ACTIVE

IWEL

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

36 k €

-5.2% YoY

Gross margin

80,1 k €

+13.3% YoY

Equity

45,8 k €

+368.1% YoY

What does IWEL do?

IWEL is a Private limited company incorporated in 2004. Its main activity is: Legal activities. Its registered office is in Assesse.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0866.868.115

Incorporation

20/08/2004

Legal form

Private limited company

Registered office

Rue Basse 27
5332 Assesse · WallonieSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

69109Legal activities· main 69109Legal activities 74111Specialised design activities

Signals

ProfitablePositive cashflowPositive EBITDA

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	80,1 k €	+13.3%	70,7 k €	+12.5%	62,8 k €	+6.2%	59,2 k €	+1.2%	58,5 k €	+72.2%	34 k €	-42.2%	58,8 k €	-6.8%	63,1 k €	+43.4%	44 k €	-26.9%	60,2 k €	-9.0%	66,2 k €	+504%	-16,4 k €	-243%	11,4 k €	-88.5%	99,7 k €	+39.4%	71,5 k €	-15.5%	84,6 k €	+2.6%	82,5 k €	-13.4%	95,3 k €	+4.5%	91,1 k €	+106%	44,3 k €
EBITDA	75,5 k €	+9.4%	69 k €	+12.1%	61,6 k €	+6.2%	58 k €	+1.5%	57,1 k €	+74.4%	32,7 k €	-43.2%	57,6 k €	-6.9%	61,9 k €	+48.7%	41,6 k €	-20.5%	52,3 k €	-39.0%	85,7 k €	+573%	-18,1 k €	-295%	9,3 k €	-90.5%	97,6 k €	+39.9%	69,8 k €	-15.3%	82,3 k €	+2.4%	80,4 k €	-14.3%	93,8 k €	+43.8%	65,2 k €	+52.4%	42,8 k €
Operating result	42,2 k €	+0.0%	42,2 k €	+22.7%	34,4 k €	+48.4%	23,2 k €	+98.9%	11,7 k €	+205%	-11,1 k €	-178%	14,2 k €	-25.1%	19 k €	+449%	-5,4 k €	-235%	4 k €	-85.8%	28,3 k €	+138%	-73,6 k €	-54.6%	-47,6 k €	-217%	40,8 k €	+55.4%	26,3 k €	-33.4%	39,5 k €	+41.3%	27,9 k €	-26.3%	37,9 k €	+58.1%	24 k €	+51.9%	15,8 k €
Net result	36 k €	-5.2%	38 k €	+31.7%	28,8 k €	+74.9%	16,5 k €	+327%	3,9 k €	+118%	-21 k €	-787%	3,1 k €	-54.0%	6,6 k €	+135%	-18,9 k €	-71.1%	-11,1 k €	-201%	10,9 k €	+112%	-94,2 k €	-395%	-19,1 k €	-255%	12,3 k €	+613%	1,7 k €	-86.7%	13 k €	+7205%	-183 €	-103%	5,7 k €	+46.0%	3,9 k €	+578%	572 €
Balance sheet
Equity	45,8 k €	+368%	9,8 k €	+135%	-28,2 k €	+50.6%	-57 k €	+22.4%	-73,5 k €	+5.0%	-77,4 k €	-37.3%	-56,3 k €	+5.2%	-59,4 k €	+10.1%	-66 k €	-40.2%	-47,1 k €	-30.7%	-36 k €	+23.2%	-47 k €	-199%	47,3 k €	-28.7%	66,3 k €	+22.8%	54 k €	+3.3%	52,3 k €	+33.1%	39,3 k €	-0.5%	39,5 k €	+16.8%	33,8 k €	+29.8%	26,1 k €
Total assets	243,8 k €	+9.4%	222,9 k €	-10.6%	249,4 k €	-2.9%	256,9 k €	+1.0%	254,4 k €	-11.4%	287,1 k €	-2.0%	292,9 k €	-14.2%	341,3 k €	-7.1%	367,2 k €	-6.9%	394,3 k €	-7.2%	424,8 k €	-5.7%	450,5 k €	-9.3%	496,5 k €	-15.1%	584,6 k €	+8.3%	539,9 k €	-3.0%	556,7 k €	-6.6%	595,8 k €	-8.4%	650,3 k €	+8.8%	597,5 k €	+54.5%	386,7 k €
Cash	9,2 k €	+30.2%	7,1 k €		–		0 €	-100%	881 €	+646%	118,1 €	-36.1%	184,8 €	-87.4%	1,5 k €	+574%	217 €	-92.8%	3 k €	-13.5%	3,5 k €	+343%	789,7 €	-77.9%	3,6 k €	-9.2%	3,9 k €	-86.1%	28,3 k €	+80.7%	15,7 k €	-60.9%	40,1 k €	-4.9%	42,2 k €	+21087%	199 €	-96.6%	5,9 k €
Debts	198 k €	-7.1%	213,1 k €	-23.2%	277,6 k €	-11.6%	313,9 k €	-4.3%	327,9 k €	-10.0%	364,5 k €	+4.4%	349,3 k €	-12.8%	400,7 k €	-7.5%	433,3 k €	-1.9%	441,5 k €	-4.2%	460,9 k €	-2.5%	472,5 k €	+11.4%	424,2 k €	-14.0%	493,3 k €	+7.0%	460,9 k €	-3.9%	479,4 k €	-9.8%	531,5 k €	-9.3%	585,8 k €	+8.7%	538,7 k €	+49.4%	360,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Daniel DEGHELT

Director · since 01 avril 2015

Active

Isabelle DEVALKENEER

Director · since 20 août 2004

Active

Ended mandates

Daniel Deghelt

Manager · since 01 avril 2015 · until 31 décembre 2015

Ended

Daniel DEGHELT

Manager · since 01 avril 2015

Ended

Isabelle DEVALKENEER

Director

Ended

ISABELLE DEVALKENEER

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	23/07/2026	15/07/2025	03/07/2024	06/07/2023	31/08/2022	06/09/2021
General meeting	30/06/2026	14/06/2025	01/06/2024	27/06/2023	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

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
Micro model	31/12/2025	30/06/2026	23/07/2026	French	PDF
Micro model	31/12/2024	14/06/2025	15/07/2025	French	PDF
Micro model	31/12/2023	01/06/2024	03/07/2024	French	PDF
Micro model	31/12/2022	27/06/2023	06/07/2023	French	PDF
Micro model	31/12/2021	30/06/2022	31/08/2022	French	PDF
Micro model	31/12/2020	30/06/2021	06/09/2021	French	PDF
Micro model	31/12/2019	30/09/2020	29/10/2020	French	PDF
Micro model	31/12/2018	30/06/2019	17/07/2019	French	PDF
Micro model	31/12/2017	29/06/2018	12/07/2018	French	PDF
Micro model	31/12/2016	30/06/2017	20/07/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	05/07/2016	French	PDF
Abridged model	31/12/2014	26/06/2015	15/07/2015	French	PDF
Abridged model	31/12/2013	27/06/2014	22/07/2014	French	PDF
Abridged model	31/12/2012	28/06/2013	17/07/2013	French	PDF
Abridged model	31/12/2011	29/06/2012	20/07/2012	French	PDF
Abridged model	31/12/2010	24/06/2011	07/07/2011	French	PDF
Abridged model	31/12/2009	25/06/2010	22/07/2010	French	PDF
Abridged model	31/12/2008	26/06/2009	03/07/2009	French	PDF
Abridged model	31/12/2007	27/06/2008	08/08/2008	French	PDF
Abridged model	31/12/2006	29/06/2007	27/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 2 active · 4 ended

Active mandates

Daniel DEGHELT

Director · since 01 avril 2015

Active

Isabelle DEVALKENEER

Director · since 20 août 2004

Active

Ended mandates

Daniel Deghelt

Manager · since 01 avril 2015 · until 31 décembre 2015

Ended

Daniel DEGHELT

Manager · since 01 avril 2015

Ended

Isabelle DEVALKENEER

Director

Ended

ISABELLE DEVALKENEER

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
PDF
Registered office07/04/2006
SIEGE SOCIAL
PDF
Other30/08/2004
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 202536 k €↓
2024
Annual accounts 202438 k €↑
2023
Annual accounts 202328,8 k €↑
2022
Annual accounts 202216,5 k €↑
2021
Annual accounts 20213,9 k €↑
2020
Annual accounts 2020-21 k €↓
2019
Annual accounts 20193,1 k €↓
2018
Annual accounts 20186,6 k €↑
2017
Annual accounts 2017-18,9 k €↓
2016
Annual accounts 2016-11,1 k €↓
2015
Annual accounts 201510,9 k €↑
2014
Annual accounts 2014-94,2 k €↓
2013
Annual accounts 2013-19,1 k €↓
2012
Annual accounts 201212,3 k €↑
2011
Annual accounts 20111,7 k €↓
2010
Annual accounts 201013 k €↑
2009
Annual accounts 2009-183 €↓
2008
Annual accounts 20085,7 k €↑
2007
Annual accounts 20073,9 k €↑
2006
Annual accounts 2006572 €
20/08/2004
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

IWEL

Overview

What does IWEL 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