Financials
Financial year 2024
VADATEC from Zele, company number BE0849007544, closed financial year 2024 with a result of € -7,894 after tax. For that financial year VADATEC recorded a gross margin of € 57,767 and equity of € 161,186. Compared with financial year 2023, the result moved from € 25,997 to € -7,894. 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 September 29, 2025.
€ 161,186
▼ 5% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,894
▼ still € 25,997 profit in 2023
Profit after tax over the fiscal year.
€ 10,083
▼ 89% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 111,186.
Debts at end 2024
€ 59,875
▼ 6% vs 2023
€ 32,073 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 35,035
▼ 43% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 7,274
▼ 52% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 60,081 | € 100,390 | € 83,889 | € 57,767 | ▼ 31% |
| Profit after taxes | € 22,152 | € 42,531 | € 25,997 | € -7,894 | ▼ € 33,892 |
| Equity | € 100,552 | € 143,083 | € 169,080 | € 161,186 | ▼ 5% |
| Total debts | € 246,614 | € 211,967 | € 178,439 | € 148,045 | ▼ 17% |
| Cash | € 62,015 | € 100,337 | € 93,100 | € 10,083 | ▼ 89% |
| Retained profit | € 50,552 | € 93,083 | € 119,080 | € 111,186 | ▼ 7% |
| Bank debt | € 132,226 | € 98,102 | € 63,493 | € 59,875 | ▼ 6% |
| Balance sheet total | € 347,166 | € 355,050 | € 347,519 | € 309,230 | ▼ 11% |
Key figures of VADATEC, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to VADATEC?
What happened at VADATEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 7,894 (▼ € 33,892 vs 2023). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 22,152 profit in 2021 to € 7,894 loss in 2024.
Paid € 23,121 in corporate taxes since 2021.
Best year ever: 2022, with € 42,531 profit.
Management
The stake of VADAGROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VADATECBehind VADATEC are Maarten Van Damme, Chris Mortelé, Klaas Van Damme, Claude Rousseau, Wouter Van Damme and Benny Claeys. The shares are held by VADAGROUP (44%).
Directors
According to the 2024 annual accounts
Maarten Van Damme
Director
Chris Mortelé
Director
Benny Claeys
Director
Niels Dewilde
Director
Shareholders
44%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lindestraat 14A
9240 Zele
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0849.007.544
- VAT number
- BE 0849.007.544
- Registered office
- Lindestraat 14A, 9240 Zele
- Names & denominations
- VADATEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 September 2012
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
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