What does MRW Belgium do?

MRW Belgium is an electrical contractor in Peer. Private Limited, started on 17 January 2019, 1 establishment.

What is the address of MRW Belgium?

The registered office of MRW Belgium is located at Peerderbaan 85, 3990 Peer.

Is MRW Belgium still active?

Yes. According to the CBE (30 October 2026) MRW Belgium is active, legal situation “Normale toestand”, started on 17 January 2019.

Is MRW Belgium registered on Peppol?

Yes, MRW Belgium is registered on the Peppol network with ID 0208:0718833544.

What is the enterprise number of MRW Belgium?

The enterprise number of MRW Belgium is BE0718833544.

When was MRW Belgium founded?

MRW Belgium was founded on 17 January 2019.

Who are the directors of MRW Belgium?

According to the 2025 annual accounts, the directors of MRW Belgium are: Rudi Renckens, Sander Renckens.

Is MRW Belgium a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 17 January 2019; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did MRW Belgium make in 2025?

MRW Belgium posted a profit after taxes of € 658 in financial year 2025.

What is the revenue of MRW Belgium?

As a small company, MRW Belgium is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 579,677.

How much does an employee at MRW Belgium earn?

The average wage cost per full-time employee at MRW Belgium was € 38,900 in 2025: staff costs of € 459,361 for 11.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MRW Belgium have?

According to the 2025 annual accounts, MRW Belgium has 11.8 full-time equivalents (FTE).

Does MRW Belgium have a website?

Yes, MRW Belgium has a website at mrw.be.

MRW Belgium (Private Limited) - Peer - BE0718833544

Dossier MRW Belgium, printed on 30 October 2026 from databakkes.be/en/0718833544/mrw-belgium. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MRW Belgium from Peer, company number BE0718833544, closed financial year 2025 with a result of € 658 after tax. For that financial year MRW Belgium recorded a gross margin of € 579,677 and equity of € -17,769. Compared with financial year 2024, the result moved from € -1,734 to € 658. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 28, 2025.

What it is worth Caution

€ -17,769

▲ € 658 vs 2024

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

Profit Growing

€ 658

▲ still € 1,734 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2,557

▼ 57% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -23,969.

People and assets in 2025

Full-time equivalents

11.8

▲ 0.4 vs 2024

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

Wage cost

€ 459,361

▼ 12% vs 2024

€ 38,900 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.

Vehicles and equipment

€ 99,181

▼ 1% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 325,655

▼ 16% vs 2024

€ 152,272 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 145,593

▼ 18% vs 2024

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

Taxes

€ 11,864

▼ 47% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 655,839 Gross margin 2022: € 655,839 First fiscal year in the series	€ 686,633 Gross margin 2023: € 686,633 ▲ 5% vs 2022 (€ 655,839) Favourable step	€ 615,228 Gross margin 2024: € 615,228 ▼ 10% vs 2023 (€ 686,633) Unfavourable step	€ 579,677 Gross margin 2025: € 579,677 ▼ 6% vs 2024 (€ 615,228) Unfavourable step	▼ 6%
Profit after taxes	€ 41,350 Profit after taxes 2022: € 41,350 First fiscal year in the series	€ -16,500 Profit after taxes 2023: € -16,500 ▼ € 57,850 vs 2022 (€ 41,350) Unfavourable step	€ -1,734 Profit after taxes 2024: € -1,734 ▲ € 14,766 vs 2023 (€ -16,500) Favourable step	€ 658 Profit after taxes 2025: € 658 ▲ € 2,392 vs 2024 (€ -1,734) Favourable step	▲ € 2,392
Equity	€ -193 Equity 2022: € -193 First fiscal year in the series	€ -16,693 Equity 2023: € -16,693 ▼ € 16,500 vs 2022 (€ -193) Unfavourable step	€ -18,427 Equity 2024: € -18,427 ▼ € 1,734 vs 2023 (€ -16,693) Unfavourable step	€ -17,769 Equity 2025: € -17,769 ▲ € 658 vs 2024 (€ -18,427) Favourable step	▲ € 658
Total debts	€ 588,300 Total debts 2022: € 588,300 First fiscal year in the series	€ 617,075 Total debts 2023: € 617,075 ▲ 5% vs 2022 (€ 588,300) Unfavourable step	€ 647,995 Total debts 2024: € 647,995 ▲ 5% vs 2023 (€ 617,075) Unfavourable step	€ 546,557 Total debts 2025: € 546,557 ▼ 16% vs 2024 (€ 647,995) Favourable step	▼ 16%
Cash	€ 16,032 Cash 2022: € 16,032 First fiscal year in the series	€ 28,523 Cash 2023: € 28,523 ▲ 78% vs 2022 (€ 16,032) Favourable step	€ 5,888 Cash 2024: € 5,888 ▼ 79% vs 2023 (€ 28,523) Unfavourable step	€ 2,557 Cash 2025: € 2,557 ▼ 57% vs 2024 (€ 5,888) Unfavourable step	▼ 57%
Land & buildings	-	-	-	€ 3,591 Land & buildings 2025: € 3,591 First fiscal year in the series
Retained profit	€ -6,393 Retained profit 2022: € -6,393 First fiscal year in the series	€ -22,893 Retained profit 2023: € -22,893 ▼ € 16,500 vs 2022 (€ -6,393) Unfavourable step	€ -24,627 Retained profit 2024: € -24,627 ▼ € 1,734 vs 2023 (€ -22,893) Unfavourable step	€ -23,969 Retained profit 2025: € -23,969 ▲ € 658 vs 2024 (€ -24,627) Favourable step	▲ € 658
Bank debt	€ 329,143 Bank debt 2022: € 329,143 First fiscal year in the series	€ 358,644 Bank debt 2023: € 358,644 ▲ 9% vs 2022 (€ 329,143) Unfavourable step	€ 387,418 Bank debt 2024: € 387,418 ▲ 8% vs 2023 (€ 358,644) Unfavourable step	€ 325,655 Bank debt 2025: € 325,655 ▼ 16% vs 2024 (€ 387,418) Favourable step	▼ 16%
Balance sheet total	€ 588,107 Balance sheet total 2022: € 588,107 First fiscal year in the series	€ 600,382 Balance sheet total 2023: € 600,382 ▲ 2% vs 2022 (€ 588,107) Unchanged	€ 629,568 Balance sheet total 2024: € 629,568 ▲ 5% vs 2023 (€ 600,382) Unchanged	€ 528,788 Balance sheet total 2025: € 528,788 ▼ 16% vs 2024 (€ 629,568) Unchanged	▼ 16%
Employees (FTE)	11.3 Employees (FTE) 2022: 11.3 First fiscal year in the series	11 Employees (FTE) 2023: 11 ▼ 0.3 vs 2022 (11.3) Unchanged	11.4 Employees (FTE) 2024: 11.4 ▲ 0.4 vs 2023 (11) Unchanged	11.8 Employees (FTE) 2025: 11.8 ▲ 0.4 vs 2024 (11.4) Unchanged	▲ 0.4

Key figures of MRW Belgium, 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 October 2026.

What happened to MRW Belgium?

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

Nov 28, 2025 New annual accounts for financial year 2025: profit of € 658. filed late Source: NBB ↗
Jan 17, 2019 New establishment in Peer. KBO
Jan 17, 2019 Start of the company according to the CBE. KBO

In short

From € 41,350 profit in 2022 to € 658 profit in 2025.

Paid € 14,432 in corporate taxes since 2022.

Best year ever: 2022, with € 41,350 profit.

On average € 49,100 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Rudi Renckens Sander Renckens

MRW Belgium

Micro-B Belgium

Behind MRW Belgium are Rudi Renckens and Sander Renckens. Sander Renckens is also behind Micro-B Belgium.

Directors

According to the 2025 annual accounts

Rudi Renckens

Director

Sander Renckens

Director

Also active at: Micro-B Belgium

Establishments

Establishment units

Physical locations of this company

Registered office

Peerderbaan 85

3990 Peer

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

M.R.W

€ 39,374 gross margin · 2025

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

Website

HTTPS mrw.be

Technologies

Facebook PixelGoogle FontsGoogle Tag ManagerHotjarLightboxNginxOwl CarouselPHPUIKitjQueryreCAPTCHA

Hosting & Email

Email provider

Google Workspace

Hosting

COMBELL-AS, BE

Website info

HTTPS Ja

Indexable pages 29

Languages NL

Features

Blog Jobs Ads Contact page

Security

✓ HTTPS

✓ SPF

✓ DMARC

Details

Company number

0718.833.544

VAT number

BE 0718.833.544

Registered office

Peerderbaan 85, 3990 Peer

Names & denominations

MRW Belgium · MRW

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

17 January 2019

Peppol

Active · Active since 12 May 2025

Contact

mrw.be

Activities · NACE

Algemene elektrotechnische installatiewerken

Schrijnwerk

View on CBE Public ↗ Annual accounts (NBB) ↗