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 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
WIELS CENTRE D'ARTS CONTEMPORAINS - CENTRUM VOOR HEDENDAAGSE KUNST from Vorst, company number BE0478422608, closed financial year 2025 with a result of € -290,755 after tax. For that financial year WIELS CENTRE D'ARTS CONTEMPORAINS - CENTRUM VOOR HEDENDAAGSE KUNST recorded a gross margin of € 1.6 million and equity of € -463,319. Compared with financial year 2024, the result moved from € -77,244 to € -290,755. 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 1, 2026.
€ -463,319
▼ € 540,925 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -290,755
▼ 276 % more loss than in 2024
Profit after tax over the fiscal year.
€ 365,236
▲ 170% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
21.8
▼ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▼ 8% vs 2024
€ 58,100 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.
€ 66,305
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 925,402
▼ 11% vs 2024
€ 109,336 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 689,809
▲ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 260,673
▼ 6% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,528,542 | € 2,088,732 | € 1,977,601 | € 1,611,702 | ▼ 19% |
| Profit after taxes | € -211,708 | € 150,211 | € -77,244 | € -290,755 | ▼ € 213,512 |
| Equity | € 753,745 | € 529,465 | € 77,606 | € -463,319 | ▼ € 540,925 |
| Total debts | € 2,661,343 | € 2,416,357 | € 2,064,650 | € 2,497,386 | ▲ 21% |
| Cash | € 286,493 | € 458,210 | € 135,259 | € 365,236 | ▲ 170% |
| Land & buildings | € 2,028,199 | € 1,481,115 | € 933,190 | € 447,864 | ▼ 52% |
| Retained profit | € -444,010 | € -293,799 | € -371,043 | € -661,798 | ▼ € 290,755 |
| Bank debt | € 1,212,634 | € 1,262,857 | € 1,038,411 | € 925,402 | ▼ 11% |
| Balance sheet total | € 3,415,088 | € 2,945,822 | € 2,142,257 | € 2,034,067 | ▼ 5% |
| Employees (FTE) | 22.8 | 23.8 | 23 | 21.8 | ▼ 1.2 |
Key figures of WIELS CENTRE D'ARTS CONTEMPORAINS - CENTRUM VOOR HEDENDAAGSE KUNST, 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 WIELS CENTRE D'ARTS CONTEMPORAINS - CENTRUM VOOR HEDENDAAGSE KUNST?
What happened at WIELS CENTRE D'ARTS CONTEMPORAINS - CENTRUM VOOR HEDENDAAGSE KUNST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MICHEL MOORTGAT stepped down as director. NBB
- SYLVIE BEAUFOUR stepped down as director. NBB
- PIERRE ISERBYT stepped down as director. NBB
- PATRICIA VAN THILLO stepped down as director. NBB
- MICHEL CIGRANG stepped down as director. NBB
- FREDERIC ROUVEZ stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 290,755. Source: NBB ↗
- MARTINE EYKERMAN stepped down as director. NBB
In short
From € 211,708 loss in 2022 to € 290,755 loss in 2025.
Best year ever: 2023, with € 150,211 profit.
On average € 73,900 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
since 2023 · until 2028
SYLVIE BEAUFOUR
Director
since 2024 · until 2029
since 2023 · until 2028
PIERRE ISERBYT
Director
since 2024 · until 2029
MARTINE EYKERMAN
Director
since 2021 · until 2026
since 2022 · until 2027
MICHEL MOORTGAT
Chairman of the board
since 2025 · until 2030
Establishments
Establishment units
Physical locations of this company
Van Volxemlaan 354
1190 Vorst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0478.422.608
- VAT number
- BE 0478.422.608
- Registered office
- Van Volxemlaan 354, 1190 Vorst
- Names & denominations
- WIELS · WIELS CENTRE D'ARTS CONTEMPORAINS - CENTRUM VOOR HEDENDAAGSE KUNST
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 8 July 2002
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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