ACTIVE

HW BVBA

Financial year 2025 · closed on 31/12/2025
Net result
-14,5 k €
-124.4% YoY
Gross margin
35,7 k €
-70.8% YoY
Equity
-184 k €
-8.6% YoY

What does HW BVBA do?

HW BVBA is a Private company with limited liability incorporated in 2007. Its main activity is: Management consultancy activities. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0888.348.962
Incorporation
29/03/2007
Legal form
Private company with limited liability
Registered office
Jan Moorkensstraat 72
2600 Antwerpen · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Signals
Positive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021201220112010200920082007
Income statement
Gross margin35,7 k €122,5 k €126,8 k €88,3 k €122,9 k €104,2 k €-17,6 k €144,5 k €59,8 k €101 k €48,8 k €
EBITDA33,7 k €120,6 k €124,8 k €87,4 k €121,1 k €99,5 k €-23,5 k €136,5 k €48,1 k €91,2 k €44,3 k €
Operating result-6,1 k €81,2 k €84,5 k €48,2 k €88,5 k €69 k €-61,9 k €69,5 k €-11,6 k €56,9 k €14,9 k €
Net result-14,5 k €59,6 k €67,2 k €28,8 k €59,7 k €49,6 k €-99,9 k €15,2 k €-20,2 k €19,2 k €4,2 k €
Balance sheet
Equity-184 k €-169,5 k €-229,1 k €-296,3 k €-325,1 k €-25,8 k €-75,4 k €24,6 k €9,3 k €29,6 k €10,4 k €
Total assets201,7 k €239,4 k €285,1 k €364,1 k €497 k €660,4 k €955,3 k €981,6 k €994 k €549,4 k €595,9 k €
Cash6,9 k €7,5 k €15,1 k €17,4 k €33,5 k €36,3 k €255 €540,3 €20,1 k €21,6 k €2,1 k €
Debts373,4 k €408,9 k €509,5 k €654,5 k €815,5 k €686,2 k €1 M €957 k €984,7 k €519,6 k €585,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Hendrik Winkelmans

Statutaire Bestuurder · since 21 mars 2007

Active

Ended mandates

HENDRIK WINKELMANS

Manager · since 29 mars 2007

Ended
Hendrik Winkelmans

Manager · since 21 mars 2007

Ended
Hendrik WINKELMANS

Director · since 21 mars 2007

Ended
HENDRIK WINKELMANS

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
0726.628.780
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro 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 date31/08/202629/10/202529/08/202431/08/202330/08/202213/01/2022
General meeting22/06/202607/07/202503/06/202430/08/202322/08/202217/12/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202522/06/202631/08/2026DutchPDF
Micro model31/12/202407/07/202529/10/2025DutchPDF
Micro model31/12/202303/06/202429/08/2024DutchPDF
Abridged model31/12/202230/08/202331/08/2023DutchPDF
Abridged model31/12/202122/08/202230/08/2022DutchPDF
Abridged model31/12/202017/12/202113/01/2022DutchPDF
Micro model31/12/201901/09/202010/09/2020DutchPDF
Micro model31/12/201828/06/201918/11/2019DutchPDF
Micro model31/12/201704/06/201812/07/2018DutchPDF
Abridged model31/12/201605/06/201731/08/2017DutchPDF
Abridged model31/12/201506/06/201625/07/2016DutchPDF
Abridged model31/12/201401/06/201529/07/2015DutchPDF
Abridged model31/12/201302/06/201422/08/2014DutchPDF
Abridged model31/12/201230/06/201331/07/2013DutchPDF
Abridged model31/12/201130/06/201231/07/2012DutchPDF
Abridged model31/12/201006/06/201101/08/2011DutchPDF
Abridged model31/12/200928/10/201003/11/2010DutchPDF
Abridged model31/12/200803/08/200928/08/2009DutchPDF
Abridged model31/12/200704/08/200827/08/2008DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 1 active · 4 ended

Active mandates

Hendrik Winkelmans

Statutaire Bestuurder · since 21 mars 2007

Active

Ended mandates

HENDRIK WINKELMANS

Manager · since 29 mars 2007

Ended
Hendrik Winkelmans

Manager · since 21 mars 2007

Ended
Hendrik WINKELMANS

Director · since 21 mars 2007

Ended
HENDRIK WINKELMANS

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office14/05/2010
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other06/04/2007
    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 2025-14,5 k €
  2. 2024
    Annual accounts 202459,6 k €
  3. 2023
    Annual accounts 202367,2 k €
  4. 2022
    Annual accounts 202228,8 k €
  5. 2021
    Annual accounts 202159,7 k €
  6. 2012
    Annual accounts 201249,6 k €
  7. 2011
    Annual accounts 2011-99,9 k €
  8. 2010
    Annual accounts 201015,2 k €
  9. 2009
    Annual accounts 2009-20,2 k €
  10. 2008
    Annual accounts 200819,2 k €
  11. 2007
    Annual accounts 20074,2 k €
  12. 29/03/2007
    IncorporationPrivate company with limited liability