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BW CONSTRUCTION

Active Private limited companyfounded 2000active for 26 yearsRue de la Chatqueue 243, 4100 SeraingKBO/BCE: BE 0472.655.264
BW CONSTRUCTION
Financial year 2025
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Annual accounts 2025

micro format, filed on 31-07-2026, on the day of the deadline
€6,681
▲ 127%
€1,925
▼ 24.9%
€2,209
€1,467
52.0%
▲ 6.5 percentage points
1.81
▼ 0.03

Balance sheet

balance sheet total €34,669 on 31-12-2025
What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

52.0%

Higher than 56% of 35,136 companies in 2025.

1.81

Higher than 50% of 34,510 companies in 2025.

3.4%

Higher than 38% of 34,711 companies in 2025.

BW CONSTRUCTION Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half

Staff

€4,274

Staff costs divided by the average number of full-time equivalents.

+1 person

people who joined people who left

In 2025, 1 person joined and nobody left. Training hours in 2025: 688.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 34,66937,04154,09062,98666,41058,94552,57840,77172,56457,12643,92633,57015,46921,01114,48610,83611,04312,06317,14516,024
21/28 4,592-1302484,4198,10812,49818,7039,02616,24516,9668,9557,97311,4472,2933,3342,4922,3674,44911,396
22/27 4,592-1302484,4198,10812,49818,7039,02616,24516,9668,9557,97311,4472,2933,3342,4922,3674,44911,396
23 4,592-1302484,4198,10812,49817,8813,5615,0283,4094,1167131,7672,2933,3342,4927071,1271,332
24 --000008225,46511,21713,5574,8407,2609,680---1,6613,32210,064
29/58 30,07737,04153,96062,73861,99150,83740,08022,06863,53740,88126,96024,6157,4979,56412,1937,5028,5519,69612,6974,628
3 -------0760------10----
30/36 -------0760------10----
40/41 19,849419714193991,0481,1331,62525,5472,1383,97318,5411,9627818085971,0041,244191,304
40 11,531--00077392522,9743313,21314,8620773---401--
41 8,317419714193991,0483607002,5731,8067603,6791,96288085971,004843191,304
50/53 -37,000---------------2,0152,015972
54/58 10,129-52,03461,35359,95648,84537,35316,27535,63037,75921,4135,1184,3907,45011,3856,4757,5476,43310,6552,301
490/1 99-9559661,6369441,5954,1681,6009841,5749561,1451,334-420-4752
Balance sheet: equity and liabilities
10/49 34,66937,04154,09062,98666,41058,94552,57840,77172,56457,12643,92633,57015,46921,01114,48610,83611,04312,06317,14516,024
10/15 18,03216,84925,01450,41957,37143,76947,29638,21655,83833,70321,88524,8326,8799,05612,0339,2898,7219,3598,0908,068
10/11 6,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,1976,197
100 ------18,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,592
101 ------12,39512,39512,39512,39512,39512,39512,39512,39512,39512,39512,39512,39512,39512,395
13 5,0925,09215,09237,09243,09237,09249,36149,36149,36127,36121,36122,5314,8475,4323,0923,0921,8601,8601,8601,860
130/1 3,8603,86013,86035,86041,86035,86037,00037,00037,00015,0009,0009,000--------
130 ------1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 3,8603,86013,86035,86041,86035,860--------------
1319 ------37,00037,00037,00015,0009,0009,000--------
132 -----09,2699,2699,2699,2699,26910,4391,7552,340------
133 1,2321,2321,2321,2321,2321,2321,2321,2321,2321,2321,2321,2321,2321,2321,2321,232----
14 6,7435,5603,7247,1308,081480-8,262-17,342280145-5,673-3,896-4,165-2,5732,744-6641,3013211
16 ----------06039041,205------
168 ----------06039041,205------
17/49 16,63720,19229,07612,5679,04015,1765,2822,55516,72523,42322,0418,1357,68610,7492,4531,5472,3222,7049,0567,956
17 -------02,4388,28614,1351,2513,7526,253------
170/4 -------02,4388,28614,1351,2513,7526,253------
42/48 16,63720,19229,07612,5679,04015,1765,2822,55514,28815,1387,9066,8853,9344,4962,4501,5472,3221,7938,4467,952
42 ------02,4375,8485,8495,8492,5012,5012,502-----2,615
44 12,923418-28480922,027911,8034,6169878021,3876761605542837993296
440/4 12,923418-28480922,027911,8034,6169878021,3876761605542837993296
45 2,8062,800301,4242,0843,25426,6374,6739943,5814582091449-21556230
450/3 2,8062,800301,4242,0841,25426,1923,7829943,5814582091449-21556230
454/9 -----02,0000445891----------
47/48 90816,97429,07412,2827,53613,0000250077004981,3769442,2941,1996,9515,211
492/3 --------0----03--9116104
Income statement
70 ----00-0------------
76A ----------0--4,432-----96
9900 6,6812,939-3,0063,49422,44312,21915,685-6,54578,27361,95423,87425,749184-2,5165,2641,8932,3794,1643,2134,624
60/61 ----00-0------------
62 4,274----0-10035,16834,24414,396---------
630 284-1174,1714,1584,3906,20510,5939,31711,54311,3465,5253,4743,4731,0411,1412,6332,0812,3313,977
640/8 198376241236231230229147227226421227112117598193465638789729
66A ----------7840-0------
9901 1,9252,563-3,364-91318,0547,6009,250-17,38533,56215,941-2,28819,997-3,402-6,1073,625559-7191,44592-82
75/76B 021-0006549162041751,15182253784886726
75 021-0006549162041751,15182253784886726
65/66B 392424238294317125328442368122222719836281752168271
65 392424238294317125328442368122222719836281752168271
9903 1,5332,523-3,405-95118,0257,5579,080-17,57333,32715,535-3,55019,951-2,478-1,7903,614568-6521,481-9-232
67/77 3506870-4,4242,08404911,1923,71702,2990-19870--15212-30-40
9904 1,1831,835-3,406-95113,6025,4739,080-17,62222,13511,818-2,94817,953-2,177-2,9762,744568-6371,26921-192
789 ---0-9,269----1,170585585585------
689 -----------9,269-2,925------
9905 1,1831,835-3,406-95113,60214,7429,080-17,62222,13511,818-1,7779,269-1,592-5,3172,744568-6371,26921-192
Appropriation of the result
9906 6,7435,5603,7247,13014,0816,480-8,262-17,34222,2806,145-5,6735,104-4,165-2,5732,7441,2326641,3013211
14P 5,5603,7247,1308,081480---------------
791/2 -10,00022,0006,000-9,000--------------
691/2 ----6,0006,000--22,0006,000-9,000---1,232----
6921 ----6,0006,000--22,0006,000-9,000---1,232----
694/7 -10,00022,0006,000-9,000--------------
694 -10,00022,0006,000-9,000--------------
Social balance sheet
9087 1-------0.810.8---------
Hours worked1013 688-------9761,1851,440---------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 5 older financial years (2001-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 31-07-2026 2026-00384080 PDF
31-12-2024 micro format 30-07-2025 2025-00335578 PDF
31-12-2023 micro format 29-08-2024 2024-00397012 PDF
31-12-2022 micro format 31-05-2023 2023-00105042 PDF
31-12-2021 micro format 16-06-2022 2022-20071638 PDF
31-12-2020 micro format 28-06-2021 2021-26200447 PDF
31-12-2019 micro format 19-06-2020 2020-19700235 PDF
31-12-2018 micro format 19-07-2019 2019-36000351 PDF
31-12-2017 micro format 19-07-2018 2018-35800259 PDF
31-12-2016 micro format 19-08-2017 2017-45300327 PDF
31-12-2015 full format 07-07-2016 2016-29200077 PDF
31-12-2014 full format 28-07-2015 2015-35800345 PDF
31-12-2013 full format 28-07-2014 2014-35600548 PDF
31-12-2012 full format 27-08-2013 2013-50900493 PDF
31-12-2011 full format 30-10-2012 2012-62900494 PDF
31-12-2010 full format 22-08-2011 2011-41400281 PDF
31-12-2009 full format 26-08-2010 2010-44500051 PDF
31-12-2008 full format 26-08-2009 2009-68000161 PDF
31-12-2007 full format 24-07-2008 2008-46000293 PDF
31-12-2006 full format 05-07-2007 2007-36100346 PDF
31-12-2005 full format 25-07-2006 2006-53005215 PDF
31-12-2004 full format 29-07-2005 2005-61404570 PDF
31-12-2003 full format 30-07-2004 2004-56804668 PDF
31-12-2002 full format 31-10-2003 2003-77501103 PDF
31-12-2001 full format 23-01-2003 2003-01800264 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
2,209--3,2473,25822,21211,98915,455-6,79142,87927,4849,05725,52272-2,6334,6661,7001,9143,5262,4243,895
1,467--3,2883,22017,7609,86215,285-7,02931,45223,3618,39823,4781,2974973,7851,7091,9963,3512,3533,785
4,876-004690020,2702,09810,82224,1966,508012,62701,9832,7580466497
---9,3191,39611,11211,49221,078-19,355-2,12916,34716,295728-3,060-3,9364,910-1,0721,115-4,2238,355-
13,44016,84924,88350,17252,95235,66134,79819,51349,25025,74319,05317,7303,5625,0689,7435,9556,2297,9024,251-3,323
52.0%45.5%46.2%80.0%86.4%74.3%90.0%93.7%77.0%59.0%49.8%74.0%44.5%43.1%83.1%85.7%79.0%77.6%47.2%50.4%
1.811.831.864.996.863.357.598.644.452.703.413.581.912.134.984.853.685.411.500.58
1.811.831.864.996.863.357.598.644.392.703.413.581.912.134.984.843.685.411.500.58
0.921.201.160.250.160.350.110.070.300.691.010.331.121.190.200.170.270.291.120.99
6.6%10.9%-13.6%-1.9%23.7%12.5%19.2%-46.1%39.6%35.1%-13.5%72.3%-31.6%-32.9%22.8%6.1%-7.3%13.6%0.3%-2.4%
3.4%5.0%-6.3%-1.5%20.5%9.3%17.3%-43.2%30.5%20.7%-6.7%53.5%-14.1%-14.2%18.9%5.2%-5.8%10.5%0.1%-1.2%
5.63--77.2984.85over 100---------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-2025
Employees at the balance-sheet date1
full-time1
in full-time equivalents1
1
Joined1
Left0
Training hours688

Source: social balance sheet in the 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€4,876---€469
€284-€117€4,171€4,158

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on BW CONSTRUCTION

The operating result for 2025 is 25% lower than in 2024.

Debt's share of the balance-sheet total falls from 54.5% to 48.0%. Equity is higher and debt is lower.

Next steps

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