ACTIVE

HERW!N

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Financial year 2024 · closed on 31/12/2024

Net result

62,7 k €

-48.0% YoY

Gross margin

1,4 M €

+1.3% YoY

Equity

1,4 M €

+4.8% YoY

Workforce

15,2 ETP

+3.4% YoY

What does HERW!N do?

HERW!N is a Non-profit organization incorporated in 1994. Its main activity is: Libraries, archives, museums and other cultural activities. Its registered office is in Gent. It employs on average 15,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0453.093.037

Incorporation

19/05/1994

Legal form

Non-profit organization

Registered office

Koning Albertlaan 124
9000 Gent · FlandreSee on map

Latest accounts

31/12/2024

Average workforce

15,2 ETP

Activities (NACE)

91110Libraries, archives, museums and other cultural activities· main 94110Activities of business and employers membership organisations 94110Activities of business and employers membership organisations 37200Sewerage 38210Treatment and disposal of non-hazardous waste 38323Recovery of sorted materials

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	1,4 M €	+1.3%	1,4 M €	+32.1%	1 M €	+3.4%	1 M €	-1.9%	1 M €	+3.5%	991,4 k €	+9.9%	902,2 k €	-4.1%	940,5 k €	+27.6%	736,9 k €	+11.3%	662,3 k €	-18.5%	813 k €	+21.9%	666,8 k €	-7.5%	721 k €	-21.4%	917,1 k €	+25.3%	732 k €	+15.9%	631,6 k €	+22.4%	516 k €	-12.2%	587,8 k €
EBITDA	75,1 k €	-56.5%	172,5 k €	+740%	20,5 k €	+9844%	206,6 €	-99.9%	270,5 k €	-4.1%	282,1 k €	+53.0%	184,4 k €	+37.1%	134,5 k €	+438%	-39,8 k €	+60.9%	-101,7 k €	-237%	74,5 k €	+678%	-12,9 k €	+52.7%	-27,2 k €	-122%	123,6 k €	+14.5%	107,9 k €	+478%	18,7 k €	+134%	-54,9 k €	-148%	114,1 k €
Operating result	54,7 k €	-54.6%	120,4 k €	+410%	-38,8 k €	+22.6%	-50,1 k €	-122%	227,9 k €	-13.6%	263,8 k €	+52.1%	173,5 k €	+34.6%	128,8 k €	+386%	-45,1 k €	+57.3%	-105,5 k €	-257%	67,2 k €	+416%	-21,2 k €	+47.4%	-40,4 k €	-136%	111,2 k €	+14.5%	97,2 k €	+906%	9,7 k €	+116%	-61,3 k €	-157%	107,7 k €
Net result	62,7 k €	-48.0%	120,7 k €	+402%	-40 k €	+20.8%	-50,5 k €	-122%	227,2 k €	-13.8%	263,6 k €	+52.2%	173,2 k €	+120%	78,8 k €	+275%	-45 k €	+57.1%	-104,9 k €	-253%	68,7 k €	+448%	-19,7 k €	+47.9%	-37,8 k €	-134%	112,6 k €	+10.7%	101,7 k €	+216%	32,2 k €	+169%	-47 k €	-157%	83 k €
Balance sheet
Equity	1,4 M €	+4.8%	1,3 M €	+10.1%	1,2 M €	-3.2%	1,2 M €	-3.9%	1,3 M €	+27.9%	1 M €	+35.7%	739,5 k €	+30.6%	566,2 k €	+16.2%	487,4 k €	-8.5%	532,5 k €	-16.5%	637,4 k €	+10.9%	574,6 k €	-3.3%	594,3 k €	-6.0%	632,1 k €	+21.7%	519,5 k €	+24.3%	417,9 k €	+8.4%	385,6 k €	-0.5%	387,7 k €
Total assets	1,8 M €	-1.8%	1,9 M €	+23.9%	1,5 M €	-9.1%	1,7 M €	+5.6%	1,6 M €	+4.3%	1,5 M €	+21.9%	1,2 M €	+23.0%	1 M €	+42.2%	706,6 k €	-5.1%	744,3 k €	-16.5%	891,3 k €	+14.1%	781 k €	-0.9%	788,3 k €	-22.1%	1 M €	+20.2%	842,2 k €	+11.1%	758,1 k €	+41.4%	536,1 k €	-1.1%	542,2 k €
Cash	538,2 k €	-49.8%	1,1 M €	-5.8%	1,1 M €	-17.6%	1,4 M €	+2.8%	1,3 M €	+43.2%	937,6 k €	+32.5%	707,7 k €	+11.8%	633 k €	+56.2%	405,2 k €	-27.1%	555,9 k €	+4.4%	532,6 k €	+13.6%	469 k €	+14.7%	408,8 k €	-27.7%	565,1 k €	+3.5%	545,8 k €	+13.2%	482,3 k €	+8.7%	443,6 k €	+20.1%	369,4 k €
Debts	430,5 k €	-1.7%	437,8 k €	+41.0%	310,5 k €	-1.8%	316,1 k €	+54.8%	204,2 k €	+131%	88,5 k €	-54.2%	193,2 k €	+6.7%	181,1 k €	+14.6%	158 k €	+23.5%	127,9 k €	-26.0%	172,9 k €	+8.1%	159,9 k €	-14.4%	186,9 k €	-41.6%	319,9 k €	+11.4%	287 k €	-8.9%	314,9 k €	+138%	132,2 k €	+62.7%	81,3 k €
Other
Workforce	15,2 ETP	+3.4%	14,7 ETP	+8.9%	13,5 ETP	-9.4%	14,9 ETP	+210%	4,8 ETP	-34.2%	7,3 ETP	-34.2%	11,1 ETP	-10.5%	12,4 ETP	+12.7%	11,0 ETP	-6.0%	11,7 ETP	0.0%	11,7 ETP	+12.5%	10,4 ETP	-16.1%	12,4 ETP	-12.7%	14,2 ETP	+26.8%	11,2 ETP	0.0%	11,2 ETP	+0.9%	11,1 ETP	+11.0%	10,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 14 active · 131 ended

Active mandates

Aart Lehembre

Director

Active

Bart Herremans

Director

Active

Bart Vandenbussche

Director

Active

Evy Lemmens

Director

Active

Francis Mertens

Director

Active

Hans Tops

Director

Active

Jan Van Roie

Director

Active

Lieven Van Der Stock

Director

Active

Ludo Lathouwers

Director

Active

Pieter De Gryse

Director

Active

Steven Lapauw

Director

Active

Steven Vandebroeck

Director

Active

Tom Wauters

Director

Active

Vicky Coryn

Chairman of the board of directors

Active

Ended mandates

Marc Baele

Director · since 20 mai 2020 · until 20 mai 2025

Ended

Pieter De Gryse

Director · since 20 mai 2020 · until 20 mai 2025

Ended

Steven Lapauw

Director · since 20 mai 2020 · until 20 mai 2025

Ended

Tom Wauters

Director · since 20 mai 2020 · until 20 mai 2025

Ended

At this address

Other companies at this address

Company	CBE no.
EURO - LEISURE● Active	0448.390.517
FONDS VOOR BESTAANSZEKERHEID IN DE SOCIALE WERKPLAATSEN● Active	0480.114.366
Kringwinkel Groep● Active	1033.922.208
Sectoraal Vormingsfonds voor de Sociale Werkplaatsen van de Vlaamse Gemeenschap● Active	0775.944.273

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	13/06/2025	04/07/2024	04/07/2023	24/08/2022	15/09/2021	28/09/2020
General meeting	22/05/2025	13/06/2024	15/06/2023	09/06/2022	06/09/2021	03/09/2020
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

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	22/05/2025	13/06/2025	Dutch	PDF
Abridged model	31/12/2023	13/06/2024	04/07/2024	Dutch	PDF
Abridged model	31/12/2022	15/06/2023	04/07/2023	Dutch	PDF
Abridged model	31/12/2021	09/06/2022	24/08/2022	Dutch	PDF
Abridged model	31/12/2020	06/09/2021	15/09/2021	Dutch	PDF
Abridged model	31/12/2019	03/09/2020	28/09/2020	Dutch	PDF
Abridged model	31/12/2018	27/06/2019	08/07/2019	Dutch	PDF
Abridged model	31/12/2017	17/05/2018	11/06/2018	Dutch	PDF
Abridged model	31/12/2016	22/06/2017	27/06/2017	Dutch	PDF
Abridged model	31/12/2015	28/04/2016	20/05/2016	Dutch	PDF
Abridged model	31/12/2014	30/04/2015	15/06/2015	Dutch	PDF
Abridged model	31/12/2013	24/04/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	25/04/2013	05/06/2013	Dutch	PDF
Abridged model	31/12/2011	26/04/2012	18/06/2012	Dutch	PDF
Abridged model	31/12/2010	28/04/2011	04/07/2011	Dutch	PDF
Abridged model	31/12/2009	29/04/2010	15/06/2010	Dutch	PDF
Abridged model	31/12/2008	30/04/2009	29/05/2009	Dutch	PDF
Abridged model	31/12/2007	24/04/2008	09/06/2008	Dutch	PDF
Abridged model	31/12/2006	26/04/2007	23/05/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 14 active · 131 ended

Active mandates

Aart Lehembre

Director

Active

Bart Herremans

Director

Active

Bart Vandenbussche

Director

Active

Evy Lemmens

Director

Active

Francis Mertens

Director

Active

Hans Tops

Director

Active

Jan Van Roie

Director

Active

Lieven Van Der Stock

Director

Active

Ludo Lathouwers

Director

Active

Pieter De Gryse

Director

Active

Steven Lapauw

Director

Active

Steven Vandebroeck

Director

Active

Tom Wauters

Director

Active

Vicky Coryn

Chairman of the board of directors

Active

Ended mandates

Marc Baele

Director · since 20 mai 2020 · until 20 mai 2025

Ended

Pieter De Gryse

Director · since 20 mai 2020 · until 20 mai 2025

Ended

Steven Lapauw

Director · since 20 mai 2020 · until 20 mai 2025

Ended

Tom Wauters

Director · since 20 mai 2020 · until 20 mai 2025

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/09/2026
ONTSLAGEN, BENOEMINGEN
PDF
Other05/05/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates02/04/2026
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring19/02/2026
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates03/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/02/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/10/2020
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 202462,7 k €↓
2023
Annual accounts 2023120,7 k €↑
2022
Annual accounts 2022-40 k €↑
2021
Annual accounts 2021-50,5 k €↓
2021
Name changeHerwin
2020
Annual accounts 2020227,2 k €↓
2019
Annual accounts 2019263,6 k €↑
2019
Name changeHERW!N
2018
Annual accounts 2018173,2 k €↑
2018
Name changeKOMOSIE
2017
Annual accounts 201778,8 k €↑
2016
Annual accounts 2016-45 k €↑
2015
Annual accounts 2015-104,9 k €↓
2014
Annual accounts 201468,7 k €↑
2013
Annual accounts 2013-19,7 k €↑
2012
Annual accounts 2012-37,8 k €↓
2011
Annual accounts 2011112,6 k €↑
2010
Annual accounts 2010101,7 k €↑
2009
Annual accounts 200932,2 k €↑
2008
Annual accounts 2008-47 k €↓
2007
Annual accounts 200783 k €
2007
Name changeKOEPEL VAN MILIEUONDERNEMERS IN DE SOCIALE ECONOMIE
19/05/1994
IncorporationNon-profit organization

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

HERW!N

Overview

What does HERW!N do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

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