ACTIVE

Waaslandse Rijwielcentrale

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Financial year 2025 · closed on 31/12/2025

Net result

357 k €

+18.0% YoY

Gross margin

693,2 k €

+5.2% YoY

Equity

2,1 M €

+8.9% YoY

Workforce

1,0 ETP

-16.7% YoY

What does Waaslandse Rijwielcentrale do?

Waaslandse Rijwielcentrale is a Private company with limited liability incorporated in 1968. Its registered office is in Lokeren. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0405.085.559

Incorporation

01/01/1968

Legal form

Private company with limited liability

Registered office

Klipsenstraat 28
9160 Lokeren · FlandreSee on map

Contributed capital

133 536,71 €

Latest accounts

31/12/2025

Average workforce

1,0 ETP

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	693,2 k €	+5.2%	659 k €	-15.0%	775,4 k €	-28.1%	1,1 M €	+145%	441 k €	-12.0%	501,3 k €	-10.0%	556,8 k €	+24.2%	448,5 k €	-10.6%	501,6 k €	-1.5%	509 k €	+7.0%	475,9 k €	+0.6%	472,8 k €	+19.8%	394,7 k €	+12.9%	349,8 k €	-4.7%	367,1 k €	-14.1%	427,1 k €	-19.7%	532,2 k €	+16.6%	456,4 k €	+3.0%	443 k €	+3.2%	429,3 k €
EBITDA	586,4 k €	+4.7%	560,2 k €	-10.8%	628,2 k €	-29.1%	885,8 k €	+214%	282,2 k €	-24.4%	373,1 k €	-0.5%	375,1 k €	+81.0%	207,2 k €	-41.4%	353,3 k €	+26.3%	279,7 k €	+16.1%	240,9 k €	+15.0%	209,4 k €	+31.1%	159,7 k €	+27.6%	125,2 k €	+1.1%	123,9 k €	+8.9%	113,8 k €	+3.4%	110,1 k €	+2.5%	107,4 k €	-4.3%	112,3 k €	+3.1%	108,9 k €
Operating result	480,4 k €	+9.5%	438,6 k €	-15.3%	518 k €	-34.9%	796,2 k €	+305%	196,7 k €	-29.9%	280,6 k €	-5.7%	297,5 k €	+131%	129 k €	-52.9%	273,9 k €	+18.4%	231,4 k €	+32.7%	174,4 k €	+25.4%	139,1 k €	+65.1%	84,3 k €	+41.3%	59,7 k €	+5.4%	56,6 k €	-5.5%	59,9 k €	+2.3%	58,6 k €	+10.0%	53,2 k €	+1.6%	52,4 k €	+16.4%	45 k €
Net result	357 k €	+18.0%	302,6 k €	+9.5%	276,4 k €	-59.3%	678,7 k €	+384%	140,3 k €	-29.5%	199,1 k €	-15.1%	234,4 k €	+136%	99,3 k €	-41.8%	170,6 k €	+26.4%	134,9 k €	+32.4%	101,9 k €	+38.8%	73,4 k €	+92.4%	38,1 k €	+2.9%	37,1 k €	+94.7%	19 k €	+256%	-12,2 k €	-206%	11,5 k €	-16.8%	13,9 k €	+12.5%	12,3 k €	+392%	2,5 k €
Balance sheet
Equity	2,1 M €	+8.9%	1,9 M €	+18.5%	1,6 M €	+10.6%	1,5 M €	+68.3%	879,8 k €	+6.5%	825,9 k €	+24.2%	664,8 k €	+29.2%	514,4 k €	+41.5%	363,5 k €	+37.2%	264,9 k €	+20.4%	220 k €	+17.0%	188,1 k €	+14.2%	164,7 k €	+1.3%	162,5 k €	+0.7%	161,5 k €	-5.3%	170,4 k €	-15.9%	202,7 k €	-4.0%	211,1 k €	+1.9%	207,2 k €	+0.4%	206,4 k €
Total assets	4,7 M €	+61.1%	2,9 M €	+4.0%	2,8 M €	+1.5%	2,8 M €	+17.2%	2,4 M €	+6.2%	2,2 M €	-2.2%	2,3 M €	+96.6%	1,2 M €	+27.5%	905,5 k €	+8.1%	837,7 k €	+63.8%	511,5 k €	-14.6%	598,9 k €	-20.0%	748,7 k €	-7.4%	808,4 k €	+16.2%	695,8 k €	-1.8%	708,7 k €	-1.0%	716,1 k €	-4.1%	746,4 k €	+2.4%	729 k €	-18.6%	895,7 k €
Cash	435,4 k €	+42.1%	306,4 k €	+31.1%	233,7 k €	-63.4%	639,1 k €	+33.2%	479,8 k €	+0.4%	477,7 k €	-32.2%	705 k €	+187%	245,9 k €	-5.6%	260,6 k €	+89.7%	137,3 k €	+348%	30,6 k €	-69.3%	99,8 k €	+122%	45 k €	-21.3%	57,1 k €	-46.3%	106,4 k €	+6.3%	100,1 k €	-48.6%	194,7 k €	+388%	39,9 k €	-7.6%	43,2 k €	+105%	21 k €
Debts	2,6 M €	+166%	970,2 k €	-14.6%	1,1 M €	-1.5%	1,2 M €	-14.5%	1,3 M €	+6.9%	1,3 M €	-14.6%	1,5 M €	+189%	511,6 k €	+23.6%	413,8 k €	-6.9%	444,5 k €	+172%	163,3 k €	-42.2%	282,6 k €	-38.0%	455,9 k €	-11.9%	517,7 k €	+29.4%	400,2 k €	-4.1%	417,5 k €	+4.4%	399,9 k €	-25.3%	535,3 k €	+2.6%	521,8 k €	-24.3%	689,3 k €
Other
Workforce	1,0 ETP	-16.7%	1,2 ETP	-20.0%	1,5 ETP		–		2,0 ETP		–		2,3 ETP	-17.9%	2,8 ETP	-3.4%	2,9 ETP	-31.0%	4,2 ETP	-6.7%	4,5 ETP	0.0%	4,5 ETP	0.0%	4,5 ETP	+9.8%	4,1 ETP	-8.9%	4,5 ETP	-18.2%	5,5 ETP	-5.2%	5,8 ETP	-3.3%	6,0 ETP	+5.3%	5,7 ETP	-14.9%	6,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Sam Smet

Director · since 10 juin 2023

Active

Ended mandates

Alex Smet

Director

Ended

Alex Smet

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
GELI● Active	0508.455.786
Trick● Active	0841.542.997

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	18/07/2025	26/08/2024	25/07/2023	29/08/2022	30/08/2021
General meeting	29/05/2026	27/06/2025	01/06/2024	01/07/2023	04/06/2022	05/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/05/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	18/07/2025	Dutch	PDF
Abridged model	31/12/2023	01/06/2024	26/08/2024	Dutch	PDF
Abridged model	31/12/2022	01/07/2023	25/07/2023	Dutch	PDF
Abridged model	31/12/2021	04/06/2022	29/08/2022	Dutch	PDF
Micro model	31/12/2020	05/06/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	06/06/2020	29/06/2020	Dutch	PDF
Abridged model	31/12/2018	01/06/2019	25/06/2019	Dutch	PDF
Abridged model	31/12/2017	02/06/2018	26/06/2018	Dutch	PDF
Abridged model	31/12/2016	03/06/2017	23/06/2017	Dutch	PDF
Abridged modelCorrection	31/12/2015	04/06/2016	16/06/2018	Dutch	PDF
Abridged model	31/12/2015	04/06/2016	25/06/2016	Dutch	PDF
Abridged model	31/12/2014	06/06/2015	27/06/2015	Dutch	PDF
Abridged model	31/12/2013	07/06/2014	25/06/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	24/06/2013	Dutch	PDF
Abridged model	31/12/2011	02/06/2012	20/06/2012	Dutch	PDF
Abridged model	31/12/2010	04/06/2011	01/07/2011	Dutch	PDF
Abridged model	31/12/2009	05/06/2010	29/06/2010	Dutch	PDF
Abridged model	31/12/2008	06/06/2009	25/06/2009	Dutch	PDF
Abridged model	31/12/2007	07/06/2008	24/06/2008	Dutch	PDF
Abridged model	31/12/2006	02/06/2007	25/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Sam Smet

Director · since 10 juin 2023

Active

Ended mandates

Alex Smet

Director

Ended

Alex Smet

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/01/2019
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025357 k €↑
2024
Annual accounts 2024302,6 k €↑
2023
Annual accounts 2023276,4 k €↓
2022
Annual accounts 2022678,7 k €↑
2021
Annual accounts 2021140,3 k €↓
2020
Annual accounts 2020199,1 k €↓
2019
Annual accounts 2019234,4 k €↑
2018
Annual accounts 201899,3 k €↓
2017
Annual accounts 2017170,6 k €↑
2016
Annual accounts 2016134,9 k €↑
2015
Annual accounts 2015101,9 k €↑
2014
Annual accounts 201473,4 k €↑
2013
Annual accounts 201338,1 k €↑
2012
Annual accounts 201237,1 k €↑
2011
Annual accounts 201119 k €↑
2010
Annual accounts 2010-12,2 k €↓
2009
Annual accounts 200911,5 k €↓
2008
Annual accounts 200813,9 k €↑
2007
Annual accounts 200712,3 k €↑
2006
Annual accounts 20062,5 k €
01/01/1968
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Waaslandse Rijwielcentrale

Overview

What does Waaslandse Rijwielcentrale do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline