Financials
Financial year 2025
VANDAELE GEERT from Wervik, company number BE0882012981, closed financial year 2025 with a result of € 73,787 after tax. For that financial year VANDAELE GEERT recorded a gross margin of € 542,908 and equity of € 456,900. Compared with financial year 2024, the result moved from € 71,704 to € 73,787. Profitable, and profit is growing. 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 June 15, 2026.
€ 456,900
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 73,787
▲ 3% vs 2024
Profit after tax over the fiscal year.
€ 477,471
▲ 16% 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 € 450,400.
People and assets in 2025
4.4
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 271,615
▲ 15% vs 2024
€ 61,700 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.
€ 52,161
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 325,075
▼ 45% vs 2024
€ 97,327 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 157,184
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,296
▲ 87% 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 | € 503,942 | € 518,471 | € 505,843 | € 542,908 | ▲ 7% |
| Profit after taxes | € 101,066 | € 118,270 | € 71,704 | € 73,787 | ▲ 3% |
| Equity | € 193,137 | € 311,408 | € 383,112 | € 456,900 | ▲ 19% |
| Total debts | € 1,242,033 | € 786,453 | € 1,104,189 | € 632,452 | ▼ 43% |
| Cash | € 436,106 | € 260,893 | € 410,385 | € 477,471 | ▲ 16% |
| Land & buildings | € 153,106 | € 149,533 | € 124,813 | € 100,093 | ▼ 20% |
| Retained profit | € 186,637 | € 304,908 | € 376,612 | € 450,400 | ▲ 20% |
| Bank debt | € 437,326 | € 560,665 | € 589,675 | € 325,075 | ▼ 45% |
| Balance sheet total | € 1,435,171 | € 1,097,861 | € 1,487,301 | € 1,089,352 | ▼ 27% |
| Employees (FTE) | 5.7 | 5.7 | 5.7 | 4.4 | ▼ 1.3 |
By gross margin, VANDAELE GEERT ranks 5th of 10 companies with main activity “Vervaardiging van motorvoertuigen” in West Flanders that publish figures (fiscal year 2025).
Key figures of VANDAELE GEERT, 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.
Ask about VANDAELE GEERT the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to VANDAELE GEERT?
What happened at VANDAELE GEERT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 73,787 (▲ 3% vs 2024). Source: NBB ↗
- MARTINE ROELENS became a director. NBB
- New establishment in Wervik. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 101,066 profit in 2022 to € 73,787 profit in 2025.
Paid € 128,194 in corporate taxes since 2022.
Best year ever: 2023, with € 118,270 profit.
On average € 123,400 of value added per employee in 2025.
Management
Behind VANDAELE GEERT are MARTINE ROELENS and GEERT VANDAELE.
Directors
According to the 2025 annual accounts
MARTINE ROELENS
Director
since 2023
GEERT VANDAELE
Manager
Establishments
Establishment units
Physical locations of this company
Kruisekestraat 205
8940 Wervik
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.
Similar companies in West Flanders
Same main activity (Vervaardiging van motorvoertuigen), 17 active companies in West Flanders, largest first.
€ 121 million revenue · 2025 · Roeselare
€ 81.2 million revenue · 2025 · Staden
€ 30.8 million revenue · 2025 · Kortrijk
VANASSCHE Firefighting Engineering
€ 18.7 million revenue · 2025 · Harelbeke
€ 16.7 million revenue · 2025 · Oostende
€ 1.9 million gross margin · 2025 · Harelbeke
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- VANDAELE Geert Omer(oprichter-vennoot) 50%
- ROELENS Martine Hilde Liesbet(oprichter-vennoot) 50%
Details
- Company number
- 0882.012.981
- VAT number
- BE 0882.012.981
- Registered office
- Kruisekestraat 205, 8940 Wervik
- Names & denominations
- VANDAELE GEERT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 June 2006
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
Vervaardiging van motorvoertuigen
Algemene elektrotechnische installatiewerken
Elektrische installatie
Verspanend bewerken van metalen
Schrijnwerk
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Algemene metaalbewerking
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