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 43 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AERTSEN - WAEGENAAR from Geraardsbergen, company number BE0437151680, closed financial year 2025 with a result of € 47,270 after tax. For that financial year AERTSEN - WAEGENAAR recorded a gross margin of € 91,199 and equity of € 270,068. Compared with financial year 2024, the result moved from € 6,266 to € 47,270. 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 31, 2026.
€ 270,068
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 47,270
▲ € 41,004 vs 2024
Profit after tax over the fiscal year.
€ 4,473
▼ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 10,685 paid out
23 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 31,089
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 28,550
▼ 39% vs 2024
Loans from banks and other lenders, long and short.
€ 4,016
▲ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,442
▼ 28% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 31,839 | € 46,909 | € 36,065 | € 91,199 | ▲ 153% |
| Profit after taxes | € 8,625 | € 19,858 | € 6,266 | € 47,270 | ▲ € 41,004 |
| Equity | € 222,155 | € 242,013 | € 233,483 | € 270,068 | ▲ 16% |
| Total debts | € 70,672 | € 96,461 | € 76,601 | € 57,158 | ▼ 25% |
| Cash | € 20,087 | € 21,589 | € 8,663 | € 4,473 | ▼ 48% |
| Land & buildings | € 328,367 | € 317,774 | € 307,180 | € 263,652 | ▼ 14% |
| Retained profit | € 207,281 | € 227,139 | € 218,610 | € 255,195 | ▲ 17% |
| Dividend | € 5,153 | € 0 | € 14,795 | € 10,685 | ▼ 28% |
| Bank debt | € 43,055 | € 69,151 | € 46,934 | € 28,550 | ▼ 39% |
| Balance sheet total | € 350,605 | € 393,844 | € 363,047 | € 384,467 | ▲ 6% |
Key figures of AERTSEN - WAEGENAAR, 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 AERTSEN - WAEGENAAR?
What happened at AERTSEN - WAEGENAAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 47,270 (▲ € 41,004 vs 2024). filed late Source: NBB ↗
- New establishment in Geraardsbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,625 profit in 2022 to € 47,270 profit in 2025.
Paid € 46,694 in corporate taxes since 2022.
Best year ever: 2025, with € 47,270 profit.
Paid out € 30,633 in dividends to the owners in total.
Management
Behind AERTSEN - WAEGENAAR is Maria Waegenaar.
Directors
According to the 2025 annual accounts
Maria Waegenaar
Director
Establishments
Establishment units
Physical locations of this company
Adamstraat 20
9500 Geraardsbergen
Adamstraat 20 box 2
9500 Geraardsbergen
Active since 17 April 1989
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0437.151.680
- VAT number
- BE 0437.151.680
- Registered office
- Adamstraat 20, 9500 Geraardsbergen
- Names & denominations
- AERTSEN - WAEGENAAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 March 1989
- Peppol
- Active · Active since 26 Aug 2025
- Activities · NACE
Handelsbemiddeling in de groothandel in textiel, kleding, bont, schoeisel en lederwaren
Handelsbemiddeling in textiel, kleding, schoeisel en artikelen van leer