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Velga

Active
Public limited companyfounded 1983active for 42 yearsGentsestraat 61, 8870 Izegem, BelgiumKBO/BCE: BE 0425.729.238
Summary

Velga has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €491,139. Equity has been growing by about 30% per year since 2019. Its solvency ranks better than 61% of 12,777 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 08-12-1983 Normal situation
Registered office
25 active companies are registered at this address Source: KBO register, as of 3 November 2026.
Activity
Retail sale of meat and meat products, excluding game and poultry NACE 47221and 1 other
Joint committees
119 Paritair Comité voor de handel in voedingswaren
201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 30-06-2025
Establishment unit
2.028.569.116 3530 Houthalen-Helchteren, since 06-05-1987
Financial year end
30 June
Peppol
Reachable since 18-03-2026

Board and ownership

Board
  • UNIC MONAChair · permanent representative Pascal Vanhonsebrouck
  • OLSSONManaging director · permanent representative Wesley Theresia Leon OLSSON
  • WILLEMS DISTRICONSULTManaging director · permanent representative René WILLEMS
Shareholders
  • UNIC-MONA· score 9630-11-2025 annual accounts of UNIC-MONA
  • OLSSON· score 9430-09-2024 annual accounts of OLSSON

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts to 30-06-2025
Gross margin
€1.5m
▼ 8.5%
Turnover
≈ €5.9m
estimated
Profit
€491,139
▼ 20.5%
Equity
€1.8m
▲ 20.2%
Total assets
€3.9m
▼ 5.0%
Employees on 30-06-2025
18
▼ 10.0%
Score breakdownraises riskLiquidity: current ratio 0.52, cash €44,879, halvedSector: Retail trade (NACE 47)lowers riskFounded in 1983Profit of €491,139 (financial year 2025)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 69% of small companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 72+10
equity 46.8% of total assets
Liquidity 40+2
short-term debt 28.7% · cash 1.1%
Profitability 84-3
return on assets 12.5%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,697 companies, NACE 47, small)
Last 24 months 12-2024: 0.5%highest value 01-2025: 0.2%▼ -0.3 percentage points vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.3%▲ +0.1 percentage points vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.2%▼ -0.1 percentage points vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026lowest value 05-2026: 0.2%● unchanged vs 04-2026lowest value 06-2026: 0.2%● unchanged vs 05-2026lowest value 07-2026: 0.2%● unchanged vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €160,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.52 (0.48 in 2024), below 1. Short-term debt is 28.7% and cash 1.1% of total assets. 53.2% of the assets are financed with debt and provisions.
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 47, small). It does better than 69% of them on solvency, 44% on liquidity, 86% on profitability and 79% on growth.

The bankruptcy probability was computed on 03-11-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.52, cash €44,879, halved
NBB · annual accounts
lowers risk · Founded in 1983
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Profit of €491,139 (financial year 2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-12-2025, 39 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
39 days early
2024
53 days early
2023
51 days early
2022
50 days early
2021
39 days early
2020
47 days early
2019
64 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 49 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 12 December (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end04-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 95% of companies in retail tradesector median €27,601 · 12,766 companies €491,139 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €491,139 7 years View

Recent changes

  1. · Gazette deed 2 directors appointedAppointments: WILLEMS DISTRICONSULT (bijkomend gedelegeerd bestuurder) and OLSSON (bijkomend gedelegeerd bestuurder) · Permanent representatives: Pascal VANHONSEBROUCK, René WILLEMS and Wesley Theresia Leon OLSSON
  2. · Gazette deed 1 director appointed, 3 reappointedReappointments: Unic Mona, Willems Districonsult and Olsson · Permanent representatives: Pascal Vanhonsebrouck, Réné Willems and Wesley Olsson · Appointment: Unic Mona (chair of the board)
All 16 events

Comparable companies

These companies have the same main activity as Velga: retail sale of meat and meat products, excluding game and poultry (NACE 47221). They are comparable in size and age: total assets between €2.9m and €5.8m, founded between 1971 and 1998.

CompanyTotal assetsGross margin
Velga Izegem€3.9m€1.5m
Super Claeys Gent€3.3m€1.4m
Janssens vleeswaren Lubbeek€3.0m€1.2m
MARCO Ingelmunster€2.9m€1.5m
ANTOON & C° Diksmuide€5.8m€1.8m
A.D. FRESH - MEAT Oudenaarde€3.0m€1.6m
RIJMENANTS Brasschaat€3.5m€1.4m
Full comparison

Key facts about Velga

What is the company number of Velga?
The company number of Velga is 0425.729.238. The VAT number is the same number with BE in front: BE 0425.729.238.
Where is Velga based?
The registered office is at Gentsestraat 61, 8870 Izegem.Company details
What does Velga do?
According to the KBO register, the main activity is retail sale of meat and meat products, excluding game and poultry (NACE 47221).
What is the legal form of Velga?
The legal form of Velga is Public limited company (NV).
When was Velga founded?
Velga was founded on 08-12-1983.
Is Velga still active?
Yes, Velga is an active enterprise in the KBO register.
How many employees does Velga have?
Velga had an average of 15.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Velga fall under?
In its 30-06-2025 annual accounts, Velga states joint committees 119 (Paritair Comité voor de handel in voedingswaren) and 201 (Paritair Comité voor de zelfstandige kleinhandel).
What is the turnover of Velga?
The turnover in financial year 2025 is ≈ €5.9m. This figure is estimated from the gross margin of €1.5m and 87 comparable companies (NACE 47). It probably lies between €3.5m and €11.0m.
Is Velga profitable?
In financial year 2025, Velga made a profit of €491,139.
Where can I find the annual accounts of Velga?
Velga filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Velga due?
Velga must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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