ACTIVE

WEGENBOUW IVAN VUYLSTEKE

Financial year 2025 · Closed on 31/12/2025

Net result959,8 k €+2 288,7 %over 1 year
Revenue30,9 M €-7,0 %over 1 year
Equity5,1 M €+6,1 %over 1 year
Workforce77,2 ETP-13,7 %over 1 year

Identity

Source · BCE/KBO

WEGENBOUW IVAN VUYLSTEKE is a Private limited company incorporated in 1971. Its registered office is in Tielt. It employs on average 77,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0411.675.918
Incorporation
31/12/1971
Legal form
Private limited company
Registered office
Steenovenstraat 98
8760 Tielt · FlandreSee on map
Contributed capital
200 000,00 €
Latest accounts
31/12/2025
Average workforce
77,2 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 17 financial years

20252024202320222021
Income statement
Revenue30,9 M €33,2 M €26,1 M €25 M €20,7 M €
EBITDA2,1 M €837 k €1,4 M €1,3 M €1,7 M €
Operating result1,4 M €209,7 k €757,8 k €561,6 k €826,3 k €
Net result959,8 k €40,2 k €477,4 k €436,1 k €638,3 k €
Balance sheet
Equity5,1 M €4,8 M €4,8 M €4,3 M €3,9 M €
Total assets16,6 M €19,5 M €19 M €19,2 M €15,4 M €
Cash1,4 M €880,4 k €808,4 k €684,2 k €789,5 k €
Debts11,3 M €14,5 M €13,9 M €14,6 M €11,2 M €
Other
Workforce77,2 ETP89,5 ETP100,2 ETP98,5 ETP99,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 13 ended

Active mandates

Davy Poelaert

Director · since 18 mars 2020

Active
DV CONVEST

Director · since 01 juillet 2012 · 0826.648.549

Represented by Dries Vuylsteke

Active

Ended mandates

DV CONVEST

Director · since 18 mars 2020 · 0826.648.549

Represented by Dries Vuylsteke

Ended
Davy Poelaert

Director · since 19 septembre 2016

Ended
Davy Poelaert

Manager · since 19 septembre 2016

Ended
DV CONVEST

Director · since 01 juillet 2012 · 0826.648.549

Represented by Dries Vuylsteke

Ended

Other companies at this address

Steenovenstraat 98 8760 Tielt
CompanyCBE no.
DV CONVEST● Active
0826.648.549
0452.215.780
Movarec● Active
0873.114.915
MOVATRANS● Active
0865.041.149
SRW GROEP● Active
0561.862.206
SRW HOLDING● Active
0650.896.922
0748.687.273
0787.579.424
0779.987.589
0770.915.913
0759.526.232
1040.485.049

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/07/2019
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 months18 months
Filing date07/07/202628/08/202518/07/202428/07/202327/06/202230/08/2021
General meeting20/06/202628/08/202509/07/202414/07/202327/05/202230/06/2021
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202520/06/202607/07/2026DutchPDF
Full model31/12/202428/08/202528/08/2025DutchPDF
Full model31/12/202309/07/202418/07/2024DutchPDF
Full model31/12/202214/07/202328/07/2023DutchPDF
Full model31/12/202127/05/202227/06/2022DutchPDF
Full model31/12/202030/06/202130/08/2021DutchPDF
Full model30/06/201914/01/202015/01/2020DutchPDF
Full model30/06/201817/12/201801/02/2019DutchPDF
Full model30/06/201708/01/201826/01/2018DutchPDF
Full model30/06/201616/01/201713/02/2017DutchPDF
Full model30/06/201513/02/201618/02/2016DutchPDF
Full model30/06/201424/11/201418/02/2015DutchPDF
Full model30/06/201325/11/201319/02/2014DutchPDF
Full model30/06/201226/11/201211/02/2013DutchPDF
Full model30/06/201128/11/201129/02/2012DutchPDF
Full model30/06/201029/11/201002/02/2011DutchPDF
Full model31/03/200931/08/200930/10/2009DutchPDF
Full model31/03/200825/08/200806/11/2008DutchPDF
Full model31/03/200727/08/200716/11/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

2 active · 13 ended

Active mandates

Davy Poelaert

Director · since 18 mars 2020

Active
DV CONVEST

Director · since 01 juillet 2012 · 0826.648.549

Represented by Dries Vuylsteke

Active

Ended mandates

DV CONVEST

Director · since 18 mars 2020 · 0826.648.549

Represented by Dries Vuylsteke

Ended
Davy Poelaert

Director · since 19 septembre 2016

Ended
Davy Poelaert

Manager · since 19 septembre 2016

Ended
DV CONVEST

Director · since 01 juillet 2012 · 0826.648.549

Represented by Dries Vuylsteke

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates03/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/02/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/04/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates17/08/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/04/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/11/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/03/2015
    ONTSLAGEN - BENOEMINGEN
    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 2025959,8 k €↑
  2. 2024
    Annual accounts 202440,2 k €↓
  3. 2023
    Annual accounts 2023477,4 k €↑
  4. 2022
    Annual accounts 2022436,1 k €↓
  5. 2021
    Annual accounts 2021638,3 k €↑
  6. 2020
    Annual accounts 2020347,6 k €↓
  7. 2019
    Annual accounts 2019868,1 k €↑
  8. 2018
    Annual accounts 2018589,3 k €↑
  9. 2017
    Annual accounts 2017291,4 k €↑
  10. 2016
    Annual accounts 2016-8,8 k €↑
  11. 2015
    Annual accounts 2015-191 k €↓
  12. 2014
    Annual accounts 2014139,6 k €↓
  13. 2013
    Annual accounts 2013292,1 k €↓
  14. 2012
    Annual accounts 2012375,9 k €↑
  15. 2011
    Annual accounts 201159,3 k €↓
  16. 2008
    Annual accounts 2008255,6 k €↑
  17. 2007
    Annual accounts 2007111,8 k €
  18. 31/12/1971
    IncorporationPrivate limited company