Financials
Financial year 2025
GARWIG from Houthulst, company number BE0417150280, closed financial year 2025 with a result of € 282,660 after tax. For that financial year GARWIG recorded revenue of € 20.2 million and equity of € 6.1 million. Compared with financial year 2024, the result moved from € 223,471 to € 282,660. 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 17, 2026.
€ 6.1 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 282,660
▲ 26% vs 2024
Profit after tax over the fiscal year.
€ 3 million
▲ 21% 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 € 5.8 million.
People and assets in 2025
12.3
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 7% vs 2024
€ 86,800 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.
€ 799,050
▼ 22% vs 2024
Of which on lease € 585,304.
Debts at end 2025
€ 886,101
▼ 14% vs 2024
€ 352,016 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 3.7 million
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 76 days on average.
€ 198,320
▼ 13% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 19,210,305 | € 21,138,982 | € 20,498,205 | € 20,241,161 | ▼ 1% |
| Profit after taxes | € 618,119 | € 650,287 | € 223,471 | € 282,660 | ▲ 26% |
| Equity | € 4,918,926 | € 5,569,213 | € 5,792,685 | € 6,075,345 | ▲ 5% |
| Total debts | € 5,346,977 | € 6,050,590 | € 5,392,511 | € 5,319,420 | ▼ 1% |
| Cash | € 1,520,150 | € 4,011,382 | € 2,478,429 | € 3,006,716 | ▲ 21% |
| Land & buildings | € 546,790 | € 519,924 | € 485,858 | € 444,371 | ▼ 9% |
| Retained profit | € 4,638,926 | € 5,289,213 | € 5,512,685 | € 5,795,345 | ▲ 5% |
| Bank debt | € 1,967,061 | € 1,767,133 | € 1,030,143 | € 886,101 | ▼ 14% |
| Balance sheet total | € 10,303,933 | € 12,397,329 | € 11,783,591 | € 11,698,699 | ▼ 1% |
| Employees (FTE) | 11.6 | 12.1 | 12.4 | 12.3 | ▼ 0.1 |
Key figures of GARWIG, 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 GARWIG?
What happened at GARWIG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 282,660 (▲ 26% vs 2024). Source: NBB ↗
- New establishment in Houthulst. KBO
- Start of the company according to the CBE. KBO
In short
From € 618,119 profit in 2022 to € 282,660 profit in 2025.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2023, with € 650,287 profit.
Pays suppliers within 76 days on average.
A new publication or filing at GARWIG? We notify you, reason included.
Follow GARWIGDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind GARWIG are Steven GARWIG and Xavier GARWIG. The same people are also behind GARWIG LOGISTICS. Xavier GARWIG is also behind GST RECYCLING.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Poelkapellestraat 18
8650 Houthulst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0417.150.280
- VAT number
- BE 0417.150.280
- Registered office
- Poelkapellestraat 18, 8650 Houthulst
- Names & denominations
- GARWIG
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 May 1977
- Peppol
- Active · Active since 15 Apr 2025
- Activities · NACE
Inzameling van ongevaarlijk afval
Verzamelen, storten en verwerken van huisvuil, industrieel afval, landbouwafval en bouw- en sloopafval
Andere afvalverwijdering
Overige verwerking en verwijdering van ongevaarlijk afval