ACTIVE

WIVAS

Export PDF

Financial year 2024 · closed on 31/12/2024

Net result

12,1 k €

+23310.6% YoY

Gross margin

23,8 k €

+244.0% YoY

Equity

663,2 k €

+1.9% YoY

What does WIVAS do?

WIVAS is a Private limited company incorporated in 1993. Its registered office is in Langemark-Poelkapelle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0449.529.573

Incorporation

26/02/1993

Legal form

Private limited company

Registered office

Bruggestraat 49
8920 Langemark-Poelkapelle · FlandreSee on map

Contributed capital

586 020,29 €

Latest accounts

31/12/2024

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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 17 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2008		2007		2006
Income statement
Gross margin	23,8 k €	+244%	6,9 k €	-64.8%	19,7 k €	-3.0%	20,3 k €	+38.4%	14,6 k €	-25.5%	19,7 k €	-10.6%	22 k €	+125%	9,8 k €	-34.7%	15 k €	+1.6%	14,7 k €	-11.0%	16,5 k €	-3.6%	17,1 k €	-2.5%	17,6 k €	+0.7%	17,4 k €	-13.2%	20,1 k €	+35.1%	14,9 k €	-19.0%	18,4 k €
EBITDA	16,8 k €	+12860%	129,9 €	-99.1%	13,9 k €	-4.9%	14,6 k €	+58.6%	9,2 k €	-35.8%	14,3 k €	-14.4%	16,7 k €	+273%	4,5 k €	-54.1%	9,8 k €	+2.1%	9,6 k €	-17.3%	11,6 k €	-6.4%	12,4 k €	-4.4%	12,9 k €	-1.9%	13,2 k €	-16.6%	15,8 k €	+53.6%	10,3 k €	-25.4%	13,8 k €
Operating result	16,8 k €	+12860%	129,9 €	-98.0%	6,5 k €	-10.0%	7,2 k €	+931%	696,1 €	-85.3%	4,7 k €	+405%	935,8 €	-28.7%	1,3 k €	-86.6%	9,8 k €	+2.1%	9,6 k €	-17.3%	11,6 k €	-6.4%	12,4 k €	-4.4%	12,9 k €	-1.9%	13,2 k €	+104%	6,5 k €	+518%	-1,5 k €	-153%	2,9 k €
Net result	12,1 k €	+23311%	51,9 €	-99.0%	5 k €	-6.1%	5,3 k €	+700%	661,6 €	-79.8%	3,3 k €	+261%	905,9 €	-26.6%	1,2 k €	-87.2%	9,7 k €	+1.5%	9,5 k €	-17.5%	11,5 k €	-6.3%	12,3 k €	-3.9%	12,8 k €	-8.1%	13,9 k €	+102%	6,9 k €	+787%	-1 k €	-134%	2,9 k €
Balance sheet
Equity	663,2 k €	+1.9%	651,1 k €	+0.0%	651 k €	+0.8%	646 k €	+0.8%	640,8 k €	+0.1%	640,1 k €	+0.5%	636,8 k €	+0.1%	635,9 k €	+0.2%	634,7 k €	+1.5%	625 k €	+1.5%	615,5 k €	+1.9%	604 k €	+2.1%	591,7 k €	+2.2%	578,8 k €	+5.3%	549,8 k €	+1.3%	542,9 k €	-0.2%	543,9 k €
Total assets	668,3 k €	+1.6%	657,9 k €	+0.4%	655,4 k €	+1.0%	648,7 k €	+0.9%	642,7 k €	+0.1%	641,9 k €	+0.8%	637 k €	+0.0%	636,8 k €	+0.1%	636,3 k €	+1.1%	629,3 k €	+0.7%	625,2 k €	+0.5%	622,1 k €	+0.6%	618,4 k €	+2.7%	602,1 k €	+9.5%	549,9 k €	+1.0%	544,3 k €	+0.1%	544 k €
Cash	21,4 k €	-55.6%	48,1 k €	-3.0%	49,6 k €	-10.4%	55,4 k €	+21.2%	45,7 k €	+8.8%	42 k €	+25.9%	33,3 k €	+50.8%	22,1 k €	+105%	10,8 k €	+118%	5 k €	-60.0%	12,4 k €	-1.3%	12,6 k €	+47.5%	8,5 k €	+272%	2,3 k €	-91.5%	26,9 k €	+113%	12,6 k €	-12.9%	14,5 k €
Debts	4,5 k €	-33.4%	6,8 k €	+57.0%	4,3 k €	+63.5%	2,7 k €	+35.1%	2 k €	+8.6%	1,8 k €	+944%	173,7 €	-79.3%	838,6 €	-47.9%	1,6 k €	-62.1%	4,3 k €	-56.1%	9,7 k €	-46.5%	18,1 k €	-32.4%	26,8 k €	+15.2%	23,2 k €	+26037%	89 €	-93.5%	1,4 k €	+2051%	63,7 €

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 31/12/2024 · 1 active · 4 ended

Active mandates

GEERT VULSTEKE

Director · since 14 avril 2022

Active

Ended mandates

MARK VULSTEKE

Director · since 14 avril 2022

Ended

Wilfried Vulsteke

Manager

Ended

WILFRIED VULSTEKE

Director · until 20 janvier 2022

Ended

WILFRIED VULSTEKE

Director

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/08/2025	30/08/2024	01/09/2023	31/08/2022	30/08/2021	31/08/2020
General meeting	10/05/2025	11/05/2024	13/05/2023	14/05/2022	08/05/2021	09/05/2020
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	10/05/2025	19/08/2025	Dutch	PDF
Micro model	31/12/2023	11/05/2024	30/08/2024	Dutch	PDF
Micro model	31/12/2022	13/05/2023	01/09/2023	Dutch	PDF
Micro model	31/12/2021	14/05/2022	31/08/2022	Dutch	PDF
Micro model	31/12/2020	08/05/2021	30/08/2021	Dutch	PDF
Micro model	31/12/2019	09/05/2020	31/08/2020	Dutch	PDF
Micro model	31/12/2018	11/05/2019	30/08/2019	Dutch	PDF
Micro model	31/12/2017	12/05/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	13/05/2017	08/08/2017	Dutch	PDF
Abridged model	31/12/2015	07/05/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	09/05/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	10/05/2014	21/03/2016	Dutch	PDF
Abridged model	31/12/2012	11/05/2013	21/03/2016	Dutch	PDF
Abridged model	31/12/2011	12/05/2012	21/03/2016	Dutch	PDF
Abridged model	31/12/2008	09/05/2009	09/07/2009	Dutch	PDF
Abridged model	31/12/2007	10/05/2008	17/07/2008	Dutch	PDF
Abridged model	31/12/2006	12/05/2007	29/08/2007	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 31/12/2024 · 1 active · 4 ended

Active mandates

GEERT VULSTEKE

Director · since 14 avril 2022

Active

Ended mandates

MARK VULSTEKE

Director · since 14 avril 2022

Ended

Wilfried Vulsteke

Manager

Ended

WILFRIED VULSTEKE

Director · until 20 janvier 2022

Ended

WILFRIED VULSTEKE

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring20/01/2026
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL
PDF
Restructuring17/11/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates24/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/12/2023
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

2024
Annual accounts 202412,1 k €↑
2023
Annual accounts 202351,9 €↓
2022
Annual accounts 20225 k €↓
2021
Annual accounts 20215,3 k €↑
2020
Annual accounts 2020661,6 €↓
2019
Annual accounts 20193,3 k €↑
2018
Annual accounts 2018905,9 €↓
2017
Annual accounts 20171,2 k €↓
2016
Annual accounts 20169,7 k €↑
2015
Annual accounts 20159,5 k €↓
2014
Annual accounts 201411,5 k €↓
2013
Annual accounts 201312,3 k €↓
2012
Annual accounts 201212,8 k €↓
2011
Annual accounts 201113,9 k €↑
2008
Annual accounts 20086,9 k €↑
2007
Annual accounts 2007-1 k €↓
2006
Annual accounts 20062,9 k €
26/02/1993
IncorporationPrivate 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

WIVAS

Overview

What does WIVAS do?

Trend over 17 financial years

Indicative valuation

Board of directors

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