ACTIVE

DE WAELE

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

127,5 k €

+378.0% YoY

Gross margin

446,8 k €

+40.5% YoY

Equity

822,3 k €

+18.4% YoY

Workforce

3,0 ETP

-11.8% YoY

What does DE WAELE do?

DE WAELE is a Private limited company incorporated in 2003. Its registered office is in Kruisem. It employs on average 3,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0860.440.082

Incorporation

16/06/2003

Legal form

Private limited company

Registered office

Speelstraat 75
9750 Kruisem · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

3,0 ETP

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	446,8 k €	+40.5%	318 k €	-6.7%	340,7 k €	-1.1%	344,6 k €	-26.5%	468,8 k €	+68.7%	277,9 k €	-36.3%	436 k €	+1.4%	429,9 k €	+36.3%	315,5 k €	-30.4%	453,5 k €	+12.8%	402 k €	+12.4%	357,8 k €	+31.5%	272,1 k €	-9.2%	299,8 k €	-6.6%	321 k €	+64.6%	195 k €	-13.2%	224,6 k €	-21.1%	284,8 k €	+10.4%	257,9 k €	-8.3%	281,2 k €
EBITDA	248,7 k €	+158%	96,4 k €	-16.0%	114,8 k €	-1.1%	116,1 k €	-52.7%	245,2 k €	+318%	58,7 k €	-59.3%	144,1 k €	+45.4%	99,2 k €	+65.1%	60 k €	-71.3%	209,2 k €	+71.2%	122,2 k €	+8.8%	112,3 k €	+40.0%	80,2 k €	-28.5%	112,2 k €	-22.6%	145 k €	+136%	61,4 k €	-32.5%	90,9 k €	-39.8%	151 k €	+27.7%	118,3 k €	-6.4%	126,3 k €
Operating result	185,9 k €	+362%	40,3 k €	-42.7%	70,2 k €	-10.0%	78,1 k €	-64.3%	218,8 k €	+402%	43,6 k €	-66.0%	128,3 k €	+87.0%	68,6 k €	+91.3%	35,9 k €	-79.1%	171,7 k €	+157%	66,9 k €	+54.1%	43,4 k €	+1000%	3,9 k €	-75.8%	16,3 k €	-58.7%	39,6 k €	+89.4%	20,9 k €	-67.4%	64,1 k €	-33.6%	96,5 k €	+105%	47,1 k €	-6.8%	50,6 k €
Net result	127,5 k €	+378%	26,7 k €	-45.2%	48,6 k €	-26.2%	65,9 k €	-56.0%	149,7 k €	+543%	23,3 k €	-71.6%	81,9 k €	+97.0%	41,6 k €	+185%	14,6 k €	-85.2%	98,5 k €	+168%	36,7 k €	+94.1%	18,9 k €	+505%	3,1 k €	+150%	1,3 k €	-92.0%	15,7 k €	+554%	2,4 k €	-93.2%	35,3 k €	-42.6%	61,5 k €	+136%	26,1 k €	-19.8%	32,5 k €
Balance sheet
Equity	822,3 k €	+18.4%	694,8 k €	+4.0%	668,1 k €	+7.9%	619,4 k €	-5.0%	652 k €	+21.0%	539 k €	+4.5%	515,7 k €	+18.9%	433,7 k €	+10.6%	392,1 k €	+3.9%	377,5 k €	+35.3%	279,1 k €	+15.1%	242,4 k €	+8.5%	223,5 k €	+1.4%	220,4 k €	+0.6%	219,1 k €	+7.7%	203,4 k €	+1.2%	201,1 k €	+21.3%	165,7 k €	+39.0%	119,3 k €	+28.0%	93,2 k €
Total assets	1,3 M €	+30.1%	961,6 k €	+3.8%	926,7 k €	+5.0%	882,8 k €	-17.6%	1,1 M €	+21.1%	884,7 k €	+4.8%	844,1 k €	-2.5%	865,9 k €	+20.9%	716,1 k €	-10.9%	803,5 k €	+22.8%	654,4 k €	+14.4%	572 k €	-1.3%	579,3 k €	-13.6%	670,5 k €	-5.7%	711,2 k €	+31.8%	539,4 k €	+8.8%	495,9 k €	+0.5%	493,2 k €	+16.7%	422,8 k €	+2.2%	413,7 k €
Cash	611,9 k €	+434%	114,7 k €	+608%	16,2 k €	-92.8%	224,3 k €	+0.2%	223,9 k €	+8.5%	206,3 k €	-42.4%	358 k €	+53.9%	232,6 k €	-20.4%	292 k €	+44.7%	201,8 k €	-33.1%	301,8 k €	+150%	120,9 k €	+249%	34,7 k €	-60.2%	87,1 k €	-65.4%	251,8 k €	-25.7%	339 k €	-13.1%	390,3 k €	+250%	111,5 k €	-37.3%	177,8 k €	+7444%	2,4 k €
Debts	424,3 k €	+62.3%	261,4 k €	+3.0%	253,9 k €	-3.4%	262,8 k €	-37.3%	419,1 k €	+21.5%	345,1 k €	+5.3%	327,8 k €	-24.0%	431,6 k €	+33.2%	324 k €	-23.8%	425,3 k €	+13.3%	375,4 k €	+13.9%	329,6 k €	-7.4%	355,8 k €	-21.0%	450,1 k €	-8.5%	492 k €	+46.5%	336 k €	+14.0%	294,8 k €	-10.0%	327,5 k €	+7.9%	303,5 k €	-5.3%	320,5 k €
Other
Workforce	3,0 ETP	-11.8%	3,4 ETP	-17.1%	4,1 ETP	-29.3%	5,8 ETP	-4.9%	6,1 ETP		–		–		–		–		–		7,1 ETP	+18.3%	6,0 ETP	+7.1%	5,6 ETP	+3.7%	5,4 ETP	+12.5%	4,8 ETP	+41.2%	3,4 ETP	+13.3%	3,0 ETP	-14.3%	3,5 ETP	-23.9%	4,6 ETP	-6.1%	4,9 ETP

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 31/12/2025 · 1 active · 5 ended

Active mandates

Klaas De Waele

Director

Active

Ended mandates

Johan De Waele

Director

Ended

JOHAN DE WAELE

Director · until 03 juin 2014

Ended

JOHAN DE WAELE

Manager

Ended

JOHAN DE WAELE

Associate · until 03 juin 2014

Ended

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	27/08/2026	31/08/2025	28/08/2024	12/07/2023	17/06/2022	25/06/2021
General meeting	15/06/2026	16/06/2025	17/06/2024	19/05/2023	20/05/2022	21/05/2021
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

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/06/2026	27/08/2026	Dutch	PDF
Abridged model	31/12/2024	16/06/2025	31/08/2025	Dutch	PDF
Abridged model	31/12/2023	17/06/2024	28/08/2024	Dutch	PDF
Abridged model	31/12/2022	19/05/2023	12/07/2023	Dutch	PDF
Abridged model	31/12/2021	20/05/2022	17/06/2022	Dutch	PDF
Abridged model	31/12/2020	21/05/2021	25/06/2021	Dutch	PDF
Abridged model	31/12/2019	15/05/2020	11/06/2020	Dutch	PDF
Abridged model	31/12/2018	17/05/2019	01/07/2019	Dutch	PDF
Abridged model	31/12/2017	18/05/2018	31/05/2018	Dutch	PDF
Micro model	31/12/2016	19/05/2017	08/06/2017	Dutch	PDF
Abridged model	31/12/2015	20/05/2016	24/06/2016	Dutch	PDF
Abridged model	31/12/2014	15/05/2015	29/06/2015	Dutch	PDF
Abridged model	31/12/2013	16/05/2014	17/07/2014	Dutch	PDF
Abridged model	31/12/2012	17/05/2013	21/08/2013	Dutch	PDF
Abridged model	31/12/2011	18/05/2012	30/05/2012	Dutch	PDF
Abridged model	31/12/2010	20/05/2011	14/07/2011	Dutch	PDF
Abridged model	31/12/2009	21/05/2010	07/06/2010	Dutch	PDF
Abridged model	31/12/2008	15/05/2009	22/05/2009	Dutch	PDF
Abridged model	31/12/2007	16/05/2008	22/05/2008	Dutch	PDF
Abridged model	31/12/2006	18/05/2007	25/06/2007	Dutch	PDF

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 31/12/2025 · 1 active · 5 ended

Active mandates

Klaas De Waele

Director

Active

Ended mandates

Johan De Waele

Director

Ended

JOHAN DE WAELE

Director · until 03 juin 2014

Ended

JOHAN DE WAELE

Manager

Ended

JOHAN DE WAELE

Associate · until 03 juin 2014

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates23/07/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/06/2014
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares01/09/2004
DIVERSEN - KAPITAAL - AANDELEN
PDF
Other24/06/2003
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

2025
Annual accounts 2025127,5 k €↑
2024
Annual accounts 202426,7 k €↓
2023
Annual accounts 202348,6 k €↓
2022
Annual accounts 202265,9 k €↓
2021
Annual accounts 2021149,7 k €↑
2020
Annual accounts 202023,3 k €↓
2019
Annual accounts 201981,9 k €↑
2018
Annual accounts 201841,6 k €↑
2017
Annual accounts 201714,6 k €↓
2016
Annual accounts 201698,5 k €↑
2015
Annual accounts 201536,7 k €↑
2014
Annual accounts 201418,9 k €↑
2013
Annual accounts 20133,1 k €↑
2012
Annual accounts 20121,3 k €↓
2011
Annual accounts 201115,7 k €↑
2010
Annual accounts 20102,4 k €↓
2009
Annual accounts 200935,3 k €↓
2008
Annual accounts 200861,5 k €↑
2007
Annual accounts 200726,1 k €↓
2006
Annual accounts 200632,5 k €
16/06/2003
IncorporationPrivate 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

DE WAELE

Overview

What does DE WAELE do?

Trend over 20 financial years

Indicative valuation

Board of directors

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