ACTIVE

Veltech Projects

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Financial year 2025 · closed on 31/12/2025
Net result
-79,6 k €
-112.1% YoY
Gross margin
89,2 k €
-54.9% YoY
Equity
-21,1 k €
-136.2% YoY
Workforce
2,8 ETP
-24.3% YoY

What does Veltech Projects do?

Veltech Projects is a Private limited company incorporated in 2020. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Balen. It employs on average 2,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0741.724.950
Incorporation
17/01/2020
Legal form
Private limited company
Registered office
Poeierstraat 13
2490 Balen · FlandreSee on map
Contributed capital
5 000,00 €
Latest accounts
31/12/2025
Average workforce
2,8 ETP
Activities (NACE)
43222Plumbing, heat and air-conditioning installation· main43222Plumbing, heat and air-conditioning installation
Joint committees (2)
  • 124
  • 200
Contacts
1 public detail availableLog in to view
Signals
Healthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin89,2 k €197,7 k €224,2 k €138,1 k €125,6 k €55,4 k €
EBITDA-71,9 k €-29 k €41,1 k €35,1 k €44,7 k €18 k €
Operating result-74,8 k €-30,4 k €39,7 k €33,7 k €44 k €18 k €
Net result-79,6 k €-37,5 k €25,6 k €25,7 k €29,3 k €10,3 k €
Balance sheet
Equity-21,1 k €58,5 k €96 k €70,4 k €44,6 k €15,3 k €
Total assets90 k €166 k €178,4 k €126,5 k €117,1 k €73 k €
Cash11,1 k €7,1 k €22,3 k €13,9 k €80,7 k €1,5 k €
Debts111,1 k €107,6 k €82,4 k €56,1 k €72,5 k €57,7 k €
Other
Workforce2,8 ETP3,7 ETP3,0 ETP2,0 ETP1,5 ETP1,2 ETP
Governance

Board of directors

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

Active mandates

Ines Mols

Director · since 04 avril 2023

Active
Kurt Van Elsen

Director · since 04 avril 2023

Active

Ended mandates

Henricus Mollemans

Director · since 17 janvier 2020 · until 04 avril 2023

Ended
Robert Mollemans

Director · since 17 janvier 2020 · until 04 avril 2023

Ended
At this address

Other companies at this address

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0642.639.450
KVE Systems● Active
0808.737.696
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202117/01/2020
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 date30/07/202630/07/202531/07/202421/08/202329/08/202211/08/2021
General meeting30/06/202630/06/202530/06/202403/04/202309/05/202210/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202630/07/2026DutchPDF
Abridged model31/12/202430/06/202530/07/2025DutchPDF
Abridged model31/12/202330/06/202431/07/2024DutchPDF
Abridged model31/12/202203/04/202321/08/2023DutchPDF
Abridged model31/12/202109/05/202229/08/2022DutchPDF
Abridged model31/12/202010/05/202111/08/2021DutchPDF
Estimate

Indicative valuation

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 · 2 ended

Active mandates

Ines Mols

Director · since 04 avril 2023

Active
Kurt Van Elsen

Director · since 04 avril 2023

Active

Ended mandates

Henricus Mollemans

Director · since 17 janvier 2020 · until 04 avril 2023

Ended
Robert Mollemans

Director · since 17 janvier 2020 · until 04 avril 2023

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-79,6 k €↓
  2. 2024
    Annual accounts 2024-37,5 k €↓
  3. 2023
    Annual accounts 202325,6 k €↓
  4. 2022
    Annual accounts 202225,7 k €↓
  5. 2021
    Annual accounts 202129,3 k €↑
  6. 2020
    Annual accounts 202010,3 k €
  7. 17/01/2020
    IncorporationPrivate limited company