What does DE WAEL do?

DE WAEL is a shop in Wetteren. Private Limited, started on 14 April 2004, 1 establishment.

What is the address of DE WAEL?

The registered office of DE WAEL is located at Brusselsesteenweg 369, 9230 Wetteren.

Is DE WAEL still active?

Yes. According to the CBE (18 September 2026) DE WAEL is active, legal situation “Normale toestand”, started on 14 April 2004.

Is DE WAEL registered on Peppol?

Yes, DE WAEL is registered on the Peppol network with ID 0208:0864709963.

What is the enterprise number of DE WAEL?

The enterprise number of DE WAEL is BE0864709963.

When was DE WAEL founded?

DE WAEL was founded on 14 April 2004.

Who are the directors of DE WAEL?

According to the 2025 annual accounts, the directors of DE WAEL are: Gunther De Wael, Ilse De Wolf.

Is DE WAEL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 14 April 2004; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did DE WAEL make in 2025?

DE WAEL posted a profit after taxes of € 24,474 in financial year 2025.

What is the revenue of DE WAEL?

As a small company, DE WAEL is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 66,963.

How much does an employee at DE WAEL earn?

The average wage cost per full-time employee at DE WAEL was € 10,900 in 2024: staff costs of € 14,165 for 1.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does DE WAEL have?

According to the 2025 annual accounts, DE WAEL has 0 full-time equivalents (FTE).

DE WAEL (Private Limited) - Wetteren - BE0864709963

Dossier DE WAEL, printed on 18 September 2026 from databakkes.be/en/0864709963/de-wael. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

DE WAEL from Wetteren, company number BE0864709963, closed financial year 2025 with a result of € 24,474 after tax. For that financial year DE WAEL recorded a gross margin of € 66,963 and equity of € 238,886. Compared with financial year 2024, the result moved from € 29,254 to € 24,474. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 2, 2026.

What it is worth Growing

€ 238,886

▲ 7% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 24,474

▼ 16% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 30,321

▼ 63% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 9,659 paid out

39 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

▼ 1.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Vehicles and equipment

€ 241

▼ 99% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 179

▼ 96% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 421,104

▲ 11% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 16,617

▲ 5% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 115,089 Gross margin 2022: € 115,089 First fiscal year in the series	€ 90,216 Gross margin 2023: € 90,216 ▼ 22% vs 2022 (€ 115,089) Unfavourable step	€ 81,979 Gross margin 2024: € 81,979 ▼ 9% vs 2023 (€ 90,216) Unfavourable step	€ 66,963 Gross margin 2025: € 66,963 ▼ 18% vs 2024 (€ 81,979) Unfavourable step	▼ 18%
Profit after taxes	€ 18,189 Profit after taxes 2022: € 18,189 First fiscal year in the series	€ 12,192 Profit after taxes 2023: € 12,192 ▼ 33% vs 2022 (€ 18,189) Unfavourable step	€ 29,254 Profit after taxes 2024: € 29,254 ▲ 140% vs 2023 (€ 12,192) Favourable step	€ 24,474 Profit after taxes 2025: € 24,474 ▼ 16% vs 2024 (€ 29,254) Unfavourable step	▼ 16%
Equity	€ 201,941 Equity 2022: € 201,941 First fiscal year in the series	€ 204,475 Equity 2023: € 204,475 ▲ 1% vs 2022 (€ 201,941) Favourable step	€ 224,070 Equity 2024: € 224,070 ▲ 10% vs 2023 (€ 204,475) Favourable step	€ 238,886 Equity 2025: € 238,886 ▲ 7% vs 2024 (€ 224,070) Favourable step	▲ 7%
Total debts	€ 523,555 Total debts 2022: € 523,555 First fiscal year in the series	€ 687,944 Total debts 2023: € 687,944 ▲ 31% vs 2022 (€ 523,555) Unfavourable step	€ 671,306 Total debts 2024: € 671,306 ▼ 2% vs 2023 (€ 687,944) Favourable step	€ 555,830 Total debts 2025: € 555,830 ▼ 17% vs 2024 (€ 671,306) Favourable step	▼ 17%
Cash	€ 161,076 Cash 2022: € 161,076 First fiscal year in the series	€ 211,828 Cash 2023: € 211,828 ▲ 32% vs 2022 (€ 161,076) Favourable step	€ 82,237 Cash 2024: € 82,237 ▼ 61% vs 2023 (€ 211,828) Unfavourable step	€ 30,321 Cash 2025: € 30,321 ▼ 63% vs 2024 (€ 82,237) Unfavourable step	▼ 63%
Land & buildings	€ 252,598 Land & buildings 2022: € 252,598 First fiscal year in the series	€ 231,236 Land & buildings 2023: € 231,236 ▼ 8% vs 2022 (€ 252,598) Unchanged	€ 209,875 Land & buildings 2024: € 209,875 ▼ 9% vs 2023 (€ 231,236) Unchanged	€ 191,269 Land & buildings 2025: € 191,269 ▼ 9% vs 2024 (€ 209,875) Unchanged	▼ 9%
Retained profit	€ 195,741 Retained profit 2022: € 195,741 First fiscal year in the series	€ 198,275 Retained profit 2023: € 198,275 ▲ 1% vs 2022 (€ 195,741) Favourable step	€ 217,870 Retained profit 2024: € 217,870 ▲ 10% vs 2023 (€ 198,275) Favourable step	€ 232,686 Retained profit 2025: € 232,686 ▲ 7% vs 2024 (€ 217,870) Favourable step	▲ 7%
Dividend	€ 9,659 Dividend 2022: € 9,659 First fiscal year in the series	€ 9,659 Dividend 2023: € 9,659 Unchanged (€ 9,659) Unchanged	€ 9,659 Dividend 2024: € 9,659 Unchanged (€ 9,659) Unchanged	€ 9,659 Dividend 2025: € 9,659 Unchanged (€ 9,659) Unchanged
Bank debt	€ 94,652 Bank debt 2022: € 94,652 First fiscal year in the series	€ 49,146 Bank debt 2023: € 49,146 ▼ 48% vs 2022 (€ 94,652) Favourable step	€ 4,978 Bank debt 2024: € 4,978 ▼ 90% vs 2023 (€ 49,146) Favourable step	€ 179 Bank debt 2025: € 179 ▼ 96% vs 2024 (€ 4,978) Favourable step	▼ 96%
Balance sheet total	€ 725,496 Balance sheet total 2022: € 725,496 First fiscal year in the series	€ 892,419 Balance sheet total 2023: € 892,419 ▲ 23% vs 2022 (€ 725,496) Unchanged	€ 895,376 Balance sheet total 2024: € 895,376 Unchanged (€ 892,419) Unchanged	€ 794,716 Balance sheet total 2025: € 794,716 ▼ 11% vs 2024 (€ 895,376) Unchanged	▼ 11%
Employees (FTE)	1.3 Employees (FTE) 2022: 1.3 First fiscal year in the series	1.3 Employees (FTE) 2023: 1.3 Unchanged (1.3) Unchanged	1.3 Employees (FTE) 2024: 1.3 Unchanged (1.3) Unchanged	0 Employees (FTE) 2025: 0 ▼ 1.3 vs 2024 (1.3) Unchanged	▼ 1.3

Key figures of DE WAEL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to DE WAEL?

What happened at DE WAEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Feb 2, 2026 New annual accounts for financial year 2025: profit of € 24,474 (▼ 16% vs 2024). filed late Source: NBB ↗
Apr 14, 2004 New establishment in Wetteren. KBO
Apr 14, 2004 Start of the company according to the CBE. KBO
2004 Gunther De Wael became a director. NBB
2004 Ilse De Wolf became a director. NBB

In short

From € 18,189 profit in 2022 to € 24,474 profit in 2025.

Paid € 28,308 in corporate taxes since 2022.

Best year ever: 2024, with € 29,254 profit.

On average € 63,100 of value added per employee in 2024.

Original PDFs at the National Bank ↗

A new publication or filing at DE WAEL? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

Gunther De Wael Ilse De Wolf

GUNCO

DE WAEL

Behind DE WAEL are Gunther De Wael and Ilse De Wolf. The same people are also behind GUNCO.

See the full network in the app

Directors

According to the 2025 annual accounts

Gunther De Wael

Director

Also active at: GUNCO

since 2004

Ilse De Wolf

Director

Also active at: GUNCO

since 2004

Establishments

Establishment units

Physical locations of this company

Registered office

Brusselsesteenweg 369

9230 Wetteren

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0864.709.963

VAT number

BE 0864.709.963

Registered office

Brusselsesteenweg 369, 9230 Wetteren

Names & denominations

DE WAEL

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

14 April 2004

Peppol

Active · Active since 29 Dec 2025

Activities · NACE

Detailhandel in huismeubilair

Detailhandel in huismeubilair in gespecialiseerde winkels

Vervaardiging van keukenmeubelen

Vervaardiging van overige keukenmeubelen

View on CBE Public ↗ Annual accounts (NBB) ↗

DE WAEL

Financials

What happened to DE WAEL?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions