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 54 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VANGROU from Ingelmunster, company number BE0454876847, closed financial year 2025 with a result of € 63,343 after tax. For that financial year VANGROU recorded a gross margin of € 354,769 and equity of € -13,513. Compared with financial year 2024, the result moved from € 69,290 to € 63,343. The company is profitable. 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 August 24, 2026.
€ -13,513
▲ € 1,343 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 63,343
▼ 9% vs 2024
Profit after tax over the fiscal year.
€ 84,026
▼ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 62,000 paid out
98 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
6.1
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 229,533
▲ 3% vs 2024
€ 37,600 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.
€ 15,837
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 63,334
▼ 31% vs 2024
€ 28,758 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 196,413
▲ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,898
▲ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 118,932 | € 160,201 | € 352,587 | € 354,769 | ▲ 1% |
| Profit after taxes | € -19,900 | € -14,194 | € 69,290 | € 63,343 | ▼ 9% |
| Equity | € -1,953 | € -16,147 | € -14,856 | € -13,513 | ▲ € 1,343 |
| Total debts | € 160,597 | € 322,947 | € 361,851 | € 336,771 | ▼ 7% |
| Cash | € 16,577 | € 7,966 | € 104,008 | € 84,026 | ▼ 19% |
| Retained profit | € -9,558 | € -23,752 | € -22,462 | € -21,118 | ▲ € 1,343 |
| Dividend | € 0 | € 0 | € 68,000 | € 62,000 | ▼ 9% |
| Bank debt | € 12,612 | € 104,229 | € 91,900 | € 63,334 | ▼ 31% |
| Balance sheet total | € 158,644 | € 306,801 | € 346,995 | € 323,258 | ▼ 7% |
| Employees (FTE) | - | - | 5.9 | 6.1 | ▲ 0.2 |
Key figures of VANGROU, 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 VANGROU?
What happened at VANGROU in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 63,343 (▼ 9% vs 2024). filed late Source: NBB ↗
- Veda NV became a director. NBB
- Franky Deltour became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,900 loss in 2022 to € 63,343 profit in 2025.
Paid € 34,209 in corporate taxes since 2022.
Best year ever: 2024, with € 69,290 profit.
On average € 58,200 of value added per employee in 2025.
Management
Behind VANGROU are Franky Deltour and Veda NV. Veda NV is also behind BEST, S.D.D., WILMAR, Marcan and UNICOL.
Establishments
Establishment units
Physical locations of this company
Nijverheidstraat 2
8770 Ingelmunster
Kortrijksestraat(Heu) 93 box A
8501 Kortrijk
Active since 21 June 1995
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →S.D.D. same network
€ 633,087 gross margin · 2025
Marcan same network
€ 1.1 million gross margin · 2025
Veda same network
€ 2 million gross margin · 2025
DE VLEESUNIE same network
€ 523,823 gross margin · 2025
CHRISTCO same network
€ 586,474 gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0454.876.847
- VAT number
- BE 0454.876.847
- Registered office
- Nijverheidstraat 2, 8770 Ingelmunster
- Names & denominations
- VANGROU
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 March 1995
- Peppol
- Active · Active since 30 Sept 2025
- Activities · NACE
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