Equity
€1.4m ▲ 21.9%
Veldeman DB has made a profit in every financial year since 2012.
Veldeman DB
Part of the group
24 companies
Lifetime
14 annual accounts with figures on one time axispeak €2.3m (2018)
-not published
peak €381,841 (2019)
€249,624▼ 13.1%
peak €1.4m (2025)
€1.4m▲ 21.9%
€4.4m▲ 8.8%
peak 35.7 FTE (2025)
35.7 FTE▲ 13.7%
Board6 names since 2016
2 directors and 1 other
Owners3 names in the annual accounts
80% and 1 other
Documentsfilings and deeds
15-07-202616 days before the deadline
2025financial year
Turnover from €11.4m to €13.1mStaff from 31.4 FTE to 35.7 FTEEquity from €1.1m to €1.4mInvestments €931,950
Key points
from the 2025 annual accountsDebts
€4.4m 76% of the balance sheet
Financial debts 56%Suppliers 19%Taxes and wages 5%Other 19%
Of this, €1.9m falls due within a year.
Investments
€938,603 3.2 × depreciation
Green is investment, beige is depreciation.
Staff
40 employees on 31-12-2025
In 2025, 9 people joined and 3 left.
Payment terms
30 days to suppliers
Veldeman DB pays its suppliers 14 days earlier than in 2024. Customers pay 17 days earlier.
Filings
14 annual accounts since 2012
Six of the last ten came late. The 2021 accounts came latest: 108 days after the end of the period.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 4,107 companies had the same profile as Veldeman DB has now. Each dot stands for 11 companies, two years later.
97.9%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,107 companies, not a prediction for Veldeman DB. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director,
Director,
Auditor,
- 80%score equity €12.6m (2025) · 2025 annual accounts of
- 20%score equity €198,307 (2025) · 2025 annual accounts of
Recent changes
Appointment: (statutory auditor)
General meeting of 25-10-2024 · Gazette deed
New establishment in Sint-Niklaas
CRUIN, Callaertstraat 34
Appointment: (statutory auditor)
Permanent representative: · General meeting of 19-10-2021 · Gazette deed
2 directors appointed, 3 resignations
Resignations: , and · Appointments: (director) and (director) · Permanent representatives: and · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Veldeman DB Dendermonde | €13.1m | 3.6% | 23.9% | 35.7 |
| ICOMET Deinze | €15.5m | 1.8% | 34.0% | 38.3 |
| ALL DOOR SYSTEMS & SERVICES Ath | €12.2m | 11.0% | 60.0% | 42.6 |
| EOS Lokeren | €12.2m | -6.4% | 5.2% | 24.2 |
| ALUFORM Maldegem | €13.7m | 16.1% | 75.5% | 38.9 |
| ALBO.PRODUCT Herstal | €13.2m | 1.7% | 27.1% | 42.3 |
| Boon Edam Belux Herentals | €7.3m | 3.3% | 51.9% | 33.8 |
Grey: the largest companies of the sector (specialised construction (NACE 43)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Veldeman DB: joinery installation (NACE 43320). They are comparable in size and age: total assets between €4.5m and €9.5m, founded between 1998 and 2013.
Official details
Source: KBO- Status
- Active since 14-04-2010Normal situation
- Registered office
- 19 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 14 November 2026.
- Activity
- Joinery installationNACE 43320and 2 others
- Joint committees
- 124Construction
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment units
- 2.187.784.8179200 Dendermonde, since 09-04-2010
- 2.342.516.0499100 Sint-Niklaas, since 07-03-2023
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €5.8m▲ 11.7%
- Employeeson 31-12-2025
- 40▲ 17.6%
- Filing
- Filed on 15-07-2026, 16 days before the end of the filing period
Insights on Veldeman DB
Veldeman DB has existed since 2010. In 2014 the gross margin rose from €192,146 to €417,955 and staff from 3.7 to 5.3 full-time equivalents.
holds 80% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Veldeman DB
- What is the company number of Veldeman DB?
- The company number of Veldeman DB is 0824.975.694. The VAT number is the same number with BE in front: BE 0824.975.694.
- Where is Veldeman DB based?
- The registered office is at Bosveld 20, 9200 Dendermonde.Company details
- What does Veldeman DB do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of Veldeman DB?
- Veldeman DB is a private limited company (BV).
- When was Veldeman DB founded?
- Veldeman DB was founded on 14-04-2010.
- Is Veldeman DB still active?
- Yes, Veldeman DB is an active enterprise in the KBO register.
- How many employees does Veldeman DB have?
- Veldeman DB had an average of 35.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Veldeman DB fall under?
- In its 2025 annual accounts, Veldeman DB states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of Veldeman DB?
- The turnover of Veldeman DB was €13.1m in financial year 2025, according to the filed annual accounts.
- Is Veldeman DB profitable?
- In financial year 2025, Veldeman DB made a profit of €249,624.
- Where can I find the annual accounts of Veldeman DB?
- Veldeman DB filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Veldeman DB due?
- Veldeman DB must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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