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 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WEGRO from Koksijde, company number BE0438326865, closed financial year 2025 with a result of € 6,554 after tax. For that financial year WEGRO recorded a gross margin of € 397,367 and equity of € 122,086. Compared with financial year 2024, the result moved from € 28,656 to € 6,554. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 28, 2026.
€ 122,086
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,554
▼ 77% vs 2024
Profit after tax over the fiscal year.
€ 136,362
▼ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 60,586.
People and assets in 2025
€ 352,086
▼ 10% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 20,369
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 27,473
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 67,834
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 425,150 | € 470,436 | € 440,960 | € 397,367 | ▼ 10% |
| Profit after taxes | € -62,731 | € -43,114 | € 28,656 | € 6,554 | ▼ 77% |
| Equity | € 129,990 | € 86,876 | € 115,532 | € 122,086 | ▲ 6% |
| Total debts | € 457,475 | € 379,335 | € 332,024 | € 287,202 | ▼ 13% |
| Cash | € 101,878 | € 74,918 | € 161,165 | € 136,362 | ▼ 15% |
| Retained profit | € 68,490 | € 25,376 | € 54,032 | € 60,586 | ▲ 12% |
| Balance sheet total | € 587,466 | € 466,211 | € 447,556 | € 409,288 | ▼ 9% |
| Employees (FTE) | 11.5 | 11 | 9.9 | - |
Key figures of WEGRO, 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 WEGRO?
What happened at WEGRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Martine Vanbillemont stepped down as director. NBB
- Maaike Geerardyn stepped down as director. NBB
- Luc Geerardyn stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 6,554 (▼ 77% vs 2024). Source: NBB ↗
- Martine Vanbillemont became a director. NBB
- Maaike Geerardyn became a director. NBB
- Luc Geerardyn became a director. NBB
- New establishment in Koksijde. KBO
In short
From € 62,731 loss in 2022 to € 6,554 profit in 2025.
Paid € 13,568 in corporate taxes since 2022.
Best year ever: 2024, with € 28,656 profit.
On average € 44,500 of value added per employee in 2024.
Management
Directors
According to the 2025 annual accounts
Martine Vanbillemont
Director
since 2022 · until 2028
since 2022 · until 2028
Luc Geerardyn
Managing director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Witte Burg(Odk) 37
8670 Koksijde
Lippenslaan 122
8300 Knokke-Heist
Active since 17 March 2006
Albert I laan 189
8620 Nieuwpoort
Active since 1 June 2008
Zeelaan(Kok) 253
8670 Koksijde
Active since 1 February 2010
Lippenslaan 123
8300 Knokke-Heist
Active since 1 December 2010
Kerkstraat 57
8370 Blankenberge
Active since 1 January 2013
Zeelaan(Kok) 252
8670 Koksijde
Active since 1 May 2016
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.326.865
- VAT number
- BE 0438.326.865
- Registered office
- Witte Burg(Odk) 37, 8670 Koksijde
- Names & denominations
- WEGRO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 September 1989
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
Overige detailhandel, niet in winkels
Detailhandel in huismeubilair
Overige detailhandel, niet in winkels en exclusief markt- en straathandel
Detailhandel in huismeubilair in gespecialiseerde winkels
Detailhandel in schoeisel
Groothandel in kleding, met uitzondering van werk- en onderkleding
Detailhandel in huishoudtextiel en beddengoed
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
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