ACTIVE

WHISE

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Financial year 2025 · closed on 31/12/2025

Net result

-26,6 k €

-290.2% YoY

Gross margin

2 M €

+6.7% YoY

Equity

274 k €

-6.3% YoY

Workforce

15,0 ETP

+2.0% YoY

What does WHISE do?

WHISE is a Public limited company incorporated in 2000. Its main activity is: Computer programming activities. Its registered office is in Evere. It employs on average 15,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0471.483.940

Incorporation

22/03/2000

Legal form

Public limited company

Registered office

Chaussée de Louvain 775
1140 Evere · BruxellesSee on map

Contributed capital

270 000,00 €

Latest accounts

31/12/2025

Average workforce

15,0 ETP

Activities (NACE)

62010Computer programming activities· main 62100Computer programming, consultancy and related activities 72220Research and experimental development on social sciences and humanities

Joint committees (3)

Signals

Positive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

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	2 M €	+6.7%	1,9 M €	+4.8%	1,8 M €	+30.5%	1,4 M €	+13.3%	1,2 M €	+36.0%	894,6 k €	-17.1%	1,1 M €	+8.5%	994,9 k €	+43.9%	691,4 k €	+24.7%	554,5 k €	+11.8%	496 k €	+2.5%	483,9 k €	-14.3%	564,7 k €	+14.1%	495 k €	+3.0%	480,5 k €	+3.8%	462,9 k €	-10.0%	514,2 k €	+19.8%	429,3 k €	+47.7%	290,6 k €	+13.2%	256,7 k €
EBITDA	653,5 k €	+9.5%	597 k €	+3.2%	578,4 k €	+89.1%	305,9 k €	-28.1%	425,6 k €	+6.6%	399,2 k €	-6.6%	427,4 k €	-2.1%	436,5 k €	+78.6%	244,4 k €	-27.4%	336,8 k €	+14.3%	294,8 k €	+8.4%	271,8 k €	-14.9%	319,5 k €	+13.7%	280,9 k €	+12.1%	250,6 k €	-1.1%	253,5 k €	+29.8%	195,4 k €	+55.7%	125,4 k €	+44.2%	87 k €	-13.7%	100,8 k €
Operating result	60,4 k €	-39.4%	99,6 k €	+5.6%	94,3 k €	+168%	-138,8 k €	-15684%	890,7 €	-97.0%	29,6 k €	-44.1%	53 k €	-49.1%	104,2 k €	+281%	-57,6 k €	-152%	111,1 k €	+36.2%	81,6 k €	+72.0%	47,4 k €	-9.7%	52,5 k €	+441%	9,7 k €	-67.6%	29,9 k €	-69.4%	97,7 k €	+177%	35,3 k €	+596%	-7,1 k €	+18.4%	-8,7 k €	-157%	15,3 k €
Net result	-26,6 k €	-290%	14 k €	+5.1%	13,3 k €	+107%	-191,4 k €	-363%	-41,3 k €	-26.4%	-32,7 k €	-283%	17,8 k €	-74.5%	70 k €	+185%	-81,9 k €	-230%	63,1 k €	+37.4%	45,9 k €	+113%	21,5 k €	-46.2%	40 k €	+474%	-10,7 k €	-239%	7,7 k €	-89.1%	70,2 k €	+165%	26,5 k €	+204%	-25,5 k €	-125%	-11,3 k €	-244%	7,9 k €
Balance sheet
Equity	274 k €	-6.3%	292,5 k €	+1.5%	288,3 k €	+4.8%	275 k €	-41.0%	466,5 k €	-8.1%	507,8 k €	-6.0%	540,5 k €	+3.4%	522,6 k €	+15.5%	452,6 k €	-15.3%	534,5 k €	+13.4%	471,5 k €	+10.8%	425,6 k €	+5.3%	404 k €	+11.0%	364,1 k €	+108%	174,7 k €	+4.6%	167,1 k €	+72.6%	96,8 k €	+37.7%	70,3 k €	-26.6%	95,8 k €	-10.6%	107,1 k €
Total assets	2,3 M €	-2.5%	2,4 M €	+9.6%	2,2 M €	-4.7%	2,3 M €	+29.8%	1,7 M €	+17.8%	1,5 M €	-5.4%	1,6 M €	-3.3%	1,6 M €	+15.3%	1,4 M €	+44.8%	970,2 k €	-0.4%	973,8 k €	+9.2%	891,9 k €	+9.9%	811,9 k €	+4.9%	773,6 k €	-8.5%	845,2 k €	-4.3%	883 k €	+32.6%	665,8 k €	-3.8%	692,2 k €	+82.3%	379,8 k €	+9.7%	346,1 k €
Cash	184 k €	-20.6%	231,8 k €	+5.3%	220,2 k €	-37.8%	354 k €	-3.4%	366,6 k €	+739%	43,7 k €	-36.5%	68,8 k €	+35.9%	50,6 k €	+60.7%	31,5 k €	-10.1%	35 k €	+5.5%	33,2 k €	+74.3%	19 k €	-23.5%	24,9 k €	+44.2%	17,3 k €	-59.5%	42,6 k €	-73.5%	161,1 k €	+4691%	3,4 k €	-96.8%	104,9 k €	+212%	33,6 k €	+51.0%	22,2 k €
Debts	1,7 M €	-6.1%	1,8 M €	+12.7%	1,6 M €	-8.6%	1,7 M €	+84.7%	947,1 k €	-2.4%	970,9 k €	-5.3%	1 M €	-6.5%	1,1 M €	+15.7%	947,7 k €	+118%	435,7 k €	-13.3%	502,3 k €	+7.7%	466,3 k €	+14.4%	407,8 k €	+0.3%	406,6 k €	-39.4%	670,5 k €	-5.7%	710,8 k €	+24.9%	569 k €	-8.5%	622 k €	+119%	284,1 k €	+18.8%	239 k €
Other
Workforce	15,0 ETP	+2.0%	14,7 ETP	0.0%	14,7 ETP	-9.8%	16,3 ETP	+49.5%	10,9 ETP	+22.5%	8,9 ETP	+15.6%	7,7 ETP	-27.4%	10,6 ETP	+76.7%	6,0 ETP	+50.0%	4,0 ETP	0.0%	4,0 ETP	0.0%	4,0 ETP	-20.0%	5,0 ETP	0.0%	5,0 ETP	0.0%	5,0 ETP	+11.1%	4,5 ETP	-15.1%	5,3 ETP	-3.6%	5,5 ETP	+22.2%	4,5 ETP	+12.5%	4,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 15 ended

Active mandates

CHAGUIANT

Director · 0809.033.250

Represented by Guy-Joël de Lhoneux

Active

CVO

Director · 0472.324.177

Represented by Jean WAUCQUEZ

Active

Olivier de GROOTE

Director · 0471.961.319

Represented by Olivier de Groote

Active

Ended mandates

BNI

Managing director · since 10 juillet 2018 · until 30 juin 2024 · 0882.822.734

Represented by Ben HUYBRECHTS

Ended

BNI

Managing director · since 10 juillet 2018 · until 30 juin 2024 · 0882.822.734

Represented by Ben Huybrechts

Ended

CVO

Managing director · since 10 juillet 2018 · until 30 juin 2024 · 0472.324.177

Represented by Jean WAUCQUEZ

Ended

CVO

Managing director · since 10 juillet 2018 · until 30 juin 2024 · 0472.324.177

Represented by J. Waucquez

Ended

At this address

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WHISE GROUP● Active	0816.642.307

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	31/08/2026	16/06/2025	19/08/2024	03/08/2023	27/07/2022	31/08/2021
General meeting	30/06/2026	26/05/2025	29/06/2024	30/06/2023	30/06/2022	30/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	26/05/2025	16/06/2025	Dutch	PDF
Abridged model	31/12/2023	29/06/2024	19/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	03/08/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	27/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	31/07/2020	20/08/2020	Dutch	PDF
Abridged model	31/12/2018	01/04/2019	27/08/2019	Dutch	PDF
Abridged model	31/12/2017	03/04/2018	31/07/2018	Dutch	PDF
Abridged model	31/12/2016	01/04/2017	28/07/2017	Dutch	PDF
Abridged model	31/12/2015	01/04/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	01/04/2015	25/08/2015	Dutch	PDF
Abridged model	31/12/2013	01/04/2014	26/08/2014	Dutch	PDF
Abridged model	31/12/2012	02/04/2013	26/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	01/04/2011	26/07/2011	Dutch	PDF
Abridged model	31/12/2009	01/04/2010	06/08/2010	Dutch	PDF
Abridged model	31/12/2008	01/04/2009	09/07/2009	Dutch	PDF
Abridged model	31/12/2007	01/04/2008	19/06/2008	Dutch	PDF
Abridged model	31/12/2006	01/04/2007	30/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 31/12/2025 · 3 active · 15 ended

Active mandates

CHAGUIANT

Director · 0809.033.250

Represented by Guy-Joël de Lhoneux

Active

CVO

Director · 0472.324.177

Represented by Jean WAUCQUEZ

Active

Olivier de GROOTE

Director · 0471.961.319

Represented by Olivier de Groote

Active

Ended mandates

BNI

Managing director · since 10 juillet 2018 · until 30 juin 2024 · 0882.822.734

Represented by Ben HUYBRECHTS

Ended

BNI

Managing director · since 10 juillet 2018 · until 30 juin 2024 · 0882.822.734

Represented by Ben Huybrechts

Ended

CVO

Managing director · since 10 juillet 2018 · until 30 juin 2024 · 0472.324.177

Represented by Jean WAUCQUEZ

Ended

CVO

Managing director · since 10 juillet 2018 · until 30 juin 2024 · 0472.324.177

Represented by J. Waucquez

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares29/04/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - KAPITAAL - AANDELEN
PDF
Mandates16/04/2026
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares14/03/2023
OBJET - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates10/03/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates10/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/06/2020
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares04/01/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates13/09/2012
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

2025
Annual accounts 2025-26,6 k €↓
2024
Annual accounts 202414 k €↑
2023
Annual accounts 202313,3 k €↑
2022
Annual accounts 2022-191,4 k €↓
2021
Annual accounts 2021-41,3 k €↓
2020
Annual accounts 2020-32,7 k €↓
2019
Annual accounts 201917,8 k €↓
2018
Annual accounts 201870 k €↑
2017
Annual accounts 2017-81,9 k €↓
2016
Annual accounts 201663,1 k €↑
2015
Annual accounts 201545,9 k €↑
2014
Annual accounts 201421,5 k €↓
2013
Annual accounts 201340 k €↑
2012
Annual accounts 2012-10,7 k €↓
2011
Annual accounts 20117,7 k €↓
2010
Annual accounts 201070,2 k €↑
2009
Annual accounts 200926,5 k €↑
2008
Annual accounts 2008-25,5 k €↓
2007
Annual accounts 2007-11,3 k €↓
2006
Annual accounts 20067,9 k €
22/03/2000
IncorporationPublic 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

WHISE

Overview

What does WHISE do?

Trend over 20 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