ACTIVE

WFS CARGO NV

Financial year 2024 · Closed on 31/12/2024

Net result-5,6 M €-22,3 %over 1 year
Revenue26,1 M €+19,7 %over 1 year
Equity-14,2 M €-65,7 %over 1 year
Workforce199,3 ETP-8,7 %over 1 year

Identity

Source · BCE/KBO

WFS CARGO NV is a Public limited company incorporated in 2014. Its main activity is: Service activities incidental to air transportation. Its registered office is in Zaventem. It employs on average 199,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0563.910.290
Incorporation
08/10/2014
Legal form
Public limited company
Registered office
Luchthaven Brussel Nationaal ZN
1930 Zaventem · FlandreSee on map
Contributed capital
479 672,00 €
Latest accounts
31/12/2024
Average workforce
199,3 ETP
Joint committees (2)
  • 14004
  • 226
Signals
Healthy social debtsHigh revenue

Financials

Source · NBB, 10 filings

Trend over 8 financial years

20242023202220212020
Income statement
Revenue26,1 M €21,8 M €24,6 M €27,2 M €20,5 M €
EBITDA-3,8 M €-3,9 M €-1,7 M €1,5 M €-846,5 k €
Operating result-5,4 M €-4,4 M €-2 M €1,1 M €-1,2 M €
Net result-5,6 M €-4,6 M €-2,1 M €627,5 k €-1,4 M €
Balance sheet
Equity-14,2 M €-8,6 M €-3,7 M €-1,6 M €-2,2 M €
Total assets7,5 M €7,7 M €6,4 M €9,7 M €7,8 M €
Cash1,7 k €1,7 k €3,2 k €2,2 k €2,7 k €
Debts21,6 M €15,9 M €9,8 M €11 M €9,8 M €
Other
Workforce199,3 ETP218,3 ETP228,1 ETP227,5 ETP202,4 ETP

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 7 ended

Active mandates

LYS CONSEIL

Managing director · since 18 septembre 2025 · until 31 août 2031 · 0473.618.039

Represented by Laurent Levaux

Active
Richard Prince

Director · since 01 décembre 2024 · until 30 juin 2030

Active
Patrick Minsart

Managing director · since 28 décembre 2023 · until 31 juillet 2025

Active

Ended mandates

Patrick Minsart

Managing director · since 28 décembre 2023 · until 24 mai 2029

Ended
Maurits Beerepoot

Director · since 11 septembre 2020 · until 26 mai 2026

Ended
Aviapartner Belgium

Managing director · since 01 janvier 2019 · until 29 mai 2024 · 0404.529.392

Represented by Pieter Van Den Nieuwenhuizen

Ended
Aviapartner Belgium

Managing director · since 19 décembre 2016 · until 25 mai 2022 · 0404.529.392

Represented by Pieter Van Den Nieuwenhuizen

Ended

Other companies at this address

Luchthaven Brussel Nationaal ZN 1930 Zaventem
CompanyCBE no.
ABELAG HANDLING● Active
0400.366.114
Aeronautique 58● Active
0406.561.642
0643.921.632
0432.388.386
1004.015.029
0428.116.626
0873.145.696
0863.269.712
0630.944.715

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/12/202516/12/202403/08/202330/06/202208/11/202107/06/2021
General meeting03/12/202516/12/202428/06/202330/06/202227/10/202101/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 10 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202403/12/202509/12/2025DutchPDF
Full model31/12/202316/12/202416/12/2024DutchPDF
Full model31/12/202228/06/202303/08/2023DutchPDF
Full model31/12/202130/06/202230/06/2022DutchPDF
Full model31/12/202027/10/202108/11/2021DutchPDF
Full model31/12/201901/06/202107/06/2021DutchPDF
Full model31/12/201829/07/201929/07/2019DutchPDF
Full model31/12/201719/10/201819/10/2018DutchPDF
Full model31/12/201626/10/201705/04/2018DutchPDF
Full model31/12/201527/10/201625/11/2016DutchPDF

Indicative valuation

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.

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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 31/12/2024

3 active · 7 ended

Active mandates

LYS CONSEIL

Managing director · since 18 septembre 2025 · until 31 août 2031 · 0473.618.039

Represented by Laurent Levaux

Active
Richard Prince

Director · since 01 décembre 2024 · until 30 juin 2030

Active
Patrick Minsart

Managing director · since 28 décembre 2023 · until 31 juillet 2025

Active

Ended mandates

Patrick Minsart

Managing director · since 28 décembre 2023 · until 24 mai 2029

Ended
Maurits Beerepoot

Director · since 11 septembre 2020 · until 26 mai 2026

Ended
Aviapartner Belgium

Managing director · since 01 janvier 2019 · until 29 mai 2024 · 0404.529.392

Represented by Pieter Van Den Nieuwenhuizen

Ended
Aviapartner Belgium

Managing director · since 19 décembre 2016 · until 25 mai 2022 · 0404.529.392

Represented by Pieter Van Den Nieuwenhuizen

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates02/04/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/03/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares13/03/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates11/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-5,6 M €↓
  2. 2023
    Annual accounts 2023-4,6 M €↓
  3. 2022
    Annual accounts 2022-2,1 M €↓
  4. 2021
    Annual accounts 2021627,5 k €↑
  5. 2020
    Annual accounts 2020-1,4 M €↓
  6. 2018
    Annual accounts 2018-1 M €↓
  7. 2017
    Annual accounts 2017-143,7 k €↑
  8. 2016
    Annual accounts 2016-1,9 M €
  9. 08/10/2014
    IncorporationPublic limited company