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
OW Belgium Netherlands from Brussel, company number BE0696638261, closed financial year 2025 with a result of € 5.9 million after tax. For that financial year OW Belgium Netherlands recorded revenue of € 0 and equity of € 18.6 million. Compared with financial year 2024, the result moved from € 16.9 million to € 5.9 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 18.6 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5.9 million
▼ 65% vs 2024
Profit after tax over the fiscal year.
€ 627,848
▼ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 5.7 million paid out
96 % of the profit went to the shareholders, mostly to OW Offshore Societad Limitada (100 % of the shares). That is where the money ends up.
People and assets in 2025
3.8
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 687,977
▼ 18% vs 2024
€ 181,000 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 144,709
▲ 154% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 40 days on average.
€ 255,688
▼ 22% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 248,103 | € 204,428 | € 178,468 | € 0 | ▼ 100% |
| Profit after taxes | € 35,759 | € 9,149,138 | € 16,870,053 | € 5,944,337 | ▼ 65% |
| Equity | € 15,250,227 | € 24,399,365 | € 18,323,145 | € 18,577,132 | ▲ 1% |
| Total debts | € 3,156,919 | € 1,232,593 | € 915,426 | € 869,085 | ▼ 5% |
| Cash | € 178,455 | € 562,762 | € 2,355,159 | € 627,848 | ▼ 73% |
| Retained profit | € 228,511 | € 9,377,649 | € 2,651,429 | € 2,905,416 | ▲ 10% |
| Dividend | € 1,415,466 | € 0 | € 23,596,273 | € 5,690,350 | ▼ 76% |
| Bank debt | € 975,648 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 18,407,145 | € 25,631,958 | € 19,238,571 | € 19,446,217 | ▲ 1% |
| Employees (FTE) | 2.2 | 4 | 4.5 | 3.8 | ▼ 0.7 |
Key figures of OW Belgium Netherlands, 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 OW Belgium Netherlands?
What happened at OW Belgium Netherlands in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5.9 million (▼ 65% vs 2024). Source: NBB ↗
- Julio Rodriguez Sanchez BAUTISTA stepped down as director. NBB
- Craig WINDRAM stepped down as director. NBB
- Daan VAN HOYWEGHEN stepped down as director. NBB
- Wouter VANDEKERKHOVE stepped down as director. NBB
- Craig WINDRAM became a director. NBB
- Daan VAN HOYWEGHEN became a director. NBB
- Julio Rodriguez Sanchez BAUTISTA became a director. NBB
In short
From € 35,759 profit in 2022 to € 5.9 million profit in 2025.
Paid € 19,503 in corporate taxes since 2022.
Best year ever: 2024, with € 16.9 million profit.
Paid out € 30.7 million in dividends to the owners in total.
A new publication or filing at OW Belgium Netherlands? We notify you, reason included.
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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
Management
The shares are held by OW Offshore Societad Limitada (100%). It owns 17.5% of SEAMADE and 17.5% of NORTH SEA WAVE itself.
Directors
According to the 2025 annual accounts
Julio Rodriguez Sanchez BAUTISTA
Director
since 2022 · until 2026
Craig WINDRAM
Director
since 2024 · until 2026
Wouter VANDEKERKHOVE
Director
since 2022 · until 2026
Daan VAN HOYWEGHEN
Director
since 2024 · until 2026
Shareholders
OW Offshore Societad Limitada
100%
Participations
17.5%
17.5%
Establishments
Establishment units
Physical locations of this company
Simon Bolivarlaan 36
1000 Brussel
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 →Union financière et industrielle
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0696.638.261
- VAT number
- BE 0696.638.261
- Registered office
- Simon Bolivarlaan 36, 1000 Brussel
- Names & denominations
- OW Belgium Netherlands
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 May 2018
- Peppol
- Active · Active since 16 Dec 2025
- Contact
- engie.com
- Activities · NACE
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