Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 7.2 to 6.3.
Financials
Financial year 2025
VANDEWIELE GROUP from Kortrijk, company number BE0401868624, closed financial year 2025 with a result of € 8.9 million after tax. For that financial year VANDEWIELE GROUP recorded revenue of € 28.3 million and equity of € 408.5 million. Compared with financial year 2024, the result moved from € 7.7 million to € 8.9 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 2, 2026.
€ 408.5 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8.9 million
▲ 16% vs 2024
Profit after tax over the fiscal year.
€ 15,115
▼ 75% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 353.4 million.
People and assets in 2025
6.3
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 567,219
▼ 6% vs 2024
€ 90,000 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.
€ 45,412
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 73 million
▲ 4% vs 2024
€ 30 million is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 8.7 million
▼ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 110 days on average.
€ 251,905
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 15,650,000 | € 22,650,000 | € 29,250,000 | € 28,300,000 | ▼ 3% |
| Profit after taxes | € 10,151,791 | € 10,218,937 | € 7,673,497 | € 8,872,537 | ▲ 16% |
| Equity | € 391,761,487 | € 401,980,423 | € 409,653,920 | € 408,526,457 | |
| Total debts | € 37,306,881 | € 44,304,830 | € 86,872,921 | € 89,072,949 | ▲ 3% |
| Cash | € 5,226 | € 12,631 | € 60,695 | € 15,115 | ▼ 75% |
| Land & buildings | € 1,501,043 | € 1,811,116 | € 1,738,054 | € 1,945,216 | ▲ 12% |
| Retained profit | € 326,649,809 | € 336,868,746 | € 344,542,243 | € 353,414,780 | ▲ 3% |
| Bank debt | € 30,000,000 | € 30,000,000 | € 70,000,000 | € 73,004,802 | ▲ 4% |
| Balance sheet total | € 429,083,429 | € 446,293,178 | € 496,527,627 | € 497,599,406 | |
| Employees (FTE) | 4.6 | 7.2 | 7.1 | 6.3 | ▼ 0.8 |
Key figures of VANDEWIELE GROUP, 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 VANDEWIELE GROUP?
What happened at VANDEWIELE GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Charles Beauduin stepped down as director. NBB
- Thomas Beauduin stepped down as director. NBB
- Sylvie Huret stepped down as director. NBB
- Ola Samuelsson stepped down as director. NBB
- Alexander Zschokke stepped down as director. NBB
- Bernadette de Bethune stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 8.9 million (▲ 16% vs 2024). Source: NBB ↗
- Charles Beauduin became a director. NBB
In short
From € 10.2 million profit in 2022 to € 8.9 million profit in 2025.
Paid € 498,666 in corporate taxes since 2022.
Best year ever: 2023, with € 10.2 million profit.
Pays suppliers within 110 days on average.
Management
The shares are held by Kaji Europe Sarl (30.1%). It owns 100% of Vandewiele, 100% of Memminger-Iro Asia Co. Ltd., 99% of Vigan Technology, 90% of Ferromatrix , 36.2% of Indimmo and 27% of Indigo Diabetes itself.
Directors
According to the 2025 annual accounts
Charles Beauduin
Administrator-manager
Also active at: VANDEWIELE, VLAAMS ECONOMISCH VERBOND, VIGAN ENGINEERING, Vlaams Netwerk van Ondernemingen, A. DE KONINCK, Barco Integrated Solutions, BARCO COORDINATION CENTER, FERROMATRIX +7 more
since 2024 · until 2030
Bernadette de Bethune
Director
Also active at: VANDEWIELE, A. DE KONINCK, FERROMATRIX, Indimmo, VAN DE WIELE COORDINATIECENTRUM, BONAS TEXTILE MACHINERY, BRAINE L'ALLEUD SERVICES FINANCIERS
since 2021 · until 2027
Thomas Beauduin
Director
Also active at: VANDEWIELE, Indimmo, VAN DE WIELE COORDINATIECENTRUM, BONAS TEXTILE MACHINERY, Vandewiele-Bejimac
since 2024 · until 2030
Sylvie Huret
Director
since 2024 · until 2028
Ola Samuelsson
Director
since 2024 · until 2028
Alexander Zschokke
Director
since 2024 · until 2028
Shareholders
Kaji Europe Sarl
30.1%
Participations
100%
Memminger-Iro Asia Co. Ltd.
100%
99%
90%
36.2%
27%
25.3%
Establishments
Establishment units
Physical locations of this company
Michel Vandewielestraat(Mar) 7
8510 Kortrijk
Sleeckxlaan 45
1030 Schaarbeek
Active since 1 March 1967
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →VANDEWIELE same network
€ 83.2 million revenue · 2025
FERROMATRIX same network
€ -18,782 gross margin · 2025
Indimmo same network
VAN DE WIELE COORDINATIECENTRUM same network
VDW-GROUP
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0401.868.624
- VAT number
- BE 0401.868.624
- Registered office
- Michel Vandewielestraat(Mar) 7, 8510 Kortrijk
- Names & denominations
- VANDEWIELE GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1967
- Peppol
- Active · Active since 12 Nov 2025
- Activities · NACE
Vervaardiging van machines voor de productie van textiel, kleding en leer
Groothandel in machines voor de textielindustrie en in naai- en breimachines