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 43 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WEVANO from Sint-Martens-Latem, company number BE0448888878, closed financial year 2025 with a result of € 118,172 after tax. For that financial year WEVANO recorded revenue of € 461,516 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 154,364 to € 118,172. The company is profitable. 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 December 19, 2025.
€ 1.3 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 118,172
▼ 23% vs 2024
Profit after tax over the fiscal year.
€ 245,749
▼ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 97,762 paid out
83 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 78,404
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 36,666
▼ 35% vs 2024
€ 20,000 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 38,106
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 47 days on average.
€ 46,881
▲ 30% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 536,697 | € 548,805 | € 461,516 | ▼ 16% |
| Gross margin | € 291,250 | - | - | - | |
| Profit after taxes | € 138,001 | € 182,873 | € 154,364 | € 118,172 | ▼ 23% |
| Equity | € 1,055,835 | € 1,238,707 | € 1,305,993 | € 1,326,403 | ▲ 2% |
| Total debts | € 944,932 | € 897,744 | € 463,972 | € 975,019 | ▲ 110% |
| Cash | € 705,160 | € 909,195 | € 439,487 | € 245,749 | ▼ 44% |
| Land & buildings | € 1,210,146 | € 1,164,155 | € 1,118,165 | € 1,072,174 | ▼ 4% |
| Retained profit | € 1,037,243 | € 1,220,115 | € 1,287,401 | € 1,307,811 | ▲ 2% |
| Dividend | € 0 | € 0 | € 87,079 | € 97,762 | ▲ 12% |
| Bank debt | € 110,000 | € 76,666 | € 56,666 | € 36,666 | ▼ 35% |
| Balance sheet total | € 2,058,574 | € 2,191,946 | € 1,823,147 | € 2,352,291 | ▲ 29% |
Key figures of WEVANO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to WEVANO?
What happened at WEVANO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 118,172 (▼ 23% vs 2024). Source: NBB ↗
- Marie Christine Forrez became a director. NBB
- Geert Mertens became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 138,001 profit in 2022 to € 118,172 profit in 2025.
Paid € 228,666 in corporate taxes since 2022.
Best year ever: 2023, with € 182,873 profit.
Paid out € 184,841 in dividends to the owners in total.
Management
Behind WEVANO are Marie Christine Forrez and Geert Mertens. The same people are also behind FORREZ INTERNATIONAL and FORREZ WALLONIE. Geert Mertens is also behind SPACERENT, NORISC, PNEUS FORREZ, X PNEUS and Forrez Services.
Directors
According to the 2025 annual accounts
since 2019
Geert Mertens
Director
Also active at: SPACERENT, NORISC, FORREZ INTERNATIONAL, PNEUS FORREZ, X PNEUS, FORREZ WALLONIE, Forrez Services
since 2019
Establishments
Establishment units
Physical locations of this company
Paalsteen 1
9830 Sint-Martens-Latem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0448.888.878
- VAT number
- BE 0448.888.878
- Registered office
- Paalsteen 1, 9830 Sint-Martens-Latem
- Names & denominations
- WEVANO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 1992
- Peppol
- Active · Active since 16 Sept 2025
- Activities · NACE
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