Financials
Financial year 2025
MAN Zuid vlaanderen from Waregem, company number BE0412861395, closed financial year 2025 with a result of € 1 million after tax. For that financial year MAN Zuid vlaanderen recorded a gross margin of € 1.9 million and equity of € 2.8 million. Compared with financial year 2024, the result moved from € 527,907 to € 1 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 January 30, 2026.
€ 2.8 million
▲ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1 million
▲ 96% vs 2024
Profit after tax over the fiscal year.
€ 1.3 million
▼ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 200,766 paid out
19 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
5.4
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 428,702
▼ 12% vs 2024
€ 79,400 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.
€ 246,770
▲ 102% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 77
▼ € 599,923 vs 2024
Loans from banks and other lenders, long and short.
€ 1.5 million
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 56,530
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,039,216 | € 1,108,053 | € 1,255,352 | € 1,946,051 | ▲ 55% |
| Profit after taxes | € 168,725 | € 380,406 | € 527,907 | € 1,034,014 | ▲ 96% |
| Equity | € 1,504,080 | € 1,432,764 | € 1,960,670 | € 2,793,919 | ▲ 42% |
| Total debts | € 1,691,042 | € 2,780,456 | € 2,585,950 | € 1,922,689 | ▼ 26% |
| Cash | € 1,162,530 | € 628,655 | € 1,562,817 | € 1,274,840 | ▼ 18% |
| Land & buildings | € 702,599 | € 651,676 | € 618,760 | € 590,308 | ▼ 5% |
| Retained profit | € 1,473,080 | € 1,401,764 | € 1,929,670 | € 2,762,919 | ▲ 43% |
| Dividend | € 0 | € 451,722 | € 0 | € 200,766 | |
| Bank debt | € 884,043 | € 950,000 | € 600,000 | € 77 | ▼ € 599,923 |
| Balance sheet total | € 3,295,122 | € 4,313,220 | € 4,546,620 | € 4,716,607 | ▲ 4% |
| Employees (FTE) | 6.1 | 5.6 | 6.1 | 5.4 | ▼ 0.7 |
Key figures of MAN Zuid vlaanderen, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MAN Zuid vlaanderen?
What happened at MAN Zuid vlaanderen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1 million (▲ 96% vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 168,725 profit in 2022 to € 1 million profit in 2025.
Paid € 715,507 in corporate taxes since 2022.
Best year ever: 2025, with € 1 million profit.
On average € 360,400 of value added per employee in 2025.
A new publication or filing at MAN Zuid vlaanderen? We notify you, reason included.
Follow MAN Zuid vlaanderenDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MAN Zuid vlaanderen are DELBEKE INVEST BV and Marc Delbeke. The shares are held by Pascal Delbeke and DELBEKE INVEST.
Directors
According to the 2025 annual accounts
Marc Delbeke
Director
Shareholders
Pascal Delbeke
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Transvaalstraat 49Z
8793 Waregem
Transvaalstraat 49z
8793 Waregem
Active since 1 January 1973
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0412.861.395
- VAT number
- BE 0412.861.395
- Registered office
- Transvaalstraat 49Z, 8793 Waregem
- Names & denominations
- MAN Zuid vlaanderen
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 1972
- Peppol
- Active · Active since 17 Dec 2025
- Contact
- manzuidvlaanderen.be
- Activities · NACE
Groothandel in andere motorvoertuigen (> 3,5 ton)
Detailhandel in motorvoertuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van overige motorvoertuigen (> 3,5 ton)
Onderhoud en reparatie van auto's
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)