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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
CSW Engineering Group from Olne, company number BE0893810557, closed financial year 2025 with a result of € -11,508 after tax. For that financial year CSW Engineering Group recorded a gross margin of € -9,168 and equity of € -413. Compared with financial year 2024, the result moved from € -21,420 to € -11,508. 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 July 29, 2026.
€ -413
▼ € 11,508 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,508
▲ 46 % less loss than in 2024
Profit after tax over the fiscal year.
€ 8,592
▲ 145% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -64,413.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 3,974
▲ € 3,680 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 32,260
▲ 261% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 64,994 | € 85,351 | € 27,674 | € -9,168 | ▼ € 36,841 |
| Profit after taxes | € 4,450 | € 3,798 | € -21,420 | € -11,508 | ▲ € 9,912 |
| Equity | € 28,718 | € 32,516 | € 11,096 | € -413 | ▼ € 11,508 |
| Total debts | € 33,892 | € 30,279 | € 15,771 | € 34,926 | ▲ 121% |
| Cash | € 16,273 | € 11,518 | € 3,505 | € 8,592 | ▲ 145% |
| Retained profit | € -35,282 | € -31,484 | € -52,904 | € -64,413 | ▼ € 11,508 |
| Balance sheet total | € 62,610 | € 62,795 | € 26,867 | € 34,513 | ▲ 28% |
Key figures of CSW Engineering Group, 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 CSW Engineering Group?
What happened at CSW Engineering Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,508. Source: NBB ↗
- Thomas PARTHOENS became a director. NBB
- New establishment in Blégny. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,450 profit in 2022 to € 11,508 loss in 2025.
Paid € 8,033 in corporate taxes since 2022.
Best year ever: 2022, with € 4,450 profit.
Management
Behind CSW Engineering Group is Thomas PARTHOENS.
Directors
According to the 2025 annual accounts
Thomas PARTHOENS
Managing director
since 2018
Establishments
Establishment units
Physical locations of this company
Rièssonsart 109
4877 Olne
Rue Cahorday 1
4671 Blégny
Active since 1 September 2008
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
- 0893.810.557
- VAT number
- BE 0893.810.557
- Registered office
- Rièssonsart 109, 4877 Olne
- Names & denominations
- CSW Engineering Group
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 November 2007
- Peppol
- Active · Active since 30 Sept 2025
- Activities · NACE
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