Woonstart
0405.220.963 · rovalta.com · 22/09/2026
ACTIVE
Woonstart
Financial year 2025 · closed on 31/12/2025
Net result
-835,2 k €
-19.4% YoY
Revenue
7,3 M €
+30.0% YoY
Equity
15,5 M €
+31.3% YoY
Workforce
17,1 ETP
-0.6% YoY
Overview
What does Woonstart do?
Woonstart is a Private limited company incorporated in 1923. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Tielt. It employs on average 17,1 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0405.220.963
Incorporation
30/08/1923
Legal form
Private limited company
Registered office
Sint-Michielstraat 1A
8700 Tielt · FlandreSee on map
8700 Tielt · FlandreSee on map
Contributed capital
20 000,27 €
Latest accounts
31/12/2025
Average workforce
17,1 ETP
Activities (NACE)
Joint committees (2)
- 339
- 33901
Signals
Good liquidityPositive cashflowPositive EBITDAHealthy social debts
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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 | |||||||||||||||||||||||||||||||||||||||
| Revenue | 7,3 M € | +30.0% | 5,6 M € | -6.5% | 6 M € | +6.6% | 5,7 M € | +57.3% | 3,6 M € | +69.4% | 2,1 M € | -9.0% | 2,3 M € | -38.4% | 3,8 M € | +33.4% | 2,8 M € | +43.9% | 2 M € | +6.0% | 1,9 M € | +3.6% | 1,8 M € | +0.1% | 1,8 M € | +4.3% | 1,7 M € | +6.6% | 1,6 M € | +2.1% | 1,6 M € | +1.4% | 1,6 M € | +8.6% | 1,4 M € | +1.7% | 1,4 M € | +10.3% | 1,3 M € |
| EBITDA | 2,4 M € | +34.2% | 1,8 M € | +2.9% | 1,7 M € | +118% | 784,3 k € | -69.5% | 2,6 M € | +64.3% | 1,6 M € | +64.4% | 953,4 k € | -63.3% | 2,6 M € | -1.0% | 2,6 M € | +67.0% | 1,6 M € | +15.4% | 1,4 M € | +52.8% | 890,2 k € | -37.1% | 1,4 M € | -18.1% | 1,7 M € | +33.4% | 1,3 M € | +7.1% | 1,2 M € | +24.1% | 975,1 k € | +39.7% | 698,2 k € | -17.6% | 847 k € | +5.0% | 806,8 k € |
| Operating result | -421,7 k € | -41.3% | -298,5 k € | -11.7% | -267,2 k € | +53.2% | -571,5 k € | -147% | 1,2 M € | +1382% | 82,8 k € | +116% | -530,1 k € | -141% | 1,3 M € | -5.8% | 1,4 M € | +238% | 402,9 k € | +45.4% | 277 k € | +2440% | -11,8 k € | -103% | 461,9 k € | -44.9% | 838,6 k € | +54.9% | 541,2 k € | -3.7% | 562 k € | +67.0% | 336,6 k € | +102% | 166,4 k € | -56.6% | 383,7 k € | -5.7% | 406,8 k € |
| Net result | -835,2 k € | -19.4% | -699,6 k € | -2.0% | -685,8 k € | +31.6% | -1 M € | -244% | 697,9 k € | +282% | -384 k € | +59.7% | -952,2 k € | -236% | 702,5 k € | -2.1% | 717,8 k € | +399% | -240 k € | -130% | 798,6 k € | +29.1% | 618,7 k € | +10.1% | 562,1 k € | +49.1% | 376,9 k € | +235% | 112,7 k € | +32.8% | 84,8 k € | +46.5% | 57,9 k € | -39.7% | 96 k € | +80.3% | 53,3 k € | -18.5% | 65,4 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 15,5 M € | +31.3% | 11,8 M € | -6.5% | 12,6 M € | +99.2% | 6,3 M € | -14.1% | 7,4 M € | +9.8% | 6,7 M € | -5.9% | 7,2 M € | -12.2% | 8,1 M € | +8.7% | 7,5 M € | +10.0% | 6,8 M € | -4.6% | 7,1 M € | +10.4% | 6,5 M € | +8.4% | 6 M € | +9.6% | 5,4 M € | +6.3% | 5,1 M € | +12.1% | 4,6 M € | -0.8% | 4,6 M € | +8.9% | 4,2 M € | +5.4% | 4 M € | +5.4% | 3,8 M € |
| Total assets | 97,5 M € | +32.7% | 73,5 M € | +0.2% | 73,3 M € | +28.7% | 57 M € | -6.5% | 60,9 M € | -4.0% | 63,5 M € | +0.9% | 62,9 M € | +3.7% | 60,7 M € | +4.3% | 58,2 M € | +6.7% | 54,5 M € | +2.8% | 53 M € | +12.6% | 47,1 M € | +17.0% | 40,2 M € | +2.3% | 39,4 M € | +5.6% | 37,3 M € | +3.5% | 36 M € | +3.7% | 34,7 M € | +2.7% | 33,8 M € | +10.7% | 30,6 M € | +9.3% | 28 M € |
| Cash | 2 M € | +29.5% | 1,6 M € | -66.1% | 4,6 M € | +168% | 1,7 M € | +9.6% | 1,6 M € | -34.5% | 2,4 M € | -13.4% | 2,8 M € | -40.1% | 4,6 M € | +30.4% | 3,6 M € | +80.9% | 2 M € | -28.1% | 2,7 M € | +20.7% | 2,3 M € | +88.4% | 1,2 M € | +96.3% | 613,7 k € | +8.7% | 564,5 k € | +58.2% | 356,7 k € | +64.4% | 217 k € | +7.2% | 202,3 k € | -45.9% | 373,8 k € | -59.4% | 920,6 k € |
| Debts | 81 M € | +32.7% | 61,1 M € | +1.7% | 60 M € | +19.7% | 50,2 M € | -5.5% | 53,1 M € | -5.7% | 56,3 M € | +1.8% | 55,3 M € | +6.3% | 52 M € | +3.7% | 50,2 M € | +7.0% | 46,9 M € | +3.9% | 45,1 M € | +13.8% | 39,7 M € | +18.9% | 33,4 M € | +1.0% | 33 M € | +5.4% | 31,3 M € | +2.2% | 30,6 M € | +4.5% | 29,3 M € | +1.8% | 28,8 M € | +11.8% | 25,8 M € | +10.2% | 23,4 M € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 17,1 ETP | -0.6% | 17,2 ETP | -2.3% | 17,6 ETP | +151% | 7,0 ETP | +22.8% | 5,7 ETP | +11.8% | 5,1 ETP | -8.9% | 5,6 ETP | +9.8% | 5,1 ETP | 0.0% | 5,1 ETP | -3.8% | 5,3 ETP | 0.0% | 5,3 ETP | +17.8% | 4,5 ETP | +32.4% | 3,4 ETP | +21.4% | 2,8 ETP | +7.7% | 2,6 ETP | 0.0% | 2,6 ETP | -16.1% | 3,1 ETP | 0.0% | 3,1 ETP | +47.6% | 2,1 ETP | -30.0% | 3,0 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 15 active · 53 ended
Active mandates
Annick Debonné
ActiveBram De Rammelaere
ActiveClaudine Wittevrongel
ActiveEvy Biebuyck
ActiveHeidi Lievrouw
ActiveHendrik Verkest
ActiveHilde Decoene
ActiveKatrien Delodder
ActiveKobe Deconinck
ActiveLuc Vannieuwenhuyze
ActivePascal Heytens
ActiveSandra Quintyn
ActiveShala Donjeta
ActiveTom Braet
ActiveVirginie Vermaete
ActiveEnded mandates
Simon Bekaert
EndedPascal Baert
EndedHedwig Verdoodt
EndedHedwig Verdoodt
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Full model | Full model | Full 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 | 15/06/2026 | 19/06/2025 | 21/10/2024 | 19/06/2023 | 23/06/2022 | 07/06/2021 |
| General meeting | 09/06/2026 | 10/06/2025 | 11/06/2024 | 01/06/2023 | 02/06/2022 | 03/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
52 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 09/06/2026 | 15/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 10/06/2025 | 19/06/2025 | Dutch | |
| Abridged modelCorrection | 31/12/2023 | 11/06/2024 | 21/10/2024 | Dutch | |
| Abridged model | 31/12/2023 | 11/06/2024 | 24/06/2024 | Dutch | |
| Full model | 31/12/2022 | 01/06/2023 | 19/06/2023 | Dutch | |
| Full model | 31/12/2021 | 02/06/2022 | 23/06/2022 | Dutch | |
| Full model | 31/12/2020 | 03/06/2021 | 07/06/2021 | Dutch | |
| Full model | 31/12/2019 | 02/07/2020 | 15/07/2020 | Dutch | |
| Full model | 31/12/2018 | 06/06/2019 | 26/06/2019 | Dutch | |
| Full model | 31/12/2017 | 11/06/2018 | 25/06/2018 | Dutch | |
| Full model | 31/12/2016 | 12/06/2017 | 10/07/2017 | Dutch | |
| Full model | 31/12/2015 | 02/06/2016 | 17/06/2016 | Dutch | |
| Full model | 31/12/2014 | 04/06/2015 | 26/06/2015 | Dutch | |
| Full model | 31/12/2013 | 05/06/2014 | 01/07/2014 | Dutch | |
| Full model | 31/12/2012 | 20/06/2013 | 15/07/2013 | Dutch | |
| Full model | 31/12/2011 | 07/06/2012 | 29/06/2012 | Dutch | |
| Full model | 31/12/2010 | 08/06/2011 | 16/06/2011 | Dutch | |
| Full model | 31/12/2009 | 03/06/2010 | 06/07/2010 | Dutch | |
| Full model | 31/12/2008 | 04/06/2009 | 10/06/2009 | Dutch | |
| Full model | 31/12/2007 | 05/06/2008 | 09/06/2008 | Dutch | |
| Full modelCorrection | 31/12/2006 | 07/06/2007 | 04/09/2007 | Dutch | |
| Full model | 31/12/2006 | 07/06/2007 | 12/06/2007 | Dutch | |
| Full model | 31/12/2005 | 01/06/2006 | 07/06/2006 | Dutch | |
| Full model | 31/12/2004 | 02/06/2005 | 07/06/2005 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 k€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 15 active · 53 ended
Active mandates
Annick Debonné
ActiveBram De Rammelaere
ActiveClaudine Wittevrongel
ActiveEvy Biebuyck
ActiveHeidi Lievrouw
ActiveHendrik Verkest
ActiveHilde Decoene
ActiveKatrien Delodder
ActiveKobe Deconinck
ActiveLuc Vannieuwenhuyze
ActivePascal Heytens
ActiveSandra Quintyn
ActiveShala Donjeta
ActiveTom Braet
ActiveVirginie Vermaete
ActiveEnded mandates
Simon Bekaert
EndedPascal Baert
EndedHedwig Verdoodt
EndedHedwig Verdoodt
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Restructuring06/05/2026RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring23/01/2026KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates15/10/2025ONTSLAGEN - BENOEMINGEN
- Mandates22/07/2025ONTSLAGEN - BENOEMINGEN
- Restructuring07/05/2025RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring04/09/2023BENAMING - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
- Capital / shares01/08/2023KAPITAAL - AANDELEN
- Restructuring08/05/2023RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 30/06/2026split
- 2025Annual accounts 2025-835,2 k €↓
- 30/06/2025augmentation_capital
- 20/03/2025nominationEvy Biebuyck — bestuurder
- 20/03/2025nominationClaudine Wittevrongel — bestuurder
- 20/03/2025nominationBram De Rammelaere — bestuurder
- 20/03/2025nominationKobe Deconinck — bestuurder
- 20/03/2025nominationShala Donjeta — bestuurder
- 20/03/2025nominationPascal Heytens — bestuurder
- 20/03/2025nominationVirginie Vermaete — bestuurder
- 20/03/2025nominationAnnick Debonné — bestuurder
- 20/03/2025nominationHendrik Verkest — bestuurder
- 20/03/2025nominationSandra Quintyn — bestuurder
- 01/01/2025augmentation_capital
- 2024Annual accounts 2024-699,6 k €↓
- 11/06/2024nominationNV Callens - Vandelanotte — commissaris / bedrijfsrevisor
- 2023Annual accounts 2023-685,8 k €↑
- 30/06/2023split
- 30/06/2023apport
- 09/03/2023nominationKris Verwaeren — Algemeen Directeur
- 09/03/2023nominationPeter De Clerck — Operationeel Directeur
- 2023Name changeWoonstart
- 01/01/2023apport
- 2022Annual accounts 2022-1 M €↓
- 2021Annual accounts 2021697,9 k €↑
- 2021Name changeTieltse Bouwmaatschappij
- 2020Annual accounts 2020-384 k €↑
- 2019Annual accounts 2019-952,2 k €↓
- 2018Annual accounts 2018702,5 k €↓
- 2017Annual accounts 2017717,8 k €↑
- 2016Annual accounts 2016-240 k €↓
- 2015Annual accounts 2015798,6 k €↑
- 2014Annual accounts 2014618,7 k €↑
- 2013Annual accounts 2013562,1 k €↑
- 2012Annual accounts 2012376,9 k €↑
- 2011Annual accounts 2011112,7 k €↑
- 2010Annual accounts 201084,8 k €↑
- 2009Annual accounts 200957,9 k €↓
- 2008Annual accounts 200896 k €↑
- 2007Annual accounts 200753,3 k €↓
- 2006Annual accounts 200665,4 k €
- 30/08/1923IncorporationPrivate limited company