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 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Vandep from Eeklo, company number BE0874652463, closed financial year 2025 with a result of € 128,509 after tax. For that financial year Vandep recorded a gross margin of € 315,489 and equity of € 102,269. Compared with financial year 2024, the result moved from € 34,986 to € 128,509. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 102,269
▲ € 128,509 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 128,509
▲ 267% vs 2024
Profit after tax over the fiscal year.
€ 96,225
▲ 109% 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 € -97,731.
People and assets in 2025
€ 899
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.1 million
▼ 6% vs 2024
€ 140,583 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 6,428
▲ 104% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,923
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 | € 147,503 | € 184,990 | € 222,777 | € 315,489 | ▲ 42% |
| Profit after taxes | € -270,247 | € -11,095 | € 34,986 | € 128,509 | ▲ 267% |
| Equity | € -50,131 | € -61,226 | € -26,239 | € 102,269 | ▲ € 128,509 |
| Total debts | € 2,643,579 | € 2,577,888 | € 2,459,710 | € 2,340,125 | ▼ 5% |
| Cash | € 60,373 | € 25,571 | € 45,986 | € 96,225 | ▲ 109% |
| Land & buildings | € 2,514,834 | € 2,471,890 | € 2,367,778 | € 2,301,645 | ▼ 3% |
| Retained profit | € -250,131 | € -261,226 | € -226,239 | € -97,731 | ▲ € 128,509 |
| Bank debt | € 2,399,283 | € 2,352,019 | € 2,232,915 | € 2,094,235 | ▼ 6% |
| Balance sheet total | € 2,593,448 | € 2,516,662 | € 2,433,471 | € 2,442,394 |
Key figures of Vandep, 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 Vandep?
What happened at Vandep in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 128,509 (▲ 267% vs 2024). Source: NBB ↗
- New establishment in Eeklo. KBO
- Start of the company according to the CBE. KBO
In short
From € 270,247 loss in 2022 to € 128,509 profit in 2025.
Best year ever: 2025, with € 128,509 profit.
Management
Behind Vandep are Herman DEPYPERE and Katrien VANNESTE. The same people are also behind DRD. Herman DEPYPERE is also behind Vital Signs and PROFESSOR DEPYPERE.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Gentsesteenweg 101
9900 Eeklo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0874.652.463
- VAT number
- BE 0874.652.463
- Registered office
- Gentsesteenweg 101, 9900 Eeklo
- Names & denominations
- Vandep
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 June 2005
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen