ACTIVE

BELGIAN WIRE SERVICES

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Financial year 2025 · Closed on 31/12/2025

Net result95,4 k €+8,3 %over 1 year

Gross margin241,1 k €-7,6 %over 1 year

Equity746,3 k €+14,6 %over 1 year

Workforce0,8 ETP-33,3 %over 1 year

Identity

Source · BCE/KBO

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

Financials

Source · NBB, 17 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
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 €
EBITDA	155,1 k €	+6.6%	145,5 k €	-22.8%	188,4 k €	+7.7%	174,9 k €	+16.4%	150,3 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 €
Net result	95,4 k €	+8.3%	88 k €	-25.7%	118,5 k €	+8.6%	109,1 k €	+14.8%	95,1 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 €
Total assets	1,1 M €	-8.9%	1,2 M €	-0.6%	1,2 M €	+12.8%	1,1 M €	+2.0%	1 M €
Cash	189,3 k €	-46.0%	350,7 k €	+7.3%	326,7 k €	+54.0%	212,1 k €	-8.8%	232,6 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 €
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

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Luc Michiels	Managing directorDirector10/12/2008 → 2018 accountsended
Marc Van Den Broeck	Managing directorDirector10/12/2008 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
LUDAMAR0465.024.235Represented by Luc Michiels	Director10/12/2008 → 2015 accounts

Other companies at this address

Voermanstraat 1 9240 Zele

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

Full financial information

Source · NBB

	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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 17 filings

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

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Luc Michiels	Managing directorDirector10/12/2008 → 2018 accountsended
Marc Van Den Broeck	Managing directorDirector10/12/2008 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
LUDAMAR0465.024.235Represented by Luc Michiels	Director10/12/2008 → 2015 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

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
OPRICHTING
PDF

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings17 filings

Mandates

LUC MICHIELS

Marc Van den Broeck

LUDAMAR

2008200920102011201220132014201520162017201820192020202120222023202420252026

BELGIAN WIRE SERVICES

Voermanstraat 1, 9240 Zele

Managing directorDirector

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Voermanstraat 1, 9240 ZeleCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00291149

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BELGIAN WIRE SERVICESCurrent	accounts 2009 → 2025	Accounts 2025 · 2026-00291149

Events

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

BELGIAN WIRE SERVICES

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events