Financials
Financial year 2025
Veltec from Kapellen, company number BE0461951513, closed financial year 2025 with a result of € 39,031 after tax. For that financial year Veltec recorded a gross margin of € 3.9 million and equity of € 717,205. Compared with financial year 2024, the result moved from € -893,040 to € 39,031. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 7, 2026.
€ 717,205
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 39,031
▲ still € 893,040 loss in 2024
Profit after tax over the fiscal year.
€ 300,162
▼ 49% 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 € -607,795.
People and assets in 2025
40.3
▼ 3.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.3 million
▼ 3% vs 2024
€ 81,600 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.
€ 314,854
▼ 3% vs 2024
Of which on lease € 212,490.
Debts at end 2025
€ 2.5 million
▲ 9% vs 2024
€ 190,976 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 859,147
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 671,130
▼ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,760,127 | € 3,434,531 | € 2,978,878 | € 3,933,254 | ▲ 32% |
| Profit after taxes | € 47,951 | € -79,532 | € -893,040 | € 39,031 | ▲ € 932,071 |
| Equity | € 1,250,746 | € 1,171,214 | € 678,174 | € 717,205 | ▲ 6% |
| Total debts | € 2,650,052 | € 3,445,362 | € 4,079,723 | € 4,057,767 | ▼ 1% |
| Cash | € 1,112,459 | € 192,694 | € 585,435 | € 300,162 | ▼ 49% |
| Land & buildings | € 857,748 | € 901,512 | € 907,583 | € 883,673 | ▼ 3% |
| Retained profit | € -344,254 | € -423,786 | € -646,826 | € -607,795 | ▲ € 39,031 |
| Bank debt | € 1,753,434 | € 1,673,725 | € 2,316,657 | € 2,523,670 | ▲ 9% |
| Balance sheet total | € 3,931,235 | € 4,616,576 | € 4,757,897 | € 4,819,971 | ▲ 1% |
| Employees (FTE) | 30.8 | 40.8 | 43.7 | 40.3 | ▼ 3.4 |
By gross margin, Veltec ranks 1st of 45 companies with main activity “Vervaardiging van radiatoren, stoomketels en ketels voor centrale verwarming” in the province of Antwerp that publish figures (fiscal year 2025).
Key figures of Veltec, 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.
Ask about Veltec the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to Veltec?
What happened at Veltec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ludger Kramer stepped down as director. NBB
- Jörg Marzi stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 39,031. Source: NBB ↗
- Ludger Kramer became a director. NBB
- Jörg Marzi became a director. NBB
- New establishment in Kapellen. KBO
- Start of the company according to the CBE. KBO
In short
From € 47,951 profit in 2022 to € 39,031 profit in 2025.
Paid € 3,153 in corporate taxes since 2022.
Best year ever: 2022, with € 47,951 profit.
On average € 97,600 of value added per employee in 2025.
Management
The shares are held by ETABO Energietechnik und Anlagenservice GmbH (100%).
Directors
According to the 2025 annual accounts
Ludger Kramer
Managing director
since 2025 · until 2028
Jörg Marzi
Director
since 2022 · until 2027
Shareholders
ETABO Energietechnik und Anlagenservice GmbH
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Starrenhoflaan 13
2950 Kapellen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0461.951.513
- VAT number
- BE 0461.951.513
- Registered office
- Starrenhoflaan 13, 2950 Kapellen
- Names & denominations
- Veltec
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 November 1997
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
Vervaardiging van radiatoren, stoomketels en ketels voor centrale verwarming
Vervaardiging van stoomketels
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts
Technische studiën en ingenieursactiviteiten
Vervaardiging van stoomketels, exclusief warmwaterketels voor centrale verwarming
Schrijnwerk
Vervaardiging van niet-verspanende machines voor de metaalbewerking en van gereedschapswerktuigen voor metaalbewerking
Metaalschrijnwerk
+1