Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 7.5 to 4.1.
Financials
Financial year 2025
VANDEVOORDE BOUWMATERIALEN from Wortegem-Petegem, company number BE0400207251, closed financial year 2025 with a result of € -3 million after tax. For that financial year VANDEVOORDE BOUWMATERIALEN recorded a gross margin of € -87,104 and equity of € -942,135. Compared with financial year 2024, the result moved from € -415,935 to € -3 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.
€ -942,135
▼ € 3 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3 million
▼ 618 % more loss than in 2024
Profit after tax over the fiscal year.
€ 26,814
▼ 74% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1 million.
People and assets in 2025
4.1
▼ 2.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 440,476
€ 107,400 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.
Debts at end 2025
€ 207,200
▼ 62% vs 2024
Loans from banks and other lenders, long and short.
€ 14,354
▼ 95% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,239
▼ 13% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,010,887 | € 535,172 | € 228,784 | € -87,104 | ▼ € 315,889 |
| Profit after taxes | € 195,101 | € -156,871 | € -415,935 | € -2,986,287 | ▼ € 2.6 million |
| Equity | € 2,616,958 | € 2,460,087 | € 2,044,152 | € -942,135 | ▼ € 3 million |
| Total debts | € 998,052 | € 818,686 | € 890,921 | € 1,995,860 | ▲ 124% |
| Cash | € 405,870 | € 288,758 | € 102,547 | € 26,814 | ▼ 74% |
| Land & buildings | € 692,315 | € 657,133 | € 980,169 | € 940,843 | ▼ 4% |
| Retained profit | € 2,554,958 | € 2,398,087 | € 1,982,152 | € -1,004,135 | ▼ € 3 million |
| Dividend | € 200,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 420,742 | € 300,446 | € 552,205 | € 207,200 | ▼ 62% |
| Balance sheet total | € 3,626,486 | € 3,287,174 | € 2,940,399 | € 1,053,725 | ▼ 64% |
| Employees (FTE) | 9.5 | 7.5 | 6.5 | 4.1 | ▼ 2.4 |
Key figures of VANDEVOORDE BOUWMATERIALEN, 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 VANDEVOORDE BOUWMATERIALEN?
What happened at VANDEVOORDE BOUWMATERIALEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Isabelle Callens stepped down as director. NBB
- Karel Beel stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 3 million. Source: NBB ↗
- Isabelle Callens became a director. NBB
- Karel Beel became a director. NBB
- New establishment in Wortegem-Petegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 195,101 profit in 2022 to € 3 million loss in 2025.
Paid € 89,349 in corporate taxes since 2022.
Best year ever: 2022, with € 195,101 profit.
On average € 35,200 of value added per employee in 2024.
Management
The stake of BMC Benelux comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VANDEVOORDE BOUWMATERIALENThe shares are held by BMC Benelux (100%).
Directors
According to the 2025 annual accounts
since 2025 · until 2031
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Waregemseweg (W.) 123
9790 Wortegem-Petegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.207.251
- VAT number
- BE 0400.207.251
- Registered office
- Waregemseweg (W.) 123, 9790 Wortegem-Petegem
- Names & denominations
- VANDEVOORDE BOUWMATERIALEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 1958
- Peppol
- Active · Active since 12 Jan 2026
- Activities · NACE
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Groothandel in bouwmaterialen, algemeen assortiment
Plaatsen van vloer- en wandtegels
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2