Warning lights
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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LRW from Antwerpen, company number BE0419484220, closed financial year 2025 with a result of € -180,591 after tax. For that financial year LRW recorded a gross margin of € 2.7 million and equity of € 6.5 million. Compared with financial year 2024, the result moved from € -1 million to € -180,591. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 6, 2026.
€ 6.5 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -180,591
▲ 82 % less loss than in 2024
Profit after tax over the fiscal year.
€ 242,229
▲ € 210,230 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 5.8 million.
People and assets in 2025
€ 1,477
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4.2 million
▼ 19% vs 2024
Of which on lease € 3.2 million.
Debts at end 2025
€ 9.7 million
▼ 10% vs 2024
€ 817,651 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 1.2 million
▲ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 220,182
▲ 70% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 959,091 | € 1,479,636 | € 1,353,403 | € 2,715,838 | ▲ 101% |
| Profit after taxes | € 9,476 | € -382,357 | € -1,026,269 | € -180,591 | ▲ € 845,678 |
| Equity | € 5,398,917 | € 7,176,673 | € 6,650,403 | € 6,469,812 | ▼ 3% |
| Total debts | € 11,676,250 | € 17,012,473 | € 12,843,349 | € 12,216,267 | ▼ 5% |
| Cash | € 305,972 | € 209,151 | € 31,998 | € 242,229 | ▲ € 210,230 |
| Land & buildings | € 5,998,199 | € 5,891,894 | € 5,535,022 | € 4,806,592 | ▼ 13% |
| Retained profit | € 5,336,417 | € 7,049,185 | € 6,022,916 | € 5,842,324 | ▼ 3% |
| Dividend | € 974,751 | € 3,438,350 | € 0 | € 0 | |
| Bank debt | € 9,710,145 | € 10,685,014 | € 10,719,197 | € 9,698,850 | ▼ 10% |
| Balance sheet total | € 18,529,183 | € 26,211,955 | € 21,285,751 | € 20,224,414 | ▼ 5% |
Key figures of LRW, 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 LRW?
What happened at LRW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Annick Seps stepped down as director. NBB
- Wilfried Dockx stepped down as director. NBB
- Jozef Dockx stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 180,591. filed late Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Annick Seps became a director. NBB
- Jozef Dockx became a director. NBB
- Wilfried Dockx became a director. NBB
In short
From € 9,476 profit in 2022 to € 180,591 loss in 2025.
Paid € 238,679 in corporate taxes since 2022.
Best year ever: 2022, with € 9,476 profit.
Paid out € 4.4 million in dividends to the owners in total.
Management
The stake of EMPORIA INVEST HOLDING & FINANCE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LRWThe shares are held by EMPORIA INVEST HOLDING & FINANCE (100%). It owns 50% of Markant itself.
Directors
According to the 2025 annual accounts
since 2022 · until 2031
since 2007 · until 2031
Jozef Dockx
Managing director
Also active at: TRANSLOGIC, DOCKX MOVERS, TRADILO, DOCKX RENTAL, EMPORIA INVEST HOLDING & FINANCE
since 2022 · until 2031
Shareholders
Participations
50%
Establishments
Establishment units
Physical locations of this company
Boomsesteenweg 400
2610 Antwerpen
Kustlaan 66 box 4
8300 Knokke-Heist
Active since 1 July 2024
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
- 0419.484.220
- VAT number
- BE 0419.484.220
- Registered office
- Boomsesteenweg 400, 2610 Antwerpen
- Names & denominations
- LRW
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 May 1979
- Peppol
- Active · Active since 15 May 2025
- Activities · NACE
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