ACTIVE

WANDELAAR INVEST

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Financial year 2025 · Closed on 31/12/2025

Net result-6,5 M €-304,3 %over 1 year
Revenue11 M €+0,5 %over 1 year
Equity6,1 M €-63,4 %over 1 year

Identity

Source · BCE/KBO

WANDELAAR INVEST is a Public limited company incorporated in 2009. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0811.706.589
Incorporation
13/05/2009
Legal form
Public limited company
Registered office
Rue du Vieux Marché aux Grains 63
1000 Bruxelles · BruxellesSee on map
Contributed capital
4 632 100,00 €
Latest accounts
31/12/2025
Signals
Solid equityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 17 filings

Trend over 17 financial years

20252024202320222021
Income statement
Revenue11 M €10,9 M €10,9 M €10,8 M €10,6 M €
EBITDA10,8 M €10,8 M €10,7 M €10,6 M €10,5 M €
Operating result-6,2 M €4,8 M €5,8 M €4,7 M €4,6 M €
Net result-6,5 M €3,2 M €3,6 M €2,6 M €2,3 M €
Balance sheet
Equity6,1 M €16,6 M €15,1 M €13,7 M €12,8 M €
Total assets17,4 M €32,9 M €39,4 M €45,2 M €51 M €
Cash5,6 M €4 M €5,9 M €5,4 M €5,1 M €
Debts11 M €16 M €23,9 M €30,2 M €36,9 M €

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

5 active · 44 ended

Active mandates

Participatiemaatschappij Vlaanderen

Director · since 24 mars 2025 · until 28 mai 2027 · 0455.777.660

Represented by Steven Oosterlynck

Active
Jan Adam

Director · since 01 décembre 2024 · until 28 mai 2027

Active
Ivan Vertenten

Director · since 31 mai 2024 · until 28 mai 2027

Active
KSH

Director · since 31 mai 2024 · until 28 mai 2027 · 0770.983.417

Represented by Herman Van Driessche

Active
Patrick Blondé

Chairman of the board of directors · since 31 mai 2024 · until 28 mai 2027

Active

Ended mandates

Participatiemaatschappij Vlaanderen

Director · since 31 mai 2024 · until 28 mai 2027 · 0455.777.660

Represented by Sebastien Tobback

Ended
Rob Smeets

Director · since 31 mai 2024 · until 30 novembre 2024

Ended
Participatiemaatschappij Vlaanderen

Director · since 01 décembre 2023 · until 30 mai 2025 · 0455.777.660

Represented by Sebastien Tobback

Ended
Participatiemaatschappij Vlaanderen

Director · since 19 septembre 2022 · until 30 mai 2025 · 0455.777.660

Represented by Pieter Sablon

Ended

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Full financial information

Source · NBB
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 date19/06/202617/06/202511/06/202412/06/202313/06/202209/06/2021
General meeting16/06/202612/06/202504/06/202405/06/202327/05/202228/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 17 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202516/06/202619/06/2026DutchPDF
Full model31/12/202412/06/202517/06/2025DutchPDF
Full model31/12/202304/06/202411/06/2024DutchPDF
Full model31/12/202205/06/202312/06/2023DutchPDF
Full model31/12/202127/05/202213/06/2022DutchPDF
Full model31/12/202028/05/202109/06/2021DutchPDF
Full model31/12/201929/05/202010/06/2020DutchPDF
Full model31/12/201831/05/201917/06/2019DutchPDF
Full model31/12/201725/05/201820/06/2018DutchPDF
Full model31/12/201626/05/201722/06/2017DutchPDF
Full model31/12/201527/05/201620/06/2016DutchPDF
Full model31/12/201429/05/201509/06/2015DutchPDF
Full model31/12/201330/05/201413/06/2014DutchPDF
Full model31/12/201231/05/201313/06/2013DutchPDF
Abridged model31/12/201125/05/201208/06/2012DutchPDF
Abridged model31/12/201027/05/201120/06/2011DutchPDF
Abridged model31/12/200928/05/201011/06/2010DutchPDF

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

5 active · 44 ended

Active mandates

Participatiemaatschappij Vlaanderen

Director · since 24 mars 2025 · until 28 mai 2027 · 0455.777.660

Represented by Steven Oosterlynck

Active
Jan Adam

Director · since 01 décembre 2024 · until 28 mai 2027

Active
Ivan Vertenten

Director · since 31 mai 2024 · until 28 mai 2027

Active
KSH

Director · since 31 mai 2024 · until 28 mai 2027 · 0770.983.417

Represented by Herman Van Driessche

Active
Patrick Blondé

Chairman of the board of directors · since 31 mai 2024 · until 28 mai 2027

Active

Ended mandates

Participatiemaatschappij Vlaanderen

Director · since 31 mai 2024 · until 28 mai 2027 · 0455.777.660

Represented by Sebastien Tobback

Ended
Rob Smeets

Director · since 31 mai 2024 · until 30 novembre 2024

Ended
Participatiemaatschappij Vlaanderen

Director · since 01 décembre 2023 · until 30 mai 2025 · 0455.777.660

Represented by Sebastien Tobback

Ended
Participatiemaatschappij Vlaanderen

Director · since 19 septembre 2022 · until 30 mai 2025 · 0455.777.660

Represented by Pieter Sablon

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates04/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other07/06/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates21/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF

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 2025-6,5 M €↓
  2. 24/03/2025
    nominationSteven Oosterlynck — bestuurder
  3. 2024
    Annual accounts 20243,2 M €↓
  4. 30/11/2024
    nominationJan Adam — bestuurder
  5. 31/05/2024
    reconductionBDO Bedrijfsrevisoren — commissaris
  6. 31/05/2024
    reconductionRob Smeets — bestuurder
  7. 31/05/2024
    reconductionPatrick Bloridé — bestuurder
  8. 31/05/2024
    reconductionPMV NV — bestuurder
  9. 2023
    Annual accounts 20233,6 M €↑
  10. 01/12/2023
    nominationSebastien Tobback — bestuurder
  11. 2022
    Annual accounts 20222,6 M €↑
  12. 19/09/2022
    nominationPieter Sablon — bestuurder
  13. 2021
    Annual accounts 20212,3 M €↑
  14. 05/11/2021
    nominationHerman Van Driessche — vaste vertegenwoordiger (KSH B.V.)
  15. 2020
    Annual accounts 20202,1 M €↑
  16. 2019
    Annual accounts 20191,7 M €↑
  17. 2018
    Annual accounts 20181,4 M €↑
  18. 2017
    Annual accounts 20171,3 M €↑
  19. 2016
    Annual accounts 20161,1 M €↑
  20. 2015
    Annual accounts 2015468,6 k €↑
  21. 2014
    Annual accounts 2014422,9 k €↓
  22. 2013
    Annual accounts 2013654 k €↑
  23. 2012
    Annual accounts 2012-173,2 k €↓
  24. 2011
    Annual accounts 20117,6 k €↑
  25. 2010
    Annual accounts 2010-67,8 k €↓
  26. 2009
    Annual accounts 2009-43,2 k €
  27. 13/05/2009
    IncorporationPublic limited company