ACTIVE

WIVARCO

Financial year 2026 · closed on 31/03/2026
Net result
120,5 k €
-14.7% YoY
Gross margin
257,8 k €
+4.5% YoY
Equity
539,3 k €
+22.2% YoY

What does WIVARCO do?

WIVARCO is a Private limited company incorporated in 2003. Its registered office is in Poperinge.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0860.150.567
Incorporation
20/08/2003
Legal form
Private limited company
Registered office
Hazenbilken 1A
8978 Poperinge · FlandreSee on map
Contributed capital
58 600,00 €
Latest accounts
31/03/2026
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2026202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross margin257,8 k €246,8 k €183,8 k €106,7 k €117,3 k €96,2 k €73,3 k €88,8 k €105,5 k €176,1 k €79,6 k €112,6 k €122,1 k €73,3 k €111,2 k €57,7 k €50,2 k €105,8 k €82,6 k €
EBITDA255,8 k €244 k €182,3 k €104,4 k €116,4 k €94,7 k €72,5 k €88,5 k €105,2 k €175,1 k €75,5 k €110 k €120,7 k €71,2 k €108,3 k €56 k €49,2 k €104,5 k €79 k €
Operating result191,6 k €201,1 k €154,5 k €69,1 k €85,7 k €30,1 k €23,5 k €21,7 k €29,6 k €93,9 k €18,9 k €52,6 k €45,9 k €16,1 k €32,4 k €7,6 k €6,4 k €47,8 k €-54,1 k €
Net result120,5 k €141,2 k €105,7 k €37,9 k €56,5 k €21,1 k €4,8 k €6,9 k €8,7 k €54,2 k €1,2 k €22 k €21,6 k €-5,7 k €9,9 k €-2,4 k €-2,9 k €18,7 k €-15 k €
Balance sheet
Equity539,3 k €441,3 k €306,2 k €208,6 k €177,3 k €173,9 k €153,7 k €170,9 k €164 k €155,3 k €101,1 k €99,9 k €77,9 k €56,3 k €61,9 k €52,1 k €14,5 k €17,3 k €-1,4 k €
Total assets1,8 M €1,6 M €1,8 M €776,5 k €969,2 k €873,8 k €976,6 k €996,4 k €1 M €1,2 M €619,8 k €688,9 k €654,3 k €718,2 k €791,2 k €378,1 k €318,4 k €357,6 k €384,8 k €
Cash137,4 k €556,9 k €12,2 k €93,8 k €226,1 k €73,2 k €287,2 k €241,9 k €33,1 k €74,8 k €3,4 k €32,5 k €4,5 k €3,7 k €24,8 k €8,8 k €3 k €8 k €16,2 k €
Debts1,2 M €1,2 M €1,5 M €567,9 k €791,9 k €699,9 k €822,1 k €824,2 k €875,9 k €1 M €518,3 k €554,9 k €576 k €660,5 k €648,5 k €326,1 k €304 k €340,3 k €386,2 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2026 · 1 active · 6 ended

Active mandates

Wim Pety

Director

Active

Ended mandates

Griet Pety

Manager · since 08 août 2003

Ended
Wim Pety

Manager · since 08 août 2003

Ended
Griet Pety

Manager

Ended
Isabel Sticker

Mandate

Ended
At this address

Other companies at this address

CompanyCBE no.
GRIMMINCKActive
1017.074.791
Annual accounts

Full financial information

202620252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/03/202631/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/09/202613/10/202520/09/202425/09/202324/10/202225/10/2021
General meeting12/09/202613/09/202514/09/202409/09/202310/09/202211/09/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202612/09/202617/09/2026DutchPDF
Abridged model31/03/202513/09/202513/10/2025DutchPDF
Abridged model31/03/202414/09/202420/09/2024DutchPDF
Abridged model31/03/202309/09/202325/09/2023DutchPDF
Abridged model31/03/202210/09/202224/10/2022DutchPDF
Abridged model31/03/202111/09/202125/10/2021DutchPDF
Abridged model31/03/202012/09/202027/11/2020DutchPDF
Abridged model31/03/201914/09/201931/10/2019DutchPDF
Abridged model31/03/201808/09/201829/10/2018DutchPDF
Abridged model31/03/201709/09/201730/10/2017DutchPDF
Abridged model31/03/201610/09/201631/10/2016DutchPDF
Abridged model31/03/201512/09/201528/09/2015DutchPDF
Abridged model31/03/201413/09/201419/11/2014DutchPDF
Abridged model31/03/201314/09/201331/10/2013DutchPDF
Abridged model31/03/201208/09/201224/10/2012DutchPDF
Abridged model31/03/201110/09/201130/11/2011DutchPDF
Abridged model31/03/201011/09/201017/11/2010DutchPDF
Abridged model31/03/200912/09/200916/11/2009DutchPDF
Abridged model31/03/200813/09/200826/11/2008DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/03/2026 · 1 active · 6 ended

Active mandates

Wim Pety

Director

Active

Ended mandates

Griet Pety

Manager · since 08 août 2003

Ended
Wim Pety

Manager · since 08 août 2003

Ended
Griet Pety

Manager

Ended
Isabel Sticker

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/04/2020
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/12/2010
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares27/04/2007
    ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office12/10/2006
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other27/08/2003
    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. 2026
    Annual accounts 2026120,5 k €
  2. 2025
    Annual accounts 2025141,2 k €
  3. 2024
    Annual accounts 2024105,7 k €
  4. 2023
    Annual accounts 202337,9 k €
  5. 2022
    Annual accounts 202256,5 k €
  6. 2021
    Annual accounts 202121,1 k €
  7. 2020
    Annual accounts 20204,8 k €
  8. 2019
    Annual accounts 20196,9 k €
  9. 2018
    Annual accounts 20188,7 k €
  10. 2017
    Annual accounts 201754,2 k €
  11. 2016
    Annual accounts 20161,2 k €
  12. 2015
    Annual accounts 201522 k €
  13. 2014
    Annual accounts 201421,6 k €
  14. 2013
    Annual accounts 2013-5,7 k €
  15. 2012
    Annual accounts 20129,9 k €
  16. 2011
    Annual accounts 2011-2,4 k €
  17. 2010
    Annual accounts 2010-2,9 k €
  18. 2009
    Annual accounts 200918,7 k €
  19. 2008
    Annual accounts 2008-15 k €
  20. 20/08/2003
    IncorporationPrivate limited company