Financials
Financial year 2025
Geert Velo from Aalst, company number BE0720800565, closed financial year 2025 with a result of € 93,871 after tax. For that financial year Geert Velo recorded a gross margin of € 265,080 and equity of € 716,805. Compared with financial year 2024, the result moved from € 71,805 to € 93,871. 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 May 19, 2026.
€ 716,805
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 93,871
▲ 31% vs 2024
Profit after tax over the fiscal year.
€ 127,950
▲ 2% 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 € 698,205.
People and assets in 2025
1.9
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 102,034
▲ 6% vs 2024
€ 53,700 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.
€ 127
▼ 92% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 135,622
▼ 42% vs 2024
€ 8,349 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 25,371
▲ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28,729
▲ 43% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 255,928 | € 393,518 | € 217,542 | € 265,080 | ▲ 22% |
| Profit after taxes | € 160,501 | € 202,054 | € 71,805 | € 93,871 | ▲ 31% |
| Equity | € 349,871 | € 551,924 | € 621,630 | € 716,805 | ▲ 15% |
| Total debts | € 428,600 | € 385,858 | € 288,157 | € 195,701 | ▼ 32% |
| Cash | € 51,136 | € 27,313 | € 125,953 | € 127,950 | ▲ 2% |
| Retained profit | € 331,271 | € 533,324 | € 603,030 | € 698,205 | ▲ 16% |
| Dividend | € 33,342 | € 0 | € 2,100 | € 0 | ▼ 100% |
| Bank debt | € 249,080 | € 267,501 | € 235,482 | € 135,622 | ▼ 42% |
| Balance sheet total | € 778,471 | € 937,782 | € 909,786 | € 912,505 | |
| Employees (FTE) | 0.3 | 1.9 | 2 | 1.9 | ▼ 0.1 |
Key figures of Geert 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 Geert Velo?
What happened at Geert Velo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 93,871 (▲ 31% vs 2024). Source: NBB ↗
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 160,501 profit in 2022 to € 93,871 profit in 2025.
Paid € 226,876 in corporate taxes since 2022.
Best year ever: 2023, with € 202,054 profit.
On average € 139,500 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 Geert Velo are Marijke Verleyen, Geert Van Hauwermeiren and Rulogi.
Directors
According to the 2025 annual accounts
Marijke Verleyen
Director
Geert Van Hauwermeiren
Director
Director · represented by Kevin Gits
Establishments
Establishment units
Physical locations of this company
Pachthofstraat 50
9308 Aalst
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Website info
Features
Security
Network
Details
- Company number
- 0720.800.565
- VAT number
- BE 0720.800.565
- Registered office
- Pachthofstraat 50, 9308 Aalst
- Names & denominations
- Geert Velo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 February 2019
- Peppol
- Active · Active since 24 Sept 2025
- Contact
- geertvelo.be
- Activities · NACE
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