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.
Financials
Financial year 2025
LWAXANA from Middelkerke, company number BE0446018272, closed financial year 2025 with a result of € -23,003 after tax. For that financial year LWAXANA recorded a gross margin of € 7,534 and equity of € 346,146. Compared with financial year 2024, the result moved from € -12,731 to € -23,003. 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 February 27, 2026.
€ 346,146
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -23,003
▼ 81 % more loss than in 2024
Profit after tax over the fiscal year.
€ 8,586
▼ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 326,146.
Debts at end 2025
€ 507,695
▲ 159% vs 2024
€ 15,000 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 1,935
▲ € 1,759 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 268
▲ 5% 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 | € 14,613 | € 359,074 | € 864 | € 7,534 | ▲ € 6,670 |
| Profit after taxes | € -14,657 | € 323,165 | € -12,731 | € -23,003 | ▼ € 10,272 |
| Equity | € 125,917 | € 381,880 | € 369,149 | € 346,146 | ▼ 6% |
| Total debts | € 871,519 | € 501,413 | € 431,988 | € 773,531 | ▲ 79% |
| Cash | € 4,433 | € 53,611 | € 15,446 | € 8,586 | ▼ 44% |
| Land & buildings | € 252,952 | € 245,282 | € 237,612 | € 244,855 | ▲ 3% |
| Retained profit | € 105,917 | € 361,880 | € 349,149 | € 326,146 | ▼ 7% |
| Bank debt | € 434,899 | € 220,378 | € 195,996 | € 507,695 | ▲ 159% |
| Balance sheet total | € 997,436 | € 950,495 | € 868,338 | € 1,186,414 | ▲ 37% |
Key figures of LWAXANA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 3 March 2027.
What happened to LWAXANA?
What happened at LWAXANA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 23,003. Source: NBB ↗
- New establishment in Veurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,657 loss in 2022 to € 23,003 loss in 2025.
Paid € 17,648 in corporate taxes since 2022.
Best year ever: 2023, with € 323,165 profit.
Management
Behind LWAXANA is Glenn Verhalle. It owns 26.6% of Dierckx Invest, 10% of Padiva Construct, 10% of Ferengi Invest, 10% of Jestin immobilien, 10% of Padiva Vastgoed and Carsan itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Zwarteweg 28
8433 Middelkerke
Ieperse Steenweg 13
8630 Veurne
Active since 6 January 1992
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
- 0446.018.272
- VAT number
- BE 0446.018.272
- Registered office
- Zwarteweg 28, 8433 Middelkerke
- Names & denominations
- LWAXANA
- Enterprise type
- Rechtspersoon
- Legal form
- Besloten Vennootschap van publiek recht
- Legal situation
- Normale toestand
- Start date
- 13 December 1991
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Projectontwikkeling voor woningbouw
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Ontwikkeling van niet-residentiële bouwprojecten
Handel in eigen onroerend goed
Verhuur van woningen, exclusief sociale woningen
Projectontwikkeling voor kantoorbouw
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