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 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
STUDAC BELGIUM from Kortrijk, company number BE0460806517, closed financial year 2025 with a result of € -113,145 after tax. For that financial year STUDAC BELGIUM recorded a gross margin of € 113,903 and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 147 to € -113,145. 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 April 24, 2026.
€ 1.9 million
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -113,145
▼ still € 147 profit in 2024
Profit after tax over the fiscal year.
€ 124,026
▼ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 581,132.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 475,030
Of which on lease € 458,782.
Debts at end 2025
€ 1.3 million
▲ 11% vs 2024
Loans from banks and other lenders, long and short.
€ 11,698
▲ 142% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,137
▼ 2% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 454,931 | € 347,470 | € 119,148 | € 113,903 | ▼ 4% |
| Profit after taxes | € 118,867 | € 205,218 | € 147 | € -113,145 | ▼ € 113,293 |
| Equity | € 2,214,119 | € 2,384,926 | € 2,385,661 | € 1,928,004 | ▼ 19% |
| Total debts | € 3,164,011 | € 3,298,982 | € 2,433,684 | € 3,142,550 | ▲ 29% |
| Cash | € 396,826 | € 54,052 | € 221,641 | € 124,026 | ▼ 44% |
| Land & buildings | € 2,163,143 | € 2,083,345 | € 2,003,548 | € 2,306,143 | ▲ 15% |
| Retained profit | € 867,248 | € 1,038,054 | € 1,038,790 | € 581,132 | ▼ 44% |
| Dividend | € 0 | € 35,000 | € 0 | € 345,100 | |
| Bank debt | € 1,905,064 | € 1,905,064 | € 1,175,064 | € 1,300,858 | ▲ 11% |
| Balance sheet total | € 5,386,109 | € 5,691,584 | € 4,826,718 | € 5,077,624 | ▲ 5% |
Key figures of STUDAC BELGIUM, 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 STUDAC BELGIUM?
What happened at STUDAC BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 113,145 (▼ € 113,293 vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
- Hein Vandelanotte became a director. NBB
In short
From € 118,867 profit in 2022 to € 113,145 loss in 2025.
Paid € 110,320 in corporate taxes since 2022.
Best year ever: 2023, with € 205,218 profit.
Paid out € 380,100 in dividends to the owners in total.
A new publication or filing at STUDAC BELGIUM? We notify you, reason included.
Follow STUDAC BELGIUMDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 STUDAC BELGIUM is Hein Vandelanotte. It owns 100% of COHABS MA CAMPAGNE 2 and 38.2% of VDL Vastgoed itself.
Directors
According to the 2025 annual accounts
Hein Vandelanotte
Director
Also active at: LE DOUX & MORTELMANS, Vlaams Netwerk van Ondernemingen, Zonnebloem, VANDELANOTTE ++, STUDAC INTERNATIONAL, VDL VASTGOED, COHABS MA CAMPAGNE 2, AI-GUST +1 more
since 1997
Establishments
Establishment units
Physical locations of this company
Karmelietenlaan(Kor) 1
8500 Kortrijk
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 →BAB Kortrijk
STUDAC INTERNATIONAL same network
€ 225,632 gross margin · 2025
GROEP VCNOT
VCNOT
€ 82,856 gross margin · 2025
BRUSIFE I
+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
- 0460.806.517
- VAT number
- BE 0460.806.517
- Registered office
- Karmelietenlaan(Kor) 1, 8500 Kortrijk
- Names & denominations
- STUDAC BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 June 1997
- Peppol
- Active · Active since 27 Mar 2025
- Activities · NACE
Activiteiten van (gecertificeerde) (fiscaal) accountants
Verhuur van niet-residentiële gebouwen
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering