Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
Financials
Financial year 2024
Wabeco from Gent, company number BE0441976243, closed financial year 2024 with a result of € -8,541 after tax. For that financial year Wabeco recorded a gross margin of € 98,393 and equity of € -3,329. Compared with financial year 2023, the result moved from € -49,717 to € -8,541. 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 September 25, 2025.
€ -3,329
▼ € 8,541 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,541
▲ 83 % less loss than in 2023
Profit after tax over the fiscal year.
€ 268
▼ 99% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -65,303.
People and assets in 2024
1.6
▼ 0.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 98,538
▼ 12% vs 2023
€ 61,600 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.
€ 480
▼ 60% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 86,763
Loans from banks and other lenders, long and short.
€ 1 million
▼ 51% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 13,158
▲ 17% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 138,616 | € 159,427 | € 66,649 | € 98,393 | ▲ 48% |
| Profit after taxes | € 24,374 | € 26,257 | € -49,717 | € -8,541 | ▲ € 41,177 |
| Equity | € 28,671 | € 54,928 | € 5,211 | € -3,329 | ▼ € 8,541 |
| Total debts | € 228,462 | € 249,942 | € 2,263,952 | € 1,212,332 | ▼ 46% |
| Cash | € 2,645 | € 3,166 | € 28,091 | € 268 | ▼ 99% |
| Retained profit | € -33,302 | € -7,045 | € -56,762 | € -65,303 | ▼ € 8,541 |
| Bank debt | € 86,763 | € 86,763 | € 86,763 | € 86,763 | |
| Balance sheet total | € 257,133 | € 304,870 | € 2,269,163 | € 1,209,002 | ▼ 47% |
| Employees (FTE) | - | - | 2.1 | 1.6 | ▼ 0.5 |
Key figures of Wabeco, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Wabeco?
What happened at Wabeco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Els De Smet stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 8,541. filed late Source: NBB ↗
- Els De Smet became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,374 profit in 2021 to € 8,541 loss in 2024.
Best year ever: 2022, with € 26,257 profit.
On average € 61,500 of value added per employee in 2024.
Management
Directors
According to the 2024 annual accounts
Els De Smet
Director
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Oostakkerdorp 12
9041 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0441.976.243
- VAT number
- BE 0441.976.243
- Registered office
- Oostakkerdorp 12, 9041 Gent
- Names & denominations
- Wabeco
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 November 1990
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Niet-gespecialiseerde detailhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)