WITH20 architecten
0454.314.049 · rovalta.com · 23/09/2026
ACTIVE
WITH20 architecten
Financial year 2025 · closed on 31/12/2025
Net result
5,7 k €
-89.9% YoY
Gross margin
915,3 k €
-15.1% YoY
Equity
575,6 k €
-0.2% YoY
Workforce
7,7 ETP
-10.5% YoY
Overview
What does WITH20 architecten do?
WITH20 architecten is a Public limited company incorporated in 1995. Its main activity is: Architectural activities. Its registered office is in Vilvoorde. It employs on average 7,7 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0454.314.049
Incorporation
16/01/1995
Legal form
Public limited company
Registered office
Witherenstraat 14
1800 Vilvoorde · FlandreSee on map
1800 Vilvoorde · FlandreSee on map
Contributed capital
136 750,00 €
Latest accounts
31/12/2025
Average workforce
7,7 ETP
Activities (NACE)
Joint committees (4)
- 100
- 200
- 336
- 3360
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Available with a Rovalta subscriptionTry for 7 days
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 | 915,3 k € | -15.1% | 1,1 M € | -5.4% | 1,1 M € | +13.3% | 1 M € | +5.5% | 953,1 k € | -17.5% | 1,2 M € | +48.8% | 776,6 k € | -0.5% | 780,5 k € | +31.6% | 593,2 k € | +46.2% | 405,7 k € | -28.4% | 566,3 k € | -26.1% | 766,2 k € | +95.3% | 392,4 k € | -6.8% | 420,8 k € | -7.5% | 454,9 k € | -9.4% | 502,1 k € | -31.7% | 735,6 k € | -19.3% | 911,6 k € | +28.7% | 708,3 k € | +16.2% | 609,3 k € |
| EBITDA | 239,8 k € | -26.4% | 325,7 k € | -5.9% | 346,1 k € | -5.1% | 364,6 k € | +28.7% | 283,3 k € | -50.0% | 567,1 k € | +192% | 193,9 k € | -28.9% | 272,7 k € | +47.6% | 184,7 k € | +108% | 88,9 k € | -56.9% | 206,4 k € | -49.8% | 411,5 k € | +354% | 90,7 k € | -18.7% | 111,5 k € | -10.3% | 124,3 k € | -15.1% | 146,4 k € | -58.7% | 354,8 k € | -35.2% | 547,5 k € | +43.0% | 382,9 k € | +17.7% | 325,4 k € |
| Operating result | 87,1 k € | -47.9% | 167,1 k € | -35.8% | 260,4 k € | -21.9% | 333,5 k € | +50.8% | 221,1 k € | -56.8% | 512,2 k € | +269% | 138,7 k € | -30.1% | 198,4 k € | +35.1% | 146,9 k € | +323% | 34,7 k € | -72.9% | 128,1 k € | -64.9% | 364,7 k € | +672% | 47,3 k € | +2.8% | 46 k € | -10.1% | 51,1 k € | -18.2% | 62,5 k € | -75.5% | 255,4 k € | -41.6% | 437,4 k € | +57.8% | 277,2 k € | +25.9% | 220,3 k € |
| Net result | 5,7 k € | -89.9% | 55,9 k € | -67.4% | 171,5 k € | -28.4% | 239,6 k € | +47.3% | 162,7 k € | -57.2% | 380,2 k € | +306% | 93,7 k € | -39.0% | 153,7 k € | +57.6% | 97,5 k € | +390% | 19,9 k € | -88.3% | 169,7 k € | -27.9% | 235,4 k € | +52.4% | 154,4 k € | +156% | 60,3 k € | +44.3% | 41,8 k € | -12.4% | 47,7 k € | -72.6% | 173,8 k € | -41.4% | 296,5 k € | +57.3% | 188,4 k € | +20.9% | 155,8 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 575,6 k € | -0.2% | 576,9 k € | +7.6% | 536,2 k € | +38.7% | 386,6 k € | +129% | 169,2 k € | -81.8% | 929 k € | +26.8% | 732,6 k € | -11.2% | 825,5 k € | +2.1% | 808,3 k € | +4.9% | 770,8 k € | -23.0% | 1 M € | -0.4% | 1 M € | +30.6% | 769,8 k € | -22.9% | 998,6 k € | +6.4% | 938,3 k € | +4.7% | 896,6 k € | +5.6% | 848,9 k € | +17.1% | 725,2 k € | +44.0% | 503,7 k € | -14.7% | 590,3 k € |
| Total assets | 2,6 M € | -10.3% | 2,9 M € | +23.0% | 2,4 M € | +41.0% | 1,7 M € | +3.1% | 1,6 M € | -4.3% | 1,7 M € | +8.4% | 1,6 M € | +4.1% | 1,5 M € | +3.1% | 1,5 M € | +4.3% | 1,4 M € | +1.9% | 1,4 M € | +1.3% | 1,4 M € | +4.9% | 1,3 M € | +12.9% | 1,1 M € | +3.1% | 1,1 M € | -8.3% | 1,2 M € | +0.1% | 1,2 M € | -12.9% | 1,4 M € | +45.0% | 955,2 k € | -9.9% | 1,1 M € |
| Cash | 569,8 k € | +91.8% | 297 k € | +171% | 109,6 k € | -4.4% | 114,6 k € | -56.4% | 262,9 k € | -46.3% | 489,6 k € | -9.2% | 539,3 k € | +111% | 255,5 k € | +96.9% | 129,8 k € | -62.4% | 345 k € | +82.0% | 189,6 k € | +173% | 69,4 k € | +23.3% | 56,3 k € | +20.4% | 46,7 k € | -53.4% | 100,4 k € | -5.1% | 105,7 k € | +105% | 51,7 k € | -52.4% | 108,4 k € | +102% | 53,8 k € | +56.4% | 34,4 k € |
| Debts | 2 M € | -12.9% | 2,3 M € | +27.5% | 1,8 M € | +41.6% | 1,3 M € | -11.5% | 1,5 M € | +102% | 718,1 k € | -12.2% | 818,1 k € | +24.8% | 655,5 k € | +1.1% | 648,3 k € | +3.5% | 626,1 k € | +69.2% | 370 k € | +6.3% | 348,1 k € | -10.8% | 390,3 k € | +170% | 144,3 k € | -15.2% | 170,1 k € | -45.4% | 311,7 k € | -12.8% | 357,6 k € | -45.8% | 659,8 k € | +46.1% | 451,5 k € | -3.9% | 469,8 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 7,7 ETP | -10.5% | 8,6 ETP | -1.1% | 8,7 ETP | +2.4% | 8,5 ETP | -13.3% | 9,8 ETP | +12.6% | 8,7 ETP | -2.2% | 8,9 ETP | +6.0% | 8,4 ETP | +27.3% | 6,6 ETP | +29.4% | 5,1 ETP | +8.5% | 4,7 ETP | -2.1% | 4,8 ETP | +17.1% | 4,1 ETP | -4.7% | 4,3 ETP | -10.4% | 4,8 ETP | -9.4% | 5,3 ETP | -7.0% | 5,7 ETP | 0.0% | 5,7 ETP | -12.3% | 6,5 ETP | +14.0% | 5,7 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 21 ended
Active mandates
Leen Pieyns
ActiveLien Pierard
ActiveLuc De Hovre
ActiveEnded mandates
Leen Pieyns
EndedLien Pierard
EndedLuc De Hovre
EndedLeen Pieyns
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
BRUT STYFHALS architecten● Active | 0758.940.173 |
HARQUITECTES STYFHALS architects● Active | 0798.135.202 |
Styfhals & Partners Architects● Active | 0668.448.378 |
WINHOV WITH20 architecten● Active | 1030.770.104 |
WIT20● Active | 0744.666.426 |
With20 &bogdan architecten● Active | 1037.467.260 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged 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 | 11/06/2026 | 25/06/2025 | 25/06/2024 | 16/06/2023 | 20/06/2022 | 30/07/2021 |
| General meeting | 09/06/2026 | 10/06/2025 | 11/06/2024 | 13/06/2023 | 14/06/2022 | 08/06/2021 |
| 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
22 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 09/06/2026 | 11/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 10/06/2025 | 25/06/2025 | Dutch | |
| Abridged model | 31/12/2023 | 11/06/2024 | 25/06/2024 | Dutch | |
| Abridged model | 31/12/2022 | 13/06/2023 | 16/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 14/06/2022 | 20/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 08/06/2021 | 30/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 09/06/2020 | 16/06/2020 | Dutch | |
| Abridged model | 31/12/2018 | 30/06/2019 | 17/07/2019 | Dutch | |
| Abridged modelCorrection | 31/12/2017 | 12/06/2018 | 20/09/2018 | Dutch | |
| Abridged model | 31/12/2017 | 12/06/2018 | 05/07/2018 | Dutch | |
| Abridged modelCorrection | 31/12/2016 | 13/06/2017 | 20/09/2018 | Dutch | |
| Abridged model | 31/12/2016 | 13/06/2017 | 07/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 14/06/2016 | 11/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 09/06/2015 | 30/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 27/06/2014 | 29/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 28/06/2013 | 24/07/2013 | Dutch | |
| Abridged model | 31/12/2011 | 12/06/2012 | 06/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 07/06/2011 | 27/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 08/06/2010 | 23/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 09/06/2009 | 26/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 10/06/2008 | 19/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 12/06/2007 | 21/06/2007 | Dutch |
Valuation
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.
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 · 3 active · 21 ended
Active mandates
Leen Pieyns
ActiveLien Pierard
ActiveLuc De Hovre
ActiveEnded mandates
Leen Pieyns
EndedLien Pierard
EndedLuc De Hovre
EndedLeen Pieyns
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates08/07/2026ONTSLAGEN - BENOEMINGEN
- Other28/11/2024BENAMING
- Registered office15/02/2024MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
- Mandates26/08/2021ONTSLAGEN - BENOEMINGEN
- Other06/03/2018BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates18/08/2017ONTSLAGEN - BENOEMINGEN
- Other12/04/2016BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates07/01/2016ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
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 20255,7 k €↓
- 2024Annual accounts 202455,9 k €↓
- 2024Name changeWITH20 architecten
- 2023Annual accounts 2023171,5 k €↓
- 2022Annual accounts 2022239,6 k €↑
- 2021Annual accounts 2021162,7 k €↓
- 2021Name changeStyfhals Architecten
- 2020Annual accounts 2020380,2 k €↑
- 2019Annual accounts 201993,7 k €↓
- 2018Annual accounts 2018153,7 k €↑
- 2017Annual accounts 201797,5 k €↑
- 2016Annual accounts 201619,9 k €↓
- 2015Annual accounts 2015169,7 k €↓
- 2014Annual accounts 2014235,4 k €↑
- 2013Annual accounts 2013154,4 k €↑
- 2012Annual accounts 201260,3 k €↑
- 2011Annual accounts 201141,8 k €↓
- 2010Annual accounts 201047,7 k €↓
- 2009Annual accounts 2009173,8 k €↓
- 2008Annual accounts 2008296,5 k €↑
- 2007Annual accounts 2007188,4 k €↑
- 2006Annual accounts 2006155,8 k €
- 16/01/1995IncorporationPublic limited company