What does DEPOORTERE do?

DEPOORTERE is a machinery manufacturer in Waregem. Public Limited, started on 11 June 1987, 4 establishments.

What is the address of DEPOORTERE?

The registered office of DEPOORTERE is located at Kortrijkseweg 105, 8791 Waregem.

Is DEPOORTERE still active?

Yes. According to the CBE (29 October 2026) DEPOORTERE is active, legal situation “Normale toestand”, started on 11 June 1987.

Is DEPOORTERE registered on Peppol?

Yes, DEPOORTERE is registered on the Peppol network with ID 0208:0431339402.

What is the enterprise number of DEPOORTERE?

The enterprise number of DEPOORTERE is BE0431339402.

When was DEPOORTERE founded?

DEPOORTERE was founded on 11 June 1987.

Who are the directors of DEPOORTERE?

According to the 2025 annual accounts, the directors of DEPOORTERE are: Agri Alliance, Creopz BV, Artheles BV, Vlastgoed BV, Depoortere Engineering BV.

Is DEPOORTERE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 11 June 1987; 4 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account; 4 establishments in the CBE.

How much profit did DEPOORTERE make in 2025?

DEPOORTERE posted a profit after taxes of € 5,031,791 in financial year 2025.

What is the revenue of DEPOORTERE?

In its most recent annual accounts (2025), DEPOORTERE reported revenue of € 57,130,696.

How much does an employee at DEPOORTERE earn?

The average wage cost per full-time employee at DEPOORTERE was € 79,200 in 2025: staff costs of € 7.1 million for 89.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does DEPOORTERE have?

According to the 2025 annual accounts, DEPOORTERE has 89.4 full-time equivalents (FTE).

DEPOORTERE (Public Limited) - Waregem - BE0431339402

Dossier DEPOORTERE, printed on 29 October 2026 from databakkes.be/en/0431339402/depoortere. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

DEPOORTERE from Waregem, company number BE0431339402, closed financial year 2025 with a result of € 5 million after tax. For that financial year DEPOORTERE recorded revenue of € 57.1 million and equity of € 20 million. Compared with financial year 2024, the result moved from € 5.8 million to € 5 million. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 26, 2026.

What it is worth Healthy

€ 20 million

▼ 23% vs 2024

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

Profit Healthy

€ 5 million

▼ 14% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2 million

▼ 46% vs 2024

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

Where the profit goes Pays out

€ 11 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

89.4

▲ 9 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: € 10.4 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 7.1 million

▲ 21% vs 2024

€ 79,200 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

€ 182,531

▲ 3% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 1.3 million

▲ 6% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 9.3 million

▼ 8% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 78 days on average.

Taxes and wages

€ 1.3 million

▲ 56% 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	€ 29,976,547 Revenue 2022: € 29,976,547 First fiscal year in the series	€ 40,609,477 Revenue 2023: € 40,609,477 ▲ 35% vs 2022 (€ 29,976,547) Favourable step	€ 47,312,595 Revenue 2024: € 47,312,595 ▲ 17% vs 2023 (€ 40,609,477) Favourable step	€ 57,130,696 Revenue 2025: € 57,130,696 ▲ 21% vs 2024 (€ 47,312,595) Favourable step	▲ 21%
Profit after taxes	€ 2,521,592 Profit after taxes 2022: € 2,521,592 First fiscal year in the series	€ 6,018,986 Profit after taxes 2023: € 6,018,986 ▲ 139% vs 2022 (€ 2,521,592) Favourable step	€ 5,849,407 Profit after taxes 2024: € 5,849,407 ▼ 3% vs 2023 (€ 6,018,986) Unfavourable step	€ 5,031,791 Profit after taxes 2025: € 5,031,791 ▼ 14% vs 2024 (€ 5,849,407) Unfavourable step	▼ 14%
Equity	€ 14,161,866 Equity 2022: € 14,161,866 First fiscal year in the series	€ 16,080,852 Equity 2023: € 16,080,852 ▲ 14% vs 2022 (€ 14,161,866) Favourable step	€ 25,961,062 Equity 2024: € 25,961,062 ▲ 61% vs 2023 (€ 16,080,852) Favourable step	€ 19,992,853 Equity 2025: € 19,992,853 ▼ 23% vs 2024 (€ 25,961,062) Unfavourable step	▼ 23%
Total debts	€ 21,739,409 Total debts 2022: € 21,739,409 First fiscal year in the series	€ 30,141,563 Total debts 2023: € 30,141,563 ▲ 39% vs 2022 (€ 21,739,409) Unfavourable step	€ 31,633,140 Total debts 2024: € 31,633,140 ▲ 5% vs 2023 (€ 30,141,563) Unfavourable step	€ 34,733,127 Total debts 2025: € 34,733,127 ▲ 10% vs 2024 (€ 31,633,140) Unfavourable step	▲ 10%
Cash	€ 10,306,667 Cash 2022: € 10,306,667 First fiscal year in the series	€ 3,244,007 Cash 2023: € 3,244,007 ▼ 69% vs 2022 (€ 10,306,667) Unfavourable step	€ 3,778,934 Cash 2024: € 3,778,934 ▲ 16% vs 2023 (€ 3,244,007) Favourable step	€ 2,033,020 Cash 2025: € 2,033,020 ▼ 46% vs 2024 (€ 3,778,934) Unfavourable step	▼ 46%
Land & buildings	€ 933,892 Land & buildings 2022: € 933,892 First fiscal year in the series	€ 780,306 Land & buildings 2023: € 780,306 ▼ 16% vs 2022 (€ 933,892) Unchanged	€ 662,875 Land & buildings 2024: € 662,875 ▼ 15% vs 2023 (€ 780,306) Unchanged	€ 880,507 Land & buildings 2025: € 880,507 ▲ 33% vs 2024 (€ 662,875) Unchanged	▲ 33%
Retained profit	€ 13,375,866 Retained profit 2022: € 13,375,866 First fiscal year in the series	€ 15,294,852 Retained profit 2023: € 15,294,852 ▲ 14% vs 2022 (€ 13,375,866) Favourable step	€ 21,144,259 Retained profit 2024: € 21,144,259 ▲ 38% vs 2023 (€ 15,294,852) Favourable step	€ 15,176,050 Retained profit 2025: € 15,176,050 ▼ 28% vs 2024 (€ 21,144,259) Unfavourable step	▼ 28%
Dividend	€ 1,600,000 Dividend 2022: € 1,600,000 First fiscal year in the series	€ 4,100,000 Dividend 2023: € 4,100,000 ▲ 156% vs 2022 (€ 1,600,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 4,100,000) Unchanged	€ 11,000,000 Dividend 2025: € 11,000,000 Unchanged (€ 0) Unchanged
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 1,250,000 Bank debt 2024: € 1,250,000 Unchanged (€ 0) Unfavourable step	€ 1,321,117 Bank debt 2025: € 1,321,117 ▲ 6% vs 2024 (€ 1,250,000) Unfavourable step	▲ 6%
Balance sheet total	€ 36,207,292 Balance sheet total 2022: € 36,207,292 First fiscal year in the series	€ 46,525,844 Balance sheet total 2023: € 46,525,844 ▲ 28% vs 2022 (€ 36,207,292) Unchanged	€ 57,894,730 Balance sheet total 2024: € 57,894,730 ▲ 24% vs 2023 (€ 46,525,844) Unchanged	€ 55,023,823 Balance sheet total 2025: € 55,023,823 ▼ 5% vs 2024 (€ 57,894,730) Unchanged	▼ 5%
Employees (FTE)	59 Employees (FTE) 2022: 59 First fiscal year in the series	70 Employees (FTE) 2023: 70 ▲ 11 vs 2022 (59) Unchanged	80.4 Employees (FTE) 2024: 80.4 ▲ 10.4 vs 2023 (70) Unchanged	89.4 Employees (FTE) 2025: 89.4 ▲ 9 vs 2024 (80.4) Unchanged	▲ 9

Key figures of DEPOORTERE, 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 March 2027.

What happened to DEPOORTERE?

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

2031 Creopz BV stepped down as director. NBB
2031 Artheles BV stepped down as director. NBB
2031 Vlastgoed BV stepped down as director. NBB
2031 Depoortere Engineering BV stepped down as director. NBB
Sep 10, 2026 New establishment in Harelbeke. KBO
Mar 26, 2026 New annual accounts for financial year 2025: profit of € 5 million (▼ 14% vs 2024). Source: NBB ↗
2025 Agri Alliance stepped down as director. NBB
2025 Vlastgoed BV became a director. NBB

In short

From € 2.5 million profit in 2022 to € 5 million profit in 2025.

Paid € 5.9 million in corporate taxes since 2022.

Best year ever: 2023, with € 6 million profit.

Paid out € 16.7 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Agri Alliance 100%

VLASTGOED 76.8%

M.M.G. 23.2%

The stake of Agri Alliance, VLASTGOED, M.M.G. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

DEPOORTERE

The shares are held by Agri Alliance (100%), VLASTGOED (76.8%) and M.M.G. (23.2%).

Directors

According to the 2025 annual accounts

Agri Alliance

Director · represented by Marc De Backer

since 2024 · until 2025

Creopz BV

Director · represented by Nico Wolfcarius

since 2024 · until 2031

Artheles BV

Director · represented by Claude Lesage

since 2024 · until 2031

Vlastgoed BV

Director · represented by Yves Thiers

Also active at: Vlamalin, M.M.G.

since 2025 · until 2031

Depoortere Engineering BV

Managing director · represented by Rik Depoortere

Also active at: VLASTGOED, Agri Alliance

since 2024 · until 2031

Shareholders

Agri Alliance

100%

VLASTGOED

76.8%

M.M.G.

23.2%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Kortrijkseweg 105

8791 Waregem

2.362.780.636

Deinsesteenweg 10

8700 Tielt

Active since 18 July 2024

2.367.442.871

Nijverheidstraat 134

8791 Waregem

Active since 6 January 2025

2.395.199.224

Kuurnsestraat 20-22

8531 Harelbeke

Active since 10 September 2026

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.

All companies at this address →

Vlamalin same network

€ 244,196 revenue · 2025

M.M.G. same network

€ 645,884 gross margin · 2025

VLASTGOED same network

€ 564,285 revenue · 2025

DVVM GROEP

DEPOORTERE INDUSTRIES

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

Details

Company number

0431.339.402

VAT number

BE 0431.339.402

Registered office

Kortrijkseweg 105, 8791 Waregem

Names & denominations

DEPOORTERE

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

11 June 1987

Peppol

Active · Active since 11 Dec 2025

Activities · NACE

Vervaardiging van machines voor de landbouw en de bosbouw

Vervaardiging van overige machines voor de landbouw en de bosbouw

Vervaardiging van carrosserieën voor motorvoertuigen

Groothandel in machines, werktuigen en toebehoren voor de landbouw

View on CBE Public ↗ Annual accounts (NBB) ↗

DEPOORTERE

Financials

What happened to DEPOORTERE?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions