Financials
Financial year 2025
Velda from Zele, company number BE0400186069, closed financial year 2025 with a result of € 10,679 after tax. For that financial year Velda recorded revenue of € 16.4 million and equity of € 3.8 million. Compared with financial year 2024, the result moved from € 16,803 to € 10,679. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 3.8 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,679
▼ 36% vs 2024
Profit after tax over the fiscal year.
€ 586,048
▼ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.9 million.
People and assets in 2025
14.8
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 7% vs 2024
€ 85,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 12,350
▼ 52% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.3 million
▼ 3% vs 2024
€ 60,004 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 204,876
▼ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 5 days on average.
€ 161,474
▲ 28% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 16,446,409 | € 17,208,160 | € 17,402,066 | € 16,430,033 | ▼ 6% |
| Profit after taxes | € 42,753 | € 46,507 | € 16,803 | € 10,679 | ▼ 36% |
| Equity | € 3,772,057 | € 3,818,564 | € 3,835,367 | € 3,846,046 | |
| Total debts | € 3,389,259 | € 2,899,077 | € 2,862,004 | € 2,769,127 | ▼ 3% |
| Cash | € 1,018,305 | € 555,968 | € 604,580 | € 586,048 | ▼ 3% |
| Land & buildings | € 55,768 | € 46,567 | € 42,648 | € 39,132 | ▼ 8% |
| Retained profit | € 2,780,483 | € 2,826,990 | € 2,843,793 | € 2,854,472 | |
| Bank debt | € 2,708,054 | € 2,325,436 | € 2,365,432 | € 2,305,428 | ▼ 3% |
| Balance sheet total | € 7,171,316 | € 6,727,641 | € 6,707,371 | € 6,615,173 | ▼ 1% |
| Employees (FTE) | 17.7 | 14.8 | 14.9 | 14.8 | ▼ 0.1 |
Key figures of Velda, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Velda?
What happened at Velda in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Luc Van Damme stepped down as director. NBB
- Monique Mulckhuijse stepped down as director. NBB
- Jerry Van Damme stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 10,679 (▼ 36% vs 2024). Source: NBB ↗
- Luc Van Damme became a director. NBB
- Monique Mulckhuijse became a director. NBB
- Jerry Van Damme became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 42,753 profit in 2022 to € 10,679 profit in 2025.
Paid € 105,102 in corporate taxes since 2022.
Best year ever: 2023, with € 46,507 profit.
Pays suppliers within 5 days on average.
Management
It owns 99.9% of Sovica Lottin S.A., 99.7% of EF France Viande and 50% of Mustang Meat Gmbh itself.
Directors
According to the 2025 annual accounts
Luc Van Damme
Managing director
since 2023 · until 2029
Monique Mulckhuijse
Director
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Lokerenbaan 131
9240 Zele
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.186.069
- VAT number
- BE 0400.186.069
- Registered office
- Lokerenbaan 131, 9240 Zele
- Names & denominations
- Velda
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 January 1951
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
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