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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Busy address KBO
18 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Veldeman DB from Dendermonde, company number BE0824975694, closed financial year 2025 with a result of € 249,624 after tax. For that financial year Veldeman DB recorded revenue of € 13.1 million and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 287,324 to € 249,624. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 1.4 million
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 249,624
▼ 13% vs 2024
Profit after tax over the fiscal year.
€ 98,668
▼ 21% 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 € 1.4 million.
People and assets in 2025
35.7
▲ 4.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.5 million
▲ 11% vs 2024
€ 70,500 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.
€ 387,791
▲ 150% vs 2024
Of which on lease € 336,089.
Debts at end 2025
€ 2.8 million
▲ 32% vs 2024
€ 377,029 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 840,731
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 30 days on average.
€ 241,477
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 7,253,108 | € 9,572,673 | € 11,437,461 | € 13,080,879 | ▲ 14% |
| Profit after taxes | € 20,809 | € 176,627 | € 287,324 | € 249,624 | ▼ 13% |
| Equity | € 1,074,247 | € 1,250,873 | € 1,138,197 | € 1,387,821 | ▲ 22% |
| Total debts | € 2,346,501 | € 2,847,726 | € 4,050,956 | € 4,407,619 | ▲ 9% |
| Cash | € 148,128 | € 580,279 | € 124,347 | € 98,668 | ▼ 21% |
| Land & buildings | - | - | - | € 382,265 | |
| Retained profit | € 1,068,047 | € 1,244,673 | € 1,131,997 | € 1,381,621 | ▲ 22% |
| Dividend | € 0 | € 0 | € 400,000 | € 0 | ▼ 100% |
| Bank debt | € 485,538 | € 552,678 | € 2,159,212 | € 2,844,292 | ▲ 32% |
| Balance sheet total | € 3,420,748 | € 4,098,599 | € 5,189,153 | € 5,795,441 | ▲ 12% |
| Employees (FTE) | 26.9 | 30.4 | 31.4 | 35.7 | ▲ 4.3 |
Key figures of Veldeman DB, 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 Veldeman DB?
What happened at Veldeman DB in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 249,624 (▼ 13% vs 2024). Source: NBB ↗
- New establishment in Sint-Niklaas. KBO
- Start of the company according to the CBE. KBO
- New establishment in Dendermonde. KBO
In short
From € 20,809 profit in 2022 to € 249,624 profit in 2025.
Paid € 363,791 in corporate taxes since 2022.
Best year ever: 2024, with € 287,324 profit.
Paid out € 400,000 in dividends to the owners in total.
Management
The stake of Veldeman Management Company, NICK MANAGEMENT COMPANY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Veldeman DBBehind Veldeman DB are Veldeman Management Company BV and NICK MANAGEMENT COMPANY, AFGEKORT NMC BV. The shares are held by Veldeman Management Company (80%) and NICK MANAGEMENT COMPANY (20%). It owns 83% of Ninety-Three itself.
Directors
According to the 2025 annual accounts
Veldeman Management Company BV
Director · represented by Stefaan Veldeman
Also active at: Veldeman Aannemingen, RAS.pro, VELDEMAN OOST, Rasimmo
NICK MANAGEMENT COMPANY, AFGEKORT NMC BV
Director · represented by Nick De Feyter
Shareholders
Participations
83%
Establishments
Establishment units
Physical locations of this company
Bosveld(STG) 20
9200 Dendermonde
Callaertstraat 34 box B
9100 Sint-Niklaas
Active since 7 March 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 18 companies are registered at this address.
All companies at this address →Veldeman Aannemingen same network
€ 42.9 million revenue · 2025
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€ 90,000 revenue · 2025
WCUP Sports Nutrition
€ 906,056 revenue · 2025
VELDEMAN - MANNAERT
VDBouw & Vastgoed
€ 522,034 revenue · 2025
+13 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0824.975.694
- VAT number
- BE 0824.975.694
- Registered office
- Bosveld(STG) 20, 9200 Dendermonde
- Names & denominations
- Veldeman DB
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 April 2010
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Schrijnwerk
Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen
Vervaardiging van kantoor- en winkelmeubelen