What does Mawolar do?

Mawolar is registered with the CBE as active in: Activiteiten van holdings. Private Limited, started on 23 March 2015, 1 establishment.

What is the address of Mawolar?

The registered office of Mawolar is located at Rapetstraat 78, 8940 Wervik.

Is Mawolar still active?

Yes. According to the CBE (29 October 2026) Mawolar is active, legal situation “Normale toestand”, started on 23 March 2015.

Is Mawolar registered on Peppol?

Yes, Mawolar is registered on the Peppol network with ID 0208:0607928296.

What is the enterprise number of Mawolar?

The enterprise number of Mawolar is BE0607928296.

When was Mawolar founded?

Mawolar was founded on 23 March 2015.

Who are the directors of Mawolar?

According to the 2025 annual accounts, the directors of Mawolar are: MICHIEL MASSCHELEIN.

Is Mawolar a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 23 March 2015; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Mawolar make in 2025?

Mawolar posted a profit after taxes of € 279,419 in financial year 2025.

What is the revenue of Mawolar?

As a small company, Mawolar is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 521,436.

Mawolar (Private Limited) - Wervik - BE0607928296

Dossier Mawolar, printed on 29 October 2026 from databakkes.be/en/0607928296/mawolar. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Mawolar from Wervik, company number BE0607928296, closed financial year 2025 with a result of € 279,419 after tax. For that financial year Mawolar recorded a gross margin of € 521,436 and equity of € 505,113. Compared with financial year 2024, the result moved from € 1.1 million to € 279,419. The company is profitable. The buffer shrank hard: equity is 66 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 27, 2025.

What it is worth Shrank hard

€ 505,113

▼ 66% vs 2024

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

Profit Healthy

€ 279,419

▼ 75% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 422,615

▲ € 404,602 vs 2024

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

Where the profit goes Pays out

€ 1.3 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Vehicles and equipment

€ 31,015

▼ 10% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 18 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.

€ 1.9 million

▲ 60% vs 2024

€ 105,967 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.

Owed to suppliers

€ 11,651

▲ € 9,156 vs 2024

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

Taxes

€ 13,231

▲ 229% 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	€ 548,631 Gross margin 2022: € 548,631 First fiscal year in the series	€ 187,634 Gross margin 2023: € 187,634 ▼ 66% vs 2022 (€ 548,631) Unfavourable step	€ 282,246 Gross margin 2024: € 282,246 ▲ 50% vs 2023 (€ 187,634) Favourable step	€ 521,436 Gross margin 2025: € 521,436 ▲ 85% vs 2024 (€ 282,246) Favourable step	▲ 85%
Profit after taxes	€ 1,655,254 Profit after taxes 2022: € 1,655,254 First fiscal year in the series	€ 773,625 Profit after taxes 2023: € 773,625 ▼ 53% vs 2022 (€ 1,655,254) Unfavourable step	€ 1,104,925 Profit after taxes 2024: € 1,104,925 ▲ 43% vs 2023 (€ 773,625) Favourable step	€ 279,419 Profit after taxes 2025: € 279,419 ▼ 75% vs 2024 (€ 1,104,925) Unfavourable step	▼ 75%
Equity	€ 2,112,144 Equity 2022: € 2,112,144 First fiscal year in the series	€ 1,870,769 Equity 2023: € 1,870,769 ▼ 11% vs 2022 (€ 2,112,144) Unfavourable step	€ 1,475,693 Equity 2024: € 1,475,693 ▼ 21% vs 2023 (€ 1,870,769) Unfavourable step	€ 505,113 Equity 2025: € 505,113 ▼ 66% vs 2024 (€ 1,475,693) Unfavourable step	▼ 66%
Total debts	€ 1,496,316 Total debts 2022: € 1,496,316 First fiscal year in the series	€ 1,311,526 Total debts 2023: € 1,311,526 ▼ 12% vs 2022 (€ 1,496,316) Favourable step	€ 1,240,187 Total debts 2024: € 1,240,187 ▼ 5% vs 2023 (€ 1,311,526) Favourable step	€ 2,144,613 Total debts 2025: € 2,144,613 ▲ 73% vs 2024 (€ 1,240,187) Unfavourable step	▲ 73%
Cash	€ 632,911 Cash 2022: € 632,911 First fiscal year in the series	€ 87,601 Cash 2023: € 87,601 ▼ 86% vs 2022 (€ 632,911) Unfavourable step	€ 18,013 Cash 2024: € 18,013 ▼ 79% vs 2023 (€ 87,601) Unfavourable step	€ 422,615 Cash 2025: € 422,615 ▲ € 404,602 vs 2024 (€ 18,013) Favourable step	▲ € 404,602
Land & buildings	€ 1,827,479 Land & buildings 2022: € 1,827,479 First fiscal year in the series	€ 1,731,820 Land & buildings 2023: € 1,731,820 ▼ 5% vs 2022 (€ 1,827,479) Unchanged	€ 1,636,162 Land & buildings 2024: € 1,636,162 ▼ 6% vs 2023 (€ 1,731,820) Unchanged	€ 1,474,090 Land & buildings 2025: € 1,474,090 ▼ 10% vs 2024 (€ 1,636,162) Unchanged	▼ 10%
Retained profit	€ 1,887,144 Retained profit 2022: € 1,887,144 First fiscal year in the series	€ 1,645,769 Retained profit 2023: € 1,645,769 ▼ 13% vs 2022 (€ 1,887,144) Unfavourable step	€ 1,250,693 Retained profit 2024: € 1,250,693 ▼ 24% vs 2023 (€ 1,645,769) Unfavourable step	€ 280,113 Retained profit 2025: € 280,113 ▼ 78% vs 2024 (€ 1,250,693) Unfavourable step	▼ 78%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 1,015,000 Dividend 2023: € 1,015,000 Unchanged (€ 0) Unchanged	€ 1,500,000 Dividend 2024: € 1,500,000 ▲ 48% vs 2023 (€ 1,015,000) Unchanged	€ 1,250,000 Dividend 2025: € 1,250,000 ▼ 17% vs 2024 (€ 1,500,000) Unchanged	▼ 17%
Bank debt	€ 1,408,678 Bank debt 2022: € 1,408,678 First fiscal year in the series	€ 1,295,048 Bank debt 2023: € 1,295,048 ▼ 8% vs 2022 (€ 1,408,678) Favourable step	€ 1,184,678 Bank debt 2024: € 1,184,678 ▼ 9% vs 2023 (€ 1,295,048) Favourable step	€ 1,891,960 Bank debt 2025: € 1,891,960 ▲ 60% vs 2024 (€ 1,184,678) Unfavourable step	▲ 60%
Balance sheet total	€ 3,608,460 Balance sheet total 2022: € 3,608,460 First fiscal year in the series	€ 3,182,295 Balance sheet total 2023: € 3,182,295 ▼ 12% vs 2022 (€ 3,608,460) Unchanged	€ 2,715,880 Balance sheet total 2024: € 2,715,880 ▼ 15% vs 2023 (€ 3,182,295) Unchanged	€ 2,649,725 Balance sheet total 2025: € 2,649,725 ▼ 2% vs 2024 (€ 2,715,880) Unchanged	▼ 2%

Key figures of Mawolar, 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 Mawolar?

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

Dec 27, 2025 New annual accounts for financial year 2025: profit of € 279,419 (▼ 75% vs 2024). Source: NBB ↗
Apr 1, 2015 New establishment in Menen. KBO
2015 MICHIEL MASSCHELEIN became a director. NBB
Mar 23, 2015 Start of the company according to the CBE. KBO

In short

From € 1.7 million profit in 2022 to € 279,419 profit in 2025.

Paid € 231,482 in corporate taxes since 2022.

Best year ever: 2022, with € 1.7 million profit.

Paid out € 3.8 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

MICHIEL MASSCHELEIN

Mawolar

DELHIMA IEPER

Behind Mawolar is MICHIEL MASSCHELEIN. MICHIEL MASSCHELEIN is also behind DELHIMA IEPER.

Directors

According to the 2025 annual accounts

MICHIEL MASSCHELEIN

Director

Also active at: DELHIMA IEPER

since 2015

Establishments

Establishment units

Physical locations of this company

Registered office

Rapetstraat 78

8940 Wervik

2.241.232.510

Dronckaertstraat 47

8930 Menen

Active since 1 April 2015

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

Details

Company number

0607.928.296

VAT number

BE 0607.928.296

Registered office

Rapetstraat 78, 8940 Wervik

Names & denominations

Mawolar

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

23 March 2015

Peppol

Active · Active since 21 Nov 2025

Activities · NACE

Activiteiten van holdings

Holdings

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige zakelijke dienstverlening, neg

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

Mawolar

Financials

What happened to Mawolar?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions