Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Waak Maatwerkbedrijf VZW from Kuurne, company number BE0439993582, closed financial year 2025 with a result of € -386,787 after tax. For that financial year Waak Maatwerkbedrijf VZW recorded revenue of € 37.7 million and equity of € 44 million. Compared with financial year 2024, the result moved from € -363,789 to € -386,787. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 13, 2026.
€ 44 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -386,787
▼ 6 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3.5 million
▼ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
1,592.1
▼ 51.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 53.6 million
▲ 9% vs 2024
€ 33,700 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.
€ 1.1 million
▲ 4% 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.
€ 1.4 million
▲ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 27 days on average.
€ 4.6 million
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 50,628,336 | € 45,510,020 | € 36,553,945 | € 37,663,381 | ▲ 3% |
| Profit after taxes | € 1,943,611 | € 563,364 | € -363,789 | € -386,787 | ▼ € 22,998 |
| Equity | € 44,562,798 | € 44,997,046 | € 44,534,261 | € 44,039,284 | ▼ 1% |
| Total debts | € 9,588,300 | € 9,706,020 | € 8,114,311 | € 7,359,790 | ▼ 9% |
| Cash | € 1,462,109 | € 5,490,460 | € 3,772,852 | € 3,452,168 | ▼ 8% |
| Land & buildings | € 12,342,929 | € 12,070,953 | € 11,548,973 | € 11,128,357 | ▼ 4% |
| Retained profit | € 43,228,757 | € 43,792,122 | € 43,428,333 | € 43,041,546 | ▼ 1% |
| Balance sheet total | € 58,594,740 | € 58,762,057 | € 55,295,761 | € 53,831,933 | ▼ 3% |
| Employees (FTE) | 1,728 | 1,713.9 | 1,643.2 | 1,592.1 | ▼ 51.1 |
Key figures of Waak Maatwerkbedrijf VZW, 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 Waak Maatwerkbedrijf VZW?
What happened at Waak Maatwerkbedrijf VZW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MARIAN RAPSAET stepped down as director. NBB
- TIM VANNIEUWENHUYSE stepped down as director. NBB
- DONALD DEFOORT stepped down as director. NBB
- HENDRIK DERUYCK stepped down as director. NBB
- JAN VANDROMME stepped down as director. NBB
- LUC KEPPENS stepped down as director. NBB
- GEERT BUYSE stepped down as director. NBB
- MIA CATTEBEKE stepped down as director. NBB
In short
From € 1.9 million profit in 2022 to € 386,787 loss in 2025.
Best year ever: 2022, with € 1.9 million profit.
Pays suppliers within 27 days on average.
A new publication or filing at Waak Maatwerkbedrijf VZW? We notify you, reason included.
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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
Directors
According to the 2025 annual accounts
TIM VANNIEUWENHUYSE
Managing director
Also active at: Oranjehuis, GROEP MAATWERK, de branding WAAK VZW, WAAK MAATWERKBEDRIJF "WSW"
since 2019 · until 2029
since 2022 · until 2027
HENDRIK DERUYCK
Director
Also active at: Werkgemeenschap voor Andersvaliden van de Agglomeratie Kortrijk, de branding WAAK VZW, VILLALINDA, WAAK MAATWERKBEDRIJF "WSW"
since 2022 · until 2027
JAN VANDROMME
Director
Also active at: de branding WAAK VZW, WAAK MAATWERKBEDRIJF "WSW", Monumentenwacht West-Vlaanderen
since 2022 · until 2027
LUC KEPPENS
Chairman of the board
Also active at: Werkgemeenschap voor Andersvaliden van de Agglomeratie Kortrijk, WAAK MAATWERKBEDRIJF "WSW"
since 2022 · until 2027
GEERT BUYSE
Director
Also active at: Werkgemeenschap voor Andersvaliden van de Agglomeratie Kortrijk, de branding WAAK VZW, WAAK MAATWERKBEDRIJF "WSW", ITERUM ADVIES & BEHEER
since 2022 · until 2027
since 2022 · until 2027
since 2025 · until 2030
Establishments
Establishment units
Physical locations of this company
Heirweg 125
8520 Kuurne
Industrielaan(Heu) 4 b
8501 Kortrijk
Active since 4 September 1989
Vijverhoek 21
8520 Kuurne
Active since 4 September 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0439.993.582
- VAT number
- BE 0439.993.582
- Registered office
- Heirweg 125, 8520 Kuurne
- Names & denominations
- Waak Maatwerkbedrijf VZW
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 4 September 1989
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- waak.be
- Activities · NACE
Beschutte en sociale werkplaatsen
Beschutte werkplaatsen