Financials
Financial year 2025
VELMAR from Gent, company number BE0859965277, closed financial year 2025 with a result of € 7,849 after tax. For that financial year VELMAR recorded a gross margin of € 302,922 and equity of € 591,794. Compared with financial year 2024, the result moved from € 813 to € 7,849. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 24, 2026.
€ 591,794
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,849
▲ € 7,035 vs 2024
Profit after tax over the fiscal year.
€ 45,055
▲ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 5,000 paid out
64 % of the profit went to the shareholders, mostly to PATER (100 % of the shares). That is where the money ends up.
People and assets in 2025
3.5
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 207,370
▲ 13% vs 2024
€ 59,200 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.
€ 2,224
▼ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 686,946
▼ 23% vs 2024
€ 97,614 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 802,948
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 63,408
▼ 18% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 265,151 | € 246,852 | € 254,439 | € 302,922 | ▲ 19% |
| Profit after taxes | € 561 | € 356 | € 813 | € 7,849 | ▲ € 7,035 |
| Equity | € 587,776 | € 588,132 | € 588,946 | € 591,794 | |
| Total debts | € 1,922,838 | € 2,091,298 | € 2,461,417 | € 2,621,050 | ▲ 6% |
| Cash | € 115,557 | € 26,272 | € 42,733 | € 45,055 | ▲ 5% |
| Retained profit | € 302,576 | € 302,932 | € 303,746 | € 306,594 | ▲ 1% |
| Dividend | € 0 | € 0 | € 0 | € 5,000 | |
| Bank debt | € 1,158,543 | € 1,004,717 | € 893,181 | € 686,946 | ▼ 23% |
| Balance sheet total | € 2,510,615 | € 2,679,430 | € 3,050,363 | € 3,212,844 | ▲ 5% |
| Employees (FTE) | 4.6 | 3 | 3 | 3.5 | ▲ 0.5 |
Key figures of VELMAR, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to VELMAR?
What happened at VELMAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,849 (▲ € 7,035 vs 2024). filed late Source: NBB ↗
- Lien De Vroe became a director. NBB
- PATER BV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Gent. KBO
In short
From € 561 profit in 2022 to € 7,849 profit in 2025.
Paid € 32,116 in corporate taxes since 2022.
Best year ever: 2025, with € 7,849 profit.
On average € 86,500 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
The stake of PATER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VELMARBehind VELMAR are Lien De Vroe and PATER BV. The shares are held by PATER (100%).
Establishments
Establishment units
Physical locations of this company
Jan Samijnstraat 12
9050 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0859.965.277
- VAT number
- BE 0859.965.277
- Registered office
- Jan Samijnstraat 12, 9050 Gent
- Names & denominations
- VELMAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 June 2003
- Peppol
- Active · Active since 5 Jul 2025
- Activities · NACE
Groothandel in kleding, met uitzondering van werk- en onderkleding
Handelsbemiddeling in de groothandel in textiel, kleding, bont, schoeisel en lederwaren
Handelsbemiddeling in textiel, kleding, schoeisel en artikelen van leer
Groothandel in schoeisel
Groothandel in huishoudtextiel en beddengoed
Groothandel in kleding, kledingtoebehoren en bontartikelen
Groothandel in textiel