Financials
Financial year 2026
VADECON from Ledegem, company number BE0808367316, closed financial year 2026 with a result of € 68,230 after tax. For that financial year VADECON recorded a gross margin of € 35,425 and equity of € 816,110. Compared with financial year 2025, the result moved from € 98,796 to € 68,230. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 18, 2026.
€ 816,110
▼ 21% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 68,230
▼ 31% vs 2025
Profit after tax over the fiscal year.
€ 90,391
▲ 48% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 280,198 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
€ 5,579
▲ 2% vs 2025
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,208
▼ 9% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 320,406
▲ 199% vs 2025
€ 66,732 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1,598
▲ € 1,277 vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 469
▼ 69% vs 2025
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 | € 485,800 | € 84,916 | € 91,135 | € 35,425 | ▼ 61% |
| Profit after taxes | € 316,067 | € 94,870 | € 98,796 | € 68,230 | ▼ 31% |
| Equity | € 899,616 | € 979,058 | € 1,028,077 | € 816,110 | ▼ 21% |
| Total debts | € 170,970 | € 155,359 | € 137,225 | € 345,072 | ▲ 151% |
| Cash | € 85,614 | € 102,388 | € 61,176 | € 90,391 | ▲ 48% |
| Land & buildings | € 200,338 | € 187,168 | € 174,924 | € 156,226 | ▼ 11% |
| Retained profit | € 677,556 | € 756,998 | € 806,017 | € 594,050 | ▼ 26% |
| Dividend | € 38,510 | € 15,428 | € 49,778 | € 280,198 | ▲ € 230,420 |
| Bank debt | € 149,637 | € 128,694 | € 107,072 | € 320,406 | ▲ 199% |
| Balance sheet total | € 1,070,586 | € 1,134,418 | € 1,165,302 | € 1,161,182 |
Key figures of VADECON, 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 VADECON?
What happened at VADECON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 68,230 (▼ 31% vs 2025). Source: NBB ↗
- New establishment in Ledegem. KBO
- Sébastien Van den Bulcke became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 316,067 profit in 2023 to € 68,230 profit in 2026.
Paid € 200,284 in corporate taxes since 2023.
Best year ever: 2023, with € 316,067 profit.
Paid out € 383,913 in dividends to the owners in total.
Management
Behind VADECON is Sébastien Van den Bulcke. It owns 25.5% of Oost-Van den Bulcke BV and 21% of Insuro itself.
Directors
According to the 2026 annual accounts
Sébastien Van den Bulcke
Director
since 2008
Establishments
Establishment units
Physical locations of this company
Olympialaan 50
8880 Ledegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0808.367.316
- VAT number
- BE 0808.367.316
- Registered office
- Olympialaan 50, 8880 Ledegem
- Names & denominations
- VADECON
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 2008
- Peppol
- Active · Active since 17 Jun 2025
- Activities · NACE
Activiteiten van verzekeringsagenten en -makelaars