Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DERWAEL from Tongeren-Borgloon, company number BE0442751550, closed financial year 2025 with a result of € -328,861 after tax. For that financial year DERWAEL recorded a gross margin of € 792,278 and equity of € 9 million. Compared with financial year 2024, the result moved from € -33,479 to € -328,861. The company made a loss. 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 July 17, 2026.
€ 9 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -328,861
▼ 882 % more loss than in 2024
Profit after tax over the fiscal year.
€ 29,115
▼ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3.4 million.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 64,555
▲ 2% vs 2024
€ 64,600 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.
€ 363
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.7 million
▲ 20% vs 2024
€ 82,072 is repaid this year. At this pace the long-term loan is gone in ≈ 36 years.
€ 113,167
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 133,751
▲ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 448,695 | € 883,927 | € 858,714 | € 792,278 | ▼ 8% |
| Profit after taxes | € -109,406 | € 130,556 | € -33,479 | € -328,861 | ▼ € 295,382 |
| Equity | € 9,162,033 | € 9,292,588 | € 9,259,109 | € 8,965,045 | ▼ 3% |
| Total debts | € 9,552,405 | € 9,842,637 | € 10,149,546 | € 10,920,861 | ▲ 8% |
| Cash | € 1,159,375 | € 77,892 | € 37,780 | € 29,115 | ▼ 23% |
| Land & buildings | € 7,325,096 | € 7,150,363 | € 6,770,307 | € 6,436,025 | ▼ 5% |
| Retained profit | € 3,585,864 | € 3,716,420 | € 3,682,941 | € 3,388,877 | ▼ 8% |
| Bank debt | € 4,800,736 | € 4,250,966 | € 4,720,068 | € 5,684,720 | ▲ 20% |
| Balance sheet total | € 18,856,551 | € 19,258,823 | € 19,512,075 | € 19,885,906 | ▲ 2% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of DERWAEL, 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 DERWAEL?
What happened at DERWAEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Henri (Rik) Derwael stepped down as director. NBB
- Joseph Derwael stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 328,861. Source: NBB ↗
- Henri (Rik) Derwael became a director. NBB
- Joseph Derwael became a director. NBB
- New establishment in Tongeren-Borgloon. KBO
- Start of the company according to the CBE. KBO
In short
From € 109,406 loss in 2022 to € 328,861 loss in 2025.
Paid € 129,005 in corporate taxes since 2022.
Best year ever: 2023, with € 130,556 profit.
On average € 792,300 of value added per employee in 2025.
Management
It owns 99.9% of Borgloon Logistiek, 99.9% of Fruitwerk, 93.8% of Bel'export and 22.4% of New Green itself.
Directors
According to the 2025 annual accounts
Henri (Rik) Derwael
Managing director
Also active at: BEL'EXPORT, BORGLOON LOGISTIEK, FRUITWERK, BE.FRUIT
since 2023 · until 2029
Joseph Derwael
Managing director
Also active at: BEL'EXPORT, BORGLOON LOGISTIEK, FRUITWERK, BE.FRUIT
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Neremveld 2
3840 Tongeren-Borgloon
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →BEL'EXPORT same network
€ 58.8 million revenue · 2025
BORGLOON LOGISTIEK same network
€ 190,498 gross margin · 2025
FRUITWERK same network
€ 3.7 million gross margin · 2025
DERWAEL FRUITBEDRIJF
NEW GREEN same network
€ 36.7 million revenue · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0442.751.550
- VAT number
- BE 0442.751.550
- Registered office
- Neremveld 2, 3840 Tongeren-Borgloon
- Names & denominations
- DERWAEL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 1990
- Peppol
- Active · Active since 9 Oct 2025
- Activities · NACE
Overige fiscale dienstverlening
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur van terreinen
Boekhouders en boekhouders-fiscalisten
Activiteiten van holdings
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en lease van andere machines en werktuigen en andere materiële goederen
Verhuur en exploitatie van terreinen
+2