Losses
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Merger with Vlatim. Merger on 14-01-2026.
Absorbed by William Timmermans in January 2026. The last annual accounts are for financial year 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
352,502 | 210,546 | 210,535 | 210,615 | 210,553 | 210,574 | 210,542 | 210,674 | 210,573 | 210,568 | 210,549 | 210,539 | 210,540 | 210,602 | 210,545 | 210,545 | 297,319 | 297,408 | 298,220 | |
21/28 |
352,213 | 210,535 | 210,535 | 210,535 | 210,535 | 210,535 | 210,535 | 210,535 | 210,535 | 210,535 | 210,535 | 210,535 | 210,535 | 210,535 | 210,535 | 210,535 | 297,306 | 297,399 | 298,203 | |
22/27 |
37,300 | 37,300 | 37,300 | 37,300 | 37,300 | 37,300 | 37,300 | 37,300 | 37,300 | 37,300 | 37,300 | 37,300 | 37,300 | 37,300 | 37,300 | 37,300 | 37,300 | 37,393 | 38,197 | |
22 |
37,300 | 37,300 | 37,300 | 37,300 | 37,300 | 37,300 | 37,300 | 37,300 | 37,300 | 37,300 | 37,300 | 37,300 | 37,300 | 37,300 | 37,300 | 37,300 | 37,300 | 37,300 | 37,300 | |
24 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 93 | 897 | |
28 |
314,913 | 173,235 | 173,235 | 173,235 | 173,235 | 173,235 | 173,235 | 173,235 | 173,235 | 173,235 | 173,235 | 173,235 | 173,235 | 173,235 | 173,235 | 173,235 | 260,006 | 260,006 | 260,006 | |
29/58 |
289 | 11 | 0 | 80 | 18 | 39 | 7 | 139 | 38 | 33 | 14 | 4 | 5 | 67 | 10 | 11 | 13 | 10 | 17 | |
54/58 |
289 | 11 | 0 | 80 | 18 | 39 | 7 | 139 | 38 | 33 | 14 | 4 | 5 | 67 | 10 | 11 | 13 | 10 | 17 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
352,502 | 210,546 | 210,535 | 210,615 | 210,553 | 210,574 | 210,542 | 210,674 | 210,573 | 210,568 | 210,549 | 210,539 | 210,540 | 210,602 | 210,545 | 210,545 | 297,319 | 297,408 | 298,220 | |
10/15 |
62,239 | 65,889 | 68,127 | 67,415 | 67,192 | 68,720 | 68,757 | 69,482 | 70,426 | 70,486 | 71,764 | 72,352 | 72,479 | 72,181 | 73,279 | 73,335 | 72,275 | 70,476 | 60,554 | |
10/11 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
10 |
62,000 | 62,000 | 62,000 | 62,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
13 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 4,130 | |
130/1 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 4,130 | |
14 |
-5,961 | -2,311 | -73 | -785 | -1,008 | 520 | 557 | 1,282 | 2,226 | 2,286 | 3,564 | 4,152 | 4,279 | 3,981 | 5,079 | 5,135 | 4,075 | 2,276 | -5,576 | |
17/49 |
290,263 | 144,657 | 142,408 | 143,200 | 143,361 | 141,854 | 141,784 | 141,192 | 140,147 | 140,082 | 138,785 | 138,187 | 138,060 | 138,420 | 137,266 | 137,210 | 225,043 | 226,932 | 237,666 | |
42/48 |
290,263 | 144,657 | 142,408 | 143,200 | 143,361 | 141,854 | 141,784 | 141,192 | 140,147 | 139,082 | 137,885 | 137,287 | 137,260 | 137,420 | 136,266 | 136,010 | 225,043 | 226,932 | 237,666 | |
44 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 83 | 133 | - | 2,314 | - | - | |
440/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 83 | 133 | - | 2,314 | - | - | |
45 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 138 | - | - | - | |
450/3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 138 | - | - | - | |
47/48 |
290,263 | 144,657 | 142,408 | 143,200 | 143,361 | 141,854 | 141,784 | 141,192 | 140,147 | 139,082 | 137,885 | 137,287 | 137,260 | 137,337 | 136,133 | 135,872 | 222,730 | 226,932 | 237,666 | |
492/3 |
- | - | - | - | - | - | - | - | - | 1,000 | 900 | 900 | 800 | 1,000 | 1,000 | 1,200 | - | - | - | |
| Income statement | ||||||||||||||||||||
9900 |
-2,694 | -1,814 | 1,083 | 735 | -1,110 | 30 | -177 | -534 | 349 | -757 | -199 | 231 | 733 | -738 | 292 | 1,706 | 2,250 | 11,583 | 6,542 | |
630 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 93 | 804 | 712 | |
640/8 |
387 | 384 | 348 | 348 | 398 | 50 | 398 | 398 | 398 | 448 | 378 | 348 | 348 | 348 | 348 | 348 | 348 | 695 | 348 | |
9901 |
-3,082 | -2,198 | 736 | 388 | -1,507 | -20 | -575 | -931 | -48 | -1,204 | -576 | -117 | 385 | -1,085 | -56 | 1,359 | 1,809 | 10,083 | 5,483 | |
75/76B |
- | - | - | - | - | - | - | - | - | 2 | 0 | 1 | - | - | 3 | - | - | - | 0 | |
75 |
- | - | - | - | - | - | - | - | - | 2 | 0 | 1 | - | - | 3 | - | - | - | 0 | |
65/66B |
569 | 40 | 24 | 164 | 21 | 18 | 150 | 12 | 12 | 75 | 12 | 12 | 87 | 12 | 12 | 160 | 10 | 161 | 9 | |
65 |
569 | 40 | 24 | 164 | 21 | 18 | 150 | 12 | 12 | 75 | 12 | 12 | 87 | 12 | 12 | 160 | 10 | 161 | 9 | |
9903 |
-3,650 | -2,238 | 712 | 223 | -1,528 | -37 | -725 | -943 | -60 | -1,278 | -588 | -128 | 298 | -1,097 | -65 | 1,198 | 1,799 | 9,922 | 5,474 | |
67/77 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | -8 | 138 | - | - | - | |
9904 |
-3,650 | -2,238 | 712 | 223 | -1,528 | -37 | -725 | -943 | -60 | -1,278 | -588 | -128 | 298 | -1,097 | -57 | 1,060 | 1,799 | 9,922 | 5,474 | |
9905 |
-3,650 | -2,238 | 712 | 223 | -1,528 | -37 | -725 | -943 | -60 | -1,278 | -588 | -128 | 298 | -1,097 | -57 | 1,060 | 1,799 | 9,922 | 5,474 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
-5,961 | -2,311 | -73 | -785 | -1,008 | 520 | 557 | 1,282 | 2,226 | 2,286 | 3,564 | 4,152 | 4,279 | 3,981 | 5,079 | 5,135 | 4,075 | 4,346 | -5,576 | |
14P |
-2,311 | -73 | -785 | -1,008 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,070 | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,070 | - | |
| Document | ||||||||||||||||||||
The accounts for 15 older financial years (1991-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 16-01-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 16-01-2026 | 2026-00008850 | |
| 30-06-2024 | abbreviated format | 03-02-2025 | 2025-00024641 | |
| 30-06-2023 | abbreviated format | 29-01-2024 | 2024-00014166 | |
| 30-06-2022 | abbreviated format | 17-01-2023 | 2023-00000279 | |
| 30-06-2021 | abbreviated format | 20-12-2021 | 2021-80900258 | |
| 30-06-2020 | abbreviated format | 29-01-2021 | 2021-02900077 | |
| 30-06-2019 | abbreviated format | 07-01-2020 | 2020-00500027 | |
| 30-06-2018 | abbreviated format | 11-01-2019 | 2019-01200505 | |
| 30-06-2017 | micro format | 21-12-2017 | 2017-72700530 | |
| 30-06-2016 | abbreviated format | 16-12-2016 | 2016-70100099 | |
| 30-06-2015 | abbreviated format | 11-01-2016 | 2016-00700227 | |
| 30-06-2014 | abbreviated format | 22-12-2014 | 2014-69800297 | |
| 30-06-2013 | abbreviated format | 31-01-2014 | 2014-01900367 | |
| 30-06-2012 | abbreviated format | 12-02-2013 | 2013-03100527 | |
| 30-06-2011 | abbreviated format | 13-01-2012 | 2012-00800035 | |
| 30-06-2010 | abbreviated format | 11-01-2011 | 2011-00500504 | |
| 30-06-2009 | abbreviated format | 21-12-2009 | 2009-89400263 | |
| 30-06-2008 | abbreviated format | 22-12-2008 | 2008-85900173 | |
| 31-12-2006 | abbreviated format | 28-06-2007 | 2007-29300161 | |
| 31-12-2005 | abbreviated format | 12-06-2006 | 2006-23001251 | |
| 31-12-2004 | abbreviated format | 24-06-2005 | 2005-33004867 | |
| 31-12-2003 | abbreviated format | 01-07-2004 | 2004-37804027 | |
| 31-12-2002 | abbreviated format | 02-07-2003 | 2003-37202099 | |
| 31-12-2001 | abbreviated format | 28-06-2002 | 2002-30003756 | |
| 31-12-2000 | abbreviated format | 02-07-2001 | 2001-31603039 | |
| 31-12-1999 | abbreviated format | 14-07-2000 | 2000-42100062 | |
| 31-12-1998 | abbreviated format | 29-06-1999 | 1999-25703570 | |
| 31-12-1997 | abbreviated format | 26-06-1998 | 1998-23402778 | |
| 31-12-1996 | abbreviated format | 25-06-1997 | 1997-20303536 | |
| 31-12-1995 | abbreviated format | 13-06-1996 | 1996-16002652 | |
| 31-12-1994 | abbreviated format | 30-06-1995 | 1995-33304804 | |
| 31-12-1993 | abbreviated format | 07-06-1994 | 1994-12504298 | |
| 31-12-1992 | abbreviated format | 26-08-1993 | 1993-33202866 | |
| 31-12-1991 | abbreviated format | 30-06-1992 | 1992-17904569 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,902 | 10,888 | 6,194 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,892 | 10,726 | 6,186 | ||
| 141,678 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | 556 | ||
| 278 | 11 | -80 | 62 | -21 | 32 | -132 | 101 | 5 | 19 | 10 | -1 | -62 | 57 | -0 | -2 | 3 | - | - | ||
| -289,974 | -144,646 | -142,408 | -143,119 | -143,343 | -141,815 | -141,777 | -141,053 | -140,109 | -139,049 | -137,871 | -137,283 | -137,255 | -137,353 | -136,256 | -135,999 | -225,030 | -226,923 | -237,649 | ||
| 17.7% | 31.3% | 32.4% | 32.0% | 31.9% | 32.6% | 32.7% | 33.0% | 33.4% | 33.5% | 34.1% | 34.4% | 34.4% | 34.3% | 34.8% | 34.8% | 24.3% | 23.7% | 20.3% | ||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||
| 4.66 | 2.20 | 2.09 | 2.12 | 2.13 | 2.06 | 2.06 | 2.03 | 1.99 | 1.99 | 1.93 | 1.91 | 1.90 | 1.92 | 1.87 | 1.87 | 3.11 | 3.22 | 3.92 | ||
| -5.9% | -3.4% | 1.0% | 0.3% | -2.3% | -0.1% | -1.1% | -1.4% | -0.1% | -1.8% | -0.8% | -0.2% | 0.4% | -1.5% | -0.1% | 1.4% | 2.5% | 14.1% | 9.0% | ||
| -1.0% | -1.1% | 0.3% | 0.1% | -0.7% | 0.0% | -0.3% | -0.4% | 0.0% | -0.6% | -0.3% | -0.1% | 0.1% | -0.5% | 0.0% | 0.5% | 0.6% | 3.3% | 1.8% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Financial fixed assets | €141,678 | - | - | - |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €3,082, larger than the loss of €2,198 in 2024. It is the lowest result since 2006.
Debt's share of the balance-sheet total rises from 68.7% to 82.3%. Equity is lower and debt is higher.
See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.
This company merged into WEFA on 14-01-2026.
The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Articles of association, deed of 13-10-2025 (in Dutch)
WEFA is no longer in the KBO register. William Timmermans took it over in a merger by absorption, published in the Belgian Official Gazette on 14 January 2026.
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