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 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VANDEMOORTELE IZEGEM from Izegem, company number BE0827803443, closed financial year 2025 with a result of € 643,494 after tax. For that financial year VANDEMOORTELE IZEGEM recorded revenue of € 32.2 million and equity of € 7.6 million. Compared with financial year 2024, the result moved from € 595,710 to € 643,494. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 7.6 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 643,494
▲ 8% vs 2024
Profit after tax over the fiscal year.
€ 143
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -348,657.
People and assets in 2025
218.5
Average over the fiscal year, from the social balance sheet.
€ 17.5 million
▲ 1% vs 2024
€ 80,100 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.
€ 355,382
▲ € 290,540 vs 2024
Of which on lease € 56,775.
Debts at end 2025
€ 22.7 million
▲ 28% vs 2024
€ 31,769 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 5.5 million
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 176 days on average.
€ 3.3 million
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 29,072,447 | € 33,577,607 | € 33,315,607 | € 32,184,678 | ▼ 3% |
| Profit after taxes | € 474,526 | € -120,027 | € 595,710 | € 643,494 | ▲ 8% |
| Equity | € 6,443,535 | € 6,323,508 | € 6,919,219 | € 7,562,713 | ▲ 9% |
| Total debts | € 25,242,075 | € 29,286,426 | € 31,255,346 | € 31,632,185 | ▲ 1% |
| Cash | € 143 | € 143 | € 143 | € 143 | |
| Land & buildings | € 8,947,256 | € 9,123,046 | € 8,333,445 | € 7,840,423 | ▼ 6% |
| Retained profit | € -1,467,834 | € -1,587,861 | € -992,150 | € -348,657 | ▲ € 643,494 |
| Bank debt | € 15,304,731 | € 18,335,335 | € 17,714,076 | € 22,746,415 | ▲ 28% |
| Balance sheet total | € 31,714,054 | € 35,626,497 | € 38,211,478 | € 39,195,048 | ▲ 3% |
| Employees (FTE) | 215.9 | 220.1 | 218.5 | 218.5 |
Key figures of VANDEMOORTELE IZEGEM, 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 IZEGEM?
What happened at VANDEMOORTELE IZEGEM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Helena Vanhoutte stepped down as director. NBB
- Philippe Delsaut stepped down as director. NBB
- Yvon Guérin stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 643,494 (▲ 8% vs 2024). Source: NBB ↗
- Bart Bruyneel stepped down as director. NBB
- Helena Vanhoutte became a director. NBB
- Philippe Delsaut became a director. NBB
- Yvon Guérin became a director. NBB
In short
From € 474,526 profit in 2022 to € 643,494 profit in 2025.
Paid € 843,826 in corporate taxes since 2022.
Best year ever: 2025, with € 643,494 profit.
Pays suppliers within 176 days on average.
Management
The shares are held by Vandemoortele Lipids NV (100%) and Vandemoortele NV.
Directors
According to the 2025 annual accounts
Philippe Delsaut
Director
Also active at: VANDEMOORTELE TRANSPORT SOLUTIONS, VANDEMOORTELE LIPIDS, VAMIX, VANDEMOORTELE GHISLENGHIEN, VANDEMOORTELE SENEFFE, Vandemoortele Europe, VANDEMOORTELE EEKLO, Grow Vandemoortele
since 2025 · until 2028
Yvon Guérin
Chairman of the board
Also active at: VANDEMOORTELE TRANSPORT SOLUTIONS, VANDEMOORTELE LIPIDS, VAMIX, Vandemoortele, VANDEMOORTELE GHISLENGHIEN, VANDEMOORTELE SENEFFE, VANDEMOORTELE EEKLO, 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 Europe, Flanders’ FOOD, Grow Vandemoortele
since 2025 · until 2026
Helena Vanhoutte
Managing director
Also active at: VANDEMOORTELE TRANSPORT SOLUTIONS, VANDEMOORTELE LIPIDS, Vandemoortele Europe, Grow Vandemoortele
since 2026 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Prins Albertlaan 12
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0827.803.443
- VAT number
- BE 0827.803.443
- Registered office
- Prins Albertlaan 12, 8870 Izegem
- Names & denominations
- VANDEMOORTELE IZEGEM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 June 2010
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van oliën en vetten
Vervaardiging van margarine en andere spijsvetten