Active · per the CBE, 29 September 2026

velvet works

BE0877464869

Rechtspersoon Private limited company 1 establishment

velvet works is filed with the CBE under the catch-all “Overige zakelijke dienstverlening”, a code that says little about what the company actually does. Private Limited, started on 24 November 2005, 1 establishment.

Industriepark 6/0/1, 2235 Hulshout

Behind the company: Stijn Meulders.

Active for

20 year, 10 months

Warning lights

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

  • Tight liquidity NBB

    Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

velvet works from Hulshout, company number BE0877464869, closed financial year 2025 with a result of € 22,512 after tax. For that financial year velvet works recorded a gross margin of € 32,346 and equity of € 35,097. Compared with financial year 2024, the result moved from € 3,271 to € 22,512. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 18, 2026.

What it is worth Healthy

€ 35,097

▼ 19% vs 2024

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

Profit Growing

€ 22,512

▲ € 19,241 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 30

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

Where the profit goes Pays out

€ 7,122 paid out

32 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents estimate

≈ 1

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

Vehicles and equipment

€ 2,950

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 41,904

▼ 24% vs 2024

€ 13,734 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 14,737

▲ 66% vs 2024

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

Taxes

€ 16,875

▲ 56% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 2,365 € 9,960 € 7,189 € 32,346 ▲ € 25,157
Profit after taxes € -2,175 € 5,134 € 3,271 € 22,512 ▲ € 19,241
Equity € 34,702 € 39,836 € 43,107 € 35,097 ▼ 19%
Total debts € 98,243 € 95,036 € 82,476 € 81,746 ▼ 1%
Cash € 0 € 38 - € 30
Retained profit € 1,302 € 6,436 € 9,707 € 25,097 ▲ 159%
Dividend € 0 € 0 € 0 € 7,122
Bank debt € 83,696 € 69,193 € 55,151 € 41,904 ▼ 24%
Balance sheet total € 132,944 € 134,872 € 125,582 € 116,842 ▼ 7%

Key figures of velvet works, 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 works?

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

  • New annual accounts for financial year 2025: profit of € 22,512 (▲ € 19,241 vs 2024). Source: NBB ↗
  • New establishment in Hulshout. KBO
  • Start of the company according to the CBE. KBO

In short

From € 2,175 loss in 2022 to € 22,512 profit in 2025.

Paid € 10,639 in corporate taxes since 2022.

Best year ever: 2025, with € 22,512 profit.

Paid out € 7,122 in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at velvet works? We notify you, reason included.

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My folder 3 companies
  • 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
Real filings at the National Bank

Management

Stijn Meulders
velvet works

Behind velvet works is Stijn Meulders.

See the full network in the app

Directors

According to the 2025 annual accounts

Stijn Meulders

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Industriepark 6/0/1

2235 Hulshout

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

Details

Company number
0877.464.869
VAT number
BE 0877.464.869
Registered office
Industriepark 6/0/1, 2235 Hulshout
Names & denominations
velvet works
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
24 November 2005
Peppol
Active · Active since 27 Mar 2026
Activities · NACE

Overige zakelijke dienstverlening, neg

View on CBE Public ↗ Annual accounts (NBB) ↗

Frequently asked questions

What does velvet works do?
velvet works is filed with the CBE under the catch-all “Overige zakelijke dienstverlening”, a code that says little about what the company actually does. Private Limited, started on 24 November 2005, 1 establishment.
What is the address of velvet works?
The registered office of velvet works is located at Industriepark 6/0/1, 2235 Hulshout.
Is velvet works still active?
Yes. According to the CBE (29 September 2026) velvet works is active, legal situation “Normale toestand”, started on 24 November 2005.
Is velvet works registered on Peppol?
Yes, velvet works is registered on the Peppol network with ID 0208:0877464869.
What is the enterprise number of velvet works?
The enterprise number of velvet works is BE0877464869.
When was velvet works founded?
velvet works was founded on 24 November 2005.