ACTIVE

C.W. Belgium

Financial year 2025 · closed on 31/12/2025
Net result
-129,6 k €
-855.9% YoY
Revenue
307,4 k €
-10.7% YoY
Equity
3,6 M €
-48.9% YoY

What does C.W. Belgium do?

C.W. Belgium is a Private limited company incorporated in 1995. Its main activity is: Activities of holding companies. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0455.135.777
Incorporation
26/04/1995
Legal form
Private limited company
Registered office
Smallandlaan 4 box 1
2660 Antwerpen · FlandreSee on map
Contributed capital
2 192 000,00 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120152014201320122011201020092008
Income statement
Revenue307,4 k €344,2 k €
EBITDA246 k €300,4 k €618,8 k €645 k €241,4 k €1,9 M €435,8 k €117,3 k €170 k €160,9 k €124,8 k €152,6 k €171,7 k €
Operating result-66,1 k €-2 k €311,7 k €360 k €-19,7 k €1,9 M €415,9 k €64,2 k €116,9 k €108,8 k €90 k €114 k €133,1 k €
Net result-129,6 k €17,1 k €135,2 k €331,8 k €-15,2 k €1,3 M €262,8 k €24,6 k €49,6 k €53,2 k €44,4 k €51,3 k €95 k €
Balance sheet
Equity3,6 M €7 M €7,1 M €7 M €6,6 M €2 M €757,2 k €494,4 k €469,8 k €420,2 k €367 k €322,6 k €271,4 k €
Total assets9,6 M €10,3 M €10,7 M €11,2 M €9,6 M €2,8 M €1 M €1,7 M €1,8 M €1,9 M €1,5 M €1,3 M €1 M €
Cash79,8 k €80,5 k €45,1 k €51,3 k €190,2 k €2,1 M €51,8 k €11,7 k €587,5 €20 k €32,2 k €50,4 k €11,5 k €
Debts5,7 M €3 M €3,3 M €3,9 M €2,6 M €34,6 k €207,5 k €1,2 M €1,3 M €1,5 M €1,2 M €1 M €757 k €
Other
Workforce0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Farffetched

Managing director · since 28 février 2025 · 0800.350.562

Represented by Verbeke Jean-Erik

Active
VLS Chocolate

Managing director · since 06 décembre 2024 · 1015.857.541

Represented by Verbeke Adriaan

Active

Ended mandates

FIBULAS

Director · since 29 décembre 2016 · 0668.467.877

Represented by Buelens Filip

Ended
FIBULAS

Manager · since 29 décembre 2016 · 0668.467.877

Represented by Filip Buelens

Ended
NEVENCO

Director · since 29 décembre 2016 · 0668.468.966

Represented by Neven JAN

Ended
NEVENCO

Manager · since 29 décembre 2016 · 0668.468.966

Represented by Jan Neven

Ended
At this address

Other companies at this address

CompanyCBE no.
0404.618.276
CHOCOLATE WORLDActive
0443.628.906
0656.991.292
0445.962.052
0785.655.656
1029.687.563
0809.585.754
VLS ChocolateActive
1015.857.541
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/07/202631/07/202519/07/202424/07/202308/07/202229/07/2021
General meeting30/06/202630/06/202516/07/202423/06/202322/06/202223/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202627/07/2026DutchPDF
Full model31/12/202430/06/202531/07/2025DutchPDF
Abridged model31/12/202316/07/202419/07/2024DutchPDF
Abridged model31/12/202223/06/202324/07/2023DutchPDF
Abridged model31/12/202122/06/202208/07/2022DutchPDF
Abridged model31/12/202023/06/202129/07/2021DutchPDF
Abridged model31/12/201928/09/202007/10/2020DutchPDF
Abridged model31/12/201819/06/201928/06/2019DutchPDF
Abridged model31/12/201720/06/201830/07/2018DutchPDF
Abridged model30/06/201605/12/201609/01/2017DutchPDF
Abridged model30/06/201507/12/201527/01/2016DutchPDF
Abridged model30/06/201401/12/201429/01/2015DutchPDF
Abridged model30/06/201302/12/201305/12/2013DutchPDF
Abridged model30/06/201203/12/201212/12/2012DutchPDF
Abridged model30/06/201105/12/201109/12/2011DutchPDF
Abridged model30/06/201006/12/201021/12/2010DutchPDF
Abridged model30/06/200907/12/200902/02/2010DutchPDF
Abridged model30/06/200801/12/200831/01/2009DutchPDF
Abridged model30/06/200703/12/200707/02/2008DutchPDF
Abridged model30/06/200604/12/200614/02/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Farffetched

Managing director · since 28 février 2025 · 0800.350.562

Represented by Verbeke Jean-Erik

Active
VLS Chocolate

Managing director · since 06 décembre 2024 · 1015.857.541

Represented by Verbeke Adriaan

Active

Ended mandates

FIBULAS

Director · since 29 décembre 2016 · 0668.467.877

Represented by Buelens Filip

Ended
FIBULAS

Manager · since 29 décembre 2016 · 0668.467.877

Represented by Filip Buelens

Ended
NEVENCO

Director · since 29 décembre 2016 · 0668.468.966

Represented by Neven JAN

Ended
NEVENCO

Manager · since 29 décembre 2016 · 0668.468.966

Represented by Jan Neven

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates31/08/2026
    Benoeming commissaris - volmacht
    PDF
  • Mandates11/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/03/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares01/02/2017
    KAPITAAL - AANDELEN
    PDF
  • Registered office22/08/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Restructuring29/03/2016
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring05/01/2016
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-129,6 k €
  2. 2024
    Annual accounts 202417,1 k €
  3. 2023
    Annual accounts 2023135,2 k €
  4. 2022
    Annual accounts 2022331,8 k €
  5. 2021
    Annual accounts 2021-15,2 k €
  6. 2015
    Annual accounts 20151,3 M €
  7. 2014
    Annual accounts 2014262,8 k €
  8. 2013
    Annual accounts 201324,6 k €
  9. 2012
    Annual accounts 201249,6 k €
  10. 2011
    Annual accounts 201153,2 k €
  11. 2010
    Annual accounts 201044,4 k €
  12. 2009
    Annual accounts 200951,3 k €
  13. 2008
    Annual accounts 200895 k €
  14. 26/04/1995
    IncorporationPrivate limited company