ACTIVE

SILVER WOLVES

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Financial year 2025 · closed on 31/12/2025

Net result

-108,9 k €

-467.2% YoY

Gross margin

394,6 k €

-22.4% YoY

Equity

-30,4 k €

-138.7% YoY

Workforce

6,8 ETP

0.0% YoY

What does SILVER WOLVES do?

SILVER WOLVES is a Private limited company incorporated in 2000. Its main activity is: Other printing. Its registered office is in Ganshoren. It employs on average 6,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0472.246.280

Incorporation

30/06/2000

Legal form

Private limited company

Registered office

Rue Nestor Martin 40 box B
1083 Ganshoren · BruxellesSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Average workforce

6,8 ETP

Activities (NACE)

18120Other printing· main 18120Other printing

Joint committees (2)

Signals

Healthy social debts

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2009		2007		2006
Income statement
Gross margin	394,6 k €	-22.4%	508,2 k €	+37.9%	368,7 k €	+32.0%	279,4 k €	+79.8%	155,4 k €	-13.3%	179,1 k €	+27.3%	140,7 k €	+40.1%	100,4 k €	+60.9%	62,4 k €	-23.5%	81,5 k €	+74.6%	46,7 k €	+357%	10,2 k €	-60.0%	25,5 k €	+43.1%	17,8 k €	-1.7%	18,2 k €	+59.5%	11,4 k €	-56.3%	26,1 k €	+128%	11,4 k €
EBITDA	-48,4 k €	-148%	99,9 k €	+5.5%	94,7 k €	+5.0%	90,2 k €	+6863%	1,3 k €	-95.0%	26,1 k €	+231%	7,9 k €	-87.1%	61,1 k €	+159%	23,6 k €	-70.3%	79,4 k €	+119%	36,2 k €	+628%	5 k €	-59.2%	12,2 k €	-25.3%	16,3 k €	+4.2%	15,7 k €	+54.8%	10,1 k €	-57.4%	23,8 k €	+108%	11,4 k €
Operating result	-94,3 k €	-272%	54,9 k €	-4.3%	57,4 k €	-0.7%	57,8 k €	+349%	-23,2 k €	-642%	-3,1 k €	+50.4%	-6,3 k €	-115%	41 k €	+411%	-13,2 k €	-130%	43,2 k €	+650%	5,8 k €	+156%	-10,4 k €	-256%	6,7 k €	-38.3%	10,8 k €	-15.8%	12,8 k €	+1194%	-1,2 k €	-110%	12 k €	+33.5%	9 k €
Net result	-108,9 k €	-467%	29,7 k €	+37.4%	21,6 k €	-40.7%	36,4 k €	+225%	-29,1 k €	-186%	-10,2 k €	+28.4%	-14,2 k €	-157%	25 k €	+236%	-18,4 k €	-176%	24,4 k €	+1123%	2 k €	+107%	-27,7 k €	-6124%	460 €	-90.4%	4,8 k €	+24.6%	3,8 k €	+147%	-8,1 k €	-323%	3,6 k €	-45.3%	6,7 k €
Balance sheet
Equity	-30,4 k €	-139%	78,5 k €	+60.7%	48,8 k €	+79.3%	27,2 k €	+397%	-9,2 k €	-146%	19,9 k €	-33.8%	30,1 k €	-32.1%	44,3 k €	+130%	19,2 k €	-48.9%	37,7 k €	+183%	13,3 k €	+17.6%	11,3 k €	-71.0%	39 k €	+1.2%	38,5 k €	+14.2%	33,8 k €	+680%	4,3 k €	-61.7%	11,3 k €	+47.6%	7,7 k €
Total assets	565,2 k €	-3.3%	584,6 k €	-26.7%	797,2 k €	+75.8%	453,4 k €	+52.1%	298 k €	-3.7%	309,6 k €	-8.5%	338,2 k €	+23.1%	274,8 k €	+16.5%	235,8 k €	-19.6%	293,3 k €	+13.6%	258,1 k €	+41.9%	181,9 k €	+12.4%	161,8 k €	-13.4%	186,9 k €	+52.4%	122,7 k €	+68.6%	72,8 k €	+29.9%	56 k €	+94.1%	28,9 k €
Cash	141,8 k €	+20.9%	117,3 k €	+25.1%	93,8 k €	+71.2%	54,8 k €	+154%	21,6 k €	+21.4%	17,8 k €	-58.8%	43,1 k €	+93.9%	22,3 k €	+18.5%	18,8 k €	+4.4%	18 k €	+5309%	332,5 €	-92.9%	4,7 k €	+26.9%	3,7 k €	-59.2%	9 k €	-0.5%	9 k €		–		3,5 k €	-27.7%	4,8 k €
Debts	595,7 k €	+17.7%	506,1 k €	-32.2%	746,2 k €	+75.1%	426,1 k €	+41.2%	301,7 k €	+4.2%	289,4 k €	-5.8%	307,2 k €	+33.2%	230,5 k €	+8.5%	212,4 k €	-12.8%	243,5 k €	+4.8%	232,4 k €	+36.2%	170,6 k €	+39.2%	122,5 k €	-17.3%	148,1 k €	+67.2%	88,6 k €	+29.5%	68,4 k €	+53.1%	44,7 k €	+111%	21,2 k €
Other
Workforce	6,8 ETP	0.0%	6,8 ETP	+36.0%	5,0 ETP	+25.0%	4,0 ETP	0.0%	4,0 ETP	0.0%	4,0 ETP		–		1,0 ETP	0.0%	1,0 ETP	+233%	0,3 ETP		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

ACTO PRINT AND MAIL SERVICES

Managing director · since 31 décembre 2024 · 0475.328.704

Active

Giuseppe Di Troia

Director · since 17 décembre 2017

Active

Ended mandates

Giuseppe DI TROIA

Manager · since 01 octobre 2010

Ended

ENVELBAG

Mandate · 0431.217.755

Represented by Koen Van Daele

Ended

Giuseppe Di Troia

Mandate

Ended

Sylvie THUNUS

Manager

Ended

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	23/06/2026	12/06/2025	28/06/2024	04/08/2023	30/08/2022	29/06/2021
General meeting	29/05/2026	23/05/2025	24/05/2024	28/07/2023	27/05/2022	28/05/2021
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/05/2026	23/06/2026	French	PDF
Abridged model	31/12/2024	23/05/2025	12/06/2025	Dutch	PDF
Abridged model	31/12/2023	24/05/2024	28/06/2024	Dutch	PDF
Abridged model	31/12/2022	28/07/2023	04/08/2023	Dutch	PDF
Abridged model	31/12/2021	27/05/2022	30/08/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	29/06/2021	French	PDF
Micro model	31/12/2019	22/05/2020	18/06/2020	French	PDF
Abridged model	31/12/2018	24/05/2019	27/05/2019	French	PDF
Abridged model	31/12/2017	25/05/2018	07/09/2018	French	PDF
Abridged model	31/12/2016	26/05/2017	03/08/2017	French	PDF
Abridged model	31/12/2015	27/05/2016	23/06/2016	French	PDF
Abridged model	31/12/2014	22/05/2015	25/06/2015	French	PDF
Abridged model	31/12/2013	23/05/2014	25/06/2014	French	PDF
Abridged model	31/12/2012	24/05/2013	30/12/2013	French	PDF
Abridged model	31/12/2011	25/05/2012	25/09/2012	French	PDF
Abridged model	31/12/2009	28/05/2010	27/10/2010	French	PDF
Abridged model	31/12/2007	30/05/2008	25/07/2008	French	PDF
Abridged model	31/12/2006	30/05/2007	13/12/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/12/2025 · 2 active · 4 ended

Active mandates

ACTO PRINT AND MAIL SERVICES

Managing director · since 31 décembre 2024 · 0475.328.704

Active

Giuseppe Di Troia

Director · since 17 décembre 2017

Active

Ended mandates

Giuseppe DI TROIA

Manager · since 01 octobre 2010

Ended

ENVELBAG

Mandate · 0431.217.755

Represented by Koen Van Daele

Ended

Giuseppe Di Troia

Mandate

Ended

Sylvie THUNUS

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/10/2023
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/12/2021
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Registered office26/06/2014
SIEGE SOCIAL
PDF
Mandates11/10/2010
DEMISSIONS, NOMINATIONS
PDF
Registered office05/01/2010
SIEGE SOCIAL
PDF
Mandates14/07/2006
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Registered office18/06/2003
SIEGE SOCIAL
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 2025-108,9 k €↓
2024
Annual accounts 202429,7 k €↑
2023
Annual accounts 202321,6 k €↓
2022
Annual accounts 202236,4 k €↑
2021
Annual accounts 2021-29,1 k €↓
2020
Annual accounts 2020-10,2 k €↑
2019
Annual accounts 2019-14,2 k €↓
2018
Annual accounts 201825 k €↑
2017
Annual accounts 2017-18,4 k €↓
2016
Annual accounts 201624,4 k €↑
2015
Annual accounts 20152 k €↑
2014
Annual accounts 2014-27,7 k €↓
2013
Annual accounts 2013460 €↓
2012
Annual accounts 20124,8 k €↑
2011
Annual accounts 20113,8 k €↑
2009
Annual accounts 2009-8,1 k €↓
2007
Annual accounts 20073,6 k €↓
2006
Annual accounts 20066,7 k €
30/06/2000
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

SILVER WOLVES

Overview

What does SILVER WOLVES 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