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GWGL

Active
Private limited companyfounded 2023active for 3 yearsElsenstraat 34, 2400 Mol, BelgiumKBO/BCE: BE 0802.653.620

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 09-06-2026 PDF all 2 filings

Equity
-€111▲ 42.7%
2024 · -€193
Net result
€8,583
2024 · -€1,193
Total assets
€124,327▼ 11.9%
2024 · €141,079
Solvency
-0.1%=
2024 · -0.1%
Trend over the years

2024 to 2025, 2 financial years

The operating result for 2025 is 8.8 times that of 2024.

Operating result€14,068 2025 Net result€8,583 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€1,592-€14,068▲ 783%
Net result-€1,193below the sector's middle half-€8,583within the sector's middle half
Equity-€193below the sector's middle half--€111below the sector's middle half▲ 42.7%
Total assets€141,079within the sector's middle half-€124,327within the sector's middle half▼ 11.9%
Debt€141,273-€124,438▼ 11.9%
Working capital-€25,482below the sector's middle half--€38,011below the sector's middle half▼ 49.2%
Solvency-0.1%below the sector's middle half--0.1%below the sector's middle half=
Current ratio0.51below the sector's middle half-0.35below the sector's middle half▼ 0.16
Return on assets (ROA)-0.8%below the sector's middle half-6.9%within the sector's middle half▲ 7.7pp
above within below The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €124,327
Fixed assets €103,615 ▼ 9.5%
Current assets €20,713 ▼ 22.0%
Equity and liabilities
Equity-€111
Debt€124,438
Equity is negative. Debt (€124,438) exceeds the balance-sheet total (€124,327).
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€58,724▲
2024 · €52,053
Debt > 1 year
€63,414▼
2024 · €87,117
Income taxes
€1,487▲
2024 · €268
The equity ratios are withheld because equity of -€111 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20242025
Tangible fixed assets€135,529€16,408
Intangible fixed assets€1,130-
Depreciation and write-downs of the year€22,151€27,302

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as GWGL: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €104,000 and €155,000, founded between 2022 and 2023.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
GWGL Mol2023€124,327-€111€43,454€8,5832025
DPS Consult Mol2022€140,920€119,023€49,744€36,5242025
Phyre Kasterlee2023€119,256€65,141€42,915€16,3932025
WILDEBEEST Kalmthout2023€123,098€100,720€47,036€33,8572025
Sophiro Schilde2023€139,638€95,922€41,096€32,0122025
KELK Stabroek2023€104,109€89,029€45,264€33,7932026
ME7 Consultancy Kasterlee2023€154,787€60,160€45,086€11,4882025

They were chosen from the 20,097 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines

Source: Annual accounts 2025 (PDF), filed on 09-06-2026.

Balance sheet Code20242025
Assets
Total assets20/58€141,079€124,327▼
Fixed assets21/28€114,509€103,615▼
Tangible fixed assets22/27€114,509€103,615▼
Land and buildings22-€15,430
Plant, machinery and equipment23€951€3,006▲
Furniture and vehicles24€113,557€85,178▼
Current assets29/58€26,571€20,713▼
Amounts receivable within one year40/41€19,300€2,360▼
Trade receivables40€19,300€2,360▼
Cash at bank and in hand54/58€5,831€17,163▲
Deferred charges and accrued income490/1€1,440€1,191▼
Equity and liabilities
Total equity and liabilities10/49€141,079€124,327▼
Equity10/15-€193-€111▲
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14-€1,193-€1,111▲
Amounts payable17/49€141,273€124,438▼
Amounts payable after more than one year17€87,117€63,414▼
Financial debts170/4€87,117€63,414▼
Amounts payable within one year42/48€52,053€58,724▲
Current portion of amounts payable after more than one year42€22,806€23,703▲
Trade debts44€4,466€3,158▼
Suppliers440/4€4,466€3,158▼
Taxes, remuneration and social security45€6,031€8,263▲
Taxes450/3€3,112€5,898▲
Remuneration and social security454/9€2,918€2,365▼
Other amounts payable47/48€18,750€23,600▲
Accrued charges and deferred income492/3€2,103€2,300▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,151€27,302▲
Other operating charges640/8€2,461€2,085▼
Gross operating margin9900€26,204€43,454▲
Operating profit (loss)9901€1,592€14,068▲
Financial income75/76B-€3
Recurring financial income75-€3
Financial charges65/66B€2,518€4,001▲
Recurring financial charges65€2,518€4,001▲
Profit (loss) for the period before taxes9903-€925€10,070▲
Income taxes67/77€268€1,487▲
Profit (loss) for the period9904-€1,193€8,583▲
Profit (loss) for the period to be appropriated9905-€1,193€8,583▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1,193€7,389▲
Profit (loss) brought forward from the previous period14P--€1,193
Profit to be distributed694/7-€8,500
Directors or managers695-€8,500

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,151€27,302▲ 23.3%
Other operating charges640/8€2,461€2,085▼ 15.3%
Gross operating margin9900€26,204€43,454▲ 65.8%
Operating profit (loss)9901€1,592€14,068▲ 783%
Financial income75/76B-€3-
Recurring financial income75-€3-
Financial charges65/66B€2,518€4,001▲ 58.9%
Recurring financial charges65€2,518€4,001▲ 58.9%
Profit (loss) for the period before taxes9903-€925€10,070-
Income taxes67/77€268€1,487▲ 455%
Profit (loss) for the period9904-€1,193€8,583-
Profit (loss) for the period to be appropriated9905-€1,193€8,583-
Line20242025Change
Assets
Total assets20/58€141,079€124,327▼ 11.9%
Fixed assets21/28€114,509€103,615▼ 9.5%
Tangible fixed assets22/27€114,509€103,615▼ 9.5%
Land and buildings22-€15,430-
Plant, machinery and equipment23€951€3,006▲ 216%
Furniture and vehicles24€113,557€85,178▼ 25.0%
Current assets29/58€26,571€20,713▼ 22.0%
Amounts receivable within one year40/41€19,300€2,360▼ 87.8%
Trade receivables40€19,300€2,360▼ 87.8%
Cash at bank and in hand54/58€5,831€17,163▲ 194%
Deferred charges and accrued income490/1€1,440€1,191▼ 17.3%
Equity and liabilities
Total equity and liabilities10/49€141,079€124,327▼ 11.9%
Equity10/15-€193-€111▲ 42.7%
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14-€1,193-€1,111▲ 6.9%
Amounts payable17/49€141,273€124,438▼ 11.9%
Amounts payable after more than one year17€87,117€63,414▼ 27.2%
Financial debts170/4€87,117€63,414▼ 27.2%
Amounts payable within one year42/48€52,053€58,724▲ 12.8%
Current portion of amounts payable after more than one year42€22,806€23,703▲ 3.9%
Trade debts44€4,466€3,158▼ 29.3%
Suppliers440/4€4,466€3,158▼ 29.3%
Taxes, remuneration and social security45€6,031€8,263▲ 37.0%
Taxes450/3€3,112€5,898▲ 89.5%
Remuneration and social security454/9€2,918€2,365▼ 19.0%
Other amounts payable47/48€18,750€23,600▲ 25.9%
Accrued charges and deferred income492/3€2,103€2,300▲ 9.3%
Line20242025Change
Profit (loss) for the period9904-€1,193€8,583-
+ Depreciation and write-downs630€22,151€27,302▲ 23.3%
Operating cash flow (approximation)€20,957€35,884▲ 71.2%
Investment in fixed assets (approximation)--€16,408-
Change in cash-€11,332-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 09-06-2026 2026-00145954 PDF
31-12-2024 micro format 28-08-2025 2025-00418645 PDF

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