WAAK MAATWERKBEDRIJF "WSW"
0457.351.040 · rovalta.com · 27/09/2026
ACTIVE
WAAK MAATWERKBEDRIJF "WSW"
Financial year 2025 · Closed on 31/12/2025
Net result429,6 k €+9,2 %over 1 year
Revenue4,3 M €
Equity4,9 M €+9,4 %over 1 year
Workforce61,3 ETP+2,3 %over 1 year
Overview
Identity
Source · BCE/KBOWAAK MAATWERKBEDRIJF "WSW" is a Non-profit organization incorporated in 1995. Its main activity is: Technical and vocational secondary education. Its registered office is in Kuurne. It employs on average 61,3 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0457.351.040
- Incorporation
- 27/03/1995
- Legal form
- Non-profit organization
- Registered office
- Heirweg 125
8520 Kuurne · FlandreSee on map - Latest accounts
- 31/12/2025
- Average workforce
- 61,3 ETP
Activities (NACE)
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 20 filingsTrend over 17 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 4,3 M € | – | – | 3,6 M € | – | ||||
| EBITDA | 650,6 k € | +8.0% | 602,4 k € | -23.4% | 786,2 k € | +91.5% | 410,5 k € | -45.2% | 749,5 k € |
| Operating result | 391 k € | +7.6% | 363,4 k € | -35.0% | 558,7 k € | +208% | 181,4 k € | -66.1% | 534,8 k € |
| Net result | 429,6 k € | +9.2% | 393,3 k € | -31.7% | 576,1 k € | +208% | 187 k € | -65.2% | 536,8 k € |
| Balance sheet | |||||||||
| Equity | 4,9 M € | +9.4% | 4,5 M € | +10.4% | 4,1 M € | +16.4% | 3,5 M € | +5.6% | 3,3 M € |
| Total assets | 5,5 M € | +8.7% | 5 M € | +8.9% | 4,6 M € | +13.1% | 4,1 M € | +6.8% | 3,8 M € |
| Cash | 699,2 k € | -9.5% | 772,5 k € | +113% | 362,7 k € | +41.0% | 257,2 k € | -59.6% | 636,7 k € |
| Debts | 473,7 k € | +6.9% | 443,3 k € | +6.4% | 416,5 k € | +2.9% | 404,5 k € | +9.0% | 371,2 k € |
| Other | |||||||||
| Workforce | 61,3 ETP | +2.3% | 59,9 ETP | -4.6% | 62,8 ETP | +10.6% | 56,8 ETP | +2.2% | 55,6 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20258 active · 71 ended
Active mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Marian RAPSAET | Director | 29/04/2025 → 30/06/2030 | 000 |
Donald DEFOORT | Director | 06/12/2022 → 30/06/2027 | 0 |
Geert BUYSE | Director | 06/12/2022 → 30/06/2027 | 000 |
Hendrik DERUYCK | Director | 06/12/2022 → 30/06/2027 | 00 |
Jan VANDROMME | Director | 06/12/2022 → 30/06/2027 | 0 |
Luc KEPPENS | Chairman of the board of directors | 06/12/2022 → 30/06/2027 | 000 |
Mia CATTEBEKE | Director | 06/12/2022 → 30/06/2027 | 0 |
Tim VANNIEUWENHUYSE | Managing director | 23/04/2019 → 30/06/2029 | 000 |
Ended mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Luc KEPPENS | Director | 06/12/2022 → 30/06/2027 | 000 |
Tim VANNIEUWENHUYSE | Director | 24/04/2019 → 24/04/2024 | 000 |
Jan SEYNHAEVE | Director | 23/04/2019 → 23/04/2024 | 0 |
Jan SEYNHAEVE | Director | 23/04/2019 → 24/04/2024 | 0 |
Other companies at this address
Heirweg 125 8520 Kuurne| Company | CBE no. |
|---|---|
de branding WAAK VZW● Active | 0441.399.092 |
Nirometal● Liquidation | 0412.576.434 |
Waak Maatwerkbedrijf VZW● Active | 0439.993.582 |
WAAK MWB-BRAND● Active | 0677.493.530 |
Financials
Full financial information
Source · NBB| 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 | 11/05/2026 | 23/05/2025 | 06/05/2024 | 24/04/2023 | 05/05/2022 | 25/05/2021 |
| General meeting | 28/04/2026 | 29/04/2025 | 23/04/2024 | 03/04/2023 | 26/04/2022 | 27/04/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 28/04/2026 | 11/05/2026 | Dutch | |
| Abridged model | 31/12/2024 | 29/04/2025 | 23/05/2025 | Dutch | |
| Abridged model | 31/12/2023 | 23/04/2024 | 06/05/2024 | Dutch | |
| Abridged model | 31/12/2022 | 03/04/2023 | 24/04/2023 | Dutch | |
| Abridged model | 31/12/2021 | 26/04/2022 | 05/05/2022 | Dutch | |
| Abridged model | 31/12/2020 | 27/04/2021 | 25/05/2021 | Dutch | |
| Abridged model | 31/12/2019 | 07/07/2020 | 13/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 23/04/2019 | 07/05/2019 | Dutch | |
| Abridged model | 31/12/2017 | 16/04/2018 | 04/05/2018 | Dutch | |
| Abridged model | 31/12/2016 | 24/04/2017 | 11/05/2017 | Dutch | |
| Abridged model | 31/12/2015 | 25/04/2016 | 24/05/2016 | Dutch | |
| Abridged model | 31/12/2014 | 20/04/2015 | 07/05/2015 | Dutch | |
| Abridged model | 31/12/2013 | 07/04/2014 | 27/05/2014 | Dutch | |
| Abridged model | 31/12/2012 | 08/04/2013 | 22/05/2013 | Dutch | |
| Abridged model | 31/12/2011 | 02/04/2012 | 24/05/2012 | Dutch | |
| Abridged model | 31/12/2010 | 04/04/2011 | 22/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 29/03/2010 | 16/04/2010 | Dutch | |
| Abridged model | 31/12/2008 | 30/03/2009 | 05/05/2009 | Dutch | |
| Abridged model | 31/12/2007 | 03/04/2008 | 24/04/2008 | Dutch | |
| Abridged model | 31/12/2006 | 26/03/2007 | 28/01/2008 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 5 M€ and 10 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
Board of directors
Source · NBB, accounts to 31/12/20258 active · 71 ended
Active mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Marian RAPSAET | Director | 29/04/2025 → 30/06/2030 | 000 |
Donald DEFOORT | Director | 06/12/2022 → 30/06/2027 | 0 |
Geert BUYSE | Director | 06/12/2022 → 30/06/2027 | 000 |
Hendrik DERUYCK | Director | 06/12/2022 → 30/06/2027 | 00 |
Jan VANDROMME | Director | 06/12/2022 → 30/06/2027 | 0 |
Luc KEPPENS | Chairman of the board of directors | 06/12/2022 → 30/06/2027 | 000 |
Mia CATTEBEKE | Director | 06/12/2022 → 30/06/2027 | 0 |
Tim VANNIEUWENHUYSE | Managing director | 23/04/2019 → 30/06/2029 | 000 |
Ended mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Luc KEPPENS | Director | 06/12/2022 → 30/06/2027 | 000 |
Tim VANNIEUWENHUYSE | Director | 24/04/2019 → 24/04/2024 | 000 |
Jan SEYNHAEVE | Director | 23/04/2019 → 23/04/2024 | 0 |
Jan SEYNHAEVE | Director | 23/04/2019 → 24/04/2024 | 0 |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates11/06/2026ONTSLAGEN - BENOEMINGEN
- Mandates06/10/2025ONTSLAGEN - BENOEMINGEN
- Mandates28/05/2024ONTSLAGEN - BENOEMINGEN
- Mandates27/04/2023ONTSLAGEN - BENOEMINGEN
- Mandates12/04/2023BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates20/05/2019ONTSLAGEN - BENOEMINGEN
- Mandates09/06/2017ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates01/08/2016ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025429,6 k €↑
- 2024Annual accounts 2024393,3 k €↓
- 2023Annual accounts 2023576,1 k €↑
- 2022Annual accounts 2022187 k €↓
- 2022Name changeWAAK MAATWERKBEDRIJF "WSW"
- 2021Annual accounts 2021536,8 k €↑
- 2020Annual accounts 2020195,4 k €↓
- 2019Annual accounts 2019409,6 k €↑
- 2018Annual accounts 2018323 k €↓
- 2017Annual accounts 2017396,3 k €↑
- 2016Annual accounts 2016236,4 k €↓
- 2015Annual accounts 2015290,6 k €↑
- 2014Annual accounts 2014195,6 k €↑
- 2013Annual accounts 2013188,7 k €↑
- 2012Annual accounts 2012120,9 k €↑
- 2011Annual accounts 201167,5 k €↓
- 2010Annual accounts 201088,1 k €↑
- 2009Annual accounts 200937 k €
- 27/03/1995IncorporationNon-profit organization
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| WAAK MAATWERKBEDRIJF "WSW"Current | accounts 2022 → 2025 · CBE, tracked since 27/09/2026 | Accounts 2025 · 2026-00109693 |
| WAAK SOCIALE WERKPLAATS VZW "WSW" | accounts 2021 | Accounts 2021 · 2022-20020894 |
Annual accounts date a value by the financial year it appears in. The CBE dates a change to the day, but its history has only been kept since 27/09/2026.