Financials
Financial year 2025
Worth noting
- More debts than assets in the latest financial year.
- A loss two years in a row.
- The team shrank two years in a row.
- Little cash and receivables against the short-term debts.
Revenue
€ 21.1 million
▼ 20% vs 2024
Profit
Caution€ -5.6 million
▼ 58% vs 2024
Debts
High€ 9.6 million
▼ 52% vs 2024
Velleman Group from Gavere, company number BE0768858127, closed financial year 2025 with a result of € -5.6 million after tax. For that financial year Velleman Group recorded revenue of € 21.1 million and equity of € -8.9 million. Compared with financial year 2024, the result moved from € -3.5 million to € -5.6 million. The company made a loss. 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 July 30, 2026.
What happened at Velleman Group?
What happened at Velleman Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- GUCY MANAGEMENT BV stepped down as director. NBB
- ENJOY Real Estate BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 5.6 million. Source: NBB ↗
- GUCY MANAGEMENT BV became a director. NBB
- ENJOY Real Estate BV became a director. NBB
- New establishment in Gavere. KBO
- Start of the company according to the CBE. KBO
In short
From € 469,987 loss in 2021 to € 5.6 million loss in 2025.
Paid € 32,156 in corporate taxes since 2021.
Pays suppliers within 105 days on average.
A new publication or filing at Velleman Group? We notify you, reason included.
Follow Velleman GroupNeed more data?
History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
Then €29.99/mo excl. VAT, cancel monthly. No credit card to try; the AI assistant is not included, or only in a very limited form, during the trial month. Sign up now and you’ll be invited first.
Management
It owns 100% of Velleman Component China, 100% of Velleman Spain and 100% of Velleman Hong Kong itself.
Directors
According to the 2025 annual accounts
Director · represented by Cynthia Cornelissen
Also active at: Pacauto, CONTIMEX EUROPE, Ronac +5 more
since 2025 · until 2030
Director · represented by Guido Verswijvel
since 2025 · until 2030
Establishments
Establishment units
Physical locations of this company
Legen Heirweg 33
9890 Gavere
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0768.858.127
- VAT number
- BE 0768.858.127
- Registered office
- Legen Heirweg 33, 9890 Gavere
- Names & denominations
- Velleman Group
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 May 2021
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in elektrisch materiaal, inclusief installatiemateriaal