ACTIVE

BASWARE BELGIUM

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Financial year 2025 · closed on 31/12/2025
Net result
760,6 k €
-37.3% YoY
Revenue
7,6 M €
+5.7% YoY
Equity
2,3 M €
+49.1% YoY
Workforce
8,9 ETP
-13.6% YoY

What does BASWARE BELGIUM do?

BASWARE BELGIUM is a Public limited company incorporated in 2012. Its main activity is: Wholesale of information and communication equipment. Its registered office is in Gent. It employs on average 8,9 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0500.813.770
Incorporation
15/11/2012
Legal form
Public limited company
Registered office
Ottergemsesteenweg-Zuid 808 box B211
9000 Gent · FlandreSee on map
Contributed capital
3 127 093,76 €
Latest accounts
31/12/2025
Average workforce
8,9 ETP
Activities (NACE)
46500Wholesale of information and communication equipment· main46510Wholesale of computers, computer peripheral equipment and software63100Data processing, hosting and related activities; web portals63110Data processing, hosting and related activities
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Revenue7,6 M €7,2 M €6,6 M €6,8 M €6,8 M €6,2 M €6,7 M €7,1 M €6,9 M €7 M €7,1 M €7,8 M €8,4 M €
EBITDA822,2 k €1,2 M €47,6 k €597,9 k €625 k €645,1 k €1,3 M €1,4 M €1,2 M €-1,7 M €1,4 M €2,4 M €852,5 k €
Operating result800,8 k €1,2 M €10,9 k €609,4 k €603,2 k €600,5 k €1,3 M €1,4 M €-1,6 M €-4,8 M €-1,3 M €-967,4 k €-2,5 M €
Net result760,6 k €1,2 M €592,8 €593 k €560,6 k €532,9 k €1,2 M €1,3 M €-1,7 M €-5,2 M €-1,8 M €-1,6 M €-3,2 M €
Balance sheet
Equity2,3 M €1,5 M €334,8 k €334,2 k €-258,8 k €-819,4 k €-1,4 M €-2,5 M €-3,8 M €-2,1 M €-2,9 M €-1 M €556,7 k €
Total assets4,9 M €6,6 M €5,3 M €2,8 M €2,2 M €2,2 M €2,3 M €2,9 M €3,2 M €12,1 M €9 M €13,4 M €17,6 M €
Cash591,6 k €261 k €379 k €22,9 k €176,8 k €234,6 k €22,1 k €168,9 k €738,6 k €6,1 M €339,9 k €1,9 M €1,8 M €
Debts1,6 M €3,8 M €4,1 M €1,7 M €1,7 M €2,3 M €2,6 M €4,5 M €5,9 M €10,9 M €11,2 M €12,9 M €15,4 M €
Other
Workforce8,9 ETP10,3 ETP10,5 ETP13,4 ETP13,7 ETP13,8 ETP15,3 ETP22,9 ETP38,3 ETP58,3 ETP58,5 ETP56,6 ETP59,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 23 ended

Active mandates

Jason Mark Kurtz

Director · since 16 janvier 2023 · until 30 juin 2029

Active
Martti Tapani Nurminen

Director · since 02 décembre 2019 · until 30 juin 2029

Active

Ended mandates

Teemu Ruikka

Director · since 30 juin 2023 · until 06 février 2024

Ended
Jason Mark Kurtz

Director · since 16 janvier 2023 · until 30 juin 2024

Ended
Martti Tapani Nurminen

Director · since 02 décembre 2019 · until 21 mai 2024

Ended
Martti Tapani Nurminen

Director · since 02 décembre 2019 · until 30 juin 2024

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date06/07/202624/07/202525/07/202404/07/202304/07/202208/07/2021
General meeting22/06/202627/06/202527/06/202430/06/202330/06/202230/06/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202522/06/202606/07/2026DutchPDF
Full model31/12/202427/06/202524/07/2025DutchPDF
Full model31/12/202327/06/202425/07/2024DutchPDF
Full model31/12/202230/06/202304/07/2023DutchPDF
Full model31/12/202130/06/202204/07/2022DutchPDF
Full model31/12/202030/06/202108/07/2021DutchPDF
Full model31/12/201930/06/202031/07/2020DutchPDF
Full model31/12/201828/06/201911/07/2019DutchPDF
Full model31/12/201731/08/201831/08/2018DutchPDF
Full model31/12/201614/12/201721/12/2017DutchPDF
Full model31/12/201521/11/201613/12/2016DutchPDF
Full model31/12/201431/08/201508/10/2015DutchPDF
Full model31/12/201328/11/201405/12/2014DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 23 ended

Active mandates

Jason Mark Kurtz

Director · since 16 janvier 2023 · until 30 juin 2029

Active
Martti Tapani Nurminen

Director · since 02 décembre 2019 · until 30 juin 2029

Active

Ended mandates

Teemu Ruikka

Director · since 30 juin 2023 · until 06 février 2024

Ended
Jason Mark Kurtz

Director · since 16 janvier 2023 · until 30 juin 2024

Ended
Martti Tapani Nurminen

Director · since 02 décembre 2019 · until 21 mai 2024

Ended
Martti Tapani Nurminen

Director · since 02 décembre 2019 · until 30 juin 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office11/03/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates03/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other19/04/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates03/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/03/2023
    ONTSLAGEN - BENOEMINGEN
    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 2025760,6 k €↓
  2. 2024
    Annual accounts 20241,2 M €↑
  3. 2023
    Annual accounts 2023592,8 €↓
  4. 2022
    Annual accounts 2022593 k €↑
  5. 2021
    Annual accounts 2021560,6 k €↑
  6. 2020
    Annual accounts 2020532,9 k €↓
  7. 2019
    Annual accounts 20191,2 M €↓
  8. 2018
    Annual accounts 20181,3 M €↑
  9. 2017
    Annual accounts 2017-1,7 M €↑
  10. 2016
    Annual accounts 2016-5,2 M €↓
  11. 2015
    Annual accounts 2015-1,8 M €↓
  12. 2014
    Annual accounts 2014-1,6 M €↑
  13. 2013
    Annual accounts 2013-3,2 M €
  14. 15/11/2012
    IncorporationPublic limited company