Financials
Financial year 2025
GNADW from Knokke-Heist, company number BE1005765185, closed financial year 2025 with a result of € 115,902 after tax. For that financial year GNADW recorded a gross margin of € 167,035 and equity of € 190,375. Compared with financial year 2024, the result moved from € 69,473 to € 115,902. Profitable, and profit is growing. 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 31, 2026.
€ 190,375
▲ 156% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 115,902
▲ 67% vs 2024
Profit after tax over the fiscal year.
€ 303,519
▲ 143% 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 € 185,375.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 551
▼ 40% 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.
€ 11,287
Supplier invoices still open on the last day of the fiscal year.
€ 114,470
▲ 206% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 107,735 | € 167,035 | ▲ 55% |
| Profit after taxes | € 69,473 | € 115,902 | ▲ 67% |
| Equity | € 74,473 | € 190,375 | ▲ 156% |
| Total debts | € 148,102 | € 147,242 | ▼ 1% |
| Cash | € 124,815 | € 303,519 | ▲ 143% |
| Retained profit | € 69,473 | € 185,375 | ▲ 167% |
| Balance sheet total | € 222,576 | € 337,617 | ▲ 52% |
Key figures of GNADW, fiscal years 2024 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 GNADW?
What happened at GNADW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 115,902 (▲ 67% vs 2024). filed late Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- ALEX DE WULF became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 69,473 profit in 2024 to € 115,902 profit in 2025.
Paid € 87,092 in corporate taxes since 2024.
Best year ever: 2025, with € 115,902 profit.
Management
Behind GNADW is ALEX DE WULF. ALEX DE WULF is also behind ADW GN and NOTULI, geassocieerde notarissen.
Directors
According to the 2025 annual accounts
since 2024
Establishments
Establishment units
Physical locations of this company
Bosduivenlaan 13
8300 Knokke-Heist
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
- 1005.765.185
- VAT number
- BE 1005.765.185
- Registered office
- Bosduivenlaan 13, 8300 Knokke-Heist
- Names & denominations
- GNADW
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 February 2024
- Peppol
- Active · Active since 2 Oct 2025
- Activities · NACE
Activiteiten van holdings
Holdings
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Activiteiten van hoofdkantoren
Vermogensbeheer
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