ACTIVE

WIPAM

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

89,2 k €

-85.2% YoY

Revenue

665,5 k €

-39.5% YoY

Equity

1,7 M €

+5.7% YoY

Workforce

2,5 ETP

-16.7% YoY

What does WIPAM do?

WIPAM is a Public limited company incorporated in 1990. Its registered office is in Maldegem. It employs on average 2,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0440.950.617

Incorporation

12/07/1990

Legal form

Public limited company

Registered office

Industrielaan 12
9990 Maldegem · FlandreSee on map

Contributed capital

613 984,54 €

Latest accounts

31/12/2025

Average workforce

2,5 ETP

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2025		2024		2023		2022		2021		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	665,5 k €	-39.5%	1,1 M €	+29.7%	848,3 k €	-0.6%	853,8 k €	+25.4%	681,1 k €	-3.3%	704,6 k €		–		–		–		–		648,5 k €	+9.6%	591,8 k €
EBITDA	314,6 k €	-37.2%	501,1 k €	+72.6%	290,3 k €	-7.3%	313,1 k €	+15.1%	271,9 k €	-8.6%	297,5 k €	-1.0%	300,6 k €	+22.0%	246,4 k €	+71.6%	143,6 k €	-33.1%	214,7 k €	+19.9%	179 k €	+9.2%	163,9 k €
Operating result	217,7 k €	-45.4%	398,5 k €	+95.1%	204,3 k €	-5.4%	215,9 k €	+33.9%	161,2 k €	+52.4%	105,7 k €	-16.0%	125,9 k €	+9.2%	115,4 k €	+331%	26,7 k €	-69.8%	88,7 k €	+2.4%	86,6 k €	+32.0%	65,6 k €
Net result	89,2 k €	-85.2%	601,4 k €	+441%	111,2 k €	-2.0%	113,5 k €	+58.8%	71,5 k €	+1004%	6,5 k €	-77.2%	28,4 k €	-49.0%	55,7 k €	+302%	-27,5 k €	-173%	37,6 k €	-24.8%	50 k €	+303%	-24,7 k €
Balance sheet
Equity	1,7 M €	+5.7%	1,6 M €	-53.7%	3,4 M €	+3.4%	3,3 M €	+3.6%	3,2 M €	-0.2%	3,2 M €	+0.2%	3,2 M €	+0.9%	3,1 M €	+854%	327,8 k €	-7.7%	355,4 k €	+11.8%	317,8 k €	+18.7%	267,7 k €
Total assets	5,8 M €	+15.7%	5 M €	+0.8%	4,9 M €	+5.4%	4,7 M €	+0.2%	4,7 M €	-16.8%	5,6 M €	+5.9%	5,3 M €	+6.5%	5 M €	+244%	1,4 M €	+6.9%	1,4 M €	+13.2%	1,2 M €	-3.1%	1,2 M €
Cash	21,3 k €	+266%	5,8 k €	-87.2%	45,6 k €	+156%	17,9 k €	-26.3%	24,2 k €	+368%	5,2 k €	-32.5%	7,7 k €	-9.7%	8,5 k €	-72.1%	30,4 k €	+53.5%	19,8 k €	-25.3%	26,5 k €	+449%	4,8 k €
Debts	3,8 M €	+22.5%	3,1 M €	+148%	1,3 M €	+14.0%	1,1 M €	-7.5%	1,2 M €	-40.7%	2 M €	+20.2%	1,7 M €	+21.9%	1,4 M €	+114%	642,4 k €	+7.4%	598,1 k €	+28.8%	464,2 k €	-13.5%	536,6 k €
Other
Workforce	2,5 ETP	-16.7%	3,0 ETP	-14.3%	3,5 ETP	-5.4%	3,7 ETP	-15.9%	4,4 ETP	-6.4%	4,7 ETP	0.0%	4,7 ETP	-17.5%	5,7 ETP	0.0%	5,7 ETP	0.0%	5,7 ETP	0.0%	5,7 ETP	-3.4%	5,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 37 ended

Active mandates

LOTAS IT & GRAPHICS

Bestuurder · since 01 janvier 2026 · until 26 mai 2029 · 1031.351.708

Represented by Sam Willems

Active

WILSTON

Bestuurder · since 01 janvier 2026 · until 26 mai 2029 · 1031.696.156

Represented by Eva Willems

Active

Bavo Willems

Bestuurder · since 11 avril 2024 · until 26 mai 2029

Active

Ben Willems

Bestuurder · since 11 avril 2024 · until 26 mai 2029

Active

Eva Willems

Bestuurder · since 11 avril 2024 · until 31 décembre 2025

Active

Sam Willems

Bestuurder · since 11 avril 2024 · until 31 décembre 2025

Active

Ended mandates

Diederik Willems

Gedelegeerd bestuurder · since 11 avril 2024 · until 31 août 2024

Ended

Eva Willems

Gedelegeerd bestuurder · since 11 avril 2024 · until 26 mai 2029

Ended

Sam Willems

Gedelegeerd bestuurder · since 11 avril 2024 · until 26 mai 2029

Ended

Bavo Willems

Gedelegeerd bestuurder · since 07 décembre 2023 · until 07 décembre 2029

Ended

At this address

Other companies at this address

Company	CBE no.
PERKA● Active	0401.038.283
Wilco● Active	1007.399.537

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/07/2026	25/07/2025	04/04/2024	11/07/2023	06/07/2022	12/08/2021
General meeting	20/06/2026	30/06/2025	20/03/2024	27/06/2023	28/06/2022	29/05/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	20/06/2026	16/07/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	25/07/2025	Dutch	PDF
Full model	31/12/2023	20/03/2024	04/04/2024	Dutch	PDF
Full model	31/12/2022	27/06/2023	11/07/2023	Dutch	PDF
Full model	31/12/2021	28/06/2022	06/07/2022	Dutch	PDF
Full modelCorrection	31/12/2020	29/05/2021	12/08/2021	Dutch	PDF
Full model	31/12/2020	29/05/2021	30/06/2021	Dutch	PDF
Full model	31/12/2019	30/05/2020	06/07/2020	Dutch	PDF
Full model	31/12/2018	25/05/2019	18/06/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	27/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	27/07/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	27/07/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	24/07/2015	Dutch	PDF
Full model	31/12/2013	29/07/2014	26/08/2014	Dutch	PDF
Full model	31/12/2012	30/06/2013	12/07/2013	Dutch	PDF
Abridged model	31/12/2011	20/06/2012	22/06/2012	Dutch	PDF
Abridged model	31/12/2010	08/06/2011	23/06/2011	Dutch	PDF
Abridged model	31/12/2009	29/05/2010	31/05/2010	Dutch	PDF
Abridged model	31/12/2008	30/05/2009	22/06/2009	Dutch	PDF
Abridged model	31/12/2007	24/05/2008	27/08/2008	Dutch	PDF
Abridged model	31/12/2006	26/05/2007	13/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 6 active · 37 ended

Active mandates

LOTAS IT & GRAPHICS

Bestuurder · since 01 janvier 2026 · until 26 mai 2029 · 1031.351.708

Represented by Sam Willems

Active

WILSTON

Bestuurder · since 01 janvier 2026 · until 26 mai 2029 · 1031.696.156

Represented by Eva Willems

Active

Bavo Willems

Bestuurder · since 11 avril 2024 · until 26 mai 2029

Active

Ben Willems

Bestuurder · since 11 avril 2024 · until 26 mai 2029

Active

Eva Willems

Bestuurder · since 11 avril 2024 · until 31 décembre 2025

Active

Sam Willems

Bestuurder · since 11 avril 2024 · until 31 décembre 2025

Active

Ended mandates

Diederik Willems

Gedelegeerd bestuurder · since 11 avril 2024 · until 31 août 2024

Ended

Eva Willems

Gedelegeerd bestuurder · since 11 avril 2024 · until 26 mai 2029

Ended

Sam Willems

Gedelegeerd bestuurder · since 11 avril 2024 · until 26 mai 2029

Ended

Bavo Willems

Gedelegeerd bestuurder · since 07 décembre 2023 · until 07 décembre 2029

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares29/04/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates25/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares22/08/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates04/10/2013
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 202589,2 k €↓
2024
Annual accounts 2024601,4 k €↑
2023
Annual accounts 2023111,2 k €↓
2022
Annual accounts 2022113,5 k €↑
2021
Annual accounts 202171,5 k €↑
2012
Annual accounts 20126,5 k €↓
2011
Annual accounts 201128,4 k €↓
2010
Annual accounts 201055,7 k €↑
2009
Annual accounts 2009-27,5 k €↓
2008
Annual accounts 200837,6 k €↓
2007
Annual accounts 200750 k €↑
2006
Annual accounts 2006-24,7 k €
12/07/1990
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

WIPAM

Overview

What does WIPAM do?

Trend over 12 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