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VELDWERK

Active
Private limited company (pre-2019)founded 20179 yrs activePutstraat 15, 9310 Aalst, BelgiumKBO/BCE: BE 0677.538.466
Summary

VELDWERK has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€56,968) and a net result of €4,841. Equity is shrinking by ~25.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 9464 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisWatch ReportCompare
VELDWERKActiveChecked score 54/100
Risk analysis ReportCompare

Overview

Activity
Organisation of conventions and trade shows
NACE 82300
1 site
Size
€33,132total assets 2025
Equity
-€56,968
Profit
€4,841
Turnover not published (abridged schema)
Financial health
54 Fair Checked score 2025
Bankruptcy chance 12 m
0.7%
Structure
Accounts filed 21 d late0 of 1 deed read
Why 54Capped at 59: negative equity- Latest accounts 21 days late; 2 of the last 3 late- Negative equity -€56,968+ Size: total assets €33,132+ Sector Office administrative, office support and other business support activities (NACE 82)Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 27% of its sector peers (NACE 82, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -171.9% of total assets
Liquidity 7-5
short-term debt 271.9% · cash 5.7%
Profitability 74-26
return on assets 14.6%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,603 companies)
Last 24 months 11-2024: 1.3% 12-2024: 1.3%● 0.0% vs 11-2024 01-2025: 1.3%▼ -1.0% vs 12-2024 02-2025: 1.2%▼ -3.9% vs 01-2025 03-2025: 1.3%▲ +1.0% vs 02-2025 04-2025: 1.2%▼ -0.7% vs 03-2025 05-2025: 1.2%▼ -1.4% vs 04-2025 06-2025: 1.2%▼ -3.0% vs 05-2025 07-2025: 1.2%▼ -0.3% vs 06-2025 08-2025: 1.5%▲ +23.1% vs 07-2025 09-2025: 1.7%▲ +16.9% vs 08-2025 10-2025: 2.4%▲ +37.3% vs 09-2025highest value 11-2025: 1.3%▼ -44.6% vs 10-2025 12-2025: 1.3%● 0.0% vs 11-2025 01-2026: 1.3%▼ -1.0% vs 12-2025 02-2026: 1.3%● 0.0% vs 01-2026 03-2026: 1.2%▼ -3.6% vs 02-2026 04-2026: 1.2%▼ -1.6% vs 03-2026 05-2026: 1.2%▼ -1.5% vs 04-2026 06-2026: 1.2%▼ -2.2% vs 05-2026 07-2026: 1.2%▲ +0.9% vs 06-2026 08-2026: 1.5%▲ +25.5% vs 07-2026 09-2026: 0.7%▼ -50.5% vs 08-2026 10-2026: 0.7%▼ -0.8% vs 09-2026lowest value
  • Size: total assets €33,132 lowers the probability for this profile
  • Sector Office administrative, office support and other business support activities (NACE 82) lowers the probability
  • Latest accounts 21 days late; 2 of the last 3 late raises the probability
  • Negative equity -€56,968 raises the probability
No credit on open account
Liquidity short (current ratio 0.37 against 0.5 in 2024; short-term debt: 271.9% and cash: 5.7% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 82, micro). Better than this share of them on solvency 5%, liquidity 6%, profitability 44%, growth against the median 53%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €33,132
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Sector Office administrative, office support and other business support activities (NACE 82)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Latest accounts 21 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Negative equity -€56,968
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 9464 sector peers (2025).
NBB · sector comparison
Position among 9464 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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 · 8 filings
Deviation from the deadline
2025
21 d late
2024
61 d late
2023
57 d late
2022
184 d late
2021
122 d late
2020
52 d late
2019
90 d late
← 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 84 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

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. Usually files around 30 September (4 of the last 5 filed years within 61 days of that day).
Companies Code · seven months
Position in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Highest result since 2018net €22,743 ▲266%

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€56,968 View
  • Caution: Among the weakest 5% on solvencysector median 51.2% · 9,464 companies -171.9% View
  • Total assets 20256 fiscal years filed €33,132 View

By topic

Financials

Fiscal year
2025
Total assets
€33,132
Profit
€4,841
Solvency
-171.9%
Total assets▼ 46.2%
Net result
20182025
Go to Financials

Timeline

Events
11
Since
2019
Next accounts
by 31-07-2027
  1. 21-08-2026Annual accounts filed
  2. 30-09-2025Annual accounts filed
  3. 31-12-2024Highest result since 2018
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Organisation of conventions and trade showsNACE 82300
Founded
26-06-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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