Financials
Financial year 2025
VANCOILLIE from Kortemark, company number BE0429000712, closed financial year 2025 with a result of € 463,256 after tax. For that financial year VANCOILLIE recorded a gross margin of € 803,566 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 650,539 to € 463,256. 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 January 29, 2026.
€ 1.1 million
▲ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 463,256
▼ 29% vs 2024
Profit after tax over the fiscal year.
€ 358,728
▼ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 136,360 paid out
29 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
1.7
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 82,543
▼ 7% vs 2024
€ 48,600 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.
€ 69,230
▼ 31% vs 2024
Of which on lease € 31,480.
Debts at end 2025
€ 40,320
▼ 43% vs 2024
€ 21,704 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 994,918
▼ 63% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 224,582
▲ € 220,976 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 269,781 | € -191,118 | € 918,523 | € 803,566 | ▼ 13% |
| Profit after taxes | € 65,259 | € -309,195 | € 650,539 | € 463,256 | ▼ 29% |
| Equity | € 438,503 | € 129,308 | € 779,847 | € 1,106,742 | ▲ 42% |
| Total debts | € 1,655,000 | € 2,054,912 | € 2,744,215 | € 1,274,819 | ▼ 54% |
| Cash | € 251,342 | € 471,260 | € 396,701 | € 358,728 | ▼ 10% |
| Land & buildings | € 138,939 | € 123,501 | € 108,063 | € 92,626 | ▼ 14% |
| Retained profit | € 287,061 | € -22,134 | € 628,405 | € 955,300 | ▲ 52% |
| Dividend | € 0 | € 0 | € 0 | € 136,360 | |
| Bank debt | € 320,108 | € 364,413 | € 70,497 | € 40,320 | ▼ 43% |
| Balance sheet total | € 2,093,503 | € 2,184,220 | € 3,524,062 | € 2,381,561 | ▼ 32% |
| Employees (FTE) | 2.6 | 1.2 | 1.9 | 1.7 | ▼ 0.2 |
Key figures of VANCOILLIE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to VANCOILLIE?
What happened at VANCOILLIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 463,256 (▼ 29% vs 2024). Source: NBB ↗
- New establishment in Kortemark. KBO
- Start of the company according to the CBE. KBO
In short
From € 65,259 profit in 2022 to € 463,256 profit in 2025.
Paid € 314,073 in corporate taxes since 2022.
Best year ever: 2024, with € 650,539 profit.
On average € 472,700 of value added per employee in 2025.
Management
Behind VANCOILLIE are Olivier VANCOILLIE and Jan VANCOILLIE.
Directors
According to the 2025 annual accounts
Olivier VANCOILLIE
Director
Jan VANCOILLIE
Director
Establishments
Establishment units
Physical locations of this company
Werkenstraat 79 box A
8610 Kortemark
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
- 0429.000.712
- VAT number
- BE 0429.000.712
- Registered office
- Werkenstraat 79 bus A, 8610 Kortemark
- Names & denominations
- VANCOILLIE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 May 1986
- Peppol
- Active · Active since 21 May 2025
- Activities · NACE
Groothandel in groenten en fruit
Groothandel in groenten en fruit, muv consumptieaardappelen
Groothandel in consumptieaardappelen
Detailhandel in groenten en fruit