Velektro
ActiveVelektro has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €193k and a net result of €127k. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 15% of 9623 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability51▲+19
Solvency33=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.37 against 1.36 in 2023; short-term debt: 64.4% and cash: 0.7% of total assets), and 91.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 9623 sector peers (2024).
NBB · sector comparisonPosition among 9623 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
11 d late
2022
on the day
2021
7 d early
2020
9 d early
2019
14 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€193k▲ 4.0%
2023 · €185k
2018: €39k
2019: €77k
2020: €111k
2021: €160k
2022: €179k
2023: €185k
2018 → 2024
Total assets
€2.36M▼ 0.7%
2023 · €2.37M
2018: €521k
2019: €588k
2020: €1.13M
2021: €2.06M
2022: €2.37M
2023: €2.37M
2018 → 2024
Net result
€127k▲ 1,919%
2023 · €6k
2018: €22k
2019: €39k
2020: €154k
2021: €209k
2022: €119k
2023: €6k
2018 → 2024
Working capital
€564k▲ 2.1%
2023 · €552k
2018: €101k
2019: €189k
2020: €170k
2021: €390k
2022: €667k
2023: €552k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€111k-€160k▲ 44.3%€179k▲ 11.6%€185k▲ 3.5%€193k▲ 4.0%
Operating result€169k-€242k▲ 42.7%€158k▼ 34.7%€85k▼ 46.3%€232k▲ 174%
Net result€154k-€209k▲ 35.5%€119k▼ 43.3%€6k▼ 94.7%€127k▲ 1,919%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 174% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.36M
Fixed assets
€276k▼ 6.5%
Current assets
€2.08M▲ 0.1%
Equity and liabilities €2.36M
Equity
€193k▲ 4.0%
Debt
€2.16M▼ 1.1%
The debt ratio falls from 92.2% to 91.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€265k▲
2023 · €130k
Cash flow
€160k▲
2023 · €51k
Solvency
8.2%▲
2023 · 7.8%
Current ratio
1.37▲
2023 · 1.36
Quick ratio
0.44▲
2023 · 0.35
Debt / equity
11.23▼
2023 · 11.81
ROE
66.1%▲
2023 · 3.4%
ROA
5.4%▲
2023 · 0.3%
Interest coverage
3.06▲
2023 · 1.58
Debt
€2.16M▼
2023 · €2.19M
Debt ≤ 1 year
€1.52M▼
2023 · €1.53M
Debt > 1 year
€626k▼
2023 · €643k
Income taxes
€21k▲
2023 · €4k
Staff costs
€329k▲
2023 · €327k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.37M€2.36M▼
Fixed assets21/28€295k€276k▼
Tangible fixed assets22/27€160k€141k▼
Land and buildings22€61k€57k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€13k€5k▼
Other tangible fixed assets26€82k€77k▼
Financial fixed assets28€135k€135k▲
Current assets29/58€2.08M€2.08M▲
Stocks and contracts in progress3€1.55M€1.42M▼
Stocks30/36€1.55M€1.42M▼
Amounts receivable within one year40/41€468k€623k▲
Trade receivables40€197k€252k▲
Other amounts receivable41€271k€371k▲
Cash at bank and in hand54/58€45k€16k▼
Deferred charges and accrued income490/1€20k€23k▲
Equity and liabilities
Total equity and liabilities10/49€2.37M€2.36M▼
Equity10/15€185k€193k▲
Contributions10/11€19k€19k=
Reserves13€132k€174k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€130k€174k▲
Profit (loss) carried forward14€34k-
Amounts payable17/49€2.19M€2.16M▼
Amounts payable after more than one year17€643k€626k▼
Financial debts170/4€643k€626k▼
Amounts payable within one year42/48€1.53M€1.52M▼
Current portion of amounts payable after more than one year42€134k€170k▲
Financial debts43€850k€850k=
Credit institutions430/8€850k€850k=
Trade debts44€334k€310k▼
Suppliers440/4€334k€310k▼
Advances received on contracts in progress46€8k-
Taxes, remuneration and social security45€112k€46k▼
Taxes450/3€66k€30k▼
Remuneration and social security454/9€45k€16k▼
Other amounts payable47/48€89k€142k▲
Accrued charges and deferred income492/3€19k€21k▲
Income statement
Code20232024
Non-recurring operating income76A-€1k
Remuneration, social security and pensions62€327k€329k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€33k▼
Other operating charges640/8€70k€18k▼
Gross operating margin9900€526k€611k▲
Operating profit (loss)9901€85k€232k▲
Financial income75/76B€8k€3k▼
Recurring financial income75€8k€3k▼
Financial charges65/66B€82k€87k▲
Recurring financial charges65€82k€87k▲
Profit (loss) for the period before taxes9903€11k€148k▲
Income taxes67/77€4k€21k▲
Profit (loss) for the period9904€6k€127k▲
Profit (loss) for the period to be appropriated9905€6k€127k▲
Appropriation of the result
Profit (loss) to be appropriated9906€41k€162k▲
Profit (loss) brought forward from the previous period14P€34k€34k=
Transfer to equity691/2€6k€42k▲
To other reserves6921€6k€42k▲
Profit to be distributed694/7-€120k
Directors or managers695-€120k
Social balance
Average headcount (FTE)90878.07.9▼
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
11-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 11 days late
2023
31-12
Financial
Weakest financial yearnet €6k ▼94.7%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €209k ▲35.5%
Operating result €242k, net result €209k, both a record.
31-12
Financial
Equity above €150kEq €160k ▲44.3%
4 profitable years in a row build equity to €160k.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €100kEq €111k ▲44.8%
3 profitable years in a row build equity to €111k.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Pelt · 1 establishment unit since 2017
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.
Kaemerveldstraat 153900 PeltGround area
3,533 m²
Building footprint
2,120 m²
Volume, LiDAR
10,177 m³
2 parcels, Flanders · tallest building 22.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Velektro
since 20172.261.406.926
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72502D1435/00A000 | Flanders | 3,086 m² | 1 · 2,006 m² | 22.0 m · 2 fl. |
| 72029B0248/00K000 | Flanders | 447 m² | 1 · 113 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2022 to 2024 · 2 entries · 3,200 EUR awarded · 3,200 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
| 2022 | 1 | 1,200 EUR | 1,200 EUR |
Schemes
Hinderpremie bij openbare werken
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
4 live approvalsFietshersteller (vwo)
Fietshersteller duaal (so)
Fietsinstallaties duaal (so)
Fietstechnicus (vwo)
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Of 1,467 companies in sector 47632 we hold annual accounts for 733. 638 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-02-2017
Fiscal year end31-12
Activities, NACEBEL
47632Retail sale of bicycles
47785Retail trade
43211General electrical installation work
46460Wholesale of pharmaceutical and medical goods
46495Wholesale trade
47120Other non-specialised retail sale
47740Retail trade
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
47910Retail trade
68110Buying and selling of own real estate
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.