VELGO ENGINEERING
ActiveVELGO ENGINEERING has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €366k and a net result of €7k. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 80% of 11297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability44▲+5
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 4.76 against 5.66 in 2024; short-term debt: 20.8% and cash: 92.2% of total assets), and 21% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
79%
Return on assets
1.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
29 d early
2023
on the day
2022
31 d early
2021
31 d early
2020
33 d early
2019
14 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€366k▲ 2.0%
2024 · €359k
2018: €394k
2019: €95k
2020: €109k
2021: €115k
2022: €340k
2023: €350k
2024: €359k
2018 → 2025
Total assets
€463k▲ 5.8%
2024 · €438k
2018: €860k
2019: €813k
2020: €773k
2021: €776k
2022: €772k
2023: €800k
2024: €438k
2018 → 2025
Net result
€7k▼ 22.5%
2024 · €9k
2018: €612
2019: €899
2020: €14k
2021: €6k
2022: €225k
2023: €9k
2024: €9k
2018 → 2025
Working capital
€362k▲ 2.0%
2024 · €355k
2018: €771k
2019: €469k
2020: €440k
2021: €433k
2022: €322k
2023: €357k
2024: €355k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€115k-€340k▲ 196%€350k▲ 2.7%€359k▲ 2.6%€366k▲ 2.0%
Operating result€9k-€333k▲ 3,616%€6k▼ 98.1%€9k▲ 37.8%€8k▼ 1.4%
Net result€6k-€225k▲ 3,385%€9k▼ 95.9%€9k▼ 2.8%€7k▼ 22.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €463k
Fixed assets
€5k▼ 25.0%
Current assets
€458k▲ 6.3%
Equity and liabilities €463k
Equity
€366k▲ 2.0%
Debt
€97k▲ 23.5%
The debt ratio rises from 18.0% to 21.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€10k▼
2024 · €10k
Cash flow
€9k▼
2024 · €11k
Solvency
79.0%▼
2024 · 82.0%
Current ratio
4.76▼
2024 · 5.66
Quick ratio
4.76▼
2024 · 5.66
Debt / equity
0.27▲
2024 · 0.22
ROE
1.9%▼
2024 · 2.5%
ROA
1.5%▼
2024 · 2.1%
Interest coverage
2.76▲
2024 · 2.10
Debt
€97k▲
2024 · €79k
Debt ≤ 1 year
€96k▲
2024 · €76k
Income taxes
€7k▲
2024 · €5k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€438k€463k▲
Fixed assets21/28€6k€5k▼
Tangible fixed assets22/27€6k€5k▼
Plant, machinery and equipment23€6k€5k▼
Current assets29/58€431k€458k▲
Amounts receivable within one year40/41€2k€26k▲
Trade receivables40€2k€25k▲
Other amounts receivable41-€901
Cash at bank and in hand54/58€425k€427k▲
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€438k€463k▲
Equity10/15€359k€366k▲
Contributions10/11€34k€34k=
Reserves13€325k€332k▲
Non-distributable reserves130/1€16k€16k=
Reserves not available under the articles1311€16k€16k=
Tax-exempt reserves132€11k€11k=
Distributable reserves133€298k€305k▲
Amounts payable17/49€79k€97k▲
Amounts payable within one year42/48€76k€96k▲
Trade debts44€15k€51k▲
Suppliers440/4€15k€51k▲
Taxes, remuneration and social security45€10k€4k▼
Taxes450/3€7k€4k▼
Remuneration and social security454/9€3k-
Other amounts payable47/48€51k€41k▼
Accrued charges and deferred income492/3€2k€872▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€1k€9k▲
Gross operating margin9900€12k€19k▲
Operating profit (loss)9901€9k€8k▼
Financial income75/76B€11k€9k▼
Recurring financial income75€11k€9k▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€14k€14k▼
Income taxes67/77€5k€7k▲
Profit (loss) for the period9904€9k€7k▼
Profit (loss) for the period to be appropriated9905€9k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€7k▼
Transfer to equity691/2€9k€7k▼
To other reserves6921€9k€7k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 5.66
Current ratio from 1.82 to 5.66; short-term debt falls from €433k to €76k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €225k ▲3385%
Operating result €333k, net result €225k, both a record.
31-12
Financial
Equity above €200kEq €340k ▲196%
5 profitable years in a row build equity to €340k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €109k ▲14.8%
3 profitable years in a row build equity to €109k.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Lochristi · 1 establishment unit since 1998
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.
Antwerpse Steenweg 1289080 LochristiGround area
3,187 m²
Building footprint
266 m²
Volume, LiDAR
1,759 m³
Parcel 44034D0891/00C003, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VELGO
since 19982.086.379.631
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44034D0891/00C003 | Flanders | 3,187 m² | 1 · 266 m² | 10.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BE 0462.344.065
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VALO
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V en K BEHEER
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Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,673 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-03-1998
Fiscal year end31-12
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.