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 2 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WG 625 from Tielt, company number BE0677625766, closed financial year 2025 with a result of € 16,445 after tax. For that financial year WG 625 recorded a gross margin of € 112,333 and equity of € -1.1 million. Compared with financial year 2024, the result moved from € -1.3 million to € 16,445. Profitable, and profit is growing. 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 August 20, 2026.
€ -1.1 million
▲ € 16,445 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,445
▲ still € 1.3 million loss in 2024
Profit after tax over the fiscal year.
€ 70,044
▼ 27% 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 € -1.3 million.
Debts at end 2025
€ 1.6 million
▼ 6% vs 2024
€ 124,145 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 14,353
▲ € 12,863 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 40,959 | € 83,932 | € 12,527 | € 112,333 | ▲ € 99,806 |
| Profit after taxes | € -7,657 | € 35,977 | € -1,329,141 | € 16,445 | ▲ € 1.3 million |
| Equity | € 211,159 | € 247,136 | € -1,082,005 | € -1,065,560 | ▲ € 16,445 |
| Total debts | € 708,977 | € 678,851 | € 3,968,468 | € 1,917,572 | ▼ 52% |
| Cash | € 5,929 | € 39,322 | € 96,333 | € 70,044 | ▼ 27% |
| Land & buildings | € 912,063 | € 884,576 | € 420,500 | € 420,500 | |
| Retained profit | € -38,841 | € -2,864 | € -1,332,005 | € -1,315,560 | ▲ € 16,445 |
| Bank debt | € 642,050 | € 634,299 | € 1,730,350 | € 1,624,622 | ▼ 6% |
| Balance sheet total | € 920,136 | € 925,987 | € 2,886,464 | € 852,013 | ▼ 70% |
Key figures of WG 625, 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 WG 625?
What happened at WG 625 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,445. filed late Source: NBB ↗
- Dupro NV became a director. NBB
- Relion NV became a director. NBB
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,657 loss in 2022 to € 16,445 profit in 2025.
Best year ever: 2023, with € 35,977 profit.
Management
The stake of DUPRO, RELION comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WG 625Behind WG 625 are Dupro NV and Relion NV. The shares are held by DUPRO (50%) and RELION (50%).
Directors
According to the 2025 annual accounts
Director · represented by Carmen Bekaert
Also active at: ENTER GREEN AVENUE, GRAAF JANSDIJK CONSTRUCT, TR 11, BLOMFIELD RESIDENCE
since 2024
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ingelmunstersteenweg 23
8760 Tielt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →TUK TUK
€ 7,507 gross margin · 2025
RELION same network
€ 930,855 gross margin · 2025
4C-Group
€ 119,988 gross margin · 2025
TORH
€ 279,071 gross margin · 2025
BM BANT
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0677.625.766
- VAT number
- BE 0677.625.766
- Registered office
- Ingelmunstersteenweg 23, 8760 Tielt
- Names & denominations
- WG 625
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 June 2017
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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