Financials
Financial year 2025
VANDENBORRE-N from Avelgem, company number BE0837262923, closed financial year 2025 with a result of € 246 after tax. For that financial year VANDENBORRE-N recorded a gross margin of € 126,049 and equity of € 240,644. Compared with financial year 2024, the result moved from € 66,709 to € 246. 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 August 25, 2026.
€ 240,644
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 246
▼ € 66,463 vs 2024
Profit after tax over the fiscal year.
€ 31,638
▼ 69% 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 € 227,644.
People and assets in 2025
€ 57,410
▲ 4% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 138,886
▼ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 285,367
▼ 10% vs 2024
€ 58,007 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 22,049
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,173
▼ 73% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 179,994 | € 204,861 | € 214,394 | € 126,049 | ▼ 41% |
| Profit after taxes | € 59,754 | € 105,461 | € 66,709 | € 246 | ▼ € 66,463 |
| Equity | € 99,403 | € 204,864 | € 240,398 | € 240,644 | |
| Total debts | € 482,302 | € 379,961 | € 401,609 | € 313,729 | ▼ 22% |
| Cash | € 131,233 | € 104,374 | € 103,274 | € 31,638 | ▼ 69% |
| Land & buildings | € 208,815 | € 209,540 | € 204,489 | € 199,437 | ▼ 2% |
| Retained profit | € 86,403 | € 191,864 | € 227,398 | € 227,644 | |
| Dividend | € 57,572 | € 0 | € 31,175 | € 0 | ▼ 100% |
| Bank debt | € 320,508 | € 310,404 | € 316,178 | € 285,367 | ▼ 10% |
| Balance sheet total | € 581,706 | € 584,825 | € 642,007 | € 554,373 | ▼ 14% |
Key figures of VANDENBORRE-N, 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 VANDENBORRE-N?
What happened at VANDENBORRE-N in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 246 (▼ € 66,463 vs 2024). filed late Source: NBB ↗
- New establishment in Avelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 59,754 profit in 2022 to € 246 profit in 2025.
Paid € 96,840 in corporate taxes since 2022.
Best year ever: 2023, with € 105,461 profit.
Paid out € 88,748 in dividends to the owners in total.
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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
Behind VANDENBORRE-N is Nico Vandenborre.
Directors
According to the 2025 annual accounts
Nico Vandenborre
Director
Establishments
Establishment units
Physical locations of this company
Nijverheidslaan 5
8580 Avelgem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0837.262.923
- VAT number
- BE 0837.262.923
- Registered office
- Nijverheidslaan 5, 8580 Avelgem
- Names & denominations
- VANDENBORRE-N
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 June 2011
- Peppol
- Active · Active since 5 Nov 2025
- Activities · NACE
Sanitaire werkzaamheden
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit