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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VELODÔME from Antwerpen, company number BE0524980232, closed financial year 2025 with a result of € -82,562 after tax. For that financial year VELODÔME recorded revenue of € 14 million and equity of € 828,334. Compared with financial year 2024, the result moved from € -176,619 to € -82,562. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 21, 2026.
€ 828,334
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -82,562
▲ 53 % less loss than in 2024
Profit after tax over the fiscal year.
€ 403,864
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 628,459.
People and assets in 2025
33.1
▲ 5.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▲ 22% vs 2024
€ 51,700 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.
€ 17,455
▲ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.5 million
▼ 15% vs 2024
€ 782,441 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1 million
▲ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 31 days on average.
€ 228,235
▼ 29% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 12,402,289 | € 14,044,772 | ▲ 13% |
| Gross margin | € 1,424,506 | € 2,212,684 | - | - | |
| Profit after taxes | € 150,686 | € 238,996 | € -176,619 | € -82,562 | ▲ € 94,057 |
| Equity | € 848,518 | € 1,087,514 | € 910,895 | € 828,334 | ▼ 9% |
| Total debts | € 7,527,255 | € 7,510,096 | € 6,652,410 | € 6,282,297 | ▼ 6% |
| Cash | € 665,906 | € 650,159 | € 410,081 | € 403,864 | ▼ 2% |
| Retained profit | € 648,643 | € 887,639 | € 711,020 | € 628,459 | ▼ 12% |
| Bank debt | € 4,653,512 | € 4,960,612 | € 4,102,953 | € 3,479,618 | ▼ 15% |
| Balance sheet total | € 8,375,773 | € 8,619,621 | € 7,563,306 | € 7,110,630 | ▼ 6% |
| Employees (FTE) | 16.3 | 32.4 | 27.6 | 33.1 | ▲ 5.5 |
Key figures of VELODÔME, 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 VELODÔME 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 VELODÔME?
What happened at VELODÔME in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 82,562. filed late Source: NBB ↗
- Pagima BV became a director. NBB
- Guepard BV stepped down as director. NBB
- New establishment in Antwerpen. KBO
- New establishment in Aarschot. KBO
- New establishment in Tienen. KBO
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- New establishment in Beveren. KBO
In short
From € 150,686 profit in 2022 to € 82,562 loss in 2025.
Paid € 307,140 in corporate taxes since 2022.
Best year ever: 2023, with € 238,996 profit.
On average € 68,300 of value added per employee in 2023.
Management
The stake of Guepard comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VELODÔMEBehind VELODÔME are Heyvaerts BV and Pagima BV. The shares are held by Guepard (51%).
Directors
According to the 2025 annual accounts
Director · represented by Stijn Luc J Heyvaerts
Managing director · represented by Philippe Van Eekhout
since 2025
Managing director · represented by Philippe Van Eekhout
· until 2025
Shareholders
51%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Montignystraat 81
2018 Antwerpen
Boomgaardstraat 12-14
2600 Antwerpen
Active since 1 April 2013
Albert Panisstraat(BEV) 69
9120 Beveren
Active since 7 January 2020
Bredabaan 241
2930 Brasschaat
Active since 3 April 2018
Albert Panisstraat(BEV) 71
9120 Beveren-Kruibeke-Zwijndrecht
Active since 1 May 2021
Betekomsesteenweg 69 box A
3200 Aarschot
Active since 1 June 2023
Leuvenselaan 466
3300 Tienen
Active since 1 June 2023
Montignystraat 81-85
2018 Antwerpen
Active since 1 June 2025
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
- 0524.980.232
- VAT number
- BE 0524.980.232
- Registered office
- Montignystraat 81, 2018 Antwerpen
- Names & denominations
- VELODÔME
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 March 2013
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Detailhandel in fietsen
Detailhandel in motorrijwielen, delen en toebehoren van motorrijwielen
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Reparatie en onderhoud van consumentenartikelen, neg