ACTIVE

Wethink

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Financial year 2025 · closed on 31/12/2025
Net result
-97,7 k €
-370.2% YoY
Gross margin
62,4 k €
-74.9% YoY
Equity
48,2 k €
-66.9% YoY
Workforce
1,9 ETP

What does Wethink do?

Wethink is a Private limited company incorporated in 2015. Its main activity is: Manufacture of electric lighting equipment. Its registered office is in Peer. It employs on average 1,9 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0644.725.445
Incorporation
21/12/2015
Legal form
Private limited company
Registered office
Baan naar Bree 82
3990 Peer · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
1,9 ETP
Activities (NACE)
27402Manufacture of electric lighting equipment· main27402Manufacture of electric lighting equipment71121Engineering activities and related technical consultancy71121Engineering activities and related technical consultancy22260Manufacture of plastic products22290Manufacture of other plastic products+4
Joint committees (1)
  • 200
Contacts
1 public detail availableLog in to view
Signals
Good liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin62,4 k €248,9 k €229,8 k €69,3 k €64,9 k €73,9 k €89,5 k €152,1 k €157,4 k €-2 k €
EBITDA-78,7 k €73,9 k €75,5 k €27 k €28 k €44,9 k €22,2 k €18,1 k €51,9 k €-2,7 k €
Operating result-92,6 k €50,7 k €54,1 k €15,3 k €15,9 k €32,4 k €9,3 k €4,1 k €38,1 k €-3,9 k €
Net result-97,7 k €36,1 k €36,7 k €10,1 k €8 k €29,1 k €3,4 k €21,5 €18,7 k €-3,9 k €
Balance sheet
Equity48,2 k €145,9 k €109,8 k €73,1 k €63 k €55 k €36,9 k €33,5 k €21 k €2,3 k €
Total assets164,9 k €296,6 k €339,5 k €259,6 k €95,5 k €135,9 k €170,1 k €211,7 k €186,8 k €156 k €
Cash36,7 k €61,4 k €27,7 k €42,4 k €6,6 k €15,4 k €476,5 €1,1 k €11 k €13,5 k €
Debts116,6 k €150,6 k €229,7 k €186,4 k €32,2 k €80,8 k €132,6 k €177,4 k €164,2 k €153,7 k €
Other
Workforce1,9 ETP–––––––––
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 · 1 active · 7 ended

Active mandates

Tom Peeters

Director · since 03 mars 2025

Active

Ended mandates

TP Consultancy

Director · since 01 avril 2025 · 1024.495.093

Represented by Tom Peeters

Ended
FVM

Manager · since 14 septembre 2023 · 0831.606.536

Represented by Frank Vandijck

Ended
FVM

Director · since 16 novembre 2016 · 0831.606.536

Represented by Frank Vandijck

Ended
FVM

Manager · since 14 novembre 2016 · 0831.606.536

Represented by Frank Vandijck

Ended
At this address

Other companies at this address

CompanyCBE no.
ANKE PLAVEC● Active
0832.269.007
FVM● Active
0831.606.536
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelMicro modelMicro modelMicro modelMicro modelMicro 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 date26/08/202604/09/202509/09/202420/07/202318/07/202213/09/2021
General meeting30/06/202615/08/202530/08/202405/06/202307/06/202207/06/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202626/08/2026DutchPDF
Micro model31/12/202415/08/202504/09/2025DutchPDF
Micro model31/12/202330/08/202409/09/2024DutchPDF
Micro model31/12/202205/06/202320/07/2023DutchPDF
Micro model31/12/202107/06/202218/07/2022DutchPDF
Micro model31/12/202007/06/202113/09/2021DutchPDF
Micro model31/12/201902/06/202016/06/2020DutchPDF
Micro model31/12/201803/06/201929/08/2019DutchPDF
Micro model31/12/201704/06/201827/07/2018DutchPDF
Micro model31/12/201606/06/201720/07/2017DutchPDF
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 · 1 active · 7 ended

Active mandates

Tom Peeters

Director · since 03 mars 2025

Active

Ended mandates

TP Consultancy

Director · since 01 avril 2025 · 1024.495.093

Represented by Tom Peeters

Ended
FVM

Manager · since 14 septembre 2023 · 0831.606.536

Represented by Frank Vandijck

Ended
FVM

Director · since 16 novembre 2016 · 0831.606.536

Represented by Frank Vandijck

Ended
FVM

Manager · since 14 novembre 2016 · 0831.606.536

Represented by Frank Vandijck

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/09/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office25/06/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates13/12/2016
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other23/12/2015
    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 2025-97,7 k €↓
  2. 2024
    Annual accounts 202436,1 k €↓
  3. 2023
    Annual accounts 202336,7 k €↑
  4. 2022
    Annual accounts 202210,1 k €↑
  5. 2021
    Annual accounts 20218 k €↓
  6. 2020
    Annual accounts 202029,1 k €↑
  7. 2019
    Annual accounts 20193,4 k €↑
  8. 2018
    Annual accounts 201821,5 €↓
  9. 2017
    Annual accounts 201718,7 k €↑
  10. 2016
    Annual accounts 2016-3,9 k €
  11. 21/12/2015
    IncorporationPrivate limited company