Financials
Financial year 2025
kwin from Vorst, company number BE0640810506, closed financial year 2025 with a result of € -2,918 after tax. For that financial year kwin recorded a gross margin of € 291,302 and equity of € 359,211. Compared with financial year 2023, the result moved from € 99,533 to € -2,918. The company made a loss. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ 359,211
▲ 88% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,918
▼ still € 99,533 profit in 2023
Profit after tax over the fiscal year.
€ 117,904
▲ € 89,830 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 340,661.
People and assets in 2025
5.1
Average over the fiscal year, from the social balance sheet.
€ 274,684
▲ 45% vs 2023
€ 53,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 16,669
▲ 54% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 93,384
▲ 80% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 113,669
▲ 73% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 269,625 | € 331,898 | € 291,302 | ▼ 12% |
| Profit after taxes | € 70,782 | € 99,533 | € -2,918 | ▼ € 102,450 |
| Equity | € 91,187 | € 190,720 | € 359,211 | ▲ 88% |
| Total debts | € 283,399 | € 120,551 | € 213,256 | ▲ 77% |
| Cash | € 26,944 | € 28,075 | € 117,904 | ▲ € 89,830 |
| Retained profit | € 72,637 | € 172,170 | € 340,661 | ▲ 98% |
| Dividend | € 89,936 | € 0 | € 0 | |
| Balance sheet total | € 374,587 | € 311,271 | € 572,467 | ▲ 84% |
| Employees (FTE) | - | - | 5.1 |
Key figures of kwin, 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 kwin?
What happened at kwin in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,918 (▼ € 102,450 vs 2023). Source: NBB ↗
- New establishment in Brussel. KBO
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 70,782 profit in 2022 to € 2,918 loss in 2025.
Paid € 61,649 in corporate taxes since 2022.
Best year ever: 2023, with € 99,533 profit.
On average € 57,100 of value added per employee in 2025.
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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 kwin are Hans Michiels and Kwinten Lambrecht. Kwinten Lambrecht is also behind Bijvoorbeeld.
Directors
According to the 2025 annual accounts
Hans Michiels
Director
Establishments
Establishment units
Physical locations of this company
Eden City 18
1190 Vorst
Henri Marichalstraat 29
1050 Elsene
Active since 12 October 2015
Havenlaan 86C Floor 1 box 120
1000 Brussel
Active since 1 September 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0640.810.506
- VAT number
- BE 0640.810.506
- Registered office
- Eden City 18, 1190 Vorst
- Names & denominations
- kwin
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 October 2015
- Peppol
- Active · Active since 30 Oct 2023
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