Financials
Financial year 2025
VANDEVELDE ENGINEERING from Waregem, company number BE0885583769, closed financial year 2025 with a result of € 6,231 after tax. For that financial year VANDEVELDE ENGINEERING recorded a gross margin of € 32,384 and equity of € 75,165. Compared with financial year 2024, the result moved from € 1,272 to € 6,231. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 30, 2026.
€ 75,165
▼ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,231
▲ € 4,959 vs 2024
Profit after tax over the fiscal year.
€ 39,605
▲ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 38,555 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 69
▼ 98% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 115,336
▼ 10% vs 2024
€ 9,575 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 6,096
▲ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,327
▲ 83% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 56,850 | € 26,893 | € 27,684 | € 32,384 | ▲ 17% |
| Profit after taxes | € 26,357 | € 1,541 | € 1,272 | € 6,231 | ▲ € 4,959 |
| Equity | € 126,447 | € 115,729 | € 107,489 | € 75,165 | ▼ 30% |
| Total debts | € 181,905 | € 177,885 | € 145,268 | € 166,314 | ▲ 14% |
| Cash | € 60,965 | € 49,499 | € 37,610 | € 39,605 | ▲ 5% |
| Land & buildings | € 177,556 | € 165,223 | € 152,891 | € 140,558 | ▼ 8% |
| Retained profit | € 107,847 | € 97,129 | € 87,029 | € 54,705 | ▼ 37% |
| Dividend | € 0 | € 12,259 | € 9,512 | € 38,555 | ▲ € 29,043 |
| Bank debt | € 166,104 | € 147,875 | € 128,093 | € 115,336 | ▼ 10% |
| Balance sheet total | € 308,352 | € 293,614 | € 252,757 | € 241,479 | ▼ 4% |
Key figures of VANDEVELDE ENGINEERING, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to VANDEVELDE ENGINEERING?
What happened at VANDEVELDE ENGINEERING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6,231 (▲ € 4,959 vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 26,357 profit in 2022 to € 6,231 profit in 2025.
Paid € 14,486 in corporate taxes since 2022.
Best year ever: 2022, with € 26,357 profit.
Paid out € 60,326 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind VANDEVELDE ENGINEERING is Frank Vandevelde.
Directors
According to the 2025 annual accounts
Frank Vandevelde
Director
Establishments
Establishment units
Physical locations of this company
Grote Heerweg 182
8791 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0885.583.769
- VAT number
- BE 0885.583.769
- Registered office
- Grote Heerweg 182, 8791 Waregem
- Names & denominations
- VANDEVELDE ENGINEERING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 December 2006
- Peppol
- Active · Active since 21 Oct 2025
- Activities · NACE
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