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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Shrinking team NBB
FTE fell two years in a row, from 3.8 to 2.4.
Financials
Financial year 2024
De Vatevijver from Veurne, company number BE0643949049, closed financial year 2024 with a result of € 296,103 after tax. For that financial year De Vatevijver recorded a gross margin of € 613,471 and equity of € 530,370. Compared with financial year 2023, the result moved from € 144,610 to € 296,103. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ 530,370
▲ 33% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 296,103
▲ 105% vs 2023
Profit after tax over the fiscal year.
€ 547,603
▲ 28% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 166,000 paid out
56 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
2.4
▼ 0.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 132,763
▲ 4% vs 2023
€ 55,300 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.
€ 53,888
▲ € 49,708 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 66,993
▼ 77% vs 2023
€ 14,163 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 10,676
▼ 27% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 250,053
▲ 10% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 787,916 | € 816,588 | € 798,039 | € 613,471 | ▼ 23% |
| Profit after taxes | € 38,633 | € 68,274 | € 144,610 | € 296,103 | ▲ 105% |
| Equity | € 187,382 | € 255,656 | € 400,266 | € 530,370 | ▲ 33% |
| Total debts | € 1,710,604 | € 1,293,250 | € 714,274 | € 624,194 | ▼ 13% |
| Cash | € 453,665 | € 589,895 | € 428,633 | € 547,603 | ▲ 28% |
| Retained profit | € 168,782 | € 237,056 | € 381,666 | € 511,770 | ▲ 34% |
| Dividend | € 0 | € 0 | € 0 | € 166,000 | |
| Bank debt | € 1,306,917 | € 800,472 | € 295,870 | € 66,993 | ▼ 77% |
| Balance sheet total | € 1,897,986 | € 1,548,906 | € 1,114,541 | € 1,154,563 | ▲ 4% |
| Employees (FTE) | 4 | 3.8 | 2.6 | 2.4 | ▼ 0.2 |
Key figures of De Vatevijver, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to De Vatevijver?
What happened at De Vatevijver in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 296,103 (▲ 105% vs 2023). filed late Source: NBB ↗
- New establishment in Veurne. KBO
- New establishment in Lo-Reninge. KBO
- Start of the company according to the CBE. KBO
In short
From € 38,633 profit in 2021 to € 296,103 profit in 2024.
Paid € 239,132 in corporate taxes since 2021.
Best year ever: 2024, with € 296,103 profit.
On average € 255,600 of value added per employee in 2024.
Management
Behind De Vatevijver is ANNICK VANDEKERCKHOVE.
Directors
According to the 2024 annual accounts
ANNICK VANDEKERCKHOVE
Director
Establishments
Establishment units
Physical locations of this company
Zuidstraat 59 box 1
8630 Veurne
Ooststraat 94
8647 Lo-Reninge
Active since 8 December 2015
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0643.949.049
- VAT number
- BE 0643.949.049
- Registered office
- Zuidstraat 59 bus 1, 8630 Veurne
- Names & denominations
- De Vatevijver
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 December 2015
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van deurwaarders