ACTIVE

WISSELKOUTER

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Financial year 2025 · closed on 31/12/2025
Net result
265,4 k €
-69.4% YoY
Revenue
4,6 M €
+5.8% YoY
Equity
1,9 M €
+16.5% YoY

What does WISSELKOUTER do?

WISSELKOUTER is a Private limited company incorporated in 2018. Its main activity is: Development of building projects. Its registered office is in Gent.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0702.878.034
Incorporation
06/09/2018
Legal form
Private limited company
Registered office
Poortakkerstraat 94
9051 Gent · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
41101Development of building projects· main68121Buying and selling of own real estate41102Development of building projects68122Buying and selling of own real estate
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Revenue4,6 M €4,4 M €958 k €1,9 M €5,1 M €5,1 M €343,2 k €
EBITDA652,8 k €1,2 M €119,4 k €298,1 k €609,9 k €555,6 k €-210 k €
Operating result652,8 k €1,2 M €119,4 k €298,1 k €609,9 k €555,6 k €-210 k €
Net result265,4 k €867,1 k €69,7 k €115,7 k €401,7 k €410 k €-273,6 k €
Balance sheet
Equity1,9 M €1,6 M €742,1 k €672,5 k €556,7 k €155 k €-255 k €
Total assets5,1 M €5,2 M €2,9 M €3 M €3 M €3,6 M €2,5 M €
Cash248,3 k €1,4 M €1,9 M €2 M €989,4 k €663,5 k €751 k €
Debts3,2 M €3,6 M €2,1 M €2,2 M €2,4 M €3,4 M €2,7 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 3 ended

Active mandates

Matthias Hoornaert

Director · since 22 novembre 2023

Active
IMMO DEB INVEST

Director · 0437.529.980

Represented by Catharina De Brabandere

Active
Jan De Brabandere

Director

Active
MASITI

Director · 0479.826.039

Represented by Lode Waes

Active

Ended mandates

MASITI

Director · 0479.826.039

Represented by Lode Waes

Ended
Robert Hoornaert

Director · until 22 novembre 2023

Ended
Robert Hoornaert

Director

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date07/07/202601/07/202517/06/202419/06/202315/06/202214/06/2021
General meeting27/05/202628/05/202529/05/202431/05/202325/05/202226/05/2021
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202527/05/202607/07/2026DutchPDF
Full model31/12/202428/05/202501/07/2025DutchPDF
Full model31/12/202329/05/202417/06/2024DutchPDF
Full model31/12/202231/05/202319/06/2023DutchPDF
Full model31/12/202125/05/202215/06/2022DutchPDF
Full model31/12/202026/05/202114/06/2021DutchPDF
Full model31/12/201927/05/202026/06/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 31/12/2025 · 4 active · 3 ended

Active mandates

Matthias Hoornaert

Director · since 22 novembre 2023

Active
IMMO DEB INVEST

Director · 0437.529.980

Represented by Catharina De Brabandere

Active
Jan De Brabandere

Director

Active
MASITI

Director · 0479.826.039

Represented by Lode Waes

Active

Ended mandates

MASITI

Director · 0479.826.039

Represented by Lode Waes

Ended
Robert Hoornaert

Director · until 22 novembre 2023

Ended
Robert Hoornaert

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other10/09/2018
    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 2025265,4 k €↓
  2. 2024
    Annual accounts 2024867,1 k €↑
  3. 2023
    Annual accounts 202369,7 k €↓
  4. 2022
    Annual accounts 2022115,7 k €↓
  5. 2021
    Annual accounts 2021401,7 k €↓
  6. 2020
    Annual accounts 2020410 k €↑
  7. 2019
    Annual accounts 2019-273,6 k €
  8. 06/09/2018
    IncorporationPrivate limited company