Active · per the CBE, 30 September 2026

W.I. Connections

BE0769464178

Rechtspersoon Private limited company 1 establishment

W.I. Connections is an electrical contractor in Lokeren. Private Limited, started on 8 June 2021, 1 establishment.

Varenstraat 8, 9180 Lokeren

Behind the company: BALIGAS BV.

Active for

5 year, 3 months

Warning lights

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

  • Board fully replaced NBB

    No director from three years ago is still active according to annual account 2024.

Financials

Financial year 2024

W.I. Connections from Lokeren, company number BE0769464178, closed financial year 2024 with a result of € -10,406 after tax. For that financial year W.I. Connections recorded a gross margin of € 219,550 and equity of € 71,511. Compared with financial year 2023, the result moved from € 14,715 to € -10,406. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 9, 2025.

What it is worth Healthy

€ 71,511

▼ 13% vs 2023

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

Loss Caution

€ -10,406

▼ still € 14,715 profit in 2023

Profit after tax over the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 56,511.

People and assets in 2024

Wage cost

€ 183,246

▼ 45% vs 2023

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

€ 18,049

▼ 80% vs 2023

Of which on lease € 10,920.

Debts at end 2024

Bank debt ≈ 2 years to go

€ 80,550

▼ 46% vs 2023

€ 22,936 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 46,315

▲ 215% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 14,362

▼ 50% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 33,033 € 187,916 € 404,549 € 219,550 ▼ 46%
Profit after taxes € 24,358 € 27,844 € 14,715 € -10,406 ▼ € 25,122
Equity € 39,358 € 67,202 € 81,917 € 71,511 ▼ 13%
Total debts € 110,375 € 215,271 € 191,033 € 141,278 ▼ 26%
Cash € 4,605 € 50,769 - -
Land & buildings € 4,074 € 14,735 € 13,973 € 13,211 ▼ 5%
Retained profit € 24,358 € 52,202 € 66,917 € 56,511 ▼ 16%
Bank debt € 97,672 € 159,842 € 147,804 € 80,550 ▼ 46%
Balance sheet total € 149,733 € 282,472 € 272,951 € 212,789 ▼ 22%

Key figures of W.I. Connections, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to W.I. Connections?

What happened at W.I. Connections in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2024: loss of € 10,406 (▼ € 25,122 vs 2023). filed late Source: NBB ↗
  • EVELINE'S WAY B.V. stepped down as director. NBB
  • BALIGAS BV became a director. NBB
  • IHSAN KAYIM stepped down as director. NBB
  • JOERI WAUTERS stepped down as director. NBB
  • EVELINE'S WAY B.V. became a director. NBB
  • New establishment in Lokeren. KBO
  • IHSAN KAYIM became a director. NBB

In short

From € 24,358 profit in 2021 to € 10,406 loss in 2024.

Paid € 17,378 in corporate taxes since 2021.

Best year ever: 2022, with € 27,844 profit.

Management

W.I. Connections

Behind W.I. Connections is BALIGAS BV.

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Directors

According to the 2024 annual accounts

BALIGAS BV

Director · represented by IHSAN KAYIM

since 2024

IHSAN KAYIM

Director

Also active at: BALIGAS

since 2021 · until 2024

JOERI WAUTERS

Director

since 2021 · until 2024

EVELINE'S WAY B.V.

Director · represented by JOERI WAUTERS

since 2024 · until 2024

Establishments

Establishment units

Physical locations of this company

Registered office

Varenstraat 8

9180 Lokeren

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 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
0769.464.178
VAT number
BE 0769.464.178
Registered office
Varenstraat 8, 9180 Lokeren
Names & denominations
W.I. Connections
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
8 June 2021
Peppol
Active · Active since 30 Aug 2025
Activities · NACE

Algemene elektrotechnische installatiewerken

Frequently asked questions

What does W.I. Connections do?
W.I. Connections is an electrical contractor in Lokeren. Private Limited, started on 8 June 2021, 1 establishment.
What is the address of W.I. Connections?
The registered office of W.I. Connections is located at Varenstraat 8, 9180 Lokeren.
Is W.I. Connections still active?
Yes. According to the CBE (30 September 2026) W.I. Connections is active, legal situation “Normale toestand”, started on 8 June 2021.
Is W.I. Connections registered on Peppol?
Yes, W.I. Connections is registered on the Peppol network with ID 0208:0769464178.
What is the enterprise number of W.I. Connections?
The enterprise number of W.I. Connections is BE0769464178.
When was W.I. Connections founded?
W.I. Connections was founded on 8 June 2021.