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 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VDThems from Brugge, company number BE0820945147, closed financial year 2025 with a result of € 380 after tax. For that financial year VDThems recorded a gross margin of € 160,007 and equity of € 91,254. Compared with financial year 2024, the result moved from € 566 to € 380. 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 October 15, 2026.
€ 91,254
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 380
▼ 33% vs 2024
Profit after tax over the fiscal year.
€ 143,051
▼ 16% 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 € 78,854.
People and assets in 2025
€ 88,657
▼ 91% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 21,248
▼ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 72,415
▲ € 70,030 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 207,527 | € 190,973 | € 207,471 | € 160,007 | ▼ 23% |
| Profit after taxes | € -1,918 | € 9,799 | € 566 | € 380 | ▼ 33% |
| Equity | € 80,510 | € 90,308 | € 90,874 | € 91,254 | |
| Total debts | € 2,562,305 | € 2,696,610 | € 2,679,348 | € 1,703,219 | ▼ 36% |
| Cash | € 100,362 | € 136,702 | € 171,117 | € 143,051 | ▼ 16% |
| Land & buildings | € 748,102 | € 701,732 | € 391,961 | € 368,808 | ▼ 6% |
| Retained profit | € 68,110 | € 77,908 | € 78,474 | € 78,854 | |
| Balance sheet total | € 2,642,814 | € 2,786,918 | € 2,770,222 | € 1,794,473 | ▼ 35% |
Key figures of VDThems, 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 VDThems?
What happened at VDThems in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 380 (▼ 33% vs 2024). filed late Source: NBB ↗
- New establishment in Jabbeke. KBO
- Nicolas Vandierendonck became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,918 loss in 2022 to € 380 profit in 2025.
Paid € 5,238 in corporate taxes since 2022.
Best year ever: 2023, with € 9,799 profit.
Management
Behind VDThems is Nicolas Vandierendonck. Nicolas Vandierendonck is also behind ANTSER.
Directors
According to the 2025 annual accounts
since 2009
Establishments
Establishment units
Physical locations of this company
Doornstraat 215
8200 Brugge
Grote Thems 20
8490 Jabbeke
Active since 1 December 2009
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0820.945.147
- VAT number
- BE 0820.945.147
- Registered office
- Doornstraat 215, 8200 Brugge
- Names & denominations
- VDThems
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 2009
- Peppol
- Active · Active since 26 Dec 2025
- Activities · NACE
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