Financials
Financial year 2025
Vlasvezelbedrijf Léon Vandecasteele-Entreprise linière Léon Vandecasteele from Lendelede, company number BE0412691052, closed financial year 2025 with a result of € 2.1 million after tax. For that financial year Vlasvezelbedrijf Léon Vandecasteele-Entreprise linière Léon Vandecasteele recorded a gross margin of € 4 million and equity of € 11.2 million. Compared with financial year 2024, the result moved from € 2.3 million to € 2.1 million. 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 May 19, 2026.
€ 11.2 million
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.1 million
▼ 12% vs 2024
Profit after tax over the fiscal year.
€ 4.7 million
▲ 45% 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 € 10.7 million.
People and assets in 2025
13.1
▲ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 837,459
▲ 10% vs 2024
€ 63,900 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.
€ 170,791
▼ 26% 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.
€ 5 million
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 115,444
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,449,518 | € 4,511,908 | € 4,375,619 | € 3,951,595 | ▼ 10% |
| Profit after taxes | € 975,719 | € 2,751,555 | € 2,317,463 | € 2,050,006 | ▼ 12% |
| Equity | € 4,439,601 | € 6,791,155 | € 9,108,618 | € 11,158,624 | ▲ 23% |
| Total debts | € 5,495,083 | € 6,368,703 | € 5,488,052 | € 5,244,945 | ▼ 4% |
| Cash | € 3,578,958 | € 1,434,868 | € 3,251,511 | € 4,727,278 | ▲ 45% |
| Land & buildings | € 908,043 | € 955,445 | € 885,432 | € 917,303 | ▲ 4% |
| Retained profit | € 4,025,886 | € 6,377,441 | € 8,694,903 | € 10,744,909 | ▲ 24% |
| Dividend | € 0 | € 400,000 | € 0 | € 0 | |
| Bank debt | € 180,000 | € 60,000 | € 0 | € 0 | |
| Balance sheet total | € 9,934,683 | € 13,159,858 | € 14,596,669 | € 16,403,569 | ▲ 12% |
| Employees (FTE) | 12.1 | 12.5 | 12.3 | 13.1 | ▲ 0.8 |
Key figures of Vlasvezelbedrijf Léon Vandecasteele-Entreprise linière Léon Vandecasteele, 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 May 2027.
What happened to Vlasvezelbedrijf Léon Vandecasteele-Entreprise linière Léon Vandecasteele?
What happened at Vlasvezelbedrijf Léon Vandecasteele-Entreprise linière Léon Vandecasteele in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Benoit Onraet stepped down as director. NBB
- Edward Onraet stepped down as director. NBB
- Esteban Vandecasteele stepped down as director. NBB
- VDC-FLAX FAMILY INVEST bv stepped down as director. NBB
- WK VANDECASTEELE MANAGEMENT bv stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.1 million (▼ 12% vs 2024). Source: NBB ↗
- Benoit Onraet became a director. NBB
- Edward Onraet became a director. NBB
In short
From € 975,719 profit in 2022 to € 2.1 million profit in 2025.
Paid € 2.6 million in corporate taxes since 2022.
Best year ever: 2023, with € 2.8 million profit.
On average € 301,600 of value added per employee in 2025.
Management
The stake of VDC-FLAX FAMILY INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Vlasvezelbedrijf Léon Vandecasteele-Entreprise linière Léon VandecasteeleThe shares are held by VDC-FLAX FAMILY INVEST (64.4%).
Directors
According to the 2025 annual accounts
Benoit Onraet
Director
since 2026 · until 2031
Edward Onraet
Director
since 2026 · until 2031
Esteban Vandecasteele
Director
since 2026 · until 2031
Director · represented by Vandecasteele Katrien
since 2026 · until 2031
WK VANDECASTEELE MANAGEMENT bv
Director · represented by Vandecasteele Wim
Also active at: VDC-FLAX FAMILY INVEST
since 2026 · until 2031
Shareholders
64.4%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Izegemsestraat 71
8860 Lendelede
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
- 0412.691.052
- VAT number
- BE 0412.691.052
- Registered office
- Izegemsestraat 71, 8860 Lendelede
- Names & denominations
- Vlasvezelbedrijf Léon Vandecasteele-Entreprise linière Léon Vandecasteele
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 October 1972
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Bewerken en spinnen van textielvezels
Bewerken en spinnen van vlas- of vlasachtige vezels
Groothandel in textiel
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Groothandel in huishoudtextiel en beddengoed