What does Georges Veldeman do?

Georges Veldeman is a rental company in Bree. Public Limited, started on 24 November 1973, 1 establishment.

What is the address of Georges Veldeman?

The registered office of Georges Veldeman is located at Wijshagerstraat 17, 3960 Bree.

Is Georges Veldeman still active?

Yes. According to the CBE (29 October 2026) Georges Veldeman is active, legal situation “Normale toestand”, started on 24 November 1973.

Is Georges Veldeman registered on Peppol?

Yes, Georges Veldeman is registered on the Peppol network with ID 0208:0413610968.

What is the enterprise number of Georges Veldeman?

The enterprise number of Georges Veldeman is BE0413610968.

When was Georges Veldeman founded?

Georges Veldeman was founded on 24 November 1973.

Who are the directors of Georges Veldeman?

According to the 2025 annual accounts, the directors of Georges Veldeman are: Hans Mertens, DYNAMO CONSULT.

Is Georges Veldeman a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 24 November 1973; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did Georges Veldeman make in 2025?

Georges Veldeman posted a profit after taxes of € 218,714 in financial year 2025.

What is the revenue of Georges Veldeman?

In its most recent annual accounts (2025), Georges Veldeman reported revenue of € 15,282,126.

How much does an employee at Georges Veldeman earn?

The average wage cost per full-time employee at Georges Veldeman was € 74,500 in 2025: staff costs of € 2.8 million for 38 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Georges Veldeman have?

According to the 2025 annual accounts, Georges Veldeman has 38 full-time equivalents (FTE).

Georges Veldeman (Public Limited) - Bree - BE0413610968

Dossier Georges Veldeman, printed on 29 October 2026 from databakkes.be/en/0413610968/georges-veldeman. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Georges Veldeman from Bree, company number BE0413610968, closed financial year 2025 with a result of € 218,714 after tax. For that financial year Georges Veldeman recorded revenue of € 15.3 million and equity of € 12.8 million. Compared with financial year 2024, the result moved from € 673,951 to € 218,714. 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 June 30, 2026.

What it is worth Growing

€ 12.8 million

▲ 2% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 218,714

▼ 68% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 879,494

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 9 million.

People and assets in 2025

Full-time equivalents

▲ 1.5 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 3.4 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2.8 million

▼ 3% vs 2024

€ 74,500 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.

Vehicles and equipment

€ 2.1 million

▼ 8% vs 2024

Of which on lease € 1.9 million.

Debts at end 2025

Bank debt ≈ 9 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 22.6 million

▲ 10% vs 2024

€ 2.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 3.1 million

▲ 58% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 116 days on average.

Taxes and wages

€ 419,921

▲ 6% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 15,580,989 Revenue 2022: € 15,580,989 First fiscal year in the series	€ 15,819,760 Revenue 2023: € 15,819,760 ▲ 2% vs 2022 (€ 15,580,989) Favourable step	€ 16,422,035 Revenue 2024: € 16,422,035 ▲ 4% vs 2023 (€ 15,819,760) Favourable step	€ 15,282,126 Revenue 2025: € 15,282,126 ▼ 7% vs 2024 (€ 16,422,035) Unfavourable step	▼ 7%
Profit after taxes	€ 1,074,220 Profit after taxes 2022: € 1,074,220 First fiscal year in the series	€ 2,792,544 Profit after taxes 2023: € 2,792,544 ▲ 160% vs 2022 (€ 1,074,220) Favourable step	€ 673,951 Profit after taxes 2024: € 673,951 ▼ 76% vs 2023 (€ 2,792,544) Unfavourable step	€ 218,714 Profit after taxes 2025: € 218,714 ▼ 68% vs 2024 (€ 673,951) Unfavourable step	▼ 68%
Equity	€ 7,141,593 Equity 2022: € 7,141,593 First fiscal year in the series	€ 9,934,137 Equity 2023: € 9,934,137 ▲ 39% vs 2022 (€ 7,141,593) Favourable step	€ 12,548,088 Equity 2024: € 12,548,088 ▲ 26% vs 2023 (€ 9,934,137) Favourable step	€ 12,766,801 Equity 2025: € 12,766,801 ▲ 2% vs 2024 (€ 12,548,088) Favourable step	▲ 2%
Total debts	€ 8,381,195 Total debts 2022: € 8,381,195 First fiscal year in the series	€ 10,434,871 Total debts 2023: € 10,434,871 ▲ 25% vs 2022 (€ 8,381,195) Unfavourable step	€ 26,573,027 Total debts 2024: € 26,573,027 ▲ 155% vs 2023 (€ 10,434,871) Unfavourable step	€ 27,064,936 Total debts 2025: € 27,064,936 ▲ 2% vs 2024 (€ 26,573,027) Unfavourable step	▲ 2%
Cash	€ 1,151,471 Cash 2022: € 1,151,471 First fiscal year in the series	€ 329,224 Cash 2023: € 329,224 ▼ 71% vs 2022 (€ 1,151,471) Unfavourable step	€ 882,935 Cash 2024: € 882,935 ▲ 168% vs 2023 (€ 329,224) Favourable step	€ 879,494 Cash 2025: € 879,494 Unchanged (€ 882,935) Unfavourable step
Land & buildings	€ 2,815,386 Land & buildings 2022: € 2,815,386 First fiscal year in the series	€ 2,935,585 Land & buildings 2023: € 2,935,585 ▲ 4% vs 2022 (€ 2,815,386) Unchanged	€ 2,845,246 Land & buildings 2024: € 2,845,246 ▼ 3% vs 2023 (€ 2,935,585) Unchanged	€ 3,086,798 Land & buildings 2025: € 3,086,798 ▲ 8% vs 2024 (€ 2,845,246) Unchanged	▲ 8%
Retained profit	€ 5,236,819 Retained profit 2022: € 5,236,819 First fiscal year in the series	€ 8,061,988 Retained profit 2023: € 8,061,988 ▲ 54% vs 2022 (€ 5,236,819) Favourable step	€ 8,768,563 Retained profit 2024: € 8,768,563 ▲ 9% vs 2023 (€ 8,061,988) Favourable step	€ 9,019,901 Retained profit 2025: € 9,019,901 ▲ 3% vs 2024 (€ 8,768,563) Favourable step	▲ 3%
Bank debt	€ 3,588,084 Bank debt 2022: € 3,588,084 First fiscal year in the series	€ 4,834,394 Bank debt 2023: € 4,834,394 ▲ 35% vs 2022 (€ 3,588,084) Unfavourable step	€ 20,610,823 Bank debt 2024: € 20,610,823 ▲ € 15.8 million vs 2023 (€ 4,834,394) Unfavourable step	€ 22,632,247 Bank debt 2025: € 22,632,247 ▲ 10% vs 2024 (€ 20,610,823) Unfavourable step	▲ 10%
Balance sheet total	€ 15,527,202 Balance sheet total 2022: € 15,527,202 First fiscal year in the series	€ 20,383,682 Balance sheet total 2023: € 20,383,682 ▲ 31% vs 2022 (€ 15,527,202) Unchanged	€ 39,126,148 Balance sheet total 2024: € 39,126,148 ▲ 92% vs 2023 (€ 20,383,682) Unchanged	€ 39,837,243 Balance sheet total 2025: € 39,837,243 ▲ 2% vs 2024 (€ 39,126,148) Unchanged	▲ 2%
Employees (FTE)	38.7 Employees (FTE) 2022: 38.7 First fiscal year in the series	37.2 Employees (FTE) 2023: 37.2 ▼ 1.5 vs 2022 (38.7) Unchanged	36.5 Employees (FTE) 2024: 36.5 ▼ 0.7 vs 2023 (37.2) Unchanged	38 Employees (FTE) 2025: 38 ▲ 1.5 vs 2024 (36.5) Unchanged	▲ 1.5

Key figures of Georges Veldeman, 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 Georges Veldeman?

What happened at Georges Veldeman in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Hans Mertens stepped down as director. NBB
2029 DYNAMO CONSULT stepped down as director. NBB
Jun 30, 2026 New annual accounts for financial year 2025: profit of € 218,714 (▼ 68% vs 2024). Source: NBB ↗
2023 Hans Mertens became a director. NBB
2023 DYNAMO CONSULT became a director. NBB
Nov 24, 1973 Start of the company according to the CBE. KBO
Nov 1, 1973 New establishment in Bree. KBO

In short

From € 1.1 million profit in 2022 to € 218,714 profit in 2025.

Paid € 586,042 in corporate taxes since 2022.

Best year ever: 2023, with € 2.8 million profit.

Pays suppliers within 116 days on average.

Original PDFs at the National Bank ↗

Management

EUROPEAN FUTURE STRUCTURES 100%

The stake of EUROPEAN FUTURE STRUCTURES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Georges Veldeman

MAESSEN TENTSUPPLY INVESTMENTS 100%

UNIVERSAL FABRIC STRUCTURES INC 100%

VELDEMAN CHILE SPA 100%

TENTMOMENT 100%

The shares are held by EUROPEAN FUTURE STRUCTURES (100%). It owns 100% of MAESSEN TENTSUPPLY INVESTMENTS, 100% of UNIVERSAL FABRIC STRUCTURES INC, 100% of VELDEMAN CHILE SPA, 100% of TENTMOMENT and MAESSEN TENTSUPPLY itself.

Directors

According to the 2025 annual accounts

Hans Mertens

Director

Also active at: Tentmoment, EUROPEAN FUTURE STRUCTURES, VELDEMAN SERVICES

since 2023 · until 2029

DYNAMO CONSULT

Managing director · represented by Andy MOORS

Also active at: Tentmoment, EUROPEAN FUTURE STRUCTURES, VELDEMAN SERVICES, Veldeman Group I, Veldeman Group II

since 2023 · until 2029

Shareholders

EUROPEAN FUTURE STRUCTURES

100%

Participations

MAESSEN TENTSUPPLY INVESTMENTS

100%

UNIVERSAL FABRIC STRUCTURES INC

100%

VELDEMAN CHILE SPA

100%

TENTMOMENT

100%

MAESSEN TENTSUPPLY

Establishments

Establishment units

Physical locations of this company

Registered office

Wijshagerstraat 17

3960 Bree

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

EUROPEAN FUTURE STRUCTURES same network

€ 6.7 million revenue · 2025

Veldeman Group I same network

€ 77,578 revenue · 2025

Veldeman Group II same network

€ 1.2 million revenue · 2025

Veldeman Maatschap

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0413.610.968

VAT number

BE 0413.610.968

Registered office

Wijshagerstraat 17, 3960 Bree

Names & denominations

Georges Veldeman

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

24 November 1973

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Verhuur en lease van tenten

Vervaardiging van overige geconfectioneerde artikelen van textiel, muv kleding

Verhuur van overige machines en werktuigen, n.e.g.

View on CBE Public ↗ Annual accounts (NBB) ↗

Georges Veldeman

Warning lights

Financials

What happened to Georges Veldeman?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions