Financials
Financial year 2025
M. VANDENABEELE from Ingelmunster, company number BE0402763202, closed financial year 2025 with a result of € 26,358 after tax. For that financial year M. VANDENABEELE recorded revenue of € 19 million and equity of € 10.1 million. Compared with financial year 2024, the result moved from € 245,066 to € 26,358. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.
€ 10.1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 26,358
▼ 89% vs 2024
Profit after tax over the fiscal year.
€ 937,506
▲ 33% 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 € 9.7 million.
People and assets in 2025
57.4
▼ 2.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.9 million
▲ 1% vs 2024
€ 67,100 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.
€ 730,709
▼ 3% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2.4 million
▲ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 55 days on average.
€ 681,523
▲ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 19,114,360 | € 20,502,778 | € 17,547,635 | € 18,967,104 | ▲ 8% |
| Profit after taxes | € 581,197 | € 383,338 | € 245,066 | € 26,358 | ▼ 89% |
| Equity | € 9,445,874 | € 9,829,212 | € 10,074,279 | € 10,100,637 | |
| Total debts | € 4,081,775 | € 3,532,574 | € 3,953,299 | € 3,540,586 | ▼ 10% |
| Cash | € 3,553,577 | € 451,454 | € 702,257 | € 937,506 | ▲ 33% |
| Land & buildings | € 998,941 | € 990,310 | € 1,159,604 | € 1,164,136 | |
| Retained profit | € 9,070,154 | € 9,453,492 | € 9,698,559 | € 9,724,917 | |
| Bank debt | € 1,611,111 | € 944,444 | € 277,778 | € 0 | ▼ 100% |
| Balance sheet total | € 13,670,895 | € 13,498,156 | € 14,163,948 | € 13,777,593 | ▼ 3% |
| Employees (FTE) | 59.4 | 57.9 | 60.2 | 57.4 | ▼ 2.8 |
Key figures of M. VANDENABEELE, 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 M. VANDENABEELE?
What happened at M. VANDENABEELE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Koen Denys stepped down as director. NBB
- Danny Simoens stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 26,358 (▼ 89% vs 2024). filed late Source: NBB ↗
- Koen Denys became a director. NBB
- Danny Simoens became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Ingelmunster. KBO
In short
From € 581,197 profit in 2022 to € 26,358 profit in 2025.
Paid € 553,600 in corporate taxes since 2022.
Best year ever: 2022, with € 581,197 profit.
Pays suppliers within 55 days on average.
Management
The stake of VABELE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
M. VANDENABEELEThe shares are held by VABELE (98.7%). It owns 19.5% of Diesel Parts Benelux itself.
Directors
According to the 2025 annual accounts
since 2025 · until 2031
since 2025 · until 2031
Shareholders
98.7%
Participations
Diesel Parts Benelux
19.5%
Establishments
Establishment units
Physical locations of this company
Kortrijkstraat 174
8770 Ingelmunster
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.763.202
- VAT number
- BE 0402.763.202
- Registered office
- Kortrijkstraat 174, 8770 Ingelmunster
- Names & denominations
- M. VANDENABEELE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van elektrische en elektronische benodigdheden voor motorvoertuigen
Vervaardiging van elektrische benodigdheden voor motoren en voertuigen
Groothandel in elektrisch materiaal, inclusief installatiemateriaal
Carrosserieherstelling (inclusief spuiten en verven)
Reparatie en onderhoud van consumentenartikelen, neg
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Draadgebonden en draadloze telecommunicatie en telecommunicatie via satelliet
Groothandel in granen en zaden
+6