Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
24 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Velga from Izegem, company number BE0425729238, closed financial year 2025 with a result of € 491,139 after tax. For that financial year Velga recorded a gross margin of € 1.5 million and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 617,480 to € 491,139. 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 December 23, 2025.
€ 1.8 million
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 491,139
▼ 20% vs 2024
Profit after tax over the fiscal year.
€ 44,879
▼ 70% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 181,600 paid out
37 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
15.8
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 597,797
▲ 1% vs 2024
€ 37,800 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.
€ 81,229
▲ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.2 million
▼ 16% vs 2024
€ 126,000 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 633,550
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 87,451
▼ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,262,276 | € 1,385,885 | € 1,636,070 | € 1,496,899 | ▼ 9% |
| Profit after taxes | € 447,498 | € 156,317 | € 617,480 | € 491,139 | ▼ 20% |
| Equity | € 1,016,480 | € 1,172,798 | € 1,528,777 | € 1,838,317 | ▲ 20% |
| Total debts | € 559,092 | € 3,077,029 | € 2,604,793 | € 2,088,425 | ▼ 20% |
| Cash | € 26,259 | € 91,034 | € 149,465 | € 44,879 | ▼ 70% |
| Land & buildings | - | € 3,198,983 | € 3,079,615 | € 2,960,248 | ▼ 4% |
| Retained profit | € 912,846 | € 1,069,163 | € 1,425,143 | € 1,734,682 | ▲ 22% |
| Dividend | € 0 | € 0 | € 261,500 | € 181,600 | ▼ 31% |
| Bank debt | € 25,000 | € 1,775,000 | € 1,415,000 | € 1,184,000 | ▼ 16% |
| Balance sheet total | € 1,575,572 | € 4,249,827 | € 4,133,570 | € 3,926,742 | ▼ 5% |
| Employees (FTE) | 16 | 15.2 | 15.2 | 15.8 | ▲ 0.6 |
Key figures of Velga, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Velga?
What happened at Velga in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Unic Mona NV stepped down as director. NBB
- Olsson BV stepped down as director. NBB
- Willems Districonsult BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 491,139 (▼ 20% vs 2024). Source: NBB ↗
- Unic Mona NV became a director. NBB
- Olsson BV became a director. NBB
- Willems Districonsult BV became a director. NBB
- New establishment in Houthalen-Helchteren. KBO
In short
From € 447,498 profit in 2022 to € 491,139 profit in 2025.
Paid € 440,291 in corporate taxes since 2022.
Best year ever: 2024, with € 617,480 profit.
On average € 94,700 of value added per employee in 2025.
Management
The stake of UNIC-MONA, OLSSON comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VelgaThe shares are held by UNIC-MONA (33.4%) and OLSSON (33.3%).
Directors
According to the 2025 annual accounts
Managing director · represented by Pascal VANHONSEBROUCK
Also active at: MEIRSCHAERT IMMO, Unic Aalter, EVERCO, GB GENTBRUGGE, AARTCO, MEUCO, UNIC WAASLAND, GEMA +3 more
since 2015 · until 2027
since 2015 · until 2027
Managing director · represented by René WILLEMS
Also active at: SHOPPING DIEPENBEEK, HERMANS DIEPENBEEK
since 2015 · until 2027
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gentsestraat 61
8870 Izegem
Weg naar Zwartberg 75
3530 Houthalen-Helchteren
Active since 6 May 1987
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 24 companies are registered at this address.
All companies at this address →MEIRSCHAERT IMMO same network
€ 72,574 gross margin · 2025
Unic Aalter same network
€ 748,818 gross margin · 2025
UNIC-MONA same network
€ 4.3 million gross margin · 2025
VARIA
€ 737,012 gross margin · 2025
EVERCO same network
€ 1.2 million gross margin · 2025
+19 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.729.238
- VAT number
- BE 0425.729.238
- Registered office
- Gentsestraat 61, 8870 Izegem
- Names & denominations
- Velga
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 December 1983
- Peppol
- Active · Active since 18 Mar 2026
- Activities · NACE
Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)
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Detailhandel in vlees en vleesproducten, muv vlees van wild en van gevogelte
Detailhandel in vlees en vleeswaren
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