EMDW is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 15 December 2014, 1 establishment.

What is the address of EMDW?

The registered office of EMDW is located at Groeneweg(D) 24, 7711 Mouscron.

Is EMDW still active?

Yes. According to the CBE (29 October 2026) EMDW is active, legal situation “Normale toestand”, started on 15 December 2014.

Is EMDW registered on Peppol?

Yes, EMDW is registered on the Peppol network with ID 0208:0506825196.

What is the enterprise number of EMDW?

The enterprise number of EMDW is BE0506825196.

When was EMDW founded?

EMDW was founded on 15 December 2014.

Who are the directors of EMDW?

According to the 2025 annual accounts, the directors of EMDW are: EMMANUEL DEWULF.

Is EMDW a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 15 December 2014; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did EMDW make in 2025?

EMDW posted a profit after taxes of € 1,526,383 in financial year 2025.

What is the revenue of EMDW?

As a small company, EMDW is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 137,082.

EMDW (Private Limited) - Mouscron - BE0506825196

Dossier EMDW, printed on 29 October 2026 from databakkes.be/en/0506825196/emdw. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

EMDW from Mouscron, company number BE0506825196, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year EMDW recorded a gross margin of € 137,082 and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 455,220 to € 1.5 million. 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 January 6, 2026.

What it is worth Healthy

€ 1.9 million

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

Profit Growing

€ 1.5 million

▲ 235% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 9,493

▼ 99% vs 2024

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

Where the profit goes Pays out

€ 1.5 million paid out

100 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Vehicles and equipment

€ 12,211

▼ 3% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 37 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.

€ 1.2 million

▼ 2% vs 2024

€ 32,500 is repaid this year. At this pace the long-term loan is gone in ≈ 37 years.

Owed to suppliers

€ 521

▼ 56% vs 2024

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

Taxes

€ 9,564

▲ 1% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 67,804 Gross margin 2022: € 67,804 First fiscal year in the series	€ 168,995 Gross margin 2023: € 168,995 ▲ 149% vs 2022 (€ 67,804) Favourable step	€ 112,018 Gross margin 2024: € 112,018 ▼ 34% vs 2023 (€ 168,995) Unfavourable step	€ 137,082 Gross margin 2025: € 137,082 ▲ 22% vs 2024 (€ 112,018) Favourable step	▲ 22%
Profit after taxes	€ 34,627 Profit after taxes 2022: € 34,627 First fiscal year in the series	€ 93,677 Profit after taxes 2023: € 93,677 ▲ 171% vs 2022 (€ 34,627) Favourable step	€ 455,220 Profit after taxes 2024: € 455,220 ▲ € 361,544 vs 2023 (€ 93,677) Favourable step	€ 1,526,383 Profit after taxes 2025: € 1,526,383 ▲ 235% vs 2024 (€ 455,220) Favourable step	▲ 235%
Equity	€ 2,044,167 Equity 2022: € 2,044,167 First fiscal year in the series	€ 2,137,843 Equity 2023: € 2,137,843 ▲ 5% vs 2022 (€ 2,044,167) Favourable step	€ 1,916,914 Equity 2024: € 1,916,914 ▼ 10% vs 2023 (€ 2,137,843) Unfavourable step	€ 1,916,914 Equity 2025: € 1,916,914 Unchanged (€ 1,916,914) Unchanged
Total debts	€ 3,031,916 Total debts 2022: € 3,031,916 First fiscal year in the series	€ 3,008,691 Total debts 2023: € 3,008,691 ▼ 1% vs 2022 (€ 3,031,916) Favourable step	€ 2,506,178 Total debts 2024: € 2,506,178 ▼ 17% vs 2023 (€ 3,008,691) Favourable step	€ 3,199,757 Total debts 2025: € 3,199,757 ▲ 28% vs 2024 (€ 2,506,178) Unfavourable step	▲ 28%
Cash	€ 117,035 Cash 2022: € 117,035 First fiscal year in the series	€ 80,198 Cash 2023: € 80,198 ▼ 31% vs 2022 (€ 117,035) Unfavourable step	€ 1,188,059 Cash 2024: € 1,188,059 ▲ € 1.1 million vs 2023 (€ 80,198) Favourable step	€ 9,493 Cash 2025: € 9,493 ▼ 99% vs 2024 (€ 1,188,059) Unfavourable step	▼ 99%
Land & buildings	€ 473,755 Land & buildings 2022: € 473,755 First fiscal year in the series	€ 636,789 Land & buildings 2023: € 636,789 ▲ 34% vs 2022 (€ 473,755) Unchanged	€ 578,529 Land & buildings 2024: € 578,529 ▼ 9% vs 2023 (€ 636,789) Unchanged	€ 520,345 Land & buildings 2025: € 520,345 ▼ 10% vs 2024 (€ 578,529) Unchanged	▼ 10%
Retained profit	€ 127,567 Retained profit 2022: € 127,567 First fiscal year in the series	€ 221,243 Retained profit 2023: € 221,243 ▲ 73% vs 2022 (€ 127,567) Favourable step	€ 314 Retained profit 2024: € 314 ▼ € 220,930 vs 2023 (€ 221,243) Unfavourable step	€ 314 Retained profit 2025: € 314 Unchanged (€ 314) Unchanged
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 676,150 Dividend 2024: € 676,150 Unchanged (€ 0) Unchanged	€ 1,526,383 Dividend 2025: € 1,526,383 ▲ 126% vs 2024 (€ 676,150) Unchanged	▲ 126%
Bank debt	€ 1,287,500 Bank debt 2022: € 1,287,500 First fiscal year in the series	€ 1,257,500 Bank debt 2023: € 1,257,500 ▼ 2% vs 2022 (€ 1,287,500) Favourable step	€ 1,227,500 Bank debt 2024: € 1,227,500 ▼ 2% vs 2023 (€ 1,257,500) Favourable step	€ 1,200,000 Bank debt 2025: € 1,200,000 ▼ 2% vs 2024 (€ 1,227,500) Favourable step	▼ 2%
Balance sheet total	€ 5,076,083 Balance sheet total 2022: € 5,076,083 First fiscal year in the series	€ 5,146,534 Balance sheet total 2023: € 5,146,534 ▲ 1% vs 2022 (€ 5,076,083) Unchanged	€ 4,423,092 Balance sheet total 2024: € 4,423,092 ▼ 14% vs 2023 (€ 5,146,534) Unchanged	€ 5,116,671 Balance sheet total 2025: € 5,116,671 ▲ 16% vs 2024 (€ 4,423,092) Unchanged	▲ 16%

Key figures of EMDW, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to EMDW?

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

Jan 6, 2026 New annual accounts for financial year 2025: profit of € 1.5 million (▲ 235% vs 2024). Source: NBB ↗
Feb 20, 2017 New establishment in Mouscron. KBO
2014 EMMANUEL DEWULF became a director. NBB
Dec 15, 2014 Start of the company according to the CBE. KBO

In short

From € 34,627 profit in 2022 to € 1.5 million profit in 2025.

Paid € 62,959 in corporate taxes since 2022.

Best year ever: 2025, with € 1.5 million profit.

Paid out € 2.2 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

EMMANUEL DEWULF

EMDW

BEL ENERGY GROUP 40%

Behind EMDW is EMMANUEL DEWULF. It owns 40% of BEL ENERGY GROUP itself.

Directors

According to the 2025 annual accounts

EMMANUEL DEWULF

Director

Also active at: EEP HOLDING

since 2014

Establishments

Establishment units

Physical locations of this company

Registered office

Groeneweg(D) 24

7711 Mouscron

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

Details

Company number

0506.825.196

VAT number

BE 0506.825.196

Registered office

Groeneweg(D) 24, 7711 Mouscron

Names & denominations

EMDW

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

15 December 2014

Peppol

Active · Active since 14 Apr 2026

Activities · NACE

Activiteiten van holdings

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

EMDW

Warning lights

Financials

What happened to EMDW?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions