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VELINCK

Active
Public limited companyfounded 1993active for 32 yearsKwartelweg 3, 9160 Lokeren, BelgiumKBO/BCE: BE 0451.544.601
Summary

VELINCK has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81,546 and a net result of €227,827. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 22% of 11,775 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 06-12-1993 Normal situation
Activity
Land surveying NACE 71122and 1 other
Establishment unit
2.065.059.526 9160 Lokeren, since 10-01-1994
Financial year end
30 September
Peppol
Reachable since 22-10-2025

Board and ownership

Board

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-09-2025
Gross margin
€300,403
▼ 26.3%
Turnover
≈ €780,000
estimated
Profit
€227,827
▼ 25.9%
Equity
€81,546
▲ 10.6%
Total assets
€397,917
▼ 21.8%
Score breakdownraises riskProfit of €227,827 (financial year 2025)lowers riskSize: total assets €397,917Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Figures for financial year 2025 (filed on 30-04-2026)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 43% of micro companies in architecture and engineering (NACE 71)
Financial strength · tick: 2024
Average
Solvency 45+6
equity 20.5% of total assets
Liquidity 10-31
short-term debt 79.5% · cash 2.4%
Profitability 100=
return on assets 57.3%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (14,826 companies, NACE 71, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.2%▲ +0.1 percentage points vs 03-2025highest value 05-2025: 0.1%▼ -0.1 percentage points vs 04-2025lowest value 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.22 (1.16 in 2024), below the usual 1.5. Short-term debt is 79.5% and cash 2.4% of total assets. 79.5% 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 71, micro). It does better than 22% of them on solvency, 5% on liquidity, 88% on profitability and 57% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 30-09-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Seven signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €397,917
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
raises risk · Profit of €227,827 (financial year 2025)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 30-04-2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 11775 sector peers (2025).
NBB · sector comparison
Position among 11775 sector peers
Solvency
better than 22%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €81,546
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
1 day early
2023
on the day
2022
1 day late
2021
36 days early
2020
56 days early
2019
58 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 21 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 30 April (4 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
30-09-2026 year end05-11-2026 today30-04-2027 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 architecture and engineeringsector median €16,709 · 11,777 companies €227,827 View
  • Positive: 7 profitable years in a rowprofit 2025: €227,827 7 years View
  • Caution: Result fell in 2025from €307,517 to €227,827 ▼ 25.9% View

Recent changes

  1. · Gazette deed Reappointments: Philippe Veldeman (director) and Nadia Cottenie (director)
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as VELINCK: land surveying (NACE 71122). They are comparable in size and age: total assets between €336,000 and €600,000, founded between 1980 and 2001.

CompanyTotal assetsGross margin
VELINCK Lokeren€397,917€300,403
VIVER BOUW - TOPO - IMMO Zele€335,980€333,453
BUREAU D'ETUDES SAVOIE Jurbise€407,158€382,764
GEOTECH Sprimont€517,923€266,123
BUREAU D'ETUDES DE TOPOGRAPHIE, DE TOPOMETRIE, DE PHOTOGRAMMETRIE, D'ETUDES ET D'EXPERTISES IMMOBILIERES BELGEO Huy€413,705€302,548
Landmeters- en vastgoedexperten Bree€516,935€238,489
PIRON INGENIEURS Charleroi€599,788€377,959
Full comparison

Key facts about VELINCK

What is the company number of VELINCK?
The company number of VELINCK is 0451.544.601. The VAT number is the same number with BE in front: BE 0451.544.601.
Where is VELINCK based?
The registered office is at Kwartelweg 3, 9160 Lokeren.Company details
What does VELINCK do?
According to the KBO register, the main activity is land surveying (NACE 71122).
What is the legal form of VELINCK?
The legal form of VELINCK is Public limited company (NV).
When was VELINCK founded?
VELINCK was founded on 06-12-1993.
Is VELINCK still active?
Yes, VELINCK is an active enterprise in the KBO register.
What is the turnover of VELINCK?
The turnover in financial year 2025 is ≈ €780,000. This figure is estimated from the gross margin of €300,403 and 40 comparable companies (NACE 711). It probably lies between €520,000 and €980,000.Financials
Is VELINCK profitable?
In financial year 2025, VELINCK made a profit of €227,827.
Where can I find the annual accounts of VELINCK?
VELINCK filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VELINCK due?
VELINCK must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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