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 22 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VANMECHELEN-KELLENS from Izegem, company number BE0440174914, closed financial year 2025 with a result of € 32,827 after tax. For that financial year VANMECHELEN-KELLENS recorded a gross margin of € 141,383 and equity of € 141,595. Compared with financial year 2024, the result moved from € 13,151 to € 32,827. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
€ 141,595
▲ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,827
▲ 150% vs 2024
Profit after tax over the fiscal year.
€ 77,506
▲ 253% 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 € 123,003.
Debts at end 2025
€ 417,863
▼ 5% vs 2024
€ 23,780 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 22,193
▼ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,058
▼ 45% 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 | € 27,684 | € 165,151 | € 112,583 | € 141,383 | ▲ 26% |
| Profit after taxes | € -2,297 | € 65,791 | € 13,151 | € 32,827 | ▲ 150% |
| Equity | € 29,826 | € 95,617 | € 108,768 | € 141,595 | ▲ 30% |
| Total debts | € 250,592 | € 402,713 | € 713,092 | € 815,712 | ▲ 14% |
| Cash | € 24,485 | € 1,437 | € 21,945 | € 77,506 | ▲ 253% |
| Land & buildings | € 245,074 | € 485,447 | € 734,365 | € 865,440 | ▲ 18% |
| Retained profit | € 9,375 | € 75,166 | € 88,317 | € 123,003 | ▲ 39% |
| Bank debt | € 48,000 | € 261,974 | € 440,732 | € 417,863 | ▼ 5% |
| Balance sheet total | € 280,419 | € 498,330 | € 821,860 | € 957,307 | ▲ 16% |
Key figures of VANMECHELEN-KELLENS, 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 VANMECHELEN-KELLENS?
What happened at VANMECHELEN-KELLENS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 32,827 (▲ 150% vs 2024). Source: NBB ↗
- SVEN VANMECHELEN became a director. NBB
- Leen Kellens became a director. NBB
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,297 loss in 2022 to € 32,827 profit in 2025.
Paid € 39,765 in corporate taxes since 2022.
Best year ever: 2023, with € 65,791 profit.
Management
Behind VANMECHELEN-KELLENS are SVEN VANMECHELEN and Leen Kellens. SVEN VANMECHELEN is also behind MatrixDecor Support. Leen Kellens is also behind MATRIXDECOR.
Directors
According to the 2025 annual accounts
since 2022
since 2022
Establishments
Establishment units
Physical locations of this company
Haaipanderstraat 97
8870 Izegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.174.914
- VAT number
- BE 0440.174.914
- Registered office
- Haaipanderstraat 97, 8870 Izegem
- Names & denominations
- VANMECHELEN-KELLENS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 March 1990
- Peppol
- Active · Active since 5 Dec 2025
- Activities · NACE
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