ACTIVE

WILL SERVICES

Financial year 2025 · closed on 31/12/2025
Net result
31,5 k €
+3.2% YoY
Gross margin
67,2 k €
+42.2% YoY
Equity
164,1 k €
+23.8% YoY

What does WILL SERVICES do?

WILL SERVICES is a Private limited company incorporated in 2001. Its main activity is: Retail sale of information and communication equipment in specialised stores. Its registered office is in Sint-Katelijne-Waver.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0475.763.026
Incorporation
03/10/2001
Legal form
Private limited company
Registered office
Leemstraat 73
2861 Sint-Katelijne-Waver · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin67,2 k €47,3 k €29,5 k €5,5 k €15,5 k €21,7 k €67,3 k €59,3 k €13,4 k €31,4 k €11,4 k €12,6 k €8,9 k €12,9 k €10,1 k €7,9 k €7,5 k €9 k €17,9 k €18,5 k €
EBITDA65,8 k €45,1 k €28 k €4,4 k €13,1 k €20,1 k €60,9 k €58,2 k €12,6 k €30,1 k €10,8 k €12,2 k €8,2 k €11,9 k €5,3 k €7,1 k €6,6 k €7,5 k €16,6 k €17,3 k €
Operating result41,5 k €42,7 k €27 k €4,4 k €9,6 k €9,9 k €49,8 k €43,5 k €6,8 k €16,1 k €2,6 k €3,6 k €-1,2 k €-438,8 €764,7 €3,4 k €-9,4 k €-11,2 k €406,4 €6 k €
Net result31,5 k €30,6 k €21,1 k €3 k €5,4 k €6,5 k €42,4 k €36,9 k €3,5 k €10,7 k €218,8 €40,9 €-2,5 k €1 k €8,8 k €3,3 k €-10,4 k €-11,1 k €295,2 €2,3 k €
Balance sheet
Equity164,1 k €132,5 k €102 k €80,9 k €77,9 k €72,4 k €66 k €43,6 k €26,6 k €23,2 k €12,4 k €12,2 k €12,2 k €14,7 k €13,7 k €4,9 k €1,6 k €12 k €23,1 k €22,8 k €
Total assets408,4 k €172,5 k €162,3 k €129,9 k €136,9 k €118,2 k €113 k €153,9 k €119,8 k €110 k €103,3 k €73 k €70,7 k €90,4 k €37,6 k €55,2 k €50,3 k €56,6 k €70,3 k €73,4 k €
Cash62,1 k €111,8 k €71,8 k €19,5 k €33,6 k €48 k €47,9 k €102,8 k €65,3 k €28,9 k €36,1 k €35,8 k €27,6 k €32,8 k €21,3 k €33,7 k €32,2 k €17,3 k €23,8 k €21,2 k €
Debts244,3 k €40 k €60,3 k €49 k €59,1 k €45,8 k €47 k €110,3 k €93,2 k €86,8 k €62,4 k €60,8 k €58,6 k €75,7 k €23,9 k €50,3 k €48,7 k €44,7 k €47,2 k €50,6 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

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

Active mandates

Thomas Mortelmans

Director

Active
Willy Mortelmans

Director

Active

Ended mandates

Thomas Mortelmans

Director · since 24 septembre 2012

Ended
Thomas Mortelmans

Manager · since 24 septembre 2012

Ended
Thomas Mortelmans

Manager

Ended
Willy Mortelmans

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date21/04/202622/05/202504/06/202420/07/202314/07/202229/07/2021
General meeting26/03/202627/03/202502/05/202403/06/202323/05/202205/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202526/03/202621/04/2026DutchPDF
Micro model31/12/202427/03/202522/05/2025DutchPDF
Micro model31/12/202302/05/202404/06/2024DutchPDF
Micro model31/12/202203/06/202320/07/2023DutchPDF
Micro model31/12/202123/05/202214/07/2022DutchPDF
Micro model31/12/202005/06/202129/07/2021DutchPDF
Micro model31/12/201906/06/202028/07/2020DutchPDF
Micro model31/12/201801/06/201925/07/2019DutchPDF
Micro model31/12/201702/06/201825/07/2018DutchPDF
Micro model31/12/201603/06/201727/07/2017DutchPDF
Abridged model31/12/201504/06/201627/06/2016DutchPDF
Abridged model31/12/201406/06/201524/07/2015DutchPDF
Abridged model31/12/201307/06/201424/07/2014DutchPDF
Abridged model31/12/201201/06/201312/07/2013DutchPDF
Abridged model31/12/201102/06/201231/08/2012DutchPDF
Abridged model31/12/201030/06/201130/08/2011DutchPDF
Abridged model31/12/200905/06/201031/08/2010DutchPDF
Abridged model31/12/200806/06/200926/08/2009DutchPDF
Abridged model31/12/200707/06/200830/08/2008DutchPDF
Abridged model31/12/200602/06/200729/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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

Thomas Mortelmans

Director

Active
Willy Mortelmans

Director

Active

Ended mandates

Thomas Mortelmans

Director · since 24 septembre 2012

Ended
Thomas Mortelmans

Manager · since 24 septembre 2012

Ended
Thomas Mortelmans

Manager

Ended
Willy Mortelmans

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/07/2020
    WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates10/10/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office20/11/2007
    MAATSCHAPPELIJKE ZETEL
    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. 2025
    Annual accounts 202531,5 k €
  2. 2024
    Annual accounts 202430,6 k €
  3. 2023
    Annual accounts 202321,1 k €
  4. 2022
    Annual accounts 20223 k €
  5. 2021
    Annual accounts 20215,4 k €
  6. 2020
    Annual accounts 20206,5 k €
  7. 2019
    Annual accounts 201942,4 k €
  8. 2018
    Annual accounts 201836,9 k €
  9. 2017
    Annual accounts 20173,5 k €
  10. 2016
    Annual accounts 201610,7 k €
  11. 2015
    Annual accounts 2015218,8 €
  12. 2014
    Annual accounts 201440,9 €
  13. 2013
    Annual accounts 2013-2,5 k €
  14. 2012
    Annual accounts 20121 k €
  15. 2011
    Annual accounts 20118,8 k €
  16. 2010
    Annual accounts 20103,3 k €
  17. 2009
    Annual accounts 2009-10,4 k €
  18. 2008
    Annual accounts 2008-11,1 k €
  19. 2007
    Annual accounts 2007295,2 €
  20. 2006
    Annual accounts 20062,3 k €
  21. 03/10/2001
    IncorporationPrivate limited company