ACTIVE

VEKO LIGHTSYSTEMS

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Financial year 2025 · closed on 31/12/2025

Net result

68,8 k €

+27.7% YoY

Gross margin

1,2 M €

+17.4% YoY

Equity

2 M €

-6.2% YoY

Workforce

9,8 ETP

+7.7% YoY

What does VEKO LIGHTSYSTEMS do?

VEKO LIGHTSYSTEMS is a Private limited company incorporated in 1998. Its main activity is: Wholesale of furniture, carpets and lighting equipment. Its registered office is in Lier. It employs on average 9,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0464.282.877

Incorporation

05/10/1998

Legal form

Private limited company

Registered office

Ploeghoeveweg 4
2500 Lier · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

9,8 ETP

Activities (NACE)

46473Wholesale of furniture, carpets and lighting equipment· main 46474Wholesale of furniture, carpets and lighting equipment 51430Air transport 46431Wholesale of electrical household appliances 46431Wholesale of electrical household appliances

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

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	1,2 M €	+17.4%	1,1 M €	-8.2%	1,2 M €	-17.9%	1,4 M €	+64.9%	850,2 k €	-11.5%	960,2 k €	-26.3%	1,3 M €	-19.2%	1,6 M €	+54.1%	1 M €	-23.6%	1,4 M €	+89.4%	722,8 k €	+3.1%	701,4 k €	+115%	325,5 k €	-64.2%	908,7 k €	+89.9%	478,5 k €	-5.3%	505 k €	+19.8%	421,5 k €	+49.9%	281,3 k €	-9.9%	312,2 k €	+98.6%	157,3 k €
EBITDA	230 k €	+12.4%	204,6 k €	-53.7%	441,6 k €	-37.8%	710,1 k €	+412%	138,7 k €	-63.1%	375,9 k €	-36.8%	594,5 k €	-40.6%	1 M €	+94.3%	514,8 k €	-45.6%	947 k €	+155%	370,8 k €	-24.9%	493,7 k €	+179%	176,9 k €	-76.7%	760,4 k €	+123%	340,8 k €	-10.4%	380,4 k €	+10.5%	344,2 k €	+65.4%	208,1 k €	-14.6%	243,5 k €	+54.9%	157,2 k €
Operating result	123,1 k €	+5.0%	117,3 k €	-67.5%	360,9 k €	-44.8%	653,8 k €	+617%	91,2 k €	-72.2%	327,8 k €	-39.0%	537,3 k €	-38.7%	876,9 k €	+87.9%	466,6 k €	-48.3%	902 k €	+179%	323,5 k €	-26.0%	437,2 k €	+283%	114,2 k €	-82.6%	657,7 k €	+132%	283,7 k €	-7.5%	306,6 k €	-5.4%	324,1 k €	+63.6%	198,1 k €	-15.4%	234,1 k €	+55.1%	150,9 k €
Net result	68,8 k €	+27.7%	53,9 k €	-81.9%	298,1 k €	-47.4%	566,7 k €	+1128%	46,2 k €	-83.3%	276,3 k €	-40.6%	465,4 k €	-36.7%	734,6 k €	+119%	335 k €	-56.2%	765,3 k €	+266%	209,4 k €	-45.3%	382,9 k €	+566%	57,5 k €	-87.0%	443,6 k €	+167%	165,8 k €	-17.2%	200,2 k €	-8.7%	219,3 k €	+63.1%	134,4 k €	-10.9%	150,9 k €	+67.3%	90,2 k €
Balance sheet
Equity	2 M €	-6.2%	2,1 M €	+2.6%	2,1 M €	+5.0%	2 M €	+9.2%	1,8 M €	+2.6%	1,8 M €	+3.9%	1,7 M €	+6.6%	1,6 M €	+13.1%	1,4 M €	+15.2%	1,2 M €	+18.5%	1 M €	+25.5%	820,7 k €	+19.3%	687,8 k €	+9.1%	630,3 k €	+238%	186,8 k €	-49.5%	369,7 k €	-38.3%	599,5 k €	+43.5%	417,7 k €	+47.5%	283,3 k €	+21.9%	232,3 k €
Total assets	3,1 M €	-20.0%	3,9 M €	+23.3%	3,1 M €	-13.7%	3,6 M €	+31.2%	2,8 M €	-16.9%	3,3 M €	-12.7%	3,8 M €	-9.1%	4,2 M €	+27.2%	3,3 M €	-6.0%	3,5 M €	-7.7%	3,8 M €	+44.2%	2,6 M €	+19.7%	2,2 M €	+4.3%	2,1 M €	+8.2%	2 M €	+16.3%	1,7 M €	+32.9%	1,3 M €	+6.3%	1,2 M €	+27.8%	932,8 k €	-1.3%	945,4 k €
Cash	578,6 k €	-32.4%	855,7 k €	-18.3%	1 M €	-27.3%	1,4 M €	+41.2%	1 M €	-32.4%	1,5 M €	+40.7%	1,1 M €	-32.8%	1,6 M €	+93.9%	823,6 k €	+17.5%	701,1 k €	-31.8%	1 M €	+69.7%	606,1 k €	+59.2%	380,6 k €	+12.4%	338,5 k €	-22.1%	434,7 k €	-12.6%	497,4 k €	+119%	227 k €	-2.6%	233 k €	+1.2%	230,2 k €	+15.0%	200,1 k €
Debts	1,1 M €	-37.9%	1,7 M €	+63.5%	1,1 M €	-34.9%	1,6 M €	+69.2%	966,7 k €	-37.9%	1,6 M €	-25.5%	2,1 M €	-17.4%	2,5 M €	+33.2%	1,9 M €	-17.3%	2,3 M €	-17.4%	2,8 M €	+52.6%	1,8 M €	+20.0%	1,5 M €	+2.3%	1,5 M €	-15.4%	1,8 M €	+35.1%	1,3 M €	+97.3%	659,4 k €	-14.0%	766,4 k €	+19.4%	641,9 k €	-9.6%	709,8 k €
Other
Workforce	9,8 ETP	+7.7%	9,1 ETP	+19.7%	7,6 ETP	-9.5%	8,4 ETP	-4.5%	8,8 ETP	+15.8%	7,6 ETP	+15.2%	6,6 ETP	+3.1%	6,4 ETP	+36.2%	4,7 ETP	0.0%	4,7 ETP	+27.0%	3,7 ETP	+5.7%	3,5 ETP	+75.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	+100%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

2X BEHEER

Director · 0811.408.166

Represented by Steve Van Stappen

Active

Ended mandates

2X BEHEER

Manager · since 01 janvier 2013 · 0811.408.166

Represented by STEVE VAN STAPPEN

Ended

2X BEHEER

Manager · since 01 janvier 2013 · 0811.408.166

Represented by Steve Van Stappen

Ended

STEVE VAN STAPPEN

Manager · since 01 octobre 1998

Ended

2X BEHEER

Manager · 0811.408.166

Represented by Steve Van Stappen

Ended

At this address

Other companies at this address

Company	CBE no.
2isy● Active	1009.134.253
2X BEHEER● Active	0811.408.166
GROEP VEKO● Active	0816.965.573
VDD SYSTEMS● Active	0899.337.280

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	15/06/2026	08/07/2025	10/07/2024	10/07/2023	06/07/2022	01/07/2021
General meeting	09/06/2026	10/06/2025	11/06/2024	13/06/2023	14/06/2022	08/06/2021
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
Abridged model	31/12/2025	09/06/2026	15/06/2026	Dutch	PDF
Abridged model	31/12/2024	10/06/2025	08/07/2025	Dutch	PDF
Abridged model	31/12/2023	11/06/2024	10/07/2024	Dutch	PDF
Abridged model	31/12/2022	13/06/2023	10/07/2023	Dutch	PDF
Abridged model	31/12/2021	14/06/2022	06/07/2022	Dutch	PDF
Abridged model	31/12/2020	08/06/2021	01/07/2021	Dutch	PDF
Abridged model	31/12/2019	09/06/2020	18/06/2020	Dutch	PDF
Abridged model	31/12/2018	11/06/2019	20/06/2019	Dutch	PDF
Abridged model	31/12/2017	12/06/2018	10/07/2018	Dutch	PDF
Abridged model	31/12/2016	13/06/2017	13/07/2017	Dutch	PDF
Abridged model	31/12/2015	14/06/2016	20/06/2016	Dutch	PDF
Abridged model	31/12/2014	18/05/2015	11/06/2015	Dutch	PDF
Abridged model	31/12/2013	22/04/2014	19/05/2014	Dutch	PDF
Abridged model	31/12/2012	11/06/2013	22/07/2013	Dutch	PDF
Abridged model	31/12/2011	12/06/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	12/08/2011	Dutch	PDF
Abridged model	31/12/2009	08/06/2010	14/06/2010	Dutch	PDF
Abridged model	31/12/2008	09/06/2009	27/07/2009	Dutch	PDF
Abridged model	31/12/2007	10/06/2008	18/07/2008	Dutch	PDF
Abridged model	31/12/2006	12/06/2007	20/07/2007	Dutch	PDF

Estimate

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.

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 · 1 active · 6 ended

Active mandates

2X BEHEER

Director · 0811.408.166

Represented by Steve Van Stappen

Active

Ended mandates

2X BEHEER

Manager · since 01 janvier 2013 · 0811.408.166

Represented by STEVE VAN STAPPEN

Ended

2X BEHEER

Manager · since 01 janvier 2013 · 0811.408.166

Represented by Steve Van Stappen

Ended

STEVE VAN STAPPEN

Manager · since 01 octobre 1998

Ended

2X BEHEER

Manager · 0811.408.166

Represented by Steve Van Stappen

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares02/06/2025
KAPITAAL - AANDELEN
PDF
Other05/01/2024
DIVERSEN
PDF
Mandates27/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office23/03/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates06/03/2013
ONTSLAGEN - BENOEMINGEN
PDF
Registered office17/02/2011
MAATSCHAPPELIJKE ZETEL
PDF
Registered office23/02/2004
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL
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 202568,8 k €↑
2024
Annual accounts 202453,9 k €↓
2023
Annual accounts 2023298,1 k €↓
2022
Annual accounts 2022566,7 k €↑
2021
Annual accounts 202146,2 k €↓
2020
Annual accounts 2020276,3 k €↓
2019
Annual accounts 2019465,4 k €↓
2018
Annual accounts 2018734,6 k €↑
2017
Annual accounts 2017335 k €↓
2016
Annual accounts 2016765,3 k €↑
2015
Annual accounts 2015209,4 k €↓
2014
Annual accounts 2014382,9 k €↑
2013
Annual accounts 201357,5 k €↓
2012
Annual accounts 2012443,6 k €↑
2011
Annual accounts 2011165,8 k €↓
2010
Annual accounts 2010200,2 k €↓
2009
Annual accounts 2009219,3 k €↑
2008
Annual accounts 2008134,4 k €↓
2007
Annual accounts 2007150,9 k €↑
2006
Annual accounts 200690,2 k €
05/10/1998
IncorporationPrivate 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

VEKO LIGHTSYSTEMS

Overview

What does VEKO LIGHTSYSTEMS do?

Trend over 20 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