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 15 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
VADE from Izegem, company number BE0675480680, closed financial year 2025 with a result of € 10,025 after tax. For that financial year VADE recorded a gross margin of € 76,583 and equity of € 246,221. Compared with financial year 2024, the result moved from € 1,050 to € 10,025. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 16, 2025.
€ 246,221
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,025
▲ € 8,975 vs 2024
Profit after tax over the fiscal year.
€ 74,157
▲ 18% 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 € 177,721.
People and assets in 2025
€ 2,001
▼ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 255,555
▼ 12% vs 2024
€ 33,333 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 20,000
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 49,568 | € 49,503 | € 71,031 | € 76,583 | ▲ 8% |
| Profit after taxes | € -30,774 | € -28,277 | € 1,050 | € 10,025 | ▲ € 8,975 |
| Equity | € 263,421 | € 235,145 | € 236,195 | € 246,221 | ▲ 4% |
| Total debts | € 911,091 | € 875,277 | € 846,274 | € 797,625 | ▼ 6% |
| Cash | € 41,505 | € 43,080 | € 62,793 | € 74,157 | ▲ 18% |
| Land & buildings | € 1,117,053 | € 1,054,625 | € 1,001,273 | € 949,638 | ▼ 5% |
| Retained profit | € 194,921 | € 166,645 | € 167,695 | € 177,721 | ▲ 6% |
| Bank debt | € 355,555 | € 322,222 | € 288,889 | € 255,555 | ▼ 12% |
| Balance sheet total | € 1,174,512 | € 1,110,421 | € 1,082,469 | € 1,043,846 | ▼ 4% |
Key figures of VADE, 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 October 2026.
What happened to VADE?
What happened at VADE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,025 (▲ € 8,975 vs 2024). Source: NBB ↗
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 30,774 loss in 2022 to € 10,025 profit in 2025.
Best year ever: 2025, with € 10,025 profit.
A new publication or filing at VADE? We notify you, reason included.
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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
Directors
According to the 2025 annual accounts
Rik Vandenabeele
bestuurder
Establishments
Establishment units
Physical locations of this company
Lodewijk de Raetlaan 3
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0675.480.680
- VAT number
- BE 0675.480.680
- Registered office
- Lodewijk de Raetlaan 3, 8870 Izegem
- Names & denominations
- VADE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 April 2017
- Peppol
- Not registered
- Activities · NACE
Activiteiten van holdings
Holdings