Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VANDE WAETERE M & P from Veurne, company number BE0810812508, closed financial year 2025 with a result of € -51,606 after tax. For that financial year VANDE WAETERE M & P recorded a gross margin of € 80,559 and equity of € 253,873. Compared with financial year 2024, the result moved from € 211,714 to € -51,606. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2025.
€ 253,873
▼ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -51,606
▼ still € 211,714 profit in 2024
Profit after tax over the fiscal year.
€ 7,651
▼ 52% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -449,571.
People and assets in 2025
€ 100,922
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 584,663
▼ 2% vs 2024
€ 56,981 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 238,592
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 239
▼ 91% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,402 | € 57,591 | € 265,192 | € 80,559 | ▼ 70% |
| Profit after taxes | € -88,595 | € -103,509 | € 211,714 | € -51,606 | ▼ € 263,320 |
| Equity | € -392,409 | € 96,643 | € 306,918 | € 253,873 | ▼ 17% |
| Total debts | € 1,923,831 | € 1,493,510 | € 1,619,403 | € 1,499,588 | ▼ 7% |
| Cash | € 30,282 | € 16,937 | € 15,912 | € 7,651 | ▼ 52% |
| Land & buildings | € 622,297 | € 559,444 | € 535,425 | € 482,059 | ▼ 10% |
| Retained profit | € -700,171 | € -609,680 | € -397,965 | € -449,571 | ▼ € 51,606 |
| Bank debt | € 592,108 | € 619,956 | € 595,393 | € 584,663 | ▼ 2% |
| Balance sheet total | € 1,531,421 | € 1,590,152 | € 1,926,321 | € 1,753,460 | ▼ 9% |
Key figures of VANDE WAETERE M & P, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to VANDE WAETERE M & P?
What happened at VANDE WAETERE M & P in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 51,606 (▼ € 263,320 vs 2024). Source: NBB ↗
- Pieter Vande Waetere became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Veurne. KBO
In short
From € 88,595 loss in 2021 to € 51,606 loss in 2025.
Best year ever: 2024, with € 211,714 profit.
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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 VANDE WAETERE M & P is Pieter Vande Waetere.
Directors
According to the 2025 annual accounts
Pieter Vande Waetere
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Moeresteenweg 19
8630 Veurne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0810.812.508
- VAT number
- BE 0810.812.508
- Registered office
- Moeresteenweg 19, 8630 Veurne
- Names & denominations
- VANDE WAETERE M & P
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 2009
- Peppol
- Active · Active since 1 Apr 2025
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