What does VELCOVAR do?

VELCOVAR is a shop in Roeselare. Private Limited, started on 7 June 1978, 1 establishment.

What is the address of VELCOVAR?

The registered office of VELCOVAR is located at Kachtemsestraat 28, 8800 Roeselare.

Is VELCOVAR still active?

Yes. According to the CBE (30 October 2026) VELCOVAR is active, legal situation “Normale toestand”, started on 7 June 1978.

Is VELCOVAR registered on Peppol?

Yes, VELCOVAR is registered on the Peppol network with ID 0208:0418379311.

What is the enterprise number of VELCOVAR?

The enterprise number of VELCOVAR is BE0418379311.

When was VELCOVAR founded?

VELCOVAR was founded on 7 June 1978.

Is VELCOVAR a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 June 1978; 5 annual accounts filed, latest fiscal year 2025.

How much profit did VELCOVAR make in 2025?

VELCOVAR posted a profit after taxes of € 221,669 in financial year 2025.

What is the revenue of VELCOVAR?

As a small company, VELCOVAR is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 333,351.

VELCOVAR (Private Limited) - Roeselare - BE0418379311

Dossier VELCOVAR, printed on 30 October 2026 from databakkes.be/en/0418379311/velcovar. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

VELCOVAR from Roeselare, company number BE0418379311, closed financial year 2025 with a result of € 221,669 after tax. For that financial year VELCOVAR recorded a gross margin of € 333,351 and equity of € 435,061. Compared with financial year 2024, the result moved from € -53,649 to € 221,669. Profitable, and profit is growing. 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 August 31, 2026.

What it is worth Growing

€ 435,061

▲ 104% vs 2024

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

Profit Growing

€ 221,669

▲ still € 53,649 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 60,696

▲ € 47,381 vs 2024

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 € 92,651.

People and assets in 2025

Vehicles and equipment

€ 3,468

▼ 37% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 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.

€ 82,794

▼ 82% vs 2024

€ 30,803 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 40,768

▼ 39% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 12,782

▲ 213% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 3,707 Gross margin 2022: € 3,707 First fiscal year in the series	€ 19,760 Gross margin 2023: € 19,760 ▲ € 16,052 vs 2022 (€ 3,707) Favourable step	€ 3,711 Gross margin 2024: € 3,711 ▼ 81% vs 2023 (€ 19,760) Unfavourable step	€ 333,351 Gross margin 2025: € 333,351 ▲ € 329,640 vs 2024 (€ 3,711) Favourable step	▲ € 329,640
Profit after taxes	€ -34,503 Profit after taxes 2022: € -34,503 First fiscal year in the series	€ -32,818 Profit after taxes 2023: € -32,818 ▲ € 1,685 vs 2022 (€ -34,503) Favourable step	€ -53,649 Profit after taxes 2024: € -53,649 ▼ € 20,831 vs 2023 (€ -32,818) Unfavourable step	€ 221,669 Profit after taxes 2025: € 221,669 ▲ € 275,318 vs 2024 (€ -53,649) Favourable step	▲ € 275,318
Equity	€ 299,859 Equity 2022: € 299,859 First fiscal year in the series	€ 267,041 Equity 2023: € 267,041 ▼ 11% vs 2022 (€ 299,859) Unfavourable step	€ 213,392 Equity 2024: € 213,392 ▼ 20% vs 2023 (€ 267,041) Unfavourable step	€ 435,061 Equity 2025: € 435,061 ▲ 104% vs 2024 (€ 213,392) Favourable step	▲ 104%
Total debts	€ 968,496 Total debts 2022: € 968,496 First fiscal year in the series	€ 940,265 Total debts 2023: € 940,265 ▼ 3% vs 2022 (€ 968,496) Favourable step	€ 1,440,018 Total debts 2024: € 1,440,018 ▲ 53% vs 2023 (€ 940,265) Unfavourable step	€ 303,208 Total debts 2025: € 303,208 ▼ 79% vs 2024 (€ 1,440,018) Favourable step	▼ 79%
Cash	€ 183,632 Cash 2022: € 183,632 First fiscal year in the series	€ 113,739 Cash 2023: € 113,739 ▼ 38% vs 2022 (€ 183,632) Unfavourable step	€ 13,315 Cash 2024: € 13,315 ▼ 88% vs 2023 (€ 113,739) Unfavourable step	€ 60,696 Cash 2025: € 60,696 ▲ € 47,381 vs 2024 (€ 13,315) Favourable step	▲ € 47,381
Land & buildings	€ 348,963 Land & buildings 2022: € 348,963 First fiscal year in the series	€ 341,943 Land & buildings 2023: € 341,943 ▼ 2% vs 2022 (€ 348,963) Unchanged	€ 859,619 Land & buildings 2024: € 859,619 ▲ 151% vs 2023 (€ 341,943) Unchanged	€ 118,023 Land & buildings 2025: € 118,023 ▼ 86% vs 2024 (€ 859,619) Unchanged	▼ 86%
Retained profit	€ -42,551 Retained profit 2022: € -42,551 First fiscal year in the series	€ -75,369 Retained profit 2023: € -75,369 ▼ € 32,818 vs 2022 (€ -42,551) Unfavourable step	€ -129,018 Retained profit 2024: € -129,018 ▼ € 53,649 vs 2023 (€ -75,369) Unfavourable step	€ 92,651 Retained profit 2025: € 92,651 ▲ € 221,669 vs 2024 (€ -129,018) Favourable step	▲ € 221,669
Bank debt	€ 173,475 Bank debt 2022: € 173,475 First fiscal year in the series	€ 143,533 Bank debt 2023: € 143,533 ▼ 17% vs 2022 (€ 173,475) Favourable step	€ 466,133 Bank debt 2024: € 466,133 ▲ 225% vs 2023 (€ 143,533) Unfavourable step	€ 82,794 Bank debt 2025: € 82,794 ▼ 82% vs 2024 (€ 466,133) Favourable step	▼ 82%
Balance sheet total	€ 1,268,355 Balance sheet total 2022: € 1,268,355 First fiscal year in the series	€ 1,207,305 Balance sheet total 2023: € 1,207,305 ▼ 5% vs 2022 (€ 1,268,355) Unchanged	€ 1,653,410 Balance sheet total 2024: € 1,653,410 ▲ 37% vs 2023 (€ 1,207,305) Unchanged	€ 738,269 Balance sheet total 2025: € 738,269 ▼ 55% vs 2024 (€ 1,653,410) Unchanged	▼ 55%

Key figures of VELCOVAR, 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 VELCOVAR?

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

Aug 31, 2026 New annual accounts for financial year 2025: profit of € 221,669. filed late Source: NBB ↗
Mar 7, 2002 New establishment in Roeselare. KBO
Jun 7, 1978 Start of the company according to the CBE. KBO

In short

From € 34,503 loss in 2022 to € 221,669 profit in 2025.

Paid € 456 in corporate taxes since 2022.

Best year ever: 2025, with € 221,669 profit.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Kachtemsestraat 28

8800 Roeselare

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

Credendo

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

Details

Company number

0418.379.311

VAT number

BE 0418.379.311

Registered office

Kachtemsestraat 28, 8800 Roeselare

Names & denominations

VELCOVAR

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

7 June 1978

Peppol

Active · Active since 30 Dec 2025

Activities · NACE

Detailhandel in huismeubilair

Detailhandel in huismeubilair in gespecialiseerde winkels

View on CBE Public ↗ Annual accounts (NBB) ↗