ACTIVE

W-security

Financial year 2025 · closed on 30/06/2025
Net result
744,1 €
-93.3% YoY
Gross margin
124,5 k €
+38.0% YoY
Equity
15 k €
+5.2% YoY
Workforce
2,0 ETP
0.0% YoY

What does W-security do?

W-security is a Private limited company incorporated in 2018. Its main activity is: Electrical installation. Its registered office is in Aalter. It employs on average 2,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0689.940.214
Incorporation
08/02/2018
Legal form
Private limited company
Registered office
De Wijngaard 9
9910 Aalter · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/06/2025
Average workforce
2,0 ETP
Joint committees (3)
  • 14901
  • 2000
  • 20000
Signals
ProfitableGood liquidityHealthy social debts
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin124,5 k €90,3 k €46 k €48,1 k €88,6 k €33,1 k €38,5 k €
EBITDA-62,5 k €18 k €9,2 k €1,3 k €-1,2 k €5 k €33,8 k €
Operating result1,6 k €10,5 k €6,1 k €-31,3 k €-7,1 k €-1,1 k €25,6 k €
Net result744,1 €11 k €6,3 k €-31,2 k €-6,3 k €-792 €16,6 k €
Balance sheet
Equity15 k €14,2 k €3,2 k €-3,1 k €15,7 k €22 k €22,8 k €
Total assets142,1 k €100,6 k €84,2 k €69,6 k €86,2 k €61,8 k €59,9 k €
Cash28,8 k €65,7 k €54,8 k €16,7 k €26,8 k €8,6 k €6,9 k €
Debts127,1 k €21,3 k €23,5 k €14,9 k €39,6 k €39,5 k €37,1 k €
Other
Workforce2,0 ETP2,0 ETP1,0 ETP1,0 ETP1,0 ETP0,6 ETP1,0 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 30/06/2025 · 2 active · 5 ended

Active mandates

Glenn Wille

Director · since 24 mai 2023

Active
Jeffrey Wille

Director · since 24 mai 2023 · until 01 avril 2025

Active

Ended mandates

Jeffrey Wille

Director · since 24 mai 2023

Ended
Glenn Wille

Director · since 07 février 2018

Ended
Jeffrey Wille

Director · since 07 février 2018

Ended
Glenn Albert Wille

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
WIBIActive
0700.225.281
Wille-TECHNICSActive
1020.530.070
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date30/12/202526/12/202418/12/202330/01/202327/01/202219/01/2021
General meeting04/12/202505/12/202407/12/202301/12/202202/12/202103/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202504/12/202530/12/2025DutchPDF
Abridged model30/06/202405/12/202426/12/2024DutchPDF
Abridged model30/06/202307/12/202318/12/2023DutchPDF
Abridged model30/06/202201/12/202230/01/2023DutchPDF
Abridged model30/06/202102/12/202127/01/2022DutchPDF
Abridged model30/06/202003/12/202019/01/2021DutchPDF
Abridged model30/06/201905/12/201914/01/2020DutchPDF
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 30/06/2025 · 2 active · 5 ended

Active mandates

Glenn Wille

Director · since 24 mai 2023

Active
Jeffrey Wille

Director · since 24 mai 2023 · until 01 avril 2025

Active

Ended mandates

Jeffrey Wille

Director · since 24 mai 2023

Ended
Glenn Wille

Director · since 07 février 2018

Ended
Jeffrey Wille

Director · since 07 février 2018

Ended
Glenn Albert Wille

Manager

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/06/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/02/2018
    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 2025744,1 €
  2. 2024
    Annual accounts 202411 k €
  3. 2023
    Annual accounts 20236,3 k €
  4. 2022
    Annual accounts 2022-31,2 k €
  5. 2021
    Annual accounts 2021-6,3 k €
  6. 2020
    Annual accounts 2020-792 €
  7. 2019
    Annual accounts 201916,6 k €
  8. 08/02/2018
    IncorporationPrivate limited company