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 14 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
VELEC from Lokeren, company number BE0452965551, closed financial year 2025 with a result of € 2,226 after tax. For that financial year VELEC recorded revenue of € 669,485 and equity of € 6.1 million. Compared with financial year 2024, the result moved from € -2,195 to € 2,226. 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 June 17, 2026.
€ 6.1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,226
▲ still € 2,195 loss in 2024
Profit after tax over the fiscal year.
€ 13,358
▲ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.9 million.
People and assets in 2025
9
Average over the fiscal year, from the social balance sheet.
€ 525,998
▼ 3% vs 2024
€ 58,400 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.
€ 9,448
▼ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 201,312
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 815 days on average.
€ 70,494
▼ 9% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,979,996 | € 1,404,404 | € 760,333 | € 669,485 | ▼ 12% |
| Gross margin | € 699,916 | - | - | - | |
| Profit after taxes | € 245,381 | € 18,642 | € -2,195 | € 2,226 | ▲ € 4,421 |
| Equity | € 6,051,540 | € 6,070,182 | € 6,067,987 | € 6,070,213 | |
| Total debts | € 3,857,063 | € 3,379,442 | € 3,290,150 | € 3,309,172 | ▲ 1% |
| Cash | € 85,541 | € 23,858 | € 10,157 | € 13,358 | ▲ 32% |
| Retained profit | € 2,882,949 | € 2,901,591 | € 2,899,396 | € 2,901,622 | |
| Balance sheet total | € 9,908,603 | € 9,449,624 | € 9,358,137 | € 9,379,385 | |
| Employees (FTE) | 6 | 8.6 | 9 | 9 |
Key figures of VELEC, 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 VELEC?
What happened at VELEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,226. Source: NBB ↗
- ANDRE BOUFFIOUX became a director. NBB
- TECO HOLDING S.A. became a director. NBB
- New establishment in Lokeren. KBO
- Start of the company according to the CBE. KBO
In short
From € 245,381 profit in 2022 to € 2,226 profit in 2025.
Paid € 117,663 in corporate taxes since 2022.
Best year ever: 2022, with € 245,381 profit.
On average € 116,700 of value added per employee in 2022.
A new publication or filing at VELEC? 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
The stake of Téco Holding, BHB comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VELECBehind VELEC are TECO HOLDING S.A. and ANDRE BOUFFIOUX. The shares are held by Téco Holding (100%) and BHB (0%). It owns 99.8% of TECONEX itself.
Directors
According to the 2025 annual accounts
Director · represented by HANS VANOORBEEK
since 2019
ANDRE BOUFFIOUX
Director
Also active at: Frisofina, ARMABO, Pauwels Transformers, Flanders Make, HRD ANTWERP
since 2021
Shareholders
100%
0%
Participations
99.8%
Establishments
Establishment units
Physical locations of this company
Spinnerslaan 10
9160 Lokeren
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0452.965.551
- VAT number
- BE 0452.965.551
- Registered office
- Spinnerslaan 10, 9160 Lokeren
- Names & denominations
- VELEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 July 1994
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Groothandel in elektrisch materiaal, inclusief installatiemateriaal
Groothandel in elektrisch materiaal inclusief installatiemateriaal
Vervaardiging van schakel- en verdeelinrichtingen