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 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Waasland West from Waasmunster, company number BE0722791243, closed financial year 2025 with a result of € 433,833 after tax. For that financial year Waasland West recorded a gross margin of € 1.2 million and equity of € 47,679. Compared with financial year 2024, the result moved from € 98,984 to € 433,833. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 47,679
▲ 41% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 433,833
▲ € 334,849 vs 2024
Profit after tax over the fiscal year.
€ 92,238
▲ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 420,000 paid out
97 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
7.7
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 611,432
▲ 21% vs 2024
€ 79,400 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.
€ 38,334
▲ € 37,366 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 856,332
▼ 8% vs 2024
€ 77,345 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 10,664
▲ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 65,396
▲ 76% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 585,395 | € 844,461 | € 809,965 | € 1,166,079 | ▲ 44% |
| Profit after taxes | € 172,915 | € 218,006 | € 98,984 | € 433,833 | ▲ € 334,849 |
| Equity | € 29,783 | € 32,862 | € 33,846 | € 47,679 | ▲ 41% |
| Total debts | € 420,155 | € 497,410 | € 1,228,142 | € 1,352,981 | ▲ 10% |
| Cash | € 33,466 | € 45,776 | € 55,172 | € 92,238 | ▲ 67% |
| Land & buildings | - | - | € 935,849 | € 894,737 | ▼ 4% |
| Retained profit | € 11,183 | € 14,262 | € 15,246 | € 29,079 | ▲ 91% |
| Dividend | € 170,000 | € 208,500 | € 98,000 | € 420,000 | ▲ € 322,000 |
| Bank debt | € 3,577 | € 37,971 | € 930,238 | € 856,332 | ▼ 8% |
| Balance sheet total | € 455,704 | € 536,038 | € 1,261,988 | € 1,400,660 | ▲ 11% |
| Employees (FTE) | - | - | 7 | 7.7 | ▲ 0.7 |
Key figures of Waasland West, 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 Waasland West?
What happened at Waasland West in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 433,833 (▲ € 334,849 vs 2024). Source: NBB ↗
- Vallis BV became a director. NBB
- CAERUS BV became a director. NBB
- Everaert Michiel BV became a director. NBB
- New establishment in Waasmunster. KBO
- New establishment in Waasmunster. KBO
- Start of the company according to the CBE. KBO
- Fraloma BV became a director. NBB
In short
From € 172,915 profit in 2022 to € 433,833 profit in 2025.
Paid € 45,011 in corporate taxes since 2022.
Best year ever: 2025, with € 433,833 profit.
On average € 151,400 of value added per employee in 2025.
Management
The stake of Vallis, FRALOMA, CAERUS, EVERAERT MICHIEL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Waasland WestBehind Waasland West are CAERUS BV, Fraloma BV, Everaert Michiel BV and Vallis BV. The shares are held by Vallis (25%), FRALOMA (25%), CAERUS (25%) and EVERAERT MICHIEL (25%).
Directors
According to the 2025 annual accounts
Director · represented by Geert Wiels
since 2022
Director · represented by Christophe Rousseau
since 2019
Director · represented by Michiel Everaert
since 2020
Director · represented by Vermeire Bart
since 2024
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Grote Baan 192
9250 Waasmunster
Grote Baan 190
9250 Waasmunster
Active since 15 March 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0722.791.243
- VAT number
- BE 0722.791.243
- Registered office
- Grote Baan 192, 9250 Waasmunster
- Names & denominations
- Waasland West
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 March 2019
- Peppol
- Active · Active since 24 Nov 2025
- Activities · NACE
Agenten en makelaars in bankdiensten
Vermogensbeheer
Beheer van financiële markten
Overige bemiddeling in effecten- en goederencontracten, muv crowdfunding
Ondersteunende activiteiten in verband met verzekeringen en pensioenfondsen, neg
Activiteiten van verzekeringsagenten en -makelaars
Effecten- en goederenhandel