Ewaes
0452.226.668 · rovalta.com · 22/09/2026
ACTIVE
Ewaes
Financial year 2025 · closed on 31/12/2025
Net result
50,1 k €
-25.4% YoY
Gross margin
74,9 k €
-28.9% YoY
Equity
126,2 k €
+65.8% YoY
Overview
What does Ewaes do?
Ewaes is a Private limited company incorporated in 1994. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Zele.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0452.226.668
Incorporation
23/02/1994
Legal form
Private limited company
Registered office
Dokter Armand Rubbensstraat 29
9240 Zele · FlandreSee on map
9240 Zele · FlandreSee on map
Latest accounts
31/12/2025
Activities (NACE)
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 74,9 k € | -28.9% | 105,3 k € | +2.4% | 102,9 k € | +42.9% | 72 k € | +59.7% | 45,1 k € | +78.4% | 25,3 k € | +14088% | 178,1 € | +102% | -9,5 k € | -106% | 172,2 k € | – | – | -1,3 k € | -84.7% | -712,3 € | +46.2% | -1,3 k € | -48.1% | -894,8 € | +30.4% | -1,3 k € | -18.1% | -1,1 k € | +3.6% | -1,1 k € | -105% | -550 € | +30.4% | -790,8 € | |||
| EBITDA | 74,2 k € | -28.9% | 104,4 k € | +3.6% | 100,7 k € | +44.2% | 69,8 k € | +55.9% | 44,8 k € | +79.2% | 25 k € | +93923% | -26,6 € | +99.7% | -9,6 k € | -106% | 172 k € | +61373% | -280,7 € | -0.8% | -278,3 € | +85.5% | -1,9 k € | -131% | -834,7 € | +42.2% | -1,4 k € | -25.2% | -1,2 k € | +25.0% | -1,5 k € | -2.9% | -1,5 k € | -10.4% | -1,4 k € | -23.4% | -1,1 k € | +29.9% | -1,6 k € |
| Operating result | 70,9 k € | -25.2% | 94,8 k € | +3.8% | 91,3 k € | +44.3% | 63,3 k € | +41.3% | 44,8 k € | +79.2% | 25 k € | +93923% | -26,6 € | +99.9% | -37,5 k € | -122% | 172 k € | +61373% | -280,7 € | -0.8% | -278,3 € | +85.5% | -1,9 k € | -131% | -834,7 € | +42.2% | -1,4 k € | -25.2% | -1,2 k € | +25.0% | -1,5 k € | -2.9% | -1,5 k € | -10.4% | -1,4 k € | -23.4% | -1,1 k € | +29.9% | -1,6 k € |
| Net result | 50,1 k € | -25.4% | 67,1 k € | -4.3% | 70,2 k € | +41.9% | 49,5 k € | +34.7% | 36,7 k € | +46.8% | 25 k € | +532% | -5,8 k € | +93.7% | -91,7 k € | -153% | 171,9 k € | +48282% | -356,8 € | -0.3% | -355,7 € | -100% | 310,8 k € | +13238% | -2,4 k € | +19.6% | -2,9 k € | +18.1% | -3,6 k € | -33.3% | -2,7 k € | -83.5% | -1,5 k € | -2.7% | -1,4 k € | -20.4% | -1,2 k € | +27.6% | -1,6 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 126,2 k € | +65.8% | 76,1 k € | +5.9% | 71,9 k € | -17.1% | 86,7 k € | -36.8% | 137,2 k € | +36.5% | 100,5 k € | +33.1% | 75,5 k € | -7.1% | 81,3 k € | -53.0% | 173 k € | +15624% | 1,1 k € | -24.5% | 1,5 k € | -19.6% | 1,8 k € | +101% | -309 k € | -0.8% | -306,6 k € | -1.0% | -303,7 k € | -1.2% | -300,1 k € | -0.9% | -297,4 k € | -0.5% | -295,9 k € | -0.5% | -294,5 k € | -0.4% | -293,3 k € |
| Total assets | 147,5 k € | +50.4% | 98 k € | +15.4% | 85 k € | -5.7% | 90,1 k € | -35.8% | 140,3 k € | +36.2% | 103 k € | +35.9% | 75,8 k € | -11.2% | 85,3 k € | -53.0% | 181,4 k € | +16391% | 1,1 k € | -24.5% | 1,5 k € | -19.6% | 1,8 k € | -98.7% | 142,6 k € | -1.6% | 144,9 k € | +5.7% | 137 k € | +8.5% | 126,3 k € | -34.8% | 193,6 k € | +36504% | 528,9 € | -25.3% | 708,1 € | -28.2% | 986,8 € |
| Cash | 130,2 k € | +103% | 64,2 k € | +464% | 11,4 k € | -82.3% | 64,5 k € | -41.5% | 110,3 k € | +29.5% | 85,2 k € | +25.9% | 67,6 k € | -2.9% | 69,6 k € | -52.9% | 147,7 k € | +13323% | 1,1 k € | -24.5% | 1,5 k € | -19.6% | 1,8 k € | -88.8% | 16,2 k € | -41.9% | 27,9 k € | +161% | 10,7 k € | -11.9% | 12,1 k € | -80.7% | 62,7 k € | +11746% | 528,9 € | +27.9% | 413,5 € | -48.6% | 804,4 € |
| Debts | 21,3 k € | -3.0% | 21,9 k € | +67.3% | 13,1 k € | +282% | 3,4 k € | +12.6% | 3,1 k € | +24.8% | 2,4 k € | +784% | 276,6 € | -93.2% | 4 k € | -52.0% | 8,4 k € | – | – | – | 430,5 k € | +0.1% | 430 k € | +0.1% | 429,7 k € | +3.4% | 415,7 k € | -15.3% | 491 k € | +65.6% | 296,5 k € | +0.4% | 295,2 k € | +0.3% | 294,3 k € | ||||
Estimate
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 20 ended
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
Derzie● Active | 0842.917.132 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Abridged 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 | 30/08/2026 | 25/07/2025 | 28/08/2024 | 31/08/2023 | 29/07/2022 | 30/07/2021 |
| General meeting | 08/06/2026 | 10/06/2025 | 10/06/2024 | 12/06/2023 | 31/05/2022 | 30/06/2021 |
| 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 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 08/06/2026 | 30/08/2026 | Dutch | |
| Micro model | 31/12/2024 | 10/06/2025 | 25/07/2025 | Dutch | |
| Micro model | 31/12/2023 | 10/06/2024 | 28/08/2024 | Dutch | |
| Micro model | 31/12/2022 | 12/06/2023 | 31/08/2023 | Dutch | |
| Micro model | 31/12/2021 | 31/05/2022 | 29/07/2022 | Dutch | |
| Abridged model | 31/12/2020 | 30/06/2021 | 30/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 08/06/2020 | 15/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 10/06/2019 | 12/06/2019 | Dutch | |
| Abridged model | 31/12/2017 | 11/06/2018 | 13/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 12/06/2017 | 19/06/2017 | Dutch | |
| Abridged model | 31/12/2015 | 13/06/2016 | 16/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 08/06/2015 | 24/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 31/07/2014 | 09/10/2014 | Dutch | |
| Abridged model | 31/12/2012 | 31/07/2013 | 30/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 11/06/2012 | 18/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 14/06/2011 | 05/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 14/06/2010 | 13/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 08/06/2009 | 08/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 09/06/2008 | 24/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 11/06/2007 | 06/07/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 500 k€ and 1 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 20 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202550,1 k €↓
- 2024Annual accounts 202467,1 k €↓
- 2023Annual accounts 202370,2 k €↑
- 2022Annual accounts 202249,5 k €↑
- 2022Name changeEWAES
- 2021Annual accounts 202136,7 k €↑
- 2021Name changeCIET II
- 2020Annual accounts 202025 k €↑
- 2019Annual accounts 2019-5,8 k €↑
- 2018Annual accounts 2018-91,7 k €↓
- 2017Annual accounts 2017171,9 k €↑
- 2016Annual accounts 2016-356,8 €↓
- 2015Annual accounts 2015-355,7 €↓
- 2014Annual accounts 2014310,8 k €↑
- 2013Annual accounts 2013-2,4 k €↑
- 2012Annual accounts 2012-2,9 k €↑
- 2011Annual accounts 2011-3,6 k €↓
- 2010Annual accounts 2010-2,7 k €↓
- 2009Annual accounts 2009-1,5 k €↓
- 2008Annual accounts 2008-1,4 k €↓
- 2007Annual accounts 2007-1,2 k €↑
- 2006Annual accounts 2006-1,6 k €
- 23/02/1994IncorporationPrivate limited company