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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
WES from Brugge, company number BE0408382668, closed financial year 2025 with a result of € -171,978 after tax. For that financial year WES recorded a gross margin of € 33,451 and equity of € 4.6 million. Compared with financial year 2024, the result moved from € -181,259 to € -171,978. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.
€ 4.6 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -171,978
▲ 5 % less loss than in 2024
Profit after tax over the fiscal year.
€ 29,617
▼ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
€ 37,992
▲ 11% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 18,462
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 20,533
▲ 21% vs 2024
Loans from banks and other lenders, long and short.
€ 21,946
▲ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,645
▼ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 154,425 | € 104,790 | € 28,740 | € 33,451 | ▲ 16% |
| Profit after taxes | € -126,783 | € -112,248 | € -181,259 | € -171,978 | ▲ € 9,282 |
| Equity | € 5,037,648 | € 4,925,400 | € 4,744,141 | € 4,572,163 | ▼ 4% |
| Total debts | € 106,773 | € 50,664 | € 61,469 | € 65,841 | ▲ 7% |
| Cash | € 29,205 | € 43,370 | € 46,339 | € 29,617 | ▼ 36% |
| Land & buildings | € 4,309,169 | € 4,199,615 | € 4,094,706 | € 3,990,465 | ▼ 3% |
| Retained profit | € 523,305 | € 411,057 | € 229,798 | € 57,820 | ▼ 75% |
| Bank debt | € 16,933 | € 16,933 | € 16,933 | € 20,533 | ▲ 21% |
| Balance sheet total | € 5,144,421 | € 4,976,064 | € 4,805,610 | € 4,638,004 | ▼ 3% |
Key figures of WES, 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.
What happened to WES?
What happened at WES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 171,978. Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 126,783 loss in 2022 to € 171,978 loss in 2025.
Paid € 120,322 in corporate taxes since 2022.
Management
Behind WES are Constant Beernaert, William De Groote and Norbert Vanhove. William De Groote is also behind DE JONGHE and CityD-WES.
Establishments
Establishment units
Physical locations of this company
Baron Ruzettelaan 27
8310 Brugge
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.
Details
- Company number
- 0408.382.668
- VAT number
- BE 0408.382.668
- Registered office
- Baron Ruzettelaan 27, 8310 Brugge
- Names & denominations
- WES
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 20 November 1959
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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