CIWR
Annual accounts 2025
micro format, filed on 25-04-2026, 97 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €160,000. Estimated: probably between €140,000 and €210,000.
Balance sheet
balance sheet total €357,865 on 31-12-2025in euro
in euro
Position in the sector
31.0%
Higher than 28% of 21,208 companies in 2025.
4.98
Higher than 75% of 20,571 companies in 2025.
9.3%
Higher than 34% of 20,746 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
357,865 | 168,416 | |
21/28 |
181,724 | 98,940 | |
22/27 |
181,724 | 98,940 | |
22 |
89,928 | - | |
23 |
16,256 | 11,562 | |
24 |
75,540 | 87,377 | |
29/58 |
176,140 | 69,477 | |
40/41 |
143,008 | 22,365 | |
40 |
15,923 | 17,214 | |
41 |
127,085 | 5,151 | |
54/58 |
29,255 | 44,955 | |
490/1 |
3,877 | 2,156 | |
| Balance sheet: equity and liabilities | |||
10/49 |
357,865 | 168,416 | |
10/15 |
110,803 | 77,526 | |
10/11 |
2,000 | 2,000 | |
13 |
108,803 | 75,526 | |
133 |
108,803 | 75,526 | |
17/49 |
247,062 | 90,891 | |
17 |
211,673 | 55,667 | |
170/4 |
211,673 | 55,667 | |
42/48 |
35,389 | 35,224 | |
42 |
26,994 | 17,659 | |
44 |
1,012 | 9,205 | |
440/4 |
1,012 | 9,205 | |
45 |
6,811 | 7,023 | |
450/3 |
6,811 | 4,829 | |
454/9 |
0 | 2,194 | |
47/48 |
571 | 1,337 | |
| Income statement | |||
9900 |
82,075 | 124,155 | |
630 |
36,645 | 24,210 | |
640/8 |
765 | 772 | |
9901 |
44,665 | 99,173 | |
75/76B |
0 | 43 | |
75 |
0 | 43 | |
65/66B |
2,655 | 3,842 | |
65 |
2,655 | 3,842 | |
9903 |
42,011 | 95,374 | |
67/77 |
8,734 | 19,849 | |
9904 |
33,277 | 75,526 | |
9905 |
33,277 | 75,526 | |
| Appropriation of the result | |||
9906 |
33,277 | 75,526 | |
691/2 |
33,277 | 75,526 | |
6921 |
33,277 | 75,526 | |
| Document | |||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 25-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 81,310 | 123,383 | ||
| 69,922 | 99,736 | ||
| 119,429 | 123,150 | ||
| -15,700 | - | ||
| 140,752 | 34,253 | ||
| 31.0% | 46.0% | ||
| 4.98 | 1.97 | ||
| 2.23 | 1.17 | ||
| 30.0% | 97.4% | ||
| 9.3% | 44.8% | ||
| 30.63 | 32.11 |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €119,429 | €123,150 |
| €36,645 | €24,210 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on CIWR
The operating result for 2025 is 55% lower than in 2024.
Debt's share of the balance-sheet total rises from 54.0% to 69.0%. Equity and debt are higher.