ACTIVE

VELEK

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Financial year 2025 · closed on 31/12/2025
Net result
40,1 k €
-51.7% YoY
Gross margin
104,7 k €
-25.9% YoY
Equity
304,1 k €
+5.2% YoY

What does VELEK do?

VELEK is a Private limited company incorporated in 2010. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Kluisbergen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0823.379.154
Incorporation
24/02/2010
Legal form
Private limited company
Registered office
Grote Herreweg 48
9690 Kluisbergen · FlandreSee on map
Contributed capital
15 860,00 €
Latest accounts
31/12/2025
Activities (NACE)
46643Wholesale of machinery for the textile industry and of sewing and knitting machines· main46693Wholesale of other machinery and equipment46647Wholesale of machinery for the textile industry and of sewing and knitting machines46697Wholesale of other machinery and equipment
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232021201920182017201520142013201220112010
Income statement
Gross margin104,7 k €141,4 k €86,6 k €46,6 k €17,7 k €57,9 k €93,1 k €40 k €46,1 k €14,5 k €8,6 k €-765,4 €-492,3 €
EBITDA103,9 k €140,6 k €85,6 k €45,7 k €16,8 k €57,1 k €91,6 k €39 k €45,4 k €13,3 k €8,5 k €-880,2 €-492,3 €
Operating result60,9 k €122,8 k €71,6 k €36,9 k €-4,8 k €32,9 k €33,9 k €24,5 k €38,9 k €7,6 k €3,7 k €-880,2 €-492,3 €
Net result40,1 k €83 k €50,9 k €27,8 k €1,3 k €24,2 k €19,8 k €18,3 k €22,2 k €5,7 k €3,7 k €-991,5 €-535,4 €
Balance sheet
Equity304,1 k €289 k €244 k €140,2 k €107,7 k €106,4 k €82,2 k €62,4 k €44,1 k €21,9 k €16,2 k €5,5 k €6,5 k €
Total assets400,2 k €541,8 k €320,9 k €215,9 k €203,9 k €202,6 k €192,9 k €149,7 k €100,8 k €51,3 k €54 k €5,7 k €8,6 k €
Cash136,9 k €103,7 k €124,2 k €56 k €48 k €44,1 k €44 k €31,7 k €48 k €3,8 k €27 k €4 k €5,4 k €
Debts96,1 k €252,8 k €76,9 k €75,7 k €96,2 k €96,1 k €110,6 k €87,2 k €56,7 k €29,4 k €37,8 k €179,4 €2,2 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Sigi Van Lancker

Director

Active

Ended mandates

Bart Keymeulen

Manager · until 23 avril 2012

Ended
Bart Keymeulen

Manager

Ended
Elsy Algoet

Director

Ended
Sigi Van Lancker

Manager

Ended
Annual accounts

Full financial information

202520242023202120192018
Type of accountMicro modelMicro modelMicro modelMicro modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202101/10/201801/10/2017
Closing of the financial year31/12/202531/12/202431/12/202331/12/202131/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months15 months15 months
Filing date04/08/202607/07/202527/07/202427/06/202223/12/202023/08/2019
General meeting28/07/202605/07/202530/06/202421/06/202215/12/202021/08/2019
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202528/07/202604/08/2026DutchPDF
Micro model31/12/202405/07/202507/07/2025DutchPDF
Micro model31/12/202330/06/202427/07/2024DutchPDF
Micro model31/12/202121/06/202227/06/2022DutchPDF
Abridged model31/12/201915/12/202023/12/2020DutchPDF
Abridged model31/12/201821/08/201923/08/2019DutchPDF
Abridged model30/09/201704/06/201804/06/2018DutchPDF
Abridged model31/12/201512/05/201616/05/2016DutchPDF
Abridged model31/12/201410/06/201510/06/2015DutchPDF
Abridged model31/12/201330/05/201409/06/2014DutchPDF
Abridged model31/12/201227/08/201312/09/2013DutchPDF
Abridged model31/12/201124/07/201224/07/2012DutchPDF
Abridged model31/12/201020/07/201119/08/2011DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 4 ended

Active mandates

Sigi Van Lancker

Director

Active

Ended mandates

Bart Keymeulen

Manager · until 23 avril 2012

Ended
Bart Keymeulen

Manager

Ended
Elsy Algoet

Director

Ended
Sigi Van Lancker

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/09/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/01/2017
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates25/05/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/03/2010
    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 202540,1 k €↓
  2. 2024
    Annual accounts 202483 k €↑
  3. 2023
    Annual accounts 202350,9 k €↑
  4. 2021
    Annual accounts 202127,8 k €↑
  5. 2019
    Annual accounts 20191,3 k €↓
  6. 2018
    Annual accounts 201824,2 k €↑
  7. 2017
    Annual accounts 201719,8 k €↑
  8. 2015
    Annual accounts 201518,3 k €↓
  9. 2014
    Annual accounts 201422,2 k €↑
  10. 2013
    Annual accounts 20135,7 k €↑
  11. 2012
    Annual accounts 20123,7 k €↑
  12. 2011
    Annual accounts 2011-991,5 €↓
  13. 2010
    Annual accounts 2010-535,4 €
  14. 24/02/2010
    IncorporationPrivate limited company