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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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WGT from Retie, company number BE0632963404, closed financial year 2025 with a result of € -12,219 after tax. For that financial year WGT recorded a gross margin of € 101,476 and equity of € 5.1 million. Compared with financial year 2024, the result moved from € 375,800 to € -12,219. The company made a loss. 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 June 30, 2026.
€ 5.1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,219
▼ still € 375,800 profit in 2024
Profit after tax over the fiscal year.
€ 21,071
▼ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2 million.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 90,891
€ 90,900 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 2025
€ 17,248
▼ 86% vs 2024
Loans from banks and other lenders, long and short.
€ 173
▼ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,995
▲ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 89,297 | € 99,502 | € 99,403 | € 101,476 | ▲ 2% |
| Profit after taxes | € 244,991 | € 789,877 | € 375,800 | € -12,219 | ▼ € 388,019 |
| Equity | € 3,972,457 | € 4,762,333 | € 5,138,134 | € 5,125,915 | |
| Total debts | € 1,362,495 | € 1,128,690 | € 295,376 | € 44,416 | ▼ 85% |
| Cash | € 158,462 | € 734,343 | € 274,029 | € 21,071 | ▼ 92% |
| Retained profit | € 889,957 | € 1,679,833 | € 2,055,634 | € 2,043,415 | ▼ 1% |
| Bank debt | € 459,192 | € 272,507 | € 120,130 | € 17,248 | ▼ 86% |
| Balance sheet total | € 5,334,952 | € 5,891,024 | € 5,433,509 | € 5,170,331 | ▼ 5% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of WGT, 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 WGT?
What happened at WGT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,219 (▼ € 388,019 vs 2024). Source: NBB ↗
- Guy Smets became a director. NBB
- Wim Smets became a director. NBB
- Paul Smets became a director. NBB
- Tom Smets became a director. NBB
- New establishment in Retie. KBO
- Start of the company according to the CBE. KBO
In short
From € 244,991 profit in 2022 to € 12,219 loss in 2025.
Paid € 2 in corporate taxes since 2022.
Best year ever: 2023, with € 789,877 profit.
On average € 101,500 of value added per employee in 2025.
Management
Behind WGT are Guy Smets, Wim Smets, Paul Smets and Tom Smets. It owns 100% of Algemene aannemingen Smets, 100% of Balens Recyclage- & Aannemingsbedrijf, 99.9% of Transport Vandenboer, 99.9% of Eco-Pack and 99.6% of Smets Lommel itself.
Directors
According to the 2025 annual accounts
since 2020
Wim Smets
bestuurder
Also active at: TRANSPORT VANDENBOER, ALGEMENE AANNEMINGEN SMETS, SMETS LOMMEL, BALENS RECYCLAGE- & AANNEMINGSBEDRIJF
since 2020
Paul Smets
bestuurder
Also active at: TRANSPORT VANDENBOER, ECO - PACK, ALGEMENE AANNEMINGEN SMETS, SMETS LOMMEL, BALENS RECYCLAGE- & AANNEMINGSBEDRIJF, Smets investmaatschappij
since 2020
since 2020
Establishments
Establishment units
Physical locations of this company
Molendijk 20
2470 Retie
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0632.963.404
- VAT number
- BE 0632.963.404
- Registered office
- Molendijk 20, 2470 Retie
- Names & denominations
- WGT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 2015
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
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