VELO
0453.069.875 · rovalta.com · 21/09/2026
ACTIVE
VELO
Financial year 2025 · closed on 31/12/2025
Net result
-21,8 k €
-118.1% YoY
Revenue
3,3 M €
+0.1% YoY
Equity
2,3 M €
+0.5% YoY
Workforce
67,8 ETP
+9.9% YoY
Overview
What does VELO do?
VELO is a Non-profit organization incorporated in 1994. Its registered office is in Leuven. It employs on average 67,8 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0453.069.875
Incorporation
05/08/1994
Legal form
Non-profit organization
Registered office
Hollestraat 1
3001 Leuven · FlandreSee on map
3001 Leuven · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
67,8 ETP
Joint committees (2)
- 111
- 209
Contacts
4 public details availableLog in to view
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Revenue | 3,3 M € | +0.1% | 3,3 M € | +7.9% | 3 M € | +17.2% | 2,6 M € | +22.2% | 2,1 M € | +13.3% | 1,9 M € | -4.9% | 2 M € | -6.2% | 2,1 M € | +9.3% | 1,9 M € | +4.2% | 1,8 M € | +0.1% | 1,8 M € | +20.6% | 1,5 M € | +9.7% | 1,4 M € | +2.6% | 1,4 M € | +23.0% | 1,1 M € | +13.7% | 966,5 k € | +10.3% | 876,4 k € | +16.3% | 753,5 k € | +55.5% | 484,6 k € |
| EBITDA | 240,7 k € | -38.8% | 393 k € | -23.0% | 510,5 k € | +11.1% | 459,4 k € | +29.0% | 356,2 k € | -43.8% | 634,1 k € | +151% | 252,9 k € | +18.7% | 213,1 k € | -4.1% | 222,2 k € | +36.5% | 162,7 k € | -14.5% | 190,3 k € | +25.7% | 151,4 k € | +41.5% | 106,9 k € | +48.2% | 72,1 k € | -23.2% | 93,9 k € | +435% | -28,1 k € | -402% | 9,3 k € | -85.0% | 62,1 k € | -31.8% | 91 k € |
| Operating result | -23,2 k € | -114% | 162 k € | -49.7% | 322,1 k € | +13.7% | 283,3 k € | +101% | 140,7 k € | -66.8% | 423,9 k € | +856% | 44,3 k € | +88.1% | 23,6 k € | -68.5% | 74,9 k € | +149% | 30,1 k € | -50.7% | 61 k € | +9.2% | 55,9 k € | +462% | 9,9 k € | +1195% | -908,4 € | -105% | 18 k € | +116% | -111,1 k € | -187% | -38,7 k € | -204% | 37,3 k € | -42.0% | 64,2 k € |
| Net result | -21,8 k € | -118% | 120,5 k € | -56.0% | 274,1 k € | -13.4% | 316,5 k € | +273% | 84,8 k € | -73.9% | 324,5 k € | +1824% | 16,9 k € | -25.1% | 22,5 k € | -62.6% | 60,2 k € | +81.3% | 33,2 k € | -38.4% | 53,9 k € | +37.3% | 39,2 k € | +214% | -34,5 k € | -125% | -15,3 k € | -196% | 16 k € | +117% | -95,1 k € | -108% | -45,6 k € | -150% | 92,1 k € | +15.3% | 79,8 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 2,3 M € | +0.5% | 2,3 M € | +7.3% | 2,1 M € | +15.8% | 1,8 M € | +19.3% | 1,5 M € | +3.4% | 1,5 M € | +24.4% | 1,2 M € | +0.2% | 1,2 M € | +12.0% | 1,1 M € | +5.4% | 1 M € | +3.2% | 980,5 k € | +9.7% | 894 k € | +4.9% | 852 k € | -3.5% | 883,3 k € | +0.6% | 878,4 k € | +6.3% | 826,6 k € | +39.7% | 591,7 k € | -7.2% | 637,4 k € | +16.9% | 545,3 k € |
| Total assets | 4 M € | +0.3% | 4 M € | +8.7% | 3,7 M € | +8.7% | 3,4 M € | +3.9% | 3,3 M € | +4.9% | 3,1 M € | +3.3% | 3 M € | +2.0% | 2,9 M € | +9.2% | 2,7 M € | +11.5% | 2,4 M € | +3.7% | 2,3 M € | +8.5% | 2,1 M € | +3.4% | 2,1 M € | +2.7% | 2 M € | -1.8% | 2,1 M € | -4.7% | 2,2 M € | +92.7% | 1,1 M € | +4.0% | 1,1 M € | +13.1% | 953,1 k € |
| Cash | 1 M € | -14.0% | 1,2 M € | -7.3% | 1,3 M € | +2.7% | 1,2 M € | -11.8% | 1,4 M € | +13.2% | 1,2 M € | +59.0% | 785,8 k € | +13.6% | 691,7 k € | -0.6% | 695,9 k € | +14.0% | 610,2 k € | +29.3% | 472 k € | -6.4% | 504 k € | +92.8% | 261,4 k € | -13.7% | 302,9 k € | +13.2% | 267,5 k € | +946% | 25,6 k € | -96.3% | 682,9 k € | +9.5% | 623,5 k € | +46.4% | 426 k € |
| Debts | 1,4 M € | -2.2% | 1,5 M € | +9.9% | 1,3 M € | +1.0% | 1,3 M € | -9.7% | 1,4 M € | -5.5% | 1,5 M € | -3.8% | 1,6 M € | -1.1% | 1,6 M € | +10.6% | 1,5 M € | +12.2% | 1,3 M € | +4.1% | 1,2 M € | +7.7% | 1,2 M € | +3.2% | 1,1 M € | +5.0% | 1,1 M € | -6.6% | 1,1 M € | -14.3% | 1,3 M € | +172% | 489,8 k € | +16.2% | 421,5 k € | +14.3% | 368,8 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 67,8 ETP | +9.9% | 61,7 ETP | +5.3% | 58,6 ETP | +7.7% | 54,4 ETP | +8.2% | 50,3 ETP | +2.0% | 49,3 ETP | +1.6% | 48,5 ETP | -6.7% | 52,0 ETP | +9.0% | 47,7 ETP | +5.5% | 45,2 ETP | -18.7% | 55,6 ETP | -8.3% | 60,6 ETP | +1.3% | 59,8 ETP | +5.1% | 56,9 ETP | +4.8% | 54,3 ETP | +2.1% | 53,2 ETP | +20.6% | 44,1 ETP | +33.2% | 33,1 ETP | +34.0% | 24,7 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 13 active · 54 ended
Active mandates
Elin Vanhooren
ActiveKathy De Roover
ActiveMarlou Reijngoudt
ActiveStefaan Saeys
ActiveDirk Vansina
ActiveAlexander Konstantinov
ActiveIne Vanlinthout
ActiveSamuel Bootsman
ActiveEsther Nevelsteen
ActiveDavid Dessers
ActiveGerard Govers
ActiveSteven Lesage
ActiveWouter Van Dyck
ActiveEnded mandates
Alexander Konstantinov
EndedIne Vanlinthout
EndedSamuel Bootsman
EndedStien Smaeghe
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
CargoCooL● Active | 0803.282.338 |
Financials
Annual accounts
Full financial information
| 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 | 02/07/2026 | 02/07/2025 | 21/06/2024 | 22/06/2023 | 28/06/2022 | 17/08/2021 |
| General meeting | 18/06/2026 | 12/06/2025 | 20/06/2024 | 15/06/2023 | 14/06/2022 | 27/05/2021 |
| 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 |
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 |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 18/06/2026 | 02/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 12/06/2025 | 02/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 20/06/2024 | 21/06/2024 | Dutch | |
| Abridged model | 31/12/2022 | 15/06/2023 | 22/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 14/06/2022 | 28/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 27/05/2021 | 17/08/2021 | Dutch | |
| Abridged model | 31/12/2019 | 28/05/2020 | 16/09/2020 | Dutch | |
| Abridged model | 31/12/2018 | 14/05/2019 | 30/09/2019 | Dutch | |
| Abridged model | 31/12/2017 | 14/05/2018 | 18/09/2018 | Dutch | |
| Abridged model | 31/12/2016 | 19/05/2017 | 27/09/2017 | Dutch | |
| Abridged model | 31/12/2015 | 19/05/2016 | 05/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 29/04/2015 | 11/09/2015 | Dutch | |
| Abridged model | 31/12/2013 | 13/05/2014 | 12/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 15/05/2013 | 15/05/2013 | Dutch | |
| Abridged model | 31/12/2011 | 09/05/2012 | 17/05/2012 | Dutch | |
| Abridged model | 31/12/2010 | 02/05/2011 | 02/05/2011 | Dutch | |
| Abridged model | 31/12/2009 | 30/04/2010 | 01/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 29/04/2009 | 04/05/2009 | Dutch | |
| Abridged model | 31/12/2007 | 18/04/2008 | 25/04/2008 | Dutch | |
| Abridged model | 31/12/2006 | 19/04/2007 | 30/04/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 2,5 M€ and 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
Governance
Board of directors
Seen on filing of 31/12/2025 · 13 active · 54 ended
Active mandates
Elin Vanhooren
ActiveKathy De Roover
ActiveMarlou Reijngoudt
ActiveStefaan Saeys
ActiveDirk Vansina
ActiveAlexander Konstantinov
ActiveIne Vanlinthout
ActiveSamuel Bootsman
ActiveEsther Nevelsteen
ActiveDavid Dessers
ActiveGerard Govers
ActiveSteven Lesage
ActiveWouter Van Dyck
ActiveEnded mandates
Alexander Konstantinov
EndedIne Vanlinthout
EndedSamuel Bootsman
EndedStien Smaeghe
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates05/03/2026ONTSLAGEN - BENOEMINGEN
- Mandates03/01/2025ONTSLAGEN - BENOEMINGEN
- Mandates06/07/2021ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates12/02/2018ONTSLAGEN - BENOEMINGEN
- Mandates20/06/2014ONTSLAGEN - BENOEMINGEN
- Mandates17/02/2012ONTSLAGEN - BENOEMINGEN
- Mandates08/06/2010MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates05/05/2010ONTSLAGEN - BENOEMINGEN
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 2025-21,8 k €↓
- 2024Annual accounts 2024120,5 k €↓
- 2023Annual accounts 2023274,1 k €↓
- 2022Annual accounts 2022316,5 k €↑
- 2021Annual accounts 202184,8 k €↓
- 2020Annual accounts 2020324,5 k €↑
- 2019Annual accounts 201916,9 k €↓
- 2018Annual accounts 201822,5 k €↓
- 2017Annual accounts 201760,2 k €↑
- 2016Annual accounts 201633,2 k €↓
- 2015Annual accounts 201553,9 k €↑
- 2014Annual accounts 201439,2 k €↑
- 2013Annual accounts 2013-34,5 k €↓
- 2012Annual accounts 2012-15,3 k €↓
- 2011Annual accounts 201116 k €↑
- 2010Annual accounts 2010-95,1 k €↓
- 2009Annual accounts 2009-45,6 k €↓
- 2008Annual accounts 200892,1 k €↑
- 2007Annual accounts 200779,8 k €
- 05/08/1994IncorporationNon-profit organization