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 31 % of short-term debt in 2024; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 1 to 0.1.
Financials
Financial year 2024
WIDEM HOLDING COMPANY from Damme, company number BE0453486975, closed financial year 2024 with a result of € 9.1 million after tax. For that financial year WIDEM HOLDING COMPANY recorded revenue of € 10.5 million and equity of € 24.7 million. Compared with financial year 2023, the result moved from € 6.3 million to € 9.1 million. 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 October 22, 2025.
€ 24.7 million
▲ 46% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9.1 million
▲ 44% vs 2023
Profit after tax over the fiscal year.
€ 279,511
▼ 85% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 1.2 million paid out
14 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
0.1
▼ 0.7 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 59,342
▼ 38% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 13,006
▼ 68% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 34 million
▲ 2% vs 2023
€ 3 million is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 539,484
▼ 23% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 161 days on average.
€ 49,845
▼ 91% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 2,490,409 | € 5,911,045 | € 10,332,219 | € 10,492,211 | ▲ 2% |
| Profit after taxes | € 824,713 | € 5,626,407 | € 6,313,685 | € 9,071,382 | ▲ 44% |
| Equity | € 4,968,899 | € 11,528,250 | € 16,925,683 | € 24,719,190 | ▲ 46% |
| Total debts | € 26,500,268 | € 33,300,672 | € 34,708,966 | € 34,691,356 | |
| Cash | € 128,872 | € 750,039 | € 1,926,862 | € 279,511 | ▼ 85% |
| Land & buildings | € 27,018,463 | € 40,034,334 | € 43,953,678 | € 45,533,397 | ▲ 4% |
| Retained profit | € 4,488,321 | € 9,472,802 | € 15,074,804 | € 22,919,403 | ▲ 52% |
| Dividend | € 1,001,500 | € 645,660 | € 715,417 | € 1,230,517 | ▲ 72% |
| Bank debt | € 21,444,933 | € 31,598,939 | € 33,381,388 | € 34,014,384 | ▲ 2% |
| Balance sheet total | € 31,469,166 | € 44,828,922 | € 51,634,649 | € 59,882,572 | ▲ 16% |
| Employees (FTE) | 1 | 1 | 0.8 | 0.1 | ▼ 0.7 |
Key figures of WIDEM HOLDING COMPANY, 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 WIDEM HOLDING COMPANY?
What happened at WIDEM HOLDING COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 9.1 million (▲ 44% vs 2023). filed late Source: NBB ↗
- New establishment in Damme. KBO
- Start of the company according to the CBE. KBO
In short
From € 824,713 profit in 2021 to € 9.1 million profit in 2024.
Paid € 4.9 million in corporate taxes since 2021.
Best year ever: 2024, with € 9.1 million profit.
Paid out € 3.6 million in dividends to the owners in total.
Management
Behind WIDEM HOLDING COMPANY is Yvan Vande Ghinste. It owns 100% of WIDEM LOGISTIQUE FRANCE, 100% of WIDEM LOGISTICS GMBH, 100% of WIDEM LOGISTICA ITALIA SPRL, 100% of WIDEM SK SRO, 100% of WIDEM LOGISTICS NEDERLAND BV and 100% of WIDEM TRADING itself.
Directors
According to the 2024 annual accounts
Yvan Vande Ghinste
Director
Establishments
Establishment units
Physical locations of this company
Schipdonkvaart-Zuid 1
8340 Damme
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.486.975
- VAT number
- BE 0453.486.975
- Registered office
- Schipdonkvaart-Zuid 1, 8340 Damme
- Names & denominations
- WIDEM HOLDING COMPANY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 September 1994
- Peppol
- Active · Active since 10 Oct 2025
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