Velodi
ActiveVelodi has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €150k and a net result of €-31k. Equity is shrinking by ~10% per year across the filed fiscal years. Its solvency ranks better than 17% of 10230 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency38=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity ample (current ratio 3.35 against 3.61 in 2024), but 93% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Ten signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
7%
Return on assets
-1.5%
Age of the figures
14 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€31k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 10230 sector peers (2025).
NBB · sector comparisonPosition among 10230 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-12-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 d early
2024
24 d early
2023
on the day
2022
28 d late
2021
19 d early
2020
60 d early
2019
43 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close13-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€659k
EBIT margin
-0.1%
Net result
€-31k▲ 52.3%
2024 · €-66k
2019: €14k
2020: €17k
2021: €2k
2022: €5k
2023: €-90k
2024: €-66k
2019 → 2025
Working capital
€1.40M▼ 12.6%
2024 · €1.60M
2019: €300k
2020: €329k
2021: €331k
2022: €336k
2023: €47k
2024: €1.60M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€659k-
Equity€331k-€337k▲ 1.6%€247k▼ 26.7%€181k▼ 26.6%€150k▼ 17.3%
Operating result€-352-€3k€-57k€37k€33k▼ 9.5%
Net result€2k-€5k▲ 160%€-90k€-66k▲ 27.0%€-31k▲ 52.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.15M
Fixed assets
€152k▼ 13.4%
Current assets
€1.99M▼ 9.9%
Equity and liabilities €2.15M
Equity
€150k▼ 17.3%
Debt
€2.00M▼ 9.6%
The debt ratio rises from 92.4% to 93.0%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€58k▼
2024 · €62k
Cash flow
€-6k▲
2024 · €-41k
Solvency
7.0%▼
2024 · 7.6%
Current ratio
3.35▼
2024 · 3.61
Quick ratio
0.25▲
2024 · 0.22
Debt / equity
13.33▲
2024 · 12.19
ROE
-20.9%▲
2024 · -36.2%
ROA
-1.5%▲
2024 · -2.7%
Interest coverage
0.71▲
2024 · 0.53
Debt
€2.00M▼
2024 · €2.21M
Debt ≤ 1 year
€595k▼
2024 · €612k
Debt > 1 year
€1.36M▼
2024 · €1.60M
Income taxes
€75
Staff costs
€564k▲
2024 · €45k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.39M€2.15M▼
Fixed assets21/28€175k€152k▼
Intangible fixed assets21€39k€29k▼
Tangible fixed assets22/27€135k€122k▼
Plant, machinery and equipment23€135k€122k▼
Financial fixed assets28€1k€963▼
Current assets29/58€2.21M€1.99M▼
Stocks and contracts in progress3€2.08M€1.85M▼
Stocks30/36€2.08M€1.85M▼
Amounts receivable within one year40/41€83k€75k▼
Trade receivables40€83k€75k▼
Cash at bank and in hand54/58€44k€56k▲
Deferred charges and accrued income490/1€6k€17k▲
Equity and liabilities
Total equity and liabilities10/49€2.39M€2.15M▼
Equity10/15€181k€150k▼
Contributions10/11€286k€286k=
Capital10€285k€285k=
Issued capital100€285k€285k=
Outside capital11€1k€1k=
Other1109/19€1k€1k=
Reserves13€45k€45k=
Non-distributable reserves130/1€28k€28k=
Legal reserve130€28k€28k=
Distributable reserves133€17k€17k=
Profit (loss) carried forward14€-150k€-181k▼
Amounts payable17/49€2.21M€2.00M▼
Amounts payable after more than one year17€1.60M€1.36M▼
Other amounts payable178/9€1.60M€1.36M▼
Amounts payable within one year42/48€612k€595k▼
Financial debts43€125k€143k▲
Credit institutions430/8€125k€143k▲
Trade debts44€356k€285k▼
Suppliers440/4€356k€285k▼
Advances received on contracts in progress46€21k€34k▲
Taxes, remuneration and social security45€59k€131k▲
Taxes450/3€53k€49k▼
Remuneration and social security454/9€6k€81k▲
Other amounts payable47/48€52k€3k▼
Accrued charges and deferred income492/3-€43k
Income statement
Code20242025
Non-recurring operating income76A-€7k
Remuneration, social security and pensions62€45k€564k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€25k▲
Other operating charges640/8€16k€3k▼
Gross operating margin9900€123k€626k▲
Operating profit (loss)9901€37k€33k▼
Financial income75/76B€15k€18k▲
Recurring financial income75€15k€18k▲
Financial charges65/66B€117k€83k▼
Recurring financial charges65€117k€83k▼
Profit (loss) for the period before taxes9903€-66k€-31k▲
Income taxes67/77-€75
Profit (loss) for the period9904€-66k€-31k▲
Profit (loss) for the period to be appropriated9905€-66k€-31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-150k€-181k▼
Profit (loss) brought forward from the previous period14P€-85k€-150k▼
Social balance
Average headcount (FTE)90871.910.6▲
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
18-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
07-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Liquidity quadruplescurrent ratio 3.61
Current ratio from 1.02 to 3.61; short-term debt falls from €2.28M to €612k.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Weakest financial yearnet €-90k ▼1816%
Net result drops to €-90k, the lowest in the series; recovery starts the following year.
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
12-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
02-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Highest result since 2019net €17k ▲18.7%
Net result €17k, the highest in the series.
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
10-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
20-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
14-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 directors, no change since 2023
AXiS CommV
CurrentPermanent representative · since 27-10-2022 · Legal entity · perm. rep.: David ibens
17-01-2023
AXiS CommV: Appointed as Permanent representative
27-10-2022
AXiS CommV: Appointed as Director
27-10-2022
AXiS CommV: Appointed as Daily management
27-10-2022
Jan Van Pelt: Resigned as Director
27-10-2022
Leo Van Pelt: Resigned as Director
27-10-2022
SOVAPE NV: Resigned as Permanent representative
Location & real-estate footprint
Registered office, Mortsel · 3 establishment units since 1995
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vredebaan 61-632640 MortselGround area
1.6 ha
Building footprint
2,441 m²
Volume, LiDAR
5,942 m³
3 parcels, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
Velodi Mortsel
since 19952.072.569.603
Velodi Lier
since 20222.342.067.374
Velodi Kontich
since 20222.342.067.473
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12393F0123/00R000 | Flanders | 1.3 ha | 1 · 1,403 m² | - |
| 11513C0060/00R004 | Flanders | 2,135 m² | 1 · 842 m² | 10.8 m · 1 fl. |
| 11602C0667/00B000 | Flanders | 350 m² | 1 · 196 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,059 EUR awarded · 2,059 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,059 EUR | 2,059 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
3 endedSimilar companies · same sector, comparable size
FIETSEN BRYS
BE 0766.538.342
Puurs-Sint-Amands · Eq €150k
MULLER CYCLES
BE 0759.770.811
Aubange · Eq €149k
BATAIA
BE 0714.965.917
Gent · Eq €152k
TOP KARS RUISBROEK
BE 0524.698.041
Puurs-Sint-Amands · Eq €152k
De Vélodrome
BE 0899.359.353
Antwerpen · Eq €147k
Of 1,451 companies in sector 47632 we hold annual accounts for 721. 639 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded09-06-1995
Fiscal year end30-06
Activities, NACEBEL
47632Retail sale of bicycles
47785Retail trade
45402
47830Retail sale of motorcycles and motorcycle parts and accessories
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.