Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Vandamme from Ledegem, company number BE0436170594, closed financial year 2025 with a result of € 124,518 after tax. For that financial year Vandamme recorded a gross margin of € 527,533 and equity of € 1 million. Compared with financial year 2024, the result moved from € 45,378 to € 124,518. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 10, 2026.
€ 1 million
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 124,518
▲ 174% vs 2024
Profit after tax over the fiscal year.
€ 53,930
▲ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 989,086.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 2,400
▼ 3% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 261,158
▲ 99% vs 2024
Of which on lease € 154,892.
Debts at end 2025
€ 3.4 million
▲ 54% vs 2024
€ 393,129 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 475,794
▲ € 389,724 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,181
▲ 155% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 341,114 | € 425,680 | € 361,466 | € 527,533 | ▲ 46% |
| Profit after taxes | € 46,778 | € 75,781 | € 45,378 | € 124,518 | ▲ 174% |
| Equity | € 789,610 | € 856,391 | € 901,769 | € 1,026,286 | ▲ 14% |
| Total debts | € 2,582,978 | € 2,593,687 | € 2,475,977 | € 3,884,936 | ▲ 57% |
| Cash | € 22,303 | € 30,222 | € 41,172 | € 53,930 | ▲ 31% |
| Land & buildings | € 2,759,577 | € 2,880,935 | € 2,836,681 | € 3,883,700 | ▲ 37% |
| Retained profit | € 752,410 | € 819,191 | € 864,569 | € 989,086 | ▲ 14% |
| Dividend | € 0 | € 9,000 | € 0 | € 0 | |
| Bank debt | € 2,389,354 | € 2,365,873 | € 2,200,206 | € 3,385,178 | ▲ 54% |
| Balance sheet total | € 3,372,588 | € 3,450,078 | € 3,377,746 | € 4,911,222 | ▲ 45% |
Key figures of Vandamme, 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 Vandamme?
What happened at Vandamme in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 124,518 (▲ 174% vs 2024). filed late Source: NBB ↗
- New establishment in Roeselare. KBO
- New establishment in Ledegem. KBO
- Philip Gabriël Vandamme became a director. NBB
- Catherine Simonne Deconinck became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 46,778 profit in 2022 to € 124,518 profit in 2025.
Paid € 94,024 in corporate taxes since 2022.
Best year ever: 2025, with € 124,518 profit.
Paid out € 9,000 in dividends to the owners in total.
Management
Behind Vandamme are Philip Gabriël Vandamme and Catherine Simonne Deconinck. Philip Gabriël Vandamme is also behind VANDAMME TRANSPORT.
Directors
According to the 2025 annual accounts
since 1988
Catherine Simonne Deconinck
Director
since 1988
Establishments
Establishment units
Physical locations of this company
Papestraat 57A
8880 Ledegem
Papestraat 57 A
8880 Ledegem
Active since 10 February 1989
Moorseelsesteenweg 149
8800 Roeselare
Active since 5 July 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0436.170.594
- VAT number
- BE 0436.170.594
- Registered office
- Papestraat 57A, 8880 Ledegem
- Names & denominations
- Vandamme
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 1988
- Peppol
- Active · Active since 28 Aug 2023
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en lease van vrachtwagens