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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Yokohama TWS Belgium from Evergem, company number BE0402981847, closed financial year 2025 with a result of € 4.9 million after tax. For that financial year Yokohama TWS Belgium recorded revenue of € 80.5 million and equity of € 26.1 million. Compared with financial year 2024, the result moved from € 2.7 million to € 4.9 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 26.1 million
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.9 million
▲ 82% vs 2024
Profit after tax over the fiscal year.
€ 2.4 million
▲ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 19 million.
People and assets in 2025
49.8
▲ 2.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.9 million
▲ 15% vs 2024
€ 97,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 508,165
▼ 93% vs 2024
€ 116,681 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 7.5 million
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 39 days on average.
€ 3 million
▲ 213% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 94,229,776 | € 86,881,924 | € 82,694,227 | € 80,511,213 | ▼ 3% |
| Profit after taxes | € 1,370,330 | € -155,467 | € 2,703,316 | € 4,915,500 | ▲ 82% |
| Equity | € 18,671,424 | € 18,515,956 | € 21,219,272 | € 26,134,772 | ▲ 23% |
| Total debts | € 20,089,309 | € 18,698,519 | € 16,559,698 | € 11,097,407 | ▼ 33% |
| Cash | € 830,658 | € 2,707,714 | € 1,755,859 | € 2,368,395 | ▲ 35% |
| Retained profit | € 11,521,424 | € 11,365,956 | € 14,069,272 | € 18,984,772 | ▲ 35% |
| Bank debt | € 5,206,119 | € 7,204,508 | € 7,710,188 | € 508,165 | ▼ 93% |
| Balance sheet total | € 40,355,929 | € 37,656,609 | € 38,196,880 | € 37,638,991 | ▼ 1% |
| Employees (FTE) | 53.3 | 50.4 | 47.4 | 49.8 | ▲ 2.4 |
Key figures of Yokohama TWS Belgium, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Yokohama TWS Belgium?
What happened at Yokohama TWS Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Brigitte Borgelioen stepped down as director. NBB
- Marino Salvatore stepped down as director. NBB
- Elio Bartoli stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4.9 million (▲ 82% vs 2024). filed late Source: NBB ↗
- Brigitte Borgelioen became a director. NBB
- Marino Salvatore became a director. NBB
- Elio Bartoli became a director. NBB
- New establishment in Evergem. KBO
In short
From € 1.4 million profit in 2022 to € 4.9 million profit in 2025.
Paid € 3.1 million in corporate taxes since 2022.
Best year ever: 2025, with € 4.9 million profit.
Pays suppliers within 39 days on average.
Management
The shares are held by Yokohama TWS Holding AB (100%).
Directors
According to the 2025 annual accounts
Elio Bartoli
Chairman of the board
since 2022 · until 2027
Marino Salvatore
Director
since 2023 · until 2029
Brigitte Borgelioen
Managing director
since 2025 · until 2030
Shareholders
Yokohama TWS Holding AB
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brugse Steenweg 7
9940 Evergem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →THIRY GENT
€ 2.9 million gross margin · 2025
Fiskaal en Juridisch Studiebureau - Bureau d'Etudes Fiscales et Juridiques
€ -11,990 gross margin · 2025
DAM-ART-CO
€ 5,670 gross margin · 2025
BELGIAN INTERNATIONAL REPRESENTATIVE OFFICE
€ 433 gross margin · 2025
LBK Accountancy
€ 35,891 gross margin · 2025
+8 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.981.847
- VAT number
- BE 0402.981.847
- Registered office
- Brugse Steenweg 7, 9940 Evergem
- Names & denominations
- Yokohama TWS Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 21 May 2025
- Activities · NACE
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