VELT
0419.195.002 · rovalta.com · 22/09/2026
ACTIVE
VELT
Financial year 2025 · closed on 31/12/2025
Net result
-970,8 €
-116.2% YoY
Gross margin
9,7 k €
-42.8% YoY
Equity
15,2 k €
-6.0% YoY
Overview
What does VELT do?
VELT is a Private limited company incorporated in 1979. Its registered office is in Ieper.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0419.195.002
Incorporation
21/02/1979
Legal form
Private limited company
Registered office
Dikkebusseweg 357
8900 Ieper · FlandreSee on map
8900 Ieper · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2025
Joint committees (2)
- 124
- 218
Signals
Positive cashflowPositive EBITDA
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 9,7 k € | -42.8% | 17 k € | +289% | 4,4 k € | -59.0% | 10,6 k € | -24.8% | 14,1 k € | +69.7% | 8,3 k € | -33.2% | 12,5 k € | +28.1% | 9,7 k € | +185% | 3,4 k € | -96.1% | 86,6 k € | +129% | 37,9 k € | -65.9% | 111 k € | -24.1% | 146,3 k € | +4.6% | 139,9 k € | -2.8% | 143,9 k € | +7.9% | 133,4 k € | -48.8% | 260,7 k € | +39.8% | 186,5 k € | +4.1% | 179,2 k € | +13.5% | 157,9 k € |
| EBITDA | 9,2 k € | -43.2% | 16,1 k € | +326% | 3,8 k € | -62.7% | 10,2 k € | -25.5% | 13,6 k € | +85.7% | 7,3 k € | -38.3% | 11,9 k € | +32.9% | 8,9 k € | +137% | -24 k € | -210% | 21,8 k € | +504% | 3,6 k € | -85.3% | 24,6 k € | -5.8% | 26,1 k € | -2.1% | 26,7 k € | +8.8% | 24,5 k € | -27.0% | 33,5 k € | -76.8% | 144,6 k € | +149% | 58,2 k € | -5.6% | 61,7 k € | +10.1% | 56 k € |
| Operating result | -892,8 € | -115% | 6,1 k € | +187% | -7 k € | -5906% | -116,3 € | -104% | 2,7 k € | +171% | -3,7 k € | -602% | 743,2 € | +241% | -528,9 € | +97.8% | -24 k € | -438045% | -5,5 € | +100.0% | -20,2 k € | -3428% | 607,3 € | -93.3% | 9 k € | +198% | 3 k € | +159% | -5,2 k € | -163% | 8,3 k € | -91.5% | 97,5 k € | +173% | 35,7 k € | -12.7% | 40,9 k € | +40.4% | 29,2 k € |
| Net result | -970,8 € | -116% | 6 k € | +185% | -7,1 k € | -3535% | -194,3 € | -108% | 2,3 k € | +159% | -3,8 k € | -853% | 510,5 € | +118% | -2,8 k € | -4491% | 63,7 € | +104% | -1,4 k € | +93.5% | -21,9 k € | -1574% | -1,3 k € | -117% | 7,8 k € | +678% | 996 € | +106% | -16,4 k € | -369% | 6,1 k € | -91.4% | 71,1 k € | +166% | 26,7 k € | -16.4% | 31,9 k € | +66.7% | 19,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 15,2 k € | -6.0% | 16,2 k € | +58.9% | 10,2 k € | -41.0% | 17,2 k € | -1.1% | 17,4 k € | +15.1% | 15,2 k € | -20.2% | 19 k € | +2.8% | 18,5 k € | -89.1% | 169,5 k € | +0.0% | 169,4 k € | -0.8% | 170,9 k € | -11.3% | 192,7 k € | +253% | 54,5 k € | -73.0% | 201,8 k € | +0.5% | 200,8 k € | -7.6% | 217,2 k € | +2.9% | 211,1 k € | +32.6% | 159,3 k € | +13.3% | 140,6 k € | +18.4% | 118,7 k € |
| Total assets | 106,1 k € | -10.2% | 118,2 k € | -8.5% | 129,1 k € | +2.7% | 125,7 k € | -10.4% | 140,3 k € | -4.2% | 146,5 k € | -10.7% | 164,1 k € | -10.1% | 182,4 k € | -15.6% | 216,2 k € | -12.6% | 247,3 k € | -2.8% | 254,4 k € | -17.5% | 308,4 k € | +2.3% | 301,3 k € | -4.1% | 314,1 k € | -8.8% | 344,3 k € | -7.4% | 371,9 k € | -8.3% | 405,5 k € | +24.7% | 325,1 k € | +3.7% | 313,4 k € | +6.7% | 293,8 k € |
| Cash | 2,1 k € | -49.3% | 4,1 k € | +35.9% | 3 k € | +63.1% | 1,9 k € | -69.6% | 6,1 k € | +137% | 2,6 k € | -60.3% | 6,5 k € | -48.8% | 12,7 k € | -22.3% | 16,4 k € | -54.2% | 35,7 k € | -23.5% | 46,7 k € | +468% | 8,2 k € | -68.1% | 25,7 k € | +86.8% | 13,8 k € | +17.9% | 11,7 k € | -83.1% | 69,3 k € | -34.4% | 105,7 k € | +20.6% | 87,7 k € | +40.4% | 62,4 k € | +327% | 14,6 k € |
| Debts | 90,2 k € | -11.0% | 101,4 k € | -14.7% | 118,8 k € | +9.6% | 108,4 k € | -11.7% | 122,8 k € | -6.5% | 131,3 k € | -9.5% | 145,1 k € | -11.5% | 164 k € | +251% | 46,7 k € | -40.1% | 77,9 k € | -6.7% | 83,5 k € | -17.0% | 100,6 k € | -56.6% | 231,7 k € | +174% | 84,7 k € | -26.9% | 115,9 k € | -8.7% | 127 k € | -23.8% | 166,8 k € | +3.7% | 160,8 k € | -4.2% | 167,8 k € | -1.4% | 170,1 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | 1,1 ETP | -47.6% | 2,1 ETP | -30.0% | 3,0 ETP | 0.0% | 3,0 ETP | +3.4% | 2,9 ETP | -6.5% | 3,1 ETP | 0.0% | 3,1 ETP | 0.0% | 3,1 ETP | -3.1% | 3,2 ETP | +6.7% | 3,0 ETP | ||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 5 ended
Active mandates
GEERT VANGHELUWE
ActiveEnded mandates
Geert Vangeluwe
EndedGeert Vangheluwe
EndedMichael Vangheluwe
EndedMichael Vangheluwe
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro 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 | 30/07/2026 | 29/07/2025 | 30/07/2024 | 13/07/2023 | 27/07/2022 | 16/07/2021 |
| General meeting | 25/07/2026 | 15/07/2025 | 18/06/2024 | 11/07/2023 | 28/06/2022 | 05/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 25/07/2026 | 30/07/2026 | Dutch | |
| Micro model | 31/12/2024 | 15/07/2025 | 29/07/2025 | Dutch | |
| Micro model | 31/12/2023 | 18/06/2024 | 30/07/2024 | Dutch | |
| Micro model | 31/12/2022 | 11/07/2023 | 13/07/2023 | Dutch | |
| Micro model | 31/12/2021 | 28/06/2022 | 27/07/2022 | Dutch | |
| Micro model | 31/12/2020 | 05/06/2021 | 16/07/2021 | Dutch | |
| Micro model | 31/12/2019 | 06/06/2020 | 11/08/2020 | Dutch | |
| Micro model | 31/12/2018 | 01/06/2019 | 20/08/2019 | Dutch | |
| Micro model | 31/12/2017 | 03/06/2018 | 14/08/2018 | Dutch | |
| Micro model | 31/12/2016 | 03/06/2017 | 16/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 04/06/2016 | 29/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 06/06/2015 | 27/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 07/06/2014 | 21/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 01/06/2013 | 23/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 02/06/2012 | 17/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 04/06/2011 | 02/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 05/06/2010 | 17/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 06/06/2009 | 26/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 07/06/2008 | 20/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 02/06/2007 | 31/08/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 k€
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
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 5 ended
Active mandates
GEERT VANGHELUWE
ActiveEnded mandates
Geert Vangeluwe
EndedGeert Vangheluwe
EndedMichael Vangheluwe
EndedMichael Vangheluwe
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates18/09/2020WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
- Mandates02/01/2019MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Capital / shares25/03/2014KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates27/10/2005KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-970,8 €↓
- 2024Annual accounts 20246 k €↑
- 2023Annual accounts 2023-7,1 k €↓
- 2022Annual accounts 2022-194,3 €↓
- 2021Annual accounts 20212,3 k €↑
- 2020Annual accounts 2020-3,8 k €↓
- 2019Annual accounts 2019510,5 €↑
- 2018Annual accounts 2018-2,8 k €↓
- 2017Annual accounts 201763,7 €↑
- 2016Annual accounts 2016-1,4 k €↑
- 2015Annual accounts 2015-21,9 k €↓
- 2014Annual accounts 2014-1,3 k €↓
- 2013Annual accounts 20137,8 k €↑
- 2012Annual accounts 2012996 €↑
- 2011Annual accounts 2011-16,4 k €↓
- 2010Annual accounts 20106,1 k €↓
- 2009Annual accounts 200971,1 k €↑
- 2008Annual accounts 200826,7 k €↓
- 2007Annual accounts 200731,9 k €↑
- 2006Annual accounts 200619,1 k €
- 21/02/1979IncorporationPrivate limited company