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 38 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Vandamme Cycling from Comines-Warneton, company number BE0713799244, closed financial year 2025 with a result of € 28,135 after tax. For that financial year Vandamme Cycling recorded a gross margin of € 153,283 and equity of € 402,230. Compared with financial year 2024, the result moved from € 51,764 to € 28,135. 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 October 22, 2025.
€ 402,230
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 28,135
▼ 46% vs 2024
Profit after tax over the fiscal year.
€ 107,495
▼ 27% 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 € 352,230.
People and assets in 2025
€ 44,785
▲ 3% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 101,819
▲ 101% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 623,280
▼ 1% vs 2024
€ 78,720 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 81,982
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,728
▼ 55% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 151,818 | € 172,620 | € 180,345 | € 153,283 | ▼ 15% |
| Profit after taxes | € 60,742 | € 65,725 | € 51,764 | € 28,135 | ▼ 46% |
| Equity | € 256,607 | € 322,331 | € 374,095 | € 402,230 | ▲ 8% |
| Total debts | € 768,378 | € 928,862 | € 912,103 | € 876,045 | ▼ 4% |
| Cash | € 66,152 | € 113,776 | € 146,382 | € 107,495 | ▼ 27% |
| Land & buildings | € 702,230 | € 800,219 | € 801,587 | € 784,074 | ▼ 2% |
| Retained profit | € 206,607 | € 272,331 | € 324,095 | € 352,230 | ▲ 9% |
| Bank debt | € 593,898 | € 651,713 | € 629,203 | € 623,280 | ▼ 1% |
| Balance sheet total | € 1,024,985 | € 1,251,194 | € 1,286,199 | € 1,278,276 | ▼ 1% |
Key figures of Vandamme Cycling, 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 Vandamme Cycling?
What happened at Vandamme Cycling in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 28,135 (▼ 46% vs 2024). Source: NBB ↗
- New establishment in Comines-Warneton. KBO
- Lea Pareyn became a director. NBB
- Simon Vandamme became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 60,742 profit in 2022 to € 28,135 profit in 2025.
Paid € 52,342 in corporate taxes since 2022.
Best year ever: 2023, with € 65,725 profit.
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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
Behind Vandamme Cycling are Lea Pareyn and Simon Vandamme.
Directors
According to the 2025 annual accounts
Lea Pareyn
Director
since 2018
Simon Vandamme
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Kastelenlaan(KOM) 115 box A
7780 Comines-Warneton
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
Google Workspace
Hosting
WIX_COM, IL
DNS
Cloudflare DNS
Domain
Domain
vandammecycling.com
Registered
2019-09-03
Registrar
OVH sas
Expires
2026-09-03
Website info
Features
Security
Details
- Company number
- 0713.799.244
- VAT number
- BE 0713.799.244
- Registered office
- Kastelenlaan(KOM) 115 bus A, 7780 Comines-Warneton
- Names & denominations
- Vandamme Cycling
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 November 2018
- Peppol
- Active · Active since 7 Oct 2025
- Activities · NACE
Detailhandel in fietsen
Overige detailhandel in voedingsmiddelen, neg
Detailhandel in fietsen in gespecialiseerde winkels
Overige detailhandel in voedingsmiddelen in gespecialiseerde winkels, n.e.g.
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