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 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Woonbedrijf Menen from Menen, company number BE0862941197, closed financial year 2025 with a result of € 151,756 after tax. For that financial year Woonbedrijf Menen recorded a gross margin of € 3 million and equity of € 3 million. Compared with financial year 2024, the result moved from € -345,183 to € 151,756. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ 3 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 151,756
▲ still € 345,183 loss in 2024
Profit after tax over the fiscal year.
€ 264,952
▲ 184% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
66 % of the profit went to the shareholders, mostly to Stad Menen (100 % of the shares). That is where the money ends up.
People and assets in 2025
30.5
▲ 5.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▲ 3% vs 2024
€ 54,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2.4 million
▼ 11% vs 2024
Of which on lease € 2.4 million.
Debts at end 2025
€ 30.3 million
▲ 3% vs 2024
€ 2.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 779,880
▼ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 157,744
▲ 43% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,534,630 | € 3,050,530 | € 2,406,776 | € 2,987,814 | ▲ 24% |
| Profit after taxes | € 23,381 | € 465,204 | € -345,183 | € 151,756 | ▲ € 496,939 |
| Equity | € 2,356,028 | € 3,200,235 | € 2,825,619 | € 3,043,165 | ▲ 8% |
| Total debts | € 25,321,784 | € 26,454,119 | € 31,190,818 | € 32,622,476 | ▲ 5% |
| Cash | € 359,097 | € 602,676 | € 93,213 | € 264,952 | ▲ 184% |
| Land & buildings | € 7,837,425 | € 7,422,596 | € 7,008,131 | € 6,593,666 | ▼ 6% |
| Retained profit | € -1,671,573 | € -1,206,369 | € -1,551,551 | € 51,756 | ▲ € 1.6 million |
| Dividend | € 0 | € 0 | € 0 | € 100,000 | |
| Bank debt | € 23,994,322 | € 24,646,820 | € 29,275,823 | € 30,269,866 | ▲ 3% |
| Balance sheet total | € 27,677,812 | € 29,654,354 | € 34,016,437 | € 35,665,641 | ▲ 5% |
| Employees (FTE) | 25 | 25 | 25 | 30.5 | ▲ 5.5 |
Key figures of Woonbedrijf Menen, 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 Woonbedrijf Menen?
What happened at Woonbedrijf Menen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 151,756. Source: NBB ↗
- Laura Defreyne became a director. NBB
- New establishment in Menen. KBO
- New establishment in Menen. KBO
- New establishment in Menen. KBO
- New establishment in Menen. KBO
- New establishment in Menen. KBO
- Wouter Bonte became a director. NBB
In short
From € 23,381 profit in 2022 to € 151,756 profit in 2025.
Best year ever: 2023, with € 465,204 profit.
On average € 98,000 of value added per employee in 2025.
Paid out € 100,000 in dividends to the owners in total.
Management
Behind Woonbedrijf Menen are Wouter Bonte, Valerie Vanrumbeke, Jelle Van de Wiele, Anthony Mahieu, Clement Grouwet and Nele Delmazure. The shares are held by Stad Menen (100%).
Directors
According to the 2025 annual accounts
Wouter Bonte
Director
since 2024
Valerie Vanrumbeke
Director
since 2024
Jelle Van de Wiele
Director
since 2024
Anthony Mahieu
Director
since 2024
Clement Grouwet
Director
since 2024
Nele Delmazure
Director
since 2024
Lesley Beullens
Director
since 2024
Delphine Knockaert
Director
since 2024
Renaat Vandenbulcke
Chairman of the board
Also active at: Milieuzorg Roeselaere en Menen, Menen, Sociaal Verhuurkantoor Woonsleutel vzw
since 2019
Jason Vandamme
Director
since 2024
Jeremy Vandoorne
Director
since 2024
Glenn Vanthournout
Director
since 2024
Laura Defreyne
Director
since 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Grote Markt 1
8930 Menen
Sluizenkaai 77
8930 Menen
Active since 1 January 2005
Hospitaalstraat 14
8930 Menen
Active since 1 January 2025
Lauwestraat 64C
8930 Menen
Active since 1 January 2025
Waalvest 136
8930 Menen
Active since 1 January 2025
Sluizenkaai 77 box 2
8930 Menen
Active since 1 January 2025
Sluizenkaai 78
8930 Menen
Active since 1 January 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0862.941.197
- VAT number
- BE 0862.941.197
- Registered office
- Grote Markt 1, 8930 Menen
- Names & denominations
- Woonbedrijf Menen
- Enterprise type
- Rechtspersoon
- Legal form
- Autonoom gemeentebedrijf
- Legal situation
- Normale toestand
- Start date
- 1 April 2002
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Exploitatie van sportaccommodaties
Diverse ondersteunende activiteiten ten behoeve van voorzieningen
Beheer van overig onroerend goed
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Activiteiten van fitnesscentra
Exploitatie van overige sportinstallaties en -accomodaties
Exploitatie van fitnesscentra en gymnastiekzalen