ACTIVE

BELGIAN WIRE SERVICES

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Financial year 2025 · closed on 31/12/2025

Net result

95,4 k €

+8.3% YoY

Gross margin

241,1 k €

-7.6% YoY

Equity

746,3 k €

+14.6% YoY

Workforce

0,8 ETP

-33.3% YoY

What does BELGIAN WIRE SERVICES do?

BELGIAN WIRE SERVICES is a Public limited company incorporated in 2008. Its main activity is: Wholesale of metals and metal ores. Its registered office is in Zele. It employs on average 0,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0808.301.295

Incorporation

10/12/2008

Legal form

Public limited company

Registered office

Voermanstraat 1
9240 Zele · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

0,8 ETP

Activities (NACE)

46720Wholesale of metals and metal ores· main 46741Wholesale of hardware, plumbing and heating equipment and supplies 46820Wholesale trade, except of motor vehicles and motorcycles 46841Wholesale trade, except of motor vehicles and motorcycles 13940Manufacture of cordage, rope, twine and netting 13940Manufacture of cordage, rope, twine and netting+4

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	241,1 k €	-7.6%	260,9 k €	-9.1%	287 k €	+9.4%	262,4 k €	+12.2%	233,8 k €	+24.8%	187,3 k €	+15.1%	162,7 k €	-28.6%	227,9 k €	+44.2%	158 k €	+5.0%	150,5 k €	-52.0%	313,8 k €	+378%	65,7 k €	-56.0%	149,1 k €	+41.7%	105,2 k €	+72.1%	61,1 k €	+161%	-99,7 k €	-149%	204,2 k €
EBITDA	155,1 k €	+6.6%	145,5 k €	-22.8%	188,4 k €	+7.7%	174,9 k €	+16.4%	150,3 k €	+44.7%	103,8 k €	+30.7%	79,4 k €	-46.1%	147,3 k €	+71.9%	85,7 k €	+20.1%	71,3 k €	-60.7%	181,3 k €	+341%	-75,3 k €	-285%	40,7 k €	+27.0%	32 k €	-46.3%	59,7 k €	+159%	-101,1 k €	-150%	202,5 k €
Operating result	143,5 k €	+6.2%	135 k €	-24.5%	178,8 k €	+5.6%	169,3 k €	+20.9%	140,1 k €	+58.0%	88,6 k €	+48.1%	59,8 k €	-6.8%	64,2 k €	+113%	30,1 k €	+16.9%	25,8 k €	-84.2%	163,3 k €	+264%	-99,7 k €	-673%	17,4 k €	-1.8%	17,7 k €	-67.9%	55,3 k €	+86.2%	29,7 k €	+62.4%	18,3 k €
Net result	95,4 k €	+8.3%	88 k €	-25.7%	118,5 k €	+8.6%	109,1 k €	+14.8%	95,1 k €	+207%	30,9 k €	-24.5%	41 k €	+11.8%	36,7 k €	+211%	11,8 k €	+195%	4 k €	-96.9%	127,2 k €	+215%	-110,9 k €	-2947%	3,9 k €	-31.3%	5,7 k €	-71.8%	20,1 k €	+596%	2,9 k €	-41.8%	5 k €
Balance sheet
Equity	746,3 k €	+14.6%	650,9 k €	+15.6%	562,9 k €	+26.7%	444,4 k €	+32.6%	335,2 k €	+39.6%	240,2 k €	+14.8%	209,2 k €	+24.3%	168,3 k €	+27.9%	131,6 k €	+9.8%	119,8 k €	+3.5%	115,8 k €	+1123%	-11,3 k €	-111%	99,6 k €	+4.1%	95,7 k €	+6.3%	90 k €	+28.8%	69,9 k €	+4.3%	67 k €
Total assets	1,1 M €	-8.9%	1,2 M €	-0.6%	1,2 M €	+12.8%	1,1 M €	+2.0%	1 M €	+8.1%	956,4 k €	+5.4%	907,3 k €	+0.7%	901 k €	-11.6%	1 M €	-10.4%	1,1 M €	-18.4%	1,4 M €	-0.5%	1,4 M €	-0.6%	1,4 M €	-11.5%	1,6 M €	-15.2%	1,9 M €	+6.8%	1,8 M €	+81.9%	967,6 k €
Cash	189,3 k €	-46.0%	350,7 k €	+7.3%	326,7 k €	+54.0%	212,1 k €	-8.8%	232,6 k €	+170%	86 k €	+72.3%	49,9 k €	-15.8%	59,3 k €	-52.9%	125,8 k €	+190%	43,4 k €	-41.1%	73,7 k €	-38.5%	119,8 k €	+79.6%	66,7 k €	-60.2%	167,4 k €	-13.2%	192,9 k €	-52.5%	405,9 k €	+328%	94,9 k €
Debts	331,2 k €	-37.7%	531,2 k €	-15.2%	626,2 k €	+2.7%	609,7 k €	-12.7%	698,3 k €	-2.5%	716,2 k €	+2.9%	696,3 k €	-4.9%	732,3 k €	-13.9%	850,5 k €	-13.3%	980,9 k €	-21.0%	1,2 M €	-12.2%	1,4 M €	+8.3%	1,3 M €	-12.6%	1,5 M €	-16.5%	1,8 M €	+6.1%	1,7 M €	+87.7%	897,6 k €
Other
Workforce	0,8 ETP	-33.3%	1,2 ETP	+20.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-47.4%	1,9 ETP	-5.0%	2,0 ETP	+25.0%	1,6 ETP	+60.0%	1,0 ETP		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

LUC MICHIELS

Managing director

Active

Marc Van den Broeck

Managing director

Active

Ended mandates

Luc Michiels

Director · since 02 mai 2014 · until 02 mai 2020

Ended

LUDAMAR

Director · since 02 mai 2014 · until 02 mai 2020 · 0465.024.235

Represented by Luc Michiels

Ended

LUDAMAR

Director · since 02 mai 2014 · until 02 mai 2020 · 0465.024.235

Represented by Luc Michiels

Ended

LUDAMAR

Director · since 02 mai 2014 · until 02 mai 2020 · 0465.024.235

Represented by Luc Michiels

Ended

At this address

Other companies at this address

Company	CBE no.
ENNIM● Active	0451.006.844
JACKIMMO● Active	0454.864.573
LASHING INTERNATIONAL● Active	0422.870.807
LASHING T.G.V.● Active	0447.494.553
LUDAMAR● Active	0465.024.235
TRANSPORT HEIRWEGH● Active	0413.628.883

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	14/07/2026	30/06/2025	24/07/2024	31/08/2023	30/08/2022	30/07/2021
General meeting	18/06/2026	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	18/06/2026	14/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	30/06/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	24/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	30/08/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	06/08/2020	25/08/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	21/08/2019	Dutch	PDF
Abridged model	31/12/2017	04/05/2018	21/06/2018	Dutch	PDF
Abridged model	31/12/2016	05/05/2017	18/05/2017	Dutch	PDF
Abridged model	31/12/2015	06/05/2016	23/06/2016	Dutch	PDF
Abridged model	31/12/2014	08/05/2015	27/08/2015	Dutch	PDF
Abridged model	31/12/2013	02/05/2014	15/05/2014	Dutch	PDF
Abridged model	31/12/2012	03/05/2013	11/07/2013	Dutch	PDF
Abridged model	31/12/2011	04/05/2012	31/05/2012	Dutch	PDF
Abridged model	31/12/2010	06/05/2011	09/05/2011	Dutch	PDF
Abridged model	31/12/2009	07/05/2010	03/06/2010	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 2 active · 10 ended

Active mandates

LUC MICHIELS

Managing director

Active

Marc Van den Broeck

Managing director

Active

Ended mandates

Luc Michiels

Director · since 02 mai 2014 · until 02 mai 2020

Ended

LUDAMAR

Director · since 02 mai 2014 · until 02 mai 2020 · 0465.024.235

Represented by Luc Michiels

Ended

LUDAMAR

Director · since 02 mai 2014 · until 02 mai 2020 · 0465.024.235

Represented by Luc Michiels

Ended

LUDAMAR

Director · since 02 mai 2014 · until 02 mai 2020 · 0465.024.235

Represented by Luc Michiels

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/06/2014
ONTSLAGEN - BENOEMINGEN
PDF
Other18/12/2008
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

2025
Annual accounts 202595,4 k €↑
2024
Annual accounts 202488 k €↓
2023
Annual accounts 2023118,5 k €↑
2022
Annual accounts 2022109,1 k €↑
2021
Annual accounts 202195,1 k €↑
2020
Annual accounts 202030,9 k €↓
2019
Annual accounts 201941 k €↑
2018
Annual accounts 201836,7 k €↑
2017
Annual accounts 201711,8 k €↑
2016
Annual accounts 20164 k €↓
2015
Annual accounts 2015127,2 k €↑
2014
Annual accounts 2014-110,9 k €↓
2013
Annual accounts 20133,9 k €↓
2012
Annual accounts 20125,7 k €↓
2011
Annual accounts 201120,1 k €↑
2010
Annual accounts 20102,9 k €↓
2009
Annual accounts 20095 k €
10/12/2008
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

BELGIAN WIRE SERVICES

Overview

What does BELGIAN WIRE SERVICES do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline