Financials
Financial year 2025
VANDEN AVENNE COMMODITIES from Kortrijk, company number BE0402763301, closed financial year 2025 with a result of € 9.8 million after tax. For that financial year VANDEN AVENNE COMMODITIES recorded revenue of € 1.4 billion and equity of € 27.6 million. Compared with financial year 2024, the result moved from € 26.8 million to € 9.8 million. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 24, 2025.
€ 27.6 million
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9.8 million
▼ 63% vs 2024
Profit after tax over the fiscal year.
€ 9.7 million
▼ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 15 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
24.1
▲ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.9 million
▼ 25% vs 2024
€ 160,200 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.
€ 636,256
▼ 11% 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.
€ 34.7 million
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 9 days on average.
€ 3.5 million
▲ 60% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,562,139,130 | € 1,821,737,819 | € 1,501,621,304 | € 1,405,556,816 | ▼ 6% |
| Profit after taxes | € 16,050,039 | € 13,077,559 | € 26,825,335 | € 9,841,743 | ▼ 63% |
| Equity | € 27,777,553 | € 29,955,212 | € 32,780,247 | € 27,621,870 | ▼ 16% |
| Total debts | € 122,727,149 | € 100,701,116 | € 81,173,409 | € 64,239,576 | ▼ 21% |
| Cash | € 27,487,656 | € 7,105,700 | € 24,227,985 | € 9,711,511 | ▼ 60% |
| Land & buildings | € 164,135 | € 164,135 | € 164,135 | € 164,135 | |
| Retained profit | € 20,277,553 | € 22,455,212 | € 25,280,247 | € 20,121,870 | ▼ 20% |
| Dividend | € 28,500,120 | € 10,899,900 | € 24,000,300 | € 15,000,120 | ▼ 38% |
| Bank debt | € 0 | € 4,400,000 | € 0 | € 0 | |
| Balance sheet total | € 153,564,482 | € 133,442,611 | € 115,669,906 | € 96,888,078 | ▼ 16% |
| Employees (FTE) | 21.3 | 21.2 | 22.9 | 24.1 | ▲ 1.2 |
Key figures of VANDEN AVENNE COMMODITIES, 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 December 2026.
What happened to VANDEN AVENNE COMMODITIES?
What happened at VANDEN AVENNE COMMODITIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Karman bv stepped down as director. NBB
- Samtra bv stepped down as director. NBB
- Xima nv stepped down as director. NBB
- Alem 114 bv stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 9.8 million (▼ 63% vs 2024). Source: NBB ↗
- Karman bv became a director. NBB
- Samtra bv became a director. NBB
- Xima nv became a director. NBB
In short
From € 16.1 million profit in 2022 to € 9.8 million profit in 2025.
Paid € 18 million in corporate taxes since 2022.
Best year ever: 2024, with € 26.8 million profit.
Paid out € 78.4 million in dividends to the owners in total.
Management
The stake of GROEP VANDEN AVENNE COMMODITIES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VANDEN AVENNE COMMODITIESThe shares are held by GROEP VANDEN AVENNE COMMODITIES (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Karel Vandermeersch
Also active at: Trading Flanders Company, OPHIR, Brouwcompagnie Rolling Hills, GROEP VANDEN AVENNE COMMODITIES, Immo VVC
since 2025 · until 2031
since 2025 · until 2031
Managing director · represented by Xavier Van den Avenne
Also active at: Trading Flanders Company, Adviesbureau voor Bedrijfsbeheer, GROEP VANDEN AVENNE COMMODITIES, Immo VVC
since 2025 · until 2031
Director · represented by Bruno Carels
since 2025 · until 2031
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Engelse Wandeling(Kor) 2-F03V
8500 Kortrijk
Zuidkaai 12 1
8870 Izegem
Active since 1 February 1965
Engelse Wandeling(Kor) 2-F3
8500 Kortrijk
Active since 24 March 2014
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0402.763.301
- VAT number
- BE 0402.763.301
- Registered office
- Engelse Wandeling(Kor) 2-F03V, 8500 Kortrijk
- Names & denominations
- VANDEN AVENNE COMMODITIES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 30 Oct 2025
- Contact
- 056238511
- Activities · NACE
Vervaardiging van veevoeders
Groothandel in akkerbouwproducten en veevoeders, algemeen assortiment
Handelsbemiddeling in de groothandel in landbouwgrondstoffen, levende dieren en textielgrondstoffen en halffabricaten