Financials
Financial year 2025
ARDECA from Anzegem, company number BE0436114671, closed financial year 2025 with a result of € 3.9 million after tax. For that financial year ARDECA recorded revenue of € 47.7 million and equity of € 13.7 million. Compared with financial year 2024, the result moved from € 3.6 million to € 3.9 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 January 15, 2026.
€ 13.7 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.9 million
▲ 10% vs 2024
Profit after tax over the fiscal year.
€ 70,473
▲ € 56,801 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.5 million paid out
63 % of the profit went to the shareholders, mostly to VDC-INVEST (100 % of the shares). That is where the money ends up.
People and assets in 2025
38.2
▼ 2.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.7 million
▼ 4% vs 2024
€ 70,700 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.
€ 1.3 million
▲ 103% vs 2024
Of which on lease € 1 million.
Debts at end 2025
€ 9.7 million
▼ 6% vs 2024
€ 1.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 4.3 million
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 41 days on average.
€ 811,343
▲ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 38,049,941 | € 49,455,034 | € 46,934,327 | € 47,729,330 | ▲ 2% |
| Profit after taxes | € 2,944,964 | € 3,364,078 | € 3,575,586 | € 3,947,719 | ▲ 10% |
| Equity | € 9,346,887 | € 10,710,965 | € 12,286,551 | € 13,734,270 | ▲ 12% |
| Total debts | € 23,457,341 | € 17,382,037 | € 17,351,832 | € 19,586,513 | ▲ 13% |
| Cash | € 25,282 | € 10,440 | € 13,672 | € 70,473 | ▲ € 56,801 |
| Land & buildings | € 7,557,885 | € 7,622,477 | € 8,215,462 | € 7,874,740 | ▼ 4% |
| Retained profit | € 9,253,927 | € 10,618,005 | € 12,193,591 | € 13,641,310 | ▲ 12% |
| Dividend | € 1,500,000 | € 2,000,000 | € 2,000,000 | € 2,500,000 | ▲ 25% |
| Bank debt | € 14,980,229 | € 10,884,462 | € 10,375,138 | € 9,707,383 | ▼ 6% |
| Balance sheet total | € 32,826,258 | € 28,106,760 | € 29,643,869 | € 33,320,783 | ▲ 12% |
| Employees (FTE) | 36.1 | 39.2 | 41.1 | 38.2 | ▼ 2.9 |
Key figures of ARDECA, 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 ARDECA?
What happened at ARDECA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- VDC OIL stepped down as director. NBB
- CASTELLE BV stepped down as director. NBB
- VDC INVEST NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3.9 million (▲ 10% vs 2024). Source: NBB ↗
- VDC OIL became a director. NBB
- CASTELLE BV became a director. NBB
- VDC INVEST NV became a director. NBB
- New establishment in Anzegem. KBO
In short
From € 2.9 million profit in 2022 to € 3.9 million profit in 2025.
Paid € 3.6 million in corporate taxes since 2022.
Best year ever: 2025, with € 3.9 million profit.
Paid out € 8 million in dividends to the owners in total.
Management
The stake of VDC-INVEST, VDC OIL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ARDECAThe shares are held by VDC-INVEST (100%) and VDC OIL (100%). It owns 100% of ZUMINOL GMBH itself.
Directors
According to the 2025 annual accounts
Managing director · represented by SOFIE VANDECASTEELE
Also active at: VDC-RETAIL, VDC OIL
since 2024 · until 2029
Director · represented by HEIN VANDECASTEELE
Also active at: LAMBERT PRODUCTS, VDC-RETAIL, Virovios Spar, YPRA-SPAR, COXY-SPAR
since 2024 · until 2029
since 2025 · until 2031
Shareholders
100%
100%
Participations
ZUMINOL GMBH
100%
Establishments
Establishment units
Physical locations of this company
Oudenaardestraat 49
8570 Anzegem
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0436.114.671
- VAT number
- BE 0436.114.671
- Registered office
- Oudenaardestraat 49, 8570 Anzegem
- Names & denominations
- ARDECA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 December 1988
- Peppol
- Active · Active since 14 Aug 2025
- Contact
- ardeca-lubricants.be
- Activities · NACE
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