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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
fhwd-immo from Verviers, company number BE0633663188, closed financial year 2025 with a result of € 7,476 after tax. For that financial year fhwd-immo recorded a gross margin of € 30,601 and equity of € 161,354. Compared with financial year 2024, the result moved from € 4,532 to € 7,476. 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 July 1, 2026.
€ 161,354
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,476
▲ 65% vs 2024
Profit after tax over the fiscal year.
€ 20,345
▲ 129% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 9,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 54,590
▼ 15% vs 2024
€ 10,760 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 877
▲ 137% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,225
▲ € 3,375 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 23,445 | € 25,771 | € 25,629 | € 30,601 | ▲ 19% |
| Profit after taxes | € 4,924 | € 6,039 | € 4,532 | € 7,476 | ▲ 65% |
| Equity | € 153,890 | € 159,322 | € 163,366 | € 161,354 | ▼ 1% |
| Total debts | € 89,788 | € 80,400 | € 65,440 | € 63,692 | ▼ 3% |
| Cash | € 17,061 | € 8,936 | € 8,880 | € 20,345 | ▲ 129% |
| Land & buildings | € 227,150 | € 232,270 | € 219,984 | € 201,790 | ▼ 8% |
| Retained profit | € 88,874 | € 155,670 | € 98,040 | € 96,516 | ▼ 2% |
| Dividend | € 0 | € 0 | € 0 | € 9,000 | |
| Bank debt | € 84,482 | € 74,477 | € 64,220 | € 54,590 | ▼ 15% |
| Balance sheet total | € 247,002 | € 242,550 | € 231,235 | € 227,075 | ▼ 2% |
Key figures of fhwd-immo, 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 fhwd-immo?
What happened at fhwd-immo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,476 (▲ 65% vs 2024). Source: NBB ↗
- New establishment in Verviers. KBO
- Start of the company according to the CBE. KBO
- Madeline DEMOUSTIER became a director. NBB
- Eddy WERTZ became a director. NBB
In short
From € 4,924 profit in 2022 to € 7,476 profit in 2025.
Paid € 8,893 in corporate taxes since 2022.
Best year ever: 2025, with € 7,476 profit.
Paid out € 9,000 in dividends to the owners in total.
Management
Behind fhwd-immo are Madeline DEMOUSTIER and Eddy WERTZ. Eddy WERTZ is also behind Protection de l'Enfance - Foyer Lucie and &sens architectes.
Directors
According to the 2025 annual accounts
Madeline DEMOUSTIER
Director
since 2015
since 2015
Establishments
Establishment units
Physical locations of this company
Place Sommeleville 59-61
4800 Verviers
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0633.663.188
- VAT number
- BE 0633.663.188
- Registered office
- Place Sommeleville 59-61, 4800 Verviers
- Names & denominations
- fhwd-immo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 July 2015
- Peppol
- Not registered