What does W GROUP III do?

W GROUP III is a wholesaler in Bree. Public Limited, started on 29 December 2020, 2 establishments.

What is the address of W GROUP III?

The registered office of W GROUP III is located at Peerderbaan 96, 3960 Bree.

Is W GROUP III still active?

Yes. According to the CBE (29 October 2026) W GROUP III is active, legal situation “Normale toestand”, started on 29 December 2020.

Is W GROUP III registered on Peppol?

Yes, W GROUP III is registered on the Peppol network with ID 0208:0760624807.

What is the enterprise number of W GROUP III?

The enterprise number of W GROUP III is BE0760624807.

When was W GROUP III founded?

W GROUP III was founded on 29 December 2020.

Who are the directors of W GROUP III?

According to the 2025 annual accounts, the directors of W GROUP III are: GROEP TOM HEEREN.

Is W GROUP III a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 December 2020; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 2 establishments in the CBE.

How much profit did W GROUP III make in 2025?

W GROUP III recorded a loss after taxes of € 1,362,660 in financial year 2025.

What is the revenue of W GROUP III?

In its most recent annual accounts (2025), W GROUP III reported revenue of € 9,099,454.

How much does an employee at W GROUP III earn?

The average wage cost per full-time employee at W GROUP III was € 48,800 in 2025: staff costs of € 1.2 million for 23.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does W GROUP III have?

According to the 2025 annual accounts, W GROUP III has 23.6 full-time equivalents (FTE).

W GROUP III (Public Limited) - Bree - BE0760624807

Dossier W GROUP III, printed on 29 October 2026 from databakkes.be/en/0760624807/w-group-iii. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 37.2 to 23.6.

Financials

Financial year 2025

W GROUP III from Bree, company number BE0760624807, closed financial year 2025 with a result of € -1.4 million after tax. For that financial year W GROUP III recorded revenue of € 9.1 million and equity of € 653,211. Compared with financial year 2024, the result moved from € -2.1 million to € -1.4 million. The company made a loss. 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 July 10, 2026.

What it is worth Growing

€ 653,211

▲ € 1.6 million vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -1.4 million

▲ 35 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3,548

▼ 54% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -5.3 million.

People and assets in 2025

Full-time equivalents

23.6

▼ 7.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 2.1 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 1.2 million

▼ 29% vs 2024

€ 48,800 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.

Vehicles and equipment

€ 76,298

▼ 48% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 282,082

▼ 36% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 11 days on average.

Taxes and wages

€ 201,902

▲ 8% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 17,764,441 Revenue 2022: € 17,764,441 First fiscal year in the series	€ 14,043,802 Revenue 2023: € 14,043,802 ▼ 21% vs 2022 (€ 17,764,441) Unfavourable step	€ 11,840,390 Revenue 2024: € 11,840,390 ▼ 16% vs 2023 (€ 14,043,802) Unfavourable step	€ 9,099,454 Revenue 2025: € 9,099,454 ▼ 23% vs 2024 (€ 11,840,390) Unfavourable step	▼ 23%
Profit after taxes	€ -538,644 Profit after taxes 2022: € -538,644 First fiscal year in the series	€ -1,182,805 Profit after taxes 2023: € -1,182,805 ▼ € 644,161 vs 2022 (€ -538,644) Unfavourable step	€ -2,099,675 Profit after taxes 2024: € -2,099,675 ▼ € 916,870 vs 2023 (€ -1,182,805) Unfavourable step	€ -1,362,660 Profit after taxes 2025: € -1,362,660 ▲ € 737,015 vs 2024 (€ -2,099,675) Favourable step	▲ € 737,015
Equity	€ 2,298,351 Equity 2022: € 2,298,351 First fiscal year in the series	€ 1,115,546 Equity 2023: € 1,115,546 ▼ 51% vs 2022 (€ 2,298,351) Unfavourable step	€ -984,129 Equity 2024: € -984,129 ▼ € 2.1 million vs 2023 (€ 1,115,546) Unfavourable step	€ 653,211 Equity 2025: € 653,211 ▲ € 1.6 million vs 2024 (€ -984,129) Favourable step	▲ € 1.6 million
Total debts	€ 7,153,871 Total debts 2022: € 7,153,871 First fiscal year in the series	€ 6,504,483 Total debts 2023: € 6,504,483 ▼ 9% vs 2022 (€ 7,153,871) Favourable step	€ 6,909,440 Total debts 2024: € 6,909,440 ▲ 6% vs 2023 (€ 6,504,483) Unfavourable step	€ 3,999,073 Total debts 2025: € 3,999,073 ▼ 42% vs 2024 (€ 6,909,440) Favourable step	▼ 42%
Cash	€ 16,863 Cash 2022: € 16,863 First fiscal year in the series	€ 12,638 Cash 2023: € 12,638 ▼ 25% vs 2022 (€ 16,863) Unfavourable step	€ 7,709 Cash 2024: € 7,709 ▼ 39% vs 2023 (€ 12,638) Unfavourable step	€ 3,548 Cash 2025: € 3,548 ▼ 54% vs 2024 (€ 7,709) Unfavourable step	▼ 54%
Land & buildings	€ 4,688 Land & buildings 2022: € 4,688 First fiscal year in the series	-	-	-
Retained profit	€ -701,649 Retained profit 2022: € -701,649 First fiscal year in the series	€ -1,884,454 Retained profit 2023: € -1,884,454 ▼ € 1.2 million vs 2022 (€ -701,649) Unfavourable step	€ -3,984,129 Retained profit 2024: € -3,984,129 ▼ € 2.1 million vs 2023 (€ -1,884,454) Unfavourable step	€ -5,346,789 Retained profit 2025: € -5,346,789 ▼ € 1.4 million vs 2024 (€ -3,984,129) Unfavourable step	▼ € 1.4 million
Bank debt	€ 109,483 Bank debt 2022: € 109,483 First fiscal year in the series	€ 61,745 Bank debt 2023: € 61,745 ▼ 44% vs 2022 (€ 109,483) Favourable step	€ 32,726 Bank debt 2024: € 32,726 ▼ 47% vs 2023 (€ 61,745) Favourable step	€ 0 Bank debt 2025: € 0 ▼ 100% vs 2024 (€ 32,726) Favourable step	▼ 100%
Balance sheet total	€ 9,452,222 Balance sheet total 2022: € 9,452,222 First fiscal year in the series	€ 7,620,029 Balance sheet total 2023: € 7,620,029 ▼ 19% vs 2022 (€ 9,452,222) Unchanged	€ 6,215,384 Balance sheet total 2024: € 6,215,384 ▼ 18% vs 2023 (€ 7,620,029) Unchanged	€ 4,652,283 Balance sheet total 2025: € 4,652,283 ▼ 25% vs 2024 (€ 6,215,384) Unchanged	▼ 25%
Employees (FTE)	45.7 Employees (FTE) 2022: 45.7 First fiscal year in the series	37.2 Employees (FTE) 2023: 37.2 ▼ 8.5 vs 2022 (45.7) Unchanged	30.7 Employees (FTE) 2024: 30.7 ▼ 6.5 vs 2023 (37.2) Unchanged	23.6 Employees (FTE) 2025: 23.6 ▼ 7.1 vs 2024 (30.7) Unchanged	▼ 7.1

Key figures of W GROUP III, 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 W GROUP III?

What happened at W GROUP III in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 10, 2026 New annual accounts for financial year 2025: loss of € 1.4 million. Source: NBB ↗
Dec 29, 2020 New establishment in Bree. KBO
Dec 29, 2020 New establishment in Sint-Truiden. KBO
2020 GROEP TOM HEEREN became a director. NBB
Dec 29, 2020 Start of the company according to the CBE. KBO

In short

From € 538,644 loss in 2022 to € 1.4 million loss in 2025.

Paid € 1,873 in corporate taxes since 2022.

Pays suppliers within 11 days on average.

Original PDFs at the National Bank ↗

Management

WALTH 100%

Groep Tom Heeren

The stake of WALTH, Groep Tom Heeren comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

W GROUP III

Behind W GROUP III is GROEP TOM HEEREN. The shares are held by WALTH (100%) and Groep Tom Heeren.

Directors

According to the 2025 annual accounts

GROEP TOM HEEREN

Director · represented by Tom Heeren

Also active at: WALTH, W GROUP I, THE SELFMADE COMPANY, GROEP BMV, GROEP ANTWERPSE BOUWMARKTEN, W GROUP II, GROEP LIMBURGSE BOUWMARKTEN, ADDIS +6 more

since 2020

Shareholders

WALTH

100%

Groep Tom Heeren

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Peerderbaan 96

3960 Bree

2.311.053.011

Duifhuisstraat 4330

3800 Sint-Truiden

Active since 29 December 2020

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0760.624.807

VAT number

BE 0760.624.807

Registered office

Peerderbaan 96, 3960 Bree

Names & denominations

W GROUP III

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

29 December 2020

Peppol

Active · Active since 20 Dec 2025

Activities · NACE

Groothandel in hout

Groothandel in overige bouwmaterialen

Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)

Detailhandel in overige bouwmaterialen, neg

View on CBE Public ↗ Annual accounts (NBB) ↗

W GROUP III

Warning lights

Financials

What happened to W GROUP III?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions