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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 15 to 8.9.
Financials
Financial year 2025
WEGRA from Pelt, company number BE0466037983, closed financial year 2025 with a result of € -581,135 after tax. For that financial year WEGRA recorded a gross margin of € 499,318 and equity of € -5.5 million. Compared with financial year 2024, the result moved from € -331,677 to € -581,135. 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 June 26, 2026.
€ -5.5 million
▼ € 581,801 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -581,135
▼ 75 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,941
▼ 86% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -8.1 million.
People and assets in 2025
8.9
▼ 2.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 694,826
▼ 22% vs 2024
€ 78,100 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.
€ 444
▼ 83% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6 million
▲ 10% vs 2024
€ 719,133 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 110,453
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 62,682
▼ 44% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,072,244 | € 432,131 | € 1,036,575 | € 499,318 | ▼ 52% |
| Profit after taxes | € -74,435 | € -903,443 | € -331,677 | € -581,135 | ▼ € 249,458 |
| Equity | € -3,671,644 | € -4,577,720 | € -4,912,030 | € -5,493,831 | ▼ € 581,801 |
| Total debts | € 4,506,342 | € 5,556,132 | € 5,645,377 | € 6,136,104 | ▲ 9% |
| Cash | € 5,938 | € 58,321 | € 13,410 | € 1,941 | ▼ 86% |
| Land & buildings | € 223,253 | € 180,613 | € 137,970 | € 126,699 | ▼ 8% |
| Retained profit | € -6,239,576 | € -7,143,019 | € -7,474,696 | € -8,055,831 | ▼ € 581,135 |
| Bank debt | € 4,255,825 | € 5,123,660 | € 5,441,986 | € 5,962,042 | ▲ 10% |
| Balance sheet total | € 834,698 | € 978,412 | € 733,348 | € 642,274 | ▼ 12% |
| Employees (FTE) | 15.4 | 15 | 11.8 | 8.9 | ▼ 2.9 |
Key figures of WEGRA, 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 WEGRA?
What happened at WEGRA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 581,135. Source: NBB ↗
- Meddet NV became a director. NBB
- New establishment in Pelt. KBO
- Start of the company according to the CBE. KBO
In short
From € 74,435 loss in 2022 to € 581,135 loss in 2025.
Paid € 1,746 in corporate taxes since 2022.
On average € 56,100 of value added per employee in 2025.
Management
The stake of MEDDET comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WEGRABehind WEGRA is Meddet NV. The shares are held by MEDDET (68.9%).
Establishments
Establishment units
Physical locations of this company
Lieven Gevaertlaan 8
3900 Pelt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Domain
Domain
wegra.com
Registered
2000-03-10
Registrar
Hosting Concepts B.V. d/b/a Registrar.eu
Expires
2027-03-10
Website info
Features
Security
Details
- Company number
- 0466.037.983
- VAT number
- BE 0466.037.983
- Registered office
- Lieven Gevaertlaan 8, 3900 Pelt
- Names & denominations
- WEGRA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 May 1999
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- wegra.com
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