ACTIVE

Georges Veldeman

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Financial year 2025 · closed on 31/12/2025

Net result

218,7 k €

-67.5% YoY

Revenue

15,3 M €

-6.9% YoY

Equity

12,8 M €

+1.7% YoY

Workforce

38,0 ETP

+4.1% YoY

What does Georges Veldeman do?

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

Activities (NACE)

13929Manufacture of made-up textile articles, except apparel· main 71340Architectural and engineering activities; technical testing and analysis 77392Rental and leasing of other machinery, equipment and tangible goods n.e.c.77392Rental and leasing of other machinery, equipment and tangible goods n.e.c.

Joint committees (2)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	15,3 M €	-6.9%	16,4 M €	+3.8%	15,8 M €	+1.5%	15,6 M €	+13.3%	13,7 M €	+44.8%	9,5 M €	-25.2%	12,7 M €	+11.8%	11,3 M €	+15.6%	9,8 M €	-19.4%	12,2 M €	+18.0%	10,3 M €	+24.1%	8,3 M €	-8.9%	9,1 M €	-4.4%	9,5 M €	+8.3%	8,8 M €	+35.1%	6,5 M €	+5.8%	6,2 M €	-26.8%	8,4 M €
EBITDA	3,2 M €	+16.4%	2,7 M €	-50.0%	5,4 M €	+67.1%	3,2 M €	-11.0%	3,6 M €	+162%	1,4 M €	-30.4%	2 M €	-3.8%	2,1 M €	+20.0%	1,7 M €	-32.3%	2,6 M €	+29.9%	2 M €	+55.3%	1,3 M €	-45.5%	2,3 M €	-13.8%	2,7 M €	+11.4%	2,4 M €	+54.0%	1,6 M €	+6.9%	1,5 M €	-43.8%	2,6 M €
Operating result	220,5 k €	-16.5%	264 k €	-91.5%	3,1 M €	+99.3%	1,6 M €	-28.4%	2,2 M €	+78908%	-2,8 k €	-100%	691,8 k €	-24.2%	912,3 k €	+114%	425,8 k €	-64.1%	1,2 M €	+227%	362,6 k €	+222%	-297,9 k €	-182%	364 k €	-51.7%	753,7 k €	-11.3%	849,3 k €	+737%	101,4 k €	+35.7%	74,8 k €	-95.2%	1,6 M €
Net result	218,7 k €	-67.5%	674 k €	-75.9%	2,8 M €	+160%	1,1 M €	-26.8%	1,5 M €	+1563%	-100,2 k €	-123%	443,5 k €	-27.6%	612,8 k €	-85.7%	4,3 M €	+151%	-8,3 M €	-7540%	111,8 k €	+135%	-322,1 k €	-771%	48 k €	-80.0%	239,5 k €	-21.8%	306,4 k €	+350%	-122,5 k €	+41.1%	-208 k €	-122%	946,3 k €
Balance sheet
Equity	12,8 M €	+1.7%	12,5 M €	+26.3%	9,9 M €	+39.1%	7,1 M €	+17.7%	6,1 M €	+31.9%	4,6 M €	-2.1%	4,7 M €	+10.0%	4,3 M €	+16.7%	3,7 M €	-49.0%	7,2 M €	-38.6%	11,7 M €	+1.0%	11,6 M €	-2.7%	11,9 M €	+0.4%	11,9 M €	+2.1%	11,6 M €	+23.3%	9,4 M €	-1.3%	9,5 M €	-2.1%	9,7 M €
Total assets	39,8 M €	+1.8%	39,1 M €	+91.9%	20,4 M €	+31.3%	15,5 M €	+11.6%	13,9 M €	+27.5%	10,9 M €	-8.6%	11,9 M €	+10.6%	10,8 M €	-28.3%	15 M €	+1.0%	14,9 M €	-30.9%	21,6 M €	+11.2%	19,4 M €	-4.8%	20,4 M €	-8.8%	22,3 M €	+3.6%	21,6 M €	+34.3%	16,1 M €	-4.1%	16,7 M €	-2.7%	17,2 M €
Cash	879,5 k €	-0.4%	882,9 k €	+168%	329,2 k €	-71.4%	1,2 M €	+53.3%	751,2 k €	+92.6%	390 k €	+10.5%	353 k €	-66.5%	1,1 M €	-83.7%	6,5 M €	+6103%	104,4 k €	-90.5%	1,1 M €	+2342%	44,9 k €	-87.2%	350,5 k €	+141%	145,6 k €	-76.8%	628,3 k €	+4060%	15,1 k €	-76.9%	65,3 k €	-88.0%	545 k €
Debts	26,2 M €	+1.0%	25,9 M €	+174%	9,5 M €	+23.0%	7,7 M €	+6.6%	7,2 M €	+27.7%	5,7 M €	-11.1%	6,4 M €	+7.2%	5,9 M €	-45.1%	10,8 M €	+74.3%	6,2 M €	-24.3%	8,2 M €	+23.6%	6,6 M €	-7.4%	7,2 M €	-22.0%	9,2 M €	+2.2%	9 M €	+59.7%	5,6 M €	-13.6%	6,5 M €	-5.2%	6,9 M €
Other
Workforce	38,0 ETP	+4.1%	36,5 ETP	-1.9%	37,2 ETP	-3.9%	38,7 ETP	-6.7%	41,5 ETP	-18.3%	50,8 ETP	-2.1%	51,9 ETP	+6.6%	48,7 ETP	-0.6%	49,0 ETP	-4.3%	51,2 ETP	+5.1%	48,7 ETP	+0.6%	48,4 ETP	+1.3%	47,8 ETP	+0.2%	47,7 ETP	+1.9%	46,8 ETP	+2.0%	45,9 ETP	-3.6%	47,6 ETP	-3.4%	49,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 40 ended

Active mandates

DYNAMO CONSULT

Managing director · since 26 avril 2023 · until 20 juin 2029 · 0832.758.163

Represented by Andy MOORS

Active

Hans Mertens

Director · since 26 avril 2023 · until 20 juin 2029

Active

Ended mandates

DYNAMO CONSULT

Director · since 26 avril 2023 · until 20 juin 2029 · 0832.758.163

Represented by Andy MOORS

Ended

BEFAS

Director · since 15 juin 2022 · until 16 juin 2027 · 0458.271.847

Represented by Fabienne Soetaers

Ended

BERLONY

Director · since 15 juin 2022 · until 16 juin 2027 · 0422.207.148

Represented by Bernard BUYSE

Ended

DYNAMO CONSULT

Managing director · since 15 juin 2022 · until 16 juin 2027 · 0832.758.163

Represented by Andy MOORS

Ended

At this address

Other companies at this address

Company	CBE no.
EUROPEAN FUTURE STRUCTURES● Active	0435.395.782
Veldeman Group I● Active	0799.924.455
Veldeman Group II● Active	0799.942.271
Veldeman Maatschap● Active	0802.090.030

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	30/06/2026	29/06/2025	28/06/2024	26/06/2023	27/06/2022	29/06/2021
General meeting	17/06/2026	18/06/2025	19/06/2024	14/04/2023	15/06/2022	24/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	17/06/2026	30/06/2026	Dutch	PDF
Full model	31/12/2024	18/06/2025	29/06/2025	Dutch	PDF
Full model	31/12/2023	19/06/2024	28/06/2024	Dutch	PDF
Full model	31/12/2022	14/04/2023	26/06/2023	Dutch	PDF
Full model	31/12/2021	15/06/2022	27/06/2022	Dutch	PDF
Full model	31/12/2020	24/06/2021	29/06/2021	Dutch	PDF
Full model	31/12/2019	25/06/2020	26/06/2020	Dutch	PDF
Full model	31/12/2018	19/06/2019	25/06/2019	Dutch	PDF
Full model	31/12/2017	20/06/2018	28/06/2018	Dutch	PDF
Full model	31/12/2016	21/06/2017	23/06/2017	Dutch	PDF
Full model	31/12/2015	15/06/2016	21/06/2016	Dutch	PDF
Full model	31/12/2014	17/06/2015	29/06/2015	Dutch	PDF
Full model	31/12/2013	18/06/2014	20/06/2014	Dutch	PDF
Full model	31/12/2012	19/06/2013	27/06/2013	Dutch	PDF
Full model	31/12/2011	20/06/2012	25/06/2012	Dutch	PDF
Full model	31/12/2010	15/06/2011	12/07/2011	Dutch	PDF
Full model	31/12/2009	16/06/2010	13/07/2010	Dutch	PDF
Full model	31/12/2008	17/06/2009	13/07/2009	Dutch	PDF
Full model	31/12/2007	18/06/2008	14/07/2008	Dutch	PDF
Full model	31/12/2006	20/06/2007	19/07/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 40 ended

Active mandates

DYNAMO CONSULT

Managing director · since 26 avril 2023 · until 20 juin 2029 · 0832.758.163

Represented by Andy MOORS

Active

Hans Mertens

Director · since 26 avril 2023 · until 20 juin 2029

Active

Ended mandates

DYNAMO CONSULT

Director · since 26 avril 2023 · until 20 juin 2029 · 0832.758.163

Represented by Andy MOORS

Ended

BEFAS

Director · since 15 juin 2022 · until 16 juin 2027 · 0458.271.847

Represented by Fabienne Soetaers

Ended

BERLONY

Director · since 15 juin 2022 · until 16 juin 2027 · 0422.207.148

Represented by Bernard BUYSE

Ended

DYNAMO CONSULT

Managing director · since 15 juin 2022 · until 16 juin 2027 · 0832.758.163

Represented by Andy MOORS

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

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

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

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

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Georges Veldeman

Overview

What does Georges Veldeman do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline