ACTIVE

Western Union Retail Services Belgium

Financial year 2025 · Closed on 31/12/2025

Net result569,1 k €+152,3 %over 1 year
Revenue3,1 M €+7,2 %over 1 year
Equity11,4 M €+5,3 %over 1 year
Workforce30,9 ETP+25,1 %over 1 year

Identity

Source · BCE/KBO

Western Union Retail Services Belgium is a Public limited company incorporated in 1999. Its main activity is: Other financial service activities, except insurance and pension funding n.e.c.. Its registered office is in Saint-Gilles. It employs on average 30,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0467.996.294
Incorporation
06/12/1999
Legal form
Public limited company
Registered office
Place Louise 6
1060 Saint-Gilles · BruxellesSee on map
Contributed capital
3 320 246,32 €
Latest accounts
31/12/2025
Average workforce
30,9 ETP
Joint committees (3)
  • 200
  • 20000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 15 financial years

20252024202320222021
Income statement
Revenue3,1 M €2,9 M €1,1 M €2,8 M €5 M €
EBITDA762,3 k €213,9 k €937,5 k €5,6 M €1,5 M €
Operating result622,1 k €106,5 k €1,3 M €4,8 M €986,1 k €
Net result569,1 k €225,6 k €705,6 k €3,7 M €314,7 k €
Balance sheet
Equity11,4 M €10,8 M €10,6 M €9,9 M €6,2 M €
Total assets12,2 M €24,8 M €11,5 M €11,4 M €8 M €
Cash3,5 M €2,6 M €2 M €1,8 M €1,6 M €
Debts541,9 k €13,7 M €415 k €791,4 k €1,7 M €
Other
Workforce30,9 ETP24,7 ETP7,5 ETP–23,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 37 ended

Active mandates

Aamir HANIF

Director · since 02 février 2024 · until 01 février 2030

Active
Mathias René LUFT

Managing director · since 21 décembre 2023 · until 20 décembre 2029

Active

Ended mandates

Mathias René LUFT

Director · since 21 décembre 2023 · until 20 décembre 2029

Ended
ANIBAL SORBO Gabriel

Director · since 11 janvier 2021 · until 10 janvier 2027

Ended
Gabriel ANIBAL SORBO

Director · since 11 janvier 2021 · until 21 décembre 2023

Ended
Olga GERASIMOVA

Director · since 23 mars 2020 · until 02 février 2024

Ended

Other companies at this address

Place Louise 6 1060 Saint-Gilles
CompanyCBE no.
0740.476.323
0546.909.754

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/06/202618/07/202511/07/202415/06/202325/05/202211/06/2021
General meeting05/06/202630/06/202528/06/202406/06/202304/05/202208/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202505/06/202617/06/2026DutchPDF
Full model31/12/202430/06/202518/07/2025DutchPDF
Full model31/12/202328/06/202411/07/2024DutchPDF
Full model31/12/202206/06/202315/06/2023DutchPDF
Full model31/12/202104/05/202225/05/2022DutchPDF
Full model31/12/202008/06/202111/06/2021DutchPDF
Full model31/12/201902/06/202003/07/2020DutchPDF
Full model31/12/201804/06/201913/06/2019DutchPDF
Full model31/12/201712/06/201819/06/2018DutchPDF
Full model31/12/201608/06/201721/06/2017DutchPDF
Full model31/12/201507/06/201605/07/2016DutchPDF
Full model31/12/201402/06/201524/06/2015DutchPDF
Full model31/12/201328/08/201429/08/2014DutchPDF
Full model31/12/201204/06/201312/08/2013DutchPDF
Full modelCorrection31/12/201105/06/201208/10/2012DutchPDF
Full model31/12/201105/06/201226/06/2012DutchPDF
Full model31/12/201003/06/201102/09/2011DutchPDF
Full model31/12/200901/06/201023/06/2010DutchPDF
Full model31/12/200802/06/200919/06/2009DutchPDF
Full model31/12/200703/06/200819/06/2008DutchPDF
Full model31/12/200605/06/200725/06/2007DutchPDF

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.

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 37 ended

Active mandates

Aamir HANIF

Director · since 02 février 2024 · until 01 février 2030

Active
Mathias René LUFT

Managing director · since 21 décembre 2023 · until 20 décembre 2029

Active

Ended mandates

Mathias René LUFT

Director · since 21 décembre 2023 · until 20 décembre 2029

Ended
ANIBAL SORBO Gabriel

Director · since 11 janvier 2021 · until 10 janvier 2027

Ended
Gabriel ANIBAL SORBO

Director · since 11 janvier 2021 · until 21 décembre 2023

Ended
Olga GERASIMOVA

Director · since 23 mars 2020 · until 02 février 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other06/07/2026
    Hernieuwing van het mandaat van de commissaris
    PDF
  • Registered office18/06/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates13/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other15/04/2024
    STATUTEN (VERTALING, COORDINATIE, OVERIGE
    PDF
  • Mandates14/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025569,1 k €↑
  2. 2024
    Annual accounts 2024225,6 k €↓
  3. 2023
    Annual accounts 2023705,6 k €↓
  4. 2022
    Annual accounts 20223,7 M €↑
  5. 2021
    Annual accounts 2021314,7 k €↓
  6. 2020
    Annual accounts 2020386,3 k €↑
  7. 2019
    Annual accounts 2019252,7 k €↓
  8. 2018
    Annual accounts 2018961,8 k €↑
  9. 2017
    Annual accounts 2017752,3 k €↓
  10. 2016
    Annual accounts 20161,1 M €↑
  11. 2015
    Annual accounts 2015795,9 k €↑
  12. 2014
    Annual accounts 2014-124,1 k €↑
  13. 2013
    Annual accounts 2013-868,1 k €↓
  14. 2012
    Annual accounts 2012-799,1 k €↑
  15. 2012
    Name changeWESTERN UNION RETAIL SERVICES BELGIUM
  16. 2006
    Annual accounts 2006-836,5 k €
  17. 2006
    Name changeGOFFIN CHANGE
  18. 06/12/1999
    IncorporationPublic limited company