ACTIVE

DE WAAG

Financial year 2025 · closed on 31/12/2025
Net result
-24,5 k €
-509.8% YoY
Gross margin
394 €
-99.1% YoY
Equity
196,3 k €
-11.1% YoY

What does DE WAAG do?

DE WAAG is a Public limited company incorporated in 1981. Its main activity is: Computer consultancy activities. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0421.719.970
Incorporation
22/06/1981
Legal form
Public limited company
Registered office
Frankrijklei 5 box 1902
2000 Antwerpen · FlandreSee on map
Contributed capital
150 000,00 €
Latest accounts
31/12/2025
Signals
Solid equity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin394 €42,4 k €100 k €74,8 k €51,5 k €101,1 k €86,7 k €60,4 k €58,7 k €69 k €77,4 k €69,5 k €89,1 k €76,5 k €76,9 k €79,4 k €82,8 k €111,2 k €92,4 k €91,9 k €
EBITDA-3,3 k €38,9 k €15,7 k €6,6 k €-16,2 k €34,9 k €21,8 k €-4,5 k €-3,1 k €8,6 k €19,2 k €15,6 k €41,1 k €33,4 k €34,2 k €42 k €34,8 k €56,5 k €47,9 k €44,2 k €
Operating result-24,3 k €6,6 k €-16,5 k €-22,1 k €-42,7 k €-13,5 k €-12,3 k €-38,2 k €-36,1 k €-24,9 k €194 €-3,4 k €20,2 k €12,6 k €10,6 k €11,6 k €3,5 k €29,2 k €20,6 k €18,8 k €
Net result-24,5 k €6 k €3,2 k €-3 k €-27,3 k €5,4 k €8,5 k €-16,4 k €-5,7 k €5,4 k €27,7 k €24,7 k €27 k €1,3 k €-9,2 k €-797 €2 k €11,2 k €3,9 k €-7,4 k €
Balance sheet
Equity196,3 k €220,8 k €214,8 k €211,6 k €214,6 k €241,9 k €236,5 k €228 k €244,4 k €250,1 k €244,7 k €236,8 k €232,1 k €225,1 k €223,9 k €233,1 k €233,9 k €231,9 k €220,7 k €216,8 k €
Total assets485,7 k €505,6 k €510 k €547,8 k €413,7 k €418 k €305,1 k €388,6 k €421,8 k €474,3 k €421,1 k €459,8 k €522,2 k €563,3 k €588,9 k €701,2 k €713,8 k €806,1 k €839,7 k €927,2 k €
Cash62 k €70,5 k €3,9 k €11,2 k €17,1 k €33 k €8,4 k €1,8 k €1,2 k €2,3 k €5,7 k €8,9 k €17,2 k €21,4 k €6,4 k €23,9 k €14 k €30,1 k €5,6 k €39 k €
Debts289,3 k €284,8 k €295,2 k €336,2 k €199,1 k €176,1 k €68,6 k €160,6 k €177,4 k €224,2 k €176,4 k €222,9 k €290 k €338,2 k €365 k €468,1 k €479,9 k €574,2 k €619 k €710,4 k €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 9 ended

Active mandates

Fernand Bolle

Mandate

Active

Ended mandates

Benjamin Van nuffel

Director · since 01 juillet 2011 · until 30 juin 2017

Ended
E-CONSULT

Director · since 01 juillet 2011 · until 30 juin 2017 · 0433.945.336

Represented by Fernand Bolle

Ended
E-CONSULT

Director · since 01 juillet 2011 · until 30 juin 2017 · 0433.945.336

Represented by Fernand Bolle

Ended
fernand Bolle

Managing director · since 01 juillet 2011 · until 30 juin 2017

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro 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 date24/08/202625/09/202527/08/202431/08/202327/08/202214/08/2021
General meeting31/07/202615/09/202530/06/202430/06/202330/06/202230/06/2021
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

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202531/07/202624/08/2026DutchPDF
Abridged modelCorrection31/12/202415/09/202525/09/2025DutchPDF
Abridged model31/12/202415/09/202516/09/2025DutchPDF
Abridged model31/12/202330/06/202427/08/2024DutchPDF
Abridged model31/12/202230/06/202331/08/2023DutchPDF
Micro model31/12/202130/06/202227/08/2022DutchPDF
Micro model31/12/202030/06/202114/08/2021DutchPDF
Micro model31/12/201930/06/202029/09/2020DutchPDF
Micro model31/12/201830/06/201920/08/2019DutchPDF
Abridged model31/12/201730/06/201827/08/2018DutchPDF
Abridged model31/12/201630/06/201720/08/2017DutchPDF
Abridged model31/12/201530/06/201629/07/2016DutchPDF
Abridged model31/12/201430/06/201504/09/2015DutchPDF
Abridged model31/12/201330/06/201426/08/2014DutchPDF
Abridged model31/12/201230/06/201322/08/2013DutchPDF
Abridged model31/12/201130/06/201229/08/2012DutchPDF
Abridged model31/12/201030/06/201129/08/2011DutchPDF
Abridged model31/12/200930/06/201026/08/2010DutchPDF
Abridged model31/12/200830/06/200925/08/2009DutchPDF
Abridged model31/12/200730/06/200829/08/2008DutchPDF
Abridged model31/12/200630/06/200731/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

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 · 9 ended

Active mandates

Fernand Bolle

Mandate

Active

Ended mandates

Benjamin Van nuffel

Director · since 01 juillet 2011 · until 30 juin 2017

Ended
E-CONSULT

Director · since 01 juillet 2011 · until 30 juin 2017 · 0433.945.336

Represented by Fernand Bolle

Ended
E-CONSULT

Director · since 01 juillet 2011 · until 30 juin 2017 · 0433.945.336

Represented by Fernand Bolle

Ended
fernand Bolle

Managing director · since 01 juillet 2011 · until 30 juin 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/03/2022
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/07/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/02/2013
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/09/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/04/2008
    DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/12/2005
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 2025-24,5 k €
  2. 2024
    Annual accounts 20246 k €
  3. 2023
    Annual accounts 20233,2 k €
  4. 2022
    Annual accounts 2022-3 k €
  5. 2021
    Annual accounts 2021-27,3 k €
  6. 2020
    Annual accounts 20205,4 k €
  7. 2019
    Annual accounts 20198,5 k €
  8. 2018
    Annual accounts 2018-16,4 k €
  9. 2017
    Annual accounts 2017-5,7 k €
  10. 2016
    Annual accounts 20165,4 k €
  11. 2015
    Annual accounts 201527,7 k €
  12. 2014
    Annual accounts 201424,7 k €
  13. 2013
    Annual accounts 201327 k €
  14. 2012
    Annual accounts 20121,3 k €
  15. 2011
    Annual accounts 2011-9,2 k €
  16. 2010
    Annual accounts 2010-797 €
  17. 2009
    Annual accounts 20092 k €
  18. 2008
    Annual accounts 200811,2 k €
  19. 2007
    Annual accounts 20073,9 k €
  20. 2006
    Annual accounts 2006-7,4 k €
  21. 22/06/1981
    IncorporationPublic limited company