ACTIVE

CSW Engineering Group

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Financial year 2025 · closed on 31/12/2025

Net result

-11,5 k €

+46.3% YoY

Gross margin

-9,2 k €

-133.1% YoY

Equity

-412,6 €

-103.7% YoY

What does CSW Engineering Group do?

CSW Engineering Group is a Public limited company incorporated in 2007. Its main activity is: Other personal service activities n.e.c.. Its registered office is in Olne.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0893.810.557

Incorporation

29/11/2007

Legal form

Public limited company

Registered office

Rièssonsart 109
4877 Olne · WallonieSee on map

Contributed capital

64 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

96099Other personal service activities n.e.c.· main 96999Other personal service activities

Joint committees (3)

View the BCE/KBO Public Search record →

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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	-9,2 k €	-133%	27,7 k €	-67.6%	85,4 k €	+31.3%	65 k €	+7.5%	60,5 k €	+114%	28,2 k €	-26.1%	38,2 k €	+162%	14,6 k €	-92.8%	203,5 k €	-34.9%	312,8 k €	-1.2%	316,6 k €	+16.7%	271,4 k €	+20.0%	226 k €	+66.2%	136 k €	+1366%	9,3 k €	+166%	3,5 k €	-85.5%	24 k €	+58.0%	15,2 k €
EBITDA	-9,6 k €	-189%	10,8 k €	-3.4%	11,1 k €	+18.9%	9,4 k €	-32.6%	13,9 k €	+252%	-9,1 k €	-61.1%	-5,7 k €	+80.3%	-28,8 k €	-116%	181,9 k €	+151%	72,4 k €	+57.9%	45,8 k €	-57.0%	106,5 k €	+80.4%	59 k €	+70.5%	34,6 k €	+457%	6,2 k €	+173%	2,3 k €	-89.2%	21,2 k €	+708%	-3,5 k €
Operating result	-11,2 k €	-229%	8,7 k €	-3.6%	9 k €	+18.9%	7,6 k €	-42.6%	13,2 k €	+230%	-10,2 k €	+3.5%	-10,5 k €	+69.1%	-34,1 k €	-120%	172,7 k €	+587%	25,1 k €	+2417%	-1,1 k €	-101%	94,8 k €	+102%	47 k €	+146%	19,1 k €	+412%	-6,1 k €	+46.9%	-11,5 k €	-189%	13 k €	+218%	-11 k €
Net result	-11,5 k €	+46.3%	-21,4 k €	-664%	3,8 k €	-14.6%	4,4 k €	-60.3%	11,2 k €	+231%	-8,5 k €	+20.6%	-10,8 k €	+68.6%	-34,3 k €	-132%	108,7 k €	+776%	12,4 k €	+1453%	799 €	-98.7%	61,5 k €	+61.9%	38 k €	+100%	19 k €	+380%	-6,8 k €	+49.8%	-13,5 k €	-205%	12,8 k €	+217%	-11 k €
Balance sheet
Equity	-412,6 €	-104%	11,1 k €	-65.9%	32,5 k €	+13.2%	28,7 k €	+18.3%	24,3 k €	+85.8%	13,1 k €	-39.5%	21,6 k €	-33.2%	32,4 k €	-73.6%	122,4 k €	-15.0%	144 k €	+9.4%	131,6 k €	+0.6%	130,8 k €	+88.9%	69,2 k €	+122%	31,2 k €	-31.6%	45,6 k €	-12.9%	52,4 k €	-20.4%	65,9 k €	+24.2%	53 k €
Total assets	34,5 k €	+28.5%	26,9 k €	-57.2%	62,8 k €	+0.3%	62,6 k €	+13.2%	55,3 k €	+5.9%	52,2 k €	-3.9%	54,3 k €	-27.5%	75 k €	-76.3%	316,1 k €	-45.5%	580,4 k €	+14.3%	507,8 k €	+116%	234,9 k €	+42.1%	165,3 k €	+80.5%	91,6 k €	+18.7%	77,2 k €	+13.5%	68 k €	-34.7%	104,1 k €	+65.7%	62,8 k €
Cash	8,6 k €	+145%	3,5 k €	-69.6%	11,5 k €	-29.2%	16,3 k €	-11.3%	18,3 k €	+299%	4,6 k €	-0.4%	4,6 k €	-84.4%	29,6 k €	-88.1%	249,6 k €	+14.5%	217,9 k €	+1378%	14,7 k €	-6.6%	15,8 k €	+295%	4 k €	+491%	677 €	-97.4%	25,6 k €	+513%	4,2 k €	-91.0%	46,4 k €	+247%	13,4 k €
Debts	34,9 k €	+121%	15,8 k €	-46.9%	29,7 k €	-2.0%	30,3 k €	-2.5%	31,1 k €	-20.7%	39,2 k €	+19.7%	32,7 k €	-23.2%	42,6 k €	-78.0%	193,7 k €	-55.6%	436,4 k €	+50.9%	289,2 k €	+178%	103,9 k €	+8.4%	95,9 k €	+58.9%	60,4 k €	+91.5%	31,5 k €	+102%	15,6 k €	-32.9%	23,2 k €	+137%	9,8 k €
Other
Workforce	–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	+100%	0,5 ETP	-68.8%	1,6 ETP	-36.0%	2,5 ETP	0.0%	2,5 ETP	0.0%	2,5 ETP	+78.6%	1,4 ETP		–		–		0,0 ETP	-100%	0,4 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 · 22 ended

Active mandates

Thomas PARTHOENS

Managing director · since 30 mars 2018

Active

Ended mandates

Marc PARTHOENS

Managing director · since 01 avril 2018 · until 01 avril 2024

Ended

Marc PARTHOENS

Managing director · since 01 avril 2018

Ended

Antoine Parthoens

Director · since 30 mars 2018 · until 21 décembre 2023

Ended

Eric SCHOFFENIELS

Director · since 10 mai 2012 · until 09 mai 2017

Ended

At this address

Other companies at this address

Company	CBE no.
MFA Management● Active	0466.352.640

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	29/07/2026	30/06/2025	07/07/2024	25/06/2023	29/06/2022	11/07/2021
General meeting	31/05/2026	31/05/2025	31/05/2024	31/05/2023	31/05/2022	31/05/2021
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	31/05/2026	29/07/2026	French	PDF
Micro model	31/12/2024	31/05/2025	30/06/2025	French	PDF
Micro model	31/12/2023	31/05/2024	07/07/2024	French	PDF
Micro model	31/12/2022	31/05/2023	25/06/2023	French	PDF
Micro model	31/12/2021	31/05/2022	29/06/2022	French	PDF
Micro model	31/12/2020	31/05/2021	11/07/2021	French	PDF
Abridged model	31/12/2019	01/06/2020	28/07/2020	French	PDF
Abridged model	31/12/2018	31/05/2019	18/07/2019	French	PDF
Abridged model	31/12/2017	31/05/2018	12/07/2018	French	PDF
Abridged model	31/12/2016	31/05/2017	23/08/2017	French	PDF
Abridged model	31/12/2015	31/05/2016	28/06/2016	French	PDF
Abridged model	31/12/2014	31/05/2015	31/08/2015	French	PDF
Abridged model	31/12/2013	31/05/2014	08/08/2014	French	PDF
Abridged model	31/12/2012	31/05/2013	14/06/2013	French	PDF
Abridged model	31/12/2011	31/05/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	31/05/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	31/05/2010	27/07/2010	French	PDF
Abridged model	31/12/2008	31/05/2009	28/08/2009	French	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 · 22 ended

Active mandates

Thomas PARTHOENS

Managing director · since 30 mars 2018

Active

Ended mandates

Marc PARTHOENS

Managing director · since 01 avril 2018 · until 01 avril 2024

Ended

Marc PARTHOENS

Managing director · since 01 avril 2018

Ended

Antoine Parthoens

Director · since 30 mars 2018 · until 21 décembre 2023

Ended

Eric SCHOFFENIELS

Director · since 10 mai 2012 · until 09 mai 2017

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates03/08/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates15/01/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates17/09/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates11/07/2012
DEMISSIONS, NOMINATIONS
PDF
Mandates12/10/2011
DEMISSIONS, NOMINATIONS
PDF
Registered office04/09/2009
SIEGE SOCIAL
PDF
Other10/12/2007
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 2025-11,5 k €↑
2024
Annual accounts 2024-21,4 k €↓
2023
Annual accounts 20233,8 k €↓
2022
Annual accounts 20224,4 k €↓
2021
Annual accounts 202111,2 k €↑
2021
Name changeCSW ENGINEERING
2020
Annual accounts 2020-8,5 k €↑
2019
Annual accounts 2019-10,8 k €↑
2018
Annual accounts 2018-34,3 k €↓
2017
Annual accounts 2017108,7 k €↑
2016
Annual accounts 201612,4 k €↑
2015
Annual accounts 2015799 €↓
2014
Annual accounts 201461,5 k €↑
2013
Annual accounts 201338 k €↑
2012
Annual accounts 201219 k €↑
2011
Annual accounts 2011-6,8 k €↑
2010
Annual accounts 2010-13,5 k €↓
2009
Annual accounts 200912,8 k €↑
2008
Annual accounts 2008-11 k €
2008
Name changeCSW Engineering Group
29/11/2007
IncorporationPublic 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

CSW Engineering Group

Overview

What does CSW Engineering Group 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