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 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VANDEF from Waregem, company number BE0428465826, closed financial year 2025 with a result of € 65,338 after tax. For that financial year VANDEF recorded a gross margin of € 106,726 and equity of € 700,294. Compared with financial year 2024, the result moved from € 65,414 to € 65,338. The company is profitable. 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 June 18, 2026.
€ 700,294
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 65,338
Profit after tax over the fiscal year.
€ 39,548
▼ 11% 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 € -372,514.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 561
▲ 196% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,638
▼ 26% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 109,046 | € 100,393 | € 113,784 | € 106,726 | ▼ 6% |
| Profit after taxes | € 93,354 | € 85,037 | € 65,414 | € 65,338 | |
| Equity | € 484,531 | € 569,567 | € 634,956 | € 700,294 | ▲ 10% |
| Total debts | € 117,654 | € 109,497 | € 90,065 | € 92,650 | ▲ 3% |
| Cash | € 201,773 | € 280,471 | € 44,672 | € 39,548 | ▼ 11% |
| Land & buildings | € 400,349 | € 398,531 | € 400,286 | € 398,456 | |
| Retained profit | € -588,277 | € -503,240 | € -437,852 | € -372,514 | ▲ € 65,338 |
| Bank debt | € 9,918 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 602,185 | € 679,064 | € 725,021 | € 792,944 | ▲ 9% |
Key figures of VANDEF, 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 VANDEF?
What happened at VANDEF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 65,338. Source: NBB ↗
- Jenny De Frene stepped down as director. NBB
- Greet Vanwynsberghe stepped down as director. NBB
- Bert Vanwynsberghe stepped down as director. NBB
- Jenny De Frene became a director. NBB
- Greet Vanwynsberghe became a director. NBB
- Bert Vanwynsberghe became a director. NBB
- New establishment in Waregem. KBO
In short
From € 93,354 profit in 2022 to € 65,338 profit in 2025.
Paid € 63,828 in corporate taxes since 2022.
Best year ever: 2022, with € 93,354 profit.
Management
Directors
According to the 2025 annual accounts
Jenny De Frene
Managing director
since 2020 · until 2026
Greet Vanwynsberghe
Director
since 2020 · until 2026
Bert Vanwynsberghe
Director
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Markt 19
8790 Waregem
Markt 19 box 4/1
8790 Waregem
Active since 10 March 1986
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.
Details
- Company number
- 0428.465.826
- VAT number
- BE 0428.465.826
- Registered office
- Markt 19, 8790 Waregem
- Names & denominations
- VANDEF
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 January 1986
- Peppol
- Active · Active since 6 Mar 2025