ACTIVE

Georges Veldeman

Financial year 2025 · Closed on 31/12/2025

Net result218,7 k €-67,5 %over 1 year
Revenue15,3 M €-6,9 %over 1 year
Equity12,8 M €+1,7 %over 1 year
Workforce38,0 ETP+4,1 %over 1 year

Identity

Source · BCE/KBO

Georges Veldeman is a Public limited company incorporated in 1973. Its main activity is: Manufacture of made-up textile articles, except apparel. Its registered office is in Bree. It employs on average 38,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0413.610.968
Incorporation
24/11/1973
Legal form
Public limited company
Registered office
Wijshagerstraat 17
3960 Bree · FlandreSee on map
Contributed capital
2 311 265,60 €
Latest accounts
31/12/2025
Average workforce
38,0 ETP
Joint committees (2)
  • 109
  • 215
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue15,3 M €16,4 M €15,8 M €15,6 M €13,7 M €
EBITDA3,2 M €2,7 M €5,4 M €3,2 M €3,6 M €
Operating result220,5 k €264 k €3,1 M €1,6 M €2,2 M €
Net result218,7 k €674 k €2,8 M €1,1 M €1,5 M €
Balance sheet
Equity12,8 M €12,5 M €9,9 M €7,1 M €6,1 M €
Total assets39,8 M €39,1 M €20,4 M €15,5 M €13,9 M €
Cash879,5 k €882,9 k €329,2 k €1,2 M €751,2 k €
Debts26,2 M €25,9 M €9,5 M €7,7 M €7,2 M €
Other
Workforce38,0 ETP36,5 ETP37,2 ETP38,7 ETP41,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 14 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
DYNAMO CONSULT0832.758.163Represented by Andy MOORS
Managing director20/12/2017 → 20/06/2029Director27/01/2016 → 2023 accountsended
Hans Mertens
Director26/04/2023 → 20/06/2029

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
BEFAS0458.271.847Represented by Fabienne Soetaers
Director15/06/2022 → 2022 accounts
BERLONY0422.207.148Represented by Bernard BUYSE
Director15/06/2022 → 2022 accounts
GUCY MANAGEMENT0677.815.313Represented by Guido VERSWIJVEL
Director15/06/2022 → 2022 accounts
IFC Services0843.336.905Represented by Johan HEIRBRANDT - VAN RIJSSEGHEM
Director15/06/2022 → 2022 accounts

Other companies at this address

Wijshagerstraat 17 3960 Bree
CompanyCBE no.
0435.395.782
0799.924.455
0799.942.271
0802.090.030

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/06/202629/06/202528/06/202426/06/202327/06/202229/06/2021
General meeting17/06/202618/06/202519/06/202414/04/202315/06/202224/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202517/06/202630/06/2026DutchPDF
Full model31/12/202418/06/202529/06/2025DutchPDF
Full model31/12/202319/06/202428/06/2024DutchPDF
Full model31/12/202214/04/202326/06/2023DutchPDF
Full model31/12/202115/06/202227/06/2022DutchPDF
Full model31/12/202024/06/202129/06/2021DutchPDF
Full model31/12/201925/06/202026/06/2020DutchPDF
Full model31/12/201819/06/201925/06/2019DutchPDF
Full model31/12/201720/06/201828/06/2018DutchPDF
Full model31/12/201621/06/201723/06/2017DutchPDF
Full model31/12/201515/06/201621/06/2016DutchPDF
Full model31/12/201417/06/201529/06/2015DutchPDF
Full model31/12/201318/06/201420/06/2014DutchPDF
Full model31/12/201219/06/201327/06/2013DutchPDF
Full model31/12/201120/06/201225/06/2012DutchPDF
Full model31/12/201015/06/201112/07/2011DutchPDF
Full model31/12/200916/06/201013/07/2010DutchPDF
Full model31/12/200817/06/200913/07/2009DutchPDF
Full model31/12/200718/06/200814/07/2008DutchPDF
Full model31/12/200620/06/200719/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 14 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
DYNAMO CONSULT0832.758.163Represented by Andy MOORS
Managing director20/12/2017 → 20/06/2029Director27/01/2016 → 2023 accountsended
Hans Mertens
Director26/04/2023 → 20/06/2029

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
BEFAS0458.271.847Represented by Fabienne Soetaers
Director15/06/2022 → 2022 accounts
BERLONY0422.207.148Represented by Bernard BUYSE
Director15/06/2022 → 2022 accounts
GUCY MANAGEMENT0677.815.313Represented by Guido VERSWIJVEL
Director15/06/2022 → 2022 accounts
IFC Services0843.336.905Represented by Johan HEIRBRANDT - VAN RIJSSEGHEM
Director15/06/2022 → 2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates28/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring08/01/2025
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring29/10/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Capital / shares30/05/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Other23/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates26/05/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings18 filings
Mandates
DYNAMO CONSULT
Hans Mertens
BERLONY
BEFAS
GUCY MANAGEMENT
JAMATIEL
IFC Services
BEST MANAGEMENT LIMBURG
Jan VAN LOOY
MOOVA
CREAFUND
CREAFUND MANAGEMENT
197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029
Georges Veldeman
Wijshagerstraat 17, 3960 Bree
Managing directorDirector
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Wijshagerstraat 17, 3960 BreeCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00251423

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Georges VeldemanCurrent
accounts 2008 → 2025
Accounts 2025 · 2026-00251423

Events

  1. 2025
    Annual accounts 2025218,7 k €↓
  2. 2024
    Annual accounts 2024674 k €↓
  3. 2023
    Annual accounts 20232,8 M €↑
  4. 2022
    Annual accounts 20221,1 M €↓
  5. 2021
    Annual accounts 20211,5 M €↑
  6. 2020
    Annual accounts 2020-100,2 k €↓
  7. 2019
    Annual accounts 2019443,5 k €↓
  8. 2018
    Annual accounts 2018612,8 k €↓
  9. 2017
    Annual accounts 20174,3 M €↑
  10. 2016
    Annual accounts 2016-8,3 M €↓
  11. 2015
    Annual accounts 2015111,8 k €↑
  12. 2014
    Annual accounts 2014-322,1 k €↓
  13. 2013
    Annual accounts 201348 k €↓
  14. 2012
    Annual accounts 2012239,5 k €↓
  15. 2011
    Annual accounts 2011306,4 k €↑
  16. 2010
    Annual accounts 2010-122,5 k €↑
  17. 2009
    Annual accounts 2009-208 k €↓
  18. 2008
    Annual accounts 2008946,3 k €
  19. 24/11/1973
    IncorporationPublic limited company