Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VWO from Anzegem, company number BE0797100864, closed financial year 2025 with a result of € -60,130 after tax. For that financial year VWO recorded a gross margin of € 51,584 and equity of € -27,332. Compared with financial year 2024, the result moved from € 1,887 to € -60,130. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 4, 2026.
€ -27,332
▼ € 60,130 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -60,130
▼ still € 1,887 profit in 2024
Profit after tax over the fiscal year.
€ 13,002
▼ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -37,332.
People and assets in 2025
€ 150,676
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 162,218
▲ 66% vs 2024
€ 40,510 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 12,712
▼ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,706
▼ 45% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 106,303 | € 97,083 | € 51,584 | ▼ 47% |
| Profit after taxes | € 20,911 | € 1,887 | € -60,130 | ▼ € 62,016 |
| Equity | € 30,911 | € 32,797 | € -27,332 | ▼ € 60,130 |
| Total debts | € 413,687 | € 390,713 | € 438,405 | ▲ 12% |
| Cash | € 13,317 | € 19,337 | € 13,002 | ▼ 33% |
| Retained profit | € 20,911 | € 22,797 | € -37,332 | ▼ € 60,130 |
| Bank debt | € 124,638 | € 97,654 | € 162,218 | ▲ 66% |
| Balance sheet total | € 444,598 | € 423,510 | € 411,072 | ▼ 3% |
Key figures of VWO, fiscal years 2023 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 VWO?
What happened at VWO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 60,130 (▼ € 62,016 vs 2024). filed late Source: NBB ↗
- New establishment in Anzegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,911 profit in 2023 to € 60,130 loss in 2025.
Paid € 7,892 in corporate taxes since 2023.
Best year ever: 2023, with € 20,911 profit.
Management
Behind VWO is Olivier Van Wynsberghe.
Directors
According to the 2025 annual accounts
Olivier Van Wynsberghe
Director
Establishments
Establishment units
Physical locations of this company
Vossestraat 47
8570 Anzegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0797.100.864
- VAT number
- BE 0797.100.864
- Registered office
- Vossestraat 47, 8570 Anzegem
- Names & denominations
- VWO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 January 2023
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Bouwrijp maken van terreinen
Installatie van isolatie
Handelsbemiddeling in de groothandel in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen
Andere reinigingsactiviteiten
Verhuur en lease van machines, apparatuur en handgereedschap voor doe-het-zelvers
Algemene elektrotechnische installatiewerken
Overige gespecialiseerde bouwactiviteiten, neg
Isolatiewerkzaamheden
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