Financials
Financial year 2025
VEWACO from Gistel, company number BE0436930461, closed financial year 2025 with a result of € 568,700 after tax. For that financial year VEWACO recorded a gross margin of € 1.7 million and equity of € 3.1 million. Compared with financial year 2024, the result moved from € 607,937 to € 568,700. The company is profitable. 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 January 29, 2026.
€ 3.1 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 568,700
▼ 6% vs 2024
Profit after tax over the fiscal year.
€ 641,546
▲ € 592,269 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 245,072 paid out
43 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
9.9
▼ 2.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 777,252
▼ 5% vs 2024
€ 78,500 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.
€ 174,873
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 477,914
▼ 21% vs 2024
€ 306,464 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 179,789
▲ 166% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 34,305
▼ 68% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,702,692 | € 1,608,595 | € 1,851,115 | € 1,722,862 | ▼ 7% |
| Profit after taxes | € 465,780 | € 456,968 | € 607,937 | € 568,700 | ▼ 6% |
| Equity | € 1,691,536 | € 2,148,504 | € 2,756,441 | € 3,080,069 | ▲ 12% |
| Total debts | € 1,450,621 | € 1,203,896 | € 854,551 | € 747,973 | ▼ 12% |
| Cash | € 218,480 | € 249,291 | € 49,277 | € 641,546 | ▲ € 592,269 |
| Land & buildings | € 1,181,597 | € 1,097,269 | € 1,012,942 | € 935,298 | ▼ 8% |
| Retained profit | € 1,548,997 | € 2,005,965 | € 2,613,903 | € 2,937,531 | ▲ 12% |
| Dividend | € 0 | € 0 | € 0 | € 245,072 | |
| Bank debt | € 1,059,131 | € 863,874 | € 606,388 | € 477,914 | ▼ 21% |
| Balance sheet total | € 3,142,156 | € 3,352,400 | € 3,610,992 | € 3,828,042 | ▲ 6% |
| Employees (FTE) | 13.1 | 10.7 | 12.1 | 9.9 | ▼ 2.2 |
Key figures of VEWACO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to VEWACO?
What happened at VEWACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 568,700 (▼ 6% vs 2024). Source: NBB ↗
- Tina Callenaere became a director. NBB
- Jürgen Werbrouck became a director. NBB
- New establishment in Gistel. KBO
- Start of the company according to the CBE. KBO
In short
From € 465,780 profit in 2022 to € 568,700 profit in 2025.
Paid € 823,929 in corporate taxes since 2022.
Best year ever: 2024, with € 607,937 profit.
On average € 174,000 of value added per employee in 2025.
Management
Behind VEWACO are Tina Callenaere and Jürgen Werbrouck. The same people are also behind WERCA JURGEN. Jürgen Werbrouck is also behind J.T.W..
Directors
According to the 2025 annual accounts
since 2024
since 2018
Establishments
Establishment units
Physical locations of this company
Konijnenboslaan 9
8470 Gistel
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
- 0436.930.461
- VAT number
- BE 0436.930.461
- Registered office
- Konijnenboslaan 9, 8470 Gistel
- Names & denominations
- VEWACO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 March 1989
- Peppol
- Active · Active since 27 Nov 2025
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