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 37 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MWST from Bilzen-Hoeselt, company number BE0632468605, closed financial year 2025 with a result of € 20,290 after tax. For that financial year MWST recorded a gross margin of € 192,269 and equity of € 668,299. Compared with financial year 2024, the result moved from € 437,166 to € 20,290. 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 June 9, 2026.
€ 668,299
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,290
▼ 95% vs 2024
Profit after tax over the fiscal year.
€ 96,102
▲ € 90,400 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 € 493,299.
People and assets in 2025
€ 82,909
▼ 40% vs 2024
Of which on lease € 26,047.
Debts at end 2025
€ 788,265
▼ 13% vs 2024
€ 13,265 is repaid this year. At this pace the long-term loan is gone in ≈ 59 years.
€ 250,553
▲ 177% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 86,501
▼ 33% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 163,911 | € 295,522 | € 815,131 | € 192,269 | ▼ 76% |
| Profit after taxes | € -52,468 | € 40,736 | € 437,166 | € 20,290 | ▼ 95% |
| Equity | € 170,106 | € 210,842 | € 648,008 | € 668,299 | ▲ 3% |
| Total debts | € 3,157,024 | € 2,375,785 | € 2,020,915 | € 2,145,061 | ▲ 6% |
| Cash | € 121,682 | € 133,242 | € 5,702 | € 96,102 | ▲ € 90,400 |
| Land & buildings | € 1,504,501 | € 1,447,815 | € 1,409,075 | € 1,351,655 | ▼ 4% |
| Retained profit | € -4,894 | € 35,842 | € 473,008 | € 493,299 | ▲ 4% |
| Bank debt | € 627,981 | € 359,263 | € 908,580 | € 788,265 | ▼ 13% |
| Balance sheet total | € 3,327,129 | € 2,586,627 | € 2,668,923 | € 2,813,360 | ▲ 5% |
Key figures of MWST, 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 MWST?
What happened at MWST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,290 (▼ 95% vs 2024). Source: NBB ↗
- New establishment in Bilzen-Hoeselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 52,468 loss in 2022 to € 20,290 profit in 2025.
Paid € 194,254 in corporate taxes since 2022.
Best year ever: 2024, with € 437,166 profit.
A new publication or filing at MWST? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MWST are Ilona Nadolna and Kornelia Knapen.
Directors
According to the 2025 annual accounts
Ilona Nadolna
Director
Kornelia Knapen
Director
Establishments
Establishment units
Physical locations of this company
Sint-Aldegondisstraat 17
3740 Bilzen-Hoeselt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0632.468.605
- VAT number
- BE 0632.468.605
- Registered office
- Sint-Aldegondisstraat 17, 3740 Bilzen-Hoeselt
- Names & denominations
- MWST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 June 2015
- Peppol
- Active · Active since 10 Apr 2026
- Activities · NACE
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