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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
SPECIAAL FONDS KWI from Bredene, company number BE0882188868, closed financial year 2025 with a result of € 165,565 after tax. For that financial year SPECIAAL FONDS KWI recorded a gross margin of € 243,818 and equity of € 5.1 million. Compared with financial year 2024, the result moved from € 198,927 to € 165,565. 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 June 2, 2026.
€ 5.1 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 165,565
▼ 17% vs 2024
Profit after tax over the fiscal year.
€ 111,952
▼ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Debts at end 2025
€ 1.5 million
▼ 7% vs 2024
€ 107,275 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 684
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 282,926 | € 273,238 | € 247,388 | € 243,818 | ▼ 1% |
| Profit after taxes | € 131,901 | € 434,755 | € 198,927 | € 165,565 | ▼ 17% |
| Equity | € 4,592,004 | € 4,784,578 | € 4,447,694 | € 5,106,975 | ▲ 15% |
| Total debts | € 1,845,074 | € 1,740,952 | € 1,635,620 | € 1,529,336 | ▼ 6% |
| Cash | € 33,351 | € 291,013 | € 126,285 | € 111,952 | ▼ 11% |
| Land & buildings | € 2,272,212 | € 2,206,862 | € 2,141,512 | € 2,076,162 | ▼ 3% |
| Retained profit | € 400,722 | € 344,985 | € 0 | € 165,565 | |
| Bank debt | € 1,844,820 | € 1,740,258 | € 1,634,799 | € 1,528,436 | ▼ 7% |
| Balance sheet total | € 6,437,078 | € 6,525,530 | € 6,083,314 | € 6,636,311 | ▲ 9% |
Key figures of SPECIAAL FONDS KWI, 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 SPECIAAL FONDS KWI?
What happened at SPECIAAL FONDS KWI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 165,565 (▼ 17% vs 2024). Source: NBB ↗
- Georges Heeren became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 131,901 profit in 2022 to € 165,565 profit in 2025.
Paid € 39,455 in corporate taxes since 2022.
Best year ever: 2023, with € 434,755 profit.
Management
Behind SPECIAAL FONDS KWI are Paul Gerard, Serge Maes, Jan Vercruysse and Georges Heeren. The same people are also behind Koninklijk Werk IBIS. Paul Gerard is also behind INTERNATIONALE LUCHTHAVEN KORTRIJK-WEVELGEM. Serge Maes is also behind MAES & PARTNERS and ECONOMISCH HUIS OOSTENDE. Jan Vercruysse is also behind BLOVER, FOCUS Televisie - Regionale televisie voor het Noorden van West-Vlaanderen and Vatcon.
Directors
According to the 2025 annual accounts
Paul Gerard
Director
Also active at: Koninklijk Werk IBIS, INTERNATIONALE LUCHTHAVEN KORTRIJK-WEVELGEM
Jan Vercruysse
Director
Also active at: Koninklijk Werk IBIS, BLOVER, FOCUS Televisie - Regionale televisie voor het Noorden van West-Vlaanderen, Vatcon
since 2022
Establishments
Establishment units
Physical locations of this company
Prinses Elisabethlaan 13
8450 Bredene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0882.188.868
- VAT number
- BE 0882.188.868
- Registered office
- Prinses Elisabethlaan 13, 8450 Bredene
- Names & denominations
- SPECIAAL FONDS KWI
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 16 June 2006
- Peppol
- Not registered