ACTIVE

de branding WAAK VZW

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Financial year 2025 · Closed on 31/12/2025

Net result717,2 k €-20,9 %over 1 year
Revenue3,5 M €+6,1 %over 1 year
Equity13,1 M €+4,3 %over 1 year
Workforce277,5 ETP+5,5 %over 1 year

Identity

Source · BCE/KBO

de branding WAAK VZW is a Non-profit organization incorporated in 1989. Its main activity is: Residential care activities for mental retardation, mental health and substance abuse. Its registered office is in Kuurne. It employs on average 277,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0441.399.092
Incorporation
04/09/1989
Legal form
Non-profit organization
Registered office
Heirweg 125
8520 Kuurne · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
277,5 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 16 financial years

20252024202320222021
Income statement
Revenue3,5 M €3,3 M €3,2 M €2,8 M €2,6 M €
EBITDA2 M €1,8 M €1,7 M €800,5 k €1,5 M €
Operating result696,2 k €887,1 k €806,4 k €280 k €1 M €
Net result717,2 k €906,4 k €823,4 k €275,3 k €896,7 k €
Balance sheet
Equity13,1 M €12,6 M €11,8 M €11,1 M €11 M €
Total assets23 M €21,4 M €21,2 M €16,7 M €13,6 M €
Cash1,8 M €1,2 M €2,6 M €1,9 M €2,1 M €
Debts9,6 M €8,8 M €9,4 M €5,5 M €2,7 M €
Other
Workforce277,5 ETP263,0 ETP262,6 ETP255,0 ETP249,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 78 ended

Active mandates

Els PERSYN

Director · since 23 avril 2024 · until 30 juin 2029

Active
Tim VANNIEUWENHUYSE

Managing director · since 23 avril 2024 · until 30 juin 2029

Active
Jan VANDROMME

Director · since 03 avril 2023 · until 30 juin 2028

Active
Geert BUYSE

Director · since 18 avril 2022 · until 30 juin 2027

Active
Geert DELAGRANGE

Chairman of the board of directors · since 18 avril 2022 · until 30 juin 2027

Active
Hendrik DERUYCK

Vice-chairman of the board of directors · since 18 avril 2022 · until 30 juin 2027

Active
Mia CATTEBEKE

Director · since 18 avril 2022 · until 30 juin 2027

Active
Patrick COKELAERE

Director · since 18 avril 2022 · until 30 juin 2027

Active

Ended mandates

Doris VAN AVERBEKE

Director · since 18 avril 2022 · until 18 avril 2023

Ended
Els PERSYN

Director · since 23 avril 2019 · until 23 avril 2024

Ended
Els PERSYN

Director · since 23 avril 2019 · until 24 avril 2024

Ended
Jan SEYNHAEVE

Director · since 23 avril 2019 · until 23 avril 2024

Ended

Other companies at this address

Heirweg 125 8520 Kuurne
CompanyCBE no.
Nirometal● Liquidation
0412.576.434
Waak Maatwerkbedrijf VZW● Active
0439.993.582
WAAK MAATWERKBEDRIJF "WSW"● Active
0457.351.040
WAAK MWB-BRAND● Active
0677.493.530

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date11/05/202623/05/202506/05/202424/04/202305/05/202225/05/2021
General meeting28/04/202629/04/202523/04/202403/04/202326/04/202227/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202528/04/202611/05/2026DutchPDF
Full model31/12/202429/04/202523/05/2025DutchPDF
Full model31/12/202323/04/202406/05/2024DutchPDF
Full model31/12/202203/04/202324/04/2023DutchPDF
Full model31/12/202126/04/202205/05/2022DutchPDF
Full model31/12/202027/04/202125/05/2021DutchPDF
Full model31/12/201907/07/202013/07/2020DutchPDF
Full model31/12/201823/04/201907/05/2019DutchPDF
Full model31/12/201716/04/201804/05/2018DutchPDF
Full model31/12/201618/04/201709/05/2017DutchPDF
Full model31/12/201518/04/201620/05/2016DutchPDF
Full model31/12/201427/04/201507/05/2015DutchPDF
Full model31/12/201328/04/201427/05/2014DutchPDF
Full model31/12/201229/04/201327/05/2013DutchPDF
Full model31/12/201117/04/201224/05/2012DutchPDF
Full model31/12/201011/04/201122/06/2011DutchPDF
Full model31/12/200926/04/201003/05/2010DutchPDF
Full model31/12/200830/03/200905/05/2009DutchPDF
Full model31/12/200703/04/200823/04/2008DutchPDF
Full model31/12/200626/03/200728/01/2008DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 78 ended

Active mandates

Els PERSYN

Director · since 23 avril 2024 · until 30 juin 2029

Active
Tim VANNIEUWENHUYSE

Managing director · since 23 avril 2024 · until 30 juin 2029

Active
Jan VANDROMME

Director · since 03 avril 2023 · until 30 juin 2028

Active
Geert BUYSE

Director · since 18 avril 2022 · until 30 juin 2027

Active
Geert DELAGRANGE

Chairman of the board of directors · since 18 avril 2022 · until 30 juin 2027

Active
Hendrik DERUYCK

Vice-chairman of the board of directors · since 18 avril 2022 · until 30 juin 2027

Active
Mia CATTEBEKE

Director · since 18 avril 2022 · until 30 juin 2027

Active
Patrick COKELAERE

Director · since 18 avril 2022 · until 30 juin 2027

Active

Ended mandates

Doris VAN AVERBEKE

Director · since 18 avril 2022 · until 18 avril 2023

Ended
Els PERSYN

Director · since 23 avril 2019 · until 23 avril 2024

Ended
Els PERSYN

Director · since 23 avril 2019 · until 24 avril 2024

Ended
Jan SEYNHAEVE

Director · since 23 avril 2019 · until 23 avril 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates13/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/01/2023
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates20/05/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/06/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/05/2017
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates19/09/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/07/2015
    ONTSLAGEN - BENOEMINGEN
    PDF

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 2025717,2 k €↓
  2. 2024
    Annual accounts 2024906,4 k €↑
  3. 2023
    Annual accounts 2023823,4 k €↑
  4. 2022
    Annual accounts 2022275,3 k €↓
  5. 2021
    Annual accounts 2021896,7 k €↓
  6. 2020
    Annual accounts 2020936,7 k €↓
  7. 2019
    Annual accounts 20193,1 M €↑
  8. 2018
    Annual accounts 2018270,5 k €↓
  9. 2017
    Annual accounts 2017465,7 k €↑
  10. 2015
    Annual accounts 2015450,7 k €↓
  11. 2014
    Annual accounts 2014608,5 k €↑
  12. 2013
    Annual accounts 2013170,8 k €↓
  13. 2012
    Annual accounts 2012249,4 k €↑
  14. 2011
    Annual accounts 2011210 k €↓
  15. 2010
    Annual accounts 2010212,5 k €↑
  16. 2009
    Annual accounts 2009204,2 k €
  17. 04/09/1989
    IncorporationNon-profit organization