Financials
Financial year 2025
CSW-HOLDING from Mont-de-l'Enclus, company number BE0677453641, closed financial year 2025 with a result of € 197,375 after tax. For that financial year CSW-HOLDING recorded a gross margin of € -9,134 and equity of € 2.6 million. Compared with financial year 2024, the result moved from € 562,409 to € 197,375. The company is profitable. 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 January 7, 2026.
€ 2.6 million
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 197,375
▼ 65% vs 2024
Profit after tax over the fiscal year.
€ 50,513
▼ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 646,002 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 284,589
▼ 16% vs 2024
€ 55,454 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 7,170
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,738
▼ 65% 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 | € -4,094 | € -12,428 | € -10,132 | € -9,134 | ▲ € 998 |
| Profit after taxes | € 36,848 | € 186,133 | € 562,409 | € 197,375 | ▼ 65% |
| Equity | € 2,268,916 | € 2,455,050 | € 3,017,458 | € 2,568,831 | ▼ 15% |
| Total debts | € 511,593 | € 475,581 | € 403,526 | € 311,496 | ▼ 23% |
| Cash | € 74,970 | € 150,308 | € 595,143 | € 50,513 | ▼ 92% |
| Retained profit | € 788,916 | € 975,050 | € 1,537,458 | € 1,088,831 | ▼ 29% |
| Dividend | € 0 | € 0 | € 0 | € 646,002 | |
| Bank debt | € 446,371 | € 393,196 | € 339,272 | € 284,589 | ▼ 16% |
| Balance sheet total | € 2,780,509 | € 2,930,631 | € 3,420,984 | € 2,880,327 | ▼ 16% |
Key figures of CSW-HOLDING, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to CSW-HOLDING?
What happened at CSW-HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 197,375 (▼ 65% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- Christophe WAELENS became a director. NBB
In short
From € 36,848 profit in 2022 to € 197,375 profit in 2025.
Paid € 98,277 in corporate taxes since 2022.
Best year ever: 2024, with € 562,409 profit.
Paid out € 646,002 in dividends to the owners in total.
Management
Behind CSW-HOLDING is Christophe WAELENS. It owns 49.5% of SCI CEGEFIMMO and 19.3% of SAINT ELOI DEVELOPPEMENT itself.
Directors
According to the 2025 annual accounts
since 2017
Establishments
Establishment units
Physical locations of this company
Route d'Amougies(AN) 76
7750 Mont-de-l'Enclus
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0677.453.641
- VAT number
- BE 0677.453.641
- Registered office
- Route d'Amougies(AN) 76, 7750 Mont-de-l'Enclus
- Names & denominations
- CSW-HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 June 2017
- Peppol
- Active · Active since 17 Dec 2025