ACTIVE

WITVROUWEN SOFTWARE SERVICES

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Financial year 2024 · closed on 31/12/2024

Net result

36,2 k €

+243.0% YoY

Gross margin

74,1 k €

+134.1% YoY

Equity

177,2 k €

+24.9% YoY

What does WITVROUWEN SOFTWARE SERVICES do?

WITVROUWEN SOFTWARE SERVICES is a Private limited company incorporated in 1998. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Zwalm.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0464.787.277

Incorporation

09/12/1998

Legal form

Private limited company

Registered office

Kerkstraat(Hund) 40/2
9630 Zwalm · FlandreSee on map

Contributed capital

6 205,32 €

Latest accounts

31/12/2024

Activities (NACE)

74855Other professional, scientific and technical activities· main 82100Office administrative and support activities 82110Combined office administrative service activities 47400Retail sale of information and communication equipment in specialised stores 47410Retail sale of computers, peripheral units and software in specialised stores 47789Other retail sale of new goods in specialised stores+5

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	74,1 k €	+134%	31,7 k €	-43.7%	56,3 k €	+14.7%	49 k €	+10.9%	44,2 k €	-12.6%	50,6 k €	-18.2%	61,9 k €	-20.0%	77,4 k €	+32.3%	58,5 k €	+1.0%	57,9 k €	-13.5%	66,9 k €	+5.8%	63,3 k €	+12.6%	56,2 k €	-13.5%	65 k €	+333%	15 k €	-37.6%	24 k €	-1.7%	24,5 k €	-23.3%	31,9 k €
EBITDA	71,1 k €	+135%	30,3 k €	-32.5%	44,8 k €	-6.6%	48 k €	+13.6%	42,2 k €	-13.0%	48,5 k €	-18.3%	59,4 k €	-21.0%	75,2 k €	+33.5%	56,3 k €	-0.6%	56,7 k €	-13.9%	65,9 k €	+6.8%	61,7 k €	+11.9%	55,1 k €	-11.4%	62,2 k €	+479%	10,7 k €	-49.3%	21,2 k €	+2.8%	20,6 k €	-25.9%	27,8 k €
Operating result	54,3 k €	+270%	14,7 k €	-54.4%	32,1 k €	-9.6%	35,5 k €	-0.1%	35,6 k €	-17.6%	43,2 k €	-16.1%	51,4 k €	-17.0%	62 k €	+28.8%	48,1 k €	-2.7%	49,5 k €	-14.9%	58,1 k €	+6.7%	54,4 k €	+7.4%	50,7 k €	-12.0%	57,6 k €	+783%	6,5 k €	-60.1%	16,4 k €	-0.6%	16,4 k €	-34.7%	25,2 k €
Net result	36,2 k €	+243%	10,6 k €	-57.7%	25 k €	-12.3%	28,5 k €	-14.8%	33,4 k €	-10.3%	37,3 k €	+5.6%	35,3 k €	-21.6%	45 k €	+49.4%	30,1 k €	-16.4%	36 k €	-10.7%	40,4 k €	-16.4%	48,3 k €	+27.3%	37,9 k €	-9.4%	41,8 k €	+297%	10,5 k €	-42.3%	18,3 k €	+16.5%	15,7 k €	-36.0%	24,5 k €
Balance sheet
Equity	177,2 k €	+24.9%	141,8 k €	-15.5%	167,7 k €	-5.8%	178 k €	+57.6%	113 k €	+40.6%	80,4 k €	+83.1%	43,9 k €	-47.6%	83,7 k €	+116%	38,7 k €	-54.4%	85 k €	+73.6%	48,9 k €	+471%	8,6 k €	-81.5%	46,3 k €	+453%	8,4 k €	-91.1%	94,2 k €	+12.6%	83,7 k €	+27.9%	65,4 k €	+31.5%	49,8 k €
Total assets	221 k €	-7.4%	238,6 k €	-7.7%	258,4 k €	-12.4%	295 k €	+34.2%	219,9 k €	+7.3%	205 k €	+23.0%	166,7 k €	-22.9%	216,1 k €	+32.7%	162,8 k €	-26.9%	222,6 k €	+18.1%	188,5 k €	+9.9%	171,6 k €	+28.7%	133,3 k €	-7.5%	144,2 k €	-20.2%	180,8 k €	+9.8%	164,6 k €	+11.3%	147,9 k €	+7.6%	137,5 k €
Cash	18,5 k €	+1043%	1,6 k €		0 €	-100%	11 k €	+967%	1 k €	-56.6%	2,4 k €		–		427,6 €		–		2,7 k €	+208%	871,4 €	+296%	220,1 €	-46.4%	410,4 €	-62.2%	1,1 k €		–		–		9,1 k €	-28.0%	12,6 k €
Debts	43,9 k €	-54.5%	96,4 k €	+6.3%	90,7 k €	+28.8%	70,5 k €	+16.7%	60,4 k €	-22.7%	78,1 k €	+2.5%	76,2 k €	-11.1%	85,8 k €	+10.7%	77,5 k €	-14.9%	91,1 k €	-1.8%	92,8 k €	-20.3%	116,5 k €	+188%	40,5 k €	-54.6%	89,3 k €	+117%	41,1 k €	+15.9%	35,5 k €	+0.1%	35,4 k €	-15.9%	42,1 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 6 ended

Active mandates

ANN VERMAERCKE

Director · since 01 février 2006

Active

PAUL WITVROUWEN

Director · since 04 décembre 1998

Active

Ended mandates

Ann Vermaercke

Manager · since 01 février 2006

Ended

PAUL WITVROUWEN

Manager · since 04 décembre 1998

Ended

Ann Vermaercke

Director

Ended

ANN VERMAERCKE

Manager

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	04/07/2025	28/08/2024	19/07/2023	11/08/2022	23/08/2021	15/09/2020
General meeting	13/06/2025	05/07/2024	09/06/2023	10/06/2022	30/07/2021	28/08/2020
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
Micro model	31/12/2024	13/06/2025	04/07/2025	Dutch	PDF
Micro model	31/12/2023	05/07/2024	28/08/2024	Dutch	PDF
Micro model	31/12/2022	09/06/2023	19/07/2023	Dutch	PDF
Micro model	31/12/2021	10/06/2022	11/08/2022	Dutch	PDF
Micro model	31/12/2020	30/07/2021	23/08/2021	Dutch	PDF
Micro model	31/12/2019	28/08/2020	15/09/2020	Dutch	PDF
Micro model	31/12/2018	14/06/2019	25/07/2019	Dutch	PDF
Micro model	31/12/2017	08/06/2018	29/06/2018	Dutch	PDF
Micro model	31/12/2016	09/06/2017	21/06/2017	Dutch	PDF
Abridged model	31/12/2015	10/06/2016	17/06/2016	Dutch	PDF
Abridged model	31/12/2014	12/06/2015	03/07/2015	Dutch	PDF
Abridged model	31/12/2013	13/06/2014	16/06/2014	Dutch	PDF
Abridged model	31/12/2012	14/06/2013	17/06/2013	Dutch	PDF
Abridged model	31/12/2011	08/06/2012	08/06/2012	Dutch	PDF
Abridged model	31/12/2010	10/06/2011	12/08/2011	Dutch	PDF
Abridged model	31/12/2009	11/06/2010	27/08/2010	Dutch	PDF
Abridged model	31/12/2008	12/06/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	13/06/2008	27/08/2008	Dutch	PDF
Abridged model	31/12/2006	08/06/2007	24/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 2 active · 6 ended

Active mandates

ANN VERMAERCKE

Director · since 01 février 2006

Active

PAUL WITVROUWEN

Director · since 04 décembre 1998

Active

Ended mandates

Ann Vermaercke

Manager · since 01 février 2006

Ended

PAUL WITVROUWEN

Manager · since 04 décembre 1998

Ended

Ann Vermaercke

Director

Ended

ANN VERMAERCKE

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office15/10/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates21/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Registered office20/05/2015
MAATSCHAPPELIJKE ZETEL
PDF
Mandates07/10/2010
ONTSLAGEN - BENOEMINGEN
PDF
Registered office23/06/2006
MAATSCHAPPELIJKE ZETEL
PDF
Registered office12/06/2006
MAATSCHAPPELIJKE ZETEL
PDF
Mandates08/03/2006
ONTSLAGEN - BENOEMINGEN
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 202436,2 k €↑
2023
Annual accounts 202310,6 k €↓
2022
Annual accounts 202225 k €↓
2021
Annual accounts 202128,5 k €↓
2019
Annual accounts 201933,4 k €↓
2018
Annual accounts 201837,3 k €↑
2017
Annual accounts 201735,3 k €↓
2016
Annual accounts 201645 k €↑
2015
Annual accounts 201530,1 k €↓
2014
Annual accounts 201436 k €↓
2013
Annual accounts 201340,4 k €↓
2012
Annual accounts 201248,3 k €↑
2011
Annual accounts 201137,9 k €↓
2010
Annual accounts 201041,8 k €↑
2009
Annual accounts 200910,5 k €↓
2008
Annual accounts 200818,3 k €↑
2007
Annual accounts 200715,7 k €↓
2006
Annual accounts 200624,5 k €
09/12/1998
IncorporationPrivate limited company

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

WITVROUWEN SOFTWARE SERVICES

Overview

What does WITVROUWEN SOFTWARE SERVICES do?

Trend over 18 financial years

Indicative valuation

Board of directors

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