VELDEMAN ENERGIES
ActiveSummary
VELDEMAN ENERGIES has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €934k and a net result of €217k. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 62% of 279 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+7
Solvency72▲+8
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity short (current ratio 0.58 against 0.67 in 2024; short-term debt: 50.2% and cash: 16.2% of total assets), and 52.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 35
Relative position
BE, all sectors
reference
Sector 35
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
47.1%
Return on assets
10.9%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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
25 d late
2024
14 d early
2023
11 d early
2021
16 d early
2020
1 d early
2019
4 d late
2018
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€934k▲ 3.6%
2024 · €901k
2018: €664k
2019: €765k
2020: €798k
2021: €830k
2023: €865k
2024: €901k
2018 → 2025
Total assets
€1.98M▼ 14.6%
2024 · €2.32M
2018: €3.43M
2019: €3.36M
2020: €3.09M
2021: €2.71M
2023: €2.82M
2024: €2.32M
2018 → 2025
Net result
€217k▲ 84.6%
2024 · €117k
2018: €210k
2019: €228k
2020: €265k
2021: €207k
2023: €785k
2024: €117k
2018 → 2025
Working capital
€-415k▼ 20.0%
2024 · €-346k
2018: €-295k
2019: €-228k
2020: €-205k
2021: €-217k
2023: €-300k
2024: €-346k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€798k-€830k▲ 4.0%€865k▲ 4.3%€901k▲ 4.1%€934k▲ 3.6%
Operating result€375k-€302k▼ 19.7%€921k▲ 205%€173k▼ 81.2%€262k▲ 51.0%
Net result€265k-€207k▼ 22.0%€785k▲ 280%€117k▼ 85.0%€217k▲ 84.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 51% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.98M
Fixed assets
€1.40M ▼ 14.0%
Current assets
€580k ▼ 16.3%
Equity and liabilities €1.98M
Equity
€934k ▲ 3.6%
Debt
€1.05M ▼ 26.2%
Debt's share of the balance-sheet total falls from 61.2% to 52.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€494k▲
2024 · €405k
Cash flow
€449k▲
2024 · €349k
Current ratio
0.58▼
2024 · 0.67
Debt to equity
1.12▼
2024 · 1.58
ROE
23.2%▲
2024 · 13.0%
ROA
10.9%▲
2024 · 5.1%
Interest coverage
12.01▲
2024 · 7.12
Debt ≤ 1 year
€995k▼
2024 · €1.04M
Debt > 1 year
€54k▼
2024 · €383k
Income taxes
€11k▼
2024 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.32M€1.98M▼
Fixed assets21/28€1.63M€1.40M▼
Intangible fixed assets21€5k€10k▲
Tangible fixed assets22/27€1.62M€1.39M▼
Plant, machinery and equipment23€13k€11k▼
Leasing and similar rights25€1.61M€1.38M▼
Current assets29/58€692k€580k▼
Amounts receivable within one year40/41€286k€204k▼
Trade receivables40€76k€84k▲
Other amounts receivable41€210k€121k▼
Cash at bank and in hand54/58€352k€321k▼
Deferred charges and accrued income490/1€54k€54k▼
Equity and liabilities
Total equity and liabilities10/49€2.32M€1.98M▼
Equity10/15€901k€934k▲
Contributions10/11€19k€19k=
Reserves13€882k€915k▲
Distributable reserves133€882k€915k▲
Amounts payable17/49€1.42M€1.05M▼
Amounts payable after more than one year17€383k€54k▼
Financial debts170/4€383k€54k▼
Amounts payable within one year42/48€1.04M€995k▼
Current portion of amounts payable after more than one year42€314k€329k▲
Trade debts44€118k€156k▲
Suppliers440/4€118k€156k▲
Taxes, remuneration and social security45€7k€11k▲
Taxes450/3€7k€11k▲
Other amounts payable47/48€598k€498k▼
Accrued charges and deferred income492/3€27€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€232k€232k=
Other operating charges640/8€1k€1k▲
Gross operating margin9900€406k€495k▲
Operating profit (loss)9901€173k€262k▲
Financial income75/76B€13k€7k▼
Recurring financial income75€13k€7k▼
Financial charges65/66B€57k€41k▼
Recurring financial charges65€57k€41k▼
Profit (loss) for the period before taxes9903€129k€228k▲
Income taxes67/77€12k€11k▼
Profit (loss) for the period9904€117k€217k▲
Profit (loss) for the period to be appropriated9905€117k€217k▲
Appropriation of the result
Profit (loss) to be appropriated9906€117k€217k▲
Transfer to equity691/2€35k€33k▼
To other reserves6921€35k€33k▼
Profit to be distributed694/7€82k€184k▲
Directors or managers695€82k€184k▲
The notes to these accounts (10 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
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €117k ▼85%
Net result drops to €117k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-12
Financial
Highest result since 2018net €785k ▲280%
Operating result €921k, net result €785k, both a record.
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 4 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial 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
Registered office, Wervik · 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.
Menensesteenweg 2958940 WervikGround area
2.3 ha
Building footprint
1.2 ha
Volume, LiDAR
105,656 m³
Parcel 33029B0426/00K000, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VELDEMAN ENERGIES
since 20112.199.834.987
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33029B0426/00K000 | Flanders | 2.3 ha | 1 · 1.2 ha | 10.9 m · 3 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.
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MUYLE HYDROELECTRICITE
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MERYTHERM
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Of 815 companies in sector 35110 we hold annual accounts for 631. 437 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-05-2011
Fiscal year end31-12
Activities, NACEBEL 2025
35110Production of electricity from non-renewable sources
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.