Financials
Financial year 2025
Vandemoortele Europe from Gent, company number BE0721494116, closed financial year 2025 with a result of € 27.7 million after tax. For that financial year Vandemoortele Europe recorded revenue of € 1.9 billion and equity of € 345.7 million. Compared with financial year 2024, the result moved from € 30 million to € 27.7 million. 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 June 15, 2026.
€ 345.7 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27.7 million
▼ 8% vs 2024
Profit after tax over the fiscal year.
€ 369.3 million
▲ 12% 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 € 195.1 million.
People and assets in 2025
162.4
▼ 2.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 70.1 million
▲ 3% vs 2024
€ 431,400 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.
€ 338,608
▼ 3% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 51.7 million
Loans from banks and other lenders, long and short.
€ 294.7 million
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 59 days on average.
€ 24.5 million
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,748,718,754 | € 1,919,171,771 | € 1,924,720,044 | € 1,923,218,348 | |
| Profit after taxes | € 21,828,749 | € 24,812,649 | € 30,025,340 | € 27,657,626 | ▼ 8% |
| Equity | € 263,230,730 | € 288,043,379 | € 318,068,719 | € 345,726,345 | ▲ 9% |
| Total debts | € 326,753,532 | € 345,580,684 | € 378,746,793 | € 375,653,400 | ▼ 1% |
| Cash | € 174,900,716 | € 261,672,382 | € 329,575,077 | € 369,302,692 | ▲ 12% |
| Land & buildings | € 380,982 | € 358,782 | € 318,489 | € 269,165 | ▼ 15% |
| Retained profit | € 112,620,107 | € 137,432,756 | € 167,458,096 | € 195,115,722 | ▲ 17% |
| Bank debt | € 54,377,572 | € 72,020,515 | € 51,616,940 | € 51,724,128 | |
| Balance sheet total | € 596,670,252 | € 640,474,462 | € 704,736,946 | € 727,852,184 | ▲ 3% |
| Employees (FTE) | 159.8 | 156.9 | 164.8 | 162.4 | ▼ 2.4 |
Key figures of Vandemoortele Europe, 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 July 2027.
What happened to Vandemoortele Europe?
What happened at Vandemoortele Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jan-Bastiaan Tijmen Vermorken stepped down as director. NBB
- Herman Van Steenstraeten stepped down as director. NBB
- Philippe Delsaut stepped down as director. NBB
- Pieter Frans Boone stepped down as director. NBB
- Helena Vanhoutte stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 27.7 million (▼ 8% vs 2024). Source: NBB ↗
- Filip Goethals stepped down as director. NBB
- Bart Bruyneel stepped down as director. NBB
In short
From € 21.8 million profit in 2022 to € 27.7 million profit in 2025.
Paid € 42.3 million in corporate taxes since 2022.
Best year ever: 2024, with € 30 million profit.
Pays suppliers within 59 days on average.
A new publication or filing at Vandemoortele Europe? 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
The shares are held by Vandemoortele Lipids NV (49.9%), Vamix NV (39.6%) and Vandemoortele Bakery Products France SASU (10.5%).
Directors
According to the 2025 annual accounts
Jan-Bastiaan Tijmen Vermorken
Director
since 2025 · until 2028
Herman Van Steenstraeten
Managing director
Also active at: VANDEMOORTELE TRANSPORT SOLUTIONS, VANDEMOORTELE LIPIDS, VAMIX, VANDEMOORTELE GHISLENGHIEN, VANDEMOORTELE SENEFFE, VANDEMOORTELE EEKLO, Grow Vandemoortele
since 2025 · until 2028
Philippe Delsaut
Director
Also active at: VANDEMOORTELE TRANSPORT SOLUTIONS, VANDEMOORTELE LIPIDS, VAMIX, VANDEMOORTELE GHISLENGHIEN, VANDEMOORTELE SENEFFE, VANDEMOORTELE EEKLO, VANDEMOORTELE IZEGEM, Grow Vandemoortele
since 2025 · until 2028
Bart Bruyneel
Managing director
Also active at: VANDEMOORTELE TRANSPORT SOLUTIONS, FEDERATION DE L'INDUSTRIE ALIMENTAIRE - FEDERATIE VOEDINGSINDUSTRIE, VANDEMOORTELE LIPIDS, Association internationale des Industries margarinières des Pays d'Europe, VANDEMOORTELE IZEGEM, Flanders’ FOOD, Grow Vandemoortele
since 2023 · until 2026
Pieter Frans Boone
Managing director
Also active at: VAMIX, VANDEMOORTELE GHISLENGHIEN, VANDEMOORTELE SENEFFE, VANDEMOORTELE EEKLO
since 2025 · until 2028
Filip Goethals
Managing director
since 2023 · until 2026
Helena Vanhoutte
Managing director
Also active at: VANDEMOORTELE TRANSPORT SOLUTIONS, VANDEMOORTELE LIPIDS, VANDEMOORTELE IZEGEM, Grow Vandemoortele
since 2025 · until 2028
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ottergemsesteenweg-Zuid 816
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →VANDEMOORTELE LIPIDS same network
€ 613.3 million revenue · 2025
VAMIX same network
€ 956 million revenue · 2025
Vandemoortele
€ 79.2 million revenue · 2025
Safinco
VANDEMOORTELE BTW-EENHEID
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0721.494.116
- VAT number
- BE 0721.494.116
- Registered office
- Ottergemsesteenweg-Zuid 816, 9000 Gent
- Names & denominations
- Vandemoortele Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 February 2019
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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