ACTIVE

De Waaiburg

Financial year 2025 · closed on 31/12/2025
Net result
140,5 k €
-50.6% YoY
Equity
5,1 M €
+11.7% YoY
Workforce
72,3 ETP
+5.1% YoY

What does De Waaiburg do?

De Waaiburg is a Non-profit organization incorporated in 1972. Its main activity is: General secondary education. Its registered office is in Geel. It employs on average 72,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0412.792.804
Incorporation
16/11/1972
Legal form
Non-profit organization
Registered office
Kameinestraat 35
2440 Geel · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
72,3 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross margin4 M €3,5 M €3,5 M €3,5 M €3,3 M €3,1 M €3 M €3 M €
EBITDA274,1 k €371,8 k €303,1 k €301,3 k €301,5 k €158,2 k €77,7 k €156,4 k €546,1 k €148,8 k €61,4 k €206,3 k €95,1 k €83,8 k €17,6 k €103 k €-2,8 M €
Operating result131,2 k €246,4 k €184,6 k €180,4 k €166,3 k €64,9 k €6,4 k €87,8 k €467,8 k €82,2 k €-13,5 k €126,8 k €14,2 k €9,4 k €-49,9 k €50,8 k €-2,8 M €
Net result140,5 k €284,5 k €69,6 k €199,5 k €122,2 k €83 k €-17,2 k €148,6 k €82,6 k €171,8 k €35,7 k €207,4 k €29,2 k €73,4 k €25,1 k €56 k €-2,8 M €
Balance sheet
Equity5,1 M €4,5 M €4,2 M €4,2 M €3,8 M €3,6 M €3,6 M €3,5 M €2,5 M €2,5 M €2,4 M €2,3 M €1,8 M €1,8 M €1 M €999,9 k €946,1 k €
Total assets7 M €6,4 M €6 M €6 M €5,6 M €5,6 M €5,7 M €4,5 M €4,4 M €3,8 M €3,1 M €3 M €3,5 M €2,5 M €2,2 M €2,2 M €2 M €
Cash1,1 M €1,5 M €1,9 M €1,8 M €1,5 M €1,2 M €2,2 M €1,8 M €1,6 M €1,7 M €611 k €596,6 k €1,3 M €397,9 k €367,9 k €428,5 k €308,7 k €
Debts1,9 M €1,8 M €1,8 M €1,8 M €1,8 M €1,8 M €2 M €769,8 k €702,3 k €663,4 k €751 k €663,5 k €1,8 M €705,3 k €752,2 k €858,6 k €733,8 k €
Other
Workforce72,3 ETP68,8 ETP71,1 ETP71,2 ETP68,4 ETP67,4 ETP66,4 ETP66,7 ETP63,3 ETP61,6 ETP61,3 ETP63,8 ETP54,3 ETP58,1 ETP60,4 ETP58,8 ETP60,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 31/12/2025 · 8 active · 20 ended

Active mandates

Bert Leysen

Mandate

Active
Greet VAN HOUT

Mandate

Active
Ivo FRANSEN

Mandate

Active
Karel VAN BAEL

Mandate

Active
Katrin Gilis

Mandate

Active
Marcel DEVRIES

Mandate

Active
Marie-Louise VAN GOOL

Mandate

Active
Simonne Daems

Mandate

Active

Ended mandates

Ivo Fransen

Director · since 30 juin 2020

Ended
Alice Ghoos

Mandate

Ended
Bert Leysen

Chairman of the board of directors

Ended
Fons Verhaert

Mandate

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
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 date30/06/202611/06/202530/05/202407/06/202330/06/202228/06/2021
General meeting19/05/202620/05/202528/05/202405/06/202307/06/202208/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

22 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202519/05/202630/06/2026DutchPDF
Full modelCorrection31/12/202420/05/202511/06/2025DutchPDF
Full model31/12/202420/05/202506/06/2025DutchPDF
Full model31/12/202328/05/202430/05/2024DutchPDF
Full model31/12/202205/06/202307/06/2023DutchPDF
Full model31/12/202107/06/202230/06/2022DutchPDF
Full model31/12/202008/06/202128/06/2021DutchPDF
Full model31/12/201922/06/202030/07/2020DutchPDF
Full modelCorrection31/12/201816/05/201925/03/2020DutchPDF
Full model31/12/201816/05/201907/06/2019DutchPDF
Full model31/12/201707/06/201806/07/2018DutchPDF
Abridged model31/12/201625/04/201726/06/2017DutchPDF
Abridged model31/12/201527/04/201606/06/2016DutchPDF
Abridged model31/12/201427/04/201508/06/2015DutchPDF
Abridged model31/12/201329/04/201414/05/2014DutchPDF
Abridged model31/12/201216/04/201327/06/2013DutchPDF
Abridged model31/12/201118/04/201203/07/2012DutchPDF
Abridged model31/12/201009/05/201128/06/2011DutchPDF
Abridged model31/12/200927/04/201019/05/2010DutchPDF
Abridged model31/12/200821/04/200901/07/2009DutchPDF
Abridged model31/12/200722/04/200803/07/2008DutchPDF
m140-f-p31/12/200626/04/200713/03/2008DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 20 ended

Active mandates

Bert Leysen

Mandate

Active
Greet VAN HOUT

Mandate

Active
Ivo FRANSEN

Mandate

Active
Karel VAN BAEL

Mandate

Active
Katrin Gilis

Mandate

Active
Marcel DEVRIES

Mandate

Active
Marie-Louise VAN GOOL

Mandate

Active
Simonne Daems

Mandate

Active

Ended mandates

Ivo Fransen

Director · since 30 juin 2020

Ended
Alice Ghoos

Mandate

Ended
Bert Leysen

Chairman of the board of directors

Ended
Fons Verhaert

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/09/2026
    Herbenoeming van de commissaris
    PDF
  • Mandates04/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/12/2020
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates09/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/12/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/08/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/11/2015
    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

Timeline

  1. 2025
    Annual accounts 2025140,5 k €
  2. 2023
    Annual accounts 2023284,5 k €
  3. 2022
    Annual accounts 202269,6 k €
  4. 2021
    Annual accounts 2021199,5 k €
  5. 2020
    Annual accounts 2020122,2 k €
  6. 2019
    Annual accounts 201983 k €
  7. 2018
    Annual accounts 2018-17,2 k €
  8. 2017
    Annual accounts 2017148,6 k €
  9. 2016
    Annual accounts 201682,6 k €
  10. 2015
    Annual accounts 2015171,8 k €
  11. 2014
    Annual accounts 201435,7 k €
  12. 2013
    Annual accounts 2013207,4 k €
  13. 2012
    Annual accounts 201229,2 k €
  14. 2011
    Annual accounts 201173,4 k €
  15. 2010
    Annual accounts 201025,1 k €
  16. 2009
    Annual accounts 200956 k €
  17. 2008
    Annual accounts 2008-2,8 M €
  18. 16/11/1972
    IncorporationNon-profit organization