VELTISTO
ActiveVELTISTO has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €594k and a net result of €45k. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 87% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
92
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▼-1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 7.62 against 7.04 in 2023; short-term debt: 9.9% and cash: 74% of total assets), and 10.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
89.6%
Return on assets
6.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
91 d late
2022
63 d late
2021
31 d late
2020
177 d late
2019
294 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€594k▲ 8.3%
2023 · €548k
2018: €418k
2019: €477k
2020: €533k
2021: €578k
2022: €548k
2023: €548k
2018 → 2024
Total assets
€663k▲ 6.6%
2023 · €622k
2018: €468k
2019: €504k
2020: €546k
2021: €638k
2022: €599k
2023: €622k
2018 → 2024
Net result
€45k▲ 1.3%
2023 · €45k
2018: €57k
2019: €60k
2020: €56k
2021: €45k
2022: €26k
2023: €45k
2018 → 2024
Working capital
€435k▲ 12.4%
2023 · €387k
2018: €409k
2019: €470k
2020: €528k
2021: €410k
2022: €385k
2023: €387k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€533k-€578k▲ 8.4%€548k▼ 5.1%€548k=€594k▲ 8.3%
Operating result€73k-€59k▼ 19.4%€51k▼ 13.0%€70k▲ 35.8%€65k▼ 7.1%
Net result€56k-€45k▼ 19.5%€26k▼ 41.7%€45k▲ 71.8%€45k▲ 1.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 7% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €663k
Fixed assets
€162k▼ 5.0%
Current assets
€501k▲ 11.0%
Equity and liabilities €663k
Equity
€594k▲ 8.3%
Debt
€69k▼ 6.2%
The debt ratio falls from 11.8% to 10.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€73k▼
2023 · €79k
Cash flow
€54k▼
2023 · €54k
Solvency
89.6%▲
2023 · 88.2%
Current ratio
7.62▲
2023 · 7.04
Quick ratio
7.62▲
2023 · 7.04
Debt / equity
0.12▼
2023 · 0.13
ROE
7.7%▼
2023 · 8.2%
ROA
6.9%▼
2023 · 7.2%
Interest coverage
73.58▼
2023 · 92.66
Debt
€69k▼
2023 · €73k
Debt ≤ 1 year
€66k▲
2023 · €64k
Debt > 1 year
€3k▼
2023 · €9k
Income taxes
€20k▼
2023 · €25k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€622k€663k▲
Fixed assets21/28€171k€162k▼
Tangible fixed assets22/27€21k€12k▼
Land and buildings22€256€256▼
Plant, machinery and equipment23€987€493▼
Furniture and vehicles24€19k€11k▼
Financial fixed assets28€150k€150k=
Current assets29/58€451k€501k▲
Amounts receivable within one year40/41€13k€10k▼
Trade receivables40€13k€10k▼
Other amounts receivable41-€146
Cash at bank and in hand54/58€438k€490k▲
Equity and liabilities
Total equity and liabilities10/49€622k€663k▲
Equity10/15€548k€594k▲
Contributions10/11€20k€20k=
Capital10€20k-
Issued capital100€20k-
Reserves13€556k€601k▲
Tax-exempt reserves132€12k€12k=
Distributable reserves133€544k€589k▲
Profit (loss) carried forward14€-28k€-28k=
Amounts payable17/49€73k€69k▼
Amounts payable after more than one year17€9k€3k▼
Financial debts170/4€9k€3k▼
Amounts payable within one year42/48€64k€66k▲
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€355€3k▲
Suppliers440/4€355€3k▲
Taxes, remuneration and social security45€10k€13k▲
Taxes450/3€8k€11k▲
Remuneration and social security454/9€2k€3k▲
Other amounts payable47/48€47k€43k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▼
Other operating charges640/8€948€593▼
Gross operating margin9900€80k€74k▼
Operating profit (loss)9901€70k€65k▼
Financial income75/76B€568€1k▲
Recurring financial income75€568€1k▲
Financial charges65/66B€854€999▲
Recurring financial charges65€854€999▲
Profit (loss) for the period before taxes9903€70k€65k▼
Income taxes67/77€25k€20k▼
Profit (loss) for the period9904€45k€45k▲
Profit (loss) for the period to be appropriated9905€45k€45k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-28k€18k▲
Profit (loss) brought forward from the previous period14P€-73k€-28k▲
Transfer to equity691/2-€45k
To other reserves6921-€45k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
2023
02-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 63 days late
2022
31-12
Financial
Weakest financial yearnet €26k ▼41.7%
Net result drops to €26k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
24-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 177 days late
2021
21-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 294 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 42.50
Current ratio from 18.65 to 42.50; short-term debt falls from €27k to €13k.
31-12
Financial
Equity above €500kEq €533k ▲11.7%
3 profitable years in a row build equity to €533k.
2019
31-12
Financial
Highest result since 2018net €60k ▲4.6%
Operating result €83k, net result €60k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 18.65
Current ratio from 9.16 to 18.65; short-term debt falls from €50k to €27k.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Grimbergen · 1 establishment unit since 2011
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.
Populierendallaan 391850 GrimbergenGround area
905 m²
Building footprint
111 m²
Volume, LiDAR
716 m³
Parcel 23403H0078/00M002, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VELTISTO
since 20112.195.939.052
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23403H0078/00M002 | Flanders | 905 m² | 1 · 111 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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LOGISERV
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ROUTE 67 CONSULTING
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 11,219 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-02-2011
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
64200Holdings
64210Activities of holding companies
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.veltisto.be
E-mail:veltisto@telenet.be