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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Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DE GULDEN WAL from Temse, company number BE0448734965, closed financial year 2025 with a result of € 92,859 after tax. For that financial year DE GULDEN WAL recorded a gross margin of € 181,103 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € -7,167 to € 92,859. Profitable, and profit is growing. 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 July 17, 2026.
€ 1.1 million
▼ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 92,859
▲ still € 7,167 loss in 2024
Profit after tax over the fiscal year.
€ 12,880
▲ € 10,458 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 153,944.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 42,526
▲ 63% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -11,385 | € 246,551 | € 5,005 | € 181,103 | ▲ € 176,098 |
| Profit after taxes | € -19,196 | € 201,735 | € -7,167 | € 92,859 | ▲ € 100,027 |
| Equity | € 611,470 | € 1,811,384 | € 1,803,750 | € 1,137,054 | ▼ 37% |
| Total debts | € 51,461 | € 192,032 | € 77,975 | € 419,509 | ▲ € 341,534 |
| Cash | € 16,738 | € 210,514 | € 2,422 | € 12,880 | ▲ € 10,458 |
| Land & buildings | € 87,565 | € 1,281,274 | € 1,533,302 | € 1,330,338 | ▼ 13% |
| Retained profit | € -2,670 | € 68,718 | € 61,085 | € 153,944 | ▲ 152% |
| Dividend | € 0 | € 130,347 | € 0 | € 0 | |
| Balance sheet total | € 665,089 | € 2,005,279 | € 1,883,688 | € 1,558,157 | ▼ 17% |
Key figures of DE GULDEN WAL, 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 DE GULDEN WAL?
What happened at DE GULDEN WAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Walter Meeus stepped down as director. NBB
- Maggie Meeus stepped down as director. NBB
- Mark Cools stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 92,859. Source: NBB ↗
- Walter Meeus became a director. NBB
- Maggie Meeus became a director. NBB
- Mark Cools became a director. NBB
- New establishment in Temse. KBO
In short
From € 19,196 loss in 2022 to € 92,859 profit in 2025.
Paid € 78,524 in corporate taxes since 2022.
Best year ever: 2023, with € 201,735 profit.
Paid out € 130,347 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
since 2025 · until 2031
Maggie Meeus
Director
since 2025 · until 2031
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Akkerstraat 55
9140 Temse
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.734.965
- VAT number
- BE 0448.734.965
- Registered office
- Akkerstraat 55, 9140 Temse
- Names & denominations
- DE GULDEN WAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 November 1992
- Peppol
- Active · Active since 17 Nov 2025