ACTIVE

WOESH

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Financial year 2024 · closed on 31/12/2024
Net result
-2,5 k €
+85.8% YoY
Gross margin
248,3 k €
+14.5% YoY
Equity
348,6 k €
-6.4% YoY

What does WOESH do?

WOESH is a Non-profit organization incorporated in 2001. Its main activity is: Cultural education. Its registered office is in Brugge.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0474.792.234
Incorporation
26/01/2001
Legal form
Non-profit organization
Registered office
Damse Vaart-Zuid 39
8310 Brugge · FlandreSee on map
Latest accounts
31/12/2024
Activities (NACE)
85520Cultural education· main85520Cultural education92340Gambling and betting activities
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20242019201820172016
Income statement
Gross margin248,3 k €216,8 k €216,2 k €224,6 k €217,1 k €
EBITDA15,5 k €-6,8 k €14,7 k €49,1 k €41,3 k €
Operating result1,9 k €-23 k €-1 k €45,8 k €37 k €
Net result-2,5 k €-17,3 k €-7,7 k €43,9 k €35,6 k €
Balance sheet
Equity348,6 k €372,6 k €397,4 k €166,6 k €122,6 k €
Total assets627,2 k €728,4 k €743,1 k €289,6 k €190,2 k €
Cash66,5 k €112,5 k €109,5 k €155,5 k €115,4 k €
Debts180,9 k €284,9 k €321,8 k €28,7 k €31,4 k €
Other
Workforce–6,7 ETP5,2 ETP4,1 ETP5,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 6 active · 14 ended

Active mandates

Manon Billiet

Director · since 22 mars 2023

Active
Sarah Braet

Director · since 22 mars 2023

Active
Frederik Desmet

Director · since 03 décembre 2020

Active
Katelijne Risteyn

Director · since 03 décembre 2020

Active
Gab Bondewel

Chairman of the board of directors · since 23 mars 2016

Active
Niels Reynaert

Director · since 18 décembre 2011

Active

Ended mandates

Anne Loeckx

Director · since 03 mars 2017

Ended
Gwendoline Van Langenhove

Director · since 23 mars 2016

Ended
Levi Vermote

Director · since 23 mars 2016 · until 03 mars 2017

Ended
Levi Vermote

Director · since 23 mars 2016

Ended
Annual accounts

Full financial information

20242019201820172016
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/201901/01/201801/01/201701/01/2016
Closing of the financial year31/12/202431/12/201931/12/201831/12/201731/12/2016
Length of the financial year12 months12 months12 months12 months12 months
Filing date28/05/202523/07/202012/07/201906/07/201813/07/2017
General meeting26/03/202511/05/202019/03/201903/03/201829/03/2017
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202426/03/202528/05/2025DutchPDF
Abridged model31/12/201911/05/202023/07/2020DutchPDF
Abridged model31/12/201819/03/201912/07/2019DutchPDF
Abridged model31/12/201703/03/201806/07/2018DutchPDF
Abridged model31/12/201629/03/201713/07/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 6 active · 14 ended

Active mandates

Manon Billiet

Director · since 22 mars 2023

Active
Sarah Braet

Director · since 22 mars 2023

Active
Frederik Desmet

Director · since 03 décembre 2020

Active
Katelijne Risteyn

Director · since 03 décembre 2020

Active
Gab Bondewel

Chairman of the board of directors · since 23 mars 2016

Active
Niels Reynaert

Director · since 18 décembre 2011

Active

Ended mandates

Anne Loeckx

Director · since 03 mars 2017

Ended
Gwendoline Van Langenhove

Director · since 23 mars 2016

Ended
Levi Vermote

Director · since 23 mars 2016 · until 03 mars 2017

Ended
Levi Vermote

Director · since 23 mars 2016

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/03/2026
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates02/10/2023
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates15/01/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/03/2018
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/10/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates24/05/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/04/2015
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other06/03/2014
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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

Timeline

  1. 2024
    Annual accounts 2024-2,5 k €↑
  2. 2024
    Name changeWOESH V.Z.W.
  3. 2019
    Annual accounts 2019-17,3 k €↓
  4. 2018
    Annual accounts 2018-7,7 k €↓
  5. 2017
    Annual accounts 201743,9 k €↑
  6. 2016
    Annual accounts 201635,6 k €
  7. 2016
    Name changeWOESH
  8. 26/01/2001
    IncorporationNon-profit organization