Financials
Financial year 2025
CEWE Belgium NV from Mechelen, company number BE0415210280, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year CEWE Belgium NV recorded revenue of € 17.4 million and equity of € 6.8 million. Compared with financial year 2024, the result moved from € 824,005 to € 1.2 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 July 13, 2026.
€ 6.8 million
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▲ 42% vs 2024
Profit after tax over the fiscal year.
€ 300,232
▼ 10% 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 € 6.7 million.
People and assets in 2025
12.9
▼ 2.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 987,212
▼ 5% vs 2024
€ 76,500 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.
€ 39,846
▲ 83% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3.7 million
▲ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 92 days on average.
€ 419,555
▼ 42% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 13,228,787 | € 13,909,876 | € 15,326,076 | € 17,424,053 | ▲ 14% |
| Profit after taxes | € 368,012 | € 573,111 | € 824,005 | € 1,169,098 | ▲ 42% |
| Equity | € 4,212,035 | € 4,785,147 | € 5,609,152 | € 6,778,250 | ▲ 21% |
| Total debts | € 3,162,104 | € 4,011,589 | € 3,106,603 | € 4,108,414 | ▲ 32% |
| Cash | € 703,279 | € 565,316 | € 334,245 | € 300,232 | ▼ 10% |
| Retained profit | € 4,150,035 | € 4,723,147 | € 5,547,152 | € 6,716,250 | ▲ 21% |
| Balance sheet total | € 7,374,140 | € 8,796,735 | € 8,715,755 | € 10,886,664 | ▲ 25% |
| Employees (FTE) | 11 | 13.7 | 15.1 | 12.9 | ▼ 2.2 |
Key figures of CEWE Belgium NV, 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 CEWE Belgium NV?
What happened at CEWE Belgium NV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Johannes Onderwater stepped down as director. NBB
- Baudewijn Verschueren stepped down as director. NBB
- Patrick Berkhouwer stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.2 million (▲ 42% vs 2024). Source: NBB ↗
- Johannes Onderwater became a director. NBB
- Baudewijn Verschueren became a director. NBB
- Patrick Berkhouwer became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 368,012 profit in 2022 to € 1.2 million profit in 2025.
Paid € 1 million in corporate taxes since 2022.
Best year ever: 2025, with € 1.2 million profit.
Pays suppliers within 92 days on average.
Management
The shares are held by Cewe Group International (99.9%) and Cewe Stiftung & Co (0.1%).
Directors
According to the 2025 annual accounts
Baudewijn Verschueren
Director
since 2023 · until 2029
Patrick Berkhouwer
Managing director
since 2023 · until 2029
Johannes Onderwater
Director
since 2024 · until 2030
Shareholders
Cewe Group International
99.9%
Cewe Stiftung & Co
0.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Generaal De Wittelaan 9 box 9
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →VEDEFAR
€ 510,921 gross margin · 2025
STREET ONE RETAIL BELGIUM
Target Engineering Recruitment
€ -9,639 gross margin · 2025
HAMMER DISTRIBUTION BE
€ 674,097 gross margin · 2025
VIRTEO
+4 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
- 0415.210.280
- VAT number
- BE 0415.210.280
- Registered office
- Generaal De Wittelaan 9 bus 9, 2800 Mechelen
- Names & denominations
- CEWE Belgium NV
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 September 1975
- Peppol
- Active · Active since 1 Jul 2026
- Activities · NACE
Overige fotografische activiteiten
Fotolaboratoria
Overige niet-gespecialiseerde detailhandel
Detailhandel via postorderbedrijven of via internet