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 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Wespennest from Brugge, company number BE0479164855, closed financial year 2025 with a result of € -15,576 after tax. For that financial year Wespennest recorded a gross margin of € 13,741 and equity of € -116,447. Compared with financial year 2024, the result moved from € -17,273 to € -15,576. 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 April 29, 2026.
€ -116,447
▼ € 16,244 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,576
▲ 10 % less loss than in 2024
Profit after tax over the fiscal year.
€ 11,672
▲ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -135,047.
People and assets in 2025
€ 37,104
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,769
▲ 186% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,441
▲ 50% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,210 | € 16,667 | € 9,993 | € 13,741 | ▲ 38% |
| Profit after taxes | € -16,147 | € -6,219 | € -17,273 | € -15,576 | ▲ € 1,697 |
| Equity | € -76,711 | € -82,930 | € -100,203 | € -116,447 | ▼ € 16,244 |
| Total debts | € 121,714 | € 210,273 | € 207,577 | € 203,062 | ▼ 2% |
| Cash | € 529 | € 5,061 | € 9,254 | € 11,672 | ▲ 26% |
| Land & buildings | € 40,998 | € 33,106 | € 25,213 | € 17,321 | ▼ 31% |
| Retained profit | € -95,311 | € -101,530 | € -118,803 | € -135,047 | ▼ € 16,244 |
| Bank debt | € 22,689 | € 14,201 | € 3,992 | € 0 | ▼ 100% |
| Balance sheet total | € 45,002 | € 127,343 | € 107,374 | € 86,614 | ▼ 19% |
Key figures of Wespennest, 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 Wespennest?
What happened at Wespennest in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 15,576. Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,147 loss in 2022 to € 15,576 loss in 2025.
Management
Behind Wespennest are Fabian Hessels and Koen Hessels. Koen Hessels is also behind MEMLINC and CYGNUS HOTEL GROUP.
Directors
According to the 2025 annual accounts
Fabian Hessels
Director
Establishments
Establishment units
Physical locations of this company
Groenerei 16 box B
8000 Brugge
Groenerei 16
8000 Brugge
Active since 16 April 2003
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
- 0479.164.855
- VAT number
- BE 0479.164.855
- Registered office
- Groenerei 16 bus B, 8000 Brugge
- Names & denominations
- Wespennest
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 2002
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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