ACTIVE

VEWACO

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Financial year 2025 · closed on 30/06/2025

Net result

568,7 k €

-6.5% YoY

Gross margin

1,7 M €

-6.9% YoY

Equity

3,1 M €

+11.7% YoY

Workforce

9,9 ETP

-18.2% YoY

What does VEWACO do?

VEWACO is a Public limited company incorporated in 1989. Its registered office is in Gistel. It employs on average 9,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0436.930.461

Incorporation

02/03/1989

Legal form

Public limited company

Registered office

Konijnenboslaan 9
8470 Gistel · FlandreSee on map

Contributed capital

142 538,78 €

Latest accounts

30/06/2025

Average workforce

9,9 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2006
Income statement
Gross margin	1,7 M €	-6.9%	1,9 M €	+15.1%	1,6 M €	-5.5%	1,7 M €	+15.4%	1,5 M €	+46.8%	1 M €	+18.6%	847,1 k €	+54.9%	547 k €	+9.9%	497,9 k €	+76.3%	282,4 k €	+1.1%	279,2 k €	+6.2%	262,9 k €	-3.5%	272,5 k €	-23.7%	357 k €	+44.3%	247,4 k €	-2.5%	253,7 k €	+83.3%	138,4 k €	-62.8%	371,6 k €	+216%	117,7 k €
EBITDA	928,8 k €	-9.6%	1 M €	+18.1%	869,9 k €	-1.0%	878,7 k €	+6.6%	824,2 k €	+69.2%	487 k €	-2.7%	500,4 k €	+150%	199,9 k €	+14.4%	174,7 k €	-15.1%	205,7 k €	-1.1%	208 k €	+6.6%	195,1 k €	-6.1%	207,8 k €	-31.3%	302,6 k €	+55.3%	194,9 k €	-1.4%	197,7 k €	+112%	93,1 k €	-63.0%	251,9 k €	+463%	44,7 k €
Operating result	751,4 k €	-7.6%	812,9 k €	+21.8%	667,3 k €	-3.4%	690,9 k €	+3.6%	667,1 k €	+76.9%	377,1 k €	+0.5%	375,4 k €	+454%	67,8 k €	+24.0%	54,6 k €	-37.4%	87,3 k €	+11.3%	78,4 k €	-1.4%	79,5 k €	-8.2%	86,6 k €	+41.5%	61,2 k €	-6.6%	65,5 k €	+61.4%	40,6 k €	+76.1%	23,1 k €	-87.1%	178,9 k €	+950%	17 k €
Net result	568,7 k €	-6.5%	607,9 k €	+33.0%	457 k €	-1.9%	465,8 k €	+5.6%	441 k €	+87.9%	234,7 k €	+4.9%	223,8 k €	+951%	21,3 k €	+35.2%	15,7 k €	-32.1%	23,2 k €	-12.5%	26,5 k €	+60.0%	16,6 k €	-3.8%	17,2 k €	+47.5%	11,7 k €	-29.3%	16,5 k €	+51.9%	10,9 k €	+83.1%	5,9 k €	-70.8%	20,3 k €	+232%	-15,5 k €
Balance sheet
Equity	3,1 M €	+11.7%	2,8 M €	+28.3%	2,1 M €	+27.0%	1,7 M €	+38.0%	1,2 M €	+56.2%	784,7 k €	+42.7%	550 k €	+68.6%	326,2 k €	+7.0%	304,9 k €	+5.4%	289,2 k €	+8.7%	266 k €	+11.1%	239,5 k €	+7.4%	222,9 k €	+8.4%	205,7 k €	+6.0%	194 k €	+9.3%	177,5 k €	+6.5%	166,7 k €	+3.7%	160,7 k €	+14.5%	140,4 k €
Total assets	3,8 M €	+6.0%	3,6 M €	+7.7%	3,4 M €	+6.7%	3,1 M €	+12.6%	2,8 M €	+18.8%	2,3 M €	-1.7%	2,4 M €	+6.4%	2,2 M €	+4.4%	2,2 M €	+0.6%	2,1 M €	+0.4%	2,1 M €	-5.0%	2,2 M €	-5.3%	2,4 M €	-5.8%	2,5 M €	+82.4%	1,4 M €	-6.1%	1,5 M €	+95.3%	750,3 k €	-3.3%	775,5 k €	+47.5%	525,8 k €
Cash	641,5 k €	+1202%	49,3 k €	-80.2%	249,3 k €	+14.1%	218,5 k €	+86.9%	116,9 k €	+38.5%	84,4 k €	-82.8%	491,5 k €	+894%	49,4 k €	+108%	23,8 k €	+11.8%	21,3 k €	-66.6%	63,6 k €	-39.6%	105,3 k €	+82.2%	57,8 k €	-37.1%	91,9 k €	+1040%	8,1 k €	-84.0%	50,5 k €	+97.1%	25,6 k €	+70.9%	15 k €	+42.3%	10,5 k €
Debts	740,7 k €	-12.4%	845,8 k €	-29.7%	1,2 M €	-17.0%	1,5 M €	-5.4%	1,5 M €	+0.0%	1,5 M €	-15.9%	1,8 M €	-4.9%	1,9 M €	+3.9%	1,8 M €	-0.1%	1,8 M €	-0.7%	1,9 M €	-6.9%	2 M €	-6.6%	2,1 M €	-6.9%	2,3 M €	+94.6%	1,2 M €	-8.2%	1,3 M €	+121%	583,6 k €	-5.1%	614,8 k €	+59.6%	385,3 k €
Other
Workforce	9,9 ETP	-18.2%	12,1 ETP	+13.1%	10,7 ETP	-18.3%	13,1 ETP	+12.9%	11,6 ETP	+20.8%	9,6 ETP	+15.7%	8,3 ETP	+25.8%	6,6 ETP	+3.1%	6,4 ETP	+482%	1,1 ETP	+37.5%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	-11.1%	0,9 ETP	-10.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-41.2%	1,7 ETP	-15.0%	2,0 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 · 2 active · 12 ended

Active mandates

Tina Callenaere

Director · since 27 février 2024

Active

Jürgen Werbrouck

Managing director · since 30 novembre 2018

Active

Ended mandates

Jürgen Werbrouck

Managing director · since 30 novembre 2018 · until 29 novembre 2024

Ended

Magda Desmedt

Director · since 30 novembre 2018 · until 29 novembre 2024

Ended

Magda Desmedt

Director · since 30 novembre 2018

Ended

Jurgen Werbrouck

Managing director · since 13 février 2007 · until 13 février 2013

Ended

At this address

Other companies at this address

Company	CBE no.
J.T.W.● Active	0416.439.113
WERCA JURGEN● Active	0473.139.472

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	29/01/2026	27/01/2025	29/01/2024	28/02/2023	28/02/2022	31/01/2021
General meeting	26/12/2025	27/12/2024	21/01/2024	25/11/2022	26/11/2021	31/12/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	26/12/2025	29/01/2026	Dutch	PDF
Abridged model	30/06/2024	27/12/2024	27/01/2025	Dutch	PDF
Abridged model	30/06/2023	21/01/2024	29/01/2024	Dutch	PDF
Abridged model	30/06/2022	25/11/2022	28/02/2023	Dutch	PDF
Abridged model	30/06/2021	26/11/2021	28/02/2022	Dutch	PDF
Abridged model	30/06/2020	31/12/2020	31/01/2021	Dutch	PDF
Abridged model	30/06/2019	20/12/2019	07/02/2020	Dutch	PDF
Abridged model	30/06/2018	30/11/2018	19/12/2018	Dutch	PDF
Abridged model	30/06/2017	24/11/2017	21/12/2017	Dutch	PDF
Abridged model	30/06/2016	25/11/2016	20/12/2016	Dutch	PDF
Abridged model	30/06/2015	27/11/2015	17/12/2015	Dutch	PDF
Abridged model	30/06/2014	26/12/2014	12/01/2015	Dutch	PDF
Abridged model	30/06/2013	29/11/2013	27/02/2014	Dutch	PDF
Abridged model	30/06/2012	23/11/2012	27/02/2013	Dutch	PDF
Abridged model	30/06/2011	29/11/2011	28/02/2012	Dutch	PDF
Abridged model	30/06/2010	30/11/2010	28/02/2011	Dutch	PDF
Abridged model	30/06/2009	24/11/2009	29/01/2010	Dutch	PDF
Abridged model	30/06/2008	25/11/2008	30/01/2009	Dutch	PDF
Abridged model	30/09/2006	13/02/2007	30/04/2007	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 · 2 active · 12 ended

Active mandates

Tina Callenaere

Director · since 27 février 2024

Active

Jürgen Werbrouck

Managing director · since 30 novembre 2018

Active

Ended mandates

Jürgen Werbrouck

Managing director · since 30 novembre 2018 · until 29 novembre 2024

Ended

Magda Desmedt

Director · since 30 novembre 2018 · until 29 novembre 2024

Ended

Magda Desmedt

Director · since 30 novembre 2018

Ended

Jurgen Werbrouck

Managing director · since 13 février 2007 · until 13 février 2013

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring22/07/2026
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring29/12/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates13/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates26/01/2022
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares08/10/2007
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates25/05/2007
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 2025568,7 k €↓
2024
Annual accounts 2024607,9 k €↑
2023
Annual accounts 2023457 k €↓
2022
Annual accounts 2022465,8 k €↑
2021
Annual accounts 2021441 k €↑
2020
Annual accounts 2020234,7 k €↑
2019
Annual accounts 2019223,8 k €↑
2018
Annual accounts 201821,3 k €↑
2017
Annual accounts 201715,7 k €↓
2016
Annual accounts 201623,2 k €↓
2015
Annual accounts 201526,5 k €↑
2014
Annual accounts 201416,6 k €↓
2013
Annual accounts 201317,2 k €↑
2012
Annual accounts 201211,7 k €↓
2011
Annual accounts 201116,5 k €↑
2010
Annual accounts 201010,9 k €↑
2009
Annual accounts 20095,9 k €↓
2008
Annual accounts 200820,3 k €↑
2006
Annual accounts 2006-15,5 k €
02/03/1989
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

VEWACO

Overview

What does VEWACO do?

Trend over 19 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