ACTIVE

VANDEWIELE

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Financial year 2025 · Closed on 31/12/2025

Net result-45,3 M €-271,3 %over 1 year

Revenue83,2 M €-32,7 %over 1 year

Equity324,4 M €-12,3 %over 1 year

Workforce464,3 ETP-6,1 %over 1 year

Identity

Source · BCE/KBO

VANDEWIELE is a Public limited company incorporated in 1968. Its main activity is: Manufacture of machinery for textile, apparel and leather production. 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

Activities (NACE)

28940Manufacture of machinery for textile, apparel and leather production· main 28940Manufacture of machinery for textile, apparel and leather production 29540Manufacture of motor vehicles, trailers and semi-trailers

Joint committees (2)

Signals

Solid equityHealthy social debtsHigh revenue

Financials

Source · NBB, 40 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	83,2 M €	-32.7%	123,6 M €	-29.6%	175,7 M €	-28.2%	244,7 M €	+11.2%	220,1 M €
EBITDA	-52,3 M €	-91.7%	-27,3 M €	-23.0%	-22,2 M €	-218%	18,8 M €	-5.1%	19,8 M €
Operating result	-67 M €	-60.9%	-41,7 M €	-34.8%	-30,9 M €	-599%	6,2 M €	-38.0%	10 M €
Net result	-45,3 M €	-271%	26,4 M €	+201%	-26,1 M €	-141%	64,1 M €	-19.1%	79,1 M €
Balance sheet
Equity	324,4 M €	-12.3%	369,7 M €	+7.7%	343,2 M €	-7.1%	369,3 M €	+21.0%	305,2 M €
Total assets	939,5 M €	+2.6%	915,3 M €	-3.2%	945,5 M €	-6.1%	1 Md €	-9.7%	1,1 Md €
Cash	13,4 M €	+694%	1,7 M €	-61.5%	4,4 M €	-39.1%	7,2 M €	-42.3%	12,5 M €
Debts	604 M €	+12.9%	535 M €	-9.4%	590,2 M €	-5.4%	624 M €	-21.9%	798,6 M €
Other
Workforce	464,3 ETP	-6.1%	494,7 ETP	-6.4%	528,8 ETP	-9.5%	584,6 ETP	+0.8%	579,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 15 ended

Active mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Charles Beauduin	Director	09/05/2023 → 08/05/2029
Bernadette de Bethune	Director	11/05/2021 → 13/05/2027	0
Thomas Beauduin	Director	11/05/2021 → 13/05/2027	00

Ended mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Charles Beauduin	Director	09/05/2017 → 09/05/2023
VAN ZELE HOLDING0866.808.529Represented by Eric Van Zele	Director	09/05/2017 → 09/05/2023	0
Beauduin Thomas	Director	12/05/2015 → 11/05/2021	00
Bernadette de Bethune	Director	12/05/2015 → 11/05/2021	0

Other companies at this address

Michel Vandewielestraat(Mar) 7 8510 Kortrijk

Company	CBE no.
FERROMATRIX● Active	0432.779.356
Hikari● Active	1003.147.076
Indimmo● Active	0451.580.431
VAN DE WIELE COORDINATIECENTRUM● Active	0472.760.479
VANDEWIELE GROUP● Active	0401.868.624
VDW Conso● Active	1011.984.964
VDW-GROUP● Active	0890.919.264

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/06/2026	10/06/2025	04/06/2024	05/06/2023	23/05/2022	18/10/2021
General meeting	12/05/2026	13/05/2025	14/05/2024	09/05/2023	10/05/2022	11/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 40 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	12/05/2026	02/06/2026	Dutch	PDF
Consolidated accounts	31/12/2025	12/05/2026	08/06/2026	Dutch	PDF
Full model	31/12/2024	13/05/2025	10/06/2025	Dutch	PDF
Consolidated accounts	31/12/2024	13/05/2025	10/06/2025	Dutch	PDF
Full model	31/12/2023	14/05/2024	04/06/2024	Dutch	PDF
Consolidated accounts	31/12/2023	14/05/2024	10/06/2024	Dutch	PDF
Full model	31/12/2022	09/05/2023	05/06/2023	Dutch	PDF
Consolidated accounts	31/12/2022	09/05/2023	05/06/2023	Dutch	PDF
Full model	31/12/2021	10/05/2022	23/05/2022	Dutch	PDF
Consolidated accounts	31/12/2021	10/05/2022	23/05/2022	Dutch	PDF
Full model	31/12/2020	11/05/2021	18/10/2021	Dutch	PDF
Consolidated accounts	31/12/2020	11/05/2021	08/06/2021	Dutch	PDF
Full model	31/12/2019	12/05/2020	03/06/2020	Dutch	PDF
Consolidated accounts	31/12/2019	12/05/2020	12/06/2020	Dutch	PDF
Full model	31/12/2018	14/05/2019	28/05/2019	Dutch	PDF
Consolidated accounts	31/12/2018	14/05/2019	12/06/2019	Dutch	PDF
Full model	31/12/2017	08/05/2018	23/05/2018	Dutch	PDF
Consolidated accounts	31/12/2017	08/05/2018	30/05/2018	Dutch	PDF
Full model	31/12/2016	09/05/2017	08/06/2017	Dutch	PDF
Consolidated accounts	31/12/2016	09/05/2017	08/06/2017	Dutch	PDF
Full model	31/12/2015	10/05/2016	26/05/2016	Dutch	PDF
Consolidated accounts	31/12/2015	10/05/2016	27/05/2016	Dutch	PDF
Full model	31/12/2014	12/05/2015	27/05/2015	Dutch	PDF
Consolidated accounts	31/12/2014	12/05/2015	09/06/2015	Dutch	PDF
Full model	31/12/2013	13/05/2014	21/05/2014	Dutch	PDF
Consolidated accounts	31/12/2013	13/05/2014	05/06/2014	Dutch	PDF
Full model	31/12/2012	14/05/2013	13/06/2013	Dutch	PDF
Consolidated accounts	31/12/2012	14/05/2013	12/06/2013	Dutch	PDF
Full model	31/12/2011	08/05/2012	06/06/2012	Dutch	PDF
Consolidated accounts	31/12/2011	01/01/9999	06/06/2012	Dutch	PDF
Full model	31/12/2010	10/05/2011	08/06/2011	Dutch	PDF
Consolidated accounts	31/12/2010	01/01/9999	08/06/2011	Dutch	PDF
Full model	31/12/2009	11/05/2010	09/06/2010	Dutch	PDF
Consolidated accounts	31/12/2009	01/01/9999	10/06/2010	Dutch	PDF
Full model	31/12/2008	12/05/2009	11/06/2009	Dutch	PDF
Consolidated accounts	31/12/2008	12/05/2009	30/06/2009	Dutch	PDF
Full model	31/12/2007	13/05/2008	10/06/2008	Dutch	PDF
Consolidated accounts	31/12/2007	01/01/9999	10/06/2008	Dutch	PDF
Full model	31/12/2006	08/05/2007	04/06/2007	Dutch	PDF
Consolidated accounts	31/12/2006	01/01/9999	30/05/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 15 ended

Active mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Charles Beauduin	Director	09/05/2023 → 08/05/2029
Bernadette de Bethune	Director	11/05/2021 → 13/05/2027	0
Thomas Beauduin	Director	11/05/2021 → 13/05/2027	00

Ended mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Charles Beauduin	Director	09/05/2017 → 09/05/2023
VAN ZELE HOLDING0866.808.529Represented by Eric Van Zele	Director	09/05/2017 → 09/05/2023	0
Beauduin Thomas	Director	12/05/2015 → 11/05/2021	00
Bernadette de Bethune	Director	12/05/2015 → 11/05/2021	0

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

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

Similar companies

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

See the Business plan

Timeline

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

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Michel Vandewielestraat(Mar) 7, 8510 MarkeCurrent	CBE, tracked since 27/09/2026	CBE
Michel Vandewielestraat 7, 8510 Marke	accounts 2022 → 2025	Accounts 2025 · 2026-00135623
Michel Vandewielestraat(Mar) 7, 8510 Marke	accounts 2021	Accounts 2021 · 2022-20035186

Annual accounts date a value by the financial year it appears in. The CBE dates a change to the day, but its history has only been kept since 27/09/2026.

VANDEWIELE

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices