VELEKTRO
ActiveSummary
VELEKTRO has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €643,613 and a net result of €24,034. Equity has been growing by about 13% per year since 2019. Its solvency ranks better than 42% of 9,909 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
Source: KBO- Status
- Active since 26-03-2007 Normal situation
- Activity
- General electrical installation work NACE 43211and 4 others
- Joint committees
- 149.01 Paritair Subcomité voor de elektriciens: installatie en distributie
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 30-06-2025
- Establishment unit
- 2.186.951.805 8790 Waregem, since 01-03-2010
- Financial year end
- 30 June
- Peppol
- Reachable since 26-08-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €567,164
- ▲ 15.2%
- Turnover
- ≈ €1.3m
- estimated
- Profit
- €24,034
- Equity
- €643,613
- ▼ 3.8%
- Total assets
- €1.7m
- ▲ 8.4%
- Employees on 30-06-2025
- 7
- =
Score breakdownraises riskSize: 6.8 FTE, total assets €1.7mSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 2.61, cash €270,767Founded in 2007Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 40% of them on solvency, 64% on liquidity, 39% on profitability and 30% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 18 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View
Recent changes
- · Gazette deed 2 directors resigning, 2 reappointedResignations: Gregory Vandeputte (manager) and Hedwig Verstraete (manager) · Reappointments: Gregory Vandeputte (director) and Hedwig Verstraete (director) · “De fabricatie van drijfkrachtmachines,elektrische draad en kabels en buizen voor…” (deed in Dutch)
- · Gazette deed Registered office moved within WaregemNew seat: Groenbek 31, 8790 Waregem · Previous seat: Deerlijkseweg 221, 8790 Waregem
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as VELEKTRO: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €1.5m and €2m, founded between 2004 and 2009.
| Company | Total assets | Gross margin |
|---|---|---|
| VELEKTRO Waregem | €1.7m | €0.6m |
| E & M PROJECTS Oostkamp | €1.8m | €0.5m |
| ELEKTRO TECHNIEK DE PAUW Assenede | €1.7m | €0.6m |
| CREA ACCENT Schilde | €1.7m | €0.5m |
| SEETECH La Roche-en-Ardenne | €1.8m | €0.6m |
| Milaneau Group Boom | €1.5m | €0.6m |
| TiVerTec Sint-Laureins | €2.0m | €0.5m |
Key facts about VELEKTRO
- What is the company number of VELEKTRO?
- The company number of VELEKTRO is 0888.237.116. The VAT number is the same number with BE in front: BE 0888.237.116.
- Where is VELEKTRO based?
- The registered office is at Groenbek 31, 8790 Waregem.Company details
- What does VELEKTRO do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of VELEKTRO?
- The legal form of VELEKTRO is Private limited company (BV).
- When was VELEKTRO founded?
- VELEKTRO was founded on 26-03-2007.
- Is VELEKTRO still active?
- Yes, VELEKTRO is an active enterprise in the KBO register.
- How many employees does VELEKTRO have?
- VELEKTRO had an average of 6.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does VELEKTRO fall under?
- In its 30-06-2025 annual accounts, VELEKTRO states joint committees 149.01 (Paritair Subcomité voor de elektriciens: installatie en distributie) and 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of VELEKTRO?
- The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €567,164 and 34 comparable companies (NACE 43211). It probably lies between €1.1m and €1.6m.
- Is VELEKTRO profitable?
- In financial year 2025, VELEKTRO made a profit of €24,034.
- Where can I find the annual accounts of VELEKTRO?
- VELEKTRO filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VELEKTRO due?
- VELEKTRO must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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