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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Instituut De Waele from Lede, company number BE0441487382, closed financial year 2025 with a result of € -6,344 after tax. For that financial year Instituut De Waele recorded a gross margin of € 2,272 and equity of € -44,118. Compared with financial year 2024, the result moved from € -9,096 to € -6,344. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 13, 2026.
€ -44,118
▼ € 6,344 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,344
▲ 30 % less loss than in 2024
Profit after tax over the fiscal year.
€ 14,611
▲ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -124,118.
People and assets in 2025
€ 3,807
▲ 8% 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.
€ 2,573
▼ 49% 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.
€ 281
Supplier invoices still open on the last day of the fiscal year.
€ 5,152
▼ 35% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,134 | € -3,190 | € -768 | € 2,272 | ▲ € 3,041 |
| Profit after taxes | € -8,818 | € -13,751 | € -9,096 | € -6,344 | ▲ € 2,752 |
| Equity | € -14,928 | € -28,678 | € -37,774 | € -44,118 | ▼ € 6,344 |
| Total debts | € 64,778 | € 67,877 | € 72,611 | € 84,587 | ▲ 16% |
| Cash | € 17,366 | € 9,634 | € 7,507 | € 14,611 | ▲ 95% |
| Retained profit | € -94,928 | € -108,678 | € -117,774 | € -124,118 | ▼ € 6,344 |
| Balance sheet total | € 49,850 | € 39,199 | € 34,837 | € 40,469 | ▲ 16% |
Key figures of Instituut De Waele, 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 Instituut De Waele?
What happened at Instituut De Waele in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,344. Source: NBB ↗
- Lieve De Waele became a director. NBB
- Koen De Waele became a director. NBB
- Herbert Van Meensel became a director. NBB
- New establishment in Lede. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,818 loss in 2022 to € 6,344 loss in 2025.
Management
Behind Instituut De Waele are Lieve De Waele, Herbert Van Meensel and Koen De Waele.
Directors
According to the 2025 annual accounts
Lieve De Waele
Director
since 2013
Herbert Van Meensel
Director
since 2006
Koen De Waele
Director
since 2013
Establishments
Establishment units
Physical locations of this company
Steenland 10
9340 Lede
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.487.382
- VAT number
- BE 0441.487.382
- Registered office
- Steenland 10, 9340 Lede
- Names & denominations
- Instituut De Waele
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 July 1990
- Peppol
- Active · Active since 2 Sept 2025
- Activities · NACE
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