Financials
Financial year 2025
Herman & Vandamme from Menen, company number BE0666948244, closed financial year 2025 with a result of € 687,172 after tax. For that financial year Herman & Vandamme recorded revenue of € 24.3 million and equity of € 2.5 million. Compared with financial year 2024, the result moved from € 1.4 million to € 687,172. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 29, 2026.
€ 2.5 million
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 687,172
▼ 50% vs 2024
Profit after tax over the fiscal year.
€ 1.9 million
▲ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 230,000 paid out
33 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
85.8
▲ 4.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5 million
▲ 4% vs 2024
€ 58,400 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.
€ 4.6 million
▲ 46% vs 2024
Of which on lease € 213,481.
Debts at end 2025
€ 2.6 million
▲ 4% vs 2024
€ 824,573 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1 million
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 21 days on average.
€ 843,163
▼ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 15,438,159 | € 19,660,866 | € 22,451,600 | € 24,339,563 | ▲ 8% |
| Profit after taxes | € 298,617 | € 615,708 | € 1,363,747 | € 687,172 | ▼ 50% |
| Equity | € 140,867 | € 756,575 | € 2,008,322 | € 2,465,494 | ▲ 23% |
| Total debts | € 5,453,018 | € 5,934,342 | € 6,575,938 | € 5,880,006 | ▼ 11% |
| Cash | € 770,133 | € 1,596,340 | € 1,659,298 | € 1,853,999 | ▲ 12% |
| Land & buildings | € 49,722 | € 52,318 | € 95,214 | € 84,698 | ▼ 11% |
| Retained profit | € -1,366,506 | € -750,798 | € 500,949 | € 958,121 | ▲ 91% |
| Dividend | € 0 | € 0 | € 112,000 | € 230,000 | ▲ 105% |
| Bank debt | € 2,772,227 | € 2,531,441 | € 2,474,975 | € 2,569,995 | ▲ 4% |
| Balance sheet total | € 5,593,886 | € 6,690,917 | € 8,584,260 | € 8,345,501 | ▼ 3% |
| Employees (FTE) | 82.2 | 89.5 | 81.4 | 85.8 | ▲ 4.4 |
Key figures of Herman & Vandamme, 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 May 2027.
What happened to Herman & Vandamme?
What happened at Herman & Vandamme in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 687,172 (▼ 50% vs 2024). Source: NBB ↗
- Winman BV became a director. NBB
- New establishment in Menen. KBO
- Start of the company according to the CBE. KBO
In short
From € 298,617 profit in 2022 to € 687,172 profit in 2025.
Paid € 153,610 in corporate taxes since 2022.
Best year ever: 2024, with € 1.4 million profit.
Paid out € 342,000 in dividends to the owners in total.
Management
Behind Herman & Vandamme is Winman BV.
Directors
According to the 2025 annual accounts
Director · represented by Herman Aline
since 2017
Establishments
Establishment units
Physical locations of this company
Bruggestraat 517
8930 Menen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
PROXIMUS-ISP-AS, BE
Website info
Features
Security
Details
- Company number
- 0666.948.244
- VAT number
- BE 0666.948.244
- Registered office
- Bruggestraat 517, 8930 Menen
- Names & denominations
- Herman & Vandamme
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 December 2016
- Peppol
- Active · Active since 15 Dec 2025
- Contact
- hervan.be [email protected]
- Activities · NACE
Activiteiten van reisorganisatoren
Personenvervoer over de weg zonder dienstregeling
Overig personenvervoer te land, n.e.g.
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Activiteiten van reisbureaus
Personenvervoer over de weg volgens dienstregeling
Eetgelegenheden met beperkte bediening