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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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2024; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2024.
Financials
Financial year 2024
Velektro from Pelt, company number BE0670784890, closed financial year 2024 with a result of € 127,399 after tax. For that financial year Velektro recorded a gross margin of € 611,465 and equity of € 192,735. Compared with financial year 2023, the result moved from € 6,309 to € 127,399. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2025.
€ 192,735
▲ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 127,399
▲ € 121,091 vs 2023
Profit after tax over the fiscal year.
€ 16,328
▼ 63% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 120,000 paid out
94 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
7.9
▼ 0.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 328,991
▲ 1% vs 2023
€ 41,600 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.
€ 4,901
▼ 64% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1.6 million
▲ 1% vs 2023
€ 169,798 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 309,825
▼ 7% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 46,128
▼ 59% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 429,507 | € 440,032 | € 526,491 | € 611,465 | ▲ 16% |
| Profit after taxes | € 209,257 | € 118,600 | € 6,309 | € 127,399 | ▲ € 121,091 |
| Equity | € 160,427 | € 179,027 | € 185,335 | € 192,735 | ▲ 4% |
| Total debts | € 1,898,077 | € 2,191,501 | € 2,188,690 | € 2,164,595 | ▼ 1% |
| Cash | € 29,790 | € 8,095 | € 44,641 | € 16,328 | ▼ 63% |
| Land & buildings | € 75,143 | € 73,506 | € 61,393 | € 56,892 | ▼ 7% |
| Retained profit | € 141,827 | € 160,427 | € 166,735 | € 174,135 | ▲ 4% |
| Dividend | € 160,000 | € 100,000 | € 0 | € 120,000 | |
| Bank debt | € 1,180,574 | € 1,567,397 | € 1,627,419 | € 1,646,032 | ▲ 1% |
| Balance sheet total | € 2,058,504 | € 2,370,528 | € 2,374,025 | € 2,357,330 | ▼ 1% |
| Employees (FTE) | 4.4 | 5.5 | 8 | 7.9 | ▼ 0.1 |
Key figures of Velektro, 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 Velektro?
What happened at Velektro in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 127,399 (▲ € 121,091 vs 2023). filed late Source: NBB ↗
- Hülya Karacaoglan became a director. NBB
- Gert Nickmans stepped down as director. NBB
- Gert Nickmans became a director. NBB
- New establishment in Gent. KBO
- New establishment in Pelt. KBO
- Start of the company according to the CBE. KBO
In short
From € 209,257 profit in 2021 to € 127,399 profit in 2024.
Paid € 44,518 in corporate taxes since 2021.
Best year ever: 2021, with € 209,257 profit.
On average € 77,400 of value added per employee in 2024.
A new publication or filing at Velektro? 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 Velektro are Liro BV and Hülya Karacaoglan. It owns 100% of Velektro Hasselt, 100% of Leone International, 100% of Welease and 95% of Battery Repair Service itself.
Directors
According to the 2024 annual accounts
Director · represented by Erdal Arslan
Hülya Karacaoglan
Director
since 2025
Gert Nickmans
Director
since 2022 · until 2024
Establishments
Establishment units
Physical locations of this company
Kaemerveldstraat 15
3900 Pelt
Astridlaan 115
3900 Pelt
Active since 6 February 2017
Dok-Noord 7 box 1B
9000 Gent
Active since 1 March 2018
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
- 0670.784.890
- VAT number
- BE 0670.784.890
- Registered office
- Kaemerveldstraat 15, 3900 Pelt
- Names & denominations
- Velektro
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 February 2017
- Peppol
- Active · Active since 28 Nov 2025
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