NORMAL SITUATION

White Wire

Financial year 2021 · closed on 31/12/2021
Net result
92,2 k €
+379.2% YoY
Gross margin
402,5 k €
+2.9% YoY
Equity
6 k €
+107.0% YoY

Company — Normal situation.

What does White Wire do?

White Wire is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0672.500.208
Legal form
Private company with limited liability
Contributed capital
12 807,87 €
Latest accounts
31/12/2021
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2021202020192018
Income statement
Gross margin402,5 k €391,1 k €511,7 k €479,7 k €
EBITDA138,5 k €-10,9 k €-50,8 k €25 k €
Operating result123,7 k €-27,3 k €-57,7 k €16,1 k €
Net result92,2 k €-33 k €-74,2 k €8,7 k €
Balance sheet
Equity6 k €-86,2 k €-59,3 k €14,9 k €
Total assets385,9 k €316,5 k €317,5 k €353,1 k €
Cash131,6 k €86,8 k €33,3 k €52,1 k €
Debts362,8 k €390 k €376,9 k €338,2 k €
Other
Workforce5,4 ETP9,2 ETP4,1 ETP
Governance

Board of directors

Seen on filing of 31/12/2021 · 2 active · 4 ended

Active mandates

Cranium Belgium

Director · since 18 juin 2020 · 0645.867.372

Represented by Alex Van Cauwenbergh

Active
Alex Van Cauwenbergh

Director

Active

Ended mandates

Bart Van Buitenen

Director · since 11 mars 2019 · until 18 juin 2020

Ended
BLUE WIRE

Manager · since 03 mars 2017 · until 01 avril 2019 · 0847.344.884

Represented by Peter Berghmans

Ended
Lorica BVBA

Manager · since 03 mars 2017 · until 01 avril 2019 · 0538.716.422

Represented by Bart van Buitenen

Ended
Bart van Buitenen

Director

Ended
Annual accounts

Full financial information

2021202020192018
Type of accountMicro modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202101/01/202001/01/201908/03/2017
Closing of the financial year31/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months22 months
Filing date20/07/202210/08/202107/10/202001/08/2019
General meeting17/06/202218/06/202115/06/202021/06/2019
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202117/06/202220/07/2022DutchPDF
Abridged model31/12/202018/06/202110/08/2021DutchPDF
Abridged model31/12/201915/06/202007/10/2020DutchPDF
Abridged model31/12/201821/06/201901/08/2019DutchPDF
Estimate

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.

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 31/12/2021 · 2 active · 4 ended

Active mandates

Cranium Belgium

Director · since 18 juin 2020 · 0645.867.372

Represented by Alex Van Cauwenbergh

Active
Alex Van Cauwenbergh

Director

Active

Ended mandates

Bart Van Buitenen

Director · since 11 mars 2019 · until 18 juin 2020

Ended
BLUE WIRE

Manager · since 03 mars 2017 · until 01 avril 2019 · 0847.344.884

Represented by Peter Berghmans

Ended
Lorica BVBA

Manager · since 03 mars 2017 · until 01 avril 2019 · 0538.716.422

Represented by Bart van Buitenen

Ended
Bart van Buitenen

Director

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2021
    Annual accounts 202192,2 k €
  2. 2020
    Annual accounts 2020-33 k €
  3. 2019
    Annual accounts 2019-74,2 k €
  4. 2018
    Annual accounts 20188,7 k €