Financials
Financial year 2025
VANDORPE from Wevelgem, company number BE0420199842, closed financial year 2025 with a result of € 277,270 after tax. For that financial year VANDORPE recorded revenue of € 5.7 million and equity of € 2.7 million. Compared with financial year 2024, the result moved from € 298,320 to € 277,270. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 2.7 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 277,270
▼ 7% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▲ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 287,453 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
30.3
▲ 3.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▲ 2% vs 2024
€ 64,000 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.
€ 231,257
▲ 42% vs 2024
Of which on lease € 169,753.
Debts at end 2025
€ 120,897
▲ 106% vs 2024
€ 40,157 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 277,596
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 88,225
▼ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 5,663,685 | |
| Gross margin | € 2,149,124 | € 2,370,168 | € 2,565,578 | € 2,417,172 | ▼ 6% |
| Profit after taxes | € 115,446 | € 60,719 | € 298,320 | € 277,270 | ▼ 7% |
| Equity | € 2,705,856 | € 2,507,164 | € 2,717,853 | € 2,707,670 | |
| Total debts | € 1,939,485 | € 1,675,559 | € 1,704,881 | € 1,601,839 | ▼ 6% |
| Cash | € 1,463,652 | € 1,555,096 | € 1,005,370 | € 1,133,931 | ▲ 13% |
| Land & buildings | € 675,390 | € 652,157 | € 635,848 | € 620,513 | ▼ 2% |
| Retained profit | € 1,695,856 | € 1,497,164 | € 1,707,853 | € 1,697,670 | ▼ 1% |
| Dividend | € 345,509 | € 259,411 | € 87,631 | € 287,453 | ▲ 228% |
| Bank debt | € 45,444 | € 51,463 | € 58,783 | € 120,897 | ▲ 106% |
| Balance sheet total | € 5,011,332 | € 4,901,714 | € 5,171,725 | € 5,026,000 | ▼ 3% |
| Employees (FTE) | 25.6 | 26.9 | 26.6 | 30.3 | ▲ 3.7 |
Key figures of VANDORPE, 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 VANDORPE?
What happened at VANDORPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 277,270 (▼ 7% vs 2024). Source: NBB ↗
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 115,446 profit in 2022 to € 277,270 profit in 2025.
Paid € 376,655 in corporate taxes since 2022.
Best year ever: 2024, with € 298,320 profit.
On average € 79,800 of value added per employee in 2025.
Management
Behind VANDORPE is Andy Vandorpe. It owns 100% of HVV itself.
Directors
According to the 2025 annual accounts
Andy Vandorpe
Director
Establishments
Establishment units
Physical locations of this company
Drieslaan 26
8560 Wevelgem
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
HETZNER-AS, DE
Website info
Features
Security
Details
- Company number
- 0420.199.842
- VAT number
- BE 0420.199.842
- Registered office
- Drieslaan 26, 8560 Wevelgem
- Names & denominations
- VANDORPE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 1980
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- vandorpe.be
- Activities · NACE
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