What does W GROUP II do?

W GROUP II is a wholesaler in Genk. Public Limited, started on 13 September 1991, 2 establishments.

What is the address of W GROUP II?

The registered office of W GROUP II is located at Gieterijstraat 92, 3600 Genk.

Is W GROUP II still active?

Yes. According to the CBE (29 October 2026) W GROUP II is active, legal situation “Normale toestand”, started on 13 September 1991.

Is W GROUP II registered on Peppol?

Yes, W GROUP II is registered on the Peppol network with ID 0208:0445091923.

What is the enterprise number of W GROUP II?

The enterprise number of W GROUP II is BE0445091923.

When was W GROUP II founded?

W GROUP II was founded on 13 September 1991.

Who are the directors of W GROUP II?

According to the 2025 annual accounts, the directors of W GROUP II are: GROEP TOM HEEREN.

Is W GROUP II a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 September 1991; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 2 establishments in the CBE.

How much profit did W GROUP II make in 2025?

W GROUP II recorded a loss after taxes of € 1,020,854 in financial year 2025.

What is the revenue of W GROUP II?

As a small company, W GROUP II is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 373,514.

How much does an employee at W GROUP II earn?

The average wage cost per full-time employee at W GROUP II was € 54,400 in 2025: staff costs of € 1.1 million for 20.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does W GROUP II have?

According to the 2025 annual accounts, W GROUP II has 20.1 full-time equivalents (FTE).

W GROUP II (Public Limited) - Genk - BE0445091923

Dossier W GROUP II, printed on 29 October 2026 from databakkes.be/en/0445091923/w-group-ii. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

W GROUP II from Genk, company number BE0445091923, closed financial year 2025 with a result of € -1 million after tax. For that financial year W GROUP II recorded a gross margin of € 373,514 and equity of € -173,901. Compared with financial year 2024, the result moved from € -624,007 to € -1 million. 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 July 10, 2026.

What it is worth Caution

€ -173,901

▼ € 412,364 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -1 million

▼ 64 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3,056

▼ 88% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -1.1 million.

People and assets in 2025

Full-time equivalents

20.1

▲ 12.8 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.1 million

▲ 177% vs 2024

€ 54,400 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.

Vehicles and equipment

€ 277,297

▲ 33% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 203,334

▼ 16% vs 2024

€ 40,000 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 460,501

▲ 205% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 157,677

▲ 128% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 346,369 Gross margin 2022: € 346,369 First fiscal year in the series	€ -106,762 Gross margin 2023: € -106,762 ▼ € 453,131 vs 2022 (€ 346,369) Unfavourable step	€ -22,970 Gross margin 2024: € -22,970 ▲ € 83,792 vs 2023 (€ -106,762) Favourable step	€ 373,514 Gross margin 2025: € 373,514 ▲ € 396,484 vs 2024 (€ -22,970) Favourable step	▲ € 396,484
Profit after taxes	€ -108,260 Profit after taxes 2022: € -108,260 First fiscal year in the series	€ -559,352 Profit after taxes 2023: € -559,352 ▼ € 451,093 vs 2022 (€ -108,260) Unfavourable step	€ -624,007 Profit after taxes 2024: € -624,007 ▼ € 64,655 vs 2023 (€ -559,352) Unfavourable step	€ -1,020,854 Profit after taxes 2025: € -1,020,854 ▼ € 396,847 vs 2024 (€ -624,007) Unfavourable step	▼ € 396,847
Equity	€ 1,421,822 Equity 2022: € 1,421,822 First fiscal year in the series	€ 862,470 Equity 2023: € 862,470 ▼ 39% vs 2022 (€ 1,421,822) Unfavourable step	€ 238,463 Equity 2024: € 238,463 ▼ 72% vs 2023 (€ 862,470) Unfavourable step	€ -173,901 Equity 2025: € -173,901 ▼ € 412,364 vs 2024 (€ 238,463) Unfavourable step	▼ € 412,364
Total debts	€ 580,428 Total debts 2022: € 580,428 First fiscal year in the series	€ 1,708,779 Total debts 2023: € 1,708,779 ▲ 194% vs 2022 (€ 580,428) Unfavourable step	€ 2,247,705 Total debts 2024: € 2,247,705 ▲ 32% vs 2023 (€ 1,708,779) Unfavourable step	€ 8,907,853 Total debts 2025: € 8,907,853 ▲ 296% vs 2024 (€ 2,247,705) Unfavourable step	▲ 296%
Cash	€ 6,415 Cash 2022: € 6,415 First fiscal year in the series	€ 1,658 Cash 2023: € 1,658 ▼ 74% vs 2022 (€ 6,415) Unfavourable step	€ 25,565 Cash 2024: € 25,565 ▲ € 23,907 vs 2023 (€ 1,658) Favourable step	€ 3,056 Cash 2025: € 3,056 ▼ 88% vs 2024 (€ 25,565) Unfavourable step	▼ 88%
Retained profit	€ 1,105,312 Retained profit 2022: € 1,105,312 First fiscal year in the series	€ 545,960 Retained profit 2023: € 545,960 ▼ 51% vs 2022 (€ 1,105,312) Unfavourable step	€ -78,047 Retained profit 2024: € -78,047 ▼ € 624,007 vs 2023 (€ 545,960) Unfavourable step	€ -1,098,901 Retained profit 2025: € -1,098,901 ▼ € 1 million vs 2024 (€ -78,047) Unfavourable step	▼ € 1 million
Bank debt	€ 323,333 Bank debt 2022: € 323,333 First fiscal year in the series	€ 283,333 Bank debt 2023: € 283,333 ▼ 12% vs 2022 (€ 323,333) Favourable step	€ 243,333 Bank debt 2024: € 243,333 ▼ 14% vs 2023 (€ 283,333) Favourable step	€ 203,334 Bank debt 2025: € 203,334 ▼ 16% vs 2024 (€ 243,333) Favourable step	▼ 16%
Balance sheet total	€ 2,002,250 Balance sheet total 2022: € 2,002,250 First fiscal year in the series	€ 2,571,249 Balance sheet total 2023: € 2,571,249 ▲ 28% vs 2022 (€ 2,002,250) Unchanged	€ 2,486,168 Balance sheet total 2024: € 2,486,168 ▼ 3% vs 2023 (€ 2,571,249) Unchanged	€ 8,733,952 Balance sheet total 2025: € 8,733,952 ▲ 251% vs 2024 (€ 2,486,168) Unchanged	▲ 251%
Employees (FTE)	8.4 Employees (FTE) 2022: 8.4 First fiscal year in the series	6.3 Employees (FTE) 2023: 6.3 ▼ 2.1 vs 2022 (8.4) Unchanged	7.3 Employees (FTE) 2024: 7.3 ▲ 1 vs 2023 (6.3) Unchanged	20.1 Employees (FTE) 2025: 20.1 ▲ 12.8 vs 2024 (7.3) Unchanged	▲ 12.8

Key figures of W GROUP II, 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 W GROUP II?

What happened at W GROUP II in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 10, 2026 New annual accounts for financial year 2025: loss of € 1 million. Source: NBB ↗
May 1, 2025 New establishment in Pelt. KBO
2021 GROEP TOM HEEREN became a director. NBB
Dec 3, 1991 New establishment in Genk. KBO
Sep 13, 1991 Start of the company according to the CBE. KBO

In short

From € 108,260 loss in 2022 to € 1 million loss in 2025.

Paid € 1,134 in corporate taxes since 2022.

On average € 18,600 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

WALTH 100%

Groep Tom Heeren

The stake of WALTH, Groep Tom Heeren comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

W GROUP II

Behind W GROUP II is GROEP TOM HEEREN. The shares are held by WALTH (100%) and Groep Tom Heeren.

Directors

According to the 2025 annual accounts

GROEP TOM HEEREN

Director · represented by Tom Heeren

Also active at: WALTH, W GROUP I, THE SELFMADE COMPANY, GROEP BMV, GROEP ANTWERPSE BOUWMARKTEN, GROEP LIMBURGSE BOUWMARKTEN, ADDIS, D.H.Z. +6 more

since 2021

Shareholders

WALTH

100%

Groep Tom Heeren

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Gieterijstraat 92

3600 Genk

2.372.519.832

Haltstraat 104

3900 Pelt

Active since 1 May 2025

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 →

ROMULUS & REMUS PROJECTS

€ 93,745 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0445.091.923

VAT number

BE 0445.091.923

Registered office

Gieterijstraat 92, 3600 Genk

Names & denominations

W GROUP II

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

13 September 1991

Peppol

Active · Active since 20 Dec 2025

Activities · NACE

Groothandel in hout

Groothandel in overige bouwmaterialen

Detailhandel in overige bouwmaterialen, neg

Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)

View on CBE Public ↗ Annual accounts (NBB) ↗

W GROUP II

Warning lights

Financials

What happened to W GROUP II?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions