Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 9.6 to 8.3.
Financials
Financial year 2025
Meubelfabriek Vandenberghe from Wingene, company number BE0414411615, closed financial year 2025 with a result of € -52,504 after tax. For that financial year Meubelfabriek Vandenberghe recorded a gross margin of € 554,112 and equity of € 551,343. Compared with financial year 2024, the result moved from € 87,508 to € -52,504. 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 16, 2026.
€ 551,343
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -52,504
▼ still € 87,508 profit in 2024
Profit after tax over the fiscal year.
€ 94,851
▼ 52% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 426,343.
People and assets in 2025
8.3
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 464,883
▼ 3% vs 2024
€ 56,000 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.
€ 4,510
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▼ 13% vs 2024
€ 168,347 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 235,425
▲ 219% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 59,258
▼ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 727,027 | € 606,564 | € 683,030 | € 554,112 | ▼ 19% |
| Profit after taxes | € 204,661 | € 1,235 | € 87,508 | € -52,504 | ▼ € 140,012 |
| Equity | € 515,105 | € 516,340 | € 603,847 | € 551,343 | ▼ 9% |
| Total debts | € 1,705,249 | € 1,551,058 | € 1,405,928 | € 1,395,298 | ▼ 1% |
| Cash | € 233,163 | € 152,829 | € 197,108 | € 94,851 | ▼ 52% |
| Land & buildings | € 851,341 | € 828,138 | € 800,423 | € 772,707 | ▼ 3% |
| Retained profit | € 390,105 | € 391,340 | € 478,847 | € 426,343 | ▼ 11% |
| Bank debt | € 924,395 | € 947,943 | € 1,263,332 | € 1,099,155 | ▼ 13% |
| Balance sheet total | € 2,220,354 | € 2,067,398 | € 2,009,776 | € 1,946,641 | ▼ 3% |
| Employees (FTE) | 9.7 | 9.6 | 8.8 | 8.3 | ▼ 0.5 |
Key figures of Meubelfabriek Vandenberghe, 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 Meubelfabriek Vandenberghe?
What happened at Meubelfabriek Vandenberghe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- HERACO BV stepped down as director. NBB
- CHALALUM COMMV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 52,504 (▼ € 140,012 vs 2024). Source: NBB ↗
- HERACO BV became a director. NBB
- CHALALUM COMMV became a director. NBB
- New establishment in Wingene. KBO
- Start of the company according to the CBE. KBO
In short
From € 204,661 profit in 2022 to € 52,504 loss in 2025.
Paid € 825 in corporate taxes since 2022.
Best year ever: 2022, with € 204,661 profit.
On average € 66,800 of value added per employee in 2025.
Management
The stake of Heraco comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Meubelfabriek VandenbergheThe shares are held by Heraco (25%).
Directors
According to the 2025 annual accounts
Director · represented by Michaël DESLYPERE
since 2021 · until 2027
Managing director · represented by Lieven VANDEN BERGHE
since 2021 · until 2027
Shareholders
25%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Verrekijker 79
8750 Wingene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0414.411.615
- VAT number
- BE 0414.411.615
- Registered office
- Verrekijker 79, 8750 Wingene
- Names & denominations
- Meubelfabriek Vandenberghe
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1974
- Peppol
- Active · Active since 17 Jul 2025
- Activities · NACE
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