Financials
Financial year 2025
VELO from Leuven, company number BE0453069875, closed financial year 2025 with a result of € -21,778 after tax. For that financial year VELO recorded revenue of € 3.3 million and equity of € 2.3 million. Compared with financial year 2024, the result moved from € 120,539 to € -21,778. The company made a loss. 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 July 2, 2026.
€ 2.3 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -21,778
▼ still € 120,539 profit in 2024
Profit after tax over the fiscal year.
€ 1 million
▼ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
67.8
▲ 6.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.4 million
▲ 13% vs 2024
€ 49,700 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.
€ 465,885
▲ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 211,411
▼ 3% vs 2024
€ 17,407 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 114,825
▼ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 377,616
▲ 17% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,581,573 | € 3,025,814 | € 3,266,148 | € 3,269,455 | |
| Gross margin | € 2,859,140 | € 3,380,994 | € 3,394,812 | € 3,627,727 | ▲ 7% |
| Profit after taxes | € 316,484 | € 274,148 | € 120,539 | € -21,778 | ▼ € 142,317 |
| Equity | € 1,837,528 | € 2,128,288 | € 2,282,845 | € 2,293,897 | |
| Total debts | € 1,544,546 | € 1,548,237 | € 1,714,967 | € 1,716,984 | |
| Cash | € 1,247,211 | € 1,281,321 | € 1,188,089 | € 1,022,328 | ▼ 14% |
| Land & buildings | € 866,707 | € 848,870 | € 817,364 | € 778,520 | ▼ 5% |
| Retained profit | € 1,414,278 | € 1,688,425 | € 1,808,964 | € 1,787,187 | ▼ 1% |
| Bank debt | € 264,958 | € 222,575 | € 216,989 | € 211,411 | ▼ 3% |
| Balance sheet total | € 3,382,075 | € 3,676,524 | € 3,997,812 | € 4,010,881 | |
| Employees (FTE) | 54.4 | 58.6 | 61.7 | 67.8 | ▲ 6.1 |
Key figures of VELO, 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 VELO?
What happened at VELO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 21,778 (▼ € 142,317 vs 2024). Source: NBB ↗
- Marlou Reijngoudt became a director. NBB
- Elin Vanhooren became a director. NBB
- Kathy De Roover became a director. NBB
- Stefaan Saeys became a director. NBB
- Ine Vanlinthout stepped down as director. NBB
- Samuel Bootsman stepped down as director. NBB
- Gerard Govers stepped down as director. NBB
In short
From € 316,484 profit in 2022 to € 21,778 loss in 2025.
Paid € 36,940 in corporate taxes since 2022.
Best year ever: 2022, with € 316,484 profit.
On average € 53,500 of value added per employee in 2025.
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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 VELO are Marlou Reijngoudt, Steven Lesage, Elin Vanhooren, Esther Nevelsteen, Kathy De Roover and Stefaan Saeys. Steven Lesage is also behind CargoCooL. Elin Vanhooren is also behind Politika.
Directors
According to the 2025 annual accounts
Marlou Reijngoudt
Director
since 2026
since 2016
since 2026
Esther Nevelsteen
Director
since 2023
Kathy De Roover
Director
since 2026
Stefaan Saeys
Chairman of the board
Also active at: HOSPITAL LOGISTICS, TOSH, LEUVEN KLIMAATNEUTRAAL 2030, SALVE MATER
since 2026
Wouter Van Dyck
Director
since 2007
Dirk Vansina
Director
Also active at: FLUVIUS ZENNE-DIJLE, AquaFlanders, Stedelijk Jeugdwerk Leuven, Fluvius System Operator, Jeugdhuis Leuven VZW, Erfgoedsite Abdij Van Park
since 2025
since 2019 · until 2025
since 2024 · until 2026
Samuel Bootsman
Director
since 2024 · until 2026
Gerard Govers
Chairman of the board
since 2017 · until 2026
Alexander Konstantinov
Director
since 2024 · until 2026
Establishments
Establishment units
Physical locations of this company
Hollestraat 1
3001 Leuven
Statieplein 18 box A
3200 Aarschot
Active since 1 April 2006
Professor Van Overstraetenplein 1 box 1
3000 Leuven
Active since 27 April 2007
Turnhoutsebaan -
3290 Diest
Active since 30 June 2010
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.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
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Details
- Company number
- 0453.069.875
- VAT number
- BE 0453.069.875
- Registered office
- Hollestraat 1, 3001 Leuven
- Names & denominations
- VELO
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 5 August 1994
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- velo.be [email protected] 016/298740
- Activities · NACE
Verhuur van sport- en kampeerartikelen
Verhuur en lease van sport- en recreatieartikelen
Reparatie en onderhoud van consumentenartikelen, neg
Overige reparaties, n.e.g.