What is the address of S.W.?

The registered office of S.W. is located at Burgemeester Vandenbogaerdelaan 39, 8870 Izegem.

Is S.W. still active?

Yes. According to the CBE (30 October 2026) S.W. is active, legal situation “Normale toestand”, started on 20 December 1989.

Is S.W. registered on Peppol?

Yes, S.W. is registered on the Peppol network with ID 0208:0439617361.

What is the enterprise number of S.W.?

The enterprise number of S.W. is BE0439617361.

When was S.W. founded?

S.W. was founded on 20 December 1989.

Who are the directors of S.W.?

According to the 2025 annual accounts, the directors of S.W. are: Wouter Jan Vangheluwe, Vangheluwe Nele, Steven Jozef Vangheluwe, Catharina Carmen Decoopman.

Is S.W. a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 December 1989; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did S.W. make in 2025?

S.W. recorded a loss after taxes of € 7,457 in financial year 2025.

What is the revenue of S.W.?

As a small company, S.W. is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,434.

S.W. (Public Limited) - Izegem - BE0439617361

Dossier S.W., printed on 30 October 2026 from databakkes.be/en/0439617361/s-w. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

S.W. from Izegem, company number BE0439617361, closed financial year 2025 with a result of € -7,457 after tax. For that financial year S.W. recorded a gross margin of € 1,434 and equity of € -26,453. Compared with financial year 2024, the result moved from € 4,618 to € -7,457. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.

What it is worth Caution

€ -26,453

▼ € 7,457 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -7,457

▼ still € 4,618 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1,962

▼ 9% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -100,821.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 12,685 Gross margin 2022: € 12,685 First fiscal year in the series	€ 6,180 Gross margin 2023: € 6,180 ▼ 51% vs 2022 (€ 12,685) Unfavourable step	€ 11,262 Gross margin 2024: € 11,262 ▲ 82% vs 2023 (€ 6,180) Favourable step	€ 1,434 Gross margin 2025: € 1,434 ▼ 87% vs 2024 (€ 11,262) Unfavourable step	▼ 87%
Profit after taxes	€ 2,836 Profit after taxes 2022: € 2,836 First fiscal year in the series	€ -4,429 Profit after taxes 2023: € -4,429 ▼ € 7,264 vs 2022 (€ 2,836) Unfavourable step	€ 4,618 Profit after taxes 2024: € 4,618 ▲ € 9,047 vs 2023 (€ -4,429) Favourable step	€ -7,457 Profit after taxes 2025: € -7,457 ▼ € 12,075 vs 2024 (€ 4,618) Unfavourable step	▼ € 12,075
Equity	€ -19,185 Equity 2022: € -19,185 First fiscal year in the series	€ -23,614 Equity 2023: € -23,614 ▼ € 4,429 vs 2022 (€ -19,185) Unfavourable step	€ -18,996 Equity 2024: € -18,996 ▲ € 4,618 vs 2023 (€ -23,614) Favourable step	€ -26,453 Equity 2025: € -26,453 ▼ € 7,457 vs 2024 (€ -18,996) Unfavourable step	▼ € 7,457
Total debts	€ 109,502 Total debts 2022: € 109,502 First fiscal year in the series	€ 105,185 Total debts 2023: € 105,185 ▼ 4% vs 2022 (€ 109,502) Favourable step	€ 99,402 Total debts 2024: € 99,402 ▼ 5% vs 2023 (€ 105,185) Favourable step	€ 131,742 Total debts 2025: € 131,742 ▲ 33% vs 2024 (€ 99,402) Unfavourable step	▲ 33%
Cash	€ 1,516 Cash 2022: € 1,516 First fiscal year in the series	€ 117 Cash 2023: € 117 ▼ 92% vs 2022 (€ 1,516) Unfavourable step	€ 2,157 Cash 2024: € 2,157 ▲ € 2,040 vs 2023 (€ 117) Favourable step	€ 1,962 Cash 2025: € 1,962 ▼ 9% vs 2024 (€ 2,157) Unfavourable step	▼ 9%
Land & buildings	€ 87,081 Land & buildings 2022: € 87,081 First fiscal year in the series	€ 79,733 Land & buildings 2023: € 79,733 ▼ 8% vs 2022 (€ 87,081) Unchanged	€ 76,528 Land & buildings 2024: € 76,528 ▼ 4% vs 2023 (€ 79,733) Unchanged	€ 103,328 Land & buildings 2025: € 103,328 ▲ 35% vs 2024 (€ 76,528) Unchanged	▲ 35%
Retained profit	€ -93,553 Retained profit 2022: € -93,553 First fiscal year in the series	€ -97,982 Retained profit 2023: € -97,982 ▼ € 4,429 vs 2022 (€ -93,553) Unfavourable step	€ -93,364 Retained profit 2024: € -93,364 ▲ € 4,618 vs 2023 (€ -97,982) Favourable step	€ -100,821 Retained profit 2025: € -100,821 ▼ € 7,457 vs 2024 (€ -93,364) Unfavourable step	▼ € 7,457
Balance sheet total	€ 90,317 Balance sheet total 2022: € 90,317 First fiscal year in the series	€ 81,571 Balance sheet total 2023: € 81,571 ▼ 10% vs 2022 (€ 90,317) Unchanged	€ 80,406 Balance sheet total 2024: € 80,406 ▼ 1% vs 2023 (€ 81,571) Unchanged	€ 105,289 Balance sheet total 2025: € 105,289 ▲ 31% vs 2024 (€ 80,406) Unchanged	▲ 31%

Key figures of S.W., 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 S.W.?

What happened at S.W. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Wouter Jan Vangheluwe stepped down as director. NBB
2029 Vangheluwe Nele stepped down as director. NBB
2029 Steven Jozef Vangheluwe stepped down as director. NBB
2029 Catharina Carmen Decoopman stepped down as director. NBB
Aug 25, 2026 New annual accounts for financial year 2025: loss of € 7,457 (▼ € 12,075 vs 2024). filed late Source: NBB ↗
2018 Wouter Jan Vangheluwe became a director. NBB
2018 Vangheluwe Nele became a director. NBB
2018 Steven Jozef Vangheluwe became a director. NBB

In short

From € 2,836 profit in 2022 to € 7,457 loss in 2025.

Best year ever: 2024, with € 4,618 profit.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Wouter Jan Vangheluwe

Director

since 2018 · until 2029

Vangheluwe Nele

Director

since 2018 · until 2029

Steven Jozef Vangheluwe

Director

since 2018 · until 2029

Catharina Carmen Decoopman

Managing director

since 2018 · until 2029

Establishments

Establishment units

Physical locations of this company

Registered office

Burgemeester Vandenbogaerdelaan 39

8870 Izegem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0439.617.361
VAT number: BE 0439.617.361
Registered office: Burgemeester Vandenbogaerdelaan 39, 8870 Izegem
Names & denominations: S.W.
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 20 December 1989
Peppol: Active · Active since 1 Jan 2001

View on CBE Public ↗ Annual accounts (NBB) ↗

S.W.

Warning lights

Financials

What happened to S.W.?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions