Financials
Financial year 2025
VENDECO from Oostende, company number BE0457510693, closed financial year 2025 with a result of € 55,438 after tax. For that financial year VENDECO recorded a gross margin of € 92,738 and equity of € 392,524. Compared with financial year 2024, the result moved from € 46,707 to € 55,438. Profitable, and profit is growing. 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 July 31, 2026.
€ 392,524
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 55,438
▲ 19% vs 2024
Profit after tax over the fiscal year.
€ 98,812
▼ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 65,920 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 15,683
▲ € 14,333 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2,003
Loans from banks and other lenders, long and short.
€ 6,623
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,863
▲ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 79,734 | € 65,009 | € 75,533 | € 92,738 | ▲ 23% |
| Profit after taxes | € 47,937 | € -16,585 | € 46,707 | € 55,438 | ▲ 19% |
| Equity | € 447,485 | € 430,900 | € 403,007 | € 392,524 | ▼ 3% |
| Total debts | € 31,969 | € 20,425 | € 40,728 | € 46,879 | ▲ 15% |
| Cash | € 131,407 | € 108,748 | € 140,963 | € 98,812 | ▼ 30% |
| Land & buildings | - | - | € 71,448 | € 62,188 | ▼ 13% |
| Retained profit | € 301,085 | € 284,500 | € 256,607 | € 246,124 | ▼ 4% |
| Dividend | € 1,600 | € 0 | € 74,601 | € 65,920 | ▼ 12% |
| Bank debt | € 0 | € 0 | € 0 | € 2,003 | |
| Balance sheet total | € 479,453 | € 451,325 | € 443,735 | € 439,404 | ▼ 1% |
Key figures of VENDECO, 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 VENDECO?
What happened at VENDECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 55,438 (▲ 19% vs 2024). Source: NBB ↗
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 47,937 profit in 2022 to € 55,438 profit in 2025.
Paid € 59,065 in corporate taxes since 2022.
Best year ever: 2025, with € 55,438 profit.
Paid out € 142,121 in dividends to the owners in total.
Management
Behind VENDECO is Johan Colpaert. Johan Colpaert is also behind LG-BETON, ALTEZ, MECO METAL, R - CORPORATION and Ax3 Invest.
Directors
According to the 2025 annual accounts
Johan Colpaert
Director
Also active at: LG-BETON, ALTEZ, MECO METAL, R - CORPORATION, Ax3 Invest, AXPROMO, AXZON, Axin Capital Holding
Establishments
Establishment units
Physical locations of this company
Jachthoornstraat 25
8400 Oostende
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0457.510.693
- VAT number
- BE 0457.510.693
- Registered office
- Jachthoornstraat 25, 8400 Oostende
- Names & denominations
- VENDECO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 March 1996
- Peppol
- Active · Active since 13 Dec 2025
- Activities · NACE
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