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 33 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 4.3 to 3.6.
Financials
Financial year 2025
Taveirne Waasten from Comines-Warneton, company number BE0437296388, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year Taveirne Waasten recorded a gross margin of € 1.9 million and equity of € 913,754. Compared with financial year 2024, the result moved from € 84,963 to € 1.5 million. 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 May 11, 2026.
€ 913,754
▲ € 850,535 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.5 million
▲ € 1.4 million vs 2024
Profit after tax over the fiscal year.
€ 33,833
▲ € 31,442 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 642,000 paid out
43 % of the profit went to the shareholders, mostly to VARPO (100 % of the shares). That is where the money ends up.
People and assets in 2025
3.6
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 150,117
▼ 13% vs 2024
€ 41,700 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.
Debts at end 2025
€ 578,780
▼ 22% vs 2024
€ 133,815 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 52,598
▲ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,224
▲ 73% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 320,721 | € 233,649 | € 468,426 | € 1,865,552 | ▲ 298% |
| Profit after taxes | € -76,708 | € -219,614 | € 84,963 | € 1,492,535 | ▲ € 1.4 million |
| Equity | € 425,771 | € 403,256 | € 63,219 | € 913,754 | ▲ € 850,535 |
| Total debts | € 1,165,384 | € 966,873 | € 1,225,108 | € 1,313,887 | ▲ 7% |
| Cash | € 52,907 | € 4,964 | € 2,391 | € 33,833 | ▲ € 31,442 |
| Land & buildings | € 1,339,794 | € 1,324,378 | € 1,164,814 | € 1,005,387 | ▼ 14% |
| Retained profit | € -269,229 | € -488,843 | € -828,880 | € 21,654 | ▲ € 850,535 |
| Dividend | € 0 | € 0 | € 425,000 | € 642,000 | ▲ 51% |
| Bank debt | € 1,096,237 | € 910,695 | € 744,738 | € 578,780 | ▼ 22% |
| Balance sheet total | € 1,591,155 | € 1,370,129 | € 1,288,327 | € 2,227,641 | ▲ 73% |
| Employees (FTE) | 5 | 4.3 | 4 | 3.6 | ▼ 0.4 |
Key figures of Taveirne Waasten, 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 April 2027.
What happened to Taveirne Waasten?
What happened at Taveirne Waasten in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.5 million (▲ € 1.4 million vs 2024). filed late Source: NBB ↗
- Varpo BV became a director. NBB
- New establishment in Comines-Warneton. KBO
- New establishment in Comines-Warneton. KBO
- Start of the company according to the CBE. KBO
In short
From € 76,708 loss in 2022 to € 1.5 million profit in 2025.
Paid € 514 in corporate taxes since 2022.
Best year ever: 2025, with € 1.5 million profit.
On average € 518,200 of value added per employee in 2025.
Management
The stake of VARPO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Taveirne WaastenBehind Taveirne Waasten is Varpo BV. The shares are held by VARPO (100%).
Establishments
Establishment units
Physical locations of this company
Nieuwkerkebaan(WAA) 19
7784 Comines-Warneton
Kleine Brugstraat(PL) 1
7782 Comines-Warneton
Active since 3 May 1989
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.296.388
- VAT number
- BE 0437.296.388
- Registered office
- Nieuwkerkebaan(WAA) 19, 7784 Comines-Warneton
- Names & denominations
- Taveirne Waasten
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 April 1989
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Varkensvetmesterijen
Fokvarkenshouderij
Fokvarkenshouderijen
Vervaardiging van veevoeders
Groothandel in granen, zaden en diervoeders
Kippenkwekerijen
Groothandel in akkerbouwproducten en veevoeders, algemeen assortiment