Financials
Financial year 2025
HWQ PROJECTS from Wielsbeke, company number BE0436490694, closed financial year 2025 with a result of € 35,311 after tax. For that financial year HWQ PROJECTS recorded a gross margin of € 83,526 and equity of € 727,452. Compared with financial year 2024, the result moved from € 89,625 to € 35,311. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 24, 2026.
€ 727,452
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 35,311
▼ 61% vs 2024
Profit after tax over the fiscal year.
€ 106,049
▼ 57% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 90,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 47,688
▲ 57% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 103,694
▼ 16% vs 2024
€ 20,063 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 22,432
▲ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,566
▼ 42% 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 | € 140,538 | € 106,480 | € 154,617 | € 83,526 | ▼ 46% |
| Profit after taxes | € 74,931 | € 57,318 | € 89,625 | € 35,311 | ▼ 61% |
| Equity | € 675,199 | € 732,516 | € 782,142 | € 727,452 | ▼ 7% |
| Total debts | € 227,600 | € 195,310 | € 177,225 | € 233,325 | ▲ 32% |
| Cash | € 106,617 | € 120,799 | € 246,545 | € 106,049 | ▼ 57% |
| Land & buildings | € 477,148 | € 470,299 | € 530,003 | € 520,249 | ▼ 2% |
| Retained profit | € 613,199 | € 670,516 | € 720,142 | € 665,452 | ▼ 8% |
| Dividend | € 0 | € 0 | € 40,000 | € 90,000 | ▲ 125% |
| Bank debt | € 179,635 | € 143,332 | € 123,595 | € 103,694 | ▼ 16% |
| Balance sheet total | € 907,757 | € 932,784 | € 964,325 | € 965,736 |
Key figures of HWQ PROJECTS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to HWQ PROJECTS?
What happened at HWQ PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Wim Vermeulen stepped down as director. NBB
- Hilde Debommarez stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 35,311 (▼ 61% vs 2024). Source: NBB ↗
- New establishment in Wielsbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 74,931 profit in 2022 to € 35,311 profit in 2025.
Paid € 124,853 in corporate taxes since 2022.
Best year ever: 2024, with € 89,625 profit.
Paid out € 130,000 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
· until 2030
Hilde Debommarez
Managing director
· until 2030
Establishments
Establishment units
Physical locations of this company
Wandellaan 43
8710 Wielsbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0436.490.694
- VAT number
- BE 0436.490.694
- Registered office
- Wandellaan 43, 8710 Wielsbeke
- Names & denominations
- HWQ PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 January 1989
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van holdings
Holdings
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