ACTIVE

LANDBOUWWERKEN VANDEMAELE

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Financial year 2025 · closed on 28/02/2025

Net result

-122,6 k €

-792.1% YoY

Gross margin

1,2 M €

+11.8% YoY

Equity

2,5 M €

-10.4% YoY

Workforce

6,3 ETP

+6.8% YoY

What does LANDBOUWWERKEN VANDEMAELE do?

LANDBOUWWERKEN VANDEMAELE is a Public limited company incorporated in 1993. Its main activity is: Raising of dairy cattle. Its registered office is in Lendelede. It employs on average 6,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0450.943.892

Incorporation

27/09/1993

Legal form

Public limited company

Registered office

Beiaardstraat 6
8860 Lendelede · FlandreSee on map

Contributed capital

893 500,00 €

Latest accounts

28/02/2025

Average workforce

6,3 ETP

Activities (NACE)

01410Raising of dairy cattle· main 01610Support activities for crop production 01610Support activities for crop production 43120Site preparation 43120Site preparation 49410Freight transport by road+1

Joint committees (1)

Contacts

3 public details availableLog in to view

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	1,2 M €	+11.8%	1,1 M €	-9.5%	1,2 M €	-19.2%	1,5 M €	+41.0%	1,1 M €	-7.0%	1,2 M €	-0.5%	1,2 M €	-5.6%	1,2 M €	-14.4%	1,4 M €	+28.9%	1,1 M €	+16.1%	962,7 k €	-23.7%	1,3 M €	+6.6%	1,2 M €	+21.9%	970,7 k €	-3.7%	1 M €	+19.2%	845,6 k €	-1.9%	862,3 k €	-10.2%	960,2 k €	+1.5%	946,4 k €
EBITDA	817,5 k €	+12.3%	728,2 k €	-16.6%	873,6 k €	-26.1%	1,2 M €	+66.4%	710,9 k €	-11.1%	799,4 k €	-4.0%	832,7 k €	-6.1%	886,4 k €	-19.6%	1,1 M €	+40.1%	787,4 k €	+18.2%	666 k €	-31.2%	967,7 k €	+8.9%	888,6 k €	+24.7%	712,6 k €	-11.0%	801,1 k €	+24.3%	644,3 k €	-5.6%	682,5 k €	-13.6%	790 k €	-2.3%	808,3 k €
Operating result	-90,5 k €	-1544%	6,3 k €	-97.8%	281,7 k €	-53.8%	610 k €	+164%	231 k €	+51.0%	153 k €	+66.6%	91,8 k €	+3666%	2,4 k €	-98.8%	199,1 k €	+790%	22,4 k €	+121%	-109,1 k €	-160%	183,2 k €	+5.3%	173,9 k €	+489%	-44,7 k €	-133%	134,2 k €	+175%	48,7 k €	-38.9%	79,8 k €	-26.3%	108,3 k €	-35.8%	168,6 k €
Net result	-122,6 k €	-792%	-13,7 k €	-106%	231,3 k €	-59.9%	576,5 k €	+189%	199,6 k €	+69.9%	117,5 k €	+49.8%	78,4 k €	+366%	-29,5 k €	-116%	186,3 k €	+2286%	7,8 k €	+107%	-115,9 k €	-168%	171,6 k €	+1.5%	169,1 k €	+517%	-40,5 k €	-126%	157,2 k €	+504%	26 k €	-66.5%	77,6 k €	-19.7%	96,5 k €	-33.8%	145,8 k €
Balance sheet
Equity	2,5 M €	-10.4%	2,8 M €	-0.5%	2,9 M €	+8.8%	2,6 M €	+28.2%	2 M €	+10.8%	1,8 M €	+6.8%	1,7 M €	+4.7%	1,7 M €	-1.8%	1,7 M €	+12.5%	1,5 M €	+0.5%	1,5 M €	-7.2%	1,6 M €	+6.1%	1,5 M €	+12.6%	1,3 M €	-2.9%	1,4 M €	+12.8%	1,2 M €	+2.2%	1,2 M €	+6.9%	1,1 M €	+9.4%	1 M €
Total assets	3,8 M €	+3.3%	3,6 M €	-5.4%	3,9 M €	+9.8%	3,5 M €	+28.3%	2,7 M €	+9.5%	2,5 M €	-2.0%	2,5 M €	-6.6%	2,7 M €	+3.8%	2,6 M €	+25.0%	2,1 M €	+0.1%	2,1 M €	-12.2%	2,4 M €	+2.3%	2,3 M €	-3.2%	2,4 M €	-9.2%	2,7 M €	+26.7%	2,1 M €	-5.4%	2,2 M €	-8.6%	2,4 M €	-3.0%	2,5 M €
Cash	485,8 k €	-13.2%	559,8 k €	-23.5%	732,1 k €	-30.9%	1,1 M €	+68.2%	629,8 k €	-12.5%	719,7 k €	-2.2%	736,2 k €	-12.2%	838,9 k €	+61.2%	520,5 k €	+2.9%	505,8 k €	-23.4%	660,2 k €	-2.4%	676,4 k €	-11.3%	762,9 k €	+141188%	539,9 €	-99.9%	896,8 k €	+72.8%	519,1 k €	-16.8%	624,2 k €	-27.0%	855,1 k €	+23.4%	693,1 k €
Debts	1,2 M €	+51.9%	803 k €	-19.5%	997,3 k €	+12.7%	885,2 k €	+28.8%	687,4 k €	+5.7%	650,3 k €	-20.5%	817,7 k €	-24.1%	1,1 M €	+13.6%	948 k €	+55.7%	608,9 k €	-0.8%	613,9 k €	-20.7%	774,2 k €	-4.7%	812,4 k €	-23.2%	1,1 M €	-16.2%	1,3 M €	+48.9%	848 k €	-16.7%	1 M €	-22.0%	1,3 M €	-11.6%	1,5 M €
Other
Workforce	6,3 ETP	+6.8%	5,9 ETP	+1.7%	5,8 ETP	+28.9%	4,5 ETP	-31.8%	6,6 ETP	-4.3%	6,9 ETP	-5.5%	7,3 ETP	-7.6%	7,9 ETP	+2.6%	7,7 ETP	+4.1%	7,4 ETP	+7.2%	6,9 ETP	+4.5%	6,6 ETP	+1.5%	6,5 ETP	-4.4%	6,8 ETP	+23.6%	5,5 ETP	+12.2%	4,9 ETP	+4.3%	4,7 ETP	0.0%	4,7 ETP	+17.5%	4,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 28/02/2025 · 3 active · 31 ended

Active mandates

Johan Vanhollebeke

Director · since 19 mars 2025 · until 23 août 2031

Active

ALGUMA INVEST

Managing director · since 30 septembre 2022 · until 28 septembre 2028 · 0828.799.771

Represented by Evelien Vandemaele

Active

Dries Vandemaele

Director · since 30 septembre 2022 · until 28 septembre 2028

Active

Ended mandates

Corinne Goddeeris

Director · since 30 septembre 2022 · until 28 septembre 2028

Ended

ALGUMA INVEST

Managing director · since 15 juillet 2016 · until 15 juillet 2022 · 0828.799.771

Represented by Evelien Vandemaele

Ended

Corinne GODDEERIS

Director · since 15 juillet 2016 · until 15 juillet 2022

Ended

Dries VANDEMAELE

Director · since 15 juillet 2016 · until 15 juillet 2022

Ended

At this address

Other companies at this address

Company	CBE no.
ALGUMA INVEST● Active	0828.799.771
Codrivan● Active	1028.651.544
HoVan Agro● Active	0627.894.658
Marjolie● Active	1028.660.848

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/03/2024	01/03/2023	01/03/2022	01/03/2021	01/03/2020	01/03/2019
Closing of the financial year	28/02/2025	29/02/2024	28/02/2023	28/02/2022	28/02/2021	28/02/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/09/2025	30/10/2024	16/10/2023	13/10/2022	02/11/2021	25/11/2020
General meeting	22/08/2025	19/07/2024	15/09/2023	30/09/2022	27/08/2021	30/10/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	28/02/2025	22/08/2025	22/09/2025	Dutch	PDF
Abridged model	29/02/2024	19/07/2024	30/10/2024	Dutch	PDF
Abridged modelCorrection	28/02/2023	15/09/2023	16/10/2023	Dutch	PDF
Abridged model	28/02/2023	15/09/2023	05/10/2023	Dutch	PDF
Abridged model	28/02/2022	30/09/2022	13/10/2022	Dutch	PDF
Abridged model	28/02/2021	27/08/2021	02/11/2021	Dutch	PDF
Abridged model	28/02/2020	30/10/2020	25/11/2020	Dutch	PDF
Abridged model	28/02/2019	16/09/2019	21/10/2019	Dutch	PDF
Abridged model	28/02/2018	20/07/2018	01/10/2018	Dutch	PDF
Abridged model	28/02/2017	24/07/2017	26/09/2017	Dutch	PDF
Abridged model	29/02/2016	15/07/2016	17/10/2016	Dutch	PDF
Abridged model	28/02/2015	17/07/2015	08/10/2015	Dutch	PDF
Abridged model	28/02/2014	18/07/2014	01/10/2014	Dutch	PDF
Abridged model	28/02/2013	19/07/2013	24/09/2013	Dutch	PDF
Abridged model	29/02/2012	20/07/2012	27/09/2012	Dutch	PDF
Abridged model	28/02/2011	15/07/2011	07/11/2011	Dutch	PDF
Abridged model	28/02/2010	16/07/2010	29/09/2010	Dutch	PDF
Abridged model	28/02/2009	17/07/2009	28/09/2009	Dutch	PDF
Abridged model	29/02/2008	16/05/2008	21/10/2008	Dutch	PDF
Abridged model	28/02/2007	18/05/2007	03/09/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 28/02/2025 · 3 active · 31 ended

Active mandates

Johan Vanhollebeke

Director · since 19 mars 2025 · until 23 août 2031

Active

ALGUMA INVEST

Managing director · since 30 septembre 2022 · until 28 septembre 2028 · 0828.799.771

Represented by Evelien Vandemaele

Active

Dries Vandemaele

Director · since 30 septembre 2022 · until 28 septembre 2028

Active

Ended mandates

Corinne Goddeeris

Director · since 30 septembre 2022 · until 28 septembre 2028

Ended

ALGUMA INVEST

Managing director · since 15 juillet 2016 · until 15 juillet 2022 · 0828.799.771

Represented by Evelien Vandemaele

Ended

Corinne GODDEERIS

Director · since 15 juillet 2016 · until 15 juillet 2022

Ended

Dries VANDEMAELE

Director · since 15 juillet 2016 · until 15 juillet 2022

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/04/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates27/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/11/2016
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/03/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates26/07/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/09/2010
ONTSLAGEN - BENOEMINGEN
PDF
Other03/03/2008
DIVERSEN
PDF
Mandates25/02/2008
DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2025
Annual accounts 2025-122,6 k €↓
2024
Annual accounts 2024-13,7 k €↓
2023
Annual accounts 2023231,3 k €↓
2022
Annual accounts 2022576,5 k €↑
2021
Annual accounts 2021199,6 k €↑
2020
Annual accounts 2020117,5 k €↑
2019
Annual accounts 201978,4 k €↑
2018
Annual accounts 2018-29,5 k €↓
2017
Annual accounts 2017186,3 k €↑
2016
Annual accounts 20167,8 k €↑
2015
Annual accounts 2015-115,9 k €↓
2014
Annual accounts 2014171,6 k €↑
2013
Annual accounts 2013169,1 k €↑
2012
Annual accounts 2012-40,5 k €↓
2011
Annual accounts 2011157,2 k €↑
2010
Annual accounts 201026 k €↓
2009
Annual accounts 200977,6 k €↓
2008
Annual accounts 200896,5 k €↓
2007
Annual accounts 2007145,8 k €
27/09/1993
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

LANDBOUWWERKEN VANDEMAELE

Overview

What does LANDBOUWWERKEN VANDEMAELE do?

Trend over 19 financial years

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