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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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VDC-INVEST from Zonnebeke, company number BE0644888266, closed financial year 2025 with a result of € 376,296 after tax. For that financial year VDC-INVEST recorded a gross margin of € 55,150 and equity of € 74.6 million. Compared with financial year 2024, the result moved from € 33.6 million to € 376,296. The company is profitable. 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 July 17, 2026.
€ 74.6 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 376,296
▼ 99% vs 2024
Profit after tax over the fiscal year.
€ 115,011
▲ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 51.6 million.
People and assets in 2025
7.1
▲ 3.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 581,407
▲ € 456,858 vs 2024
€ 81,900 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.
€ 200,759
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 12.9 million
▼ 58% vs 2024
€ 736,571 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 74,522
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 85,107
▼ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,095,642 | € 1,614,233 | - | - | |
| Gross margin | - | - | € 769,015 | € 55,150 | ▼ 93% |
| Profit after taxes | € 2,995,321 | € 1,632,455 | € 33,561,250 | € 376,296 | ▼ 99% |
| Equity | € 41,072,709 | € 40,705,163 | € 74,266,414 | € 74,642,709 | ▲ 1% |
| Total debts | € 26,766,800 | € 31,612,392 | € 49,902,389 | € 26,098,050 | ▼ 48% |
| Cash | € 189,243 | € 25,736 | € 68,754 | € 115,011 | ▲ 67% |
| Retained profit | € 16,072,709 | € 17,705,163 | € 51,266,414 | € 51,642,709 | ▲ 1% |
| Dividend | € 250,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 21,718,777 | € 23,829,580 | € 30,837,472 | € 12,855,485 | ▼ 58% |
| Balance sheet total | € 67,839,509 | € 72,317,555 | € 124,168,803 | € 100,740,759 | ▼ 19% |
| Employees (FTE) | 5.6 | 3.7 | 3.3 | 7.1 | ▲ 3.8 |
Key figures of VDC-INVEST, fiscal years 2023 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 VDC-INVEST?
What happened at VDC-INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 376,296 (▼ 99% vs 2024). Source: NBB ↗
- New establishment in Ieper. KBO
- HEIN VANDECASTEELE became a director. NBB
- VERONIQUE HOSTENS became a director. NBB
- New establishment in Zonnebeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 3 million profit in 2023 to € 376,296 profit in 2025.
Paid € 142,222 in corporate taxes since 2023.
Best year ever: 2024, with € 33.6 million profit.
On average € 7,800 of value added per employee in 2025.
Management
Behind VDC-INVEST are HEIN VANDECASTEELE and VERONIQUE HOSTENS. The same people are also behind VDC-RETAIL, YPRA-SPAR and VDC OIL. HEIN VANDECASTEELE is also behind LAMBERT PRODUCTS, ARDECA, Virovios Spar, COXY-SPAR and VDC MARKET.
Directors
According to the 2025 annual accounts
HEIN VANDECASTEELE
Managing director
Also active at: LAMBERT PRODUCTS, ARDECA, VDC-RETAIL, Virovios Spar, YPRA-SPAR, COXY-SPAR, VDC MARKET, VDC OIL
since 2024
since 2024
Establishments
Establishment units
Physical locations of this company
Oude Zonnebekestraat 11
8980 Zonnebeke
Meenseweg 30 box A
8900 Ieper
Active since 1 April 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Details
- Company number
- 0644.888.266
- VAT number
- BE 0644.888.266
- Registered office
- Oude Zonnebekestraat 11, 8980 Zonnebeke
- Names & denominations
- VDC-INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 December 2015
- Peppol
- Active · Active since 18 Nov 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Verhuur en lease van luchtvaartuigen