Financials
Financial year 2025
VANDAELE MATHIAS from Kortrijk, company number BE0841547749, closed financial year 2025 with a result of € -29,390 after tax. For that financial year VANDAELE MATHIAS recorded a gross margin of € 50,930 and equity of € 2.7 million. Compared with financial year 2024, the result moved from € 462,079 to € -29,390. The company made a loss. 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 August 28, 2026.
€ 2.7 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29,390
▼ still € 462,079 profit in 2024
Profit after tax over the fiscal year.
€ 15,895
▼ 84% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.7 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 46,494
▲ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▲ 64% vs 2024
€ 35,260 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 244,735
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 38,189
▼ 91% 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 | € 481,359 | € 1,239,833 | € 933,295 | € 50,930 | ▼ 95% |
| Profit after taxes | € 285,524 | € 776,938 | € 462,079 | € -29,390 | ▼ € 491,469 |
| Equity | € 1,474,322 | € 2,251,260 | € 2,713,339 | € 2,683,949 | ▼ 1% |
| Total debts | € 1,435,483 | € 1,695,011 | € 1,562,345 | € 1,812,580 | ▲ 16% |
| Cash | € 150,306 | € 12,794 | € 97,309 | € 15,895 | ▼ 84% |
| Land & buildings | € 375,462 | € 738,274 | € 1,682,126 | € 1,802,272 | ▲ 7% |
| Retained profit | € 1,455,722 | € 2,232,660 | € 2,694,739 | € 2,665,349 | ▼ 1% |
| Bank debt | € 1,119,456 | € 1,098,907 | € 875,952 | € 1,440,279 | ▲ 64% |
| Balance sheet total | € 2,909,806 | € 3,946,271 | € 4,275,684 | € 4,496,528 | ▲ 5% |
Key figures of VANDAELE MATHIAS, 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 VANDAELE MATHIAS?
What happened at VANDAELE MATHIAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 29,390 (▼ € 491,469 vs 2024). filed late Source: NBB ↗
- New establishment in Kortrijk. KBO
- Mathias Vandaele became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 285,524 profit in 2022 to € 29,390 loss in 2025.
Paid € 715,252 in corporate taxes since 2022.
Best year ever: 2023, with € 776,938 profit.
Management
Behind VANDAELE MATHIAS is Mathias Vandaele. The shares are held by Mathias Vandaele. It owns 16.7% of Solarkraft itself.
Directors
According to the 2025 annual accounts
Mathias Vandaele
Director
Is a shareholder
since 2011
Shareholders
Mathias Vandaele · director
Participations
16.7%
Establishments
Establishment units
Physical locations of this company
Walleweg(Rol) 124
8510 Kortrijk
Walleweg(Bel) 124
8510 Kortrijk
Active since 1 December 2011
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0841.547.749
- VAT number
- BE 0841.547.749
- Registered office
- Walleweg(Rol) 124, 8510 Kortrijk
- Names & denominations
- VANDAELE MATHIAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 November 2011
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van hoofdkantoren
Algemene elektrotechnische installatiewerken
Detailhandel in kledingaccessoires
Detailhandel in lederwaren en reisartikelen