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VELOCE

Dissolution or liquidation
Private limited company (pre-2019)founded 1979KBO/BCE: BE 0419.952.194
Summary

The KBO register records for VELOCE the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show equity of €70,117 and a net result of €3,586.

VELOCEDissolution or liquidation

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: dissolution or liquidation
The KBO register records the legal situation: dissolution or liquidation. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-08-2023, 31 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
31 d late
2021
47 d early
2020
86 d early
2019
14 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 22 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

On 7 December 1979, VELOCE was incorporated.1 Total assets went from EUR 36,033 in 2018 to EUR 74,519 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022

Financials · fiscal year 2022, micro schema

Equity
€70,117▲ 5.4%
2021 · €66,531
Total assets
€74,519▲ 7.0%
2021 · €69,649
Net result
€3,586▼ 63.2%
2021 · €9,741
Working capital
€64,159▲ 20.9%
2021 · €53,088
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212022
Operating result€17,601-€16,667▼ 5.3%€10,933▼ 34.4%€9,389▼ 14.1%€4,805▼ 48.8%
Net result€17,506-€16,579▼ 5.3%€10,970▼ 33.8%€9,741▼ 11.2%€3,586▼ 63.2%
Equity€29,240-€45,819▲ 56.7%€56,789▲ 23.9%€66,531▲ 17.2%€70,117▲ 5.4%
Total assets€36,033-€48,060▲ 33.4%€58,695▲ 22.1%€69,649▲ 18.7%€74,519▲ 7.0%
Debt€6,793-€2,241▼ 67.0%€1,906▼ 15.0%€3,118▲ 63.6%€4,402▲ 41.2%
Working capital€25,067-€27,857▲ 11.1%€40,356▲ 44.9%€53,088▲ 31.5%€64,159▲ 20.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5,000€10,000€15,000€20,000Operating result 2018: €17,601€17,601Net result 2018: €17,506€17,506Operating result 2019: €16,667€16,667Net result 2019: €16,579€16,579Operating result 2020: €10,933€10,933Net result 2020: €10,970€10,970Operating result 2021: €9,389€9,389Net result 2021: €9,741€9,741Operating result 2022: €4,805€4,805Net result 2022: €3,586€3,58620182019202020212022€0€5,000€10,000Operating result 2020: €10,933€10,900Net result 2020: €10,970€11,000Operating result 2021: €9,389€9,390Net result 2021: €9,741€9,740Operating result 2022: €4,805€4,810Net result 2022: €3,586€3,590202020212022
The operating result has fallen four years in a row; 2022 is 49% below 2021 and is the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €74,519
Fixed assets €5,958 ▼ 55.7%
Current assets €68,561 ▲ 22.0%
Equity and liabilities €74,519
Equity €70,117 ▲ 5.4%
Debt €4,402 ▲ 41.2%
Debt's share of the balance-sheet total rises from 4.5% to 5.9%. Equity and debt are higher.
Key figures and ratios
2022 value · change against 2021
EBITDA
€9,062▼
2021 · €13,379
Cash flow
€7,842▼
2021 · €13,732
Current ratio
15.57▼
2021 · 18.03
Debt to equity
0.06▲
2021 · 0.05
ROE
5.1%▼
2021 · 14.6%
ROA
4.8%▼
2021 · 14.0%
Interest coverage
100.27▼
2021 · 207.33
Debt ≤ 1 year
€4,402▲
2021 · €3,118
Income taxes
€1,677
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 46 lines
Balance sheet Code20212022
Assets
Total assets20/58€69,649€74,519▲
Fixed assets21/28€13,443€5,958▼
Tangible fixed assets22/27€9,693€5,958▼
Furniture and vehicles24€9,693€5,958▼
Financial fixed assets28€3,750€0▼
Current assets29/58€56,206€68,561▲
Amounts receivable after more than one year29€36,567€36,567=
Trade receivables290€0-
Other amounts receivable291€36,567€36,567=
Amounts receivable within one year40/41€3,101€8,994▲
Trade receivables40€2,829€474▼
Other amounts receivable41€272€8,520▲
Cash at bank and in hand54/58€15,819€21,859▲
Deferred charges and accrued income490/1€718€1,140▲
Equity and liabilities
Total equity and liabilities10/49€69,649€74,519▲
Equity10/15€66,531€70,117▲
Contributions10/11€75,000€75,000=
Reserves13€7,598€7,598=
Non-distributable reserves130/1€7,500€7,500=
Reserves not available under the articles1311€7,500€7,500=
Distributable reserves133€98€98=
Profit (loss) carried forward14-€16,067-€12,481▲
Amounts payable17/49€3,118€4,402▲
Amounts payable within one year42/48€3,118€4,402▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€1,125€134▼
Suppliers440/4€1,125€134▼
Taxes, remuneration and social security45€1,993€2,331▲
Taxes450/3€1,993€2,331▲
Other amounts payable47/48-€1,937
Income statement Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,990€4,256▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€362
Other operating charges640/8€487€397▼
Gross operating margin9900€13,866€9,821▼
Operating profit (loss)9901€9,389€4,805▼
Financial income75/76B€417€549▲
Recurring financial income75€417€549▲
Financial charges65/66B€65€90▲
Recurring financial charges65€65€90▲
Profit (loss) for the period before taxes9903€9,741€5,263▼
Income taxes67/77-€1,677
Profit (loss) for the period9904€9,741€3,586▼
Profit (loss) for the period to be appropriated9905€9,741€3,586▼
Appropriation of the result
Profit (loss) to be appropriated9906-€16,067-€12,481▲
Profit (loss) brought forward from the previous period14P-€25,809-€16,067▲

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€212€3,712€3,729€3,990€4,256▲ 6.7%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€362-
Other operating charges640/8---€487€397▼ 18.5%
Gross operating margin9900€17,940€21,157€15,386€13,866€9,821▼ 29.2%
Operating profit (loss)9901€17,601€16,667€10,933€9,389€4,805▼ 48.8%
Financial income75/76B---€417€549▲ 31.4%
Recurring financial income75-€0€150€417€549▲ 31.4%
Financial charges65/66B---€65€90▲ 40.0%
Recurring financial charges65€95€88€113€65€90▲ 40.0%
Profit (loss) for the period before taxes9903€17,506€16,579€10,970€9,741€5,263▼ 46.0%
Income taxes67/77----€1,677-
Profit (loss) for the period9904€17,506€16,579€10,970€9,741€3,586▼ 63.2%
Profit (loss) for the period to be appropriated9905€17,506€16,579€10,970€9,741€3,586▼ 63.2%
Line20182019202020212022Change
Assets
Total assets20/58€36,033€48,060€58,695€69,649€74,519▲ 7.0%
Fixed assets21/28€4,173€17,962€16,433€13,443€5,958▼ 55.7%
Tangible fixed assets22/27€423€14,212€12,683€9,693€5,958▼ 38.5%
Furniture and vehicles24---€9,693€5,958▼ 38.5%
Financial fixed assets28€3,750€3,750€3,750€3,750€0▼ 100%
Current assets29/58€31,859€30,099€42,262€56,206€68,561▲ 22.0%
Amounts receivable after more than one year29---€36,567€36,567=
Trade receivables290---€0--
Other amounts receivable291---€36,567€36,567=
Amounts receivable within one year40/41€9,509€18,310€2,061€3,101€8,994▲ 190%
Trade receivables40---€2,829€474▼ 83.2%
Other amounts receivable41---€272€8,520▲ 3,034%
Cash at bank and in hand54/58€22,350€11,745€19,302€15,819€21,859▲ 38.2%
Deferred charges and accrued income490/1---€718€1,140▲ 58.7%
Equity and liabilities
Total equity and liabilities10/49€36,033€48,060€58,695€69,649€74,519▲ 7.0%
Equity10/15€29,240€45,819€56,789€66,531€70,117▲ 5.4%
Contributions10/11€75,000€75,000-€75,000€75,000=
Reserves13€7,598€7,598€7,598€7,598€7,598=
Non-distributable reserves130/1---€7,500€7,500=
Reserves not available under the articles1311---€7,500€7,500=
Distributable reserves133---€98€98=
Profit (loss) carried forward14-€53,358-€36,779-€25,809-€16,067-€12,481▲ 22.3%
Amounts payable17/49€6,793€2,241€1,906€3,118€4,402▲ 41.2%
Amounts payable within one year42/48€6,793€2,241€1,906€3,118€4,402▲ 41.2%
Financial debts43---€0--
Credit institutions430/8---€0--
Trade debts44€2,982€1,115€988€1,125€134▼ 88.1%
Suppliers440/4---€1,125€134▼ 88.1%
Taxes, remuneration and social security45---€1,993€2,331▲ 17.0%
Taxes450/3---€1,993€2,331▲ 17.0%
Other amounts payable47/48----€1,937-
Line20182019202020212022Change
Profit (loss) for the period9904€17,506€16,579€10,970€9,741€3,586▼ 63.2%
+ Depreciation and write-downs630€212€3,712€3,729€3,990€4,256▲ 6.7%
Operating cash flow (approximation)€17,718€20,290€14,699€13,732€7,842▼ 42.9%
Investment in fixed assets (approximation)--€17,500-€2,200-€1,000€3,228▲ 423%
Change in cash--€10,605€7,557-€3,483€6,040▲ 273%

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

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Timeline · acts, filings and financial milestones

2025
12-06
Bankruptcy Judicial dissolution, liquidator appointed
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 03-06-2025
2024
25-10
KBO administration Address struck
Michielssendreef 19 L’adresse du siège Michielssendreef 19 2930 Die Sitzadresse Michielssendreef 19 2930 2930 Brasschaat werd doorgehaald met ingang Brasschaat · event 02-10-2024
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial Weakest financial yearnet €3,586 ▼63.2%
Net result drops to €3,586, the lowest in the series.
14-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
06-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
14-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
31-12
Financial Liquidity triplescurrent ratio 13.43
Current ratio from 4.69 to 13.43; short-term debt falls from €6,793 to €2,241.
22-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
25-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
07-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
12-12
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 499 days late
11-12
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 133 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 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, Brasschaat · 1 establishment unit since 2002
seat establishment The establishment unit on the map
Ground area
547 m²
Building footprint
95 m²
Volume, LiDAR
615 m³
Parcel 11324D0730/00X008, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VELOCE
NACE 5010301
since 20022.108.978.651
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11324D0730/00X008 Flanders 546 m² 1 · 95 m² 7.6 m · 2 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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded07-12-1979
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 28 September 2026 · Peppol Directory

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