CW TECHNIEK
InactiveInactive; last annual accounts for fiscal year 2025. Dissolved without liquidation on 17-12-2025.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-01-2026, 12 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
12 d early
2024
16 d early
2023
on the day
2022
27 d early
2021
3 d early
2020
3 d early
2019
7 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 8 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2025, abbreviated schema
Turnover
€2.2m
EBIT margin
11.9%
Net result
€35,756▼ 60.7%
2024 · €91,044
Working capital
€792,849▲ 20.5%
2024 · €657,763
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€440,093€591,802▲ 34.5%€173,612▼ 70.7%€165,343▼ 4.8%€87,183▼ 47.3%
Net result€412,828€559,087▲ 35.4%€127,711▼ 77.2%€91,044▼ 28.7%€35,756▼ 60.7%
EBIT margin
Equity€758,313▲ 13.9%€977,400▲ 28.9%€1.2m▲ 27.4%€1.3m▲ 7.3%€1.4m▲ 1.7%
Total assets€1.9m▲ 38.8%€2.0m▲ 6.6%€3.2m▲ 56.1%€2.8m▼ 10.8%€2.6m▼ 9.6%
Debt€1.1m▲ 64.7%€1.1m▼ 7.5%€1.9m▲ 83.6%€1.5m▼ 22.2%€1.2m▼ 19.5%
Working capital€548,187▲ 0.3%€356,570▼ 35.0%€682,073▲ 91.3%€657,763▼ 3.6%€792,849▲ 20.5%
Staff (FTE)13.8▲ 7.8%15.7▲ 13.8%25.5▲ 62.4%25.1▼ 1.6%25.9▲ 3.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 47% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.6m
Fixed assets
€677,777 ▼ 25.1%
Current assets
€1.9m ▼ 2.4%
Equity and liabilities €2.6m
Equity
€1.4m ▲ 1.7%
Debt
€1.2m ▼ 19.5%
Debt's share of the balance-sheet total falls from 53.1% to 47.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€366,760▼
2024 · €468,520
Cash flow
€315,333▼
2024 · €394,221
Current ratio
1.72▲
2024 · 1.51
Quick ratio
0.25▲
2024 · 0.10
Debt to equity
0.90▼
2024 · 1.13
ROE
2.6%▼
2024 · 6.8%
ROA
1.4%▼
2024 · 3.2%
Interest coverage
11.38▼
2024 · 11.96
Debt ≤ 1 year
€1.1m▼
2024 · €1.3m
Debt > 1 year
€106,104▼
2024 · €221,959
Income taxes
€24,868▼
2024 · €41,684
Staff costs
€1.6m▲
2024 · €1.5m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €883,581 | €1.5m | €1.5m | €1.6m | ▲ 5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €210,452 | €269,612 | €333,882 | €303,177 | €279,577 | ▼ 7.8% |
| Other operating charges640/8 | - | €22,615 | €13,393 | €10,179 | €12,555 | ▲ 23.3% |
| Gross operating margin9900 | €1.4m | €1.8m | €2.0m | €2.0m | €1.9m | ▼ 1.0% |
| Operating profit (loss)9901 | €440,093 | €591,802 | €173,612 | €165,343 | €87,183 | ▼ 47.3% |
| Financial income75/76B | - | €21,028 | €27,015 | €4,383 | €5,663 | ▲ 29.2% |
| Recurring financial income75 | €19,825 | €21,028 | €26,791 | €4,383 | €5,663 | ▲ 29.2% |
| Non-recurring financial income76B | - | - | €224 | €0 | - | - |
| Financial charges65/66B | - | €14,918 | €27,528 | €39,185 | €32,223 | ▼ 17.8% |
| Recurring financial charges65 | €14,144 | €14,918 | €27,528 | €39,185 | €32,223 | ▼ 17.8% |
| Profit (loss) for the period before taxes9903 | €445,774 | €597,912 | €173,099 | €130,541 | €60,624 | ▼ 53.6% |
| Transfer from deferred taxes780 | - | €6,516 | €5,445 | €2,187 | €0 | ▼ 100% |
| Income taxes67/77 | €39,546 | €45,340 | €50,833 | €41,684 | €24,868 | ▼ 40.3% |
| Profit (loss) for the period9904 | €412,828 | €559,087 | €127,711 | €91,044 | €35,756 | ▼ 60.7% |
| Transfer from tax-exempt reserves789 | - | €19,547 | €16,334 | €6,561 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €432,631 | €578,634 | €144,045 | €97,605 | €35,756 | ▼ 63.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.9m | €2.0m | €3.2m | €2.8m | €2.6m | ▼ 9.6% |
| Fixed assets21/28 | €673,398 | €934,863 | €1.1m | €904,727 | €677,777 | ▼ 25.1% |
| Intangible fixed assets21 | €3,178 | €1,589 | €31,705 | €21,389 | €24,374 | ▲ 14.0% |
| Tangible fixed assets22/27 | €667,528 | €930,582 | €1.0m | €880,766 | €653,403 | ▼ 25.8% |
| Plant, machinery and equipment23 | - | €617,428 | €668,249 | €576,818 | €415,152 | ▼ 28.0% |
| Furniture and vehicles24 | - | €1,504 | €3,405 | €8,611 | €6,152 | ▼ 28.6% |
| Leasing and similar rights25 | - | €172,125 | €205,169 | €151,297 | €108,937 | ▼ 28.0% |
| Other tangible fixed assets26 | - | €139,526 | €141,735 | €144,040 | €123,162 | ▼ 14.5% |
| Financial fixed assets28 | €2,691 | €2,691 | €2,987 | €2,572 | €0 | ▼ 100% |
| Current assets29/58 | €1.2m | €1.1m | €2.1m | €1.9m | €1.9m | ▼ 2.4% |
| Stocks and contracts in progress3 | €83,488 | €108,199 | €1.9m | €1.8m | €1.6m | ▼ 10.6% |
| Stocks30/36 | - | €108,199 | €1.9m | €1.5m | €1.5m | ▼ 0.6% |
| Contracts in progress37 | - | - | - | €265,822 | €84,170 | ▼ 68.3% |
| Amounts receivable within one year40/41 | €1.1m | €961,726 | €172,426 | €41,680 | €258,724 | ▲ 521% |
| Trade receivables40 | - | €12,792 | €148,586 | €23,364 | €40,744 | ▲ 74.4% |
| Other amounts receivable41 | - | €948,934 | €23,839 | €18,316 | €217,980 | ▲ 1,090% |
| Cash at bank and in hand54/58 | €49,275 | €39,430 | €114,479 | €80,302 | €783 | ▼ 99.0% |
| Deferred charges and accrued income490/1 | - | - | - | €9,472 | €17,454 | ▲ 84.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.9m | €2.0m | €3.2m | €2.8m | €2.6m | ▼ 9.6% |
| Equity10/15 | €758,313 | €977,400 | €1.2m | €1.3m | €1.4m | ▲ 1.7% |
| Contributions10/11 | €62,000 | €62,000 | €124,023 | €124,023 | €124,023 | = |
| Capital10 | - | €62,000 | €124,023 | €124,023 | €124,023 | = |
| Issued capital100 | - | €62,000 | €124,023 | €124,023 | €124,023 | = |
| Reserves13 | €696,313 | €915,400 | €1.1m | €1.2m | €1.2m | ▲ 1.8% |
| Non-distributable reserves130/1 | - | €6,200 | €12,402 | €12,402 | €12,402 | = |
| Legal reserve130 | - | €6,200 | €12,402 | €12,402 | €12,402 | = |
| Tax-exempt reserves132 | - | €60,394 | €44,061 | €37,500 | €37,500 | = |
| Distributable reserves133 | - | €848,806 | €1.1m | €1.2m | €1.2m | ▲ 1.9% |
| Profit (loss) carried forward14 | - | €0 | - | €0 | €0 | - |
| Provisions and deferred taxes16 | €14,147 | €7,632 | €2,187 | €0 | - | - |
| Deferred taxes168 | - | €7,632 | €2,187 | €0 | - | - |
| Amounts payable17/49 | €1.1m | €1.1m | €1.9m | €1.5m | €1.2m | ▼ 19.5% |
| Amounts payable after more than one year17 | €449,124 | €306,401 | €486,587 | €221,959 | €106,104 | ▼ 52.2% |
| Financial debts170/4 | - | €306,401 | €486,587 | €221,959 | €106,104 | ▼ 52.2% |
| Amounts payable within one year42/48 | €696,369 | €752,784 | €1.5m | €1.3m | €1.1m | ▼ 14.1% |
| Current portion of amounts payable after more than one year42 | - | €137,780 | €219,106 | €195,154 | €94,352 | ▼ 51.7% |
| Financial debts43 | - | €30,483 | €36,132 | €19,886 | €45,652 | ▲ 130% |
| Credit institutions430/8 | - | €30,483 | €36,132 | €19,886 | €45,652 | ▲ 130% |
| Trade debts44 | €124,611 | €139,525 | €697,656 | €383,080 | €655,444 | ▲ 71.1% |
| Suppliers440/4 | - | €139,525 | €697,656 | €383,080 | €655,444 | ▲ 71.1% |
| Taxes, remuneration and social security45 | - | €104,997 | €163,254 | €143,585 | €183,806 | ▲ 28.0% |
| Taxes450/3 | - | €5,176 | €9,271 | €7,985 | €7,391 | ▼ 7.4% |
| Remuneration and social security454/9 | - | €99,821 | €153,983 | €135,601 | €176,415 | ▲ 30.1% |
| Other amounts payable47/48 | - | €340,000 | €340,507 | €544,557 | €125,924 | ▼ 76.9% |
| Accrued charges and deferred income492/3 | - | - | €1,541 | €4,480 | €6,184 | ▲ 38.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €412,828 | €559,087 | €127,711 | €91,044 | €35,756 | ▼ 60.7% |
| + Depreciation and write-downs630 | €210,452 | €269,612 | €333,882 | €303,177 | €279,577 | ▼ 7.8% |
| Operating cash flow (approximation) | €623,280 | €828,700 | €461,593 | €394,221 | €315,333 | ▼ 20.0% |
| Investment in fixed assets (approximation) | - | -€531,077 | -€452,269 | -€154,655 | -€52,627 | ▲ 66.0% |
| Change in cash | - | -€9,845 | €75,049 | -€34,177 | -€79,519 | ▼ 133% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
09-01
State Gazette act
Restructuring · End & cessationPermanent representatives: VERBEKE Adriaan François Nicolas Marie and VERBEKE Jean-Erik Marie Catherine · Merger · Dissolution6 facts ▸
State Gazette act
Restructuring · End & cessation
Permanent representatives: VERBEKE Adriaan François Nicolas Marie and VERBEKE Jean-Erik Marie Catherine · Merger · Dissolution6 facts ▸
- General meeting, 17-12-2025
- Merger, absorption, 14-10-2025
- Dissolution, 17-12-2025
- Permanent representative, VERBEKE Adriaan François Nicolas Marie
- Permanent representative, VERBEKE Jean-Erik Marie Catherine
- Power of attorney, VGD Accountants en Belastingconsulenten
2025
15-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Equity above €1mEq €1.2m ▲27.4%
3 profitable years in a row build equity to €1.2m.
04-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Highest result since 2019net €559,087 ▲35.4%
Operating result €591,802, net result €559,087, both a record.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Back to profitnet €412,828
Net result €412,828 after one loss-making year.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet -€12,001
Net result drops to -€12,001, the lowest in the series.
07-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 7 days late
Show earlier events
2019
06-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 6 days late
2018
26-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 12 acts read
About the unread acts
Of the 12 Belgian State Gazette acts we know for this company, 1 has been read. The other 11 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Structure & network
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:CHOCOLATE WORLD
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 52,357 EUR awarded · 52,357 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 11,013 EUR | 11,013 EUR |
| 2024 | 2 | 11,580 EUR | 11,580 EUR |
| 2023 | 2 | 15,957 EUR | 15,957 EUR |
| 2022 | 1 | 13,807 EUR | 13,807 EUR |
Recognitions · licences · registrations
Dual-learning approval
3 endedMechanische vormgeving duaal (so)
Omsteller verspaning en monteerder-afregelaar duaal (so)
Productieoperator metaal (so)
Legal Entity Identifier
254900JY622NHHMNVW17