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.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
LANDBOUWWERKEN VANDEMAELE from Lendelede, company number BE0450943892, closed financial year 2025 with a result of € -122,556 after tax. For that financial year LANDBOUWWERKEN VANDEMAELE recorded a gross margin of € 1.2 million and equity of € 2.5 million. Compared with financial year 2024, the result moved from € -13,738 to € -122,556. 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 September 22, 2025.
€ 2.5 million
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -122,556
▼ 792 % more loss than in 2024
Profit after tax over the fiscal year.
€ 485,810
▼ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.7 million.
People and assets in 2025
6.3
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 398,748
▲ 13% vs 2024
€ 63,300 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.
€ 15,565
▼ 46% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 929,090
▲ 125% vs 2024
€ 427,526 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 77,497
▲ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 40,602
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,519,013 | € 1,227,944 | € 1,111,308 | € 1,242,433 | ▲ 12% |
| Profit after taxes | € 576,516 | € 231,258 | € -13,738 | € -122,556 | ▼ € 108,818 |
| Equity | € 2,624,498 | € 2,855,756 | € 2,842,018 | € 2,547,222 | ▼ 10% |
| Total debts | € 885,237 | € 997,295 | € 802,977 | € 1,219,625 | ▲ 52% |
| Cash | € 1,059,568 | € 732,128 | € 559,844 | € 485,810 | ▼ 13% |
| Land & buildings | € 152,487 | € 142,673 | € 127,583 | € 143,301 | ▲ 12% |
| Retained profit | € 1,730,998 | € 1,962,256 | € 1,948,518 | € 1,653,722 | ▼ 15% |
| Dividend | € 0 | € 0 | € 0 | € 172,241 | |
| Bank debt | € 753,467 | € 730,886 | € 413,059 | € 929,090 | ▲ 125% |
| Balance sheet total | € 3,509,734 | € 3,853,051 | € 3,644,995 | € 3,766,847 | ▲ 3% |
| Employees (FTE) | 4.5 | 5.8 | 5.9 | 6.3 | ▲ 0.4 |
Key figures of LANDBOUWWERKEN VANDEMAELE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 28 September 2026.
What happened to LANDBOUWWERKEN VANDEMAELE?
What happened at LANDBOUWWERKEN VANDEMAELE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Johan Vanhollebeke stepped down as director. NBB
- Dries Vandemaele stepped down as director. NBB
- Alguma BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 122,556. Source: NBB ↗
- Johan Vanhollebeke became a director. NBB
- Dries Vandemaele became a director. NBB
- Alguma BV became a director. NBB
- New establishment in Lendelede. KBO
In short
From € 576,516 profit in 2022 to € 122,556 loss in 2025.
Paid € 77,687 in corporate taxes since 2022.
Best year ever: 2022, with € 576,516 profit.
On average € 197,200 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Dries Vandemaele and Evelien Vandemaele. It owns 50% of Hovan Agro itself.
Directors
According to the 2025 annual accounts
since 2022 · until 2028
since 2025 · until 2031
Managing director · represented by Evelien Vandemaele
since 2022 · until 2028
Shareholders
Dries Vandemaele · director
Evelien Vandemaele
Participations
50%
Establishments
Establishment units
Physical locations of this company
Beiaardstraat 6
8860 Lendelede
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0450.943.892
- VAT number
- BE 0450.943.892
- Registered office
- Beiaardstraat 6, 8860 Lendelede
- Names & denominations
- LANDBOUWWERKEN VANDEMAELE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 September 1993
- Peppol
- Active · Active since 26 Aug 2025
- Contact
- [email protected] 051/30.45.94
- Activities · NACE
Ondersteunende activiteiten in verband met de teelt van gewassen
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken
Bouwrijp maken van terreinen
Goederenvervoer over de weg