ACTIVE

BW PROJECTS

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Financial year 2025 · closed on 31/12/2025

Net result

1,5 k €

-86.5% YoY

Gross margin

18,6 k €

-41.9% YoY

Equity

160,5 k €

+0.9% YoY

What does BW PROJECTS do?

BW PROJECTS is a Private limited company incorporated in 2007. Its main activity is: Management consultancy activities. Its registered office is in Leuven.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0890.179.787

Incorporation

07/06/2007

Legal form

Private limited company

Registered office

Vaartdijk 3 box 402
3018 Leuven · FlandreSee on map

Contributed capital

30 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	18,6 k €	-41.9%	32 k €	-7.2%	34,5 k €	-35.9%	53,8 k €	-10.1%	59,8 k €	+135%	25,4 k €	+8.8%	23,4 k €	+80.4%	13 k €	-89.1%	118,4 k €	+311%	28,8 k €	+2118%	1,3 k €	-94.4%	23,1 k €	-63.5%	63,4 k €	+252%	18 k €	-58.3%	43,2 k €	-11.3%	48,7 k €	-33.1%	72,8 k €	+85.7%	39,2 k €
EBITDA	16,9 k €	-44.7%	30,6 k €	-10.3%	34,1 k €	+5739%	-604,6 €	-102%	38,4 k €	+106%	18,7 k €	-14.8%	21,9 k €	+81.1%	12,1 k €	-89.8%	118,2 k €	+354%	26,1 k €	+6128%	-432,2 €	-102%	18,1 k €	-69.9%	60,3 k €	+347%	13,5 k €	-65.1%	38,7 k €	-17.1%	46,7 k €	-30.5%	67,1 k €	+105%	32,8 k €
Operating result	6,3 k €	-68.4%	19,9 k €	-18.7%	24,5 k €	+459%	-6,8 k €	-123%	29,3 k €	+206%	9,6 k €	-24.2%	12,6 k €	+388%	2,6 k €	-97.7%	111,3 k €	+4837%	-2,3 k €	+91.7%	-28,2 k €	-366%	10,6 k €	-71.6%	37,4 k €	+504%	-9,3 k €	-157%	16,3 k €	-59.7%	40,4 k €	-35.1%	62,2 k €	+95.4%	31,8 k €
Net result	1,5 k €	-86.5%	10,8 k €	-33.0%	16,2 k €	+259%	-10,2 k €	-109%	-4,9 k €	-219%	4,1 k €	-26.0%	5,5 k €	+775%	633 €	-99.2%	76,6 k €	+1180%	-7,1 k €	+75.6%	-29 k €	-296%	14,8 k €	-47.3%	28,1 k €	+330%	-12,2 k €	-269%	7,2 k €	-67.5%	22,2 k €	-45.9%	41 k €	+117%	18,9 k €
Balance sheet
Equity	160,5 k €	+0.9%	159 k €	+7.3%	148,2 k €	+12.2%	132 k €	-7.2%	142,2 k €	-3.3%	147,1 k €	+20.3%	122,2 k €	+4.7%	116,7 k €	+0.5%	116 k €	-38.8%	189,5 k €	-3.6%	196,6 k €	+160%	75,6 k €	+24.3%	60,8 k €	+66.5%	36,5 k €	-25.0%	48,7 k €	+17.4%	41,5 k €	-53.8%	89,9 k €	+83.9%	48,9 k €
Total assets	407,4 k €	-2.6%	418,2 k €	-0.4%	420 k €	-7.4%	453,4 k €	+88.7%	240,2 k €	+2.6%	234,1 k €	-1.9%	238,8 k €	-22.1%	306,3 k €	+3.5%	295,9 k €	-57.7%	699,8 k €	-2.0%	714,2 k €	+418%	137,8 k €	-28.3%	192,3 k €	+35.3%	142,1 k €	-19.7%	177 k €	-1.8%	180,3 k €	+6.8%	168,8 k €	+68.1%	100,5 k €
Cash	8,6 k €	+78.3%	4,8 k €	-18.8%	5,9 k €	-88.0%	49,6 k €	+24.3%	39,9 k €	+83.4%	21,7 k €	-30.9%	31,4 k €	+279%	8,3 k €	-86.9%	63,2 k €	+1121%	5,2 k €	-91.2%	59 k €	+1375%	4 k €	-78.6%	18,7 k €	+29.2%	14,5 k €	-51.0%	29,6 k €	-57.7%	70 k €	+51.6%	46,2 k €	+89.8%	24,3 k €
Debts	246,9 k €	-4.7%	259,2 k €	-4.6%	271,8 k €	-15.4%	321,4 k €	+228%	98,1 k €	+12.6%	87,1 k €	-9.1%	95,8 k €	-43.3%	168,9 k €	+6.2%	159,1 k €	-68.8%	510,3 k €	-1.4%	517,4 k €	+750%	60,9 k €	-51.6%	126 k €	+21.4%	103,7 k €	-17.2%	125,3 k €	-8.4%	136,7 k €	+105%	66,6 k €	+35.3%	49,2 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,1 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 · 1 active · 6 ended

Active mandates

Wouter Robrecht Van Melkebeek

Director · since 07 juin 2007

Active

Ended mandates

Bernard Vandereyken

Manager · since 07 juin 2007 · until 31 décembre 2014

Ended

Bernard Vandereyken

Manager · since 07 juin 2007

Ended

Wouter Van Melkebeek

Director · since 07 juin 2007

Ended

Wouter Van Melkebeek

Manager · since 07 juin 2007

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/07/2026	20/08/2025	30/07/2024	26/07/2023	21/07/2022	13/08/2021
General meeting	19/06/2026	30/06/2025	30/06/2024	30/06/2023	17/06/2022	28/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	19/06/2026	08/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	20/08/2025	Dutch	PDF
Micro model	31/12/2023	30/06/2024	30/07/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	26/07/2023	Dutch	PDF
Micro model	31/12/2021	17/06/2022	21/07/2022	Dutch	PDF
Micro model	31/12/2020	28/06/2021	13/08/2021	Dutch	PDF
Micro model	31/12/2019	25/08/2020	24/09/2020	Dutch	PDF
Micro model	31/12/2018	29/06/2019	11/08/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	19/08/2018	Dutch	PDF
Abridged model	31/12/2016	16/06/2017	19/08/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	19/06/2016	Dutch	PDF
Abridged model	31/12/2014	19/06/2015	13/07/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	07/07/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	11/07/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	25/10/2012	Dutch	PDF
Abridged model	31/12/2010	17/06/2011	23/06/2011	Dutch	PDF
Abridged model	31/12/2009	18/06/2010	29/06/2010	Dutch	PDF
Abridged model	31/12/2008	19/06/2009	31/08/2009	Dutch	PDF

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 · 1 active · 6 ended

Active mandates

Wouter Robrecht Van Melkebeek

Director · since 07 juin 2007

Active

Ended mandates

Bernard Vandereyken

Manager · since 07 juin 2007 · until 31 décembre 2014

Ended

Bernard Vandereyken

Manager · since 07 juin 2007

Ended

Wouter Van Melkebeek

Director · since 07 juin 2007

Ended

Wouter Van Melkebeek

Manager · since 07 juin 2007

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office12/08/2019
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares30/01/2018
KAPITAAL - AANDELEN
PDF
Capital / shares21/12/2015
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates04/03/2015
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other28/06/2007
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

2025
Annual accounts 20251,5 k €↓
2024
Annual accounts 202410,8 k €↓
2023
Annual accounts 202316,2 k €↑
2022
Annual accounts 2022-10,2 k €↓
2021
Annual accounts 2021-4,9 k €↓
2020
Annual accounts 20204,1 k €↓
2019
Annual accounts 20195,5 k €↑
2018
Annual accounts 2018633 €↓
2017
Annual accounts 201776,6 k €↑
2016
Annual accounts 2016-7,1 k €↑
2015
Annual accounts 2015-29 k €↓
2014
Annual accounts 201414,8 k €↓
2013
Annual accounts 201328,1 k €↑
2012
Annual accounts 2012-12,2 k €↓
2011
Annual accounts 20117,2 k €↓
2010
Annual accounts 201022,2 k €↓
2009
Annual accounts 200941 k €↑
2008
Annual accounts 200818,9 k €
07/06/2007
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

BW PROJECTS

Overview

What does BW PROJECTS do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline