Financials
Financial year 2025
NEDWORK from Walhain, company number BE0505971202, closed financial year 2025 with a result of € 36,648 after tax. For that financial year NEDWORK recorded a gross margin of € 85,543 and equity of € 191,665. Compared with financial year 2024, the result moved from € 64,245 to € 36,648. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 191,665
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 36,648
▼ 43% vs 2024
Profit after tax over the fiscal year.
€ 258,464
▲ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 173,065.
People and assets in 2025
€ 6,230
▼ 67% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 271,441
▼ 4% vs 2024
€ 19,843 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 5,547
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,275
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 63,160 | € 115,970 | € 120,157 | € 85,543 | ▼ 29% |
| Profit after taxes | € 18,502 | € 49,237 | € 64,245 | € 36,648 | ▼ 43% |
| Equity | € 91,535 | € 90,772 | € 155,017 | € 191,665 | ▲ 24% |
| Total debts | € 451,469 | € 484,678 | € 517,636 | € 512,814 | ▼ 1% |
| Cash | € 143,177 | € 213,120 | € 246,192 | € 258,464 | ▲ 5% |
| Land & buildings | € 301,358 | € 287,418 | € 345,798 | € 358,234 | ▲ 4% |
| Retained profit | € 72,935 | € 72,172 | € 136,417 | € 173,065 | ▲ 27% |
| Dividend | € 100,000 | € 50,000 | € 0 | € 0 | |
| Bank debt | € 271,298 | € 245,155 | € 282,283 | € 271,441 | ▼ 4% |
| Balance sheet total | € 543,004 | € 575,450 | € 672,653 | € 704,479 | ▲ 5% |
Key figures of NEDWORK, 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 NEDWORK?
What happened at NEDWORK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 36,648 (▼ 43% vs 2024). Source: NBB ↗
- New establishment in Walhain. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,502 profit in 2022 to € 36,648 profit in 2025.
Paid € 45,128 in corporate taxes since 2022.
Best year ever: 2024, with € 64,245 profit.
Paid out € 150,000 in dividends to the owners in total.
Management
Behind NEDWORK is Denis TOUSSAINT.
Directors
According to the 2025 annual accounts
Denis TOUSSAINT
Director
Establishments
Establishment units
Physical locations of this company
Rue du Bois de Buis(WSP) 19
1457 Walhain
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0505.971.202
- VAT number
- BE 0505.971.202
- Registered office
- Rue du Bois de Buis(WSP) 19, 1457 Walhain
- Names & denominations
- NEDWORK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 December 2014
- Peppol
- Active · Active since 20 Nov 2025
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