Financials
Financial year 2026
W.T.O. from Izegem, company number BE0442558639, closed financial year 2026 with a result of € 117,173 after tax. For that financial year W.T.O. recorded a gross margin of € 55,340 and equity of € 1.1 million. Compared with financial year 2025, the result moved from € 18,492 to € 117,173. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 12, 2026.
€ 1.1 million
▲ 2% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 117,173
▲ € 98,681 vs 2025
Profit after tax over the fiscal year.
€ 9,942
▼ 9% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
85 % of the profit went to the shareholders, mostly to O.D. - TRANS (100 % of the shares). That is where the money ends up.
People and assets in 2026
0.8
Average over the fiscal year, from the social balance sheet.
€ 30,721
▲ 4% vs 2025
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 450
▲ 59% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 6,593
▼ 2% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 57,109 | € 56,133 | € 55,978 | € 55,340 | ▼ 1% |
| Profit after taxes | € 143,670 | € 290,311 | € 18,492 | € 117,173 | ▲ € 98,681 |
| Equity | € 883,408 | € 1,053,719 | € 1,072,212 | € 1,089,385 | ▲ 2% |
| Total debts | € 161,012 | € 14,055 | € 7,010 | € 7,044 | |
| Cash | € 13,437 | € 23,696 | € 10,902 | € 9,942 | ▼ 9% |
| Retained profit | € 812,113 | € 982,424 | € 1,000,917 | € 1,018,090 | ▲ 2% |
| Dividend | € 120,000 | € 120,000 | € 0 | € 100,000 | |
| Balance sheet total | € 1,044,420 | € 1,067,774 | € 1,079,222 | € 1,096,429 | ▲ 2% |
| Employees (FTE) | 0.8 | 0.8 | 0.8 | 0.8 |
Key figures of W.T.O., fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to W.T.O.?
What happened at W.T.O. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 117,173 (▲ € 98,681 vs 2025). Source: NBB ↗
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 143,670 profit in 2023 to € 117,173 profit in 2026.
Paid € 28,084 in corporate taxes since 2023.
Best year ever: 2024, with € 290,311 profit.
Paid out € 340,000 in dividends to the owners in total.
Management
The stake of O.D. - TRANS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
W.T.O.Behind W.T.O. are O.D Trans bv and Oli-Yas Invest bv. The shares are held by O.D. - TRANS (100%). It owns 100% of Transport Degraeve Wilmar itself.
Directors
According to the 2026 annual accounts
Director · represented by Laghzazla Yasmine
Also active at: TRANSPORT DEGRAEVE WILMAR, Flanders Food Transport
Director · represented by Dendauw Olivier
Also active at: TRANSPORT DEGRAEVE WILMAR, O.D. - TRANS
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Zevekotestraat 32
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0442.558.639
- VAT number
- BE 0442.558.639
- Registered office
- Zevekotestraat 32, 8870 Izegem
- Names & denominations
- W.T.O.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 1991
- Peppol
- Active · Active since 17 Jul 2025
- Activities · NACE
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