ACTIVE

KWAGGA

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Financial year 2025 · Closed on 30/09/2025

Net result518,3 k €-23,8 %over 1 year

Gross margin961,1 k €-19,3 %over 1 year

Equity1,9 M €-16,3 %over 1 year

Workforce2,0 ETP+11,1 %over 1 year

Identity

Source · BCE/KBO

KWAGGA is a Private limited company incorporated in 2001. Its main activity is: Retail sale of cultural and recreation goods in specialised stores. Its registered office is in Sint-Martens-Latem. It employs on average 2,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0474.526.671
Incorporation: 06/04/2001
Legal form: Private limited company
Registered office: Kapitteldreef 73
9830 Sint-Martens-Latem · FlandreSee on map
Contributed capital: 18 600,00 €
Latest accounts: 30/09/2025
Average workforce: 2,0 ETP

Activities (NACE)

47690Retail sale of cultural and recreation goods in specialised stores· main 47787Other retail sale of new goods in specialised stores 90023Support activities to performing arts 90393Creative, arts and entertainment activities 92313Gambling and betting activities

Joint committees (5)

10000
201
20100
2100
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	961,1 k €	-19.3%	1,2 M €	-7.5%	1,3 M €	+149%	516,3 k €	-42.1%	892,4 k €
EBITDA	826,9 k €	-23.0%	1,1 M €	-6.2%	1,1 M €	+187%	399,4 k €	-50.9%	813,8 k €
Operating result	766,7 k €	-24.2%	1 M €	-6.1%	1,1 M €	+225%	331,7 k €	-56.6%	764,1 k €
Net result	518,3 k €	-23.8%	680 k €	-4.7%	713,5 k €	+293%	181,4 k €	-64.4%	509,5 k €
Balance sheet
Equity	1,9 M €	-16.3%	2,3 M €	+38.5%	1,7 M €	+74.7%	955,8 k €	+23.4%	774,4 k €
Total assets	3,4 M €	+8.1%	3,2 M €	+20.9%	2,6 M €	+48.0%	1,8 M €	+14.4%	1,5 M €
Cash	1,1 M €	+30.9%	819,9 k €	+93.3%	424,2 k €	-26.6%	577,6 k €	+113%	271,6 k €
Debts	1,5 M €	+75.1%	839,2 k €	-10.6%	938,6 k €	+17.3%	800 k €	+5.0%	762,2 k €
Other
Workforce	2,0 ETP	+11.1%	1,8 ETP	-28.0%	2,5 ETP	+13.6%	2,2 ETP	+29.4%	1,7 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 30/09/2025

2 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
WVAM1000.838.080Represented by Vaesen WILLIAM	Directorsince 05/10/2023
Ellen Christiaen	Directorsince 01/10/2018Managerlisted until the 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
William Vaesen	Director26/03/2001 → 05/10/2023Manager2018 accounts

Other companies at this address

Kapitteldreef 73 9830 Sint-Martens-Latem

Company	CBE no.
WVAM● Active	1000.838.080

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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/01/2026	15/04/2025	11/04/2024	17/04/2023	29/03/2022	29/03/2021
General meeting	27/12/2025	29/03/2025	30/03/2024	25/03/2023	26/03/2022	27/03/2021
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 · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	27/12/2025	26/01/2026	Dutch	PDF
Abridged model	30/09/2024	29/03/2025	15/04/2025	Dutch	PDF
Abridged model	30/09/2023	30/03/2024	11/04/2024	Dutch	PDF
Abridged model	30/09/2022	25/03/2023	17/04/2023	Dutch	PDF
Abridged model	30/09/2021	26/03/2022	29/03/2022	Dutch	PDF
Abridged model	30/09/2020	27/03/2021	29/03/2021	Dutch	PDF
Micro model	30/09/2019	28/03/2020	04/05/2020	Dutch	PDF
Micro model	30/09/2018	30/03/2019	02/05/2019	Dutch	PDF
Micro model	30/09/2017	31/03/2018	30/04/2018	Dutch	PDF
Abridged model	30/09/2016	25/03/2017	30/04/2017	Dutch	PDF
Abridged model	30/09/2015	26/03/2016	25/04/2016	Dutch	PDF
Abridged model	30/09/2014	28/03/2015	02/05/2015	Dutch	PDF
Abridged model	30/09/2013	29/03/2014	04/05/2014	Dutch	PDF
Abridged model	30/09/2012	30/03/2013	29/04/2013	Dutch	PDF
Abridged model	30/09/2011	31/03/2012	28/04/2012	Dutch	PDF
Abridged model	30/09/2010	26/03/2011	30/03/2011	Dutch	PDF
Abridged model	30/09/2009	27/03/2010	08/04/2010	Dutch	PDF
Abridged model	30/09/2008	28/03/2009	30/03/2009	Dutch	PDF
Abridged model	30/09/2007	29/03/2008	29/04/2008	Dutch	PDF
Abridged model	30/09/2006	24/03/2007	29/03/2007	Dutch	PDF

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 30/09/2025

2 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
WVAM1000.838.080Represented by Vaesen WILLIAM	Directorsince 05/10/2023
Ellen Christiaen	Directorsince 01/10/2018Managerlisted until the 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
William Vaesen	Director26/03/2001 → 05/10/2023Manager2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates11/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/06/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/01/2019
ONTSLAGEN - BENOEMINGEN
PDF
Other11/10/2012
DOEL — STATUTENWIJZIGING - MACHTEN
PDF
Other22/12/2008
buitengewone algemene vergadering
PDF
Registered office13/11/2007
Verplaatsen maatschappelijke zetel
PDF
Registered office31/10/2005
MAATSCHAPPELIJKE ZETEL
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

WVAM

Ellen Christiaen

William Vaesen

20012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

KWAGGA

Kapitteldreef 73, 9830 Sint-Martens-Latem

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Kapitteldreef 73, 9830 Sint-Martens-LatemCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00013514

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
KWAGGACurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00013514

Events

2025
Annual accounts 2025518,3 k €↓
2024
Annual accounts 2024680 k €↓
2023
Annual accounts 2023713,5 k €↑
2022
Annual accounts 2022181,4 k €↓
2021
Annual accounts 2021509,5 k €↑
2020
Annual accounts 2020204,7 k €↑
2019
Annual accounts 201976,4 k €↑
2018
Annual accounts 20186,9 k €↑
2017
Annual accounts 2017-1,8 k €↓
2016
Annual accounts 20162,1 k €↑
2015
Annual accounts 2015-15,6 k €↑
2014
Annual accounts 2014-31,1 k €↓
2013
Annual accounts 2013-22,3 k €↓
2012
Annual accounts 2012947,7 €↓
2011
Annual accounts 20117,2 k €↓
2010
Annual accounts 20107,9 k €↑
2009
Annual accounts 2009-7,9 k €↑
2008
Annual accounts 2008-32,1 k €↓
2007
Annual accounts 2007-8,2 k €
06/04/2001
IncorporationPrivate limited company

KWAGGA

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events