Financials
Financial year 2025
VAWI from Antwerpen, company number BE0404827025, closed financial year 2025 with a result of € 469,013 after tax. For that financial year VAWI recorded revenue of € 73.4 million and equity of € 8.3 million. Compared with financial year 2024, the result moved from € 918,920 to € 469,013. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 28, 2026.
€ 8.3 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 469,013
▼ 49% vs 2024
Profit after tax over the fiscal year.
€ 8,884
▼ 45% 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 € 8 million.
People and assets in 2025
154
▲ 20.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 10.7 million
▲ 14% vs 2024
€ 69,400 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.
€ 2.1 million
▼ 4% vs 2024
Of which on lease € 2 million.
Debts at end 2025
€ 4.3 million
▲ 20% vs 2024
€ 1.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 5.7 million
▲ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 34 days on average.
€ 1.5 million
▲ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 50,163,754 | € 62,341,135 | € 67,428,062 | € 73,402,708 | ▲ 9% |
| Profit after taxes | € 510,298 | € 1,458,562 | € 918,920 | € 469,013 | ▼ 49% |
| Equity | € 5,503,218 | € 6,961,780 | € 7,880,700 | € 8,349,713 | ▲ 6% |
| Total debts | € 9,338,724 | € 9,826,948 | € 10,139,047 | € 11,524,924 | ▲ 14% |
| Cash | € 32,690 | € 45,505 | € 16,053 | € 8,884 | ▼ 45% |
| Land & buildings | € 1,605,919 | € 1,500,396 | € 1,366,415 | € 4,236,278 | ▲ 210% |
| Retained profit | € 5,203,468 | € 6,662,030 | € 7,580,949 | € 8,049,962 | ▲ 6% |
| Bank debt | € 3,030,743 | € 2,955,842 | € 3,603,700 | € 4,320,675 | ▲ 20% |
| Balance sheet total | € 14,841,942 | € 16,788,729 | € 18,019,747 | € 19,874,637 | ▲ 10% |
| Employees (FTE) | 116.4 | 129.9 | 133.2 | 154 | ▲ 20.8 |
Key figures of VAWI, 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 VAWI?
What happened at VAWI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Philippe Geldof stepped down as director. NBB
- Achiel De Witte stepped down as director. NBB
- Jurgen De Witte stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 469,013 (▼ 49% vs 2024). Source: NBB ↗
- Philippe Geldof became a director. NBB
- Achiel De Witte became a director. NBB
- Jurgen De Witte became a director. NBB
- New establishment in Antwerpen. KBO
In short
From € 510,298 profit in 2022 to € 469,013 profit in 2025.
Paid € 1.5 million in corporate taxes since 2022.
Best year ever: 2023, with € 1.5 million profit.
Pays suppliers within 34 days on average.
Management
The stake of DE WITTE-DE BLICK comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VAWIThe shares are held by DE WITTE-DE BLICK (99.6%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
since 2023 · until 2029
Jurgen De Witte
Managing director
Also active at: ADW Fresh Trade, CENTRAL FRUIT, Antwerpse Overdekte Markt, Criee-Van de Poel-Vermeulen-Roosemeyers, FRUDICOM, VAN DIJK FOODS BELGIUM, Rodiers en zonen, DE SWERT +30 more
since 2023 · until 2029
Shareholders
99.6%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kielsbroek 29
2020 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0404.827.025
- VAT number
- BE 0404.827.025
- Registered office
- Kielsbroek 29, 2020 Antwerpen
- Names & denominations
- VAWI
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 February 1949
- Peppol
- Active · Active since 23 Oct 2025
- Activities · NACE
Groothandel in groenten en fruit
Groothandel in groenten en fruit, muv consumptieaardappelen