taxes67/77 | €533 | €765 | €1,217 | €2,785 | €668 | ▼ 76.0% |
| Profit (loss) for the period9904 | €242 | €1,273 | €2,099 | €9,565 | €776 | ▼ 91.9% |
| Profit (loss) for the period to be appropriated9905 | €242 | €1,273 | €2,099 | €9,565 | €776 | ▼ 91.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €20,318 | €21,716 | €21,960 | €34,863 | €31,933 | ▼ 8.4% |
| Fixed assets21/28 | €150 | €150 | €150 | €150 | €150 | = |
| Financial fixed assets28 | €150 | €150 | €150 | €150 | €150 | = |
| Current assets29/58 | €20,168 | €21,566 | €21,810 | €34,713 | €31,783 | ▼ 8.4% |
| Amounts receivable within one year40/41 | €19,575 | €20,659 | €21,187 | €34,309 | €29,625 | ▼ 13.7% |
| Trade receivables40 | €7,416 | €9,497 | €3,576 | €4,614 | €2,140 | ▼ 53.6% |
| Other amounts receivable41 | €12,160 | €11,162 | €17,611 | €29,695 | €27,485 | ▼ 7.4% |
| Cash at bank and in hand54/58 | €592 | €907 | €624 | €404 | €1,807 | ▲ 347% |
| Deferred charges and accrued income490/1 | - | - | - | - | €352 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €20,318 | €21,716 | €21,960 | €34,863 | €31,933 | ▼ 8.4% |
| Equity10/15 | €16,527 | €17,801 | €19,899 | €29,465 | €30,241 | ▲ 2.6% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €8,060 | €8,060 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | - | - | - |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | - | - | - |
| Profit (loss) carried forward14 | €8,467 | €9,741 | €11,839 | €21,405 | €22,181 | ▲ 3.6% |
| Amounts payable17/49 | €3,790 | €3,915 | €2,061 | €5,398 | €1,692 | ▼ 68.7% |
| Amounts payable within one year42/48 | €3,790 | €3,915 | €2,061 | €5,398 | €1,692 | ▼ 68.7% |
| Financial debts43 | €46 | - | - | €1,509 | - | - |
| Credit institutions430/8 | €46 | - | - | €1,509 | - | - |
| Trade debts44 | €3,645 | €3,915 | €2,061 | €3,104 | €1,692 | ▼ 45.5% |
| Suppliers440/4 | €3,645 | €3,915 | €2,061 | €3,104 | €1,692 | ▼ 45.5% |
| Taxes, remuneration and social security45 | €99 | - | - | €785 | - | - |
| Taxes450/3 | €99 | - | - | €785 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €242 | €1,273 | €2,099 | €9,565 | €776 | ▼ 91.9% |
| Operating cash flow (approximation) | €242 | €1,273 | €2,099 | €9,565 | €776 | ▼ 91.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €315 | -€283 | -€220 | €1,403 | ▲ 739% |
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
20-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Liquidity triplescurrent ratio 18.78
Current ratio from 6.43 to 18.78; short-term debt falls from €5,398 to €1,692.
24-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2019net €9,565 ▲356%
Operating result €11,732, net result €9,565, both a record.
24-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Watermaal-Bosvoorde · 1 establishment unit since 2009
Ground area
2.0 ha
Building footprint
1,925 m²
Volume, LiDAR
51,519 m³
2 parcels, Brussels · tallest building 37.1 m, ±11 floors. Linked by address, not a title deed.
13
companies at this address
See who is registered here
1 establishment unit
Alfred Duboisstraat 27, 1080 Sint-Jans-Molenbeek
since 20092.184.940.935
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0056/00P002 | Brussels | 1.9 ha | 1 · 1,729 m² | 37.0 m · 11 fl. |
| 21524C0295/00D000 | Brussels | 343 m² | 1 · 196 m² | 13.5 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 15,518 companies in this sector we hold annual accounts for 7,427. 5,686 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded04-12-2009
Fiscal year end30-09
Activities, NACEBEL 2025
43990Other specialised construction activities
81230Other cleaning activities
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0821146174
Registered
04-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.