Financials
Financial year 2025
GWL-INVEST from Merelbeke-Melle, company number BE0690687411, closed financial year 2025 with a result of € 190,571 after tax. For that financial year GWL-INVEST recorded a gross margin of € 287,731 and equity of € 590,456. Compared with financial year 2024, the result moved from € 141,851 to € 190,571. Profitable, and profit is growing. 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 8, 2026.
€ 590,456
▲ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 190,571
▲ 34% vs 2024
Profit after tax over the fiscal year.
€ 48,836
▼ 71% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 54,500 paid out
29 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 43,848
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 82,314
▼ 17% vs 2024
Loans from banks and other lenders, long and short.
€ 4,647
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 181,118 | € 156,180 | € 232,365 | € 287,731 | ▲ 24% |
| Profit after taxes | € 88,247 | € 83,740 | € 141,851 | € 190,571 | ▲ 34% |
| Equity | € 271,544 | € 322,534 | € 454,385 | € 590,456 | ▲ 30% |
| Total debts | € 237,872 | € 273,116 | € 205,001 | € 254,536 | ▲ 24% |
| Cash | € 71,838 | € 30,646 | € 168,798 | € 48,836 | ▼ 71% |
| Land & buildings | € 150,159 | € 139,671 | € 127,672 | € 115,679 | ▼ 9% |
| Retained profit | € 251,544 | € 302,534 | € 434,385 | € 570,456 | ▲ 31% |
| Dividend | € 0 | € 32,750 | € 10,000 | € 54,500 | ▲ € 44,500 |
| Bank debt | € 101,414 | € 114,586 | € 98,586 | € 82,314 | ▼ 17% |
| Balance sheet total | € 509,416 | € 595,650 | € 659,386 | € 844,992 | ▲ 28% |
Key figures of GWL-INVEST, 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 GWL-INVEST?
What happened at GWL-INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 190,571 (▲ 34% vs 2024). Source: NBB ↗
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 88,247 profit in 2022 to € 190,571 profit in 2025.
Paid € 196,157 in corporate taxes since 2022.
Best year ever: 2025, with € 190,571 profit.
Paid out € 97,250 in dividends to the owners in total.
Management
Behind GWL-INVEST is Geert Welvaert. The shares are held by Geert Welvaert. It owns 33.3% of WVDC Group and 25.5% of WELVACO itself.
Directors
According to the 2025 annual accounts
Shareholders
Geert Welvaert · director
Participations
33.3%
25.5%
Establishments
Establishment units
Physical locations of this company
Hoogstraat 48
9820 Merelbeke-Melle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0690.687.411
- VAT number
- BE 0690.687.411
- Registered office
- Hoogstraat 48, 9820 Merelbeke-Melle
- Names & denominations
- GWL-INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 February 2018
- Peppol
- Active · Active since 5 Aug 2025
- Activities · NACE
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