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Velghe

Active
Private limited companyfounded 197254 yrs activeBrugsesteenweg 60, 8740 Pittem, BelgiumKBO/BCE: BE 0412.413.019
Summary

Velghe has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €527,313 and a net result of €27,484. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 80% of 9638 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch ReportCompare
VelgheActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Activity
Wholesale of fruit and vegetables, excluding potatoes
NACE 46319NACE 51310
#1 oldest company in Pittem, Wholesale and retail trade sector2 sites
Size
€699,852total assets 2025
Equity
€527,313
Profit
€27,484
Turnover not published (abridged schema)
Financial health
96 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Accounts 36 d early0 of 2 deeds read
Why 96+ Founded in 1972+ Liquidity: current ratio 2.69, cash €154,929+ Size: total assets €699,852+ Equity €527,313 (75.3% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Better than 71% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 100+5
equity 75.3% of total assets
Liquidity 74+8
short-term debt 16.3% · cash 22.1%
Profitability 74+2
return on assets 3.9%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (26,858 companies)
Last 24 months 11-2024: < 0.1%highest value 12-2024: < 0.1%▼ -7.3% vs 11-2024 01-2025: < 0.1%● 0.0% vs 12-2024 02-2025: < 0.1%● 0.0% vs 01-2025 03-2025: < 0.1%● 0.0% vs 02-2025 04-2025: < 0.1%● 0.0% vs 03-2025 05-2025: < 0.1%● 0.0% vs 04-2025 06-2025: < 0.1%● 0.0% vs 05-2025 07-2025: < 0.1%● 0.0% vs 06-2025 08-2025: < 0.1%▲ +2.6% vs 07-2025 09-2025: < 0.1%● 0.0% vs 08-2025 10-2025: < 0.1%▲ +2.6% vs 09-2025 11-2025: < 0.1%● 0.0% vs 10-2025 12-2025: < 0.1%▼ -15.0% vs 11-2025lowest value 01-2026: < 0.1%● 0.0% vs 12-2025lowest value 02-2026: < 0.1%● 0.0% vs 01-2026lowest value 03-2026: < 0.1%● 0.0% vs 02-2026lowest value 04-2026: < 0.1%● 0.0% vs 03-2026lowest value 05-2026: < 0.1%● 0.0% vs 04-2026lowest value 06-2026: < 0.1%● 0.0% vs 05-2026lowest value 07-2026: < 0.1%▲ +2.9% vs 06-2026 08-2026: < 0.1%● 0.0% vs 07-2026 09-2026: < 0.1%▲ +2.9% vs 08-2026 10-2026: < 0.1%● 0.0% vs 09-2026
  • Founded in 1972 lowers the probability for this profile
  • Liquidity: current ratio 2.69, cash €154,929 lowers the probability
  • Size: total assets €699,852 lowers the probability for this profile
  • Equity €527,313 (75.3% of total assets) lowers the probability
Credit up to €50,000 at 30 days acceptable
Liquidity ample (current ratio 2.69 against 1.89 in 2024; short-term debt: 16.3% and cash: 22.1% of total assets), and 24.7% of the assets are financed with debt.
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 46, micro). Better than this share of them on solvency 90%, liquidity 78%, profitability 60%, growth against the median 56%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. 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

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Founded in 1972
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Liquidity: current ratio 2.69, cash €154,929
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Size: total assets €699,852
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Equity €527,313 (75.3% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 25-11-2025, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
36 d early
2024
43 d early
2023
41 d early
2022
31 d early
2021
11 d early
2020
28 d early
2019
33 d early
← 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 32 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today. Usually files around 25 November (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-05-2026 close07-10-2026 today31-12-2026 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 · abbreviated…
  2. Equity above €500,000Eq €527,313 ▲5.5%
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Positive: Oldest company in Pittem, Wholesale and retail trade…in the Checked rankings #1 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Active since 1972founded 17-05-1972 54 years View

By topic

Financials

Fiscal year
2025
Total assets
€699,852
Profit
€27,484
Solvency
75.3%
Total assets▼ 2.1%
Net result
20192025
Go to Financials

Timeline

Events
15
Since
2016
Next accounts
by 31-12-2026
  1. 25-11-2025Annual accounts filed
  2. 31-05-2025Equity above €500,000
  3. 18-11-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Wholesale of fruit and vegetables, excluding potatoesNACE 46319
Founded
17-05-1972
Year ends
31-05
Peppol
Reachable for e-invoices
Go to Company details

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