ACTIVE

Wielerclub Eddy Merckxvrienden

Financial year 2024 · Closed on 31/12/2024

Net result-50,4 €+85,3 %over 1 year
Gross margin815,5 k €-11,3 %over 1 year
Equity4,1 k €-1,2 %over 1 year
Workforce8,4 ETP-14,3 %over 1 year

Identity

Source · BCE/KBO

Wielerclub Eddy Merckxvrienden is a Non-profit organization incorporated in 1993. Its main activity is: Gambling and betting activities. Its registered office is in Waregem. It employs on average 8,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0450.639.630
Incorporation
11/08/1993
Legal form
Non-profit organization
Registered office
Kalkhoevestraat 1
8790 Waregem · FlandreSee on map
Latest accounts
31/12/2024
Average workforce
8,4 ETP
Joint committees (2)
  • 100
  • 329
Signals
Good liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 11 filings

Trend over 8 financial years

20242023202220212019
Income statement
Gross margin815,5 k €918,9 k €814,5 k €741,9 k €736,1 k €
EBITDA69,3 k €157,3 k €61,8 k €61,1 k €109,7 k €
Operating result2,2 k €4,8 k €4,3 k €3,7 k €25 k €
Net result-50,4 €-342,3 €-117,7 €-420,5 €-813,1 €
Balance sheet
Equity4,1 k €4,1 k €4,5 k €4,6 k €5,6 k €
Total assets672,3 k €771,9 k €819,3 k €628,7 k €438,4 k €
Cash561,4 k €423,8 k €513,2 k €431,5 k €300,9 k €
Debts308,3 k €401,2 k €480,9 k €304,8 k €273,7 k €
Other
Workforce8,4 ETP9,8 ETP10,2 ETP9,8 ETP10,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

0 active · 3 ended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Alfons Leroy
Director19/05/2023 → 14/06/2025
Eddy Merckx
Director12/06/2024 → 14/06/2025
Ludwig Pausenberger
Director12/06/2024 → 14/06/2025

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Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/07/202524/06/202416/06/202310/06/202216/06/202104/06/2020
General meeting14/06/202512/06/202419/05/202312/05/202220/05/202105/05/2020
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, 11 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202414/06/202507/07/2025DutchPDF
Abridged model31/12/202312/06/202424/06/2024DutchPDF
Abridged model31/12/202219/05/202316/06/2023DutchPDF
Abridged model31/12/202112/05/202210/06/2022DutchPDF
Abridged model31/12/202020/05/202116/06/2021DutchPDF
Abridged model31/12/201905/05/202004/06/2020DutchPDF
Abridged model31/12/201828/05/201925/06/2019DutchPDF
Abridged model31/12/201712/04/201828/09/2018DutchPDF
Abridged model31/12/201628/04/201728/09/2018DutchPDF
Abridged model31/12/200720/03/200818/04/2008DutchPDF
Abridged model31/12/200610/04/200711/05/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2024

0 active · 3 ended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Alfons Leroy
Director19/05/2023 → 14/06/2025
Eddy Merckx
Director12/06/2024 → 14/06/2025
Ludwig Pausenberger
Director12/06/2024 → 14/06/2025

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates14/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/01/2024
    DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates09/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings8 filings
Mandates
Eddy Merckx
Alfons Leroy
Ludwig Pausenberger
1993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
Wielerclub Eddy Merckxvrienden
Kalkhoevestraat 1, 8790 Waregem
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Kalkhoevestraat 1, 8790 WaregemCurrent
accounts 2021 → 2024
Accounts 2024 · 2025-00236517

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Wielerclub Eddy MerckxvriendenCurrent
accounts 2016 → 2024
Accounts 2024 · 2025-00236517

Events

  1. 2024
    Annual accounts 2024-50,4 €↑
  2. 2023
    Annual accounts 2023-342,3 €↓
  3. 2022
    Annual accounts 2022-117,7 €↑
  4. 2021
    Annual accounts 2021-420,5 €↑
  5. 2019
    Annual accounts 2019-813,1 €↓
  6. 2018
    Annual accounts 2018-434,5 €↓
  7. 2017
    Annual accounts 2017-411,8 €↑
  8. 2016
    Annual accounts 2016-865,6 €
  9. 11/08/1993
    IncorporationNon-profit organization