What does VANDEWIELE do?

VANDEWIELE is a machinery manufacturer in Kortrijk. Public Limited, started on 1 January 1968, 1 establishment.

What is the address of VANDEWIELE?

The registered office of VANDEWIELE is located at Michel Vandewielestraat(Mar) 7, 8510 Kortrijk.

Is VANDEWIELE still active?

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

Is VANDEWIELE registered on Peppol?

Yes, VANDEWIELE is registered on the Peppol network with ID 0208:0405450595.

What is the enterprise number of VANDEWIELE?

The enterprise number of VANDEWIELE is BE0405450595.

When was VANDEWIELE founded?

VANDEWIELE was founded on 1 January 1968.

Who are the directors of VANDEWIELE?

According to the 2025 annual accounts, the directors of VANDEWIELE are: Charles Beauduin, Bernadette de Bethune, Thomas Beauduin.

Is VANDEWIELE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 January 1968; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did VANDEWIELE make in 2025?

VANDEWIELE recorded a loss after taxes of € 45,301,085 in financial year 2025.

What is the revenue of VANDEWIELE?

In its most recent annual accounts (2025), VANDEWIELE reported revenue of € 83,202,961.

How much does an employee at VANDEWIELE earn?

The average wage cost per full-time employee at VANDEWIELE was € 79,600 in 2025: staff costs of € 37 million for 464.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does VANDEWIELE have?

According to the 2025 annual accounts, VANDEWIELE has 464.3 full-time equivalents (FTE).

VANDEWIELE (Public Limited) - Kortrijk - BE0405450595

Dossier VANDEWIELE, printed on 29 October 2026 from databakkes.be/en/0405450595/vandewiele. 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 23 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 528.8 to 464.3.

Financials

Financial year 2025

VANDEWIELE from Kortrijk, company number BE0405450595, closed financial year 2025 with a result of € -45.3 million after tax. For that financial year VANDEWIELE recorded revenue of € 83.2 million and equity of € 324.4 million. Compared with financial year 2024, the result moved from € 26.4 million to € -45.3 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 2, 2026.

What it is worth Healthy

€ 324.4 million

▼ 12% vs 2024

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

Loss Caution

€ -45.3 million

▼ still € 26.4 million profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 13.4 million

▲ € 11.7 million vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 321.9 million.

People and assets in 2025

Full-time equivalents

464.3

▼ 30.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 46.4 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 37 million

▼ 4% vs 2024

€ 79,600 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.

Vehicles and equipment

€ 1.3 million

▼ 18% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 17 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.

€ 368.3 million

▼ 9% vs 2024

€ 21.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.

Owed to suppliers

€ 40 million

▼ 4% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 147 days on average.

Taxes and wages

€ 15.9 million

▲ 43% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 244,692,008 Revenue 2022: € 244,692,008 First fiscal year in the series	€ 175,663,752 Revenue 2023: € 175,663,752 ▼ 28% vs 2022 (€ 244,692,008) Unfavourable step	€ 123,638,432 Revenue 2024: € 123,638,432 ▼ 30% vs 2023 (€ 175,663,752) Unfavourable step	€ 83,202,961 Revenue 2025: € 83,202,961 ▼ 33% vs 2024 (€ 123,638,432) Unfavourable step	▼ 33%
Profit after taxes	€ 64,053,144 Profit after taxes 2022: € 64,053,144 First fiscal year in the series	€ -26,059,085 Profit after taxes 2023: € -26,059,085 ▼ € 90.1 million vs 2022 (€ 64,053,144) Unfavourable step	€ 26,444,246 Profit after taxes 2024: € 26,444,246 ▲ € 52.5 million vs 2023 (€ -26,059,085) Favourable step	€ -45,301,085 Profit after taxes 2025: € -45,301,085 ▼ € 71.7 million vs 2024 (€ 26,444,246) Unfavourable step	▼ € 71.7 million
Equity	€ 369,281,439 Equity 2022: € 369,281,439 First fiscal year in the series	€ 343,222,353 Equity 2023: € 343,222,353 ▼ 7% vs 2022 (€ 369,281,439) Unfavourable step	€ 369,666,599 Equity 2024: € 369,666,599 ▲ 8% vs 2023 (€ 343,222,353) Favourable step	€ 324,365,515 Equity 2025: € 324,365,515 ▼ 12% vs 2024 (€ 369,666,599) Unfavourable step	▼ 12%
Total debts	€ 633,065,614 Total debts 2022: € 633,065,614 First fiscal year in the series	€ 598,018,823 Total debts 2023: € 598,018,823 ▼ 6% vs 2022 (€ 633,065,614) Favourable step	€ 541,007,106 Total debts 2024: € 541,007,106 ▼ 10% vs 2023 (€ 598,018,823) Favourable step	€ 609,928,402 Total debts 2025: € 609,928,402 ▲ 13% vs 2024 (€ 541,007,106) Unfavourable step	▲ 13%
Cash	€ 7,217,901 Cash 2022: € 7,217,901 First fiscal year in the series	€ 4,394,254 Cash 2023: € 4,394,254 ▼ 39% vs 2022 (€ 7,217,901) Unfavourable step	€ 1,692,219 Cash 2024: € 1,692,219 ▼ 61% vs 2023 (€ 4,394,254) Unfavourable step	€ 13,436,221 Cash 2025: € 13,436,221 ▲ € 11.7 million vs 2024 (€ 1,692,219) Favourable step	▲ € 11.7 million
Land & buildings	€ 12,466,728 Land & buildings 2022: € 12,466,728 First fiscal year in the series	€ 12,364,194 Land & buildings 2023: € 12,364,194 ▼ 1% vs 2022 (€ 12,466,728) Unchanged	€ 13,320,571 Land & buildings 2024: € 13,320,571 ▲ 8% vs 2023 (€ 12,364,194) Unchanged	€ 13,320,513 Land & buildings 2025: € 13,320,513 Unchanged (€ 13,320,571) Unchanged
Retained profit	€ 366,802,439 Retained profit 2022: € 366,802,439 First fiscal year in the series	€ 340,743,353 Retained profit 2023: € 340,743,353 ▼ 7% vs 2022 (€ 366,802,439) Unfavourable step	€ 367,187,599 Retained profit 2024: € 367,187,599 ▲ 8% vs 2023 (€ 340,743,353) Favourable step	€ 321,886,515 Retained profit 2025: € 321,886,515 ▼ 12% vs 2024 (€ 367,187,599) Unfavourable step	▼ 12%
Bank debt	€ 499,635,339 Bank debt 2022: € 499,635,339 First fiscal year in the series	€ 476,487,113 Bank debt 2023: € 476,487,113 ▼ 5% vs 2022 (€ 499,635,339) Favourable step	€ 406,001,819 Bank debt 2024: € 406,001,819 ▼ 15% vs 2023 (€ 476,487,113) Favourable step	€ 368,283,627 Bank debt 2025: € 368,283,627 ▼ 9% vs 2024 (€ 406,001,819) Favourable step	▼ 9%
Balance sheet total	€ 1,007,190,910 Balance sheet total 2022: € 1,007,190,910 First fiscal year in the series	€ 945,478,141 Balance sheet total 2023: € 945,478,141 ▼ 6% vs 2022 (€ 1,007,190,910) Unchanged	€ 915,264,055 Balance sheet total 2024: € 915,264,055 ▼ 3% vs 2023 (€ 945,478,141) Unchanged	€ 939,464,033 Balance sheet total 2025: € 939,464,033 ▲ 3% vs 2024 (€ 915,264,055) Unchanged	▲ 3%
Employees (FTE)	584.6 Employees (FTE) 2022: 584.6 First fiscal year in the series	528.8 Employees (FTE) 2023: 528.8 ▼ 55.8 vs 2022 (584.6) Unchanged	494.7 Employees (FTE) 2024: 494.7 ▼ 34.1 vs 2023 (528.8) Unchanged	464.3 Employees (FTE) 2025: 464.3 ▼ 30.4 vs 2024 (494.7) Unchanged	▼ 30.4

Key figures of VANDEWIELE, 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?

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

2029 Charles Beauduin stepped down as director. NBB
2027 Bernadette de Bethune stepped down as director. NBB
2027 Thomas Beauduin stepped down as director. NBB
Jun 2, 2026 New annual accounts for financial year 2025: loss of € 45.3 million (▼ € 71.7 million vs 2024). Source: NBB ↗
2023 Charles Beauduin became a director. NBB
2021 Bernadette de Bethune became a director. NBB
2021 Thomas Beauduin became a director. NBB
Jan 1, 1968 Start of the company according to the CBE. KBO

In short

From € 64.1 million profit in 2022 to € 45.3 million loss in 2025.

Paid € 4.8 million in corporate taxes since 2022.

Best year ever: 2022, with € 64.1 million profit.

Pays suppliers within 147 days on average.

Original PDFs at the National Bank ↗

Management

Vandewiele Group nv 100%

VANDEWIELE

Wittendal 100%

BMS 100%

Roj consultoria Empresarial e technologica do Brasil eirelli 100%

Société D'investissements de la Moselle 100%

+14

The shares are held by Vandewiele Group nv (100%). It owns 100% of Wittendal, 100% of BMS, 100% of Roj consultoria Empresarial e technologica do Brasil eirelli, 100% of Société D'investissements de la Moselle, 100% of Industrie Nahmaschinen Holding and 100% of Van de Wiele Istanbul itself.

Directors

According to the 2025 annual accounts

Charles Beauduin

Director

Also active at: VANDEWIELE GROUP, VLAAMS ECONOMISCH VERBOND, VIGAN ENGINEERING, Vlaams Netwerk van Ondernemingen, A. DE KONINCK, Barco Integrated Solutions, BARCO COORDINATION CENTER, FERROMATRIX +7 more

since 2023 · until 2029

Bernadette de Bethune

Director

Also active at: VANDEWIELE GROUP, 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 GROUP, Indimmo, VAN DE WIELE COORDINATIECENTRUM, BONAS TEXTILE MACHINERY, Vandewiele-Bejimac

since 2021 · until 2027

Shareholders

Vandewiele Group nv

100%

Participations

Wittendal

100%

BMS

100%

Roj consultoria Empresarial e technologica do Brasil eirelli

100%

Société D'investissements de la Moselle

100%

Industrie Nahmaschinen Holding

100%

Van de Wiele Istanbul

100%

Savio- Vandewiele

100%

Vandewiele Solutions

100%

Iropa

100%

Superba

100%

Bonas

100%

Michel Van de Wiele

100%

Staccato Technologies

97%

Van de Wiele Asia

95.1%

89.6%

63.8%

10%

Establishments

Establishment units

Physical locations of this company

Registered office

Michel Vandewielestraat(Mar) 7

8510 Kortrijk

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 GROUP same network

€ 28.3 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: 0405.450.595
VAT number: BE 0405.450.595
Registered office: Michel Vandewielestraat(Mar) 7, 8510 Kortrijk
Names & denominations: VANDEWIELE
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 1 January 1968
Peppol: Active · Active since 12 Nov 2025
Activities · NACE: Vervaardiging van machines voor de productie van textiel, kleding en leer

View on CBE Public ↗ Annual accounts (NBB) ↗

VANDEWIELE

Warning lights

Financials

What happened to VANDEWIELE?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions