Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
F. VANDENBULCKE from Kortrijk, company number BE0454438961, closed financial year 2026 with a result of € 16,056 after tax. For that financial year F. VANDENBULCKE recorded a gross margin of € 368,113 and equity of € 563,579. Compared with financial year 2025, the result moved from € -101,952 to € 16,056. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 15, 2026.
€ 563,579
▼ 11% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,056
▲ still € 101,952 loss in 2025
Profit after tax over the fiscal year.
€ 15,732
▲ 44% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 83,426 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
3
Average over the fiscal year, from the social balance sheet.
€ 183,812
▼ 5% vs 2025
€ 61,300 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.
€ 18,856
▼ 20% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 1.2 million
▼ 2% vs 2025
€ 143,644 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 296,546
▼ 51% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 45,732
▲ 6% vs 2025
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 319,089 | € 371,863 | € 248,120 | € 368,113 | ▲ 48% |
| Profit after taxes | € 21,971 | € 56,165 | € -101,952 | € 16,056 | ▲ € 118,008 |
| Equity | € 688,774 | € 732,901 | € 630,949 | € 563,579 | ▼ 11% |
| Total debts | € 1,303,778 | € 2,180,875 | € 2,355,747 | € 2,125,716 | ▼ 10% |
| Cash | € 108,460 | € 23,421 | € 10,949 | € 15,732 | ▲ 44% |
| Land & buildings | € 777,846 | € 767,527 | € 1,493,141 | € 1,416,583 | ▼ 5% |
| Retained profit | € 657,774 | € 701,901 | € 599,949 | € 532,579 | ▼ 11% |
| Dividend | € 0 | € 0 | € 0 | € 83,426 | |
| Bank debt | € 664,783 | € 711,560 | € 1,195,809 | € 1,174,194 | ▼ 2% |
| Balance sheet total | € 2,087,916 | € 3,003,120 | € 3,070,187 | € 2,766,933 | ▼ 10% |
| Employees (FTE) | 3.7 | 3.2 | 3 | 3 |
Key figures of F. VANDENBULCKE, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to F. VANDENBULCKE?
What happened at F. VANDENBULCKE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 16,056. Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,971 profit in 2023 to € 16,056 profit in 2026.
Paid € 36,622 in corporate taxes since 2023.
Best year ever: 2024, with € 56,165 profit.
On average € 122,700 of value added per employee in 2026.
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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
Behind F. VANDENBULCKE is Frank Vandenbulcke. Frank Vandenbulcke is also behind F.K.G. and AGRI SAMAIN.
Directors
According to the 2026 annual accounts
Establishments
Establishment units
Physical locations of this company
Doornikserijksweg(Bel) 90
8510 Kortrijk
Doornikserijksweg(Koo) 90
8510 Kortrijk
Active since 16 February 1995
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0454.438.961
- VAT number
- BE 0454.438.961
- Registered office
- Doornikserijksweg(Bel) 90, 8510 Kortrijk
- Names & denominations
- F. VANDENBULCKE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 February 1995
- Peppol
- Active · Active since 17 Jul 2025
- Contact
- frankvandenbulcke.be
- Activities · NACE
Groothandel in machines, werktuigen en toebehoren voor de landbouw
Ondersteunende activiteiten in verband met de teelt van gewassen
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken
Reparatie en onderhoud van consumentenartikelen, neg
Verhuur en lease van landbouwmachines en -werktuigen
Overige reparaties, n.e.g.
Verhuur van landbouwmachines en -werktuigen
Groothandel in machines, tractoren, werktuigen en toebehoren voor de landbouw