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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Shrinking team NBB
FTE fell two years in a row, from 43.3 to 37.8.
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Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2026
WV2 from Gent, company number BE0627973149, closed financial year 2026 with a result of € 152,669 after tax. For that financial year WV2 recorded revenue of € 3.9 million and equity of € 878,222. Compared with financial year 2025, the result moved from € 158,719 to € 152,669. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 1, 2026.
€ 878,222
▼ 38% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 152,669
▼ 4% vs 2025
Profit after tax over the fiscal year.
€ 303,961
▲ 18% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 700,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
37.8
▼ 4.6 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 2.5 million
▲ 16% vs 2025
€ 65,400 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.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 301,065
▼ 1% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 103 days on average.
€ 416,220
▲ 40% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 3,417,810 | € 3,590,172 | € 3,561,738 | € 3,934,548 | ▲ 10% |
| Profit after taxes | € 123,789 | € 138,310 | € 158,719 | € 152,669 | ▼ 4% |
| Equity | € 1,928,524 | € 2,066,834 | € 1,425,553 | € 878,222 | ▼ 38% |
| Total debts | € 620,733 | € 630,165 | € 601,532 | € 717,719 | ▲ 19% |
| Cash | € 586,974 | € 1,017,974 | € 258,673 | € 303,961 | ▲ 18% |
| Retained profit | € 1,720,943 | € 1,859,253 | € 1,217,972 | € 670,641 | ▼ 45% |
| Dividend | € 100,000 | € 0 | € 800,000 | € 700,000 | ▼ 12% |
| Bank debt | € 77,414 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 2,549,257 | € 2,696,999 | € 2,027,085 | € 1,595,940 | ▼ 21% |
| Employees (FTE) | 40.9 | 43.3 | 42.4 | 37.8 | ▼ 4.6 |
Key figures of WV2, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to WV2?
What happened at WV2 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 152,669 (▼ 4% vs 2025). Source: NBB ↗
- New establishment in Schaarbeek. KBO
- New establishment in Mechelen. KBO
- New establishment in Aarschot. KBO
- New establishment in Liège. KBO
- New establishment in Evere. KBO
- New establishment in Kortrijk. KBO
- New establishment in Leuven. KBO
In short
From € 123,789 profit in 2023 to € 152,669 profit in 2026.
Paid € 247,933 in corporate taxes since 2023.
Best year ever: 2025, with € 158,719 profit.
Paid out € 1.6 million in dividends to the owners in total.
Management
Behind WV2 are KRIS CASTELEIN, JO WILLEMYNS, STEFAAN VANDAMME, JEF COLRUYT and STEFAN GOETHAERT. The shares are held by Bike Republic NV (100%).
Directors
According to the 2026 annual accounts
since 2019
since 2022
since 2019
since 2019
since 2022
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Tramstraat 63
9052 Gent
Kareelveld 8A
3000 Leuven
Active since 1 June 2015
Ringlaan 11
8520 Kuurne
Active since 1 June 2015
Leuvensesteenweg 356
3190 Boortmeerbeek
Active since 1 June 2015
Robert Dansaertlaan 9b
1702 Dilbeek
Active since 6 March 2021
Westerring 41
9700 Oudenaarde
Active since 1 January 2021
Vilvoordsesteenweg 307
1850 Grimbergen
Active since 5 June 2021
Vaartstraat 19
8630 Veurne
Active since 4 March 2022
Kortrijksesteenweg 1078
9051 Gent
Active since 3 May 2022
Bondgenotenlaan 2
3000 Leuven
Active since 17 September 2024
Budastraat(Kor) 9
8500 Kortrijk
Active since 15 January 2025
Rue de Beaufraipont 20
4032 Liège
Active since 1 April 2026
L. Grosjeanlaan 84-86-88
1140 Evere
Active since 1 April 2026
Th. De Beckerstraat 30
3200 Aarschot
Active since 22 June 2026
Hoogstraat 18-20
2800 Mechelen
Active since 10 August 2026
Topaaslaan 52
1030 Schaarbeek
Active since 19 August 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0627.973.149
- VAT number
- BE 0627.973.149
- Registered office
- Tramstraat 63, 9052 Gent
- Names & denominations
- WV2
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 March 2015
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
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