ACTIVE

FWM

Financial year 2025 · closed on 30/09/2025
Net result
62,2 k €
-23.6% YoY
Gross margin
189,3 k €
+3.2% YoY
Equity
374,3 k €
+19.9% YoY

What does FWM do?

FWM is a Private limited company incorporated in 2017. Its registered office is in Oud-Turnhout.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0682.495.562
Incorporation
04/10/2017
Legal form
Private limited company
Registered office
Pastoor Kruyfhooftstraat 5
2360 Oud-Turnhout · FlandreSee on map
Contributed capital
40 000,00 €
Latest accounts
30/09/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin189,3 k €183,5 k €161,6 k €176,8 k €114,8 k €94,8 k €74,8 k €11 k €
EBITDA184,7 k €179,7 k €152,7 k €174,8 k €112,8 k €92,8 k €74,3 k €8 k €
Operating result122,1 k €119,1 k €98,3 k €119,9 k €66,6 k €47,9 k €29,7 k €-25,1 k €
Net result62,2 k €81,5 k €47,4 k €90 k €38,6 k €34 k €16,5 k €-36 k €
Balance sheet
Equity374,3 k €312,1 k €230,6 k €183,1 k €93,1 k €54,5 k €20,5 k €4 k €
Total assets1,4 M €1,4 M €1 M €1 M €766,4 k €792,6 k €759 k €775,5 k €
Cash81,5 k €38,2 k €88,5 k €76,8 k €64 k €21,5 k €20,8 k €9,1 k €
Debts1 M €1,1 M €768,8 k €857,6 k €673,3 k €738,1 k €738,5 k €771,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 1 ended

Active mandates

Dave HEYNS

Director

Active

Ended mandates

Dave HEYNS

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/04/202612/03/202518/03/202410/03/202328/03/202212/03/2021
General meeting02/03/202603/03/202504/03/202406/03/202307/03/202201/03/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202502/03/202602/04/2026DutchPDF
Abridged model30/09/202403/03/202512/03/2025DutchPDF
Abridged model30/09/202304/03/202418/03/2024DutchPDF
Micro model30/09/202206/03/202310/03/2023DutchPDF
Micro model30/09/202107/03/202228/03/2022DutchPDF
Micro model30/09/202001/03/202112/03/2021DutchPDF
Micro model30/09/201902/03/202006/03/2020DutchPDF
Micro model30/09/201804/03/201915/03/2019DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 30/09/2025 · 1 active · 1 ended

Active mandates

Dave HEYNS

Director

Active

Ended mandates

Dave HEYNS

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/12/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other06/10/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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 202562,2 k €
  2. 2024
    Annual accounts 202481,5 k €
  3. 2023
    Annual accounts 202347,4 k €
  4. 2022
    Annual accounts 202290 k €
  5. 2021
    Annual accounts 202138,6 k €
  6. 2020
    Annual accounts 202034 k €
  7. 2019
    Annual accounts 201916,5 k €
  8. 2018
    Annual accounts 2018-36 k €
  9. 04/10/2017
    IncorporationPrivate limited company