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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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
GEWAD from Damme, company number BE0437156333, closed financial year 2025 with a result of € 35,311 after tax. For that financial year GEWAD recorded a gross margin of € 80,642 and equity of € 253,460. Compared with financial year 2024, the result moved from € 12,930 to € 35,311. 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 30, 2026.
€ 253,460
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 35,311
▲ 173% vs 2024
Profit after tax over the fiscal year.
€ 9,056
▼ 91% 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 € 67,486.
People and assets in 2025
€ 1,210
▼ 33% 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.
€ 29,718
▲ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,339
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 | € 72,941 | € 42,408 | € 51,988 | € 80,642 | ▲ 55% |
| Profit after taxes | € -22,000 | € -2,701 | € 12,930 | € 35,311 | ▲ 173% |
| Equity | € 207,919 | € 205,219 | € 218,148 | € 253,460 | ▲ 16% |
| Total debts | € 210,476 | € 215,509 | € 204,588 | € 212,266 | ▲ 4% |
| Cash | € 59,889 | € 88,565 | € 100,372 | € 9,056 | ▼ 91% |
| Land & buildings | € 357,273 | € 330,804 | € 310,646 | € 443,690 | ▲ 43% |
| Retained profit | € 21,946 | € 19,245 | € 32,175 | € 67,486 | ▲ 110% |
| Balance sheet total | € 418,396 | € 420,728 | € 422,737 | € 465,726 | ▲ 10% |
Key figures of GEWAD, 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 GEWAD?
What happened at GEWAD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 35,311 (▲ 173% vs 2024). Source: NBB ↗
- New establishment in Damme. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,000 loss in 2022 to € 35,311 profit in 2025.
Paid € 1,339 in corporate taxes since 2022.
Best year ever: 2025, with € 35,311 profit.
Management
Behind GEWAD are Anje Dhondt, Bart Dhondt, Maria Vandenweght and Marc Dhnodt. Anje Dhondt is also behind ANJE DHONDT ARCHITECTEN.
Directors
According to the 2025 annual accounts
Bart Dhondt
Director
Maria Vandenweght
Director
Marc Dhnodt
Managing director
Establishments
Establishment units
Physical locations of this company
Damse Vaart West 5
8340 Damme
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
- 0437.156.333
- VAT number
- BE 0437.156.333
- Registered office
- Damse Vaart West 5, 8340 Damme
- Names & denominations
- GEWAD
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 1989
- Peppol
- Not registered