What is the address of WEGENBOUW IVAN VUYLSTEKE?

The registered office of WEGENBOUW IVAN VUYLSTEKE is located at Steenovenstraat 98, 8760 Tielt.

Is WEGENBOUW IVAN VUYLSTEKE still active?

Yes. According to the CBE (29 October 2026) WEGENBOUW IVAN VUYLSTEKE is active, legal situation “Normale toestand”, started on 31 December 1971.

Is WEGENBOUW IVAN VUYLSTEKE registered on Peppol?

Yes, WEGENBOUW IVAN VUYLSTEKE is registered on the Peppol network with ID 0208:0411675918.

What is the enterprise number of WEGENBOUW IVAN VUYLSTEKE?

The enterprise number of WEGENBOUW IVAN VUYLSTEKE is BE0411675918.

When was WEGENBOUW IVAN VUYLSTEKE founded?

WEGENBOUW IVAN VUYLSTEKE was founded on 31 December 1971.

Who are the directors of WEGENBOUW IVAN VUYLSTEKE?

According to the 2025 annual accounts, the directors of WEGENBOUW IVAN VUYLSTEKE are: Davy Poelaert, DV Convest BV.

Is WEGENBOUW IVAN VUYLSTEKE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 December 1971; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did WEGENBOUW IVAN VUYLSTEKE make in 2025?

WEGENBOUW IVAN VUYLSTEKE posted a profit after taxes of € 959,824 in financial year 2025.

What is the revenue of WEGENBOUW IVAN VUYLSTEKE?

In its most recent annual accounts (2025), WEGENBOUW IVAN VUYLSTEKE reported revenue of € 30,917,677.

How much does an employee at WEGENBOUW IVAN VUYLSTEKE earn?

The average wage cost per full-time employee at WEGENBOUW IVAN VUYLSTEKE was € 57,100 in 2025: staff costs of € 4.4 million for 77.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does WEGENBOUW IVAN VUYLSTEKE have?

According to the 2025 annual accounts, WEGENBOUW IVAN VUYLSTEKE has 77.2 full-time equivalents (FTE).

WEGENBOUW IVAN VUYLSTEKE (Private Limited) - Tielt

Q: What does WEGENBOUW IVAN VUYLSTEKE do?

WEGENBOUW IVAN VUYLSTEKE is registered with the CBE as active in: Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten. Private Limited, started on 31 December 1971, 1 establishment.

Dossier WEGENBOUW IVAN VUYLSTEKE, printed on 29 October 2026 from databakkes.be/en/0411675918/wegenbouw-ivan-vuylsteke. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 100.2 to 77.2.
Busy address KBO

13 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

WEGENBOUW IVAN VUYLSTEKE from Tielt, company number BE0411675918, closed financial year 2025 with a result of € 959,824 after tax. For that financial year WEGENBOUW IVAN VUYLSTEKE recorded revenue of € 30.9 million and equity of € 5.1 million. Compared with financial year 2024, the result moved from € 40,182 to € 959,824. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.

What it is worth Growing

€ 5.1 million

▲ 6% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 959,824

▲ € 919,642 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.4 million

▲ 55% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 665,000 paid out

69 % of the profit went to the shareholders, mostly to DV CONVEST (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

77.2

▼ 12.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 5.5 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 4.4 million

▼ 11% vs 2024

€ 57,100 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.

Vehicles and equipment

€ 324,728

▼ 10% vs 2024

Of which on lease € 191,795.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 4.2 million

▼ 21% vs 2024

€ 785,704 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 5.4 million

▼ 32% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 85 days on average.

Taxes and wages

€ 247,718

▼ 7% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 25,043,083 Revenue 2022: € 25,043,083 First fiscal year in the series	€ 26,140,784 Revenue 2023: € 26,140,784 ▲ 4% vs 2022 (€ 25,043,083) Favourable step	€ 33,234,565 Revenue 2024: € 33,234,565 ▲ 27% vs 2023 (€ 26,140,784) Favourable step	€ 30,917,677 Revenue 2025: € 30,917,677 ▼ 7% vs 2024 (€ 33,234,565) Unfavourable step	▼ 7%
Profit after taxes	€ 436,132 Profit after taxes 2022: € 436,132 First fiscal year in the series	€ 477,366 Profit after taxes 2023: € 477,366 ▲ 9% vs 2022 (€ 436,132) Favourable step	€ 40,182 Profit after taxes 2024: € 40,182 ▼ 92% vs 2023 (€ 477,366) Unfavourable step	€ 959,824 Profit after taxes 2025: € 959,824 ▲ € 919,642 vs 2024 (€ 40,182) Favourable step	▲ € 919,642
Equity	€ 4,320,611 Equity 2022: € 4,320,611 First fiscal year in the series	€ 4,797,977 Equity 2023: € 4,797,977 ▲ 11% vs 2022 (€ 4,320,611) Favourable step	€ 4,838,159 Equity 2024: € 4,838,159 ▲ 1% vs 2023 (€ 4,797,977) Favourable step	€ 5,132,983 Equity 2025: € 5,132,983 ▲ 6% vs 2024 (€ 4,838,159) Favourable step	▲ 6%
Total debts	€ 14,611,034 Total debts 2022: € 14,611,034 First fiscal year in the series	€ 13,978,940 Total debts 2023: € 13,978,940 ▼ 4% vs 2022 (€ 14,611,034) Favourable step	€ 14,525,817 Total debts 2024: € 14,525,817 ▲ 4% vs 2023 (€ 13,978,940) Unfavourable step	€ 11,301,625 Total debts 2025: € 11,301,625 ▼ 22% vs 2024 (€ 14,525,817) Favourable step	▼ 22%
Cash	€ 684,203 Cash 2022: € 684,203 First fiscal year in the series	€ 808,375 Cash 2023: € 808,375 ▲ 18% vs 2022 (€ 684,203) Favourable step	€ 880,442 Cash 2024: € 880,442 ▲ 9% vs 2023 (€ 808,375) Favourable step	€ 1,362,028 Cash 2025: € 1,362,028 ▲ 55% vs 2024 (€ 880,442) Favourable step	▲ 55%
Land & buildings	€ 1,488,731 Land & buildings 2022: € 1,488,731 First fiscal year in the series	€ 1,444,562 Land & buildings 2023: € 1,444,562 ▼ 3% vs 2022 (€ 1,488,731) Unchanged	€ 1,374,137 Land & buildings 2024: € 1,374,137 ▼ 5% vs 2023 (€ 1,444,562) Unchanged	€ 1,318,574 Land & buildings 2025: € 1,318,574 ▼ 4% vs 2024 (€ 1,374,137) Unchanged	▼ 4%
Retained profit	€ 3,653,488 Retained profit 2022: € 3,653,488 First fiscal year in the series	€ 4,142,883 Retained profit 2023: € 4,142,883 ▲ 13% vs 2022 (€ 3,653,488) Favourable step	€ 4,195,087 Retained profit 2024: € 4,195,087 ▲ 1% vs 2023 (€ 4,142,883) Favourable step	€ 4,501,940 Retained profit 2025: € 4,501,940 ▲ 7% vs 2024 (€ 4,195,087) Favourable step	▲ 7%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 665,000 Dividend 2025: € 665,000 Unchanged (€ 0) Unchanged
Bank debt	€ 6,463,312 Bank debt 2022: € 6,463,312 First fiscal year in the series	€ 5,411,444 Bank debt 2023: € 5,411,444 ▼ 16% vs 2022 (€ 6,463,312) Favourable step	€ 5,329,837 Bank debt 2024: € 5,329,837 ▼ 2% vs 2023 (€ 5,411,444) Favourable step	€ 4,229,478 Bank debt 2025: € 4,229,478 ▼ 21% vs 2024 (€ 5,329,837) Favourable step	▼ 21%
Balance sheet total	€ 19,201,806 Balance sheet total 2022: € 19,201,806 First fiscal year in the series	€ 19,024,424 Balance sheet total 2023: € 19,024,424 ▼ 1% vs 2022 (€ 19,201,806) Unchanged	€ 19,519,148 Balance sheet total 2024: € 19,519,148 ▲ 3% vs 2023 (€ 19,024,424) Unchanged	€ 16,551,726 Balance sheet total 2025: € 16,551,726 ▼ 15% vs 2024 (€ 19,519,148) Unchanged	▼ 15%
Employees (FTE)	98.5 Employees (FTE) 2022: 98.5 First fiscal year in the series	100.2 Employees (FTE) 2023: 100.2 ▲ 1.7 vs 2022 (98.5) Unchanged	89.5 Employees (FTE) 2024: 89.5 ▼ 10.7 vs 2023 (100.2) Unchanged	77.2 Employees (FTE) 2025: 77.2 ▼ 12.3 vs 2024 (89.5) Unchanged	▼ 12.3

Key figures of WEGENBOUW IVAN VUYLSTEKE, 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 WEGENBOUW IVAN VUYLSTEKE?

What happened at WEGENBOUW IVAN VUYLSTEKE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 7, 2026 New annual accounts for financial year 2025: profit of € 959,824 (▲ € 919,642 vs 2024). Source: NBB ↗
2020 Davy Poelaert became a director. NBB
2012 DV Convest BV became a director. NBB
Jan 1, 1972 New establishment in Tielt. KBO
Dec 31, 1971 Start of the company according to the CBE. KBO

In short

From € 436,132 profit in 2022 to € 959,824 profit in 2025.

Paid € 787,240 in corporate taxes since 2022.

Best year ever: 2025, with € 959,824 profit.

Paid out € 665,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

DV CONVEST 100%

The stake of DV CONVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

WEGENBOUW IVAN VUYLSTEKE

Behind WEGENBOUW IVAN VUYLSTEKE are Davy Poelaert and DV Convest BV. The shares are held by DV CONVEST (100%).

Directors

According to the 2025 annual accounts

Davy Poelaert

Director

since 2020

DV Convest BV

Director · represented by Dries Vuylsteke

since 2012

Shareholders

DV CONVEST

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Steenovenstraat 98

8760 Tielt

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.

All companies at this address →

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0411.675.918

VAT number

BE 0411.675.918

Registered office

Steenovenstraat 98, 8760 Tielt

Names & denominations

WEGENBOUW IVAN VUYLSTEKE

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

31 December 1971

Peppol

Active · Active since 29 Sept 2025

Activities · NACE

Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten

Bouw van autowegen en andere wegen

Bouwrijp maken van terreinen

Slopen

Grondverzet

Slopen van gebouwen

View on CBE Public ↗ Annual accounts (NBB) ↗

WEGENBOUW IVAN VUYLSTEKE

Warning lights

Financials

What happened to WEGENBOUW IVAN VUYLSTEKE?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions