Financials
Financial year 2025
VANSTEELAND from Izegem, company number BE0419829559, closed financial year 2025 with a result of € 433,921 after tax. For that financial year VANSTEELAND recorded a gross margin of € 2.6 million and equity of € 2.7 million. Compared with financial year 2024, the result moved from € 335,344 to € 433,921. 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 July 28, 2026.
€ 2.7 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 433,921
▲ 29% vs 2024
Profit after tax over the fiscal year.
€ 1.9 million
▲ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 350,000 paid out
81 % of the profit went to the shareholders, mostly to SOMO INVEST (80 % of the shares). That is where the money ends up.
People and assets in 2025
21.8
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▼ 1% vs 2024
€ 83,500 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.
€ 103,831
▲ 205% 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.
€ 1.4 million
▲ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 386,485
▼ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 27,754,500 | - | - | |
| Gross margin | € 2,240,475 | - | € 2,451,994 | € 2,569,908 | ▲ 5% |
| Profit after taxes | € 436,915 | € 496,330 | € 335,344 | € 433,921 | ▲ 29% |
| Equity | € 2,467,738 | € 2,614,068 | € 2,649,412 | € 2,733,333 | ▲ 3% |
| Total debts | € 3,552,566 | € 2,594,540 | € 2,155,043 | € 2,330,061 | ▲ 8% |
| Cash | € 3,092,059 | € 940,734 | € 1,678,186 | € 1,920,224 | ▲ 14% |
| Retained profit | € 2,405,738 | € 2,552,068 | € 2,587,412 | € 2,671,333 | ▲ 3% |
| Dividend | € 300,000 | € 350,000 | € 300,000 | € 350,000 | ▲ 17% |
| Balance sheet total | € 6,020,304 | € 5,208,608 | € 4,804,456 | € 5,063,395 | ▲ 5% |
| Employees (FTE) | 21.2 | 20.3 | 21.8 | 21.8 |
Key figures of VANSTEELAND, 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 VANSTEELAND?
What happened at VANSTEELAND in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 433,921 (▲ 29% vs 2024). Source: NBB ↗
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 436,915 profit in 2022 to € 433,921 profit in 2025.
Paid € 654,760 in corporate taxes since 2022.
Best year ever: 2023, with € 496,330 profit.
On average € 117,900 of value added per employee in 2025.
Management
The stake of SOMO INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VANSTEELANDBehind VANSTEELAND are SOMO INVEST BV, VANMOBIL NV, IMMO SOMO NV, GVG SERVICE BV and NOVADEM BV. The shares are held by SOMO INVEST (80%).
Directors
According to the 2025 annual accounts
Chairman of the board · represented by Maria MORTIER
Also active at: DE GRANDE CARS, Automobilia Cars, RECON TRUCKS, VEURNE AUTO, VANMOBIL, AUTOMOBILIA & Co, RECON, AUTOMOBILIA TRUCKS & CARS +5 more
Director · represented by Christ SOETE
Also active at: DE GRANDE CARS, Automobilia Cars, RECON TRUCKS, VEURNE AUTO, VANMOBIL, AUTOMOBILIA & Co, RECON, AUTOMOBILIA TRUCKS & CARS +5 more
Shareholders
80%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rijksweg 28-30
8870 Izegem
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
TRANSIP-AS Amsterdam, the Netherlands, NL
Website info
Features
Security
Details
- Company number
- 0419.829.559
- VAT number
- BE 0419.829.559
- Registered office
- Rijksweg 28-30, 8870 Izegem
- Names & denominations
- VANSTEELAND
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 October 1979
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Groothandel in motorvoertuigen
Groothandel in andere motorvoertuigen (> 3,5 ton)
Groothandel in aanhangwagens, opleggers en caravans
Handel in aanhangwagens, opleggers en caravans
Handelsbemiddeling in de groothandel in andere specifieke goederen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Diensten in verband met vervoer te land
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
+8