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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Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WYFFELS SERVICES from Waregem, company number BE0416637764, closed financial year 2025 with a result of € 34,397 after tax. For that financial year WYFFELS SERVICES recorded a gross margin of € 515,019 and equity of € 173,621. Compared with financial year 2024, the result moved from € 31,556 to € 34,397. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.
€ 173,621
▼ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 34,397
▲ 9% vs 2024
Profit after tax over the fiscal year.
€ 53,948
▼ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 160,208 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
4
Average over the fiscal year, from the social balance sheet.
€ 217,759
▼ 2% vs 2024
€ 54,400 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.
€ 182,623
▲ € 147,992 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 959,579
▲ 3% vs 2024
€ 179,960 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 98,044
▲ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 53,652
▲ 135% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 527,673 | € 417,364 | € 507,972 | € 515,019 | ▲ 1% |
| Profit after taxes | € 54,716 | € -60,157 | € 31,556 | € 34,397 | ▲ 9% |
| Equity | € 348,258 | € 268,709 | € 299,432 | € 173,621 | ▼ 42% |
| Total debts | € 1,399,354 | € 1,257,770 | € 1,021,092 | € 1,200,312 | ▲ 18% |
| Cash | € 179,398 | € 83,702 | € 116,742 | € 53,948 | ▼ 54% |
| Land & buildings | € 1,035,452 | € 951,425 | € 873,088 | € 796,820 | ▼ 9% |
| Retained profit | € 329,666 | € 268,709 | € 299,432 | € 173,621 | ▼ 42% |
| Dividend | € 800 | € 800 | € 833 | € 160,208 | ▲ € 159,375 |
| Bank debt | € 1,235,838 | € 1,098,203 | € 928,629 | € 959,579 | ▲ 3% |
| Balance sheet total | € 1,747,612 | € 1,526,479 | € 1,320,524 | € 1,373,933 | ▲ 4% |
| Employees (FTE) | 3.6 | 3.2 | 4 | 4 |
Key figures of WYFFELS SERVICES, 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 WYFFELS SERVICES?
What happened at WYFFELS SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 34,397 (▲ 9% vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 54,716 profit in 2022 to € 34,397 profit in 2025.
Paid € 38,799 in corporate taxes since 2022.
Best year ever: 2022, with € 54,716 profit.
On average € 128,800 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Spinnerijstraat 53
8793 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
WIX_COM, IL
Website info
Features
Security
Details
- Company number
- 0416.637.764
- VAT number
- BE 0416.637.764
- Registered office
- Spinnerijstraat 53, 8793 Waregem
- Names & denominations
- WYFFELS SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 1976
- Peppol
- Active · Active since 8 Apr 2026
- Contact
- containerswyffels.be 0476 599 699
- Activities · NACE
Goederenvervoer over de weg
Terugwinning van materialen uit afval
Recycling van niet-metaalafval
Terugwinning van inerte afvalstoffen