What does VADIGRAN do?

VADIGRAN is a wholesaler in Lennik. Public Limited, started on 2 June 1987, 3 establishments.

What is the address of VADIGRAN?

The registered office of VADIGRAN is located at Alfred Algoetstraat 36, 1750 Lennik.

Is VADIGRAN still active?

Yes. According to the CBE (30 October 2026) VADIGRAN is active, legal situation “Normale toestand”, started on 2 June 1987.

Is VADIGRAN registered on Peppol?

Yes, VADIGRAN is registered on the Peppol network with ID 0208:0431312379.

What is the enterprise number of VADIGRAN?

The enterprise number of VADIGRAN is BE0431312379.

When was VADIGRAN founded?

VADIGRAN was founded on 2 June 1987.

Who are the directors of VADIGRAN?

According to the 2025 annual accounts, the directors of VADIGRAN are: Yana Van Lathem, Samuel Van Lathem, Marleen Van Diest, Antoon Van Lathem.

Is VADIGRAN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 June 1987; 4 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account; 3 establishments in the CBE.

How much profit did VADIGRAN make in 2025?

VADIGRAN recorded a loss after taxes of € 1,799,329 in financial year 2025.

What is the revenue of VADIGRAN?

In its most recent annual accounts (2025), VADIGRAN reported revenue of € 46,299,091.

How much does an employee at VADIGRAN earn?

The average wage cost per full-time employee at VADIGRAN was € 155,700 in 2025: staff costs of € 3.6 million for 23 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does VADIGRAN have?

According to the 2025 annual accounts, VADIGRAN has 23 full-time equivalents (FTE).

VADIGRAN (Public Limited) - Lennik - BE0431312379

Dossier VADIGRAN, printed on 30 October 2026 from databakkes.be/en/0431312379/vadigran. 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.

Tight liquidity NBB

Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 41.6 to 23.

Financials

Financial year 2025

VADIGRAN from Lennik, company number BE0431312379, closed financial year 2025 with a result of € -1.8 million after tax. For that financial year VADIGRAN recorded revenue of € 46.3 million and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 22,677 to € -1.8 million. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 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.

Loss Caution

€ -1.8 million

▼ still € 22,677 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 595,875

▲ 19% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -52,063.

People and assets in 2025

Full-time equivalents

▼ 10.2 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: € 12.9 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 3.6 million

▲ 23% vs 2024

€ 155,700 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

€ 204,836

▼ 8% vs 2024

Of which on lease € 143,838.

Debts at end 2025

Bank debt ≈ 8 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.

€ 3.8 million

▼ 56% vs 2024

€ 259,030 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 3.6 million

▼ 42% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 29 days on average.

Taxes and wages

€ 283,093

▼ 62% 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	-	€ 33,084,022 Revenue 2023: € 33,084,022 First fiscal year in the series	€ 34,678,261 Revenue 2024: € 34,678,261 ▲ 5% vs 2023 (€ 33,084,022) Favourable step	€ 46,299,091 Revenue 2025: € 46,299,091 ▲ 34% vs 2024 (€ 34,678,261) Favourable step	▲ 34%
Gross margin	€ 3,742,951 Gross margin 2022: € 3,742,951 First fiscal year in the series	-	-	-
Profit after taxes	€ -407,976 Profit after taxes 2022: € -407,976 First fiscal year in the series	€ 136,967 Profit after taxes 2023: € 136,967 ▲ € 544,944 vs 2022 (€ -407,976) Favourable step	€ 22,677 Profit after taxes 2024: € 22,677 ▼ 83% vs 2023 (€ 136,967) Unfavourable step	€ -1,799,329 Profit after taxes 2025: € -1,799,329 ▼ € 1.8 million vs 2024 (€ 22,677) Unfavourable step	▼ € 1.8 million
Equity	€ 1,702,621 Equity 2022: € 1,702,621 First fiscal year in the series	€ 1,839,589 Equity 2023: € 1,839,589 ▲ 8% vs 2022 (€ 1,702,621) Favourable step	€ 1,862,266 Equity 2024: € 1,862,266 ▲ 1% vs 2023 (€ 1,839,589) Favourable step	€ 1,862,937 Equity 2025: € 1,862,937 Unchanged (€ 1,862,266) Favourable step
Total debts	€ 14,840,903 Total debts 2022: € 14,840,903 First fiscal year in the series	€ 14,670,267 Total debts 2023: € 14,670,267 ▼ 1% vs 2022 (€ 14,840,903) Favourable step	€ 16,215,165 Total debts 2024: € 16,215,165 ▲ 11% vs 2023 (€ 14,670,267) Unfavourable step	€ 9,698,547 Total debts 2025: € 9,698,547 ▼ 40% vs 2024 (€ 16,215,165) Favourable step	▼ 40%
Cash	€ 72,874 Cash 2022: € 72,874 First fiscal year in the series	€ 65,470 Cash 2023: € 65,470 ▼ 10% vs 2022 (€ 72,874) Unfavourable step	€ 502,801 Cash 2024: € 502,801 ▲ € 437,332 vs 2023 (€ 65,470) Favourable step	€ 595,875 Cash 2025: € 595,875 ▲ 19% vs 2024 (€ 502,801) Favourable step	▲ 19%
Land & buildings	€ 21,193 Land & buildings 2022: € 21,193 First fiscal year in the series	€ 15,586 Land & buildings 2023: € 15,586 ▼ 26% vs 2022 (€ 21,193) Unchanged	€ 10,374 Land & buildings 2024: € 10,374 ▼ 33% vs 2023 (€ 15,586) Unchanged	€ 6,662 Land & buildings 2025: € 6,662 ▼ 36% vs 2024 (€ 10,374) Unchanged	▼ 36%
Retained profit	€ 1,587,621 Retained profit 2022: € 1,587,621 First fiscal year in the series	€ 1,724,589 Retained profit 2023: € 1,724,589 ▲ 9% vs 2022 (€ 1,587,621) Favourable step	€ 1,747,266 Retained profit 2024: € 1,747,266 ▲ 1% vs 2023 (€ 1,724,589) Favourable step	€ -52,063 Retained profit 2025: € -52,063 ▼ € 1.8 million vs 2024 (€ 1,747,266) Unfavourable step	▼ € 1.8 million
Bank debt	€ 9,529,322 Bank debt 2022: € 9,529,322 First fiscal year in the series	€ 9,262,518 Bank debt 2023: € 9,262,518 ▼ 3% vs 2022 (€ 9,529,322) Favourable step	€ 8,655,201 Bank debt 2024: € 8,655,201 ▼ 7% vs 2023 (€ 9,262,518) Favourable step	€ 3,770,147 Bank debt 2025: € 3,770,147 ▼ 56% vs 2024 (€ 8,655,201) Favourable step	▼ 56%
Balance sheet total	€ 16,543,524 Balance sheet total 2022: € 16,543,524 First fiscal year in the series	€ 16,509,855 Balance sheet total 2023: € 16,509,855 Unchanged (€ 16,543,524) Unchanged	€ 18,077,430 Balance sheet total 2024: € 18,077,430 ▲ 9% vs 2023 (€ 16,509,855) Unchanged	€ 11,561,484 Balance sheet total 2025: € 11,561,484 ▼ 36% vs 2024 (€ 18,077,430) Unchanged	▼ 36%
Employees (FTE)	40.3 Employees (FTE) 2022: 40.3 First fiscal year in the series	41.6 Employees (FTE) 2023: 41.6 ▲ 1.3 vs 2022 (40.3) Unchanged	33.2 Employees (FTE) 2024: 33.2 ▼ 8.4 vs 2023 (41.6) Unchanged	23 Employees (FTE) 2025: 23 ▼ 10.2 vs 2024 (33.2) Unchanged	▼ 10.2

Key figures of VADIGRAN, 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 VADIGRAN?

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

Jul 23, 2026 New annual accounts for financial year 2025: loss of € 1.8 million (▼ € 1.8 million vs 2024). Source: NBB ↗
2026 Yana Van Lathem became a director. NBB
2026 Samuel Van Lathem became a director. NBB
2026 Marleen Van Diest stepped down as director. NBB
2026 Antoon Van Lathem stepped down as director. NBB
Jun 23, 2021 New establishment in Lennik. KBO
Aug 20, 2004 New establishment in Ath. KBO
Jul 26, 1988 New establishment in Lennik. KBO

In short

From € 407,976 loss in 2022 to € 1.8 million loss in 2025.

Paid € 14,297 in corporate taxes since 2022.

Best year ever: 2023, with € 136,967 profit.

On average € 92,900 of value added per employee in 2022.

Original PDFs at the National Bank ↗

Management

VALADIS 100%

The stake of VALADIS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

VADIGRAN

Vadigran France 100%

Behind VADIGRAN are Yana Van Lathem and Samuel Van Lathem. The shares are held by VALADIS (100%). It owns 100% of Vadigran France itself.

Directors

According to the 2025 annual accounts

Yana Van Lathem

Director

Also active at: VALADIS, FANTAIL, VADIPRO

since 2026

Samuel Van Lathem

Director

Also active at: VALADIS, MUEL MANAGEMENT, FANTAIL, VADIPRO

since 2026

Marleen Van Diest

Managing director

Also active at: Van Diest – De Dobbeleer, VALADIS, VADIPRO

· until 2026

Antoon Van Lathem

Managing director

Also active at: VALADIS, VADIPRO

· until 2026

Shareholders

VALADIS

100%

Participations

Vadigran France

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Alfred Algoetstraat 36

1750 Lennik

2.233.255.051

Chemin Preuscamp(M.E) 20 Bis

7822 Ath

Active since 20 August 2004

2.318.512.410

Vondelstraat 32

1750 Lennik

Active since 23 June 2021

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 →

FANTAIL same network

€ 53,239 gross margin · 2025

VADIPRO same network

€ 1.2 million gross margin · 2025

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

Details

Company number

0431.312.379

VAT number

BE 0431.312.379

Registered office

Alfred Algoetstraat 36, 1750 Lennik

Names & denominations

VADIGRAN

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

2 June 1987

Peppol

Active · Active since 14 May 2025

Activities · NACE

Groothandel in voedsel voor huisdieren

Groothandel in diervoeders met uitzondering van veevoeders

Groothandel in granen, zaden en diervoeders

Groothandel in akkerbouwproducten en veevoeders, algemeen assortiment

View on CBE Public ↗ Annual accounts (NBB) ↗

VADIGRAN

Warning lights

Financials

What happened to VADIGRAN?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions