Financials
- Financial year
- 2025
- Total assets
- €397,917
- Profit
- €227,827
- Solvency
- 20.5%
Total assets▼ 21.8%
Net result
20192025
VELINCK
ActiveSummary
VELINCK has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81,546 and a net result of €227,827. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 11,726 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Land surveying
NACE 71122
1 site
Size
≈ €780,000turnover 2025, estimated
- Equity
- €81,546
- Profit
- €227,827
Turnover estimated from the gross margin
Structure
- Nadia CottenieDirector
- Philippe VeldemanManaging director
2025 accounts on time1 of 4 deeds summarised
Why 91raises riskProfit of €227,827 (financial year 2025)lowers riskSize: total assets €397,917Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Figures for financial year 2025 (filed 30-04-2026)Show the evidence
Checked score
Score 2025
91
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 43% of its sector peers (NACE 71, micro)
Financial strength · tick = 2024
Average
Solvency
45+6
equity 20.5% of total assets
Liquidity
10-31
short-term debt 79.5% · cash 2.4%
Profitability
100=
return on assets 57.3%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.2%▲ +0.1 percentage points vs 03-2025highest value
05-2025: 0.1%▼ -0.1 percentage points vs 04-2025lowest value
06-2025: 0.1%● unchanged vs 05-2025lowest value
07-2025: 0.1%● unchanged vs 06-2025lowest value
08-2025: 0.1%● unchanged vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.22, compared with 1.16 in 2024, below the usual 1.5; short-term debt: 79.5% and cash: 2.4% of total assets), and 79.5% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro): better than 22% on solvency, 5% on liquidity, 88% on profitability and 57% on growth.
The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 11726 sector peers (2025).
NBB · sector comparisonPosition among 11726 sector peers
Solvency
better than 22%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €81,546
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 day early
2023
on the day
2022
1 day late
2021
36 days early
2020
56 days early
2019
58 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 21 days before the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 30 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end28-10-2026 today30-04-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Highest result from 2019 to 2025net €307,517 ▲97.6%
Key points
By topic
Board & ownership
- Board
- 2 members
- Nadia CottenieDirector
- Philippe VeldemanManaging director
Timeline
- Events
- 34
- Since
- 1996
- Next accounts
- by 30-04-2027
- 24-05-2024Reappointments: Philippe Veldeman (director) and Nadia Cottenie…
- 30-04-2024Annual accounts filed
- 01-05-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Land surveyingNACE 71122
- Founded
- 06-12-1993
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
Key facts about VELINCK
- What is the company number of VELINCK?
- 0451.544.601. In Belgium the VAT number is the company number with BE in front: BE 0451.544.601.
- Where is VELINCK based?
- The registered office is at Kwartelweg 3, 9160 Lokeren.Company details
- What does VELINCK do?
- According to the KBO register, the main activity is land surveying (NACE 71122).
- What is the legal form of VELINCK?
- Public limited company (NV).
- When was VELINCK founded?
- On 06-12-1993.
- Is VELINCK still active?
- Yes, VELINCK is an active enterprise in the KBO register.
- What is the turnover of VELINCK?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is VELINCK profitable?
- In financial year 2025, VELINCK made a profit of €227,827.
- Where can I find the annual accounts of VELINCK?
- VELINCK filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VELINCK due?
- By 30-04-2027, for financial year 2026.Timeline
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