Turnover
≈ €35,000 estimated
The micro format states no turnover.
VELEC
Lifetime
3 annual accounts with figures on one time axispeak €40,768 (2023)
€4,324▼ 56.6%
peak €29,706 (2023)
€1,200▼ 79.9%
peak €38,882 (2025)
€38,882▲ 3.2%
€17,492▲ 154%
Board2 names since 2023
2 directors and 1 other
Documentsfilings and deeds
23-09-202654 days late
2025micro format
Gross margin from €9,963 to €4,324Result from €5,976 to €1,200Debts from €6,894 to €17,492Cash from €28,730 to €42,619
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,547 companies had the same profile as VELEC has now. Each dot stands for 7 companies, two years later.
94.1%
were still trading
3.4%
stopped another way
2.3%
went bankrupt
Another 0.2% 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 2,547 companies, not a prediction for VELEC. 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
- 102 sharesdeed of 16-01-2023
- 98 sharesdeed of 16-01-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0797075427
Incorporation
Founding capital of €2,000, 200 shares · Founders: ; · Appointments: (director) and (director) · published on 16-01-2023 · Gazette deed
First establishment
Stijn Streuvelslaan 34, Zoersel
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VELEC Zoersel | €56,374 | €4,324 | 69.0% | - |
| SOLARUNITY Beveren-Kruibeke-Zwijndrecht | €68,838 | €3,838 | 8.9% | - |
| PSRS Vielsalm | €63,551 | €5,308 | 14.9% | - |
| Vervaecke Technics Wevelgem | €62,678 | €5,498 | 48.5% | - |
| SAMV Projects Kalmthout | €53,278 | €3,727 | 14.6% | - |
| A_K_D Aannemingen Schilde | €57,761 | €6,167 | 14.3% | - |
| Team Jerre Antwerp | €58,228 | €6,863 | 34.6% | - |
These companies have the same main activity as VELEC: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €53,300 and €68,800, founded between 2021 and 2023.
Official details
Source: KBO- Status
- Active since 12-01-2023Normal situation
- Activity
- General electrical installation workNACE 43211
- Establishment unit
- 2.340.677.9972980 Zoersel, since 12-01-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 20-10-2024
Insights on VELEC
VELEC files the micro format. That format states no turnover. The gross margin fell from €40,768 in 2023 to €4,324 in 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 VELEC
- What is the company number of VELEC?
- The company number of VELEC is 0797.075.427. The VAT number is the same number with BE in front: BE 0797.075.427.
- Where is VELEC based?
- The registered office is at Stijn Streuvelslaan 34, 2980 Zoersel.Company details
- What does VELEC do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of VELEC?
- VELEC is a private limited company (BV).
- When was VELEC founded?
- VELEC was founded on 12-01-2023.
- Is VELEC still active?
- Yes, VELEC is an active enterprise in the KBO register.
- What is the turnover of VELEC?
- The turnover in financial year 2025 is ≈ €35,000. This figure is estimated from the gross margin of €4,324 and 97 comparable companies (NACE 43211). It probably lies between €23,000 and €75,000. It is a rough estimate.Financials
- Is VELEC profitable?
- In financial year 2025, VELEC made a profit of €1,200.
- Where can I find the annual accounts of VELEC?
- VELEC filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VELEC due?
- VELEC must file the annual accounts for financial year 2026 by 31-07-2027.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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