ACTIVE

Windhoek

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Financial year 2025 · closed on 30/06/2025
Net result
10,9 M €
+0.8% YoY
Revenue
381,7 k €
-17.3% YoY
Equity
90,1 M €
-2.0% YoY

What does Windhoek do?

Windhoek is a Public limited company incorporated in 2014. Its main activity is: Activities of head offices. Its registered office is in Brugge.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0545.886.306
Incorporation
07/02/2014
Legal form
Public limited company
Registered office
Vogelzangdreef 11
8200 Brugge · FlandreSee on map
Contributed capital
100 000,00 €
Latest accounts
30/06/2025
Activities (NACE)
70100Activities of head offices· main70100Activities of head offices70200Management consultancy activities70210Public relations and communication activities70220Business and other management consultancy activities73300Advertising and market research
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Revenue381,7 k €461,7 k €506,3 k €493,8 k €584,1 k €681,7 k €586,8 k €577,2 k €568,2 k €561 k €558 k €
EBITDA355,6 k €336,5 k €336,4 k €332,1 k €417,9 k €497,9 k €447,5 k €428,3 k €424,5 k €419,2 k €416,8 k €
Operating result335,6 k €318,9 k €321,1 k €315,9 k €401,7 k €471,9 k €416,7 k €407,4 k €403,9 k €399,2 k €391,9 k €
Net result10,9 M €10,8 M €8,1 M €53,2 M €2,5 M €2,8 M €2,4 M €2,3 M €6,1 M €4,8 M €4 M €
Balance sheet
Equity90,1 M €92 M €84,2 M €78,1 M €25 M €22,5 M €19,7 M €17,4 M €25,9 M €19,8 M €15 M €
Total assets99,2 M €92 M €107,3 M €84,9 M €33 M €35,2 M €32,3 M €29,7 M €37,9 M €32,2 M €25,8 M €
Cash11,6 M €11,8 M €6 M €54,1 M €5 M €7,8 M €5,2 M €2,3 M €10,9 M €5,1 M €4,3 M €
Debts9 M €9,3 k €23,1 M €6,8 M €8,1 M €12,8 M €12,6 M €12 M €12 M €12 M €10,4 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 1 ended

Active mandates

Robert Hoornaert

Director

Active

Ended mandates

ROBERT HOORNAERT

Manager

Ended
At this address

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CompanyCBE no.
SMAERT● Active
1017.195.745
SOMA● Active
0721.874.097
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/12/202524/01/202505/01/202427/01/202316/12/202114/12/2020
General meeting06/12/202507/12/202402/12/202303/12/202204/12/202105/12/2020
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model30/06/202506/12/202518/12/2025DutchPDF
Full model30/06/202407/12/202424/01/2025DutchPDF
Full model30/06/202302/12/202305/01/2024DutchPDF
Full model30/06/202203/12/202227/01/2023DutchPDF
Full model30/06/202104/12/202116/12/2021DutchPDF
Full model30/06/202005/12/202014/12/2020DutchPDF
Full model30/06/201907/12/201910/12/2019DutchPDF
Full model30/06/201801/12/201821/12/2018DutchPDF
Full model30/06/201702/12/201718/12/2017DutchPDF
Full model30/06/201603/12/201606/12/2016DutchPDF
Full model30/06/201505/12/201521/12/2015DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 30/06/2025 · 1 active · 1 ended

Active mandates

Robert Hoornaert

Director

Active

Ended mandates

ROBERT HOORNAERT

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other07/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Capital / shares16/01/2018
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other11/02/2014
    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

Timeline

  1. 2025
    Annual accounts 202510,9 M €↑
  2. 2024
    Annual accounts 202410,8 M €↑
  3. 2023
    Annual accounts 20238,1 M €↓
  4. 2022
    Annual accounts 202253,2 M €↑
  5. 2021
    Annual accounts 20212,5 M €↓
  6. 2020
    Annual accounts 20202,8 M €↑
  7. 2019
    Annual accounts 20192,4 M €↑
  8. 2018
    Annual accounts 20182,3 M €↓
  9. 2017
    Annual accounts 20176,1 M €↑
  10. 2016
    Annual accounts 20164,8 M €↑
  11. 2015
    Annual accounts 20154 M €
  12. 07/02/2014
    IncorporationPublic limited company