Warning lights
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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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GWL+ from Hamont-Achel, company number BE0671467553, closed financial year 2025 with a result of € 117,652 after tax. For that financial year GWL+ recorded a gross margin of € 677,773 and equity of € 858,777. Compared with financial year 2024, the result moved from € 127,028 to € 117,652. 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 August 25, 2026.
€ 858,777
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 117,652
▼ 7% vs 2024
Profit after tax over the fiscal year.
€ 50,838
▲ 89% 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 € 840,177.
People and assets in 2025
2.9
▼ 7.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 247,469
▼ 69% vs 2024
€ 85,300 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.
€ 49,019
▼ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3 million
▼ 2% vs 2024
€ 296,278 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 49,821
▼ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 51,628
▼ 60% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 975,692 | € 876,739 | € 1,244,059 | € 677,773 | ▼ 46% |
| Profit after taxes | € 183,597 | € 22,892 | € 127,028 | € 117,652 | ▼ 7% |
| Equity | € 591,205 | € 614,097 | € 741,125 | € 858,777 | ▲ 16% |
| Total debts | € 3,922,715 | € 3,848,895 | € 4,059,623 | € 3,922,011 | ▼ 3% |
| Cash | € 61,780 | € 9,609 | € 26,936 | € 50,838 | ▲ 89% |
| Land & buildings | € 1,657,959 | € 1,596,898 | € 1,793,299 | € 1,939,175 | ▲ 8% |
| Retained profit | € 572,605 | € 595,497 | € 722,525 | € 840,177 | ▲ 16% |
| Bank debt | € 3,201,686 | € 2,973,340 | € 3,055,143 | € 2,988,026 | ▼ 2% |
| Balance sheet total | € 4,513,920 | € 4,462,992 | € 4,800,748 | € 4,780,788 | |
| Employees (FTE) | 10.6 | 8.2 | 10.8 | 2.9 | ▼ 7.9 |
Key figures of GWL+, 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 GWL+?
What happened at GWL+ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 117,652 (▼ 7% vs 2024). filed late Source: NBB ↗
- New establishment in Hamont-Achel. KBO
- Start of the company according to the CBE. KBO
In short
From € 183,597 profit in 2022 to € 117,652 profit in 2025.
Paid € 88,773 in corporate taxes since 2022.
Best year ever: 2022, with € 183,597 profit.
On average € 233,700 of value added per employee in 2025.
Management
Behind GWL+ are Jan Lauwers and Wim Lauwers. It owns 100% of Ondernemingen Gaston Houben, 100% of H en S International and 100% of GWL Recycling itself.
Directors
According to the 2025 annual accounts
Wim Lauwers
Director
Also active at: ONDERNEMINGEN GASTON HOUBEN, GWL Recycling, GWL, PUTBORINGEN VAN HEUGTEN, H EN S INTERNATIONAL, GWL Nutsinfra, IWM, GWL Build +1 more
Establishments
Establishment units
Physical locations of this company
Ruiterstraat 103
3930 Hamont-Achel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0671.467.553
- VAT number
- BE 0671.467.553
- Registered office
- Ruiterstraat 103, 3930 Hamont-Achel
- Names & denominations
- GWL+
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 February 2017
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
Bouwrijp maken van terreinen
Bouw van rioleringen
Overige werkzaamheden in verband met de afwerking van gebouwen
Bouw van autowegen en andere wegen