Financials
Financial year 2025
WAGO BELUX from Zaventem, company number BE0505806401, closed financial year 2025 with a result of € 420,641 after tax. For that financial year WAGO BELUX recorded revenue of € 20.1 million and equity of € 5.4 million. Compared with financial year 2024, the result moved from € 429,725 to € 420,641. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 5.4 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 420,641
▼ 2% vs 2024
Profit after tax over the fiscal year.
€ 1.8 million
▲ 234% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 4.3 million.
People and assets in 2025
24.1
▼ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.8 million
▲ 2% vs 2024
€ 118,000 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.
€ 73,345
▼ 13% 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.
€ 1.1 million
▲ 123% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 23 days on average.
€ 538,849
▼ 39% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 20,035,108 | € 22,390,097 | € 19,984,331 | € 20,144,536 | ▲ 1% |
| Profit after taxes | € 483,323 | € 386,197 | € 429,725 | € 420,641 | ▼ 2% |
| Equity | € 4,188,468 | € 4,574,665 | € 5,004,390 | € 5,425,031 | ▲ 8% |
| Total debts | € 1,998,119 | € 2,659,925 | € 1,388,334 | € 1,651,598 | ▲ 19% |
| Cash | € 722,107 | € 465,159 | € 525,897 | € 1,758,576 | ▲ 234% |
| Land & buildings | € 892,025 | € 866,805 | € 2,769,828 | € 2,639,630 | ▼ 5% |
| Retained profit | € 3,036,083 | € 3,422,280 | € 3,852,005 | € 4,272,646 | ▲ 11% |
| Balance sheet total | € 6,261,508 | € 7,318,991 | € 6,478,008 | € 7,167,190 | ▲ 11% |
| Employees (FTE) | 22.7 | 23.9 | 25.6 | 24.1 | ▼ 1.5 |
By revenue, WAGO BELUX ranks 5th of 8 companies with main activity “Groothandel in elektrisch materiaal, inclusief installatiemateriaal” in Zaventem that publish figures (fiscal year 2025).
Key figures of WAGO BELUX, 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.
Ask about WAGO BELUX the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to WAGO BELUX?
What happened at WAGO BELUX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Mehdi Sayar stepped down as director. NBB
- Jürgen Koopingraven stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 420,641 (▼ 2% vs 2024). Source: NBB ↗
- Mehdi Sayar became a director. NBB
- Jürgen Koopingraven became a director. NBB
- Capital increase of € 1,500, published in the Gazette. Source: Staatsblad ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Zaventem. KBO
In short
From € 483,323 profit in 2022 to € 420,641 profit in 2025.
Paid € 690,122 in corporate taxes since 2022.
Best year ever: 2022, with € 483,323 profit.
Pays suppliers within 23 days on average.
Management
Directors
According to the 2025 annual accounts
Jürgen Koopingraven
Director
since 2023 · until 2028
Mehdi Sayar
Director
since 2026 · until 2028
Establishments
Establishment units
Physical locations of this company
Excelsiorlaan 11
1930 Zaventem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Zaventem
Same main activity (Groothandel in elektrisch materiaal, inclusief installatiemateriaal), 15 active companies in Zaventem, largest first.
€ 101.6 million revenue · 2025
€ 87.6 million revenue · 2025
€ 45.3 million revenue · 2025
€ 39.2 million revenue · 2025
€ 7.3 million revenue · 2026
€ 2.5 million gross margin · 2025
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Capital increase
Source: Deed ↗- WAGO Kontakttechnik GmbH (nach Schweizer Recht) & Co. KG(Inbrengende Vennootschap) 0.5%
Incorporation
Source: Deed ↗- WAGO Kontakttechnik GmbH (nach Schweizer Recht) & Co. KG(oprichter) 99.5%
- WAGO Auslandsbeteiligungs-GmbH(oprichter) 0.5%
Details
- Company number
- 0505.806.401
- VAT number
- BE 0505.806.401
- Registered office
- Excelsiorlaan 11, 1930 Zaventem
- Names & denominations
- WAGO BELUX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 November 2014
- Peppol
- Active · Active since 30 Sept 2025
- Activities · NACE
Groothandel in elektrisch materiaal, inclusief installatiemateriaal
Groothandel in informatie- en communicatieapparatuur
Groothandel in elektronische en telecommunicatieapparatuur en delen daarvan
Vervaardiging van andere elektrische en elektronische draden en kabels
Handelsbemiddeling in de groothandel in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen
Vervaardiging van andere elektrische apparatuur
Vervaardiging van elektronische onderdelen