Financials
Financial year 2025
JOS VANNESTE from Harelbeke, company number BE0428663784, closed financial year 2025 with a result of € 3 million after tax. For that financial year JOS VANNESTE recorded revenue of € 52 million and equity of € 7 million. Compared with financial year 2024, the result moved from € 1.4 million to € 3 million. 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 May 7, 2026.
€ 7 million
▲ 50% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3 million
▲ 106% vs 2024
Profit after tax over the fiscal year.
€ 309,131
▲ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 600,000 paid out
20 % of the profit went to the shareholders, mostly to FLANDERS FLAX HOLDING (100 % of the shares). That is where the money ends up.
People and assets in 2025
49.7
▲ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.4 million
▲ 10% vs 2024
€ 67,900 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.
€ 214,582
▲ 5% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.7 million
▼ 62% vs 2024
€ 276,611 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 6.1 million
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 49 days on average.
€ 537,933
▲ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 50,033,856 | € 62,256,032 | € 64,383,135 | € 52,030,811 | ▼ 19% |
| Profit after taxes | € 1,539,203 | € 3,202,102 | € 1,436,524 | € 2,955,783 | ▲ 106% |
| Equity | € 3,934,019 | € 5,036,121 | € 4,672,645 | € 7,028,427 | ▲ 50% |
| Total debts | € 9,434,347 | € 10,662,932 | € 11,599,722 | € 9,215,402 | ▼ 21% |
| Cash | € 788,787 | € 1,145,934 | € 241,377 | € 309,131 | ▲ 28% |
| Retained profit | € 2,159,019 | € 3,396,121 | € 3,167,645 | € 5,658,427 | ▲ 79% |
| Dividend | € 1,305,000 | € 2,100,000 | € 1,800,000 | € 600,000 | ▼ 67% |
| Bank debt | € 1,932,717 | € 1,162,071 | € 4,516,557 | € 1,708,972 | ▼ 62% |
| Balance sheet total | € 13,368,366 | € 15,699,053 | € 16,272,366 | € 16,243,830 | |
| Employees (FTE) | 41.8 | 44.3 | 47.9 | 49.7 | ▲ 1.8 |
Key figures of JOS VANNESTE, 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 JOS VANNESTE?
What happened at JOS VANNESTE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3 million (▲ 106% vs 2024). Source: NBB ↗
- New establishment in Harelbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.5 million profit in 2022 to € 3 million profit in 2025.
Paid € 2.8 million in corporate taxes since 2022.
Best year ever: 2023, with € 3.2 million profit.
Paid out € 5.8 million in dividends to the owners in total.
Management
The stake of FLANDERS FLAX HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
JOS VANNESTEBehind JOS VANNESTE are Sophie Rombouts and FLANDERS FLAX HOLDING BV. The shares are held by FLANDERS FLAX HOLDING (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Alex Vanneste
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Peter Pauwel Rubensstraat 3
8530 Harelbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0428.663.784
- VAT number
- BE 0428.663.784
- Registered office
- Peter Pauwel Rubensstraat 3, 8530 Harelbeke
- Names & denominations
- JOS VANNESTE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 March 1986
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
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