What does IWAfinance do?

IWAfinance is filed with the CBE under the catch-all “Agenten en makelaars in bankdiensten”, a code that says little about what the company actually does. Private Limited, started on 4 October 2019, 1 establishment.

What is the address of IWAfinance?

The registered office of IWAfinance is located at Oostendesteenweg(FICH) 17 box B, 8480 Ichtegem.

Is IWAfinance still active?

Yes. According to the CBE (29 October 2026) IWAfinance is active, legal situation “Normale toestand”, started on 4 October 2019.

Is IWAfinance registered on Peppol?

Yes, IWAfinance is registered on the Peppol network with ID 0208:0735682345.

What is the enterprise number of IWAfinance?

The enterprise number of IWAfinance is BE0735682345.

When was IWAfinance founded?

IWAfinance was founded on 4 October 2019.

Is IWAfinance a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 4 October 2019; 5 annual accounts filed, latest fiscal year 2025; 6 directors known from the annual account.

How much profit did IWAfinance make in 2025?

IWAfinance posted a profit after taxes of € 71,242 in financial year 2025.

What is the revenue of IWAfinance?

As a small company, IWAfinance is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 325,394.

How much does an employee at IWAfinance earn?

The average wage cost per full-time employee at IWAfinance was € 49,200 in 2025: staff costs of € 147,659 for 3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does IWAfinance have?

According to the 2025 annual accounts, IWAfinance has 3 full-time equivalents (FTE).

IWAfinance (Private Limited) - Ichtegem - BE0735682345

Q: Who are the directors of IWAfinance?

According to the 2025 annual accounts, the directors of IWAfinance are: LDC CommV, Vanoost - Willaert Comm.V, IWA Group BV, Luchard CommV, Gidade CommV, Vermeersch-sap VOF.

Dossier IWAfinance, printed on 29 October 2026 from databakkes.be/en/0735682345/iwafinance. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

IWAfinance from Ichtegem, company number BE0735682345, closed financial year 2025 with a result of € 71,242 after tax. For that financial year IWAfinance recorded a gross margin of € 325,394 and equity of € 185,962. Compared with financial year 2024, the result moved from € 73,201 to € 71,242. 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 15, 2026.

What it is worth Growing

€ 185,962

▲ 62% vs 2024

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

Profit Healthy

€ 71,242

▼ 3% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 75,373

▼ 28% 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 € 165,962.

People and assets in 2025

Full-time equivalents

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

Wage cost

€ 147,659

▼ 9% vs 2024

€ 49,200 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

€ 1,366

▼ 62% 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.

€ 152,112

▲ 65% vs 2024

€ 58,289 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 3,601

▼ 82% vs 2024

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

Taxes and wages

€ 63,350

▲ 5% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 221,407 Gross margin 2022: € 221,407 First fiscal year in the series	€ 230,358 Gross margin 2023: € 230,358 ▲ 4% vs 2022 (€ 221,407) Favourable step	€ 320,249 Gross margin 2024: € 320,249 ▲ 39% vs 2023 (€ 230,358) Favourable step	€ 325,394 Gross margin 2025: € 325,394 ▲ 2% vs 2024 (€ 320,249) Favourable step	▲ 2%
Profit after taxes	€ 29,399 Profit after taxes 2022: € 29,399 First fiscal year in the series	€ 17,871 Profit after taxes 2023: € 17,871 ▼ 39% vs 2022 (€ 29,399) Unfavourable step	€ 73,201 Profit after taxes 2024: € 73,201 ▲ € 55,330 vs 2023 (€ 17,871) Favourable step	€ 71,242 Profit after taxes 2025: € 71,242 ▼ 3% vs 2024 (€ 73,201) Unfavourable step	▼ 3%
Equity	€ 67,648 Equity 2022: € 67,648 First fiscal year in the series	€ 41,519 Equity 2023: € 41,519 ▼ 39% vs 2022 (€ 67,648) Unfavourable step	€ 114,720 Equity 2024: € 114,720 ▲ 176% vs 2023 (€ 41,519) Favourable step	€ 185,962 Equity 2025: € 185,962 ▲ 62% vs 2024 (€ 114,720) Favourable step	▲ 62%
Total debts	€ 237,224 Total debts 2022: € 237,224 First fiscal year in the series	€ 208,251 Total debts 2023: € 208,251 ▼ 12% vs 2022 (€ 237,224) Favourable step	€ 173,110 Total debts 2024: € 173,110 ▼ 17% vs 2023 (€ 208,251) Favourable step	€ 256,451 Total debts 2025: € 256,451 ▲ 48% vs 2024 (€ 173,110) Unfavourable step	▲ 48%
Cash	€ 16,795 Cash 2022: € 16,795 First fiscal year in the series	€ 0 Cash 2023: € 0 ▼ 100% vs 2022 (€ 16,795) Unfavourable step	€ 105,008 Cash 2024: € 105,008 Unchanged (€ 0) Favourable step	€ 75,373 Cash 2025: € 75,373 ▼ 28% vs 2024 (€ 105,008) Unfavourable step	▼ 28%
Retained profit	€ 47,648 Retained profit 2022: € 47,648 First fiscal year in the series	€ 21,519 Retained profit 2023: € 21,519 ▼ 55% vs 2022 (€ 47,648) Unfavourable step	€ 94,720 Retained profit 2024: € 94,720 ▲ € 73,201 vs 2023 (€ 21,519) Favourable step	€ 165,962 Retained profit 2025: € 165,962 ▲ 75% vs 2024 (€ 94,720) Favourable step	▲ 75%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 44,000 Dividend 2023: € 44,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 44,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 184,586 Bank debt 2022: € 184,586 First fiscal year in the series	€ 139,225 Bank debt 2023: € 139,225 ▼ 25% vs 2022 (€ 184,586) Favourable step	€ 92,293 Bank debt 2024: € 92,293 ▼ 34% vs 2023 (€ 139,225) Favourable step	€ 152,112 Bank debt 2025: € 152,112 ▲ 65% vs 2024 (€ 92,293) Unfavourable step	▲ 65%
Balance sheet total	€ 304,871 Balance sheet total 2022: € 304,871 First fiscal year in the series	€ 249,770 Balance sheet total 2023: € 249,770 ▼ 18% vs 2022 (€ 304,871) Unchanged	€ 287,830 Balance sheet total 2024: € 287,830 ▲ 15% vs 2023 (€ 249,770) Unchanged	€ 442,413 Balance sheet total 2025: € 442,413 ▲ 54% vs 2024 (€ 287,830) Unchanged	▲ 54%
Employees (FTE)	-	-	-	3 Employees (FTE) 2025: 3 First fiscal year in the series

Key figures of IWAfinance, 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 IWAfinance?

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

Jul 15, 2026 New annual accounts for financial year 2025: profit of € 71,242 (▼ 3% vs 2024). Source: NBB ↗
Oct 4, 2019 New establishment in Ichtegem. KBO
Oct 4, 2019 Start of the company according to the CBE. KBO
2019 LDC CommV became a director. NBB
2019 Vermeersch-sap VOF became a director. NBB

In short

From € 29,399 profit in 2022 to € 71,242 profit in 2025.

Paid € 69,311 in corporate taxes since 2022.

Best year ever: 2024, with € 73,201 profit.

On average € 108,500 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

IWA Group 100%

The stake of IWA Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

IWAfinance

Behind IWAfinance are LDC CommV, Vanoost - Willaert Comm.V, IWA Group BV, Luchard CommV, Gidade CommV and Vermeersch-sap VOF. The shares are held by IWA Group (100%).

Directors

According to the 2025 annual accounts

LDC CommV

Director · represented by Lieve Decoster

Also active at: IWAssur, IWA Group

since 2019

Vanoost - Willaert Comm.V

Director · represented by Kristof Vanoost

Also active at: IWAssur, IWA Group

IWA Group BV

Director · represented by Hannelore Willaert

Also active at: IWAssur

Luchard CommV

Director · represented by Kevin Moeyaert

Also active at: IWAssur, IWA Group

Gidade CommV

Director · represented by Peter Decoster

Also active at: IWAssur, IWA Group

Vermeersch-sap VOF

Director · represented by Koen Vermeersch

Also active at: IWAssur, IWA Group

since 2019

Shareholders

IWA Group

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Oostendesteenweg(FICH) 17 box B

8480 Ichtegem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

IWAssur same network

€ 181,654 gross margin · 2025

IWA Group same network

€ 78,289 gross margin · 2025

IWA BE

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

Details

Company number: 0735.682.345
VAT number: BE 0735.682.345
Registered office: Oostendesteenweg(FICH) 17 bus B, 8480 Ichtegem
Names & denominations: IWAfinance
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 4 October 2019
Peppol: Active · Active since 5 Jan 2026
Activities · NACE: Agenten en makelaars in bankdiensten

View on CBE Public ↗ Annual accounts (NBB) ↗

IWAfinance

Financials

What happened to IWAfinance?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions