ACTIVE

BWB

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Financial year 2025 · closed on 31/12/2025

Net result

-107,6 k €

-604.6% YoY

Gross margin

-101,2 k €

-153.9% YoY

Equity

28,4 k €

-79.1% YoY

Workforce

2,0 ETP

-45.9% YoY

What does BWB do?

BWB is a Private company with limited liability incorporated in 2008. Its registered office is in Dessel. It employs on average 2,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0897.867.731

Incorporation

06/05/2008

Legal form

Private company with limited liability

Registered office

Zanddijk 17
2480 Dessel · FlandreSee on map

Contributed capital

18 900,00 €

Latest accounts

31/12/2025

Average workforce

2,0 ETP

Joint committees (2)

Signals

Healthy social debts

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ 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	-101,2 k €	-154%	187,9 k €	-43.9%	334,8 k €	+1.2%	330,9 k €	-16.0%	393,8 k €	-39.0%	646 k €	+1.0%	639,6 k €	+46.2%	437,4 k €	-0.0%	437,5 k €	+16.3%	376,1 k €	+2.5%	366,8 k €	+20.1%	305,3 k €	+8.2%	282,3 k €	+1.0%	279,5 k €	+20.6%	231,8 k €	+168%	86,5 k €	+20.5%	71,7 k €	+2882%	2,4 k €
EBITDA	-104,8 k €	-511%	25,5 k €	+256%	-16,3 k €	+86.4%	-119,7 k €	-181%	-42,6 k €	-119%	220,7 k €	-2.1%	225,4 k €	+594%	32,5 k €	+11.3%	29,2 k €	-14.3%	34 k €	+84.1%	18,5 k €	-64.1%	51,5 k €	+23.4%	41,7 k €	+44.3%	28,9 k €	+37.0%	21,1 k €	+56.8%	13,4 k €	-26.0%	18,2 k €	+790%	2 k €
Operating result	-107,5 k €	-600%	21,5 k €	+204%	-20,6 k €	+83.9%	-127,9 k €	-90.2%	-67,3 k €	-134%	196,2 k €	-2.6%	201,4 k €	+3655%	5,4 k €	-6.8%	5,8 k €	-71.7%	20,3 k €	+459%	3,6 k €	-90.3%	37,4 k €	+60.7%	23,3 k €	+189%	8,1 k €	+88.9%	4,3 k €	+30.1%	3,3 k €	-53.7%	7,1 k €	+360%	1,5 k €
Net result	-107,6 k €	-605%	21,3 k €	+194%	-22,6 k €	+87.2%	-177,5 k €	-164%	-67,2 k €	-154%	125,1 k €	-5.8%	132,9 k €	+4138%	3,1 k €	-4.3%	3,3 k €	-75.0%	13,1 k €	+418%	2,5 k €	-89.4%	23,9 k €	+86.4%	12,8 k €	+409%	2,5 k €	+214%	804,2 €	-24.7%	1,1 k €	-76.5%	4,5 k €	+331%	1,1 k €
Balance sheet
Equity	28,4 k €	-79.1%	136 k €	+18.6%	114,7 k €	-16.5%	137,3 k €	-56.4%	314,8 k €	-8.9%	345,7 k €	+56.7%	220,6 k €	+151%	87,7 k €	+3.7%	84,6 k €	+23.1%	68,7 k €	+23.6%	55,6 k €	+4.8%	53,1 k €	+82.1%	29,1 k €	+78.8%	16,3 k €	+18.3%	13,8 k €	+6.2%	13 k €	+9.0%	11,9 k €	+61.8%	7,4 k €
Total assets	179,9 k €	-14.7%	211 k €	-30.0%	301,4 k €	-25.2%	403 k €	-16.7%	483,7 k €	-15.2%	570 k €	+14.8%	496,5 k €	+84.1%	269,7 k €	+10.0%	245,2 k €	+53.2%	160 k €	-14.7%	187,6 k €	+33.9%	140,1 k €	+3.8%	134,9 k €	-5.6%	143 k €	+38.4%	103,3 k €	+55.9%	66,3 k €	+75.3%	37,8 k €	+139%	15,8 k €
Cash	90,7 k €	+3.6%	87,5 k €	+49.6%	58,5 k €	+29.0%	45,4 k €	-5.6%	48 k €	-89.6%	461,4 k €	+176%	167,3 k €	+536%	26,3 k €	-78.6%	123,1 k €	+1029%	10,9 k €	-23.9%	14,3 k €	+526%	2,3 k €	-45.5%	4,2 k €	+122%	1,9 k €	-81.3%	10,1 k €	+132%	4,4 k €	-56.1%	9,9 k €	+189%	3,4 k €
Debts	151,5 k €	+102%	75 k €	-59.8%	186,7 k €	-29.7%	265,6 k €	+57.3%	168,9 k €	-24.7%	224,3 k €	-18.7%	275,9 k €	+51.6%	182 k €	+13.3%	160,6 k €	+75.9%	91,3 k €	-14.2%	106,4 k €	+33.8%	79,6 k €	+14.2%	69,7 k €	-45.0%	126,7 k €	+61.6%	78,4 k €	+64.3%	47,7 k €	+113%	22,4 k €	+165%	8,5 k €
Other
Workforce	2,0 ETP	-45.9%	3,7 ETP	-43.9%	6,6 ETP	-23.3%	8,6 ETP	-4.4%	9,0 ETP	-6.2%	9,6 ETP	+10.3%	8,7 ETP	-1.1%	8,8 ETP	+1.1%	8,7 ETP	+7.4%	8,1 ETP	+8.0%	7,5 ETP	+50.0%	5,0 ETP	-23.1%	6,5 ETP	-7.1%	7,0 ETP	+16.7%	6,0 ETP	+161%	2,3 ETP	+27.8%	1,8 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 · 5 ended

Active mandates

Koen Verwaest

Director · since 06 mai 2008

Active

Ended mandates

Alfred Maris

Manager

Ended

David Houben

Manager

Ended

Koen Verwaest

Director

Ended

Koen Verwaest

Administrator - manager

Ended

At this address

Other companies at this address

Company	CBE no.
4 E Concept● Active	0821.922.570
AWB WONINGBOUW● Active	0888.141.007

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	03/07/2026	23/07/2025	18/07/2024	28/07/2023	28/07/2022	30/07/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021
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
Abridged model	31/12/2025	30/06/2026	03/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	23/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	18/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	28/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	28/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	17/06/2020	28/07/2020	Dutch	PDF
Abridged model	31/12/2018	19/06/2019	29/07/2019	Dutch	PDF
Abridged model	31/12/2017	20/06/2018	31/07/2018	Dutch	PDF
Abridged model	31/12/2016	21/06/2017	06/07/2017	Dutch	PDF
Abridged model	31/12/2015	15/06/2016	15/07/2016	Dutch	PDF
Abridged model	31/12/2014	17/06/2015	14/08/2015	Dutch	PDF
Abridged model	31/12/2013	18/06/2014	25/08/2014	Dutch	PDF
Abridged model	31/12/2012	19/06/2013	27/08/2013	Dutch	PDF
Abridged model	31/12/2011	20/06/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	15/06/2011	21/08/2011	Dutch	PDF
Abridged model	31/12/2009	16/06/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	17/06/2009	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 · 5 ended

Active mandates

Koen Verwaest

Director · since 06 mai 2008

Active

Ended mandates

Alfred Maris

Manager

Ended

David Houben

Manager

Ended

Koen Verwaest

Director

Ended

Koen Verwaest

Administrator - manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/06/2012
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/12/2009
ONTSLAGEN - BENOEMINGEN
PDF
Other21/05/2008
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 2025-107,6 k €↓
2024
Annual accounts 202421,3 k €↑
2023
Annual accounts 2023-22,6 k €↑
2022
Annual accounts 2022-177,5 k €↓
2021
Annual accounts 2021-67,2 k €↓
2020
Annual accounts 2020125,1 k €↓
2019
Annual accounts 2019132,9 k €↑
2018
Annual accounts 20183,1 k €↓
2017
Annual accounts 20173,3 k €↓
2016
Annual accounts 201613,1 k €↑
2015
Annual accounts 20152,5 k €↓
2014
Annual accounts 201423,9 k €↑
2013
Annual accounts 201312,8 k €↑
2012
Annual accounts 20122,5 k €↑
2011
Annual accounts 2011804,2 €↓
2010
Annual accounts 20101,1 k €↓
2009
Annual accounts 20094,5 k €↑
2008
Annual accounts 20081,1 k €
06/05/2008
IncorporationPrivate company with limited liability

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

BWB

Overview

What does BWB 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