Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 12.9 to 10.
Financials
Financial year 2025
VANDECASTEELE MARC & C° from Izegem, company number BE0424746865, closed financial year 2025 with a result of € 13,113 after tax. For that financial year VANDECASTEELE MARC & C° recorded a gross margin of € 1 million and equity of € 5.6 million. Compared with financial year 2024, the result moved from € -201,255 to € 13,113. 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 September 30, 2026.
€ 5.6 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,113
▲ still € 201,255 loss in 2024
Profit after tax over the fiscal year.
€ 1.7 million
▼ 13% 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 € 5.5 million.
People and assets in 2025
10
▼ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 661,220
▼ 36% vs 2024
€ 66,100 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.
€ 47,767
▼ 57% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 26,705
▼ 68% vs 2024
Loans from banks and other lenders, long and short.
€ 484,892
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 90,016
▼ 41% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 9,203,199 | € 9,372,411 | - | |
| Gross margin | € 1,270,442 | - | - | € 1,035,540 | |
| Profit after taxes | € 120,756 | € 349,903 | € -201,255 | € 13,113 | ▲ € 214,368 |
| Equity | € 5,580,280 | € 5,780,184 | € 5,578,929 | € 5,592,042 | |
| Total debts | € 1,398,258 | € 1,448,599 | € 939,531 | € 689,404 | ▼ 27% |
| Cash | € 1,585,816 | € 1,955,285 | € 1,999,142 | € 1,741,422 | ▼ 13% |
| Land & buildings | € 1,372,284 | € 1,427,667 | € 1,308,464 | € 1,230,947 | ▼ 6% |
| Retained profit | € 5,470,280 | € 5,670,184 | € 5,468,929 | € 5,482,042 | |
| Dividend | € 0 | € 150,000 | € 0 | € 0 | |
| Bank debt | € 310,523 | € 209,869 | € 83,092 | € 26,705 | ▼ 68% |
| Balance sheet total | € 6,978,538 | € 7,228,782 | € 6,518,460 | € 6,281,446 | ▼ 4% |
| Employees (FTE) | 12.4 | 12.9 | 11.7 | 10 | ▼ 1.7 |
Key figures of VANDECASTEELE MARC & C°, 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 VANDECASTEELE MARC & C°?
What happened at VANDECASTEELE MARC & C° in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- BVDC BV stepped down as director. NBB
- Tiga BV stepped down as director. NBB
- Devan Services NV stepped down as director. NBB
- Marie-Claire Demuynck stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 13,113. filed late Source: NBB ↗
- BVDC BV became a director. NBB
- Tiga BV became a director. NBB
- Devan Services NV became a director. NBB
In short
From € 120,756 profit in 2022 to € 13,113 profit in 2025.
Paid € 153,221 in corporate taxes since 2022.
Best year ever: 2023, with € 349,903 profit.
On average € 103,600 of value added per employee in 2025.
Management
The stake of DEVAN SERVICES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VANDECASTEELE MARC & C°The shares are held by DEVAN SERVICES (46.2%).
Directors
According to the 2025 annual accounts
Managing director · represented by Vandecasteele Brecht
since 2024 · until 2030
Managing director · represented by Vandecasteele Dimitri
since 2024 · until 2030
Managing director · represented by Vandecasteele Marc
since 2024 · until 2030
Marie-Claire Demuynck
Managing director
since 2024 · until 2030
Shareholders
46.2%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ambachtenstraat 47
8870 Izegem
Ambachtenstraat 52
8870 Izegem
Active since 14 October 1983
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0424.746.865
- VAT number
- BE 0424.746.865
- Registered office
- Ambachtenstraat 47, 8870 Izegem
- Names & denominations
- VANDECASTEELE MARC & C°
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 October 1983
- Peppol
- Active · Active since 6 Aug 2026
- Activities · NACE
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