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Velocity

Active Private limited companyfounded 2021active for 5 yearsLeopoldplein 20, 2500 LierKBO/BCE: BE 0768.651.358

Lifetime

2 annual accounts with figures on one time axis
peak €160,638 (2023)
€139,471 
lowest -€21,304 (2023)
-€11,197 
peak -€18,042 (2023)
-€31,451 
€349,528 
Board1 name since 2021
1 director
Documentsfilings and deeds
02-06-202659 days before the deadline
2025micro format
Loss of €11,197No annual accounts filed for 2024

Key points

from the 2025 annual accounts

Equity

-€31,451
20232025

Debts exceed assets in financial year 2025.

Losses

-€32,501 in two years
-21,3042023-11,1972025

The 2023 and 2025 financial years closed with a loss. 2023 was the heaviest.

Turnover

≈ €830,000 estimated

The micro format states no turnover.

Debts

€349,528 110% of the balance sheet
Financial debts 43%Suppliers 46%Taxes and wages 6%Other 5%

Position in the sector

-€31,451

Less equity than 88% of companies in retail trade. Sector median €40,864 · 25,352 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,565 companies had the same profile as Velocity has now. Each dot stands for 4 companies, two years later.

88.8%
were still trading
5.4%
stopped another way
5.1%
went bankrupt
  • Micro
  • 5 to 10 years old
  • negative equity
  • a small loss

Another 0.6% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,565 companies, not a prediction for Velocity. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • 100 sharesdeed of 26-05-2021
Board & ownership

Recent changes

Accounts not filed KBO administration
Registered in the Peppol Directory Reachable for e-invoices through 0208:0768651358
Registered office moved from Boechout to Lier New registered office: Leopoldplein 20 bus 1, 2500 Lier · Previous registered office: Elfbunderweg 7, 2530 Boechout · General meeting of 01-10-2024 · Gazette deed
Incorporation Founding capital of €1,500, 100 shares · Founder: · Appointment: (director) · published on 26-05-2021 · Gazette deed
All 7 events

Comparable companies

same main activity, similar in size and age
Company
Velocity Lier €318,077 €139,471 -9.9% -
VELOVILLE Mechelen €305,020 €175,238 74.5% -
ThaSiLu Wavre €358,784 €113,127 73.2% -
Asfra Fietsen Oudenaarde €396,180 €118,864 42.7% -
Ride in Villers-la-Ville €313,957 €104,317 35.8% -
MOJO SESSION Assesse €389,989 €121,612 20.6% -
MIJNE VELO Waasmunster €308,677 €94,700 85.3% -

These companies have the same main activity as Velocity: retail sale of bicycles (NACE 47632). They are comparable in size and age: total assets between €305,000 and €396,000, founded between 2020 and 2022.

Official details

Source: KBO
Status
Active since 21-05-2021Normal situation
Activity
Retail sale of bicyclesNACE 47632and 2 others
Establishment unit
2.317.677.3192500 Lier, since 21-05-2021
Financial year end
31 December
Peppol
Reachable since 18-12-2025
Company details

Annual accounts 2025

€318,077
Filing
Filed on 02-06-2026, 59 days before the end of the filing period
Financials

Insights on Velocity

The 2025 annual accounts show negative equity (-€31,451) and a net result of -€11,197. Its solvency ranks better than 19% of 25,301 sector peers (NACE 47, financial year 2025).

The company has been active since 2021 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Velocity

What is the company number of Velocity?
The company number of Velocity is 0768.651.358. The VAT number is the same number with BE in front: BE 0768.651.358.
Where is Velocity based?
The registered office is at Leopoldplein 20, 2500 Lier.Company details
What does Velocity do?
According to the KBO register, the main activity is retail sale of bicycles (NACE 47632).
What is the legal form of Velocity?
Velocity is a private limited company (BV).
When was Velocity founded?
Velocity was founded on 21-05-2021.
Is Velocity still active?
Yes, Velocity is an active enterprise in the KBO register.
What is the turnover of Velocity?
The turnover in financial year 2025 is ≈ €830,000. This figure is estimated from the gross margin of €139,471 and 251 comparable companies (NACE 47). It probably lies between €480,000 and €1.3m.Financials
Is Velocity profitable?
In financial year 2025, Velocity made a loss of €11,197.
Where can I find the annual accounts of Velocity?
Velocity filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Velocity due?
Velocity must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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