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 18 to 16.
Financials
Financial year 2025
WOMAT from Eeklo, company number BE0427941729, closed financial year 2025 with a result of € 341,022 after tax. For that financial year WOMAT recorded a gross margin of € 1.8 million and equity of € 3.9 million. Compared with financial year 2024, the result moved from € 567,000 to € 341,022. The company is profitable. 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 20, 2026.
€ 3.9 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 341,022
▼ 40% vs 2024
Profit after tax over the fiscal year.
€ 1.5 million
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 668,215 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
16
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 869,230
▲ 5% vs 2024
€ 54,300 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.
€ 114,920
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 20,000
Loans from banks and other lenders, long and short.
€ 120,692
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 197,810
▼ 32% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,836,529 | € 1,703,932 | € 1,680,287 | € 1,762,581 | ▲ 5% |
| Profit after taxes | € 740,000 | € 694,000 | € 567,000 | € 341,022 | ▼ 40% |
| Equity | € 3,341,349 | € 3,567,519 | € 4,065,119 | € 3,916,398 | ▼ 4% |
| Total debts | € 679,831 | € 719,430 | € 612,166 | € 479,679 | ▼ 22% |
| Cash | € 1,155,756 | € 1,349,084 | € 1,604,329 | € 1,508,460 | ▼ 6% |
| Land & buildings | € 402,400 | € 393,600 | € 532,800 | € 553,591 | ▲ 4% |
| Retained profit | € 3,242,192 | € 3,468,362 | € 3,965,962 | € 3,817,240 | ▼ 4% |
| Dividend | € 0 | € 0 | € 0 | € 668,215 | |
| Bank debt | € 28,000 | € 28,000 | € 20,000 | € 20,000 | |
| Balance sheet total | € 4,124,724 | € 4,381,929 | € 4,782,068 | € 4,396,076 | ▼ 8% |
| Employees (FTE) | 19 | 18 | 17 | 16 | ▼ 1 |
Key figures of WOMAT, 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 WOMAT?
What happened at WOMAT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Hendrik Minnebo stepped down as director. NBB
- Hugo Caneele stepped down as director. NBB
- Frankie Caneele stepped down as director. NBB
- Sabine De Smet stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 341,022 (▼ 40% vs 2024). Source: NBB ↗
- Hendrik Minnebo became a director. NBB
- Hugo Caneele became a director. NBB
- Frankie Caneele became a director. NBB
In short
From € 740,000 profit in 2022 to € 341,022 profit in 2025.
Paid € 1.2 million in corporate taxes since 2022.
Best year ever: 2022, with € 740,000 profit.
On average € 110,200 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Hendrik Minnebo
Managing director
since 2022 · until 2028
Hugo Caneele
Managing director
since 2022 · until 2028
Frankie Caneele
Director
since 2022 · until 2028
Sabine De Smet
Director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Brugsesteenweg 19C
9900 Eeklo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0427.941.729
- VAT number
- BE 0427.941.729
- Registered office
- Brugsesteenweg 19C, 9900 Eeklo
- Names & denominations
- WOMAT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 November 1985
- Peppol
- Active · Active since 8 Feb 2025
- Contact
- [email protected] 093779511
- Activities · NACE
Overige niet-gespecialiseerde detailhandel in winkels (verkoop van overwegend niet-voedingsmiddelen met verkoopsoppervlakte van mind er dan 2.500 m2)
Overige niet-gespecialiseerde detailhandel
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen niet overheersen (verkoopoppervlakte < 2500 m²)