What does VELO EVOLUTION do?

VELO EVOLUTION is a shop in Liège. Private Limited, started on 7 March 2019, 1 establishment.

What is the address of VELO EVOLUTION?

The registered office of VELO EVOLUTION is located at Avenue Georges-Truffaut 44, 4020 Liège.

Is VELO EVOLUTION still active?

Yes. According to the CBE (31 October 2026) VELO EVOLUTION is active, legal situation “Normale toestand”, started on 7 March 2019.

Is VELO EVOLUTION registered on Peppol?

Yes, VELO EVOLUTION is registered on the Peppol network with ID 0208:0721950511.

What is the enterprise number of VELO EVOLUTION?

The enterprise number of VELO EVOLUTION is BE0721950511.

When was VELO EVOLUTION founded?

VELO EVOLUTION was founded on 7 March 2019.

Who are the directors of VELO EVOLUTION?

According to the 2025 annual accounts, the directors of VELO EVOLUTION are: RICHARD THYS.

Is VELO EVOLUTION a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 March 2019; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did VELO EVOLUTION make in 2025?

VELO EVOLUTION posted a profit after taxes of € 1,248 in financial year 2025.

What is the revenue of VELO EVOLUTION?

As a small company, VELO EVOLUTION is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 60,789.

How much does an employee at VELO EVOLUTION earn?

The average wage cost per full-time employee at VELO EVOLUTION was € 46,100 in 2022: staff costs of € 73,681 for 1.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

Does VELO EVOLUTION have a website?

Yes, VELO EVOLUTION has a website at velo-evolution.be.

VELO EVOLUTION (Private Limited) - Liège - BE0721950511

Dossier VELO EVOLUTION, printed on 31 October 2026 from databakkes.be/en/0721950511/velo-evolution. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 3 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

VELO EVOLUTION from Liège, company number BE0721950511, closed financial year 2025 with a result of € 1,248 after tax. For that financial year VELO EVOLUTION recorded a gross margin of € 60,789 and equity of € -30,978. Compared with financial year 2024, the result moved from € -35,988 to € 1,248. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.

What it is worth Caution

€ -30,978

▲ € 1,248 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 1,248

▲ still € 35,988 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2,611

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -44,978.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 52,940

▼ 43% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2025

Bank debt

€ 37,570

▲ 29% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 11,536

▼ 7% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 32,566

▲ 106% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 405,386 Revenue 2022: € 405,386 First fiscal year in the series	-	-	-
Gross margin	€ 88,716 Gross margin 2022: € 88,716 First fiscal year in the series	€ 155,165 Gross margin 2023: € 155,165 ▲ 75% vs 2022 (€ 88,716) Favourable step	€ 60,117 Gross margin 2024: € 60,117 ▼ 61% vs 2023 (€ 155,165) Unfavourable step	€ 60,789 Gross margin 2025: € 60,789 ▲ 1% vs 2024 (€ 60,117) Favourable step	▲ 1%
Profit after taxes	€ 7,634 Profit after taxes 2022: € 7,634 First fiscal year in the series	€ 6,601 Profit after taxes 2023: € 6,601 ▼ 14% vs 2022 (€ 7,634) Unfavourable step	€ -35,988 Profit after taxes 2024: € -35,988 ▼ € 42,589 vs 2023 (€ 6,601) Unfavourable step	€ 1,248 Profit after taxes 2025: € 1,248 ▲ € 37,236 vs 2024 (€ -35,988) Favourable step	▲ € 37,236
Equity	€ -2,838 Equity 2022: € -2,838 First fiscal year in the series	€ 3,762 Equity 2023: € 3,762 ▲ € 6,600 vs 2022 (€ -2,838) Favourable step	€ -32,226 Equity 2024: € -32,226 ▼ € 35,988 vs 2023 (€ 3,762) Unfavourable step	€ -30,978 Equity 2025: € -30,978 ▲ € 1,248 vs 2024 (€ -32,226) Favourable step	▲ € 1,248
Total debts	€ 297,830 Total debts 2022: € 297,830 First fiscal year in the series	€ 233,413 Total debts 2023: € 233,413 ▼ 22% vs 2022 (€ 297,830) Favourable step	€ 251,821 Total debts 2024: € 251,821 ▲ 8% vs 2023 (€ 233,413) Unfavourable step	€ 183,429 Total debts 2025: € 183,429 ▼ 27% vs 2024 (€ 251,821) Favourable step	▼ 27%
Cash	-	-	-	€ 2,611 Cash 2025: € 2,611 First fiscal year in the series
Retained profit	€ -16,838 Retained profit 2022: € -16,838 First fiscal year in the series	€ -10,238 Retained profit 2023: € -10,238 ▲ € 6,600 vs 2022 (€ -16,838) Favourable step	€ -46,226 Retained profit 2024: € -46,226 ▼ € 35,988 vs 2023 (€ -10,238) Unfavourable step	€ -44,978 Retained profit 2025: € -44,978 ▲ € 1,248 vs 2024 (€ -46,226) Favourable step	▲ € 1,248
Bank debt	€ 108,980 Bank debt 2022: € 108,980 First fiscal year in the series	€ 82,244 Bank debt 2023: € 82,244 ▼ 25% vs 2022 (€ 108,980) Favourable step	€ 29,030 Bank debt 2024: € 29,030 ▼ 65% vs 2023 (€ 82,244) Favourable step	€ 37,570 Bank debt 2025: € 37,570 ▲ 29% vs 2024 (€ 29,030) Unfavourable step	▲ 29%
Balance sheet total	€ 294,992 Balance sheet total 2022: € 294,992 First fiscal year in the series	€ 237,174 Balance sheet total 2023: € 237,174 ▼ 20% vs 2022 (€ 294,992) Unchanged	€ 219,595 Balance sheet total 2024: € 219,595 ▼ 7% vs 2023 (€ 237,174) Unchanged	€ 152,450 Balance sheet total 2025: € 152,450 ▼ 31% vs 2024 (€ 219,595) Unchanged	▼ 31%
Employees (FTE)	1.6 Employees (FTE) 2022: 1.6 First fiscal year in the series	-	-	-

Key figures of VELO EVOLUTION, 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 EVOLUTION?

What happened at VELO EVOLUTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 30, 2026 New annual accounts for financial year 2025: profit of € 1,248. Source: NBB ↗
Apr 1, 2019 New establishment in Liège. KBO
Mar 7, 2019 Start of the company according to the CBE. KBO

In short

From € 7,634 profit in 2022 to € 1,248 profit in 2025.

Best year ever: 2022, with € 7,634 profit.

On average € 55,400 of value added per employee in 2022.

Original PDFs at the National Bank ↗

Management

C.L.D.B. 4%

The stake of C.L.D.B. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

VELO EVOLUTION

Behind VELO EVOLUTION is RICHARD THYS. The shares are held by C.L.D.B. (4%).

Directors

According to the 2025 annual accounts

RICHARD THYS

Administrator-manager

Also active at: R. THYS

Shareholders

C.L.D.B.

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Avenue Georges-Truffaut 44

4020 Liège

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

R. THYS same network

€ 847,132 gross margin · 2025

C.L.D.B. same network

€ 65,724 gross margin · 2025

THYS

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS velo-evolution.be

Canonical: https://www.velo-evolution.be/

About

Technologies

Amazon CloudFrontFont AwesomeGoogle AnalyticsJavaNginxPWAjQuery

Hosting & Email

Email provider

Microsoft 365

Hosting

AMAZON-02 - Amazon.com, Inc., US

DNS

OVH DNS

Website info

HTTPS Ja

Languages FR

Features

Contact page

Security

✓ HTTPS

✓ SPF

✗ DMARC

Network

✓ Load balancing

Details

Company number

0721.950.511

VAT number

BE 0721.950.511

Registered office

Avenue Georges-Truffaut 44, 4020 Liège

Names & denominations

VELO EVOLUTION

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

7 March 2019

Peppol

Active · Active since 16 Jul 2025

Contact

velo-evolution.be [email protected] 0479/972.972

Activities · NACE

Detailhandel in fietsen

Detailhandel in fietsen in gespecialiseerde winkels

Verhuur en lease van sport- en recreatieartikelen

Vervaardiging van motorfietsen

Groothandel in fietsen

Reparatie en onderhoud van consumentenartikelen, neg

Vervaardiging van motoren en turbines, exclusief motoren voor luchtvaartuigen, motorvoertuigen en bromfietsen

View on CBE Public ↗ Annual accounts (NBB) ↗

VELO EVOLUTION

Warning lights

Financials

What happened to VELO EVOLUTION?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Website

Technologies

Hosting & Email

Website info

Features

Security

Network

Details

Frequently asked questions