What does BELWING do?

BELWING is filed with the CBE under the catch-all “Overige ondersteunende activiteiten in verband met financiële diensten, neg, exclusief verzekeringen en pensioenfondsen”, a code that says little about what the company actually does. Public Limited, started on 13 April 2017.

What is the address of BELWING?

The registered office of BELWING is located at Avenue Maurice-Destenay 13, 4000 Liège.

Is BELWING still active?

Yes. According to the CBE (29 October 2026) BELWING is active, legal situation “Normale toestand”, started on 13 April 2017.

Is BELWING registered on Peppol?

Yes, BELWING is registered on the Peppol network with ID 0208:0674535327.

What is the enterprise number of BELWING?

The enterprise number of BELWING is BE0674535327.

When was BELWING founded?

BELWING was founded on 13 April 2017.

Who are the directors of BELWING?

According to the 2025 annual accounts, the directors of BELWING are: Marin GERARDY , SPARAXIS.

Is BELWING a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 April 2017; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did BELWING make in 2025?

BELWING posted a profit after taxes of € 0 in financial year 2025.

What is the revenue of BELWING?

As a small company, BELWING is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 456,223.

BELWING (Public Limited) - Liège - BE0674535327

Dossier BELWING, printed on 29 October 2026 from databakkes.be/en/0674535327/belwing. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

43 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

BELWING from Liège, company number BE0674535327, closed financial year 2025 with a result of € 0 after tax. For that financial year BELWING recorded a gross margin of € 456,223 and equity of € 61,500. Compared with financial year 2024, the result moved from € 0 to € 0. Around break-even. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 20, 2026.

What it is worth Healthy

€ 61,500

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit

€ 0

Profit after tax over the fiscal year.

Cash in the bank

€ 58,469

▼ 1% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 0.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 4,560

▲ 73% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 83,932 Gross margin 2022: € 83,932 First fiscal year in the series	€ 354,722 Gross margin 2023: € 354,722 ▲ € 270,790 vs 2022 (€ 83,932) Favourable step	€ 354,419 Gross margin 2024: € 354,419 Unchanged (€ 354,722) Unfavourable step	€ 456,223 Gross margin 2025: € 456,223 ▲ 29% vs 2024 (€ 354,419) Favourable step	▲ 29%
Equity	€ 61,500 Equity 2022: € 61,500 First fiscal year in the series	€ 61,500 Equity 2023: € 61,500 Unchanged (€ 61,500) Unchanged	€ 61,500 Equity 2024: € 61,500 Unchanged (€ 61,500) Unchanged	€ 61,500 Equity 2025: € 61,500 Unchanged (€ 61,500) Unchanged
Total debts	€ 4,913,252 Total debts 2022: € 4,913,252 First fiscal year in the series	€ 4,462,179 Total debts 2023: € 4,462,179 ▼ 9% vs 2022 (€ 4,913,252) Favourable step	€ 3,968,416 Total debts 2024: € 3,968,416 ▼ 11% vs 2023 (€ 4,462,179) Favourable step	€ 3,250,007 Total debts 2025: € 3,250,007 ▼ 18% vs 2024 (€ 3,968,416) Favourable step	▼ 18%
Cash	€ 57,962 Cash 2022: € 57,962 First fiscal year in the series	€ 57,864 Cash 2023: € 57,864 Unchanged (€ 57,962) Unfavourable step	€ 59,355 Cash 2024: € 59,355 ▲ 3% vs 2023 (€ 57,864) Favourable step	€ 58,469 Cash 2025: € 58,469 ▼ 1% vs 2024 (€ 59,355) Unfavourable step	▼ 1%
Balance sheet total	€ 4,974,752 Balance sheet total 2022: € 4,974,752 First fiscal year in the series	€ 4,523,679 Balance sheet total 2023: € 4,523,679 ▼ 9% vs 2022 (€ 4,974,752) Unchanged	€ 4,029,916 Balance sheet total 2024: € 4,029,916 ▼ 11% vs 2023 (€ 4,523,679) Unchanged	€ 3,311,507 Balance sheet total 2025: € 3,311,507 ▼ 18% vs 2024 (€ 4,029,916) Unchanged	▼ 18%

Key figures of BELWING, 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 BELWING?

What happened at BELWING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2026 Marin GERARDY stepped down as director. NBB
2026 SPARAXIS stepped down as director. NBB
May 20, 2026 New annual accounts for financial year 2025: profit of € 0. Source: NBB ↗
2024 Marin GERARDY became a director. NBB
2017 SPARAXIS became a director. NBB
Apr 13, 2017 Start of the company according to the CBE. KBO

In short

From € 0 profit in 2022 to € 0 profit in 2025.

Original PDFs at the National Bank ↗

Management

Wallonie Entreprendre 80%

The stake of Wallonie Entreprendre comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

BELWING

The shares are held by Wallonie Entreprendre (80%).

Directors

According to the 2025 annual accounts

Marin GERARDY

Director

since 2024 · until 2026

SPARAXIS

Director · represented by Karl - Début 22/07/2025 Adams, Marc - Fin 22/07/2025 Degaute

Also active at: C.P. Bourg, A.M.B., Jean Goldschmidt International, Ateliers Pierre Cerfontaine, Floridienne, Fonderies J. Marichal Ketin et Cie, JUNGLING, MEBF +224 more

since 2017 · until 2026

Shareholders

Wallonie Entreprendre

80%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Avenue Maurice-Destenay 13

4000 Liège

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 43 companies are registered at this address.

All companies at this address →

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SPAQuE

€ 10.6 million revenue · 2025

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€ -22,100 gross margin · 2025

B.E. Fin

€ 2.9 million gross margin · 2025

WE Environnement

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+38 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0674.535.327
VAT number: BE 0674.535.327
Registered office: Avenue Maurice-Destenay 13, 4000 Liège
Names & denominations: BELWING
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 13 April 2017
Peppol: Active · Active since 10 Dec 2025
Activities · NACE: Overige ondersteunende activiteiten in verband met financiële diensten, neg, exclusief verzekeringen en pensioenfondsen

View on CBE Public ↗ Annual accounts (NBB) ↗