ACTIVE

WELDERS FILTRATION TECHNOLOGY

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Financial year 2025 · Closed on 31/12/2025

Net result
392,1 k €
+19,8 %over 1 year
Gross margin
852,5 k €
+15,1 %over 1 year
Equity
1,6 M €
+21,8 %over 1 year
Workforce
3,0 ETP
0,0 %over 1 year

Identity

Source · BCE/KBO

WELDERS FILTRATION TECHNOLOGY is a Public limited company incorporated in 1990. Its registered office is in Aalst. It employs on average 3,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0441.591.807
Incorporation
24/09/1990
Legal form
Public limited company
Registered office
Wijngaardveld 5
9300 Aalst · FlandreSee on map
Contributed capital
198 314,82 €
Latest accounts
31/12/2025
Average workforce
3,0 ETP
Joint committees (2)
  • 111
  • 209
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin852,5 k €740,4 k €1,3 M €605 k €571,5 k €
EBITDA530,2 k €424,2 k €965,4 k €295,9 k €324,2 k €
Operating result503,9 k €402,6 k €913,4 k €293,5 k €291,6 k €
Net result392,1 k €327,2 k €675,9 k €222,4 k €213,1 k €
Balance sheet
Equity1,6 M €1,3 M €1,2 M €834,3 k €611,8 k €
Total assets2,6 M €2,2 M €3,1 M €1,8 M €1,6 M €
Cash1,3 M €509,6 k €899 k €460,4 k €479,6 k €
Debts924,3 k €765 k €1,9 M €940,1 k €975,1 k €
Other
Workforce3,0 ETP3,0 ETP3,0 ETP3,3 ETP3,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 20 ended

Active mandates

MAGMAS

Director · since 29 octobre 2024 · 0552.762.022

Represented by Mahieu Ignaas

Active

Ended mandates

MAGMAS

Director · since 29 octobre 2024 · 0552.762.022

Represented by Ignaas Mahieu

Ended
Ignaas Mahieu

Director · since 29 mars 2019 · until 29 octobre 2024

Ended
Ignaas Mahieu

Director · since 29 mars 2019

Ended
MAGMAS

Managing director · since 29 mars 2019 · until 24 février 2020 · 0552.762.022

Represented by Ignaas Mahieu

Ended

Other companies at this address

Wijngaardveld 5 9300 Aalst
CompanyCBE no.
ASLAN PARTNERS● Active
0898.178.032
Welders● Active
0405.755.651

Full financial information

Source · NBB
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 date22/06/202618/06/202524/06/202419/06/202320/06/202221/06/2021
General meeting19/06/202618/06/202521/06/202416/06/202317/06/202218/06/2021
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
Abridged model31/12/202519/06/202622/06/2026DutchPDF
Abridged model31/12/202418/06/202518/06/2025DutchPDF
Abridged model31/12/202321/06/202424/06/2024DutchPDF
Abridged model31/12/202216/06/202319/06/2023DutchPDF
Abridged model31/12/202117/06/202220/06/2022DutchPDF
Abridged model31/12/202018/06/202121/06/2021DutchPDF
Abridged model31/12/201919/06/202030/06/2020DutchPDF
Abridged model31/12/201828/03/201912/04/2019DutchPDF
Abridged model31/12/201721/06/201822/06/2018DutchPDF
Abridged model31/12/201630/06/201726/07/2017DutchPDF
Abridged model31/12/201503/06/201629/06/2016DutchPDF
Abridged model31/12/201419/06/201526/06/2015DutchPDF
Abridged model31/12/201330/06/201411/07/2014DutchPDF
Abridged model31/12/201215/03/201328/06/2013DutchPDF
Abridged model31/12/201102/06/201215/06/2012DutchPDF
Abridged model31/12/201003/06/201130/06/2011DutchPDF
Abridged model31/12/200911/06/201009/07/2010DutchPDF
Abridged model31/12/200829/05/200929/06/2009DutchPDF
Abridged model31/12/200712/06/200819/06/2008DutchPDF
Full model31/12/200616/03/200725/04/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 20 ended

Active mandates

MAGMAS

Director · since 29 octobre 2024 · 0552.762.022

Represented by Mahieu Ignaas

Active

Ended mandates

MAGMAS

Director · since 29 octobre 2024 · 0552.762.022

Represented by Ignaas Mahieu

Ended
Ignaas Mahieu

Director · since 29 mars 2019 · until 29 octobre 2024

Ended
Ignaas Mahieu

Director · since 29 mars 2019

Ended
MAGMAS

Managing director · since 29 mars 2019 · until 24 février 2020 · 0552.762.022

Represented by Ignaas Mahieu

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates19/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/02/2020
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates02/05/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/12/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/04/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares27/10/2005
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates31/10/2003
    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 2025392,1 k €↑
  2. 2024
    Annual accounts 2024327,2 k €↓
  3. 2023
    Annual accounts 2023675,9 k €↑
  4. 2022
    Annual accounts 2022222,4 k €↑
  5. 2021
    Annual accounts 2021213,1 k €↑
  6. 2020
    Annual accounts 202035,1 k €↑
  7. 2019
    Annual accounts 2019-12,7 k €↓
  8. 2018
    Annual accounts 2018122,9 k €↑
  9. 2017
    Annual accounts 2017100,9 k €↑
  10. 2016
    Annual accounts 201651,5 k €↓
  11. 2015
    Annual accounts 201580,8 k €↑
  12. 2014
    Annual accounts 201439,4 k €↓
  13. 2013
    Annual accounts 201350,2 k €↓
  14. 2012
    Annual accounts 201256,7 k €↑
  15. 2011
    Annual accounts 20111,9 k €↓
  16. 2010
    Annual accounts 201058,7 k €↑
  17. 2009
    Annual accounts 200914,1 k €↓
  18. 2008
    Annual accounts 200861,4 k €↑
  19. 2007
    Annual accounts 200751,3 k €
  20. 24/09/1990
    IncorporationPublic limited company