ACTIVE

FLANDERS WEAVERS

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Financial year 2025 · closed on 30/06/2025

Net result

58,2 k €

+169.1% YoY

Gross margin

1,3 M €

+14.4% YoY

Equity

8,1 M €

+0.7% YoY

What does FLANDERS WEAVERS do?

FLANDERS WEAVERS is a Public limited company incorporated in 1986. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Waregem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0428.347.248

Incorporation

20/01/1986

Legal form

Public limited company

Registered office

Groenbek 28
8790 Waregem · FlandreSee on map

Contributed capital

75 000,00 €

Latest accounts

30/06/2025

Activities (NACE)

68203Rental and operating of own or leased real estate· main 68203Rental and operating of own or leased real estate

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2022		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	1,3 M €	+14.4%	1,2 M €	+12.8%	1 M €	-42.9%	1,8 M €		–		–		–		–		–		–		–		–		–
EBITDA	1,1 M €	+17.5%	907,2 k €	+15.0%	789,1 k €	-49.9%	1,6 M €	+8.9%	1,4 M €	-57.9%	3,4 M €	+7.3%	3,2 M €	+100%	1,6 M €	-15.5%	1,9 M €	+25.0%	1,5 M €	-12.9%	1,7 M €	-15.8%	2,1 M €	-26.2%	2,8 M €
Operating result	86,2 k €	+169%	-124,6 k €	+60.8%	-317,7 k €	-157%	562,1 k €	+160%	216,3 k €	-76.1%	903,7 k €	-2.0%	922 k €	+455%	166,2 k €	-54.6%	365,7 k €	+242%	107 k €	-49.7%	212,7 k €	+119%	97,1 k €	-69.8%	321,6 k €
Net result	58,2 k €	+169%	-84,3 k €	+69.2%	-273,8 k €	-156%	490,3 k €	+204%	161,5 k €	-89.6%	1,6 M €	+25.2%	1,2 M €	+1362%	85,1 k €	-64.5%	239,6 k €	-50.6%	484,7 k €	+643%	65,3 k €	+135%	27,8 k €	-79.7%	137 k €
Balance sheet
Equity	8,1 M €	+0.7%	8,1 M €	-1.0%	8,2 M €	-3.2%	8,4 M €	-9.8%	9,4 M €	+1.8%	9,2 M €	+20.4%	7,6 M €	+19.5%	6,4 M €	+1.3%	6,3 M €	+4.0%	6,1 M €	+8.7%	5,6 M €	+1.2%	5,5 M €	+0.5%	5,5 M €
Total assets	10,5 M €	+1.6%	10,3 M €	-1.0%	10,4 M €	-10.4%	11,6 M €	-36.9%	18,4 M €	+8.0%	17,1 M €	+33.3%	12,8 M €	+30.4%	9,8 M €	-2.5%	10,1 M €	-1.3%	10,2 M €	+6.2%	9,6 M €	-6.9%	10,3 M €	-12.8%	11,8 M €
Cash	2,7 M €	+275%	708,2 k €	+256%	199,1 k €	-70.5%	675 k €	-73.1%	2,5 M €	+49.9%	1,7 M €	+674%	216,2 k €	-56.1%	492,5 k €	+311%	119,9 k €	-85.8%	842,9 k €	-44.3%	1,5 M €	+1163%	119,8 k €	+434%	22,4 k €
Debts	1,6 M €	+25.3%	1,3 M €	+2.9%	1,2 M €	-42.2%	2,1 M €	-73.5%	8 M €	+19.9%	6,7 M €	+38.6%	4,8 M €	+40.3%	3,4 M €	-9.0%	3,8 M €	-9.1%	4,1 M €	+2.7%	4 M €	-16.2%	4,8 M €	-24.2%	6,4 M €
Other
Workforce	–		–		–		–		65,4 ETP	-1.7%	66,5 ETP	-19.6%	82,7 ETP	-33.8%	125,0 ETP	+2.3%	122,2 ETP	-0.1%	122,3 ETP	+6.1%	115,3 ETP	-5.4%	121,9 ETP	+0.5%	121,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 20 ended

Active mandates

Annemie Verhelst

Director · since 19 novembre 2021 · until 19 novembre 2027

Active

Bouvelo

Managing director · since 19 novembre 2021 · until 19 novembre 2027 · 0542.454.979

Represented by Myriam Ragolle

Active

Herman Verhelst

Managing director · since 19 novembre 2021 · until 19 novembre 2027

Active

Ended mandates

Annemie Verhelst

Bestuurder · since 19 novembre 2021 · until 19 novembre 2027

Ended

Bouvelo

Gedelegeerd bestuurder · since 19 novembre 2021 · until 19 novembre 2027 · 0542.454.979

Represented by Myriam Ragolle

Ended

Herman Verhelst

Gedelegeerd bestuurder · since 19 novembre 2021 · until 19 novembre 2027

Ended

Bouvelo

Managing director · since 15 novembre 2019 · until 19 novembre 2021 · 0542.454.979

Represented by Myriam Ragolle

Ended

At this address

Other companies at this address

Company	CBE no.
Bouvelo● Active	0542.454.979
Bouvelo - FL.W.● Active	0541.946.126
PROJECT 0● Active	0817.284.287
Rdeco● Active	0405.436.541

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Full model	Full model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/02/2026	25/02/2025	30/01/2024	31/01/2023	31/01/2022	29/01/2021
General meeting	23/02/2026	03/02/2025	29/12/2023	18/11/2022	19/11/2021	20/11/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	23/02/2026	24/02/2026	Dutch	PDF
Abridged model	30/06/2024	03/02/2025	25/02/2025	Dutch	PDF
Abridged model	30/06/2023	29/12/2023	30/01/2024	Dutch	PDF
Abridged model	30/06/2022	18/11/2022	31/01/2023	Dutch	PDF
Full model	30/06/2021	19/11/2021	31/01/2022	Dutch	PDF
Full model	30/06/2020	20/11/2020	29/01/2021	Dutch	PDF
Full model	30/06/2019	15/11/2019	30/01/2020	Dutch	PDF
Full model	30/06/2018	16/11/2018	14/12/2018	Dutch	PDF
Full model	30/06/2017	25/10/2017	11/12/2017	Dutch	PDF
Full model	30/06/2016	18/11/2016	13/01/2017	Dutch	PDF
Full model	30/06/2015	18/12/2015	11/01/2016	Dutch	PDF
Full model	31/12/2014	25/05/2015	25/06/2015	Dutch	PDF
Full model	31/12/2013	26/05/2014	04/07/2014	Dutch	PDF
Full model	31/12/2012	27/05/2013	10/07/2013	Dutch	PDF
Full model	31/12/2011	28/05/2012	26/06/2012	Dutch	PDF
Full model	31/12/2010	30/05/2011	30/06/2011	Dutch	PDF
Full model	31/12/2009	31/05/2010	23/06/2010	Dutch	PDF
Full model	31/12/2008	25/05/2009	01/07/2009	Dutch	PDF
Full model	31/12/2007	26/05/2008	03/06/2008	Dutch	PDF
Full model	31/12/2006	29/05/2007	13/07/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 20 ended

Active mandates

Annemie Verhelst

Director · since 19 novembre 2021 · until 19 novembre 2027

Active

Bouvelo

Managing director · since 19 novembre 2021 · until 19 novembre 2027 · 0542.454.979

Represented by Myriam Ragolle

Active

Herman Verhelst

Managing director · since 19 novembre 2021 · until 19 novembre 2027

Active

Ended mandates

Annemie Verhelst

Bestuurder · since 19 novembre 2021 · until 19 novembre 2027

Ended

Bouvelo

Gedelegeerd bestuurder · since 19 novembre 2021 · until 19 novembre 2027 · 0542.454.979

Represented by Myriam Ragolle

Ended

Herman Verhelst

Gedelegeerd bestuurder · since 19 novembre 2021 · until 19 novembre 2027

Ended

Bouvelo

Managing director · since 15 novembre 2019 · until 19 novembre 2021 · 0542.454.979

Represented by Myriam Ragolle

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Registered office30/06/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates18/03/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/01/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/03/2016
ONTSLAGEN - BENOEMINGEN
PDF
Other10/08/2015
BOEKJAAR
PDF
Mandates12/05/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/08/2013
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

2025
Annual accounts 202558,2 k €↑
2024
Annual accounts 2024-84,3 k €↑
2023
Annual accounts 2023-273,8 k €↓
2022
Annual accounts 2022490,3 k €↑
2015
Annual accounts 2015161,5 k €↓
2014
Annual accounts 20141,6 M €↑
2013
Annual accounts 20131,2 M €↑
2012
Annual accounts 201285,1 k €↓
2011
Annual accounts 2011239,6 k €↓
2010
Annual accounts 2010484,7 k €↑
2009
Annual accounts 200965,3 k €↑
2008
Annual accounts 200827,8 k €↓
2007
Annual accounts 2007137 k €
20/01/1986
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

FLANDERS WEAVERS

Overview

What does FLANDERS WEAVERS do?

Trend over 13 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline