Active · per the CBE, 29 October 2026

SHW

BE0786882509

Rechtspersoon Private limited company 1 establishment

SHW is a wholesaler in Temse. Private Limited, started on 7 June 2022, 1 establishment.

Haagdam 2A, 9140 Temse

Behind the company: HEMCOR, FRELOTTE.

Active for

4 year, 4 months

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 3 of the last 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

Financials

Financial year 2025

SHW from Temse, company number BE0786882509, closed financial year 2025 with a result of € -204,785 after tax. For that financial year SHW recorded revenue of € 12.3 million and equity of € -255,491. Compared with financial year 2024, the result moved from € -14,783 to € -204,785. The company made a loss. 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 June 26, 2026.

What it is worth Caution

€ -255,491

▼ € 204,785 vs 2024

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

Loss Caution

€ -204,785

▼ 1285 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 52,557

▼ 41% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -260,491.

People and assets in 2025

Full-time equivalents

13.1

▲ 9.2 vs 2024

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

Wage cost

€ 774,518

▲ € 630,987 vs 2024

€ 59,100 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

€ 1.2 million

▲ 2% vs 2024

Of which on lease € 1.2 million.

Debts at end 2025

Bank debt ≈ 6 years to go

€ 2.9 million

▲ 134% vs 2024

€ 194,589 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 1.5 million

▼ 19% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 47 days on average.

Taxes and wages

€ 113,259

▲ 108% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
202320242025Change 2024 → 2025
Revenue € 138,194 € 4,091,343 € 12,284,133 ▲ 200%
Profit after taxes € -40,923 € -14,783 € -204,785 ▼ € 190,002
Equity € -35,923 € -50,706 € -255,491 ▼ € 204,785
Total debts € 701,048 € 5,171,171 € 9,279,446 ▲ 79%
Cash € 28,286 € 89,362 € 52,557 ▼ 41%
Retained profit € -40,923 € -55,706 € -260,491 ▼ € 204,785
Bank debt € 0 € 1,224,356 € 2,866,288 ▲ 134%
Balance sheet total € 665,124 € 5,120,465 € 9,023,955 ▲ 76%
Employees (FTE) - 3.9 13.1 ▲ 9.2

Key figures of SHW, fiscal years 2023 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 SHW?

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

  • New annual accounts for financial year 2025: loss of € 204,785. Source: NBB ↗
  • New establishment in Temse. KBO
  • Start of the company according to the CBE. KBO
  • HEMCOR became a director. NBB
  • FRELOTTE became a director. NBB

In short

From € 40,923 loss in 2023 to € 204,785 loss in 2025.

Paid € 301 in corporate taxes since 2023.

Pays suppliers within 47 days on average.

Management

HEMCOR 50%

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

SHW

Behind SHW are HEMCOR and FRELOTTE. The shares are held by FRELOTTE (50%) and HEMCOR (50%).

Directors

According to the 2025 annual accounts

HEMCOR

Director · represented by Frederick Hemelaer

Also active at: Hempo BV, HEMVEE, HEMELAER, H+ BV

since 2022

FRELOTTE

Director · represented by Hans Hemelaer

Also active at: CDM, HAAGDAM, HEMCOR, Hempo BV, HEMVEE, HEMELAER

since 2022

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Haagdam 2A

9140 Temse

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 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
0786.882.509
VAT number
BE 0786.882.509
Registered office
Haagdam 2A, 9140 Temse
Names & denominations
SHW
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
7 June 2022
Peppol
Active · Active since 26 Nov 2025
Activities · NACE

Groothandel in vlees en vleesproducten, uitgezonderd vlees van wild en van gevogelte

Activiteiten van slachthuizen

Verwerking en conservering van vlees, exclusief vlees van gevogelte

Frequently asked questions

What does SHW do?
SHW is a wholesaler in Temse. Private Limited, started on 7 June 2022, 1 establishment.
What is the address of SHW?
The registered office of SHW is located at Haagdam 2A, 9140 Temse.
Is SHW still active?
Yes. According to the CBE (29 October 2026) SHW is active, legal situation “Normale toestand”, started on 7 June 2022.
Is SHW registered on Peppol?
Yes, SHW is registered on the Peppol network with ID 0208:0786882509.
What is the enterprise number of SHW?
The enterprise number of SHW is BE0786882509.
When was SHW founded?
SHW was founded on 7 June 2022.