Financials
Financial year 2025
VELVET from Gent, company number BE0746489333, closed financial year 2025 with a result of € -697 after tax. For that financial year VELVET recorded a gross margin of € 4,514 and equity of € 1,303. Compared with financial year 2024, the result moved from € 3,618 to € -697. The company made a loss. The buffer shrank hard: equity is 99 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 1,303
▼ 99% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -697
▼ still € 3,618 profit in 2024
Profit after tax over the fiscal year.
€ 155,883
▼ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -697.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6,340
▼ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 39,821
▲ 36% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 11,963 | € 69,214 | € 10,631 | € 4,514 | ▼ 58% |
| Profit after taxes | € 7,111 | € 51,517 | € 3,618 | € -697 | ▼ € 4,314 |
| Equity | € 111,863 | € 163,380 | € 166,998 | € 1,303 | ▼ 99% |
| Total debts | € 57,183 | € 39,092 | € 55,341 | € 206,533 | ▲ 273% |
| Cash | € 159,733 | € 177,496 | € 199,679 | € 155,883 | ▼ 22% |
| Land & buildings | - | € 14,685 | € 13,095 | € 11,505 | ▼ 12% |
| Retained profit | € 109,863 | € 161,380 | € 164,998 | € -697 | ▼ € 165,694 |
| Dividend | € 0 | € 0 | € 0 | € 164,998 | |
| Balance sheet total | € 169,046 | € 202,472 | € 222,339 | € 207,837 | ▼ 7% |
Key figures of VELVET, 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 VELVET?
What happened at VELVET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 697 (▼ € 4,314 vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,111 profit in 2022 to € 697 loss in 2025.
Paid € 24,000 in corporate taxes since 2022.
Best year ever: 2023, with € 51,517 profit.
Paid out € 164,998 in dividends to the owners in total.
Management
Behind VELVET is Lukas Dhont. Lukas Dhont is also behind The Reunion.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Franklin Rooseveltlaan 305 box A000
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0746.489.333
- VAT number
- BE 0746.489.333
- Registered office
- Franklin Rooseveltlaan 305 bus A000, 9000 Gent
- Names & denominations
- VELVET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 April 2020
- Peppol
- Active · Active since 7 Oct 2024
- Contact
- [email protected]
- Activities · NACE
Activiteiten op het gebied van de distributie van films en video’s
Activiteiten in verband met films en video- en televisieprogramma’s na de productie
Activiteiten van reclamebureaus
Overige fotografische activiteiten