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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
De Waeler from Heuvelland, company number BE0864405602, closed financial year 2025 with a result of € -49,033 after tax. For that financial year De Waeler recorded a gross margin of € 9,700 and equity of € -242,545. Compared with financial year 2024, the result moved from € -61,548 to € -49,033. 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 August 26, 2026.
€ -242,545
▼ € 49,033 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -49,033
▲ 20 % less loss than in 2024
Profit after tax over the fiscal year.
€ 46,468
▲ € 37,305 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -304,045.
People and assets in 2025
€ 13,099
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 7,778
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -26,823 | € -46,745 | € 10,078 | € 9,700 | ▼ 4% |
| Profit after taxes | € -54,522 | € -115,057 | € -61,548 | € -49,033 | ▲ € 12,515 |
| Equity | € -16,906 | € -131,963 | € -193,511 | € -242,545 | ▼ € 49,033 |
| Total debts | € 672,119 | € 864,799 | € 857,900 | € 861,604 | |
| Cash | € 81,427 | € 4,733 | € 9,163 | € 46,468 | ▲ € 37,305 |
| Land & buildings | € 448,459 | € 587,966 | € 541,885 | € 511,487 | ▼ 6% |
| Retained profit | € -78,406 | € -193,463 | € -255,011 | € -304,045 | ▼ € 49,033 |
| Balance sheet total | € 655,212 | € 732,836 | € 664,388 | € 619,060 | ▼ 7% |
Key figures of De Waeler, 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 De Waeler?
What happened at De Waeler in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 49,033. filed late Source: NBB ↗
- New establishment in Heuvelland. KBO
- Start of the company according to the CBE. KBO
In short
From € 54,522 loss in 2022 to € 49,033 loss in 2025.
Management
Behind De Waeler are Linda Vermeulen and Jan Lapere. The same people are also behind RINO and ROBOTRONIC. Jan Lapere is also behind JALIN.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Bellestraat(West) 63
8954 Heuvelland
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
- 0864.405.602
- VAT number
- BE 0864.405.602
- Registered office
- Bellestraat(West) 63, 8954 Heuvelland
- Names & denominations
- De Waeler
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 2004
- Peppol
- Active · Active since 15 Jan 2026
- Activities · NACE
Teelt van andere granen dan rijst, en van peulgewassen en oliehoudende zaden
Fokken en houden van schapen en geiten
Groothandel in zuivelproducten en eieren
Schapen-, geiten-, paarden-, ezel-, muildieren- of muilezelhouderij
Groothandel in zuivelproducten, eieren, spijsoliën en -vetten