ACTIVE

WAW

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Financial year 2025 · closed on 31/12/2025
Net result
137 k €
+69.7% YoY
Gross margin
3,1 M €
+7.5% YoY
Equity
4 M €
+3.6% YoY
Workforce
34,4 ETP
+11.3% YoY

What does WAW do?

WAW is a Public limited company incorporated in 1989. Its main activity is: Manufacture of household and sanitary goods and of toilet requisites. Its registered office is in Wevelgem. It employs on average 34,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0438.493.052
Incorporation
29/09/1989
Legal form
Public limited company
Registered office
Drieslaan 36
8560 Wevelgem · FlandreSee on map
Contributed capital
370 000,00 €
Latest accounts
31/12/2025
Average workforce
34,4 ETP
Activities (NACE)
17220Manufacture of household and sanitary goods and of toilet requisites· main17220Manufacture of household and sanitary goods and of toilet requisites13950Manufacture of non-wovens and articles made from non-wovens, except apparel13950Manufacture of non-wovens and articles made from non-wovens, except apparel
Joint committees (3)
  • 100
  • 136
  • 222
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212007
Income statement
Gross margin3,1 M €2,9 M €2,7 M €2,9 M €3 M €–
EBITDA1 M €990,5 k €1 M €1,4 M €1,5 M €647,2 k €
Operating result288 k €166,6 k €70,9 k €371 k €493,5 k €65,7 k €
Net result137 k €80,7 k €16,1 k €216,4 k €289,7 k €10,9 k €
Balance sheet
Equity4 M €3,9 M €3,8 M €3,8 M €3,5 M €941,1 k €
Total assets8,3 M €7,9 M €6,7 M €7,8 M €8,3 M €2,2 M €
Cash52,2 k €86,4 k €31,9 k €134,2 k €167 k €33,1 k €
Debts4,3 M €4,1 M €2,9 M €4,1 M €4,8 M €1,2 M €
Other
Workforce34,4 ETP30,9 ETP31,8 ETP29,6 ETP32,3 ETP10,5 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 · 2 active · 32 ended

Active mandates

EQ4K

Managing director · since 05 mai 2023 · until 05 juin 2028 · 0788.762.923

Represented by Elien Loncke

Active
IQ4H

Managing director · since 05 mai 2023 · until 05 juin 2028 · 0816.649.433

Represented by Christophe Vanneste

Active

Ended mandates

EQ4K

Director · since 05 mai 2023 · until 05 juin 2028 · 0788.762.923

Represented by Elien Loncke

Ended
EQ4K

Director · since 05 mai 2023 · until 05 juin 2028 · 0788.762.923

Represented by Elien Loncke

Ended
IQ4H

Director · since 05 mai 2023 · until 05 juin 2028 · 0816.649.433

Represented by Christophe Vanneste

Ended
IQ4H

Director · since 05 mai 2023 · until 05 juin 2028 · 0816.649.433

Represented by Christophe VANNESTE

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged 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 date26/06/202606/06/202516/07/202410/07/202305/07/202222/06/2021
General meeting11/06/202602/06/202529/06/202415/06/202307/06/202207/06/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202511/06/202626/06/2026DutchPDF
Abridged model31/12/202402/06/202506/06/2025DutchPDF
Abridged model31/12/202329/06/202416/07/2024DutchPDF
Abridged model31/12/202215/06/202310/07/2023DutchPDF
Abridged model31/12/202107/06/202205/07/2022DutchPDF
Abridged model31/12/202007/06/202122/06/2021DutchPDF
Abridged model31/12/201929/06/202024/07/2020DutchPDF
Abridged model31/12/201803/06/201914/06/2019DutchPDF
Abridged model31/12/201729/06/201816/07/2018DutchPDF
Full model31/12/201630/06/201714/07/2017DutchPDF
Full model31/12/201506/06/201621/06/2016DutchPDF
Full model30/06/201408/12/201415/01/2015DutchPDF
Full model30/06/201308/11/201328/11/2013DutchPDF
Full model30/06/201208/12/201211/12/2012DutchPDF
Full model30/06/201108/11/201125/11/2011DutchPDF
Full model30/06/201011/12/201024/01/2011DutchPDF
Full model30/06/200909/12/200907/01/2010DutchPDF
Full model30/06/200813/12/200805/01/2009DutchPDF
Full model30/06/200708/12/200721/01/2008DutchPDF
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 · 2 active · 32 ended

Active mandates

EQ4K

Managing director · since 05 mai 2023 · until 05 juin 2028 · 0788.762.923

Represented by Elien Loncke

Active
IQ4H

Managing director · since 05 mai 2023 · until 05 juin 2028 · 0816.649.433

Represented by Christophe Vanneste

Active

Ended mandates

EQ4K

Director · since 05 mai 2023 · until 05 juin 2028 · 0788.762.923

Represented by Elien Loncke

Ended
EQ4K

Director · since 05 mai 2023 · until 05 juin 2028 · 0788.762.923

Represented by Elien Loncke

Ended
IQ4H

Director · since 05 mai 2023 · until 05 juin 2028 · 0816.649.433

Represented by Christophe Vanneste

Ended
IQ4H

Director · since 05 mai 2023 · until 05 juin 2028 · 0816.649.433

Represented by Christophe VANNESTE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares13/07/2026
    KAPITAAL - AANDELEN
    PDF
  • Registered office13/01/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates23/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/12/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/03/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/07/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares15/07/2015
    KAPITAAL - AANDELEN - BOEKJAAR - 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 2025137 k €↑
  2. 2025
    Name changeWAW
  3. 2024
    Annual accounts 202480,7 k €↑
  4. 2023
    Annual accounts 202316,1 k €↓
  5. 2022
    Annual accounts 2022216,4 k €↓
  6. 2021
    Annual accounts 2021289,7 k €↑
  7. 2007
    Annual accounts 200710,9 k €
  8. 2007
    Name changeTriangle Converting
  9. 29/09/1989
    IncorporationPublic limited company