Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GW-SERVICE from Grobbendonk, company number BE0798428279, closed financial year 2025 with a result of € 4,319 after tax. For that financial year GW-SERVICE recorded a gross margin of € 39,412 and equity of € 62,057. Compared with financial year 2024, the result moved from € 21,084 to € 4,319. 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 August 25, 2026.
€ 62,057
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,319
▼ 80% vs 2024
Profit after tax over the fiscal year.
€ 6,222
▼ 64% 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 € 49,557.
People and assets in 2025
€ 67,531
▼ 26% vs 2024
Of which on lease € 56,122.
Debts at end 2025
€ 56,902
▼ 20% vs 2024
€ 15,059 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 738
▼ 83% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,975
▲ 13% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 39,855 | € 45,404 | € 39,412 | ▼ 13% |
| Profit after taxes | € 24,154 | € 21,084 | € 4,319 | ▼ 80% |
| Equity | € 36,654 | € 57,738 | € 62,057 | ▲ 7% |
| Total debts | € 36,224 | € 92,962 | € 86,124 | ▼ 7% |
| Cash | € 3,419 | € 17,416 | € 6,222 | ▼ 64% |
| Retained profit | € 24,154 | € 45,238 | € 49,557 | ▲ 10% |
| Bank debt | € 0 | € 71,364 | € 56,902 | ▼ 20% |
| Balance sheet total | € 72,878 | € 150,700 | € 148,181 | ▼ 2% |
Key figures of GW-SERVICE, 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 GW-SERVICE?
What happened at GW-SERVICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,319 (▼ 80% vs 2024). filed late Source: NBB ↗
- New establishment in Grobbendonk. KBO
- GÜNTHER MICHIELS became a director. NBB
- WENDY VAN BRECHT became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 24,154 profit in 2023 to € 4,319 profit in 2025.
Paid € 10,018 in corporate taxes since 2023.
Best year ever: 2023, with € 24,154 profit.
Management
Behind GW-SERVICE are GÜNTHER MICHIELS and WENDY VAN BRECHT. The same people are also behind GIDWI. WENDY VAN BRECHT is also behind IMMO IRGE and IMMO IRGE GROBBENDONK.
Directors
According to the 2025 annual accounts
since 2023
since 2023
Establishments
Establishment units
Physical locations of this company
Floris Primsstraat 1
2280 Grobbendonk
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0798.428.279
- VAT number
- BE 0798.428.279
- Registered office
- Floris Primsstraat 1, 2280 Grobbendonk
- Names & denominations
- GW-SERVICE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 February 2023
- Peppol
- Active · Active since 1 Jun 2025
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