Financials
Financial year 2026
T.W. SERVICE from Tessenderlo, company number BE0454692646, closed financial year 2026 with a result of € 36,099 after tax. For that financial year T.W. SERVICE recorded a gross margin of € 174,548 and equity of € 198,452. Compared with financial year 2025, the result moved from € 1,273 to € 36,099. Profitable, and profit is growing. 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 September 23, 2026.
€ 198,452
▼ 13% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 36,099
▲ € 34,827 vs 2025
Profit after tax over the fiscal year.
€ 12,078
▲ 33% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 65,611 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
2.6
Average over the fiscal year, from the social balance sheet.
€ 108,577
▲ 12% vs 2025
€ 41,800 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.
€ 20,022
▼ 8% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 25,903
▼ 29% vs 2025
Loans from banks and other lenders, long and short.
€ 28,433
▼ 30% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 40,105
▼ 23% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 214,811 | € 162,911 | € 119,388 | € 174,548 | ▲ 46% |
| Profit after taxes | € 64,398 | € 20,389 | € 1,273 | € 36,099 | ▲ € 34,827 |
| Equity | € 241,303 | € 226,691 | € 227,964 | € 198,452 | ▼ 13% |
| Total debts | € 178,907 | € 171,482 | € 137,670 | € 119,768 | ▼ 13% |
| Cash | € 7,447 | € 9,045 | € 9,071 | € 12,078 | ▲ 33% |
| Retained profit | € 216,513 | € 201,902 | € 203,175 | € 173,663 | ▼ 15% |
| Dividend | € 35,000 | € 35,000 | € 0 | € 65,611 | |
| Bank debt | € 79,373 | € 68,784 | € 36,491 | € 25,903 | ▼ 29% |
| Balance sheet total | € 420,210 | € 398,174 | € 365,634 | € 318,220 | ▼ 13% |
| Employees (FTE) | 2.6 | 2.6 | 2.6 | 2.6 |
Key figures of T.W. SERVICE, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to T.W. SERVICE?
What happened at T.W. SERVICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 36,099 (▲ € 34,827 vs 2025). Source: NBB ↗
- Thierry Casier became a director. NBB
- New establishment in Tessenderlo-Ham. KBO
- Start of the company according to the CBE. KBO
In short
From € 64,398 profit in 2023 to € 36,099 profit in 2026.
Paid € 45,487 in corporate taxes since 2023.
Best year ever: 2023, with € 64,398 profit.
On average € 67,100 of value added per employee in 2026.
Management
Behind T.W. SERVICE is Thierry Casier. Thierry Casier is also behind ETEC.
Directors
According to the 2026 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Diesterstraat (B) 164 box 2
3980 Tessenderlo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0454.692.646
- VAT number
- BE 0454.692.646
- Registered office
- Diesterstraat (B) 164 bus 2, 3980 Tessenderlo
- Names & denominations
- T.W. SERVICE · TWS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 March 1995
- Peppol
- Active · Active since 22 May 2025
- Activities · NACE
Groothandel in diverse machines en uitrusting voor handel en dienstverlening, n.e.g.
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Groothandel in andere machines en werktuigen, n.e.g.
Verhuur en lease van andere machines en werktuigen en andere materiële goederen
Verhuur van overige machines en werktuigen, n.e.g.