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 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WP2 from Merelbeke-Melle, company number BE0761648750, closed financial year 2025 with a result of € 16,614 after tax. For that financial year WP2 recorded a gross margin of € 129,580 and equity of € 65,866. Compared with financial year 2024, the result moved from € 11,700 to € 16,614. 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 July 10, 2026.
€ 65,866
▲ 34% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,614
▲ 42% vs 2024
Profit after tax over the fiscal year.
€ 5,551
▲ € 5,234 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 € 58,366.
Debts at end 2025
€ 1.7 million
▼ 6% vs 2024
€ 99,952 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 91,243 | € 115,652 | € 125,474 | € 129,580 | ▲ 3% |
| Profit after taxes | € 10,111 | € 18,005 | € 11,700 | € 16,614 | ▲ 42% |
| Equity | € 19,547 | € 37,552 | € 49,252 | € 65,866 | ▲ 34% |
| Total debts | € 1,737,500 | € 2,195,426 | € 2,068,260 | € 1,989,039 | ▼ 4% |
| Cash | € 17,965 | € 26,268 | € 317 | € 5,551 | ▲ € 5,234 |
| Land & buildings | € 1,739,082 | € 2,199,576 | € 2,111,570 | € 2,040,456 | ▼ 3% |
| Retained profit | € 12,047 | € 30,052 | € 41,752 | € 58,366 | ▲ 40% |
| Bank debt | € 1,485,283 | € 1,848,296 | € 1,785,695 | € 1,686,790 | ▼ 6% |
| Balance sheet total | € 1,757,047 | € 2,232,978 | € 2,117,512 | € 2,054,905 | ▼ 3% |
Key figures of WP2, 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 WP2?
What happened at WP2 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,614 (▲ 42% vs 2024). Source: NBB ↗
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,111 profit in 2022 to € 16,614 profit in 2025.
Best year ever: 2023, with € 18,005 profit.
A new publication or filing at WP2? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind WP2 are Ward Bultereys, Paul Henrist and Pieterjan De Mulder. The same people are also behind Henrist, De Mulder en Bultereys, Geassocieerde Notarissen. Ward Bultereys is also behind WASYL. Pieterjan De Mulder is also behind WHBNTP and WYLS.
Directors
According to the 2025 annual accounts
Ward Bultereys
Director
Also active at: WASYL, Henrist, De Mulder en Bultereys, Geassocieerde Notarissen
Pieterjan De Mulder
Director
Also active at: WHBNTP, Henrist, De Mulder en Bultereys, Geassocieerde Notarissen, WYLS
Establishments
Establishment units
Physical locations of this company
Rid. A. Stas de Richellelaan 8
9820 Merelbeke-Melle
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0761.648.750
- VAT number
- BE 0761.648.750
- Registered office
- Rid. A. Stas de Richellelaan 8, 9820 Merelbeke-Melle
- Names & denominations
- WP2
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 2021
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen