What does VANDEMOORTELE GHISLENGHIEN do?

VANDEMOORTELE GHISLENGHIEN is a bakery in Ath. Public Limited, started on 27 May 1987, 1 establishment.

What is the address of VANDEMOORTELE GHISLENGHIEN?

The registered office of VANDEMOORTELE GHISLENGHIEN is located at Avenue des Artisans(GHI) 47, 7822 Ath.

Is VANDEMOORTELE GHISLENGHIEN still active?

Yes. According to the CBE (29 October 2026) VANDEMOORTELE GHISLENGHIEN is active, legal situation “Normale toestand”, started on 27 May 1987.

Is VANDEMOORTELE GHISLENGHIEN registered on Peppol?

Yes, VANDEMOORTELE GHISLENGHIEN is registered on the Peppol network with ID 0208:0431285754.

What is the enterprise number of VANDEMOORTELE GHISLENGHIEN?

The enterprise number of VANDEMOORTELE GHISLENGHIEN is BE0431285754.

When was VANDEMOORTELE GHISLENGHIEN founded?

VANDEMOORTELE GHISLENGHIEN was founded on 27 May 1987.

Who are the directors of VANDEMOORTELE GHISLENGHIEN?

According to the 2025 annual accounts, the directors of VANDEMOORTELE GHISLENGHIEN are: Philippe Delsaut, Yvon Guerin, Pieter Frans Boone.

Is VANDEMOORTELE GHISLENGHIEN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 May 1987; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did VANDEMOORTELE GHISLENGHIEN make in 2025?

VANDEMOORTELE GHISLENGHIEN posted a profit after taxes of € 244,630 in financial year 2025.

What is the revenue of VANDEMOORTELE GHISLENGHIEN?

In its most recent annual accounts (2025), VANDEMOORTELE GHISLENGHIEN reported revenue of € 7,287,829.

How much does an employee at VANDEMOORTELE GHISLENGHIEN earn?

The average wage cost per full-time employee at VANDEMOORTELE GHISLENGHIEN was € 52,000 in 2025: staff costs of € 2.4 million for 45.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does VANDEMOORTELE GHISLENGHIEN have?

According to the 2025 annual accounts, VANDEMOORTELE GHISLENGHIEN has 45.9 full-time equivalents (FTE).

VANDEMOORTELE GHISLENGHIEN (Public Limited) - Ath

Dossier VANDEMOORTELE GHISLENGHIEN, printed on 29 October 2026 from databakkes.be/en/0431285754/vandemoortele-ghislenghien. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Figures corrected NBB

Corrected annual account filed for 2025.

Financials

Financial year 2025

VANDEMOORTELE GHISLENGHIEN from Ath, company number BE0431285754, closed financial year 2025 with a result of € 244,630 after tax. For that financial year VANDEMOORTELE GHISLENGHIEN recorded revenue of € 7.3 million and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 256,841 to € 244,630. 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 September 4, 2026.

What it is worth Growing

€ 1.9 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 244,630

▼ 5% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 852,914

▲ 33% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 244,500 paid out

100 % of the profit went to the shareholders, mostly to VAMIX NV (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

45.9

▲ 0.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 1.4 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2.4 million

▲ 2% vs 2024

€ 52,000 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.

Vehicles and equipment

€ 10,662

▼ 29% vs 2024

Of which on lease € 2,828.

Debts at end 2025

Bank debt ≈ 1 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 6,540

€ 4,860 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 1 million

▼ 7% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 88 days on average.

Taxes and wages

€ 460,223

▲ 24% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 6,187,194 Revenue 2022: € 6,187,194 First fiscal year in the series	€ 8,202,619 Revenue 2023: € 8,202,619 ▲ 33% vs 2022 (€ 6,187,194) Favourable step	€ 7,410,990 Revenue 2024: € 7,410,990 ▼ 10% vs 2023 (€ 8,202,619) Unfavourable step	€ 7,287,829 Revenue 2025: € 7,287,829 ▼ 2% vs 2024 (€ 7,410,990) Unfavourable step	▼ 2%
Profit after taxes	€ 141,120 Profit after taxes 2022: € 141,120 First fiscal year in the series	€ 236,565 Profit after taxes 2023: € 236,565 ▲ 68% vs 2022 (€ 141,120) Favourable step	€ 256,841 Profit after taxes 2024: € 256,841 ▲ 9% vs 2023 (€ 236,565) Favourable step	€ 244,630 Profit after taxes 2025: € 244,630 ▼ 5% vs 2024 (€ 256,841) Unfavourable step	▼ 5%
Equity	€ 1,402,206 Equity 2022: € 1,402,206 First fiscal year in the series	€ 1,638,771 Equity 2023: € 1,638,771 ▲ 17% vs 2022 (€ 1,402,206) Favourable step	€ 1,895,612 Equity 2024: € 1,895,612 ▲ 16% vs 2023 (€ 1,638,771) Favourable step	€ 1,895,742 Equity 2025: € 1,895,742 Unchanged (€ 1,895,612) Favourable step
Total debts	€ 1,605,926 Total debts 2022: € 1,605,926 First fiscal year in the series	€ 1,747,070 Total debts 2023: € 1,747,070 ▲ 9% vs 2022 (€ 1,605,926) Unfavourable step	€ 1,510,577 Total debts 2024: € 1,510,577 ▼ 14% vs 2023 (€ 1,747,070) Favourable step	€ 1,751,724 Total debts 2025: € 1,751,724 ▲ 16% vs 2024 (€ 1,510,577) Unfavourable step	▲ 16%
Cash	€ 338 Cash 2022: € 338 First fiscal year in the series	€ 550,855 Cash 2023: € 550,855 ▲ € 550,517 vs 2022 (€ 338) Favourable step	€ 642,999 Cash 2024: € 642,999 ▲ 17% vs 2023 (€ 550,855) Favourable step	€ 852,914 Cash 2025: € 852,914 ▲ 33% vs 2024 (€ 642,999) Favourable step	▲ 33%
Land & buildings	€ 800,307 Land & buildings 2022: € 800,307 First fiscal year in the series	€ 1,013,012 Land & buildings 2023: € 1,013,012 ▲ 27% vs 2022 (€ 800,307) Unchanged	€ 988,456 Land & buildings 2024: € 988,456 ▼ 2% vs 2023 (€ 1,013,012) Unchanged	€ 1,128,372 Land & buildings 2025: € 1,128,372 ▲ 14% vs 2024 (€ 988,456) Unchanged	▲ 14%
Retained profit	€ 795,599 Retained profit 2022: € 795,599 First fiscal year in the series	€ 1,032,164 Retained profit 2023: € 1,032,164 ▲ 30% vs 2022 (€ 795,599) Favourable step	€ 1,289,005 Retained profit 2024: € 1,289,005 ▲ 25% vs 2023 (€ 1,032,164) Favourable step	€ 1,289,134 Retained profit 2025: € 1,289,134 Unchanged (€ 1,289,005) Favourable step
Dividend	€ 140,000 Dividend 2022: € 140,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 140,000) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 244,500 Dividend 2025: € 244,500 Unchanged (€ 0) Unchanged
Bank debt	€ 289,058 Bank debt 2022: € 289,058 First fiscal year in the series	€ 6,540 Bank debt 2023: € 6,540 ▼ 98% vs 2022 (€ 289,058) Favourable step	€ 6,540 Bank debt 2024: € 6,540 Unchanged (€ 6,540) Unfavourable step	€ 6,540 Bank debt 2025: € 6,540 Unchanged (€ 6,540) Unchanged
Balance sheet total	€ 3,008,132 Balance sheet total 2022: € 3,008,132 First fiscal year in the series	€ 3,385,841 Balance sheet total 2023: € 3,385,841 ▲ 13% vs 2022 (€ 3,008,132) Unchanged	€ 3,406,189 Balance sheet total 2024: € 3,406,189 ▲ 1% vs 2023 (€ 3,385,841) Unchanged	€ 3,647,466 Balance sheet total 2025: € 3,647,466 ▲ 7% vs 2024 (€ 3,406,189) Unchanged	▲ 7%
Employees (FTE)	49.1 Employees (FTE) 2022: 49.1 First fiscal year in the series	46.9 Employees (FTE) 2023: 46.9 ▼ 2.2 vs 2022 (49.1) Unchanged	45.6 Employees (FTE) 2024: 45.6 ▼ 1.3 vs 2023 (46.9) Unchanged	45.9 Employees (FTE) 2025: 45.9 ▲ 0.3 vs 2024 (45.6) Unchanged	▲ 0.3

Key figures of VANDEMOORTELE GHISLENGHIEN, 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 VANDEMOORTELE GHISLENGHIEN?

What happened at VANDEMOORTELE GHISLENGHIEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 Philippe Delsaut stepped down as director. NBB
2028 Yvon Guerin stepped down as director. NBB
2028 Pieter Frans Boone stepped down as director. NBB
Sep 4, 2026 Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
2025 Philippe Delsaut became a director. NBB
2025 Yvon Guerin became a director. NBB
2025 Pieter Frans Boone became a director. NBB
Nov 25, 1997 New establishment in Ath. KBO

In short

From € 141,120 profit in 2022 to € 244,630 profit in 2025.

Paid € 303,527 in corporate taxes since 2022.

Best year ever: 2024, with € 256,841 profit.

Paid out € 384,500 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

VAMIX NV 99.6%

VANDEMOORTELE NV 0.4%

VANDEMOORTELE GHISLENGHIEN

The shares are held by VAMIX NV (99.6%) and VANDEMOORTELE NV (0.4%).

Directors

According to the 2025 annual accounts

Philippe Delsaut

Director

Also active at: VANDEMOORTELE TRANSPORT SOLUTIONS, VANDEMOORTELE LIPIDS, VAMIX, VANDEMOORTELE SENEFFE, Vandemoortele Europe, VANDEMOORTELE EEKLO, VANDEMOORTELE IZEGEM, Grow Vandemoortele

since 2025 · until 2028

Yvon Guerin

Director

Also active at: VANDEMOORTELE TRANSPORT SOLUTIONS, VANDEMOORTELE LIPIDS, VAMIX, Vandemoortele, VANDEMOORTELE SENEFFE, VANDEMOORTELE EEKLO, VANDEMOORTELE IZEGEM, Grow Vandemoortele

since 2025 · until 2028

Pieter Frans Boone

Managing director

Also active at: VAMIX, VANDEMOORTELE SENEFFE, Vandemoortele Europe, VANDEMOORTELE EEKLO

since 2025 · until 2028

Shareholders

VAMIX NV

99.6%

VANDEMOORTELE NV

0.4%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Avenue des Artisans(GHI) 47

7822 Ath

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0431.285.754

VAT number

BE 0431.285.754

Registered office

Avenue des Artisans(GHI) 47, 7822 Ath

Names & denominations

VANDEMOORTELE GHISLENGHIEN

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

27 May 1987

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Industriële vervaardiging van brood en van vers banketbakkerswerk

Industriële bakkerijen

Vervaardiging van beschuit, biscuit en houdbaar banketbakkerswerk

View on CBE Public ↗ Annual accounts (NBB) ↗

VANDEMOORTELE GHISLENGHIEN

Warning lights

Financials

What happened to VANDEMOORTELE GHISLENGHIEN?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions