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 59 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VLEESWAREN HOSTE from Maldegem, company number BE0888216033, closed financial year 2025 with a result of € 55,930 after tax. For that financial year VLEESWAREN HOSTE recorded revenue of € 4 million and equity of € 804,723. Compared with financial year 2024, the result moved from € 47,065 to € 55,930. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 13, 2026.
€ 804,723
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 55,930
▲ 19% vs 2024
Profit after tax over the fiscal year.
€ 48,205
▼ 59% 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 € 654,723.
People and assets in 2025
6.5
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 427,063
▼ 6% vs 2024
€ 65,700 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.
€ 40,287
▼ 36% vs 2024
Of which on lease € 40,287.
Debts at end 2025
€ 655,644
▼ 10% vs 2024
€ 48,597 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1.3 million
▲ 131% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 136 days on average.
€ 88,981
▼ 26% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,329,765 | € 3,741,996 | € 4,071,153 | € 3,990,691 | ▼ 2% |
| Profit after taxes | € 124,661 | € 45,862 | € 47,065 | € 55,930 | ▲ 19% |
| Equity | € 655,867 | € 701,729 | € 748,794 | € 804,723 | ▲ 7% |
| Total debts | € 2,055,153 | € 2,006,249 | € 1,439,994 | € 2,075,574 | ▲ 44% |
| Cash | € 21,482 | € 8,503 | € 118,661 | € 48,205 | ▼ 59% |
| Land & buildings | € 771,010 | € 705,626 | € 640,622 | € 575,875 | ▼ 10% |
| Retained profit | € 505,867 | € 551,729 | € 598,794 | € 654,723 | ▲ 9% |
| Bank debt | € 890,746 | € 804,817 | € 726,712 | € 655,644 | ▼ 10% |
| Balance sheet total | € 2,711,020 | € 2,707,978 | € 2,188,788 | € 2,880,298 | ▲ 32% |
| Employees (FTE) | 6.4 | 7.2 | 7.1 | 6.5 | ▼ 0.6 |
Key figures of VLEESWAREN HOSTE, 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 VLEESWAREN HOSTE?
What happened at VLEESWAREN HOSTE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Koen Damme stepped down as director. NBB
- Matheo Cornelis stepped down as director. NBB
- Valerie Cornelis stepped down as director. NBB
- Dirk Cornelis stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 55,930 (▲ 19% vs 2024). filed late Source: NBB ↗
- Koen Damme became a director. NBB
- Matheo Cornelis became a director. NBB
- Valerie Cornelis became a director. NBB
In short
From € 124,661 profit in 2022 to € 55,930 profit in 2025.
Paid € 115,945 in corporate taxes since 2022.
Best year ever: 2022, with € 124,661 profit.
Pays suppliers within 136 days on average.
Management
The stake of GANDA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VLEESWAREN HOSTEThe shares are held by GANDA (99%).
Directors
According to the 2025 annual accounts
Koen Damme
Managing director
Owns 9.9% via GANDA
Also active at: VLEESWAREN CORMA, B & S, EMERAUDE, GANDA, MA-VIAN
since 2024 · until 2030
since 2024 · until 2030
since 2024 · until 2030
Dirk Cornelis
Director
Owns 59.4% via GANDA
Also active at: VLEESWAREN CORMA, B & S, BELGIUM DELI, INTERMAR SERVICE, EMERAUDE, COMEX, GANDA
since 2024 · until 2030
Shareholders
GANDA · holding of Dirk Cornelis
99%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bogaardestraat 230/A
9990 Maldegem
Bogaardestraat 230 box A
9990 Maldegem
Active since 23 March 2007
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0888.216.033
- VAT number
- BE 0888.216.033
- Registered office
- Bogaardestraat 230/A, 9990 Maldegem
- Names & denominations
- VLEESWAREN HOSTE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 March 2007
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van producten van vlees of van vlees van gevogelte
Vervaardiging van verse vleeswaren en van vleesconserven
Verwerking en conservering van vis en van schaal- en weekdieren
Activiteiten van slachthuizen
Verwerking en conservering van vis en vervaardiging van verse visproducten
Productie van vers vlees
Verwerking en conservering van vlees, exclusief vlees van gevogelte