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 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WEP INTERNATIONAL from Koekelberg, company number BE0476725504, closed financial year 2025 with a result of € 4 million after tax. For that financial year WEP INTERNATIONAL recorded revenue of € 4.3 million and equity of € 6.5 million. Compared with financial year 2024, the result moved from € 3.2 million to € 4 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 8, 2026.
€ 6.5 million
▲ 97% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4 million
▲ 27% vs 2024
Profit after tax over the fiscal year.
€ 121,068
▲ € 102,899 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 833,383 paid out
21 % of the profit went to the shareholders, mostly to Discovery Holding (100 % of the shares). That is where the money ends up.
People and assets in 2025
6.7
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 649,734
▼ 3% vs 2024
€ 97,000 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.
€ 7,638
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 14.3 million
▲ 61% vs 2024
€ 1.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 560,799
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 75 days on average.
€ 163,342
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,653,653 | € 2,665,020 | € 2,963,954 | € 4,251,203 | ▲ 43% |
| Profit after taxes | € 2,369,369 | € 3,642,513 | € 3,166,059 | € 4,019,618 | ▲ 27% |
| Equity | € 2,724,058 | € 3,424,180 | € 3,300,912 | € 6,487,148 | ▲ 97% |
| Total debts | € 3,587,250 | € 8,360,985 | € 12,880,824 | € 16,308,770 | ▲ 27% |
| Cash | € 57,031 | € 73,827 | € 18,169 | € 121,068 | ▲ € 102,899 |
| Land & buildings | € 15,849 | € 14,654 | € 13,458 | € 12,262 | ▼ 9% |
| Retained profit | € 19,901 | € 720,023 | € 596,755 | € 3,782,990 | ▲ € 3.2 million |
| Dividend | € 2,642,630 | € 2,942,390 | € 3,289,327 | € 833,383 | ▼ 75% |
| Bank debt | € 422,300 | € 5,095,055 | € 8,912,871 | € 14,306,253 | ▲ 61% |
| Balance sheet total | € 6,311,308 | € 11,785,166 | € 16,181,737 | € 22,795,918 | ▲ 41% |
| Employees (FTE) | 7 | 6.3 | 7.5 | 6.7 | ▼ 0.8 |
Key figures of WEP INTERNATIONAL, 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 April 2027.
What happened to WEP INTERNATIONAL?
What happened at WEP INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Discovery Holding SRL stepped down as director. NBB
- Lorenzo AGATI stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4 million (▲ 27% vs 2024). Source: NBB ↗
- Discovery Holding SRL became a director. NBB
- Lorenzo AGATI became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Koekelberg. KBO
In short
From € 2.4 million profit in 2022 to € 4 million profit in 2025.
Paid € 177,818 in corporate taxes since 2022.
Best year ever: 2025, with € 4 million profit.
Paid out € 9.7 million in dividends to the owners in total.
Management
The shares are held by Discovery Holding (100%). It owns 100% of My Education - Norge AS, 100% of Wep AUST PTY, 100% of CLS - Company of Linguistic Services, 100% of Wep Polska, 100% of WEP SRL and 100% of Rejsespecialisten ApS itself.
Directors
According to the 2025 annual accounts
since 2022 · until 2028
since 2022 · until 2028
Shareholders
100%
Participations
Wep AUST PTY
100%
CLS - Company of Linguistic Services
100%
Wep Polska
100%
WEP SRL
100%
Rejsespecialisten ApS
100%
Camps International
100%
100%
100%
Apollo Language Center
100%
My education UK
100%
WEP SARL
99.9%
20%
Establishments
Establishment units
Physical locations of this company
Jetselaan 26
1081 Koekelberg
Jetselaan 32 box 4
1081 Koekelberg
Active since 11 January 2002
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.
Website
Domain
Domain
wepinternational.org
Registered
2009-01-15
Registrar
GoDaddy.com, LLC
Expires
2029-01-15
Website info
Features
Details
- Company number
- 0476.725.504
- VAT number
- BE 0476.725.504
- Registered office
- Jetselaan 26, 1081 Koekelberg
- Names & denominations
- WEP INTERNATIONAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 January 2002
- Peppol
- Active · Active since 5 Dec 2025
- Contact
- wepinternational.org
- Activities · NACE
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