Financials
Financial year 2025
WD GRO from Gistel, company number BE0502656770, closed financial year 2025 with a result of € 15,039 after tax. For that financial year WD GRO recorded a gross margin of € 204,438 and equity of € 144,019. Compared with financial year 2024, the result moved from € 34,060 to € 15,039. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 1, 2026.
€ 144,019
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,039
▼ 56% vs 2024
Profit after tax over the fiscal year.
€ 130,353
▼ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 21,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 125,492
▲ 7% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 242,637
▲ 73% vs 2024
Of which on lease € 238,363.
Debts at end 2025
€ 183,382
▲ 58% vs 2024
€ 47,315 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 25,436
▲ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,051
▼ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 163,725 | € 204,264 | € 224,958 | € 204,438 | ▼ 9% |
| Profit after taxes | € 13,878 | € 33,227 | € 34,060 | € 15,039 | ▼ 56% |
| Equity | € 82,693 | € 115,920 | € 149,980 | € 144,019 | ▼ 4% |
| Total debts | € 266,072 | € 252,430 | € 194,886 | € 294,555 | ▲ 51% |
| Cash | € 64,995 | € 100,197 | € 141,819 | € 130,353 | ▼ 8% |
| Retained profit | € 64,093 | € 97,320 | € 131,380 | € 125,419 | ▼ 5% |
| Dividend | € 16,888 | € 0 | € 0 | € 21,000 | |
| Bank debt | € 182,571 | € 147,213 | € 115,737 | € 183,382 | ▲ 58% |
| Balance sheet total | € 348,765 | € 370,708 | € 352,733 | € 447,975 | ▲ 27% |
Key figures of WD GRO, 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 WD GRO?
What happened at WD GRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15,039 (▼ 56% vs 2024). Source: NBB ↗
- New establishment in Gistel. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,878 profit in 2022 to € 15,039 profit in 2025.
Paid € 20,941 in corporate taxes since 2022.
Best year ever: 2024, with € 34,060 profit.
Paid out € 37,888 in dividends to the owners in total.
Management
Behind WD GRO are Geert De Waele and William De Waele. Geert De Waele is also behind DEVA RECYCLING.
Directors
According to the 2025 annual accounts
William De Waele
Director
Establishments
Establishment units
Physical locations of this company
Moerestraat 188 A
8470 Gistel
Moerestraat 188 box A
8470 Gistel
Active since 22 January 2013
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
- 0502.656.770
- VAT number
- BE 0502.656.770
- Registered office
- Moerestraat 188 A, 8470 Gistel
- Names & denominations
- WD GRO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 2013
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
Bouwrijp maken van terreinen
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden
Goederenvervoer over de weg
Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw
Overige zakelijke dienstverlening, neg