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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Widmer Development Corp. from Gent, company number BE0862414132, closed financial year 2025 with a result of € 36.3 million after tax. For that financial year Widmer Development Corp. recorded a gross margin of € -85 and equity of € 166.3 million. Compared with financial year 2024, the result moved from € 625,904 to € 36.3 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on November 27, 2025.
€ 166.3 million
▲ 28% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 36.3 million
▲ € 35.7 million vs 2024
Profit after tax over the fiscal year.
€ 19.8 million
▲ € 16.9 million 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 € 166.3 million.
People and assets in 2025
€ 968
▲ 1% 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.
Debts at end 2025
€ 21
Loans from banks and other lenders, long and short.
€ 657,212
▲ 180% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -144 | € -295 | € -85 | € -85 | |
| Profit after taxes | € 2,026,472 | € 1,940,512 | € 625,904 | € 36,331,965 | ▲ € 35.7 million |
| Equity | € 127,381,569 | € 129,322,081 | € 129,947,985 | € 166,279,950 | ▲ 28% |
| Total debts | € 515,974 | € 450,979 | € 234,799 | € 657,234 | ▲ 180% |
| Cash | € 15,775,819 | € 1,241,485 | € 2,879,597 | € 19,762,954 | ▲ € 16.9 million |
| Retained profit | € 127,363,019 | € 129,303,531 | € 129,929,435 | € 166,261,400 | ▲ 28% |
| Bank debt | € 21 | € 21 | € 21 | € 21 | |
| Balance sheet total | € 127,897,543 | € 129,773,059 | € 130,182,784 | € 166,937,183 | ▲ 28% |
Key figures of Widmer Development Corp., fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to Widmer Development Corp.?
What happened at Widmer Development Corp. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 36.3 million (▲ € 35.7 million vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 2 million profit in 2022 to € 36.3 million profit in 2025.
Paid € 1.6 million in corporate taxes since 2022.
Best year ever: 2025, with € 36.3 million profit.
Management
Behind Widmer Development Corp. is Bart Denoo. The shares are held by Bart Denoo (100%).
Directors
According to the 2025 annual accounts
Bart Denoo
Director
Shareholders
Bart Denoo
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hubert Frère-Orbanlaan 92N
9000 Gent
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
- 0862.414.132
- VAT number
- BE 0862.414.132
- Registered office
- Hubert Frère-Orbanlaan 92N, 9000 Gent
- Names & denominations
- Widmer Development Corp.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 December 2003
- Peppol
- Not registered