Financials
Financial year 2025
Velux - Belgium from Wavre, company number BE0412621370, closed financial year 2025 with a result of € 2.7 million after tax. For that financial year Velux - Belgium recorded revenue of € 152.2 million and equity of € 3 million. Compared with financial year 2024, the result moved from € 3.2 million to € 2.7 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 3 million
▲ 32% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.7 million
▼ 14% vs 2024
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2 million paid out
73 % of the profit went to the shareholders, mostly to Velux A/S (100 % of the shares). That is where the money ends up.
People and assets in 2025
96.9
▲ 2.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 10.7 million
▲ 14% vs 2024
€ 110,300 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.
€ 11,827
▼ 54% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 7.6 million
▲ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 20 days on average.
€ 3.4 million
▲ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 137,059,433 | € 138,164,409 | € 143,940,885 | € 152,183,464 | ▲ 6% |
| Profit after taxes | € 2,996,764 | € 3,738,091 | € 3,158,198 | € 2,721,786 | ▼ 14% |
| Equity | € 902,078 | € 890,168 | € 2,248,366 | € 2,970,152 | ▲ 32% |
| Total debts | € 16,974,739 | € 14,919,593 | € 10,098,387 | € 12,954,092 | ▲ 28% |
| Cash | € 4,650 | € 28,067 | € 125,359 | € 0 | ▼ 100% |
| Land & buildings | € 4,329,713 | € 3,889,667 | € 3,487,417 | € 3,209,677 | ▼ 8% |
| Retained profit | € 152,078 | € 140,168 | € 1,498,366 | € 2,220,152 | ▲ 48% |
| Dividend | € 3,000,000 | € 3,750,000 | € 1,800,000 | € 2,000,000 | ▲ 11% |
| Balance sheet total | € 17,876,817 | € 15,809,761 | € 12,346,753 | € 15,924,244 | ▲ 29% |
| Employees (FTE) | 82.4 | 83.2 | 94.7 | 96.9 | ▲ 2.2 |
Key figures of Velux - Belgium, 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 Velux - Belgium?
What happened at Velux - Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2.7 million (▼ 14% vs 2024). Source: NBB ↗
- Malene HJORT stepped down as director. NBB
- Claus CHRISTENSEN stepped down as director. NBB
- Ralf Brandt Larsen stepped down as director. NBB
- Ralf Brandt Larsen became a director. NBB
- Anders Mortensen stepped down as director. NBB
- Malene HJORT became a director. NBB
- Claus CHRISTENSEN became a director. NBB
In short
From € 3 million profit in 2022 to € 2.7 million profit in 2025.
Paid € 5.1 million in corporate taxes since 2022.
Best year ever: 2023, with € 3.7 million profit.
Paid out € 10.6 million in dividends to the owners in total.
Management
The shares are held by Velux A/S (100%).
Directors
According to the 2025 annual accounts
Malene HJORT
Director
since 2023 · until 2026
Claus CHRISTENSEN
Chairman of the board
since 2023 · until 2026
Ralf Brandt Larsen
Director
since 2026 · until 2026
Anders Mortensen
Administrateur judiciaire
since 2020 · until 2025
Shareholders
Velux A/S
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Boulevard de l'Europe 121
1300 Wavre
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0412.621.370
- VAT number
- BE 0412.621.370
- Registered office
- Boulevard de l'Europe 121, 1300 Wavre
- Names & denominations
- Velux - Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 September 1972
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
Groothandel in hout
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair