Financials
Financial year 2025
VANDENBORRE - DEVOS from Kortrijk, company number BE0821710358, closed financial year 2025 with a result of € 109,399 after tax. For that financial year VANDENBORRE - DEVOS recorded a gross margin of € 187,644 and equity of € 654,668. Compared with financial year 2024, the result moved from € 70,860 to € 109,399. Profitable, and profit is growing. 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 August 20, 2026.
€ 654,668
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 109,399
▲ 54% vs 2024
Profit after tax over the fiscal year.
€ 229,736
▲ € 189,989 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 € 648,468.
People and assets in 2025
€ 2,778
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1,441
▼ 94% vs 2024
Loans from banks and other lenders, long and short.
€ 10,718
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 45,082
▲ 264% 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 | € 221,193 | € 192,181 | € 132,681 | € 187,644 | ▲ 41% |
| Profit after taxes | € 125,124 | € 107,863 | € 70,860 | € 109,399 | ▲ 54% |
| Equity | € 477,419 | € 585,282 | € 545,269 | € 654,668 | ▲ 20% |
| Total debts | € 207,976 | € 140,467 | € 162,714 | € 73,192 | ▼ 55% |
| Cash | € 242,985 | € 262,904 | € 39,747 | € 229,736 | ▲ € 189,989 |
| Land & buildings | € 319,340 | € 297,150 | € 288,632 | € 270,768 | ▼ 6% |
| Retained profit | € 471,219 | € 579,082 | € 539,069 | € 648,468 | ▲ 20% |
| Dividend | € 0 | € 0 | € 110,660 | € 0 | ▼ 100% |
| Bank debt | € 128,889 | € 52,209 | € 24,558 | € 1,441 | ▼ 94% |
| Balance sheet total | € 685,395 | € 725,749 | € 707,983 | € 727,860 | ▲ 3% |
By gross margin, VANDENBORRE - DEVOS ranks 3rd of 10 companies with main activity “Activiteiten van holdings” in Kortrijk that publish figures (fiscal year 2025).
Key figures of VANDENBORRE - DEVOS, 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.
Ask about VANDENBORRE - DEVOS the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to VANDENBORRE - DEVOS?
What happened at VANDENBORRE - DEVOS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 109,399 (▲ 54% vs 2024). filed late Source: NBB ↗
- Gilles Vandenborre became a director. NBB
- Christine Devos became a director. NBB
- New establishment in Kortrijk. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 125,124 profit in 2022 to € 109,399 profit in 2025.
Paid € 169,030 in corporate taxes since 2022.
Best year ever: 2022, with € 125,124 profit.
Paid out € 110,660 in dividends to the owners in total.
Management
Behind VANDENBORRE - DEVOS are Gilles Vandenborre and Christine Devos.
Directors
According to the 2025 annual accounts
Gilles Vandenborre
Director
since 2016
Christine Devos
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Burgemeester Margostraat(Aal) 25E
8511 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Devos Christine(gecommanditeerde vennoot) 95%
- Vandenborre Gilles(stille vennoot) 5%
Details
- Company number
- 0821.710.358
- VAT number
- BE 0821.710.358
- Registered office
- Burgemeester Margostraat(Aal) 25E, 8511 Kortrijk
- Names & denominations
- VANDENBORRE - DEVOS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 2009
- Peppol
- Active · Active since 20 Nov 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Sanitaire werkzaamheden
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit