Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
Financials
Financial year 2024
VELABO from Brugge, company number BE0441232511, closed financial year 2024 with a result of € -10,991 after tax. For that financial year VELABO recorded a gross margin of € 13,168 and equity of € 1.3 million. Compared with financial year 2023, the result moved from € -8,719 to € -10,991. The company made a loss. 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 July 11, 2025.
€ 1.3 million
▼ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,991
▼ 26 % more loss than in 2023
Profit after tax over the fiscal year.
€ 94,080
▼ 5% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -845,511.
People and assets in 2024
€ 13,079
▲ 7% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 135
▼ 25% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 913
▼ 20% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,709
▲ 17% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 20,100 | € 17,286 | € 16,189 | € 13,168 | ▼ 19% |
| Profit after taxes | € -3,387 | € -5,238 | € -8,719 | € -10,991 | ▼ € 2,272 |
| Equity | € 1,277,782 | € 1,272,544 | € 1,263,825 | € 1,252,835 | ▼ 1% |
| Total debts | € 2,452 | € 4,539 | € 3,963 | € 4,660 | ▲ 18% |
| Cash | € 100,695 | € 102,663 | € 99,110 | € 94,080 | ▼ 5% |
| Land & buildings | € 986,791 | € 968,595 | € 950,399 | € 932,203 | ▼ 2% |
| Retained profit | € -820,563 | € -825,801 | € -834,520 | € -845,511 | ▼ € 10,991 |
| Balance sheet total | € 1,280,234 | € 1,277,083 | € 1,267,788 | € 1,257,494 | ▼ 1% |
| Employees (FTE) | 0.3 | 0.3 | - | - |
Key figures of VELABO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to VELABO?
What happened at VELABO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 10,991. Source: NBB ↗
- Filip Melis became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,387 loss in 2021 to € 10,991 loss in 2024.
A new publication or filing at VELABO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind VELABO is Filip Melis. Filip Melis is also behind MONCEAU DU ZOUTE, MARIANNA and FILIP MELIS.
Directors
According to the 2024 annual accounts
since 2018
Establishments
Establishment units
Physical locations of this company
Pastoriestraat 336
8200 Brugge
Hamiltonpark 20
8000 Brugge
Active since 29 August 1990
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.232.511
- VAT number
- BE 0441.232.511
- Registered office
- Pastoriestraat 336, 8200 Brugge
- Names & denominations
- VELABO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 June 1990
- Peppol
- Active · Active since 3 Sept 2026
- Activities · NACE
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