Veligab
ActiveSummary
The computed 12-month bankruptcy probability of Veligab is 5.7% (elevated). The 2024 annual accounts show equity of €48k and a net result of €13k. Equity is growing by ~31.7% per year across the filed fiscal years. Its solvency ranks better than 69% of 6720 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability65▼-21
Solvency82▲+2
Growth52=
Track record94
Bankruptcy probability, 12 months
5.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity ample (current ratio 1.65 against 2.08 in 2023; short-term debt: 43.4% and cash: 1.2% of total assets), and 43.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
56.6%
Return on assets
15.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-10-2025, 67 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
67 d late
2023
7 d early
2022
53 d late
2021
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€48k▲ 37.7%
2023 · €35k
2021: €23klowest in 4 years
2022: €26k▲ +15.5% vs 2021
2023: €35k▲ +34.5% vs 2022
2024: €48k▲ +37.7% vs 2023highest in 4 years
2021 → 2024
Total assets
€85k▲ 33.2%
2023 · €64k
2021: €46k
2022: €44k▼ -3.4% vs 2021lowest in 4 years
2023: €64k▲ +45.1% vs 2022
2024: €85k▲ +33.2% vs 2023highest in 4 years
2021 → 2024
Net result
€13k▲ 46.9%
2023 · €9k
2021: €21khighest in 4 years
2022: €3k▼ -83.0% vs 2021lowest in 4 years
2023: €9k▲ +158% vs 2022
2024: €13k▲ +46.9% vs 2023
2021 → 2024
Working capital
€24k▼ 23.4%
2023 · €31k
2021: €12klowest in 4 years
2022: €18k▲ +42.9% vs 2021
2023: €31k▲ +78.3% vs 2022highest in 4 years
2024: €24k▼ -23.4% vs 2023
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€23k-€26k▲ 15.5%€35k▲ 34.5%€48k▲ 37.7%
2021: €23klowest in 4 years
2022: €26k▲ +15.5% vs 2021
2023: €35k▲ +34.5% vs 2022
2024: €48k▲ +37.7% vs 2023highest in 4 years
Operating result€27k-€6k▼ 78.0%€15k▲ 151%€33k▲ 125%
2021: €27k
2022: €6k▼ -78.0% vs 2021lowest in 4 years
2023: €15k▲ +151% vs 2022
2024: €33k▲ +125% vs 2023highest in 4 years
Net result€21k-€3k▼ 83.0%€9k▲ 158%€13k▲ 46.9%
2021: €21khighest in 4 years
2022: €3k▼ -83.0% vs 2021lowest in 4 years
2023: €9k▲ +158% vs 2022
2024: €13k▲ +46.9% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 125% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €85k
Fixed assets
€24k ▲ 537%
Current assets
€61k ▲ 1.2%
Equity and liabilities €85k
Equity
€48k ▲ 37.7%
Debt
€37k ▲ 27.8%
Debt's share of the balance-sheet total falls from 45.2% to 43.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€41k▲
2023 · €17k
Cash flow
€20k▲
2023 · €11k
Current ratio
1.65▼
2023 · 2.08
Debt to equity
0.77▼
2023 · 0.83
ROE
27.4%▲
2023 · 25.7%
ROA
15.5%▲
2023 · 14.1%
Interest coverage
3.17▼
2023 · 6.30
Debt ≤ 1 year
€37k▲
2023 · €29k
Income taxes
€7k▲
2023 · €3k
Staff costs
€184
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€64k€85k▲
Fixed assets21/28€4k€24k▲
Tangible fixed assets22/27€4k€14k▲
Plant, machinery and equipment23€2k€931▼
Furniture and vehicles24€2k€13k▲
Financial fixed assets28-€10k
Current assets29/58€60k€61k▲
Amounts receivable within one year40/41€47k€60k▲
Trade receivables40€16k€20k▲
Other amounts receivable41€32k€40k▲
Cash at bank and in hand54/58€13k€1k▼
Deferred charges and accrued income490/1€406€315▼
Equity and liabilities
Total equity and liabilities10/49€64k€85k▲
Equity10/15€35k€48k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€33k€46k▲
Amounts payable17/49€29k€37k▲
Amounts payable within one year42/48€29k€37k▲
Current portion of amounts payable after more than one year42-€440
Financial debts43€3k-
Credit institutions430/8€3k-
Trade debts44€8k€26k▲
Suppliers440/4€8k€26k▲
Taxes, remuneration and social security45€18k€11k▼
Taxes450/3€18k€11k▼
Income statement
Code20232024
Remuneration, social security and pensions62-€184
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€7k▲
Other operating charges640/8€5k€23k▲
Gross operating margin9900€21k€64k▲
Operating profit (loss)9901€15k€33k▲
Financial income75/76B€72€0▼
Recurring financial income75€72€0▼
Financial charges65/66B€3k€13k▲
Recurring financial charges65€3k€13k▲
Profit (loss) for the period before taxes9903€12k€21k▲
Income taxes67/77€3k€7k▲
Profit (loss) for the period9904€9k€13k▲
Profit (loss) for the period to be appropriated9905€9k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€33k€46k▲
Profit (loss) brought forward from the previous period14P€24k€33k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €184 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €5k | €2k | €7k | ▲ 334% |
| Other operating charges640/8 | €679 | €5k | €5k | €23k | ▲ 391% |
| Gross operating margin9900 | €32k | €16k | €21k | €64k | ▲ 200% |
| Operating profit (loss)9901 | €27k | €6k | €15k | €33k | ▲ 125% |
| Financial income75/76B | - | €181 | €72 | €0 | ▼ 100.0% |
| Recurring financial income75 | - | €181 | €72 | €0 | ▼ 100.0% |
| Financial charges65/66B | €854 | €1k | €3k | €13k | ▲ 390% |
| Recurring financial charges65 | €854 | €1k | €3k | €13k | ▲ 390% |
| Profit (loss) for the period before taxes9903 | €26k | €5k | €12k | €21k | ▲ 67.2% |
| Income taxes67/77 | €5k | €1k | €3k | €7k | ▲ 123% |
| Profit (loss) for the period9904 | €21k | €3k | €9k | €13k | ▲ 46.9% |
| Profit (loss) for the period to be appropriated9905 | €21k | €3k | €9k | €13k | ▲ 46.9% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €46k | €44k | €64k | €85k | ▲ 33.2% |
| Fixed assets21/28 | €10k | €9k | €4k | €24k | ▲ 537% |
| Tangible fixed assets22/27 | €10k | €9k | €4k | €14k | ▲ 276% |
| Plant, machinery and equipment23 | - | €3k | €2k | €931 | ▼ 50.0% |
| Furniture and vehicles24 | €10k | €6k | €2k | €13k | ▲ 585% |
| Financial fixed assets28 | - | - | - | €10k | - |
| Current assets29/58 | €35k | €36k | €60k | €61k | ▲ 1.2% |
| Amounts receivable within one year40/41 | €23k | €35k | €47k | €60k | ▲ 26.0% |
| Trade receivables40 | €22k | €21k | €16k | €20k | ▲ 28.0% |
| Other amounts receivable41 | €525 | €14k | €32k | €40k | ▲ 25.1% |
| Cash at bank and in hand54/58 | €11k | €941 | €13k | €1k | ▼ 91.6% |
| Deferred charges and accrued income490/1 | €1k | €50 | €406 | €315 | ▼ 22.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €46k | €44k | €64k | €85k | ▲ 33.2% |
| Equity10/15 | €23k | €26k | €35k | €48k | ▲ 37.7% |
| Contributions10/11 | €2k | €2k | €2k | €2k | = |
| Outside capital11 | €2k | €2k | - | - | - |
| Other1109/19 | €2k | €2k | - | - | - |
| Profit (loss) carried forward14 | €21k | €24k | €33k | €46k | ▲ 40.0% |
| Amounts payable17/49 | €23k | €18k | €29k | €37k | ▲ 27.8% |
| Amounts payable within one year42/48 | €23k | €18k | €29k | €37k | ▲ 27.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €440 | - |
| Financial debts43 | - | €2k | €3k | - | - |
| Credit institutions430/8 | - | €2k | €3k | - | - |
| Trade debts44 | €5k | €5k | €8k | €26k | ▲ 206% |
| Suppliers440/4 | €5k | €5k | €8k | €26k | ▲ 206% |
| Taxes, remuneration and social security45 | €14k | €11k | €18k | €11k | ▼ 40.2% |
| Taxes450/3 | €14k | €11k | €18k | €11k | ▼ 40.2% |
| Other amounts payable47/48 | €4k | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21k | €3k | €9k | €13k | ▲ 46.9% |
| + Depreciation and write-downs630 | €4k | €5k | €2k | €7k | ▲ 334% |
| Operating cash flow (approximation) | €25k | €8k | €11k | €20k | ▲ 91.6% |
| Investment in fixed assets (approximation) | - | €-3k | €3k | €-28k | ▼ 1,006% |
| Change in cash | - | €-11k | €12k | €-11k | ▼ 199% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
06-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 67 days late
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 53 days late
2022
31-12
Financial
Weakest financial yearnet €3k ▼83%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
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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, Brussel · 1 establishment unit since 2021
Ground area
1.2 ha
Building footprint
543 m²
Volume, LiDAR
19,692 m³
Parcel 21819C0029/00B000, Brussels · tallest building 39.4 m, ±12 floors. Linked by address, not a title deed.
13
companies at this address
See who is registered here
1 establishment unit
VELIGAB
since 20212.314.933.605
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21819C0029/00B000 | Brussels | 1.2 ha | 1 · 543 m² | 39.4 m · 12 fl. |
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.
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Of 12,590 companies in sector 49410 we hold annual accounts for 8,199. 5,979 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
Founded03-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
Scores and ratios are computed by Checked and are not a credit decision.