Financials
Financial year 2025
HWL SERVICE from Brakel, company number BE0703946321, closed financial year 2025 with a result of € 163,208 after tax. For that financial year HWL SERVICE recorded a gross margin of € 269,543 and equity of € 628,582. Compared with financial year 2024, the result moved from € 125,096 to € 163,208. 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 March 31, 2026.
€ 628,582
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 163,208
▲ 30% vs 2024
Profit after tax over the fiscal year.
€ 622,583
▲ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 74,114 paid out
45 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 77,777
▼ 28% vs 2024
Of which on lease € 65,288.
Debts at end 2025
€ 65,110
▼ 32% vs 2024
€ 35,112 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 12,254
▼ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 39,779
▲ € 35,084 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 | € 155,032 | € 202,248 | € 211,496 | € 269,543 | ▲ 27% |
| Profit after taxes | € 98,306 | € 127,451 | € 125,096 | € 163,208 | ▲ 30% |
| Equity | € 358,931 | € 486,382 | € 539,488 | € 628,582 | ▲ 17% |
| Total debts | € 86,562 | € 129,869 | € 196,906 | € 200,792 | ▲ 2% |
| Cash | € 348,625 | € 458,075 | € 515,060 | € 622,583 | ▲ 21% |
| Retained profit | € 352,731 | € 480,182 | € 533,288 | € 622,382 | ▲ 17% |
| Dividend | € 0 | € 0 | € 71,990 | € 74,114 | ▲ 3% |
| Bank debt | € 54,194 | € 88,827 | € 95,684 | € 65,110 | ▼ 32% |
| Balance sheet total | € 445,493 | € 616,250 | € 736,394 | € 829,374 | ▲ 13% |
Key figures of HWL SERVICE, 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 HWL SERVICE?
What happened at HWL SERVICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 163,208 (▲ 30% vs 2024). Source: NBB ↗
- New establishment in Brakel. KBO
- Start of the company according to the CBE. KBO
- LUDO HOECKMAN became a director. NBB
- WOUTER HOECKMAN became a director. NBB
In short
From € 98,306 profit in 2022 to € 163,208 profit in 2025.
Paid € 216,680 in corporate taxes since 2022.
Best year ever: 2025, with € 163,208 profit.
Paid out € 146,104 in dividends to the owners in total.
Management
Behind HWL SERVICE are LUDO HOECKMAN and WOUTER HOECKMAN.
Directors
According to the 2025 annual accounts
LUDO HOECKMAN
Director
since 2018
WOUTER HOECKMAN
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Kleine Gastenhoek 10
9660 Brakel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0703.946.321
- VAT number
- BE 0703.946.321
- Registered office
- Kleine Gastenhoek 10, 9660 Brakel
- Names & denominations
- HWL SERVICE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 September 2018
- Peppol
- Active · Active since 17 Jun 2025
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