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 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KW-BEHEER from Mortsel, company number BE0771451886, closed financial year 2025 with a result of € 32,241 after tax. For that financial year KW-BEHEER recorded a gross margin of € 48,503 and equity of € 122,183. Compared with financial year 2024, the result moved from € 27,298 to € 32,241. 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 August 4, 2026.
€ 122,183
▲ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,241
▲ 18% vs 2024
Profit after tax over the fiscal year.
€ 1,382
▼ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 117,183.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 141,168
▼ 21% vs 2024
€ 38,981 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 195
▼ 82% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,113
▲ 16% 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 | € 51,518 | € 38,143 | € 41,427 | € 48,503 | ▲ 17% |
| Profit after taxes | € 33,076 | € 24,568 | € 27,298 | € 32,241 | ▲ 18% |
| Equity | € 38,076 | € 62,644 | € 89,942 | € 122,183 | ▲ 36% |
| Total debts | € 280,628 | € 252,765 | € 212,058 | € 184,157 | ▼ 13% |
| Cash | € 7,569 | € 11,730 | € 4,211 | € 1,382 | ▼ 67% |
| Retained profit | € 33,076 | € 57,644 | € 84,942 | € 117,183 | ▲ 38% |
| Bank debt | € 255,364 | € 217,751 | € 179,687 | € 141,168 | ▼ 21% |
| Balance sheet total | € 318,704 | € 315,408 | € 302,000 | € 306,340 | ▲ 1% |
Key figures of KW-BEHEER, 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 KW-BEHEER?
What happened at KW-BEHEER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 32,241 (▲ 18% vs 2024). filed late Source: NBB ↗
- New establishment in Mortsel. KBO
- Kristina Wustenberghs became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 33,076 profit in 2022 to € 32,241 profit in 2025.
Paid € 46,917 in corporate taxes since 2022.
Best year ever: 2022, with € 33,076 profit.
Management
Behind KW-BEHEER is Kristina Wustenberghs. It owns 100% of RiethPharma itself.
Directors
According to the 2025 annual accounts
Kristina Wustenberghs
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Sint-Hathebrandstraat 6
2640 Mortsel
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
- 0771.451.886
- VAT number
- BE 0771.451.886
- Registered office
- Sint-Hathebrandstraat 6, 2640 Mortsel
- Names & denominations
- KW-BEHEER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 July 2021
- Peppol
- Active · Active since 28 Nov 2025
- Activities · NACE
Activiteiten van holdings
Holdings