What does VEDELEC do?

VEDELEC is a wholesaler in Ath. Public Limited, started on 20 August 1983, 1 establishment.

What is the address of VEDELEC?

The registered office of VEDELEC is located at Rue du Parc Industriel(GHI) 32, 7822 Ath.

Is VEDELEC still active?

Yes. According to the CBE (29 October 2026) VEDELEC is active, legal situation “Normale toestand”, started on 20 August 1983.

Is VEDELEC registered on Peppol?

Yes, VEDELEC is registered on the Peppol network with ID 0208:0424591071.

What is the enterprise number of VEDELEC?

The enterprise number of VEDELEC is BE0424591071.

When was VEDELEC founded?

VEDELEC was founded on 20 August 1983.

Who are the directors of VEDELEC?

According to the 2025 annual accounts, the directors of VEDELEC are: BRAINCODE SRL, ECOPARTS SAS S. Etr..

Is VEDELEC a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 August 1983; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did VEDELEC make in 2025?

VEDELEC posted a profit after taxes of € 722,236 in financial year 2025.

What is the revenue of VEDELEC?

In its most recent annual accounts (2025), VEDELEC reported revenue of € 28,545,991.

How much does an employee at VEDELEC earn?

The average wage cost per full-time employee at VEDELEC was € 54,100 in 2025: staff costs of € 2.2 million for 41 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does VEDELEC have?

According to the 2025 annual accounts, VEDELEC has 41 full-time equivalents (FTE).

Does VEDELEC have a website?

Yes, VEDELEC has a website at vedelec.be.

VEDELEC (Public Limited) - Ath - BE0424591071

Dossier VEDELEC, printed on 29 October 2026 from databakkes.be/en/0424591071/vedelec. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

VEDELEC from Ath, company number BE0424591071, closed financial year 2025 with a result of € 722,236 after tax. For that financial year VEDELEC recorded revenue of € 28.5 million and equity of € 3.8 million. Compared with financial year 2024, the result moved from € 1.6 million to € 722,236. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.

What it is worth Healthy

€ 3.8 million

▼ 1% vs 2024

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

Profit Healthy

€ 722,236

▼ 56% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 709,109

▼ 20% vs 2024

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

Where the profit goes Pays out

€ 750,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

▲ 2.2 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: € 4.9 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2.2 million

▲ 6% vs 2024

€ 54,100 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

€ 18,177

▼ 20% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 276 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.

€ 2.4 million

▼ 3% vs 2024

€ 8,668 is repaid this year. At this pace the long-term loan is gone in ≈ 276 years.

Owed to suppliers

€ 2.3 million

▼ 5% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 33 days on average.

Wages and social charges

€ 429,234

▼ 29% vs 2024

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 28,866,538 Revenue 2022: € 28,866,538 First fiscal year in the series	€ 30,922,501 Revenue 2023: € 30,922,501 ▲ 7% vs 2022 (€ 28,866,538) Favourable step	€ 28,141,558 Revenue 2024: € 28,141,558 ▼ 9% vs 2023 (€ 30,922,501) Unfavourable step	€ 28,545,991 Revenue 2025: € 28,545,991 ▲ 1% vs 2024 (€ 28,141,558) Favourable step	▲ 1%
Profit after taxes	€ 1,925,440 Profit after taxes 2022: € 1,925,440 First fiscal year in the series	€ 2,164,229 Profit after taxes 2023: € 2,164,229 ▲ 12% vs 2022 (€ 1,925,440) Favourable step	€ 1,630,618 Profit after taxes 2024: € 1,630,618 ▼ 25% vs 2023 (€ 2,164,229) Unfavourable step	€ 722,236 Profit after taxes 2025: € 722,236 ▼ 56% vs 2024 (€ 1,630,618) Unfavourable step	▼ 56%
Equity	€ 3,124,019 Equity 2022: € 3,124,019 First fiscal year in the series	€ 3,878,045 Equity 2023: € 3,878,045 ▲ 24% vs 2022 (€ 3,124,019) Favourable step	€ 3,809,294 Equity 2024: € 3,809,294 ▼ 2% vs 2023 (€ 3,878,045) Unfavourable step	€ 3,771,555 Equity 2025: € 3,771,555 ▼ 1% vs 2024 (€ 3,809,294) Unfavourable step	▼ 1%
Total debts	€ 7,330,177 Total debts 2022: € 7,330,177 First fiscal year in the series	€ 7,789,925 Total debts 2023: € 7,789,925 ▲ 6% vs 2022 (€ 7,330,177) Unfavourable step	€ 7,171,229 Total debts 2024: € 7,171,229 ▼ 8% vs 2023 (€ 7,789,925) Favourable step	€ 5,851,509 Total debts 2025: € 5,851,509 ▼ 18% vs 2024 (€ 7,171,229) Favourable step	▼ 18%
Cash	€ 2,018,077 Cash 2022: € 2,018,077 First fiscal year in the series	€ 2,967,417 Cash 2023: € 2,967,417 ▲ 47% vs 2022 (€ 2,018,077) Favourable step	€ 887,408 Cash 2024: € 887,408 ▼ 70% vs 2023 (€ 2,967,417) Unfavourable step	€ 709,109 Cash 2025: € 709,109 ▼ 20% vs 2024 (€ 887,408) Unfavourable step	▼ 20%
Land & buildings	€ 1,028,403 Land & buildings 2022: € 1,028,403 First fiscal year in the series	€ 961,033 Land & buildings 2023: € 961,033 ▼ 7% vs 2022 (€ 1,028,403) Unchanged	€ 893,663 Land & buildings 2024: € 893,663 ▼ 7% vs 2023 (€ 961,033) Unchanged	€ 826,731 Land & buildings 2025: € 826,731 ▼ 7% vs 2024 (€ 893,663) Unchanged	▼ 7%
Retained profit	€ 1,880,643 Retained profit 2022: € 1,880,643 First fiscal year in the series	€ 2,644,872 Retained profit 2023: € 2,644,872 ▲ 41% vs 2022 (€ 1,880,643) Favourable step	€ 2,575,490 Retained profit 2024: € 2,575,490 ▼ 3% vs 2023 (€ 2,644,872) Unfavourable step	€ 2,547,727 Retained profit 2025: € 2,547,727 ▼ 1% vs 2024 (€ 2,575,490) Unfavourable step	▼ 1%
Dividend	€ 1,600,000 Dividend 2022: € 1,600,000 First fiscal year in the series	€ 1,400,000 Dividend 2023: € 1,400,000 ▼ 12% vs 2022 (€ 1,600,000) Unchanged	€ 1,700,000 Dividend 2024: € 1,700,000 ▲ 21% vs 2023 (€ 1,400,000) Unchanged	€ 750,000 Dividend 2025: € 750,000 ▼ 56% vs 2024 (€ 1,700,000) Unchanged	▼ 56%
Bank debt	€ 2,532,346 Bank debt 2022: € 2,532,346 First fiscal year in the series	€ 2,739,974 Bank debt 2023: € 2,739,974 ▲ 8% vs 2022 (€ 2,532,346) Unfavourable step	€ 2,459,744 Bank debt 2024: € 2,459,744 ▼ 10% vs 2023 (€ 2,739,974) Favourable step	€ 2,395,082 Bank debt 2025: € 2,395,082 ▼ 3% vs 2024 (€ 2,459,744) Favourable step	▼ 3%
Balance sheet total	€ 10,664,087 Balance sheet total 2022: € 10,664,087 First fiscal year in the series	€ 11,868,765 Balance sheet total 2023: € 11,868,765 ▲ 11% vs 2022 (€ 10,664,087) Unchanged	€ 11,162,966 Balance sheet total 2024: € 11,162,966 ▼ 6% vs 2023 (€ 11,868,765) Unchanged	€ 9,792,784 Balance sheet total 2025: € 9,792,784 ▼ 12% vs 2024 (€ 11,162,966) Unchanged	▼ 12%
Employees (FTE)	37.6 Employees (FTE) 2022: 37.6 First fiscal year in the series	39.5 Employees (FTE) 2023: 39.5 ▲ 1.9 vs 2022 (37.6) Unchanged	38.8 Employees (FTE) 2024: 38.8 ▼ 0.7 vs 2023 (39.5) Unchanged	41 Employees (FTE) 2025: 41 ▲ 2.2 vs 2024 (38.8) Unchanged	▲ 2.2

Key figures of VEDELEC, 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 VEDELEC?

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

2029 ECOPARTS SAS S. Etr. stepped down as director. NBB
Jun 30, 2026 New annual accounts for financial year 2025: profit of € 722,236 (▼ 56% vs 2024). Source: NBB ↗
2024 BRAINCODE SRL became a director. NBB
2024 ECOPARTS SAS S. Etr. became a director. NBB
May 18, 2015 New establishment in Ath. KBO
Aug 20, 1983 Start of the company according to the CBE. KBO

In short

From € 1.9 million profit in 2022 to € 722,236 profit in 2025.

Paid € 972,994 in corporate taxes since 2022.

Best year ever: 2023, with € 2.2 million profit.

Paid out € 5.5 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

BRAINCODE SRL

VEDELEC

EUROPART SERVICE OOST

NetTrade

Behind VEDELEC is BRAINCODE SRL. BRAINCODE SRL is also behind EUROPART SERVICE OOST and NetTrade.

Directors

According to the 2025 annual accounts

BRAINCODE SRL

Personne déléguée à la gestion journalière · represented by Lindsey Haak

Also active at: EUROPART SERVICE OOST, NetTrade

since 2024

ECOPARTS SAS S. Etr.

Director · represented by Olivier Guyon de Montlivault

Also active at: EUROPART SERVICE OOST, NetTrade

since 2024 · until 2029

Establishments

Establishment units

Physical locations of this company

Registered office

Rue du Parc Industriel(GHI) 32

7822 Ath

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 →

NetTrade same network

€ 147,163 gross margin · 2025

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

Website

HTTPS vedelec.be

Canonical: https://www.vedelec.be

Technologies

Advanced Custom FieldsLodashPWAReactWixlazysizes

Hosting & Email

Email provider

Google Workspace

Hosting

WIX_COM, IL

DNS

OVH DNS

Website info

HTTPS Ja

Languages DE, EN, ES, FR, IT, NL

Features

Webshop

Security

✓ HTTPS

✓ SPF

✓ DMARC

Details

Company number: 0424.591.071
VAT number: BE 0424.591.071
Registered office: Rue du Parc Industriel(GHI) 32, 7822 Ath
Names & denominations: VEDELEC
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 20 August 1983
Peppol: Active · Active since 1 Jan 2001
Contact: vedelec.be
Activities · NACE: Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur

View on CBE Public ↗ Annual accounts (NBB) ↗