NeWIN (SA) — Herstal (4040)

Identity

Source · BCE/KBO

NeWIN is a Public limited company incorporated in 2009. Its main activity is: Computer consultancy activities. Its registered office is in Herstal. It employs on average 113,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0810.473.996
Incorporation: 17/03/2009
Legal form: Public limited company
Registered office: Parc Ind. des Hauts Sarts, 2e av 65
4040 Herstal · Wallonie
Contributed capital: 4 560 000,00 €
Latest accounts: 31/12/2025
Average workforce: 113,7 ETP

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 63120Web portals 63910News agency activities 43211Electrical installation 43211Electrical installation+6

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 20 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	52,4 M €	-9.6%	57,9 M €	+2.5%	56,6 M €	+0.5%	56,3 M €	+8.6%	51,8 M €
EBITDA	4,8 M €	-33.0%	7,1 M €	+71.1%	4,2 M €	-46.8%	7,9 M €	+19.9%	6,5 M €
Operating result	3,2 M €	-27.8%	4,5 M €	+56.8%	2,8 M €	-33.0%	4,2 M €	-6.4%	4,5 M €
Net result	2,8 M €	-15.8%	3,3 M €	+80.3%	1,8 M €	-36.5%	2,9 M €	-8.4%	3,1 M €
Balance sheet
Equity	18,6 M €	+3.5%	18 M €	+2.4%	17,6 M €	-1.0%	17,8 M €	+19.2%	14,9 M €
Total assets	34 M €	-9.0%	37,4 M €	+5.8%	35,4 M €	+9.5%	32,3 M €	-6.8%	34,6 M €
Cash	309,1 k €	+1.5%	304,6 k €	-96.2%	8 M €	+56.4%	5,1 M €	+45.4%	3,5 M €
Debts	15 M €	-21.5%	19 M €	+8.8%	17,5 M €	+24.7%	14 M €	-25.6%	18,9 M €
Other
Workforce	113,7 ETP	-10.7%	127,3 ETP	-5.7%	135,0 ETP	+1.7%	132,8 ETP	+9.7%	121,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 29 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BOLD MOVES1010.352.394Represented by Arnaud Spirlet	Director19/01/2026 → 15/05/2029
Julien Balistreri	Director13/01/2026 → 15/05/2029
STRAT & MA1012.333.570Represented by Nicolas Dumazy	Director13/01/2026 → 15/05/2029
A. VANDEN CAMP0780.553.654Represented by André Vanden Camp	Chairman of the board of directors21/02/2025 → 15/05/2029Director31/05/2023 → 21/03/2024ended
STeer&LeadWisE1004.104.606Represented by Laurence Mathieu	Director21/02/2025 → 15/05/2029Présidente du Conseil d'Administration01/01/2024 → 15/05/2029
Next-100775.744.830Represented by Pierre Dumont	Director04/10/2024 → 15/05/2029
UNALOME1006.592.853Represented by Peter Billiau	Director21/03/2024 → 15/05/2029
FVH M1004.112.227Represented by Florence Vanderthommen	Director02/01/2024 → 15/05/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Florence Vanderthommen	Director02/08/2022 → 2023 accounts
WBI0711.693.453Represented by Michaël Boecks	Director31/05/2023 → 30/09/2023

Other companies at this address

Parc Ind. des Hauts Sarts, 2e av 65 4040 Herstal

Company	CBE no.
BelgiumDC● Active	0660.908.411
IPEX Liège● Active	0667.681.781
NETWORK RESEARCH BELGIUM● Active	0430.502.430
PHENIX DATA CENTER● Active	0861.518.564
unité T.V.A. ETHIAS● Active	0890.147.917
Wallonie Data Center● Active	0880.236.693

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	04/06/2026	17/12/2025	07/06/2024	31/05/2023	13/06/2022	10/06/2021
General meeting	19/05/2026	20/05/2025	21/05/2024	16/05/2023	01/06/2022	18/05/2021
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/05/2026	04/06/2026	French	PDF
Full modelCorrection	31/12/2024	20/05/2025	17/12/2025	French	PDF
Full modelCorrection	31/12/2024	20/05/2025	12/06/2025	French	PDF
Full model	31/12/2024	20/05/2025	26/05/2025	French	PDF
Full model	31/12/2023	21/05/2024	07/06/2024	French	PDF
Full model	31/12/2022	16/05/2023	31/05/2023	French	PDF
Full model	31/12/2021	01/06/2022	13/06/2022	French	PDF
Full model	31/12/2020	18/05/2021	10/06/2021	French	PDF
Full model	31/12/2019	08/09/2020	17/09/2020	French	PDF
Full model	31/12/2018	20/06/2019	05/07/2019	French	PDF
Full model	31/12/2017	15/05/2018	05/06/2018	French	PDF
Full model	31/12/2016	16/05/2017	07/06/2017	French	PDF
Full model	31/12/2015	17/05/2016	01/06/2016	French	PDF
Full model	31/12/2014	19/05/2015	21/05/2015	French	PDF
Full model	31/12/2013	20/05/2014	17/06/2014	French	PDF
Full model	31/12/2012	21/05/2013	30/05/2013	French	PDF
Full modelCorrection	31/12/2011	15/05/2012	19/10/2012	French	PDF
Full model	31/12/2011	15/05/2012	11/06/2012	French	PDF
Full model	31/12/2010	07/06/2011	28/06/2011	French	PDF
Full model	31/12/2009	18/05/2010	28/05/2010	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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

8 active · 29 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BOLD MOVES1010.352.394Represented by Arnaud Spirlet	Director19/01/2026 → 15/05/2029
Julien Balistreri	Director13/01/2026 → 15/05/2029
STRAT & MA1012.333.570Represented by Nicolas Dumazy	Director13/01/2026 → 15/05/2029
A. VANDEN CAMP0780.553.654Represented by André Vanden Camp	Chairman of the board of directors21/02/2025 → 15/05/2029Director31/05/2023 → 21/03/2024ended
STeer&LeadWisE1004.104.606Represented by Laurence Mathieu	Director21/02/2025 → 15/05/2029Présidente du Conseil d'Administration01/01/2024 → 15/05/2029
Next-100775.744.830Represented by Pierre Dumont	Director04/10/2024 → 15/05/2029
UNALOME1006.592.853Represented by Peter Billiau	Director21/03/2024 → 15/05/2029
FVH M1004.112.227Represented by Florence Vanderthommen	Director02/01/2024 → 15/05/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Florence Vanderthommen	Director02/08/2022 → 2023 accounts
WBI0711.693.453Represented by Michaël Boecks	Director31/05/2023 → 30/09/2023

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring05/10/2026
Dépôt du projet de fusion
PDF
Mandates26/02/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates09/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates12/05/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates08/04/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates05/11/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates04/09/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates07/08/2024
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

BOLD MOVES

STRAT & MA

Julien Balistreri

A. VANDEN CAMP

STeer&LeadWisE

Next-10

UNALOME

FVH M

WBI

Florence Vanderthommen

Bertrand Demonceau

Frédéric Vandeschoor

Show the 25 other mandates

200920102011201220132014201520162017201820192020202120222023202420252026202720282029

NeWIN

Parc Ind. des Hauts Sarts, 2e av 65, 4040 HerstalRue Louvrex 95, 4000 Liège

Director

Chairman of the board of directors

DirectorPrésidente du Conseil d'Administration

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Parc Ind. des Hauts Sarts, 2e av 65, 4040 HerstalCurrent	accounts 2023 → 2025	Accounts 2025 · 2026-00145102
Rue Louvrex 95, 4000 Liège	accounts 2021 → 2022	Accounts 2022 · 2023-00102712

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
NeWINCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00145102
NeWIN (en abrégé WIN)	accounts 2021	Accounts 2021 · 2022-20065426

Events

2025
Annual accounts 20252,8 M €↓
2024
Annual accounts 20243,3 M €↑
2023
Annual accounts 20231,8 M €↓
2022
Annual accounts 20222,9 M €↓
2022
Name changeNeWIN
2021
Annual accounts 20213,1 M €↑
2020
Annual accounts 20202,6 M €↓
2019
Annual accounts 20192,8 M €↓
2018
Annual accounts 20182,8 M €↑
2017
Annual accounts 20172,7 M €↓
2016
Annual accounts 20162,8 M €↑
2015
Annual accounts 20152,4 M €↓
2014
Annual accounts 20142,7 M €↑
2013
Annual accounts 20131,5 M €↑
2012
Annual accounts 2012603,7 k €↓
2011
Annual accounts 2011999,9 k €↑
2010
Annual accounts 2010705,4 k €↑
2009
Annual accounts 2009161,6 k €
17/03/2009
IncorporationPublic limited company

NeWIN

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