What does Vlamalin do?

Vlamalin is an energy company in Waregem. Public Limited, started on 1 January 1968, 1 establishment.

What is the address of Vlamalin?

The registered office of Vlamalin is located at Kortrijkseweg 105, 8791 Waregem.

Is Vlamalin still active?

Yes. According to the CBE (29 October 2026) Vlamalin is active, legal situation “Normale toestand”, started on 1 January 1968.

Is Vlamalin registered on Peppol?

Yes, Vlamalin is registered on the Peppol network with ID 0208:0405205919.

What is the enterprise number of Vlamalin?

The enterprise number of Vlamalin is BE0405205919.

When was Vlamalin founded?

Vlamalin was founded on 1 January 1968.

Who are the directors of Vlamalin?

According to the 2025 annual accounts, the directors of Vlamalin are: Rik Depoortere, Vlastgoed BV.

Is Vlamalin a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 January 1968; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did Vlamalin make in 2025?

Vlamalin posted a profit after taxes of € 1,593,647 in financial year 2025.

What is the revenue of Vlamalin?

In its most recent annual accounts (2025), Vlamalin reported revenue of € 244,196.

Vlamalin (Public Limited) - Waregem - BE0405205919

Dossier Vlamalin, printed on 29 October 2026 from databakkes.be/en/0405205919/vlamalin. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Vlamalin from Waregem, company number BE0405205919, closed financial year 2025 with a result of € 1.6 million after tax. For that financial year Vlamalin recorded revenue of € 244,196 and equity of € 2.9 million. Compared with financial year 2024, the result moved from € 137,371 to € 1.6 million. Profitable, and profit is growing. 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 March 26, 2026.

What it is worth Growing

€ 2.9 million

▲ 92% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 1.6 million

▲ € 1.5 million vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 32,472

▲ 127% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 200,000 paid out

13 % of the profit went to the shareholders, mostly to VLASTGOED (100 % of the shares). That is where the money ends up.

Debts at end 2025

Bank debt ≈ 8 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.8 million

▼ 11% vs 2024

€ 206,667 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 11,770

▲ € 10,797 vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 50 days on average.

Taxes

€ 9,338

▼ 79% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 200,000 Revenue 2022: € 200,000 First fiscal year in the series	€ 200,000 Revenue 2023: € 200,000 Unchanged (€ 200,000) Unchanged	€ 183,333 Revenue 2024: € 183,333 ▼ 8% vs 2023 (€ 200,000) Unfavourable step	€ 244,196 Revenue 2025: € 244,196 ▲ 33% vs 2024 (€ 183,333) Favourable step	▲ 33%
Profit after taxes	€ 60,406 Profit after taxes 2022: € 60,406 First fiscal year in the series	€ 59,239 Profit after taxes 2023: € 59,239 ▼ 2% vs 2022 (€ 60,406) Unfavourable step	€ 137,371 Profit after taxes 2024: € 137,371 ▲ 132% vs 2023 (€ 59,239) Favourable step	€ 1,593,647 Profit after taxes 2025: € 1,593,647 ▲ € 1.5 million vs 2024 (€ 137,371) Favourable step	▲ € 1.5 million
Equity	€ 2,723,670 Equity 2022: € 2,723,670 First fiscal year in the series	€ 2,782,910 Equity 2023: € 2,782,910 ▲ 2% vs 2022 (€ 2,723,670) Favourable step	€ 1,520,281 Equity 2024: € 1,520,281 ▼ 45% vs 2023 (€ 2,782,910) Unfavourable step	€ 2,913,927 Equity 2025: € 2,913,927 ▲ 92% vs 2024 (€ 1,520,281) Favourable step	▲ 92%
Total debts	€ 3,066,403 Total debts 2022: € 3,066,403 First fiscal year in the series	€ 2,952,942 Total debts 2023: € 2,952,942 ▼ 4% vs 2022 (€ 3,066,403) Favourable step	€ 4,344,654 Total debts 2024: € 4,344,654 ▲ 47% vs 2023 (€ 2,952,942) Unfavourable step	€ 2,170,238 Total debts 2025: € 2,170,238 ▼ 50% vs 2024 (€ 4,344,654) Favourable step	▼ 50%
Cash	€ 18,175 Cash 2022: € 18,175 First fiscal year in the series	€ 17,135 Cash 2023: € 17,135 ▼ 6% vs 2022 (€ 18,175) Unfavourable step	€ 14,321 Cash 2024: € 14,321 ▼ 16% vs 2023 (€ 17,135) Unfavourable step	€ 32,472 Cash 2025: € 32,472 ▲ 127% vs 2024 (€ 14,321) Favourable step	▲ 127%
Land & buildings	€ 89,974 Land & buildings 2022: € 89,974 First fiscal year in the series	€ 89,974 Land & buildings 2023: € 89,974 Unchanged (€ 89,974) Unchanged	€ 89,974 Land & buildings 2024: € 89,974 Unchanged (€ 89,974) Unchanged	€ 89,974 Land & buildings 2025: € 89,974 Unchanged (€ 89,974) Unchanged
Retained profit	€ 2,591,370 Retained profit 2022: € 2,591,370 First fiscal year in the series	€ 2,650,610 Retained profit 2023: € 2,650,610 ▲ 2% vs 2022 (€ 2,591,370) Favourable step	€ 1,387,981 Retained profit 2024: € 1,387,981 ▼ 48% vs 2023 (€ 2,650,610) Unfavourable step	€ 2,781,627 Retained profit 2025: € 2,781,627 ▲ 100% vs 2024 (€ 1,387,981) Favourable step	▲ 100%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 1,400,000 Dividend 2024: € 1,400,000 Unchanged (€ 0) Unchanged	€ 200,000 Dividend 2025: € 200,000 ▼ 86% vs 2024 (€ 1,400,000) Unchanged	▼ 86%
Bank debt	€ 2,325,000 Bank debt 2022: € 2,325,000 First fiscal year in the series	€ 2,118,333 Bank debt 2023: € 2,118,333 ▼ 9% vs 2022 (€ 2,325,000) Favourable step	€ 1,963,333 Bank debt 2024: € 1,963,333 ▼ 7% vs 2023 (€ 2,118,333) Favourable step	€ 1,756,667 Bank debt 2025: € 1,756,667 ▼ 11% vs 2024 (€ 1,963,333) Favourable step	▼ 11%
Balance sheet total	€ 5,938,514 Balance sheet total 2022: € 5,938,514 First fiscal year in the series	€ 5,882,267 Balance sheet total 2023: € 5,882,267 ▼ 1% vs 2022 (€ 5,938,514) Unchanged	€ 5,874,494 Balance sheet total 2024: € 5,874,494 Unchanged (€ 5,882,267) Unchanged	€ 5,091,699 Balance sheet total 2025: € 5,091,699 ▼ 13% vs 2024 (€ 5,874,494) Unchanged	▼ 13%

Key figures of Vlamalin, 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 March 2027.

What happened to Vlamalin?

What happened at Vlamalin in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 Vlastgoed BV stepped down as director. NBB
Mar 26, 2026 New annual accounts for financial year 2025: profit of € 1.6 million (▲ € 1.5 million vs 2024). Source: NBB ↗
2026 Rik Depoortere stepped down as director. NBB
2021 Rik Depoortere became a director. NBB
2021 Vlastgoed BV became a director. NBB
Jan 1, 1968 Start of the company according to the CBE. KBO
Jan 1, 1954 New establishment in Waregem. KBO

In short

From € 60,406 profit in 2022 to € 1.6 million profit in 2025.

Paid € 142,771 in corporate taxes since 2022.

Best year ever: 2025, with € 1.6 million profit.

Paid out € 1.6 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

VLASTGOED 100%

The stake of VLASTGOED comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Vlamalin

MMG NV 100%

The shares are held by VLASTGOED (100%). It owns 100% of MMG NV itself.

Directors

According to the 2025 annual accounts

Rik Depoortere

Director

Also active at: M.M.G., DEPOORTERE, VLASTGOED, Agri Alliance, DRMV-INVEST, DEPOORTERE ENGINEERING

since 2021 · until 2026

Vlastgoed BV

Managing director · represented by Yves Thiers

Also active at: M.M.G., DEPOORTERE

since 2021 · until 2031

Shareholders

VLASTGOED

100%

Participations

MMG NV

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Kortrijkseweg 105

8791 Waregem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.

All companies at this address →

M.M.G. same network

€ 645,884 gross margin · 2025

DEPOORTERE same network

€ 57.1 million revenue · 2025

VLASTGOED same network

€ 564,285 revenue · 2025

DVVM GROEP

DEPOORTERE INDUSTRIES

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0405.205.919

VAT number

BE 0405.205.919

Registered office

Kortrijkseweg 105, 8791 Waregem

Names & denominations

Vlamalin

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

1 January 1968

Peppol

Active · Active since 15 Dec 2025

Activities · NACE

Handel in elektriciteit

Vervaardiging van overige machines voor de landbouw en de bosbouw

Activiteiten van holdings

Vervaardiging van machines voor de landbouw en de bosbouw

Handelsbemiddeling in de niet-gespecialiseerde groothandel

Overige zakelijke dienstverlening, neg

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

Vlamalin

Warning lights

Financials

What happened to Vlamalin?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions