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 6 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
VANDEMA from Gent, company number BE0442874185, closed financial year 2026 with a result of € 620,476 after tax. Compared with financial year 2025, the result moved from € 30.8 million to € 620,476. 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 June 29, 2026.
€ 100.8 million
▼ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 620,476
▼ 98% vs 2025
Profit after tax over the fiscal year.
€ 30,251
▼ 36% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 2 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 4,470
▲ 3% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 299,398
▲ 171% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Profit after taxes | € 19,577,722 | € 9,567,690 | € 30,783,931 | € 620,476 | ▼ 98% |
| Equity | € 61,814,460 | € 71,382,149 | € 102,166,081 | € 100,784,556 | ▼ 1% |
| Total debts | € 6,019,670 | € 43,009 | € 130,987 | € 2,027,531 | ▲ € 1.9 million |
| Cash | € 128,848 | € 84,109 | € 47,240 | € 30,251 | ▼ 36% |
| Retained profit | € 61,752,460 | € 71,320,149 | € 102,104,081 | € 100,722,556 | ▼ 1% |
| Dividend | € 6,001,072 | € 0 | € 0 | € 2,002,000 | |
| Balance sheet total | € 67,834,129 | € 71,425,158 | € 102,297,067 | € 102,812,088 | ▲ 1% |
Key figures of VANDEMA, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 28 September 2027.
What happened to VANDEMA?
What happened at VANDEMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Karel VANDERMEERSCH stepped down as director. NBB
- Xavier VAN DEN AVENNE stepped down as director. NBB
- Filip VANDEN AVENNE stepped down as director. NBB
- Harold VANDEN AVENNE stepped down as director. NBB
- Arthur VANDEN AVENNE stepped down as director. NBB
- Thomas VANDEN AVENNE stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 620,476 (▼ 98% vs 2025). Source: NBB ↗
- Karel VANDERMEERSCH became a director. NBB
In short
From € 19.6 million profit in 2023 to € 620,476 profit in 2026.
Paid € 528,631 in corporate taxes since 2023.
Best year ever: 2025, with € 30.8 million profit.
Paid out € 8 million in dividends to the owners in total.
Management
The stake of GROEP VANDEN AVENNE COMMODITIES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VANDEMAThe shares are held by GROEP VANDEN AVENNE COMMODITIES (51%). It owns 100% of CARBON GREEN LOGISTICS, 80% of EURO-SILO, 20% of ALCO AFRICA HOLDING and 20% of ALCO ENERGY itself.
Directors
According to the 2026 annual accounts
Karel VANDERMEERSCH
Director
Also active at: VANDEN AVENNE COMMODITIES, Euro-Silo, Trading Flanders Company, OPHIR, Karman, Brouwcompagnie Rolling Hills, ALCO AFRICA HOLDING, Refuge Kapelleberg +1 more
since 2024 · until 2028
Xavier VAN DEN AVENNE
Chairman of the board
Also active at: VANDEN AVENNE COMMODITIES, Euro-Silo, Trading Flanders Company, Adviesbureau voor Bedrijfsbeheer, XIMA, Alco Energy, ALCO AFRICA HOLDING, Carbon Green Logistics +4 more
since 2024 · until 2028
since 2024 · until 2028
Harold VANDEN AVENNE
Director
Also active at: Beheer Deroo, CALIBRA, ERARD, HALLO, Carbon Green Logistics, Jardin Beyaert, JOANNE VANDEN AVENNE
since 2024 · until 2028
Arthur VANDEN AVENNE
Director
since 2024 · until 2028
since 2024 · until 2028
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
John Kennedylaan 19
9000 Gent
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.
Details
- Company number
- 0442.874.185
- VAT number
- BE 0442.874.185
- Registered office
- John Kennedylaan 19, 9000 Gent
- Names & denominations
- VANDEMA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 December 1990
- Peppol
- Active · Active since 26 Sept 2025