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 43.4 to 36.4.
Financials
Financial year 2025
WILLY NAESSENS CONSTRUCT from Oudenaarde, company number BE0439268557, closed financial year 2025 with a result of € 857,172 after tax. For that financial year WILLY NAESSENS CONSTRUCT recorded revenue of € 20.5 million and equity of € 4.6 million. Compared with financial year 2024, the result moved from € 668,836 to € 857,172. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 4.6 million
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 857,172
▲ 28% vs 2024
Profit after tax over the fiscal year.
€ 380,242
▼ 10% 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 € 4.4 million.
People and assets in 2025
36.4
▼ 4.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.3 million
▲ 1% vs 2024
€ 62,300 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.
€ 207,059
▲ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.2 million
▼ 66% vs 2024
€ 220,782 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 4.9 million
▲ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 112 days on average.
€ 386,639
▲ 92% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 21,523,419 | € 20,117,745 | € 18,416,830 | € 20,477,069 | ▲ 11% |
| Profit after taxes | € 1,249,141 | € 681,361 | € 668,836 | € 857,172 | ▲ 28% |
| Equity | € 3,671,935 | € 3,503,296 | € 3,772,132 | € 4,629,305 | ▲ 23% |
| Total debts | € 14,382,130 | € 11,638,182 | € 11,249,864 | € 11,063,515 | ▼ 2% |
| Cash | € 2,303,018 | € 600,959 | € 424,011 | € 380,242 | ▼ 10% |
| Land & buildings | € 3,339,938 | € 3,157,248 | € 2,974,559 | € 2,931,865 | ▼ 1% |
| Retained profit | € 3,421,935 | € 3,253,296 | € 3,522,132 | € 4,379,305 | ▲ 24% |
| Dividend | € 0 | € 850,000 | € 400,000 | € 0 | ▼ 100% |
| Bank debt | € 8,400,000 | € 5,200,000 | € 6,506,952 | € 2,184,679 | ▼ 66% |
| Balance sheet total | € 18,054,065 | € 15,141,478 | € 15,021,996 | € 15,692,820 | ▲ 4% |
| Employees (FTE) | 43.6 | 43.4 | 40.8 | 36.4 | ▼ 4.4 |
Key figures of WILLY NAESSENS CONSTRUCT, 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 WILLY NAESSENS CONSTRUCT?
What happened at WILLY NAESSENS CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ingelbeen BV stepped down as director. NBB
- Veerle Naessens stepped down as director. NBB
- Sem Naessens stepped down as director. NBB
- Filip Van Hautegem stepped down as director. NBB
- Deroose Projects NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 857,172 (▲ 28% vs 2024). Source: NBB ↗
- Ingelbeen BV became a director. NBB
- Veerle Naessens became a director. NBB
In short
From € 1.2 million profit in 2022 to € 857,172 profit in 2025.
Paid € 949,056 in corporate taxes since 2022.
Best year ever: 2022, with € 1.2 million profit.
Paid out € 1.3 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of WILLY NAESSENS CONCRETE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WILLY NAESSENS CONSTRUCTThe shares are held by WILLY NAESSENS CONCRETE (100%).
Directors
According to the 2025 annual accounts
Director · represented by Dennis Ingelbeen
Also active at: Megaton, Groeninghe, Bekaert Depla, URTEX, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW, BELTAP, EDIBO +35 more
since 2025 · until 2030
Veerle Naessens
Director
Also active at: Megaton, Groeninghe, UpFresh, Bekaert Depla, URTEX, FRANKY, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW +50 more
since 2024 · until 2030
Sem Naessens
Director
Also active at: Megaton, Groeninghe, Bekaert Depla, URTEX, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW, BELTAP, OLYMPIC FIRE +43 more
since 2024 · until 2030
Filip Van Hautegem
Director
Also active at: Megaton, Groeninghe, Bekaert Depla, URTEX, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW, BELTAP, OLYMPIC FIRE +38 more
since 2024 · until 2030
Director · represented by Dirk Deroose
Also active at: Megaton, Groeninghe, UpFresh, Bekaert Depla, URTEX, FRANKY, GOSSEYE, WILLY NAESSENS INDUSTRIEBOUW +61 more
since 2024 · until 2030
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bedrijvenpark 'Coupure' 15-17
9700 Oudenaarde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.268.557
- VAT number
- BE 0439.268.557
- Registered office
- Bedrijvenpark 'Coupure' 15-17, 9700 Oudenaarde
- Names & denominations
- WILLY NAESSENS CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 1989
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
Vervaardiging van artikelen van beton voor de bouw
Vervaardiging van ijzer en staal en van ferrolegeringen
Groothandel in bouwmaterialen, algemeen assortiment
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Overige gespecialiseerde bouwwerkzaamheden