Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 65 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 24.6 to 21.
Financials
Financial year 2025
CEGWA from Herstal, company number BE0677599339, closed financial year 2025 with a result of € 73,386 after tax. For that financial year CEGWA recorded revenue of € 3 million and equity of € 20,637. Compared with financial year 2024, the result moved from € -79,901 to € 73,386. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 13, 2026.
€ 20,637
▲ € 73,387 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 73,386
▲ still € 79,901 loss in 2024
Profit after tax over the fiscal year.
€ 69,401
▲ 56% 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 € 2,037.
People and assets in 2025
21
▼ 2.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1 million
€ 49,900 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.
€ 175,441
▼ 35% vs 2024
Of which on lease € 132,409.
Debts at end 2025
€ 248,200
▼ 21% vs 2024
€ 57,625 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 257,445
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 276,251
▼ 30% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,232,204 | € 3,425,474 | € 2,900,480 | € 3,025,455 | ▲ 4% |
| Gross margin | € 1,179,115 | € 1,405,341 | € 1,198,342 | € 1,282,274 | ▲ 7% |
| Profit after taxes | € -37,668 | € 2,681 | € -79,901 | € 73,386 | ▲ € 153,287 |
| Equity | € 24,470 | € 27,151 | € -52,750 | € 20,637 | ▲ € 73,387 |
| Total debts | € 1,010,374 | € 1,078,015 | € 1,073,434 | € 862,315 | ▼ 20% |
| Cash | € 29,750 | € 80,934 | € 44,593 | € 69,401 | ▲ 56% |
| Retained profit | € 5,870 | € 8,551 | € -71,350 | € 2,037 | ▲ € 73,387 |
| Bank debt | € 428,056 | € 437,822 | € 314,717 | € 248,200 | ▼ 21% |
| Balance sheet total | € 1,034,844 | € 1,105,166 | € 1,020,684 | € 882,952 | ▼ 13% |
| Employees (FTE) | 25.1 | 24.6 | 23.3 | 21 | ▼ 2.3 |
Key figures of CEGWA, 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 CEGWA?
What happened at CEGWA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 73,386. Source: NBB ↗
- New establishment in Herstal. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,668 loss in 2022 to € 73,386 profit in 2025.
Paid € 35,071 in corporate taxes since 2022.
Best year ever: 2025, with € 73,386 profit.
On average € 61,100 of value added per employee in 2025.
A new publication or filing at CEGWA? We notify you, reason included.
Follow CEGWADatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Establishments
Establishment units
Physical locations of this company
Rue de l'Abbaye 166 box A
4040 Herstal
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
VERIXI, BE
Website info
Features
Security
Details
- Company number
- 0677.599.339
- VAT number
- BE 0677.599.339
- Registered office
- Rue de l'Abbaye 166 bus A, 4040 Herstal
- Names & denominations
- CEGWA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 June 2017
- Peppol
- Active · Active since 26 Nov 2025
- Contact
- cegwa.be
- Activities · NACE
Chapewerken