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 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PW HOLDING from Brasschaat, company number BE0810996610, closed financial year 2025 with a result of € 103,975 after tax. For that financial year PW HOLDING recorded a gross margin of € 180,942 and equity of € 346,850. Compared with financial year 2024, the result moved from € 143,521 to € 103,975. The company is profitable. 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 June 15, 2026.
€ 346,850
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 103,975
▼ 28% vs 2024
Profit after tax over the fiscal year.
€ 18,393
▲ € 15,328 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 104,747 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 42,397
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 183,710
▼ 13% vs 2024
€ 25,920 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 483
▲ 245% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,671
▲ 31% 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 | € 71,441 | € 86,834 | € 241,412 | € 180,942 | ▼ 25% |
| Profit after taxes | € 35,493 | € 46,485 | € 143,521 | € 103,975 | ▼ 28% |
| Equity | € 261,128 | € 204,100 | € 347,621 | € 346,850 | |
| Total debts | € 309,027 | € 330,584 | € 230,246 | € 218,464 | ▼ 5% |
| Cash | € 26,838 | € 3,799 | € 3,065 | € 18,393 | ▲ € 15,328 |
| Land & buildings | € 143,000 | € 130,000 | € 117,000 | € 104,000 | ▼ 11% |
| Retained profit | € 248,728 | € 191,700 | € 335,221 | € 334,450 | |
| Dividend | € 0 | € 103,513 | € 0 | € 104,747 | |
| Bank debt | € 235,065 | € 196,040 | € 210,151 | € 183,710 | ▼ 13% |
| Balance sheet total | € 570,155 | € 534,684 | € 577,867 | € 565,314 | ▼ 2% |
Key figures of PW HOLDING, 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 PW HOLDING?
What happened at PW HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 103,975 (▼ 28% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Brasschaat. KBO
In short
From € 35,493 profit in 2022 to € 103,975 profit in 2025.
Paid € 133,625 in corporate taxes since 2022.
Best year ever: 2024, with € 143,521 profit.
Paid out € 208,260 in dividends to the owners in total.
Management
Behind PW HOLDING is Pieter Willekens. It owns 99.6% of Action Travel itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Zegersdreef 73
2930 Brasschaat
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
one.com Mail
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0810.996.610
- VAT number
- BE 0810.996.610
- Registered office
- Zegersdreef 73, 2930 Brasschaat
- Names & denominations
- PW HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 April 2009
- Peppol
- Active · Active since 8 Oct 2025
- Contact
- materdei-zegers.be
- Activities · NACE
Activiteiten van holdings
Holdings