Skip to content

VELHY

Active
Private limited companyfounded 20241 yr activeBergensesteenweg 700b, 1600 Sint-Pieters-Leeuw, BelgiumKBO/BCE: BE 1017.696.086
Summary

VELHY has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €111,255 and a net result of €11,255. Its solvency ranks better than 64% of 48 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2025
Axes
Profitability76
Solvency80
Growth-
Track record67
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.36; short-term debt: 45.1% and cash: 3.9% of total assets), and 45.1% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 30
Relative position
BE, all sectors
reference
Manufacture of other transport equipment (NACE 30)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
54.9%
Return on assets
5.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-09-2026, 49 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 · 1 filing
Deviation from the deadline
2025
49 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

History

On 19 December 2024, VELHY was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
€111,255
Total assets
€202,761
Net result
€11,255
Working capital
€33,382

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €202,761
Fixed assets €77,873
Current assets €124,888
Equity and liabilities €202,761
Equity €111,255
Debt €91,505
Debt finances 45.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€21,388
Cash flow
€18,016
Current ratio
1.36
Quick ratio
0.11
Debt to equity
0.82
ROE
10.1%
ROA
5.6%
Interest coverage
24.98
Debt ≤ 1 year
€91,505
Income taxes
€2,516

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€202,761
Fixed assets21/28€77,873
Intangible fixed assets21€77,873
Current assets29/58€124,888
Stocks and contracts in progress3€114,479
Stocks30/36€114,479
Amounts receivable within one year40/41€2,537
Other amounts receivable41€2,537
Cash at bank and in hand54/58€7,872
Equity and liabilities
Total equity and liabilities10/49€202,761
Equity10/15€111,255
Contributions10/11€100,000
Profit (loss) carried forward14€11,255
Amounts payable17/49€91,505
Amounts payable within one year42/48€91,505
Trade debts44€31,621
Suppliers440/4€31,621
Taxes, remuneration and social security45€22,382
Taxes450/3€22,382
Other amounts payable47/48€37,503
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,761
Other operating charges640/8€787
Gross operating margin9900€22,175
Operating profit (loss)9901€14,627
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€856
Recurring financial charges65€856
Profit (loss) for the period before taxes9903€13,771
Income taxes67/77€2,516
Profit (loss) for the period9904€11,255
Profit (loss) for the period to be appropriated9905€11,255
Appropriation of the result
Profit (loss) to be appropriated9906€11,255

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,761
Other operating charges640/8€787
Gross operating margin9900€22,175
Operating profit (loss)9901€14,627
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€856
Recurring financial charges65€856
Profit (loss) for the period before taxes9903€13,771
Income taxes67/77€2,516
Profit (loss) for the period9904€11,255
Profit (loss) for the period to be appropriated9905€11,255
Line2025
Assets
Total assets20/58€202,761
Fixed assets21/28€77,873
Intangible fixed assets21€77,873
Current assets29/58€124,888
Stocks and contracts in progress3€114,479
Stocks30/36€114,479
Amounts receivable within one year40/41€2,537
Other amounts receivable41€2,537
Cash at bank and in hand54/58€7,872
Equity and liabilities
Total equity and liabilities10/49€202,761
Equity10/15€111,255
Contributions10/11€100,000
Profit (loss) carried forward14€11,255
Amounts payable17/49€91,505
Amounts payable within one year42/48€91,505
Trade debts44€31,621
Suppliers440/4€31,621
Taxes, remuneration and social security45€22,382
Taxes450/3€22,382
Other amounts payable47/48€37,503
Line2025
Profit (loss) for the period9904€11,255
+ Depreciation and write-downs630€6,761
Operating cash flow (approximation)€18,016

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
18-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 49 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Sint-Pieters-Leeuw · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
3,381 m²
Building footprint
1,541 m²
Parcel 23582D0291/00V000, Flanders. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
VELHY
Bergensesteenweg 700B, 1600 Sint-Pieters-LeeuwManufacture of other transport equipment
since 20242.367.965.681
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23582D0291/00V000 Flanders 3,381 m² 1 · 1,541 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 123 companies in sector 30920 we hold annual accounts for 48. 27 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded19-12-2024
Fiscal year end31-12
Activities, NACEBEL 2025
30920Manufacture of other transport equipment
47632Retail sale of bicycles
46610Wholesale trade
47120Other non-specialised retail sale
47830Retail sale of motorcycles and motorcycle parts and accessories
Contact
E-mail charles@carplug.com
Phone +32488836975
Phone 0488836975Sint-Pieters-Leeuw
E-invoicing
Reachable via Peppol
Peppol ID 0208:1017696086
Also 9925:BE1017696086
Registered 27-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.