Financials
Financial year 2025
HW Projects from Gavere, company number BE0668695234, closed financial year 2025 with a result of € 56,005 after tax. For that financial year HW Projects recorded a gross margin of € 89,290 and equity of € 168,019. Compared with financial year 2024, the result moved from € 51,983 to € 56,005. 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 June 30, 2026.
€ 168,019
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 56,005
▲ 8% vs 2024
Profit after tax over the fiscal year.
€ 84,201
▼ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 81,616 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 139,378
▲ 52% vs 2024
€ 5,180 is repaid this year. At this pace the long-term loan is gone in ≈ 27 years.
€ 3,437
▼ 83% 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 | € 55,197 | € 78,809 | € 92,306 | € 89,290 | ▼ 3% |
| Profit after taxes | € 20,500 | € 39,889 | € 51,983 | € 56,005 | ▲ 8% |
| Equity | € 130,331 | € 169,387 | € 193,630 | € 168,019 | ▼ 13% |
| Total debts | € 80,602 | € 94,978 | € 121,164 | € 143,146 | ▲ 18% |
| Cash | € 89,235 | € 105,883 | € 132,172 | € 84,201 | ▼ 36% |
| Land & buildings | € 90,154 | € 86,136 | € 82,119 | € 78,101 | ▼ 5% |
| Retained profit | € 111,731 | € 150,787 | € 175,030 | € 149,419 | ▼ 15% |
| Dividend | € 800 | € 833 | € 27,739 | € 81,616 | ▲ 194% |
| Bank debt | € 71,026 | € 66,041 | € 91,992 | € 139,378 | ▲ 52% |
| Balance sheet total | € 210,933 | € 264,365 | € 314,795 | € 311,165 | ▼ 1% |
Key figures of HW Projects, 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 HW Projects?
What happened at HW Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 56,005 (▲ 8% vs 2024). Source: NBB ↗
- New establishment in Gavere. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,500 profit in 2022 to € 56,005 profit in 2025.
Paid € 71,203 in corporate taxes since 2022.
Best year ever: 2025, with € 56,005 profit.
Paid out € 110,988 in dividends to the owners in total.
Management
Behind HW Projects is Hannes Wauters.
Directors
According to the 2025 annual accounts
Hannes Wauters
Director
Establishments
Establishment units
Physical locations of this company
Haagstraat 52
9890 Gavere
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0668.695.234
- VAT number
- BE 0668.695.234
- Registered office
- Haagstraat 52, 9890 Gavere
- Names & denominations
- HW Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 January 2017
- Peppol
- Active · Active since 24 Nov 2025
- Activities · NACE
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