Financials
Financial year 2026
GROEP VANDEN AVENNE COMMODITIES from Kortrijk, company number BE0884939017, closed financial year 2026 with a result of € 17.4 million after tax. For that financial year GROEP VANDEN AVENNE COMMODITIES recorded revenue of € 617,816 and equity of € 219.7 million. Compared with financial year 2025, the result moved from € 51.5 million to € 17.4 million. 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 October 23, 2026.
€ 219.7 million
▲ 7% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17.4 million
▼ 66% vs 2025
Profit after tax over the fiscal year.
€ 179,895
▲ 63% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 4 million paid out
23 % of the profit went to the shareholders, mostly to OPHIR (50 % of the shares). That is where the money ends up.
People and assets in 2026
6.3
▲ 0.4 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 610,206
▼ 12% vs 2025
€ 96,900 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.
€ 77,655
▼ 31% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 5.7 million
▼ 33% vs 2025
€ 2.9 million is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 28,736
▼ 11% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 29 days on average.
€ 261,184
▲ 102% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 556,043 | € 635,633 | € 625,146 | € 617,816 | ▼ 1% |
| Profit after taxes | € 33,527,365 | € 26,404,837 | € 51,502,989 | € 17,361,818 | ▼ 66% |
| Equity | € 136,284,514 | € 154,689,015 | € 206,192,003 | € 219,689,046 | ▲ 7% |
| Total debts | € 25,102,032 | € 24,953,887 | € 12,538,522 | € 10,371,376 | ▼ 17% |
| Cash | € 8,082 | € 109,398 | € 110,649 | € 179,895 | ▲ 63% |
| Land & buildings | € 660,000 | € 660,000 | € 660,000 | - | |
| Retained profit | € 118,724,514 | € 137,129,015 | € 188,632,003 | € 202,129,046 | ▲ 7% |
| Dividend | € 0 | € 8,000,336 | € 0 | € 4,000,168 | |
| Bank debt | € 22,411,714 | € 15,470,571 | € 8,571,429 | € 5,714,286 | ▼ 33% |
| Balance sheet total | € 161,386,546 | € 179,642,901 | € 218,730,525 | € 230,060,421 | ▲ 5% |
| Employees (FTE) | 5.3 | 5.7 | 5.9 | 6.3 | ▲ 0.4 |
Key figures of GROEP VANDEN AVENNE COMMODITIES, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to GROEP VANDEN AVENNE COMMODITIES?
What happened at GROEP VANDEN AVENNE COMMODITIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Xima nv stepped down as director. NBB
- Karman bv stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 17.4 million (▼ 66% vs 2025). Source: NBB ↗
- Karman bv became a director. NBB
- Xima nv became a director. NBB
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 33.5 million profit in 2023 to € 17.4 million profit in 2026.
Paid € 2 million in corporate taxes since 2023.
Best year ever: 2025, with € 51.5 million profit.
Paid out € 12 million in dividends to the owners in total.
Management
The stake of OPHIR, XIMA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GROEP VANDEN AVENNE COMMODITIESThe shares are held by OPHIR (50%) and XIMA (50%). It owns 100% of Van Den Avenne Commodities, 100% of Traflaco, 100% of Immo VVC, 100% of Galaven Tara, 100% of Salcaven and 100% of Motaven itself.
Directors
According to the 2026 annual accounts
Managing director · represented by Karel Vandermeersch
Also active at: VANDEN AVENNE COMMODITIES, Trading Flanders Company, OPHIR, Brouwcompagnie Rolling Hills, Immo VVC
since 2025 · until 2031
Managing director · represented by Xavier Van den Avenne
Also active at: VANDEN AVENNE COMMODITIES, Trading Flanders Company, Adviesbureau voor Bedrijfsbeheer, Immo VVC
since 2025 · until 2031
Participations
100%
100%
Galaven Tara
100%
Salcaven
100%
Motaven
100%
Legunea
100%
51%
40%
30%
20%
Establishments
Establishment units
Physical locations of this company
Engelse Wandeling(Kor) 2-F03V
8500 Kortrijk
Zuidkaai 12
8870 Izegem
Active since 1 June 2007
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0884.939.017
- VAT number
- BE 0884.939.017
- Registered office
- Engelse Wandeling(Kor) 2-F03V, 8500 Kortrijk
- Names & denominations
- GROEP VANDEN AVENNE COMMODITIES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 November 2006
- Peppol
- Active · Active since 30 Oct 2025
- Contact
- vda.be
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Holdings