ACTIVE

Wirtschaftsförderungsgesellschaft Ostbelgiens VoG

Financial year 2025 · Closed on 31/12/2025

Net result289,1 k €+34,1 %over 1 year
Gross margin1,6 M €+4,5 %over 1 year
Equity2,3 M €+14,2 %over 1 year
Workforce15,2 ETP+1,3 %over 1 year

Identity

Source · BCE/KBO

Wirtschaftsförderungsgesellschaft Ostbelgiens VoG is a Non-profit organization incorporated in 1954. Its main activity is: Management consultancy activities. Its registered office is in Eupen. It employs on average 15,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0406.514.231
Incorporation
13/12/1954
Legal form
Non-profit organization
Registered office
Hütte 79 box 20
4700 Eupen · WallonieSee on map
Latest accounts
31/12/2025
Average workforce
15,2 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin1,6 M €1,6 M €1,4 M €1,3 M €1,4 M €
EBITDA298,2 k €212,6 k €158,8 k €242,6 k €258,7 k €
Operating result265,2 k €182,4 k €126,3 k €217,3 k €233,6 k €
Net result289,1 k €215,6 k €142,2 k €216,1 k €231,9 k €
Balance sheet
Equity2,3 M €2 M €1,8 M €1,7 M €1,5 M €
Total assets3,2 M €2,7 M €2,6 M €2,3 M €2,1 M €
Cash1,2 M €743,6 k €414,4 k €979,8 k €666,1 k €
Debts861,7 k €643,8 k €736,7 k €583,9 k €538,3 k €
Other
Workforce15,2 ETP15,0 ETP14,8 ETP13,4 ETP15,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

21 active · 164 ended

Active mandates

Boerenbond

Director · since 01 mars 2026 · until 24 juin 2026 · 0676.461.073

Represented by Guido STOFFELS

Active
Arbeitgeberverband und Industrie- und Handelskammer Ostbelgien VoG

Director · since 28 mars 2025 · until 24 juin 2026 · 0407.920.731

Represented by Volker KLINGES

Active
CALYPSO

Director · since 05 février 2025 · until 24 juin 2026 · 0881.768.107

Represented by Hubert BOSTEN

Active
Commune de Bütgenbach

Director · since 05 février 2025 · until 24 juin 2026 · 0207.541.002

Represented by Daniel FRANZEN

Active
Commune de Raeren

Director · since 05 février 2025 · until 24 juin 2026 · 0207.367.984

Represented by Mario PITZ

Active
Daniel FRANZEN

Vice-chairman of the board of directors · since 05 février 2025 · until 24 juin 2026

Active
Hubert BOSTEN

Chairman of the board of directors · since 05 février 2025 · until 24 juin 2026

Active
Mittelstandsvereinigung der Deutschsprachigen Gemeinschaft

Director · since 05 février 2025 · until 24 juin 2026 · 0421.777.774

Represented by Nico WOLFF

Active
REGIERUNG DER DEUTSCHSPRACHIGEN GEMEINSCHAFT

Director · since 05 février 2025 · until 24 juin 2026 · 0850.038.714

Represented by Isabell WEYKMANS

Active
Arbeitsamt der Deutschprachigen Gemeinschaft

Director · since 22 juin 2022 · until 24 juin 2026 · 0267.305.670

Represented by Sabine HERZET

Active
Boerenbond

Director · since 22 juin 2022 · until 01 mars 2026 · 0676.461.073

Represented by Guido STOFFELS

Active
ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS

Director · since 22 juin 2022 · until 24 juin 2026 · 0437.216.117

Represented by Margit Marie VEITHEN

Active
IHK OSTBELGIEN

Director · since 22 juin 2022 · until 28 mars 2025 · 0406.508.093

Represented by Volker KLINGES

Active
Jérôme FRANSSEN

Director · since 22 juin 2022 · until 05 février 2025

Active
Margit VEITHEN

Vice-chairman of the board of directors · since 22 juin 2022 · until 24 juin 2026

Active
Marion DHUR

Vice-chairman of the board of directors · since 22 juin 2022 · until 05 février 2025

Active
Mittelstandsvereinigung der Deutschsprachigen Gemeinschaft

Director · since 22 juin 2022 · until 05 février 2025 · 0421.777.774

Represented by Nico WOLFF

Active
Philippe FELTEN

Chairman of the board of directors · since 22 juin 2022 · until 05 février 2025

Active
REGIERUNG DER DEUTSCHSPRACHIGEN GEMEINSCHAFT

Director · since 22 juin 2022 · until 05 février 2025 · 0850.038.714

Represented by Isabell WEYKMANS

Active
SPI

Director · since 22 juin 2022 · until 24 juin 2026 · 0204.259.135

Represented by Cathérine Louise Anne COLETTE

Active
SYNDICAT FGTB VERVIERS

Director · since 22 juin 2022 · until 24 juin 2026 · 0850.796.205

Represented by Danny LASCHET

Active

Ended mandates

CALYPSO

Chairman of the board of directors · since 05 février 2025 · until 22 juin 2026 · 0881.768.107

Represented by Hubert BOSTEN

Ended
Commune de Bütgenbach

Director · since 05 février 2025 · until 22 juin 2026 · 0207.541.002

Represented by Daniel FRANZEN

Ended
Commune de Raeren

Director · since 05 février 2025 · until 22 juin 2026 · 0207.367.984

Represented by Mario PITZ

Ended
Mittelstandsvereinigung der Deutschsprachigen Gemeinschaft

Director · since 05 février 2025 · until 22 juin 2026 · 0421.777.774

Represented by ANKE MAYNTZ

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/07/202610/06/202504/07/202403/07/202329/06/202211/07/2021
General meeting24/06/202604/06/202527/06/202428/06/202322/06/202217/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202524/06/202610/07/2026GermanPDF
Abridged model31/12/202404/06/202510/06/2025GermanPDF
Abridged model31/12/202327/06/202404/07/2024GermanPDF
Abridged model31/12/202228/06/202303/07/2023GermanPDF
Abridged model31/12/202122/06/202229/06/2022GermanPDF
Abridged model31/12/202017/06/202111/07/2021GermanPDF
Abridged model31/12/201918/06/202015/07/2020GermanPDF
Abridged model31/12/201820/06/201919/08/2019GermanPDF
Abridged model31/12/201721/06/201822/08/2018GermanPDF
Abridged model31/12/201622/06/201717/10/2017FrenchPDF
Abridged model31/12/201515/06/201631/08/2016FrenchPDF
Abridged model31/12/201417/06/201527/08/2015FrenchPDF
Abridged model31/12/201318/06/201413/08/2014FrenchPDF
Abridged model31/12/201218/06/201329/08/2013GermanPDF
Abridged model31/12/201120/06/201222/08/2012FrenchPDF
Abridged model31/12/201029/06/201123/08/2011FrenchPDF
Abridged model31/12/200923/06/201001/09/2010GermanPDF
Abridged model31/12/200824/06/200924/08/2009GermanPDF
Abridged model31/12/200725/06/200829/08/2008GermanPDF
Abridged model31/12/200627/06/200702/08/2007GermanPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Board of directors

Source · NBB, accounts to 31/12/2025

21 active · 164 ended

Active mandates

Boerenbond

Director · since 01 mars 2026 · until 24 juin 2026 · 0676.461.073

Represented by Guido STOFFELS

Active
Arbeitgeberverband und Industrie- und Handelskammer Ostbelgien VoG

Director · since 28 mars 2025 · until 24 juin 2026 · 0407.920.731

Represented by Volker KLINGES

Active
CALYPSO

Director · since 05 février 2025 · until 24 juin 2026 · 0881.768.107

Represented by Hubert BOSTEN

Active
Commune de Bütgenbach

Director · since 05 février 2025 · until 24 juin 2026 · 0207.541.002

Represented by Daniel FRANZEN

Active
Commune de Raeren

Director · since 05 février 2025 · until 24 juin 2026 · 0207.367.984

Represented by Mario PITZ

Active
Daniel FRANZEN

Vice-chairman of the board of directors · since 05 février 2025 · until 24 juin 2026

Active
Hubert BOSTEN

Chairman of the board of directors · since 05 février 2025 · until 24 juin 2026

Active
Mittelstandsvereinigung der Deutschsprachigen Gemeinschaft

Director · since 05 février 2025 · until 24 juin 2026 · 0421.777.774

Represented by Nico WOLFF

Active
REGIERUNG DER DEUTSCHSPRACHIGEN GEMEINSCHAFT

Director · since 05 février 2025 · until 24 juin 2026 · 0850.038.714

Represented by Isabell WEYKMANS

Active
Arbeitsamt der Deutschprachigen Gemeinschaft

Director · since 22 juin 2022 · until 24 juin 2026 · 0267.305.670

Represented by Sabine HERZET

Active
Boerenbond

Director · since 22 juin 2022 · until 01 mars 2026 · 0676.461.073

Represented by Guido STOFFELS

Active
ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS

Director · since 22 juin 2022 · until 24 juin 2026 · 0437.216.117

Represented by Margit Marie VEITHEN

Active
IHK OSTBELGIEN

Director · since 22 juin 2022 · until 28 mars 2025 · 0406.508.093

Represented by Volker KLINGES

Active
Jérôme FRANSSEN

Director · since 22 juin 2022 · until 05 février 2025

Active
Margit VEITHEN

Vice-chairman of the board of directors · since 22 juin 2022 · until 24 juin 2026

Active
Marion DHUR

Vice-chairman of the board of directors · since 22 juin 2022 · until 05 février 2025

Active
Mittelstandsvereinigung der Deutschsprachigen Gemeinschaft

Director · since 22 juin 2022 · until 05 février 2025 · 0421.777.774

Represented by Nico WOLFF

Active
Philippe FELTEN

Chairman of the board of directors · since 22 juin 2022 · until 05 février 2025

Active
REGIERUNG DER DEUTSCHSPRACHIGEN GEMEINSCHAFT

Director · since 22 juin 2022 · until 05 février 2025 · 0850.038.714

Represented by Isabell WEYKMANS

Active
SPI

Director · since 22 juin 2022 · until 24 juin 2026 · 0204.259.135

Represented by Cathérine Louise Anne COLETTE

Active
SYNDICAT FGTB VERVIERS

Director · since 22 juin 2022 · until 24 juin 2026 · 0850.796.205

Represented by Danny LASCHET

Active

Ended mandates

CALYPSO

Chairman of the board of directors · since 05 février 2025 · until 22 juin 2026 · 0881.768.107

Represented by Hubert BOSTEN

Ended
Commune de Bütgenbach

Director · since 05 février 2025 · until 22 juin 2026 · 0207.541.002

Represented by Daniel FRANZEN

Ended
Commune de Raeren

Director · since 05 février 2025 · until 22 juin 2026 · 0207.367.984

Represented by Mario PITZ

Ended
Mittelstandsvereinigung der Deutschsprachigen Gemeinschaft

Director · since 05 février 2025 · until 22 juin 2026 · 0421.777.774

Represented by ANKE MAYNTZ

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates29/04/2025
    ENTLASSUNG - ERNENNUNG - SATZUNGEN (UEBERSETZUNG, KOORDINATION, ANDERE AENDERUNGEN, …)
    PDF
  • Mandates18/10/2024
    ENTLASSUNG - ERNENNUNG
    PDF
  • Mandates26/10/2023
    ENTLASSUNG - ERNENNUNG - SATZUNGEN (UEBERSETZUNG, KOORDINATION, ANDERE AENDERUNGEN, …)
    PDF
  • Mandates30/09/2022
    ENTLASSUNG - ERNENNUNG
    PDF
  • Mandates11/01/2022
    KAPITAL - AKTIEN - ENTLASSUNG - ERNENNUNG
    PDF
  • Mandates04/08/2021
    ENTLASSUNG - ERNENNUNG
    PDF
  • Mandates05/01/2021
    ENTLASSUNG - ERNENNUNG - SATZUNGEN (UEBERSETZUNG, KOORDINATION, ANDERE AENDERUNGEN, …)
    PDF
  • Mandates18/07/2019
    ENTLASSUNG - ERNENNUNG
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025289,1 k €↑
  2. 2024
    Annual accounts 2024215,6 k €↑
  3. 2023
    Annual accounts 2023142,2 k €↓
  4. 2022
    Annual accounts 2022216,1 k €↓
  5. 2021
    Annual accounts 2021231,9 k €↑
  6. 2020
    Annual accounts 2020200 k €↑
  7. 2019
    Annual accounts 2019143 k €↓
  8. 2018
    Annual accounts 2018185,8 k €↓
  9. 2017
    Annual accounts 2017193,4 k €↑
  10. 2016
    Annual accounts 2016114,2 k €↑
  11. 2015
    Annual accounts 201538,5 k €↓
  12. 2014
    Annual accounts 2014102,4 k €↑
  13. 2013
    Annual accounts 201345 k €↑
  14. 2012
    Annual accounts 201221,7 k €↑
  15. 2011
    Annual accounts 201110,9 k €↓
  16. 2010
    Annual accounts 201054 k €↓
  17. 2009
    Annual accounts 200969,7 k €↑
  18. 2008
    Annual accounts 2008-135,1 k €↓
  19. 2007
    Annual accounts 2007-31 k €
  20. 13/12/1954
    IncorporationNon-profit organization