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
Vandecaveye-Masschelein from Zonnebeke, company number BE0719649631, closed financial year 2025 with a result of € 56,237 after tax. For that financial year Vandecaveye-Masschelein recorded a gross margin of € 228,334 and equity of € 195,421. Compared with financial year 2024, the result moved from € 117,093 to € 56,237. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 2, 2025.
€ 195,421
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 56,237
▼ 52% vs 2024
Profit after tax over the fiscal year.
€ 76,044
▼ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 54,000 paid out
96 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
€ 809,091
▲ 50% vs 2024
€ 94,401 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 16,731
▲ 154% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,427
▼ 40% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 45,892 | € 120,152 | € 224,172 | € 228,334 | ▲ 2% |
| Profit after taxes | € 8,641 | € 525 | € 117,093 | € 56,237 | ▼ 52% |
| Equity | € 58,641 | € 77,757 | € 193,184 | € 195,421 | ▲ 1% |
| Total debts | € 292,213 | € 1,045,775 | € 1,031,708 | € 1,190,674 | ▲ 15% |
| Cash | € 89,809 | € 0 | € 170,345 | € 76,044 | ▼ 55% |
| Land & buildings | € 241,002 | € 537,135 | € 497,117 | € 800,486 | ▲ 61% |
| Retained profit | € 8,641 | € 27,757 | € 143,184 | € 145,421 | ▲ 2% |
| Dividend | € 1,600 | € 0 | € 1,666 | € 54,000 | ▲ € 52,334 |
| Bank debt | € 249,090 | € 994,676 | € 538,564 | € 809,091 | ▲ 50% |
| Balance sheet total | € 350,854 | € 1,123,532 | € 1,224,891 | € 1,386,094 | ▲ 13% |
Key figures of Vandecaveye-Masschelein, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Vandecaveye-Masschelein?
What happened at Vandecaveye-Masschelein in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 56,237 (▼ 52% vs 2024). Source: NBB ↗
- New establishment in Zonnebeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,641 profit in 2021 to € 56,237 profit in 2025.
Paid € 30,260 in corporate taxes since 2021.
Best year ever: 2024, with € 117,093 profit.
Paid out € 57,266 in dividends to the owners in total.
Management
Behind Vandecaveye-Masschelein are Wouter Vandecaveye and Evelien Masschelein. Wouter Vandecaveye is also behind HUISAKKER.
Directors
According to the 2025 annual accounts
Evelien Masschelein
Director
Establishments
Establishment units
Physical locations of this company
Beselarestraat 257
8980 Zonnebeke
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.
Details
- Company number
- 0719.649.631
- VAT number
- BE 0719.649.631
- Registered office
- Beselarestraat 257, 8980 Zonnebeke
- Names & denominations
- Vandecaveye-Masschelein
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 January 2019
- Peppol
- Active · Active since 24 Nov 2023
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