Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ERWAN from Braine-le-Château, company number BE0729760791, closed financial year 2025 with a result of € 13,526 after tax. For that financial year ERWAN recorded a gross margin of € 105,850 and equity of € 5,000. Compared with financial year 2024, the result moved from € -9,413 to € 13,526. 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 January 27, 2026.
€ 5,000
▲ € 9,412 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,526
▲ still € 9,413 loss in 2024
Profit after tax over the fiscal year.
€ 8,444
▲ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4,115 paid out
30 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 11,707
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 14,457
▼ 44% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 255,769
▼ 11% vs 2024
€ 35,343 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 398
▼ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,411
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 159,541 | € 86,177 | € 72,912 | € 105,850 | ▲ 45% |
| Profit after taxes | € 69,363 | € 6,153 | € -9,413 | € 13,526 | ▲ € 22,939 |
| Equity | € 64,848 | € 5,001 | € -4,412 | € 5,000 | ▲ € 9,412 |
| Total debts | € 407,176 | € 392,254 | € 329,099 | € 262,701 | ▼ 20% |
| Cash | € 21,630 | € 17,358 | € 7,407 | € 8,444 | ▲ 14% |
| Retained profit | € 59,848 | € 1 | € -9,412 | € 0 | ▲ € 9,412 |
| Dividend | € 800 | € 66,000 | € 0 | € 4,115 | |
| Bank debt | € 350,661 | € 318,695 | € 288,490 | € 255,769 | ▼ 11% |
| Balance sheet total | € 472,024 | € 397,255 | € 324,687 | € 267,701 | ▼ 18% |
Key figures of ERWAN, 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 January 2027.
What happened to ERWAN?
What happened at ERWAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13,526. Source: NBB ↗
- New establishment in Braine-le-Château. KBO
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 69,363 profit in 2022 to € 13,526 profit in 2025.
Paid € 3,003 in corporate taxes since 2022.
Best year ever: 2022, with € 69,363 profit.
Paid out € 70,915 in dividends to the owners in total.
Management
Behind ERWAN is Yann-Erwan Gillet.
Directors
According to the 2025 annual accounts
Yann-Erwan Gillet
administrateur
Establishments
Establishment units
Physical locations of this company
Sentier des Fiefs 5
1440 Braine-le-Château
Kloosterstraat 44
1020 Brussel
Active since 3 July 2019
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0729.760.791
- VAT number
- BE 0729.760.791
- Registered office
- Sentier des Fiefs 5, 1440 Braine-le-Château
- Names & denominations
- ERWAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 July 2019
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
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