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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
VANDES from Gent, company number BE0444859717, closed financial year 2025 with a result of € -4,681 after tax. For that financial year VANDES recorded a gross margin of € 8,471 and equity of € 161,003. Compared with financial year 2024, the result moved from € -8,673 to € -4,681. The company made a loss. 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 April 13, 2026.
€ 161,003
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,681
▲ 46 % less loss than in 2024
Profit after tax over the fiscal year.
€ 13,489
▲ € 11,474 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 99,003.
People and assets in 2025
€ 644
▲ € 581 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 270
Supplier invoices still open on the last day of the fiscal year.
€ 636
▲ 1% 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 | € 7,868 | € 6,852 | € 8,920 | € 8,471 | ▼ 5% |
| Profit after taxes | € -15,313 | € -15,046 | € -8,673 | € -4,681 | ▲ € 3,992 |
| Equity | € 189,403 | € 174,357 | € 165,684 | € 161,003 | ▼ 3% |
| Total debts | € 29,107 | € 27,298 | € 25,294 | € 36,225 | ▲ 43% |
| Cash | € 741 | € 809 | € 2,015 | € 13,489 | ▲ € 11,474 |
| Land & buildings | € 216,951 | € 200,557 | € 188,900 | € 183,096 | ▼ 3% |
| Retained profit | € 127,403 | € 112,357 | € 103,684 | € 99,003 | ▼ 5% |
| Bank debt | € 14,146 | € 5,297 | € 0 | € 0 | |
| Balance sheet total | € 218,510 | € 201,655 | € 190,978 | € 197,228 | ▲ 3% |
Key figures of VANDES, 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 VANDES?
What happened at VANDES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Erik Van Damme stepped down as director. NBB
- André De Smet stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 4,681. Source: NBB ↗
- Erik Van Damme became a director. NBB
- André De Smet became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,313 loss in 2022 to € 4,681 loss in 2025.
Paid € 1 in corporate taxes since 2022.
Management
Directors
According to the 2025 annual accounts
Erik Van Damme
Director
since 2023 · until 2029
André De Smet
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Eeklostraat 23 box 203
9030 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0444.859.717
- VAT number
- BE 0444.859.717
- Registered office
- Eeklostraat 23 bus 203, 9030 Gent
- Names & denominations
- VANDES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 June 1991
- Peppol
- Active · Active since 29 Jan 2026