ACTIVE

WICO

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Financial year 2025 · closed on 31/12/2025

Net result

1,4 k €

+2.7% YoY

Gross margin

2,5 k €

+3.1% YoY

Equity

83,2 k €

+1.7% YoY

What does WICO do?

WICO is a Public limited company incorporated in 2002. Its main activity is: Management consultancy activities. Its registered office is in Gent.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0478.871.875

Incorporation

27/11/2002

Legal form

Public limited company

Registered office

Industrieweg 122 box H
9032 Gent · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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	2,5 k €	+3.1%	2,4 k €	+209%	772,6 €	-63.6%	2,1 k €	+15.5%	1,8 k €	-8.4%	2 k €	+1.1%	2 k €	+2.5%	1,9 k €	+2.1%	1,9 k €	+6.9%	1,8 k €	+11.1%	1,6 k €	-8.6%	1,7 k €	+0.6%	1,7 k €	+2.5%	1,7 k €	+2.1%	1,7 k €	+6.5%	1,6 k €	-0.5%	1,6 k €	+42.4%	1,1 k €	-6.0%	1,2 k €	+4.5%	1,1 k €
EBITDA	1,9 k €	+3.1%	1,9 k €	+626%	256,5 €	-84.5%	1,7 k €	+20.7%	1,4 k €	-11.0%	1,5 k €	+2.3%	1,5 k €	+3.1%	1,5 k €	+2.6%	1,4 k €	+9.3%	1,3 k €	+15.6%	1,1 k €	-11.0%	1,3 k €	-0.2%	1,3 k €	+3.1%	1,2 k €	-20.4%	1,5 k €	+6.8%	1,4 k €	-0.6%	1,5 k €	+54.3%	944 €	-11.4%	1,1 k €	+4.8%	1 k €
Operating result	1,9 k €	+3.1%	1,9 k €	+626%	256,5 €	-84.5%	1,7 k €	+20.7%	1,4 k €	-11.0%	1,5 k €	+2.3%	1,5 k €	+3.1%	1,5 k €	+2.6%	1,4 k €	+9.3%	1,3 k €	+15.6%	1,1 k €	-11.0%	1,3 k €	-0.2%	1,3 k €	+3.1%	1,2 k €	-20.4%	1,5 k €	+6.8%	1,4 k €	-0.6%	1,5 k €	+54.3%	944 €	-11.4%	1,1 k €	+4.8%	1 k €
Net result	1,4 k €	+2.7%	1,3 k €	+791%	151,5 €	-87.1%	1,2 k €	+19.6%	985 €	-12.7%	1,1 k €	+56.7%	720 €	-43.5%	1,3 k €	+10.1%	1,2 k €	-9.9%	1,3 k €	+16.3%	1,1 k €	-11.5%	1,2 k €	-0.2%	1,3 k €	-39.8%	2,1 k €	+81.3%	1,1 k €	+18.6%	967 €	+14.2%	847 €	+42.1%	596 €	-9.8%	661 €	+112%	312 €
Balance sheet
Equity	83,2 k €	+1.7%	81,8 k €	+1.7%	80,5 k €	+0.2%	80,3 k €	+1.5%	79,2 k €	+1.3%	78,2 k €	+1.5%	77 k €	+0.9%	76,3 k €	+1.7%	75 k €	+1.6%	73,9 k €	+1.8%	72,6 k €	+1.5%	71,5 k €	+1.8%	70,2 k €	+1.8%	69 k €	+3.1%	66,9 k €	+1.7%	65,8 k €	+1.5%	64,8 k €	+1.3%	64 k €	+0.9%	63,4 k €	+1.1%	62,7 k €
Total assets	149,6 k €	+1.3%	147,7 k €	+1.0%	146,3 k €	-0.2%	146,5 k €	+1.3%	144,7 k €	+0.4%	144,1 k €	+0.8%	143 k €	+0.6%	142,1 k €	-1.7%	144,7 k €	+1.0%	143,3 k €	-1.4%	145,2 k €	-0.4%	145,8 k €	+0.9%	144,6 k €	+2.1%	141,6 k €	-0.3%	142,1 k €	-0.5%	142,8 k €	+0.7%	141,9 k €	+0.3%	141,4 k €	-2.0%	144,3 k €	+0.3%	143,9 k €
Cash	9,6 k €	+38.2%	6,9 k €	+22.4%	5,7 k €	-11.0%	6,4 k €	+40.8%	4,5 k €	+10.7%	4,1 k €	+38.4%	2,9 k €	+39.0%	2,1 k €	-54.3%	4,6 k €	+256%	1,3 k €	-73.9%	5 k €	+27.9%	3,9 k €	+47.2%	2,6 k €	+91.2%	1,4 k €	-31.8%	2 k €	-10.4%	2,3 k €	+28.1%	1,8 k €	+39.4%	1,3 k €	-46.4%	2,4 k €		–
Debts	64,1 k €	+0.7%	63,6 k €	0.0%	63,6 k €	-0.7%	64,1 k €	+0.7%	63,6 k €	-0.7%	64,1 k €	0.0%	64,1 k €	+0.2%	64 k €	-5.7%	67,9 k €	+0.3%	67,6 k €	-6.9%	72,6 k €	0.0%	72,6 k €	-0.0%	72,6 k €	0.0%	72,6 k €	-1.2%	73,5 k €	-2.6%	75,5 k €	-0.1%	75,5 k €	-0.5%	75,9 k €	-6.2%	81 k €	-0.3%	81,2 k €

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 31/12/2025 · 3 active · 12 ended

Active mandates

Frank Delforche

Mandate

Active

Wim Delforche

Mandate

Active

Wim Haegeman

Mandate

Active

Ended mandates

Frank Delforche

Director · since 30 juin 2015 · until 29 juin 2021

Ended

Wim Delforche

Director · since 30 juin 2015 · until 29 juin 2021

Ended

Wim Haegeman

Managing director · since 30 juin 2015 · until 29 juin 2021

Ended

Frank Delforche

Director · since 30 juin 2009 · until 30 juin 2015

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro 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	10/07/2026	21/07/2025	20/07/2024	15/07/2023	17/07/2022	04/07/2021
General meeting	30/06/2026	24/06/2025	25/06/2024	27/06/2023	28/06/2022	29/06/2021
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
Micro model	31/12/2025	30/06/2026	10/07/2026	Dutch	PDF
Micro model	31/12/2024	24/06/2025	21/07/2025	Dutch	PDF
Micro model	31/12/2023	25/06/2024	20/07/2024	Dutch	PDF
Micro model	31/12/2022	27/06/2023	15/07/2023	Dutch	PDF
Abridged model	31/12/2021	28/06/2022	17/07/2022	Dutch	PDF
Abridged model	31/12/2020	29/06/2021	04/07/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	01/07/2020	Dutch	PDF
Abridged model	31/12/2018	25/06/2019	06/07/2019	Dutch	PDF
Abridged model	31/12/2017	26/06/2018	18/07/2018	Dutch	PDF
Abridged model	31/12/2016	27/06/2017	23/07/2017	Dutch	PDF
Abridged model	31/12/2015	28/06/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	16/07/2015	Dutch	PDF
Abridged model	31/12/2013	24/06/2014	13/07/2014	Dutch	PDF
Abridged model	31/12/2012	25/06/2013	01/08/2013	Dutch	PDF
Abridged model	31/12/2011	26/06/2012	03/07/2012	Dutch	PDF
Abridged model	31/12/2010	28/06/2011	10/07/2011	Dutch	PDF
Abridged model	31/12/2009	29/06/2010	20/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	19/07/2009	Dutch	PDF
Abridged model	31/12/2007	24/06/2008	21/07/2008	Dutch	PDF
Abridged model	31/12/2006	26/06/2007	03/08/2007	Dutch	PDF

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 31/12/2025 · 3 active · 12 ended

Active mandates

Frank Delforche

Mandate

Active

Wim Delforche

Mandate

Active

Wim Haegeman

Mandate

Active

Ended mandates

Frank Delforche

Director · since 30 juin 2015 · until 29 juin 2021

Ended

Wim Delforche

Director · since 30 juin 2015 · until 29 juin 2021

Ended

Wim Haegeman

Managing director · since 30 juin 2015 · until 29 juin 2021

Ended

Frank Delforche

Director · since 30 juin 2009 · until 30 juin 2015

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates05/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/10/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/10/2010
ONTSLAGEN - BENOEMINGEN
PDF
Registered office22/10/2008
MAATSCHAPPELIJKE ZETEL
PDF
Other04/12/2002
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 20251,4 k €↑
2024
Annual accounts 20241,3 k €↑
2023
Annual accounts 2023151,5 €↓
2022
Annual accounts 20221,2 k €↑
2021
Annual accounts 2021985 €↓
2020
Annual accounts 20201,1 k €↑
2019
Annual accounts 2019720 €↓
2018
Annual accounts 20181,3 k €↑
2017
Annual accounts 20171,2 k €↓
2016
Annual accounts 20161,3 k €↑
2015
Annual accounts 20151,1 k €↓
2014
Annual accounts 20141,2 k €↓
2013
Annual accounts 20131,3 k €↓
2012
Annual accounts 20122,1 k €↑
2011
Annual accounts 20111,1 k €↑
2010
Annual accounts 2010967 €↑
2009
Annual accounts 2009847 €↑
2008
Annual accounts 2008596 €↓
2007
Annual accounts 2007661 €↑
2006
Annual accounts 2006312 €
27/11/2002
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

WICO

Overview

What does WICO 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