Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GWALPE from Sint-Martens-Latem, company number BE0427147814, closed financial year 2025 with a result of € -80,661 after tax. For that financial year GWALPE recorded a gross margin of € 31,274 and equity of € 2.6 million. Compared with financial year 2024, the result moved from € -84,482 to € -80,661. 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 July 13, 2026.
€ 2.6 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -80,661
▲ 5 % less loss than in 2024
Profit after tax over the fiscal year.
€ 2,227
▼ 86% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -175,424.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,843
▼ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -11,359 | € 83,009 | € 29,666 | € 31,274 | ▲ 5% |
| Profit after taxes | € -125,242 | € 1,783 | € -84,482 | € -80,661 | ▲ € 3,821 |
| Equity | € 1,233,600 | € 2,735,384 | € 2,650,902 | € 2,570,241 | ▼ 3% |
| Total debts | € 2,130,804 | € 2,161,619 | € 671,982 | € 656,606 | ▼ 2% |
| Cash | € 19,070 | € 1,522,604 | € 15,560 | € 2,227 | ▼ 86% |
| Land & buildings | € 2,775,050 | € 2,852,611 | € 2,799,122 | € 2,763,834 | ▼ 1% |
| Retained profit | € -12,065 | € -10,281 | € -94,763 | € -175,424 | ▼ € 80,661 |
| Balance sheet total | € 3,364,405 | € 4,897,003 | € 3,322,884 | € 3,226,847 | ▼ 3% |
Key figures of GWALPE, 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 GWALPE?
What happened at GWALPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Filip De Spiegeleire stepped down as director. NBB
- Kathia Snick stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 80,661. Source: NBB ↗
- Filip De Spiegeleire became a director. NBB
- Kathia Snick became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 125,242 loss in 2022 to € 80,661 loss in 2025.
Paid € 17,049 in corporate taxes since 2022.
Best year ever: 2023, with € 1,783 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of ESPEJO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GWALPEThe shares are held by ESPEJO (100%).
Directors
According to the 2025 annual accounts
Filip De Spiegeleire
Managing director
Also active at: LABORATORIA QUALIPHAR, PANISTAR, LOODS 13, ESPEJO, DEPOT 52
since 2023 · until 2029
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oude Pontweg 4
9831 Sint-Martens-Latem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0427.147.814
- VAT number
- BE 0427.147.814
- Registered office
- Oude Pontweg 4, 9831 Sint-Martens-Latem
- Names & denominations
- GWALPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 March 1985
- Peppol
- Active · Active since 1 Sept 2025