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VELO28

Active
Private limited companyfounded 2019active for 7 yearsBeukendreef 5, 2910 Essen, BelgiumKBO/BCE: BE 0733.883.588
Summary

VELO28 has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.2m and a net result of -€191,612. Equity has been shrinking by about 16% per year since 2020. Its solvency ranks better than 61% of 11,259 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Official details

Source: KBO
Status
Active since 10-09-2019 Normal situation
Activity
Renting and operating of own or leased residential real estate, excluding social housing NACE 68201and 2 others
Establishment unit
2.293.603.305 2910 Essen, since 10-09-2019
Financial year end
31 December
Peppol
Reachable since 23-12-2025

Board and ownership

Board
  • Erwich EmiliaDirector
Holdings
Shares in 2 companies Veron and Vittoria Industries Limited

Financial position

79 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts 2025
Gross margin
-€17,819
▲ 87.7%
Loss
€191,612
▲ 282%
Equity
€3.2m
▼ 5.6%
Total assets
€7.3m
▼ 15.4%
Turnover not published (abbreviated or micro format)
Score breakdownraises riskLiquidity: current ratio 0.18, cash €8,714, halved1 change of registered office in 24 monthslowers riskSector: Real estate activities (NACE 68)Size: total assets €7.3mShow the evidence

Checked score

Score 2025
79 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 30% of small companies in real estate (NACE 68)
Financial strength · tick: 2024
Weak
Solvency 69+4
equity 44.2% of total assets
Liquidity 27-9
short-term debt 47.1% · cash 0.1%
Profitability 15-3
return on assets -2.6%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,993 companies, NACE 68, small)
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: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.2%▲ +0.1 percentage points vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.2%▲ +0.1 percentage points vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.3%▲ +0.1 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.5%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.5%● unchanged vs 08-2026highest value 10-2026: 0.5%● unchanged vs 09-2026highest value 11-2026: 0.5%● unchanged vs 10-2026highest value
Credit of up to €250,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.18 (0.78 in 2024), below 1. Short-term debt is 47.1% and cash 0.1% of total assets. 55.8% 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 68, small). It does better than 63% of them on solvency, 21% on liquidity, 8% on profitability and 27% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.18, cash €8,714, halved
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Size: total assets €7.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
202122232425
2020 to 2025 · latest year -€191,612
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 30-07-2026, 1 day ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
1 day early
2024
2 days early
2023
19 days early
2022
11 days early
2021
5 days early
2020
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 7 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 July (5 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
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 6 loss-making years in a rowloss in financial year 2025 -€191,612 View
  • Caution: Result fell in 2025from -€50,180 to -€191,612 ▼ 282% View
  • Caution: Lower net result than 93% of companies in real estatesector median €10,001 · 11,250 companies -€191,612 View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View

Recent changes

  1. · Gazette deed Registered office moved within EssenPermanent representative: Truyen Pieter
  2. · Gazette deed Appointment: Van Thillo Emanuel (director)Permanent representative: Truyen Pieter
  3. · Gazette deed Incorporation
All 10 events

Comparable companies

These companies have the same main activity as VELO28: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €5.2m and €8m, founded between 2017 and 2021.

CompanyTotal assetsGross margin
VELO28 Essen€7.3m-€0.02m
ROOZ Lier€8.0m-€0.03m
Vaillon Havelange€7.2m-€0.003m
ONE+ Residential Pelt€6.7m-€0.02m
L&L Projects Antwerpen€6.9m-€0.02m
Oude Baan Zoersel€5.4m-€0.1m
CALMERON REAL ESTATE Antwerpen€5.2m-€0.05m
Full comparison

Key facts about VELO28

What is the company number of VELO28?
The company number of VELO28 is 0733.883.588. The VAT number is the same number with BE in front: BE 0733.883.588.
Where is VELO28 based?
The registered office is at Beukendreef 5, 2910 Essen.Company details
What does VELO28 do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of VELO28?
The legal form of VELO28 is Private limited company (BV).
When was VELO28 founded?
VELO28 was founded on 10-09-2019.
Is VELO28 still active?
Yes, VELO28 is an active enterprise in the KBO register.
What is the turnover of VELO28?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
Is VELO28 profitable?
In financial year 2025, VELO28 made a loss of €191,612.
Where can I find the annual accounts of VELO28?
VELO28 filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VELO28 due?
VELO28 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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