Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 65 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WADEGRO from Tielt, company number BE1017226330, closed financial year 2025 with a result of € 168,716 after tax. For that financial year WADEGRO recorded a gross margin of € 601,476 and equity of € 178,716. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 178,716
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 168,716
Profit after tax over the fiscal year.
€ 227,435
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 168,716.
People and assets in 2025
2
Average over the fiscal year, from the social balance sheet.
€ 87,484
€ 43,700 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.
€ 148,000
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.2 million
€ 72,450 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 14,137
Supplier invoices still open on the last day of the fiscal year.
€ 96,760
Taxes, VAT and social contributions still to pay.
Ask about WADEGRO the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
Connect ChatGPT or Claude for free- ChatGPT
- Claude
Free account, no payment card. Key figures unlimited, the annual accounts and deeds of 10 companies a month. Need more? Get in touch, we are looking for our first pilot users.
What happened to WADEGRO?
What happened at WADEGRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 168,716. filed late Source: NBB ↗
- New establishment in Tielt. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
Paid € 72,863 in corporate taxes since 2025.
On average € 300,700 of value added per employee in 2025.
Management
Behind WADEGRO are Mathias Watteyne, Geert Watteyne and Monique Vanden Berghe.
Directors
According to the 2025 annual accounts
Mathias Watteyne
Director
Geert Watteyne
Director
Monique Vanden Berghe
Director
Establishments
Establishment units
Physical locations of this company
Lammekensstraat 10
8700 Tielt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Tielt
Same main activity (Teelt van groenten, meloenen en wortel- en knolgewassen), 8 active companies in Tielt, largest first.
€ 465,127 gross margin · 2025
€ 82,913 gross margin · 2025
€ 35,792 gross margin · 2025
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 ↗- Mathias Wouter Jeroen WATTEYNE(oprichter) 75%
- Geert Lieven Maurits WATTEYNE(oprichter) 25%
Details
- Company number
- 1017.226.330
- VAT number
- BE 1017.226.330
- Registered office
- Lammekensstraat 10, 8700 Tielt
- Names & denominations
- WADEGRO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 2024
- Peppol
- Active · Active since 14 May 2025
- Contact
- [email protected] +32474818400
- Activities · NACE
Teelt van groenten, meloenen en wortel- en knolgewassen