What does Louwagie do?

Louwagie is a heating and ventilation installer in Heuvelland. Private Limited, started on 3 August 1999, 1 establishment.

What is the address of Louwagie?

The registered office of Louwagie is located at Reningelststraat(Kem) 9, 8956 Heuvelland.

Is Louwagie still active?

Yes. According to the CBE (30 October 2026) Louwagie is active, legal situation “Normale toestand”, started on 3 August 1999.

Is Louwagie registered on Peppol?

Yes, Louwagie is registered on the Peppol network with ID 0208:0466489232.

What is the enterprise number of Louwagie?

The enterprise number of Louwagie is BE0466489232.

When was Louwagie founded?

Louwagie was founded on 3 August 1999.

Who are the directors of Louwagie?

According to the 2025 annual accounts, the directors of Louwagie are: Placidus VOF, Hannes Louwagie.

Is Louwagie a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 3 August 1999; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did Louwagie make in 2025?

Louwagie posted a profit after taxes of € 245,181 in financial year 2025.

What is the revenue of Louwagie?

As a small company, Louwagie is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,257,519.

How much does an employee at Louwagie earn?

The average wage cost per full-time employee at Louwagie was € 69,600 in 2025: staff costs of € 800,254 for 11.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Louwagie have?

According to the 2025 annual accounts, Louwagie has 11.5 full-time equivalents (FTE).

Louwagie (Private Limited) - Heuvelland - BE0466489232

Dossier Louwagie, printed on 30 October 2026 from databakkes.be/en/0466489232/louwagie. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Louwagie from Heuvelland, company number BE0466489232, closed financial year 2025 with a result of € 245,181 after tax. For that financial year Louwagie recorded a gross margin of € 1.3 million and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 169,102 to € 245,181. 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 February 27, 2026.

What it is worth Growing

€ 1.3 million

▲ 18% vs 2024

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

Profit Growing

€ 245,181

▲ 45% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 504,343

▲ 24% vs 2024

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

Where the profit goes Pays out

€ 50,000 paid out

20 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

11.5

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 800,254

▲ 4% vs 2024

€ 69,600 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.

Vehicles and equipment

€ 137,012

▲ 45% vs 2024

Of which on lease € 105,701.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 298,473

▲ 1% vs 2024

€ 80,357 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 202,049

▼ 30% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 36,785

▼ 14% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 934,514 Gross margin 2022: € 934,514 First fiscal year in the series	€ 994,111 Gross margin 2023: € 994,111 ▲ 6% vs 2022 (€ 934,514) Favourable step	€ 1,092,695 Gross margin 2024: € 1,092,695 ▲ 10% vs 2023 (€ 994,111) Favourable step	€ 1,257,519 Gross margin 2025: € 1,257,519 ▲ 15% vs 2024 (€ 1,092,695) Favourable step	▲ 15%
Profit after taxes	€ 151,875 Profit after taxes 2022: € 151,875 First fiscal year in the series	€ 143,271 Profit after taxes 2023: € 143,271 ▼ 6% vs 2022 (€ 151,875) Unfavourable step	€ 169,102 Profit after taxes 2024: € 169,102 ▲ 18% vs 2023 (€ 143,271) Favourable step	€ 245,181 Profit after taxes 2025: € 245,181 ▲ 45% vs 2024 (€ 169,102) Favourable step	▲ 45%
Equity	€ 753,317 Equity 2022: € 753,317 First fiscal year in the series	€ 896,588 Equity 2023: € 896,588 ▲ 19% vs 2022 (€ 753,317) Favourable step	€ 1,056,335 Equity 2024: € 1,056,335 ▲ 18% vs 2023 (€ 896,588) Favourable step	€ 1,251,516 Equity 2025: € 1,251,516 ▲ 18% vs 2024 (€ 1,056,335) Favourable step	▲ 18%
Total debts	€ 618,224 Total debts 2022: € 618,224 First fiscal year in the series	€ 534,264 Total debts 2023: € 534,264 ▼ 14% vs 2022 (€ 618,224) Favourable step	€ 630,163 Total debts 2024: € 630,163 ▲ 18% vs 2023 (€ 534,264) Unfavourable step	€ 568,641 Total debts 2025: € 568,641 ▼ 10% vs 2024 (€ 630,163) Favourable step	▼ 10%
Cash	€ 201,572 Cash 2022: € 201,572 First fiscal year in the series	€ 300,724 Cash 2023: € 300,724 ▲ 49% vs 2022 (€ 201,572) Favourable step	€ 405,674 Cash 2024: € 405,674 ▲ 35% vs 2023 (€ 300,724) Favourable step	€ 504,343 Cash 2025: € 504,343 ▲ 24% vs 2024 (€ 405,674) Favourable step	▲ 24%
Land & buildings	€ 742,051 Land & buildings 2022: € 742,051 First fiscal year in the series	€ 704,545 Land & buildings 2023: € 704,545 ▼ 5% vs 2022 (€ 742,051) Unchanged	€ 670,825 Land & buildings 2024: € 670,825 ▼ 5% vs 2023 (€ 704,545) Unchanged	€ 670,015 Land & buildings 2025: € 670,015 Unchanged (€ 670,825) Unchanged
Retained profit	€ 734,717 Retained profit 2022: € 734,717 First fiscal year in the series	€ 877,988 Retained profit 2023: € 877,988 ▲ 20% vs 2022 (€ 734,717) Favourable step	€ 1,037,735 Retained profit 2024: € 1,037,735 ▲ 18% vs 2023 (€ 877,988) Favourable step	€ 1,232,916 Retained profit 2025: € 1,232,916 ▲ 19% vs 2024 (€ 1,037,735) Favourable step	▲ 19%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 50,000 Dividend 2025: € 50,000 Unchanged (€ 0) Unchanged
Bank debt	€ 341,867 Bank debt 2022: € 341,867 First fiscal year in the series	€ 273,802 Bank debt 2023: € 273,802 ▼ 20% vs 2022 (€ 341,867) Favourable step	€ 294,246 Bank debt 2024: € 294,246 ▲ 7% vs 2023 (€ 273,802) Unfavourable step	€ 298,473 Bank debt 2025: € 298,473 ▲ 1% vs 2024 (€ 294,246) Unfavourable step	▲ 1%
Balance sheet total	€ 1,371,542 Balance sheet total 2022: € 1,371,542 First fiscal year in the series	€ 1,430,852 Balance sheet total 2023: € 1,430,852 ▲ 4% vs 2022 (€ 1,371,542) Unchanged	€ 1,686,498 Balance sheet total 2024: € 1,686,498 ▲ 18% vs 2023 (€ 1,430,852) Unchanged	€ 1,820,157 Balance sheet total 2025: € 1,820,157 ▲ 8% vs 2024 (€ 1,686,498) Unchanged	▲ 8%
Employees (FTE)	10.6 Employees (FTE) 2022: 10.6 First fiscal year in the series	10.8 Employees (FTE) 2023: 10.8 ▲ 0.2 vs 2022 (10.6) Unchanged	11.5 Employees (FTE) 2024: 11.5 ▲ 0.7 vs 2023 (10.8) Unchanged	11.5 Employees (FTE) 2025: 11.5 Unchanged (11.5) Unchanged

Key figures of Louwagie, 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 March 2027.

What happened to Louwagie?

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

Feb 27, 2026 New annual accounts for financial year 2025: profit of € 245,181 (▲ 45% vs 2024). Source: NBB ↗
2022 Placidus VOF became a director. NBB
2007 Hannes Louwagie became a director. NBB
Sep 28, 1999 New establishment in Heuvelland. KBO
Aug 3, 1999 Start of the company according to the CBE. KBO

In short

From € 151,875 profit in 2022 to € 245,181 profit in 2025.

Paid € 318,423 in corporate taxes since 2022.

Best year ever: 2025, with € 245,181 profit.

On average € 109,300 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Placidus VOF Hannes Louwagie

Louwagie

Behind Louwagie are Placidus VOF and Hannes Louwagie.

Directors

According to the 2025 annual accounts

Placidus VOF

Director · represented by Louwagie Paul

since 2022

Hannes Louwagie

Director

since 2007

Establishments

Establishment units

Physical locations of this company

Registered office

Reningelststraat(Kem) 9

8956 Heuvelland

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

Details

Company number

0466.489.232

VAT number

BE 0466.489.232

Registered office

Reningelststraat(Kem) 9, 8956 Heuvelland

Names & denominations

Louwagie

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

3 August 1999

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

Installatie van verwarming, klimaatregeling en ventilatie

Stukadoorswerk

Schilderen van gebouwen

Ontwikkeling van residentiële bouwprojecten

Sanitaire werkzaamheden

Overig loodgieterswerk

Schilderen

View on CBE Public ↗ Annual accounts (NBB) ↗

Louwagie

Financials

What happened to Louwagie?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions