ACTIVE

VANDEWIELE

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Financial year 2025 · closed on 31/12/2025
Net result
-45,3 M €
-271.3% YoY
Revenue
83,2 M €
-32.7% YoY
Equity
324,4 M €
-12.3% YoY
Workforce
464,3 ETP
-6.1% YoY

What does VANDEWIELE do?

VANDEWIELE is a Public limited company incorporated in 1968. Its registered office is in Kortrijk. It employs on average 464,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0405.450.595
Incorporation
01/01/1968
Legal form
Public limited company
Registered office
Michel Vandewielestraat(Mar) 7
8510 Kortrijk · FlandreSee on map
Contributed capital
2 479 000,00 €
Latest accounts
31/12/2025
Average workforce
464,3 ETP
Joint committees (2)
  • 111
  • 209
Signals
Solid equityHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue83,2 M €123,6 M €175,7 M €244,7 M €220,1 M €160,9 M €127,9 M €197,1 M €265 M €214,9 M €239,5 M €300,5 M €248,6 M €246,1 M €229,3 M €206,1 M €120,6 M €185,1 M €209,6 M €193,6 M €
EBITDA-52,3 M €-27,3 M €-22,2 M €18,8 M €19,8 M €1,4 M €-35,5 M €-5,4 M €50,5 M €29,5 M €36 M €69,5 M €49,6 M €49,2 M €56,6 M €40,3 M €15,4 M €22,6 M €35,3 M €31,6 M €
Operating result-67 M €-41,7 M €-30,9 M €6,2 M €10 M €-21,8 M €-48 M €-17,4 M €39,8 M €16,1 M €21,7 M €57,4 M €38,3 M €37,7 M €45,5 M €33 M €7,8 M €15 M €29,2 M €26,5 M €
Net result-45,3 M €26,4 M €-26,1 M €64,1 M €79,1 M €-45,6 M €-2,3 M €151,7 M €52,7 M €-10 M €15,2 M €41,3 M €32,5 M €27,3 M €36,1 M €33,4 M €4,9 M €21,6 M €22,3 M €22,2 M €
Balance sheet
Equity324,4 M €369,7 M €343,2 M €369,3 M €305,2 M €226,1 M €271,7 M €274 M €365,1 M €312,4 M €323 M €307,8 M €266,5 M €234 M €206,7 M €170,6 M €137,2 M €131,8 M €110,2 M €87,8 M €
Total assets939,5 M €915,3 M €945,5 M €1 Md €1,1 Md €843,5 M €913,9 M €930,9 M €1,2 Md €1,2 Md €924 M €819,1 M €617,3 M €545,7 M €423,9 M €438 M €319,2 M €322,2 M €312,5 M €304,6 M €
Cash13,4 M €1,7 M €4,4 M €7,2 M €12,5 M €36,9 M €61,7 M €13,1 M €11,4 M €6,6 M €4,9 M €6,7 M €22 M €2,9 M €1,4 M €3,6 M €5,1 M €3,8 M €1,1 M €4 M €
Debts604 M €535 M €590,2 M €624 M €798,6 M €609,6 M €632,7 M €646,8 M €852,1 M €835,4 M €588,5 M €493 M €334,4 M €295,7 M €203,4 M €237,4 M €170,9 M €175,4 M €191,8 M €203,8 M €
Other
Workforce464,3 ETP494,7 ETP528,8 ETP584,6 ETP579,7 ETP594,7 ETP697,3 ETP647,3 ETP625,3 ETP594,7 ETP624,8 ETP606,1 ETP610,0 ETP597,7 ETP600,5 ETP563,7 ETP534,5 ETP592,8 ETP594,6 ETP587,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 15 ended

Active mandates

Charles Beauduin

Director · since 09 mai 2023 · until 08 mai 2029

Active
Bernadette de Bethune

Director · since 11 mai 2021 · until 13 mai 2027

Active
Thomas Beauduin

Director · since 11 mai 2021 · until 13 mai 2027

Active

Ended mandates

Charles Beauduin

Director · since 09 mai 2017 · until 09 mai 2023

Ended
VAN ZELE HOLDING

Director · since 09 mai 2017 · until 09 mai 2023 · 0866.808.529

Represented by Eric Van Zele

Ended
Beauduin Thomas

Director · since 12 mai 2015 · until 11 mai 2021

Ended
Bernadette de Bethune

Director · since 12 mai 2015 · until 11 mai 2021

Ended
At this address

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VAN DE WIELE COORDINATIECENTRUM● Active
0472.760.479
VANDEWIELE GROUP● Active
0401.868.624
VDW Conso● Active
1011.984.964
VDW-GROUP● Active
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/06/202610/06/202504/06/202405/06/202323/05/202218/10/2021
General meeting12/05/202613/05/202514/05/202409/05/202310/05/202211/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

40 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202512/05/202602/06/2026DutchPDF
Consolidated accounts31/12/202512/05/202608/06/2026DutchPDF
Full model31/12/202413/05/202510/06/2025DutchPDF
Consolidated accounts31/12/202413/05/202510/06/2025DutchPDF
Full model31/12/202314/05/202404/06/2024DutchPDF
Consolidated accounts31/12/202314/05/202410/06/2024DutchPDF
Full model31/12/202209/05/202305/06/2023DutchPDF
Consolidated accounts31/12/202209/05/202305/06/2023DutchPDF
Full model31/12/202110/05/202223/05/2022DutchPDF
Consolidated accounts31/12/202110/05/202223/05/2022DutchPDF
Full model31/12/202011/05/202118/10/2021DutchPDF
Consolidated accounts31/12/202011/05/202108/06/2021DutchPDF
Full model31/12/201912/05/202003/06/2020DutchPDF
Consolidated accounts31/12/201912/05/202012/06/2020DutchPDF
Full model31/12/201814/05/201928/05/2019DutchPDF
Consolidated accounts31/12/201814/05/201912/06/2019DutchPDF
Full model31/12/201708/05/201823/05/2018DutchPDF
Consolidated accounts31/12/201708/05/201830/05/2018DutchPDF
Full model31/12/201609/05/201708/06/2017DutchPDF
Consolidated accounts31/12/201609/05/201708/06/2017DutchPDF
Full model31/12/201510/05/201626/05/2016DutchPDF
Consolidated accounts31/12/201510/05/201627/05/2016DutchPDF
Full model31/12/201412/05/201527/05/2015DutchPDF
Consolidated accounts31/12/201412/05/201509/06/2015DutchPDF

View all 40 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 15 ended

Active mandates

Charles Beauduin

Director · since 09 mai 2023 · until 08 mai 2029

Active
Bernadette de Bethune

Director · since 11 mai 2021 · until 13 mai 2027

Active
Thomas Beauduin

Director · since 11 mai 2021 · until 13 mai 2027

Active

Ended mandates

Charles Beauduin

Director · since 09 mai 2017 · until 09 mai 2023

Ended
VAN ZELE HOLDING

Director · since 09 mai 2017 · until 09 mai 2023 · 0866.808.529

Represented by Eric Van Zele

Ended
Beauduin Thomas

Director · since 12 mai 2015 · until 11 mai 2021

Ended
Bernadette de Bethune

Director · since 12 mai 2015 · until 11 mai 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring05/11/2024
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring19/07/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Capital / shares25/03/2024
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates01/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares14/11/2022
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates28/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-45,3 M €↓
  2. 13/05/2025
    reconductionErnst & Young Bedrijfsrevisoren BCVBA — commissaris
  3. 2024
    Annual accounts 202426,4 M €↑
  4. 11/02/2024
    augmentation_capital
  5. 2023
    Annual accounts 2023-26,1 M €↓
  6. 09/05/2023
    reconductionCharles Beauduin — bestuurder
  7. 2022
    Annual accounts 202264,1 M €↓
  8. 10/05/2022
    reconductionPaul Eelen — commissaris
  9. 2021
    Annual accounts 202179,1 M €↑
  10. 2020
    Annual accounts 2020-45,6 M €↓
  11. 2019
    Annual accounts 2019-2,3 M €↓
  12. 2018
    Annual accounts 2018151,7 M €↑
  13. 2017
    Annual accounts 201752,7 M €↑
  14. 2016
    Annual accounts 2016-10 M €↓
  15. 2015
    Annual accounts 201515,2 M €↓
  16. 2014
    Annual accounts 201441,3 M €↑
  17. 2013
    Annual accounts 201332,5 M €↑
  18. 2012
    Annual accounts 201227,3 M €↓
  19. 2011
    Annual accounts 201136,1 M €↑
  20. 2010
    Annual accounts 201033,4 M €↑
  21. 2009
    Annual accounts 20094,9 M €↓
  22. 2008
    Annual accounts 200821,6 M €↓
  23. 2007
    Annual accounts 200722,3 M €↑
  24. 2006
    Annual accounts 200622,2 M €
  25. 01/01/1968
    IncorporationPublic limited company