ACTIVE

INTERWAC

Financial year 2025 · closed on 31/12/2025
Net result
122,1 k €
-75.4% YoY
Gross margin
323,4 k €
-55.1% YoY
Equity
801,2 k €
+18.0% YoY

What does INTERWAC do?

INTERWAC is a Public limited company incorporated in 1983. Its registered office is in Schilde.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0424.664.416
Incorporation
28/09/1983
Legal form
Public limited company
Registered office
Wijnegemsteenweg 22 box 1
2970 Schilde · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin323,4 k €720,6 k €202,4 k €384,6 k €397,4 k €427,6 k €388 k €316,9 k €250,9 k €234,9 k €149 k €122,1 k €254,9 k €207,9 k €194,2 k €187,2 k €307,3 k €289,6 k €345,8 k €
EBITDA246 k €641 k €125,8 k €319,8 k €231,2 k €425,2 k €387 k €250,5 k €185,4 k €169,6 k €84 k €-17,7 k €115,6 k €146,7 k €132,1 k €127 k €248,7 k €234,8 k €293,2 k €
Operating result165,3 k €560,3 k €28,9 k €224,8 k €137,1 k €330,2 k €235,1 k €111,7 k €48 k €33,2 k €-49,9 k €-151,4 k €-18 k €4,5 k €-2,8 k €-5,1 k €120,8 k €103,9 k €178,1 k €
Net result122,1 k €496,9 k €49,4 k €198,3 k €119 k €265,1 k €206,8 k €109,9 k €43,1 k €26,4 k €-55,5 k €-180,4 k €-48,3 k €-29,6 k €-30,4 k €-24,1 k €74,8 k €72 k €120,7 k €
Balance sheet
Equity801,2 k €679,1 k €2,2 M €2,2 M €2 M €1,9 M €1,6 M €1,4 M €1,3 M €1,3 M €1,2 M €1,3 M €1,5 M €1,5 M €1,5 M €1,6 M €1,6 M €1,6 M €1,5 M €
Total assets952,2 k €699,2 k €2,3 M €2,2 M €2,1 M €2 M €1,8 M €1,7 M €1,7 M €1,9 M €2 M €2,1 M €2,4 M €2,5 M €2,6 M €2,8 M €2,9 M €2,9 M €2,9 M €
Cash19 k €1 k €54,6 k €101,2 k €123,3 k €74 k €418,7 k €157,7 k €71,5 k €76,8 k €27,8 k €61,5 k €152,5 k €85,3 k €72,8 k €107,7 k €164,2 k €86,7 k €73,1 k €
Debts132,3 k €14,6 k €25,4 k €24,7 k €137,3 k €134,8 k €186,5 k €311 k €431,4 k €539,5 k €746,7 k €846 k €960,8 k €995,9 k €1,1 M €1,2 M €1,3 M €1,4 M €1,4 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 15 ended

Active mandates

PADOXA

Director · since 05 juin 2026 · 0435.094.092

Represented by Xavier Painblanc

Active
BIBI FASHION

Director · since 31 décembre 2024 · until 05 juin 2026 · 0444.703.428

Represented by Xavier Painblanc

Active
Painblanc Consult

Director · since 31 décembre 2024 · until 21 mars 2030 · 0773.558.667

Represented by Bernard Painblanc

Active

Ended mandates

BIBI FASHION

Director · since 31 décembre 2024 · until 21 mars 2030 · 0444.703.428

Represented by Xavier Painblanc

Ended
Yvi Paris

Director · since 24 octobre 2022 · until 31 décembre 2024

Ended
Yvi PARIS

Director · since 24 octobre 2022 · until 23 octobre 2028

Ended
Dirk Cardoen

Managing director · since 05 mai 2020 · until 31 décembre 2024

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelMicro 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 date11/06/202621/08/202530/07/202431/07/202330/08/202227/08/2021
General meeting05/06/202630/06/202521/03/202416/03/202317/03/202218/03/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202611/06/2026DutchPDF
Abridged model31/12/202430/06/202521/08/2025DutchPDF
Micro model31/12/202321/03/202430/07/2024DutchPDF
Abridged model31/12/202216/03/202331/07/2023DutchPDF
Abridged model31/12/202117/03/202230/08/2022DutchPDF
Abridged model31/12/202018/03/202127/08/2021DutchPDF
Micro model31/12/201931/08/202029/09/2020DutchPDF
Micro model31/12/201821/03/201901/08/2019DutchPDF
Abridged model31/12/201715/03/201830/08/2018DutchPDF
Abridged model31/12/201616/03/201731/08/2017DutchPDF
Abridged model31/12/201517/03/201609/08/2016DutchPDF
Abridged model31/12/201419/03/201531/07/2015DutchPDF
Abridged model31/12/201320/03/201430/08/2014DutchPDF
Abridged model31/12/201221/03/201325/06/2013DutchPDF
Abridged model31/12/201115/03/201209/07/2012DutchPDF
Abridged model31/12/201019/05/201123/06/2011DutchPDF
Abridged model31/12/200918/03/201017/05/2010DutchPDF
Abridged model31/12/200822/05/200929/05/2009DutchPDF
Abridged model31/12/200720/03/200813/05/2008DutchPDF
Abridged model31/12/200615/03/200729/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 3 active · 15 ended

Active mandates

PADOXA

Director · since 05 juin 2026 · 0435.094.092

Represented by Xavier Painblanc

Active
BIBI FASHION

Director · since 31 décembre 2024 · until 05 juin 2026 · 0444.703.428

Represented by Xavier Painblanc

Active
Painblanc Consult

Director · since 31 décembre 2024 · until 21 mars 2030 · 0773.558.667

Represented by Bernard Painblanc

Active

Ended mandates

BIBI FASHION

Director · since 31 décembre 2024 · until 21 mars 2030 · 0444.703.428

Represented by Xavier Painblanc

Ended
Yvi Paris

Director · since 24 octobre 2022 · until 31 décembre 2024

Ended
Yvi PARIS

Director · since 24 octobre 2022 · until 23 octobre 2028

Ended
Dirk Cardoen

Managing director · since 05 mai 2020 · until 31 décembre 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates31/01/2025
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office02/01/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates09/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/08/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/11/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares12/04/2012
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates23/12/2011
    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 2025122,1 k €
  2. 2024
    Annual accounts 2024496,9 k €
  3. 2023
    Annual accounts 202349,4 k €
  4. 2022
    Annual accounts 2022198,3 k €
  5. 2021
    Annual accounts 2021119 k €
  6. 2020
    Annual accounts 2020265,1 k €
  7. 2019
    Annual accounts 2019206,8 k €
  8. 2018
    Annual accounts 2018109,9 k €
  9. 2017
    Annual accounts 201743,1 k €
  10. 2016
    Annual accounts 201626,4 k €
  11. 2015
    Annual accounts 2015-55,5 k €
  12. 2014
    Annual accounts 2014-180,4 k €
  13. 2013
    Annual accounts 2013-48,3 k €
  14. 2012
    Annual accounts 2012-29,6 k €
  15. 2011
    Annual accounts 2011-30,4 k €
  16. 2010
    Annual accounts 2010-24,1 k €
  17. 2009
    Annual accounts 200974,8 k €
  18. 2008
    Annual accounts 200872 k €
  19. 2007
    Annual accounts 2007120,7 k €
  20. 28/09/1983
    IncorporationPublic limited company