Active · per the CBE, 2 October 2026

Bwarm

BE0698863521

Rechtspersoon Private limited company 1 establishment

Bwarm is a metalworking company in Etterbeek. Private Limited, started on 27 June 2018, 1 establishment.

Reigersvlietstraat 12, 1040 Etterbeek

Behind the company: BENOIT NOVAK.

Active for

8 year, 3 months

Financials

Financial year 2025

Bwarm from Etterbeek, company number BE0698863521, closed financial year 2025 with a result of € 351,146 after tax. For that financial year Bwarm recorded a gross margin of € 693,269 and equity of € 746,815. Compared with financial year 2024, the result moved from € 302,356 to € 351,146. Profitable, and profit is growing. 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 June 19, 2026.

What it is worth Growing

€ 746,815

▲ 32% vs 2024

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

Profit Growing

€ 351,146

▲ 16% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 294,515

▲ 123% vs 2024

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

Where the profit goes Pays out

€ 170,000 paid out

48 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

4.7

▲ 1.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 155,769

▲ 56% vs 2024

€ 33,100 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.

Vehicles and equipment

€ 34,977

▲ 18% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 33,674

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 205,976

▼ 13% vs 2024

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

Taxes and wages

€ 173,764

▲ 122% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 225,176 € 235,860 € 571,227 € 693,269 ▲ 21%
Profit after taxes € 120,339 € 92,872 € 302,356 € 351,146 ▲ 16%
Equity € 188,441 € 263,313 € 565,669 € 746,815 ▲ 32%
Total debts € 167,483 € 140,762 € 319,942 € 511,586 ▲ 60%
Cash € 174,027 € 154,172 € 131,847 € 294,515 ▲ 123%
Retained profit € 176,041 € 250,913 € 553,269 € 734,415 ▲ 33%
Dividend € 800 € 18,000 € 0 € 170,000
Bank debt € 1,485 € 0 € 0 € 33,674
Balance sheet total € 355,924 € 404,075 € 885,611 € 1,258,401 ▲ 42%
Employees (FTE) - 2.4 3.3 4.7 ▲ 1.4

Key figures of Bwarm, 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 Bwarm?

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

  • New annual accounts for financial year 2025: profit of € 351,146 (▲ 16% vs 2024). Source: NBB ↗
  • BENOIT NOVAK became a director. NBB
  • New establishment in Sint-Pieters-Leeuw. KBO
  • Start of the company according to the CBE. KBO

In short

From € 120,339 profit in 2022 to € 351,146 profit in 2025.

Paid € 405,013 in corporate taxes since 2022.

Best year ever: 2025, with € 351,146 profit.

On average € 147,500 of value added per employee in 2025.

Management

BENOIT NOVAK
Bwarm

Behind Bwarm is BENOIT NOVAK.

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Directors

According to the 2025 annual accounts

BENOIT NOVAK

Director

since 2021

Establishments

Establishment units

Physical locations of this company

Registered office

Reigersvlietstraat 12

1040 Etterbeek

2.277.008.088

Laurierplein 6

1600 Sint-Pieters-Leeuw

Active since 29 June 2018

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

Details

Company number
0698.863.521
VAT number
BE 0698.863.521
Registered office
Reigersvlietstraat 12, 1040 Etterbeek
Names & denominations
Bwarm
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
27 June 2018
Peppol
Active · Active since 17 Dec 2025
Activities · NACE

Verspanend bewerken van metalen

Installatie van verwarming, klimaatregeling en ventilatie

Sanitaire werkzaamheden

Uitvoeren van metsel- en voegwerken

Isolatiewerkzaamheden

Reparatie van producten van metaal

Slopen

Metselwerk

+1

Frequently asked questions

What does Bwarm do?
Bwarm is a metalworking company in Etterbeek. Private Limited, started on 27 June 2018, 1 establishment.
What is the address of Bwarm?
The registered office of Bwarm is located at Reigersvlietstraat 12, 1040 Etterbeek.
Is Bwarm still active?
Yes. According to the CBE (2 October 2026) Bwarm is active, legal situation “Normale toestand”, started on 27 June 2018.
Is Bwarm registered on Peppol?
Yes, Bwarm is registered on the Peppol network with ID 0208:0698863521.
What is the enterprise number of Bwarm?
The enterprise number of Bwarm is BE0698863521.
When was Bwarm founded?
Bwarm was founded on 27 June 2018.