Financials
Financial year 2025
de Waal from Kapellen, company number BE0759395083, closed financial year 2025 with a result of € 289,127 after tax. For that financial year de Waal recorded a gross margin of € 3.2 million and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 170,448 to € 289,127. 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 June 19, 2026.
€ 1.3 million
▲ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 289,127
▲ 70% vs 2024
Profit after tax over the fiscal year.
€ 777,583
▲ 28% 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 € 1.2 million.
People and assets in 2025
41.5
▲ 5.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.6 million
▲ 21% vs 2024
€ 62,900 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.
€ 159,903
▼ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 234,927
▲ 226% vs 2024
€ 10,387 is repaid this year. At this pace the long-term loan is gone in ≈ 23 years.
€ 493,750
▲ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 35,473
▼ 71% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,323,407 | € 2,383,071 | € 2,572,842 | € 3,211,719 | ▲ 25% |
| Profit after taxes | € 273,485 | € 185,954 | € 170,448 | € 289,127 | ▲ 70% |
| Equity | € 647,727 | € 833,680 | € 1,004,129 | € 1,293,256 | ▲ 29% |
| Total debts | € 1,198,471 | € 726,420 | € 606,013 | € 863,900 | ▲ 43% |
| Cash | € 683,402 | € 530,495 | € 609,795 | € 777,583 | ▲ 28% |
| Land & buildings | € 224,633 | € 151,124 | € 77,614 | € 409,805 | ▲ € 332,192 |
| Retained profit | € 597,727 | € 783,680 | € 954,129 | € 1,243,256 | ▲ 30% |
| Bank debt | € 192,745 | € 132,918 | € 72,137 | € 234,927 | ▲ 226% |
| Balance sheet total | € 1,846,197 | € 1,560,100 | € 1,610,142 | € 2,157,156 | ▲ 34% |
| Employees (FTE) | 32.5 | 34.4 | 35.7 | 41.5 | ▲ 5.8 |
Key figures of de Waal, 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 de Waal?
What happened at de Waal in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 289,127 (▲ 70% vs 2024). Source: NBB ↗
- New establishment in Kapellen. KBO
- New establishment in Kapellen. KBO
- Start of the company according to the CBE. KBO
In short
From € 273,485 profit in 2022 to € 289,127 profit in 2025.
Paid € 332,292 in corporate taxes since 2022.
Best year ever: 2025, with € 289,127 profit.
On average € 77,400 of value added per employee in 2025.
Management
Behind de Waal are Thomas de Waal, Bert Josephina de Waal and Paul de Waal. The same people are also behind DE WAAL.
Establishments
Establishment units
Physical locations of this company
Starrenhoflaan 7A
2950 Kapellen
Leo Baekelandstraat 7
2950 Kapellen
Active since 1 January 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0759.395.083
- VAT number
- BE 0759.395.083
- Registered office
- Starrenhoflaan 7A, 2950 Kapellen
- Names & denominations
- de Waal
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 December 2020
- Peppol
- Active · Active since 7 Jan 2026
- Contact
- dewaalverf.be
- Activities · NACE
Schilderen van gebouwen