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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VANDAVEE from Middelkerke, company number BE0451083850, closed financial year 2025 with a result of € 1,976 after tax. For that financial year VANDAVEE recorded a gross margin of € 20,632 and equity of € -186,600. Compared with financial year 2024, the result moved from € 1,793 to € 1,976. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 16, 2026.
€ -186,600
▲ € 1,976 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,976
▲ 10% vs 2024
Profit after tax over the fiscal year.
€ 4,378
▲ € 3,714 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 € -205,192.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 246
▼ 97% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 9,010
▼ 57% vs 2024
€ 5,798 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 81,174
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 948
▼ 48% 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 | € 25,728 | € 32,014 | € 23,647 | € 20,632 | ▼ 13% |
| Profit after taxes | € 1,209 | € 2,991 | € 1,793 | € 1,976 | ▲ 10% |
| Equity | € -193,360 | € -190,369 | € -188,576 | € -186,600 | ▲ € 1,976 |
| Total debts | € 472,533 | € 477,051 | € 406,975 | € 371,951 | ▼ 9% |
| Cash | € 6,713 | € 709 | € 664 | € 4,378 | ▲ € 3,714 |
| Land & buildings | € 54,706 | € 48,628 | € 42,550 | € 36,472 | ▼ 14% |
| Retained profit | € -211,952 | € -208,961 | € -207,168 | € -205,192 | ▲ € 1,976 |
| Bank debt | € 47,099 | € 32,441 | € 20,944 | € 9,010 | ▼ 57% |
| Balance sheet total | € 279,173 | € 286,681 | € 218,399 | € 185,351 | ▼ 15% |
Key figures of VANDAVEE, 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 April 2027.
What happened to VANDAVEE?
What happened at VANDAVEE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,976 (▲ 10% vs 2024). Source: NBB ↗
- New establishment in Middelkerke. KBO
- Eddy Vanhollebeke became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,209 profit in 2022 to € 1,976 profit in 2025.
Best year ever: 2023, with € 2,991 profit.
Management
Behind VANDAVEE is Eddy Vanhollebeke.
Directors
According to the 2025 annual accounts
Eddy Vanhollebeke
Director
since 1993
Establishments
Establishment units
Physical locations of this company
Brugsesteenweg 36
8433 Middelkerke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.083.850
- VAT number
- BE 0451.083.850
- Registered office
- Brugsesteenweg 36, 8433 Middelkerke
- Names & denominations
- VANDAVEE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 October 1993
- Peppol
- Active · Active since 18 Jun 2025
- Activities · NACE
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