Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
19 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
KWAAR from Zwevegem, company number BE0740501958, closed financial year 2025 with a result of € -5,193 after tax. For that financial year KWAAR recorded a gross margin of € -3,134 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € -5,802 to € -5,193. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 1.1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,193
▲ 10 % less loss than in 2024
Profit after tax over the fiscal year.
€ 242
▼ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -36,471.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 770
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,403 | € -1,153 | € -1,169 | € -3,134 | ▼ € 1,965 |
| Profit after taxes | € -5,469 | € -5,894 | € -5,802 | € -5,193 | ▲ € 609 |
| Equity | € 1,080,418 | € 1,074,524 | € 1,068,722 | € 1,063,529 | |
| Total debts | € 13,962 | € 17,514 | € 20,617 | € 31,606 | ▲ 53% |
| Cash | € 59 | € 381 | € 261 | € 242 | ▼ 7% |
| Land & buildings | € 1,089,000 | € 1,089,000 | € 1,089,000 | € 1,094,893 | ▲ 1% |
| Retained profit | € -19,582 | € -25,476 | € -31,278 | € -36,471 | ▼ € 5,193 |
| Balance sheet total | € 1,094,380 | € 1,092,038 | € 1,089,339 | € 1,095,135 | ▲ 1% |
Key figures of KWAAR, 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 KWAAR?
What happened at KWAAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,193. Source: NBB ↗
- New establishment in Zwevegem. KBO
- Start of the company according to the CBE. KBO
- Pale Blue Dot BV became a director. NBB
- DE KLEINE PRINS NV became a director. NBB
In short
From € 5,469 loss in 2022 to € 5,193 loss in 2025.
A new publication or filing at KWAAR? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of PENDRAGON S, De Kleine Prins comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KWAARBehind KWAAR are Pale Blue Dot BV and DE KLEINE PRINS NV. The shares are held by PENDRAGON S (62.2%) and De Kleine Prins (37.9%).
Directors
According to the 2025 annual accounts
Director · represented by Nele Saelens
Also active at: BERSAL, De Kleine Prins, PENDRAGON S, ROCON, LAUTUS, FIORANO S, Hestia S
since 2019
Director · represented by Dieder Saelens
Also active at: SB AGRO, BERSAL, PENDRAGON S, ROCON, SCALDOPACK, Immo De Savaan, PLANTFOCUS, FIORANO S +1 more
since 2019
Shareholders
62.2%
37.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Harelbeekstraat(Z) 169 box 101
8550 Zwevegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.
All companies at this address →BERSAL same network
€ -69,571 gross margin · 2025
De Kleine Prins same network
€ 207,986 gross margin · 2025
PENDRAGON S same network
€ 132,147 gross margin · 2025
ROCON same network
€ 18,072 gross margin · 2025
LAUTUS same network
€ -1,201 gross margin · 2025
+14 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0740.501.958
- VAT number
- BE 0740.501.958
- Registered office
- Harelbeekstraat(Z) 169 bus 101, 8550 Zwevegem
- Names & denominations
- KWAAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 December 2019
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
Activiteiten van holdings