What is the main business of Vestel Holland B.V.?

The main business activity of Vestel Holland B.V. focuses on wholesale of electrical household appliances.

When was the business founded?

The business was registered in the Polish National Court Register (KRS) on August 25, 2021.

Where is the headquarters located?

The headquarters is located at: ul. Salsy 2, 02-823 Warszawa.

What is the legal form?

The legal form of this entity is a branch of a foreign entrepreneur.

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2024 to December 31, 2024.

What was the revenue?

In 2024, the business generated total revenue of $83,038,922, representing a decrease of 3.6% compared to 2023.

No, the business recorded a net loss of $581,224 in 2024. For comparison, in 2023 the loss was $1,108,702, meaning the business reduced its loss by 50.2%.

Which cost dominates operating expenses?

The largest operating cost category falls under cost of goods and materials sold. This category amounted to $70,759,529 in 2024, representing 85% of all operating expenses.

Vestel Holland B.V.Branch (foreign co.)

Wholesale of electrical household appliances

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2021-08-25

Registered address

ul. Salsy 2, 02-823 Warszawa, Poland

Electronic delivery address

AE:PL-61588-14657-JIDTH-31

Financials

Revenue history (in m)

Filing timeliness

No financial statement for 2025 – the filing deadline has passed. 2 of 2 financial statements were filed late (the longest delay 312 days for 2023).

2025not filed
202423/09/2025
202323/05/2025

Filed on timeDelayFiling deadline

Data and insights are generated automatically from financial statements – they may contain errors and are neither a credit assessment nor business advice.

Statistics

How the company ranks by revenue within its industry, region and across Poland in 2024.

Results vs industry

Revenue

This companyUSD 83.04mMedianUSD 942.03kAverageUSD 11.01m

Net profit

This companyUSD -581.22kMedianUSD 16.52kAverageUSD 255.82k

Operating costs

This companyUSD 83.06mMedianUSD 878.94kAverageUSD 10.45m

Assets

This companyUSD 32.79mMedianUSD 513.49kAverageUSD 4.64m

Industry

Authorized Representatives

Ali̇ Yalçin – Management Board Member

Roy Barendregt – Management Board Member

Seçkin Mazlum Gençoğlu – Management Board Member

Manner of representation

The management board is authorized to represent the company. If the management board consists of multiple members, the authority to represent the company is vested in two members of the management board acting jointly.

Supervisory board

Bekir Cem Köksal – Supervisory Board Member

Bülent Kiracioğlu – Supervisory Board Member

Gökhan Siğin – Supervisory Board Member

Beneficial owners

No beneficial owners recorded for the branch Vestel Holland B.V..

Debt

No entries in the National Debtors Register (KRZ).

Public aid

No public aid cases recorded in the last 10 years.

Regulatory authorisations

Authority	Type	Status
BDO	BDO register entry	Active

Competitors

Name	Revenue	Website
Popularna Popławscy, PoprawaS.K.A.	$32,160,680.25	popularna.pl
4sunsp. z o.o. + limited partnership	$19,573,328.31	4sun.eu
National Instruments Polandsp. z o.o.	$6,304,041.47	poland.ni.com
Innogio Globalsp. z o.o.	$5,099,044.53	innogio.com
Kepland Polskasp. z o.o.	$2,670,307.30	kepland.pl
Bean.Plsp. z o.o.	$1,540,968.87	bean.pl
DIOLsp. z o.o.	$1,080,693.20	leds-diol.pl
Life Ideassp. z o.o.	$840,740.45	lifeideas.pl
Hermes International Handel Hurtowysp. z o.o.	$245,465.16	hermesihh.com
Delkensp. z o.o.	$50,034.78	delken.pl