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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Shrinking team NBB
FTE fell two years in a row, from 1.5 to 1.
Financials
Financial year 2025
Waaslandse Rijwielcentrale from Lokeren, company number BE0405085559, closed financial year 2025 with a result of € 356,979 after tax. For that financial year Waaslandse Rijwielcentrale recorded a gross margin of € 693,158 and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 302,576 to € 356,979. Profitable, and profit is growing. 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 August 31, 2026.
€ 2.1 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 356,979
▲ 18% vs 2024
Profit after tax over the fiscal year.
€ 435,421
▲ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 183,911 paid out
52 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
1
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 97,743
▲ 11% vs 2024
€ 97,700 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.
€ 1,120
▼ 54% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2 million
▲ 221% vs 2024
€ 236,478 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 69,204
▼ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 51,595
▼ 45% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,078,852 | € 775,449 | € 659,000 | € 693,158 | ▲ 5% |
| Profit after taxes | € 678,664 | € 276,444 | € 302,576 | € 356,979 | ▲ 18% |
| Equity | € 1,480,455 | € 1,636,899 | € 1,939,475 | € 2,112,542 | ▲ 9% |
| Total debts | € 1,154,059 | € 1,138,655 | € 976,372 | € 2,584,508 | ▲ 165% |
| Cash | € 639,080 | € 233,741 | € 306,435 | € 435,421 | ▲ 42% |
| Land & buildings | € 1,540,144 | € 1,469,775 | € 1,377,941 | € 1,311,567 | ▼ 5% |
| Retained profit | € 1,346,918 | € 1,503,362 | € 1,805,938 | € 1,979,006 | ▲ 10% |
| Dividend | € 78,000 | € 120,000 | € 0 | € 183,911 | |
| Bank debt | € 895,643 | € 745,143 | € 621,545 | € 1,994,999 | ▲ 221% |
| Balance sheet total | € 2,762,706 | € 2,803,746 | € 2,915,847 | € 4,697,051 | ▲ 61% |
| Employees (FTE) | - | 1.5 | 1.2 | 1 | ▼ 0.2 |
By gross margin, Waaslandse Rijwielcentrale ranks 1st of 5 companies with main activity “Groothandel in sport- en kampeerartikelen, met uitzondering van fietsen” in Lokeren that publish figures (fiscal year 2025).
Key figures of Waaslandse Rijwielcentrale, 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.
Ask about Waaslandse Rijwielcentrale the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to Waaslandse Rijwielcentrale?
What happened at Waaslandse Rijwielcentrale in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 356,979 (▲ 18% vs 2024). filed late Source: NBB ↗
- Sam Smet became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Lokeren. KBO
In short
From € 678,664 profit in 2022 to € 356,979 profit in 2025.
Paid € 556,648 in corporate taxes since 2022.
Best year ever: 2022, with € 678,664 profit.
On average € 693,200 of value added per employee in 2025.
Management
Behind Waaslandse Rijwielcentrale is Sam Smet. It owns 100% of Geli itself.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Klipsenstraat 28
9160 Lokeren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Lokeren
Same main activity (Groothandel in sport- en kampeerartikelen, met uitzondering van fietsen), 5 active companies in Lokeren, largest first.
€ 290,053 gross margin · 2025
€ 139,358 gross margin · 2025
€ 39,540 gross margin · 2025
€ 5,103 gross margin · 2025
Details
- Company number
- 0405.085.559
- VAT number
- BE 0405.085.559
- Registered office
- Klipsenstraat 28, 9160 Lokeren
- Names & denominations
- Waaslandse Rijwielcentrale · W.R.C.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 2 Jan 2026
- Activities · NACE
Groothandel in sport- en kampeerartikelen, met uitzondering van fietsen
Groothandel in sport- en kampeerartikelen, rijwielen en onderdelen en toebehoren daarvan, spellen en speelgoed