ACTIVE

BASWARE BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result760,6 k €-37,3 %over 1 year

Revenue7,6 M €+5,7 %over 1 year

Equity2,3 M €+49,1 %over 1 year

Workforce8,9 ETP-13,6 %over 1 year

Identity

Source · BCE/KBO

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· main 46510Wholesale of computers, computer peripheral equipment and software 63100Data processing, hosting and related activities; web portals 63110Data processing, hosting and related activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 13 filings

Trend over 13 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	7,6 M €	+5.7%	7,2 M €	+8.3%	6,6 M €	-2.0%	6,8 M €	-0.2%	6,8 M €
EBITDA	822,2 k €	-31.7%	1,2 M €	+2427%	47,6 k €	-92.0%	597,9 k €	-4.3%	625 k €
Operating result	800,8 k €	-34.1%	1,2 M €	+11032%	10,9 k €	-98.2%	609,4 k €	+1.0%	603,2 k €
Net result	760,6 k €	-37.3%	1,2 M €	+204520%	592,8 €	-99.9%	593 k €	+5.8%	560,6 k €
Balance sheet
Equity	2,3 M €	+49.1%	1,5 M €	+362%	334,8 k €	+0.2%	334,2 k €	+229%	-258,8 k €
Total assets	4,9 M €	-25.5%	6,6 M €	+25.2%	5,3 M €	+91.4%	2,8 M €	+27.4%	2,2 M €
Cash	591,6 k €	+127%	261 k €	-31.1%	379 k €	+1552%	22,9 k €	-87.0%	176,8 k €
Debts	1,6 M €	-58.4%	3,8 M €	-7.8%	4,1 M €	+140%	1,7 M €	+1.5%	1,7 M €
Other
Workforce	8,9 ETP	-13.6%	10,3 ETP	-1.9%	10,5 ETP	-21.6%	13,4 ETP	-2.2%	13,7 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 31/12/2025

2 active · 10 ended

Active mandates

Director	Mandates in this company	Period
Jason Mark Kurtz	Director11/03/2019 → 30/06/2029
Martti Tapani Nurminen	Director02/12/2019 → 30/06/2029

Ended mandates

Director	Mandates in this company	Period
Teemu Ruikka	Director30/06/2023 → 06/02/2024
Klaus Andersen	Director11/03/2019 → 2022 accounts

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Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	06/07/2026	24/07/2025	25/07/2024	04/07/2023	04/07/2022	08/07/2021
General meeting	22/06/2026	27/06/2025	27/06/2024	30/06/2023	30/06/2022	30/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 13 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	22/06/2026	06/07/2026	Dutch	PDF
Full model	31/12/2024	27/06/2025	24/07/2025	Dutch	PDF
Full model	31/12/2023	27/06/2024	25/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	04/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	04/07/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	08/07/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	31/07/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	11/07/2019	Dutch	PDF
Full model	31/12/2017	31/08/2018	31/08/2018	Dutch	PDF
Full model	31/12/2016	14/12/2017	21/12/2017	Dutch	PDF
Full model	31/12/2015	21/11/2016	13/12/2016	Dutch	PDF
Full model	31/12/2014	31/08/2015	08/10/2015	Dutch	PDF
Full model	31/12/2013	28/11/2014	05/12/2014	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 31/12/2025

2 active · 10 ended

Active mandates

Director	Mandates in this company	Period
Jason Mark Kurtz	Director11/03/2019 → 30/06/2029
Martti Tapani Nurminen	Director02/12/2019 → 30/06/2029

Ended mandates

Director	Mandates in this company	Period
Teemu Ruikka	Director30/06/2023 → 06/02/2024
Klaus Andersen	Director11/03/2019 → 2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

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

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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

Filings13 filings

Mandates

Jason Mark Kurtz

Martti Tapani Nurminen

Teemu Ruikka

Tuija Irmeli Mäntyniemi

Klaus Anderson

Tuija Irmeli Mäntyniemi

Klaus Andersen

Danny De Budt

Vesa Tykkyläinen

Rosenlew Niclas

Esa Erkki Tihilä

Mika Petri Harjuaho

201220132014201520162017201820192020202120222023202420252026202720282029

BASWARE BELGIUM

Ottergemsesteenweg-Zuid 808 bte B211, 9000 GentKorte Keppestrrat 7 bte 51, 9320 Erembodegem

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Ottergemsesteenweg-Zuid 808 bte B211, 9000 GentCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00270048
Korte Keppestrrat 7 bte 51, 9320 Erembodegem	accounts 2021 → 2023	Accounts 2023 · 2024-00306397

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BASWARE BELGIUMCurrent	accounts 2013 → 2025	Accounts 2025 · 2026-00270048

Events

2025
Annual accounts 2025760,6 k €↓
2024
Annual accounts 20241,2 M €↑
2023
Annual accounts 2023592,8 €↓
2022
Annual accounts 2022593 k €↑
2021
Annual accounts 2021560,6 k €↑
2020
Annual accounts 2020532,9 k €↓
2019
Annual accounts 20191,2 M €↓
2018
Annual accounts 20181,3 M €↑
2017
Annual accounts 2017-1,7 M €↑
2016
Annual accounts 2016-5,2 M €↓
2015
Annual accounts 2015-1,8 M €↓
2014
Annual accounts 2014-1,6 M €↑
2013
Annual accounts 2013-3,2 M €
15/11/2012
IncorporationPublic limited company

BASWARE BELGIUM

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