ACTIVE

Vela United

Financial year 2025 · closed on 31/12/2025
Net result
598,5 k €
-63.3% YoY
Gross margin
24 k €
-56.5% YoY
Equity
22,4 M €
+2.8% YoY
Workforce
0,0 ETP

What does Vela United do?

Vela United is a Private limited company incorporated in 2009. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Brugge.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0809.847.654
Incorporation
16/02/2009
Legal form
Private limited company
Registered office
Rombout de Dopperestraat 17
8200 Brugge · FlandreSee on map
Contributed capital
8 863 600,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin24 k €55,3 k €39,2 k €31,1 k €-62,9 k €
EBITDA17,6 k €47,7 k €30,5 k €24,7 k €-66,4 k €
Operating result-24,2 k €1,5 k €-23 k €-8,9 k €-93,4 k €
Net result598,5 k €1,6 M €542,1 k €666,6 k €2 M €
Balance sheet
Equity22,4 M €21,8 M €20,1 M €19,6 M €18,9 M €
Total assets22,4 M €21,8 M €20,2 M €19,8 M €19,2 M €
Cash174,7 k €45,1 k €532,2 k €694,6 k €8,6 M €
Debts34,8 k €13,1 k €54,2 k €193,4 k €250,6 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

Agnes Julia Souvagie

Director · since 30 décembre 2023

Active
Olivier Lanckriet

Director · since 30 décembre 2023

Active

Ended mandates

Agnes Julia Souvagie

Director · since 16 février 2009

Ended
Agnes Julia Souvagie Agnes

Director · since 16 février 2009

Ended
Agnes Souvagie

Director · since 16 février 2009

Ended
Agnes Souvagie

Manager · since 16 février 2009

Ended
At this address

Other companies at this address

CompanyCBE no.
ALMENDRASActive
0773.992.791
UnionActive
0759.505.347
VELA FUNDActive
0777.582.682
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
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 date25/06/202603/07/202527/06/202426/06/202324/06/202214/07/2021
General meeting08/06/202613/06/202528/05/202419/06/202316/06/202227/05/2021
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202508/06/202625/06/2026DutchPDF
Abridged model31/12/202413/06/202503/07/2025DutchPDF
Abridged model31/12/202328/05/202427/06/2024DutchPDF
Abridged model31/12/202219/06/202326/06/2023DutchPDF
Abridged model31/12/202116/06/202224/06/2022DutchPDF
Abridged model31/12/202027/05/202114/07/2021DutchPDF
Abridged model31/12/201930/06/202031/07/2020DutchPDF
Abridged model31/12/201818/06/201926/06/2019DutchPDF
Full model31/12/201719/06/201809/07/2018DutchPDF
Abridged model31/12/201630/06/201727/07/2017DutchPDF
Abridged model31/12/201530/06/201623/08/2016DutchPDF
Abridged model31/12/201424/08/201531/08/2015DutchPDF
Abridged model31/12/201317/06/201416/07/2014DutchPDF
Abridged model31/12/201218/06/201315/07/2013DutchPDF
Abridged model31/12/201129/06/201229/08/2012DutchPDF
Abridged model31/12/201021/06/201115/07/2011DutchPDF
Abridged model31/12/200928/07/201026/08/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 6 ended

Active mandates

Agnes Julia Souvagie

Director · since 30 décembre 2023

Active
Olivier Lanckriet

Director · since 30 décembre 2023

Active

Ended mandates

Agnes Julia Souvagie

Director · since 16 février 2009

Ended
Agnes Julia Souvagie Agnes

Director · since 16 février 2009

Ended
Agnes Souvagie

Director · since 16 février 2009

Ended
Agnes Souvagie

Manager · since 16 février 2009

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates31/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares21/01/2020
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares10/02/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other25/02/2009
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 2025598,5 k €
  2. 2024
    Annual accounts 20241,6 M €
  3. 2023
    Annual accounts 2023542,1 k €
  4. 2023
    Name changeVela United
  5. 2022
    Annual accounts 2022666,6 k €
  6. 2021
    Annual accounts 20212 M €
  7. 16/02/2009
    IncorporationPrivate limited company
  8. 2009
    Name changeVELA-MANAGEMENT