Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Widar from Merksplas, company number BE0421921492, closed financial year 2025 with a result of € 175,508 after tax. For that financial year Widar recorded revenue of € 741,205 and equity of € 3.6 million. Compared with financial year 2024, the result moved from € 100,873 to € 175,508. 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 20, 2026.
€ 3.6 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 175,508
▲ 74% vs 2024
Profit after tax over the fiscal year.
€ 3,073
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
55.1
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.8 million
▲ 5% vs 2024
€ 68,900 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.
€ 52,588
▲ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 975,973
▲ 20% vs 2024
€ 33,244 is repaid this year. At this pace the long-term loan is gone in ≈ 29 years.
€ 203,520
▲ 249% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 120 days on average.
€ 508,486
▼ 33% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 608,658 | € 664,520 | € 697,441 | € 741,205 | ▲ 6% |
| Profit after taxes | € 279,166 | € 423,358 | € 100,873 | € 175,508 | ▲ 74% |
| Equity | € 3,014,763 | € 3,401,093 | € 3,464,941 | € 3,603,421 | ▲ 4% |
| Total debts | € 1,285,860 | € 1,484,000 | € 1,630,910 | € 1,692,148 | ▲ 4% |
| Cash | € 7,046 | € 236,706 | € 128,707 | € 3,073 | ▼ 98% |
| Land & buildings | € 4,118,102 | € 4,230,212 | € 4,092,231 | € 3,902,941 | ▼ 5% |
| Retained profit | € 2,418,220 | € 2,841,577 | € 2,942,451 | € 3,117,958 | ▲ 6% |
| Bank debt | € 645,101 | € 796,944 | € 813,524 | € 975,973 | ▲ 20% |
| Balance sheet total | € 4,300,623 | € 4,885,093 | € 5,095,850 | € 5,295,570 | ▲ 4% |
| Employees (FTE) | 51.1 | 52.9 | 54.5 | 55.1 | ▲ 0.6 |
Key figures of Widar, 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 Widar?
What happened at Widar in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 175,508 (▲ 74% vs 2024). filed late Source: NBB ↗
- Erna Nuyts became a director. NBB
- David Celis became a director. NBB
- Petra Luyten became a director. NBB
- Hedwich Borghs became a director. NBB
- Nadine Vandenhende became a director. NBB
- New establishment in Merksplas. KBO
- New establishment in Merksplas. KBO
In short
From € 279,166 profit in 2022 to € 175,508 profit in 2025.
Paid € 6,831 in corporate taxes since 2022.
Best year ever: 2023, with € 423,358 profit.
Pays suppliers within 120 days on average.
Management
Behind Widar are Dirk Govaerts, Erna Nuyts, Ellen Van Den Berg, Petra Luyten, Hedwich Borghs and David Celis. It owns 100% of DE LANDGENOTEN 2014 and 100% of TRIODOS BANK itself.
Directors
According to the 2025 annual accounts
Erna Nuyts
Director
since 2026
Ellen Van Den Berg
Director
Petra Luyten
Director
since 2025
Hedwich Borghs
Director
since 2022
David Celis
Director
since 2026
Nadine Vandenhende
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Lipseinde 43
2330 Merksplas
Acaciaweg 6
2330 Merksplas
Active since 18 January 2003
Bergsken 3
2330 Merksplas
Active since 18 January 2003
Kolonie 28
2323 Hoogstraten
Active since 1 January 2003
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
- 0421.921.492
- VAT number
- BE 0421.921.492
- Registered office
- Lipseinde 43, 2330 Merksplas
- Names & denominations
- Widar
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 5 April 1981
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Instellingen met huisvesting voor volwassenen met een mentale handicap
Instituten voor gehandicapte volwassenen