VELEC
ActiveSummary
VELEC has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.1m and a net result of €2,226. Equity remains stable across the filed financial years (±0.5% per year). Its solvency ranks better than 75% of 126 sector peers (NACE 27, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Directors
Board 1
Statutory auditor 1
Mandate history
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Teco Holding SAfrom an act |
|
| GRANT THORNTON BEDRIJFSREVISOREN - REVISEURS D'ENTREPRISES |
|
Owners and capital
Owners
3 ownersChain of control
- TECO HOLDING SA
- LED Invest
- Téco Holding
- VELEC
Highest known parent: TECO HOLDING SA. The sources do not say who stands above it.
Owners 3
- Téco Holdingparent99.99%
- TECO HOLDING SAconsolidating parentconsolidates
- Sourceaccounts BHB 20250.01%
According to the 2025 annual accounts of VELEC and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.