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 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WAHAS from Knokke-Heist, company number BE0832727578, closed financial year 2025 with a result of € 65,147 after tax. For that financial year WAHAS recorded a gross margin of € 884,152 and equity of € 242,281. Compared with financial year 2024, the result moved from € 60,084 to € 65,147. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 242,281
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 65,147
▲ 8% vs 2024
Profit after tax over the fiscal year.
€ 125,245
▲ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 23,000 paid out
35 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 615,365
▲ 11% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 225,303
▼ 29% vs 2024
Of which on lease € 142,830.
Debts at end 2025
€ 592,264
▼ 11% vs 2024
€ 161,718 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 37,886
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 82,498
▼ 13% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 402,866 | € 739,402 | € 813,245 | € 884,152 | ▲ 9% |
| Profit after taxes | € 51,952 | € 89,790 | € 60,084 | € 65,147 | ▲ 8% |
| Equity | € 91,441 | € 156,050 | € 200,134 | € 242,281 | ▲ 21% |
| Total debts | € 328,343 | € 522,299 | € 822,781 | € 737,202 | ▼ 10% |
| Cash | € 104,700 | € 129,959 | € 107,553 | € 125,245 | ▲ 16% |
| Land & buildings | - | - | € 280,364 | € 273,985 | ▼ 2% |
| Retained profit | € 51,441 | € 116,050 | € 160,134 | € 202,281 | ▲ 26% |
| Dividend | € 0 | € 25,182 | € 16,000 | € 23,000 | ▲ 44% |
| Bank debt | € 262,448 | € 406,811 | € 669,064 | € 592,264 | ▼ 11% |
| Balance sheet total | € 419,785 | € 678,349 | € 1,022,915 | € 979,483 | ▼ 4% |
Key figures of WAHAS, 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 WAHAS?
What happened at WAHAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 65,147 (▲ 8% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Knokke-Heist. KBO
In short
From € 51,952 profit in 2022 to € 65,147 profit in 2025.
Paid € 111,672 in corporate taxes since 2022.
Best year ever: 2023, with € 89,790 profit.
Paid out € 64,182 in dividends to the owners in total.
Management
Behind WAHAS are Heleen Coene and Wim Julien Sesier.
Directors
According to the 2025 annual accounts
Heleen Coene
Director
Wim Julien Sesier
Director
Establishments
Establishment units
Physical locations of this company
't Walletje 94
8300 Knokke-Heist
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- SESIER Wim Julien G.(gecommanditeerde vennoot) 80%
- COENE Heleen Peter I.(stille vennoot) 20%
Details
- Company number
- 0832.727.578
- VAT number
- BE 0832.727.578
- Registered office
- 't Walletje 94, 8300 Knokke-Heist
- Names & denominations
- WAHAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 January 2011
- Peppol
- Active · Active since 3 Nov 2025
- Activities · NACE
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