Firma M. Velghe
0405.454.654 · rovalta.com · 26/09/2026
ACTIVE
Firma M. Velghe
Financial year 2025 · Closed on 31/12/2025
Net result88,3 k €-40,6 %over 1 year
Gross margin811,2 k €-7,9 %over 1 year
Equity1,2 M €+4,2 %over 1 year
Workforce13,3 ETP-3,6 %over 1 year
Overview
Identity
Source · BCE/KBOFirma M. Velghe is a Public limited company incorporated in 1968. Its registered office is in Avelgem. It employs on average 13,3 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0405.454.654
- Incorporation
- 01/01/1968
- Legal form
- Public limited company
- Registered office
- Doorniksesteenweg 184
8580 Avelgem · FlandreSee on map - Contributed capital
- 756 080,57 €
- Latest accounts
- 31/12/2025
- Average workforce
- 13,3 ETP
Joint committees (3)
- 111
- 11101
- 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 20 filingsTrend over 18 financial years
| 2025 | 2024 | 2022 | 2021 | 2019 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 811,2 k € | -7.9% | 881,1 k € | +11.7% | 789 k € | +7.1% | 736,6 k € | -24.3% | 973 k € |
| EBITDA | 204 k € | -19.9% | 254,6 k € | +142% | 105,1 k € | +170% | 38,9 k € | -71.2% | 134,9 k € |
| Operating result | 148,8 k € | -29.9% | 212,1 k € | +143% | 87,1 k € | +548% | 13,5 k € | -91.0% | 149,9 k € |
| Net result | 88,3 k € | -40.6% | 148,8 k € | +132% | 64,1 k € | +1482% | -4,6 k € | -106% | 83,4 k € |
| Balance sheet | |||||||||
| Equity | 1,2 M € | +4.2% | 1,1 M € | +21.2% | 915,8 k € | +7.5% | 851,7 k € | -9.0% | 935,5 k € |
| Total assets | 1,6 M € | -1.5% | 1,6 M € | -4.2% | 1,7 M € | +8.2% | 1,6 M € | -9.4% | 1,7 M € |
| Cash | 591,1 k € | -21.0% | 748,4 k € | +93.2% | 387,3 k € | +37.1% | 282,5 k € | -49.4% | 558,2 k € |
| Debts | 447,5 k € | -12.7% | 512,8 k € | -34.8% | 786,3 k € | +9.3% | 719,4 k € | -11.3% | 811,2 k € |
| Other | |||||||||
| Workforce | 13,3 ETP | -3.6% | 13,8 ETP | -16.4% | 16,5 ETP | +3.8% | 15,9 ETP | -6.5% | 17,0 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20252 active · 18 ended
Active mandates
Martine Velghe
ActiveMaurice Velghe
ActiveEnded mandates
Martine Velghe
EndedMaurice Velghe
EndedMaurice Velghe
EndedMartine Velghe
EndedFinancials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 26/08/2026 | 31/08/2025 | 29/08/2024 | 23/06/2023 | 29/08/2022 | 31/08/2021 |
| General meeting | 20/05/2026 | 21/05/2025 | 15/05/2024 | 17/05/2023 | 18/05/2022 | 19/05/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 20/05/2026 | 26/08/2026 | Dutch | |
| Abridged model | 31/12/2024 | 21/05/2025 | 31/08/2025 | Dutch | |
| Abridged model | 31/12/2023 | 15/05/2024 | 29/08/2024 | Dutch | |
| Abridged model | 31/12/2022 | 17/05/2023 | 23/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 18/05/2022 | 29/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 19/05/2021 | 31/08/2021 | Dutch | |
| Abridged model | 31/12/2019 | 24/08/2020 | 31/08/2020 | Dutch | |
| Abridged model | 31/12/2018 | 15/05/2019 | 12/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 16/05/2018 | 26/06/2018 | Dutch | |
| Abridged model | 31/12/2016 | 17/05/2017 | 26/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 18/05/2016 | 05/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 20/05/2015 | 31/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 21/05/2014 | 30/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 15/05/2013 | 31/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 16/05/2012 | 06/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 18/05/2011 | 04/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 19/05/2010 | 04/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 20/05/2009 | 23/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 21/05/2008 | 01/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 16/05/2007 | 15/06/2007 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20252 active · 18 ended
Active mandates
Martine Velghe
ActiveMaurice Velghe
ActiveEnded mandates
Martine Velghe
EndedMaurice Velghe
EndedMaurice Velghe
EndedMartine Velghe
EndedOwnership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Restructuring12/02/2024KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
- Restructuring18/09/2023RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates30/09/2022ONTSLAGEN - BENOEMINGEN
- Mandates28/07/2017ONTSLAGEN - BENOEMINGEN
- Mandates19/12/2013ONTSLAGEN - BENOEMINGEN
- Mandates18/10/2007ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202588,3 k €↓
- 2024Annual accounts 2024148,8 k €↑
- 2022Annual accounts 202264,1 k €↑
- 2021Annual accounts 2021-4,6 k €↓
- 2019Annual accounts 201983,4 k €↓
- 2018Annual accounts 201887,8 k €↑
- 2017Annual accounts 201730,3 k €↓
- 2016Annual accounts 201632,4 k €↑
- 2015Annual accounts 2015-47 k €↓
- 2014Annual accounts 201410,8 k €↑
- 2013Annual accounts 20132,4 k €↓
- 2012Annual accounts 20122,7 k €↓
- 2011Annual accounts 201116,8 k €↓
- 2010Annual accounts 201024,5 k €↑
- 2009Annual accounts 200914,1 k €↑
- 2008Annual accounts 2008787,1 €↑
- 2007Annual accounts 2007555,2 €↑
- 2006Annual accounts 2006-1,5 k €
- 01/01/1968IncorporationPublic limited company