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 6 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
LANDERGEM INVEST from Waregem, company number BE0718693685, closed financial year 2026 with a result of € 222,280 after tax. For that financial year LANDERGEM INVEST recorded a gross margin of € 478,307 and equity of € 8 million. Compared with financial year 2025, the result moved from € 303,705 to € 222,280. 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 September 30, 2026.
€ 8 million
▲ 3% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 222,280
▼ 27% vs 2025
Profit after tax over the fiscal year.
€ 26,226
▲ 30% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 2 million.
Debts at end 2026
€ 3.5 million
▼ 11% vs 2025
€ 416,667 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 119
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 343,405 | € 449,633 | € 459,643 | € 478,307 | ▲ 4% |
| Profit after taxes | € 229,949 | € 309,703 | € 303,705 | € 222,280 | ▼ 27% |
| Equity | € 1,216,665 | € 1,526,368 | € 7,806,620 | € 8,028,900 | ▲ 3% |
| Total debts | € 4,866,391 | € 4,479,456 | € 4,008,703 | € 3,583,152 | ▼ 11% |
| Cash | € 135,184 | € 56,194 | € 20,107 | € 26,226 | ▲ 30% |
| Land & buildings | € 537,731 | € 502,592 | € 6,402,044 | € 6,198,958 | ▼ 3% |
| Retained profit | € 941,021 | € 1,250,723 | € 1,596,385 | € 1,986,950 | ▲ 24% |
| Dividend | € 5,000,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 4,791,667 | € 4,375,000 | € 3,958,333 | € 3,541,667 | ▼ 11% |
| Balance sheet total | € 6,090,457 | € 6,012,211 | € 11,820,775 | € 11,616,642 | ▼ 2% |
Key figures of LANDERGEM INVEST, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to LANDERGEM INVEST?
What happened at LANDERGEM INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ORTHAN & CAUCHY B.V. stepped down as director. NBB
- Ruth DE WULF stepped down as director. NBB
- LANDERHOF INVEST CommV stepped down as director. NBB
- VANDERBEKE LUC BV stepped down as director. NBB
- CREAFUND NV stepped down as director. NBB
- Kenneth DEPUYDT stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 222,280 (▼ 27% vs 2025). Source: NBB ↗
- PAPADI BV stepped down as director. NBB
In short
From € 229,949 profit in 2023 to € 222,280 profit in 2026.
Paid € 428,160 in corporate taxes since 2023.
Best year ever: 2024, with € 309,703 profit.
Paid out € 5 million in dividends to the owners in total.
Management
The stake of COEMAN TRADING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LANDERGEM INVESTThe shares are held by COEMAN TRADING (100%).
Directors
According to the 2026 annual accounts
Managing director · represented by Julie EERDEKENS
Also active at: COEMAN PACKAGING, SCOTCHA, COEMAN TRADING
since 2024 · until 2025
Ruth DE WULF
Director
Also active at: Beddeleem, DIRESCO, COEMAN PACKAGING, Purna Pharmaceuticals, SOFICS, Cu.be Solutions, MOBILE LOCKER, CREAFUND ASSET MANAGEMENT +9 more
since 2023 · until 2029
Director · represented by Philip COEMAN
Also active at: COEMAN PACKAGING, SCOTCHA, COEMAN TRADING
since 2023 · until 2029
Director · represented by Luc VANDERBEKE
Also active at: COEMAN PACKAGING, SCOTCHA, COEMAN TRADING
since 2023 · until 2029
Director · represented by Herman WIELFAERT
Also active at: DIRESCO, COEMAN PACKAGING, CREALOAN, SOFICS, Cu.be Solutions, JOVEGI, MOBILE LOCKER, SOLFAR +11 more
since 2023 · until 2029
Managing director · represented by Peter LE ROY
Also active at: COEMAN PACKAGING, Theuma Group, SCOTCHA, COEMAN TRADING
since 2025 · until 2031
Kenneth DEPUYDT
Director
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Textielstraat 17
8790 Waregem
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
- 0718.693.685
- VAT number
- BE 0718.693.685
- Registered office
- Textielstraat 17, 8790 Waregem
- Names & denominations
- LANDERGEM INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 2019
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen