VELOSOL
InactiveVELOSOL was declared bankrupt on 20-12-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 10-09-2024, published in the Belgian State Gazette on 16-09-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2017.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 6 filingsPosition against the passed deadline
31-12-2018 close31-07-2019 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 30-07-2018, 1 day ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Financials · fiscal year 2017, micro schema
Equity
€-56k▼ 38.6%
2016 · €-40k
2013: €889
2014: €-3k
2015: €-2k
2016: €-40k
2013 → 2017
Total assets
€19k▼ 74.5%
2016 · €76k
2013: €41k
2014: €33k
2015: €128k
2016: €76k
2013 → 2017
Net result
€-16k▲ 59.1%
2016 · €-38k
2013: €-5k
2014: €-4k
2015: €-4k
2016: €-38k
2013 → 2017
Working capital
€-55k▲ 16.4%
2016 · €-65k
2013: €9k
2014: €1k
2015: €-29k
2016: €-65k
2013 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20132014201520162017Trend
Equity€889-€-3k€-2k▲ 19.2%€-40k▼ 1,734%€-56k▼ 38.6%
Operating result€-2k-€-2k▲ 37.1%€-2k▼ 61.1%€-36k▼ 1,335%€-14k▲ 60.9%
Net result€-5k-€-4k▲ 24.9%€-4k▼ 24.2%€-38k▼ 749%€-16k▲ 59.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14k in 2017 against €36k in 2016; the loss shrinks.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €19k
Fixed assets
€18k▼ 71.9%
Current assets
€1k▼ 90.7%
Key figures and ratios
EBITDA
€-8k▲
2016 · €-19k
Cash flow
€-10k▲
2016 · €-21k
Solvency
-289.1%▼
2016 · -53.1%
Current ratio
0.02▼
2016 · 0.14
Quick ratio
0.02▼
2016 · 0.14
Debt / equity
-0.35▲
2016 · -0.99
ROA
-80.6%▼
2016 · -50.2%
Debt
€75k▼
2016 · €116k
Debt ≤ 1 year
€56k▼
2016 · €76k
Debt > 1 year
€19k▼
2016 · €40k
Income taxes
€108▲
2016 · €1
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 · 2017 against 2016
Balance sheet
Code20162017
Assets
Total assets20/58€76k€19k▼
Fixed assets21/28€65k€18k▼
Tangible fixed assets22/27€65k€18k▼
Current assets29/58€11k€1k▼
Amounts receivable within one year40/41€7k-
Cash at bank and in hand54/58€4k€1k▼
Equity and liabilities
Total equity and liabilities10/49€76k€19k▼
Equity10/15€-40k€-56k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-59k€-74k▼
Amounts payable17/49€116k€75k▼
Amounts payable after more than one year17€40k€19k▼
Amounts payable within one year42/48€76k€56k▼
Trade debts44€7k-
Income statement
Code20162017
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€6k▼
Gross operating margin9900€-18k€10k▲
Operating profit (loss)9901€-36k€-14k▲
Recurring financial income75€2€246▲
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-38k€-15k▲
Income taxes67/77€1€108▲
Profit (loss) for the period9904€-38k€-16k▲
Profit (loss) for the period to be appropriated9905€-38k€-16k▲
Timeline · acts, filings and financial milestones
2024
16-09
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · VELOSOL BV LAAN III 5, 1770 LIEDEKERKE · event 10-09-2024
2022
28-12
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · VELOSOL BV LAAN III 5, 1770 LIEDEKERKE · event 20-12-2022
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 37 days late
2016
31-12
Financial
Weakest financial yearnet €-38k
Net result drops to €-38k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
2015
24-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
25-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
05-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 5 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JENS VREBOS EZELSTRAAT 25, 8000 BRUGGE- |
20-12-2022 → present |