ACTIVE

MW Horeca

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Financial year 2025 · closed on 31/12/2025

Net result

13,8 k €

+2752.4% YoY

Gross margin

121,1 k €

+11.7% YoY

Equity

44,9 k €

+44.6% YoY

Workforce

4,7 ETP

+161.1% YoY

What does MW Horeca do?

MW Horeca is a Private company with limited liability incorporated in 2005. Its main activity is: Accommodation. Its registered office is in Leuven. It employs on average 4,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0873.510.932

Incorporation

14/04/2005

Legal form

Private company with limited liability

Registered office

Martelarenplein 7 box 4
3000 Leuven · FlandreSee on map

Contributed capital

37 350,00 €

Latest accounts

31/12/2025

Average workforce

4,7 ETP

Activities (NACE)

55401Accommodation· main 56301Beverage serving activities 56301Beverage serving activities 56220Event catering and other food service activities 56290Other food service activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	121,1 k €	+11.7%	108,4 k €	-14.1%	126,2 k €	+47.8%	85,4 k €	+8.5%	78,7 k €	+106%	38,2 k €	-32.5%	56,7 k €	-20.7%	71,4 k €	-2.0%	72,9 k €	+896%	7,3 k €	-90.8%	79,8 k €	+67.9%	47,5 k €	+82.4%	26,1 k €	+458%	-7,3 k €	-119%	37,3 k €	-59.8%	92,9 k €	+1352%	-7,4 k €	-118%	41,9 k €	+1157%	3,3 k €
EBITDA	18,6 k €	+149%	7,5 k €	+121%	3,4 k €	+117%	-19,4 k €	-174%	26 k €	+3.6%	25,1 k €	-35.9%	39,2 k €	-36.5%	61,8 k €	-10.9%	69,3 k €	+851%	7,3 k €	-90.7%	78 k €	+66.4%	46,8 k €	+101%	23,3 k €	+183%	-28,1 k €	+27.9%	-39 k €	-19650%	199,4 €	+101%	-32,3 k €	-202%	31,7 k €	+289%	-16,8 k €
Operating result	14,6 k €	+1129%	1,2 k €	+126%	-4,5 k €	+83.5%	-27,5 k €	-249%	18,4 k €	+0.6%	18,3 k €	-36.9%	29 k €	-42.9%	50,8 k €	-15.5%	60,1 k €	+5296%	1,1 k €	-98.4%	71,8 k €	+73.3%	41,4 k €	+142%	17,2 k €	+150%	-34,2 k €	+23.6%	-44,8 k €	-263%	-12,3 k €	+61.8%	-32,3 k €	-272%	18,8 k €	+142%	-44,6 k €
Net result	13,8 k €	+2752%	485,5 €	+110%	-5 k €	+81.8%	-27,6 k €	-259%	17,4 k €	+37.7%	12,7 k €	-53.5%	27,2 k €	-24.1%	35,8 k €	-40.6%	60,3 k €	+1360%	-4,8 k €	-107%	71,8 k €	+75.1%	41 k €	+156%	16 k €	+149%	-32,8 k €	+31.9%	-48,2 k €	-460%	-8,6 k €	+88.9%	-77,9 k €	-621%	14,9 k €	+130%	-50 k €
Balance sheet
Equity	44,9 k €	+44.6%	31 k €	+1.6%	30,5 k €	-14.1%	35,6 k €	-43.7%	63,2 k €	-16.8%	76 k €	+20.0%	63,3 k €	+75.2%	36,1 k €	+10226%	350,1 €	+101%	-59,9 k €	-8.7%	-55,1 k €	+56.6%	-126,9 k €	+24.4%	-167,9 k €	+8.7%	-183,9 k €	-21.7%	-151,1 k €	-46.8%	-102,9 k €	-9.1%	-94,3 k €	-475%	-16,4 k €	+47.7%	-31,4 k €
Total assets	108,4 k €	-9.0%	119,1 k €	+18.4%	100,6 k €	-9.8%	111,5 k €	+24.4%	89,6 k €	-59.6%	221,6 k €	-4.7%	232,6 k €	+77.9%	130,7 k €	+103%	64,3 k €	+35.0%	47,7 k €	-10.7%	53,4 k €	-63.9%	147,9 k €	+44.9%	102,1 k €	+114%	47,7 k €	-16.8%	57,3 k €	-74.8%	227,5 k €	+1060%	19,6 k €	-83.5%	119 k €	-12.2%	135,6 k €
Cash	12,4 k €	-62.4%	33 k €	+108%	15,9 k €	-19.1%	19,6 k €	+62.2%	12,1 k €	-34.5%	18,5 k €	-3.4%	19,1 k €	+18.7%	16,1 k €	+67.6%	9,6 k €	+145%	3,9 k €	-46.3%	7,3 k €	+3.8%	7,1 k €	+53.5%	4,6 k €	+102%	2,3 k €	-80.0%	11,4 k €	+55.3%	7,3 k €	+153%	2,9 k €	+17297%	16,6 €	-99.6%	4,2 k €
Debts	63,5 k €	-27.5%	87,5 k €	+24.9%	70,1 k €	-7.7%	75,9 k €	+566%	11,4 k €	-84.5%	73,6 k €	-19.3%	91,2 k €	+0.9%	90,4 k €	+51.2%	59,8 k €	-42.2%	103,4 k €	-0.9%	104,3 k €	-61.4%	270,6 k €	+0.2%	270 k €	+18.8%	227,4 k €	+9.1%	208,4 k €	-36.9%	330,4 k €	+202%	109,3 k €	-19.3%	135,5 k €	-17.3%	163,8 k €
Other
Workforce	4,7 ETP	+161%	1,8 ETP	+100%	0,9 ETP	0.0%	0,9 ETP	+50.0%	0,6 ETP	+50.0%	0,4 ETP		–		–		–		–		–		–		–		0,5 ETP	-68.8%	1,6 ETP	-36.0%	2,5 ETP	+733%	0,3 ETP	-40.0%	0,5 ETP	0.0%	0,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 41 ended

Active mandates

Sandra Jansens-Verheyden

Director · since 01 juillet 2020

Active

Johan Daems

Director

Active

Rudi Alex Vandoren

Director

Active

Vangoidsenhoven Investment Group

Director · 0451.133.043

Represented by Walter Louis Vangoidsenhoven

Active

Ended mandates

Jim Staudt

Manager · since 01 avril 2017

Ended

Suzy Dillaerts

Manager · since 01 avril 2017

Ended

Peggy Janssens

Manager · since 01 octobre 2013

Ended

Rudi Vandoren

Manager · since 01 octobre 2013

Ended

At this address

Other companies at this address

Company	CBE no.
Bistro Piazza● Active	0644.907.765
Groep Vangoidsenhoven● Active	0735.689.174
IMMO PASCALE● Active	0477.877.626
IMMO VANGOIDSENHOVEN● Active	0464.563.583
J.P.E.S.● Active	0451.404.544
PATRIBUT● Active	0455.906.037
PROPLUS INVEST● Active	0894.989.801
RAVAGE● Active	0450.675.361
SEMPELS PROPLUS● Active	0894.987.524
Vangoidsenhoven Immo 4● Active	0653.892.440
Vangoidsenhoven Investment Group● Active	0451.133.043

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	25/06/2026	02/07/2025	01/07/2024	27/06/2023	28/06/2022	02/08/2021
General meeting	19/06/2026	20/06/2025	21/06/2024	16/06/2023	17/06/2022	18/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/06/2026	25/06/2026	Dutch	PDF
Abridged model	31/12/2024	20/06/2025	02/07/2025	Dutch	PDF
Abridged model	31/12/2023	21/06/2024	01/07/2024	Dutch	PDF
Abridged model	31/12/2022	16/06/2023	27/06/2023	Dutch	PDF
Abridged model	31/12/2021	17/06/2022	28/06/2022	Dutch	PDF
Abridged model	31/12/2020	18/06/2021	02/08/2021	Dutch	PDF
Abridged model	31/12/2019	19/06/2020	28/07/2020	Dutch	PDF
Micro model	31/12/2018	21/06/2019	02/07/2019	Dutch	PDF
Micro model	31/12/2017	15/06/2018	28/06/2018	Dutch	PDF
Abridged model	31/12/2016	16/06/2017	23/06/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	29/06/2016	Dutch	PDF
Abridged model	31/12/2014	20/06/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	08/07/2014	Dutch	PDF
Abridged model	31/12/2012	14/06/2013	30/07/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	19/07/2012	Dutch	PDF
Abridged model	31/12/2010	18/06/2011	22/06/2011	Dutch	PDF
Abridged model	31/12/2009	19/06/2010	14/07/2010	Dutch	PDF
Abridged model	30/06/2008	23/12/2008	24/12/2008	Dutch	PDF
Abridged model	31/07/2007	26/05/2008	19/06/2008	Dutch	PDF
Abridged model	30/06/2006	08/11/2007	06/12/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 4 active · 41 ended

Active mandates

Sandra Jansens-Verheyden

Director · since 01 juillet 2020

Active

Johan Daems

Director

Active

Rudi Alex Vandoren

Director

Active

Vangoidsenhoven Investment Group

Director · 0451.133.043

Represented by Walter Louis Vangoidsenhoven

Active

Ended mandates

Jim Staudt

Manager · since 01 avril 2017

Ended

Suzy Dillaerts

Manager · since 01 avril 2017

Ended

Peggy Janssens

Manager · since 01 octobre 2013

Ended

Rudi Vandoren

Manager · since 01 octobre 2013

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/01/2025
Ontslagen
PDF
Mandates27/01/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring30/12/2020
ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates05/08/2020
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring27/07/2020
WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates28/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/12/2019
ONTSLAGEN - BENOEMINGEN
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 202513,8 k €↑
2024
Annual accounts 2024485,5 €↑
2023
Annual accounts 2023-5 k €↑
2022
Annual accounts 2022-27,6 k €↓
2021
Annual accounts 202117,4 k €↑
2019
Annual accounts 201912,7 k €↓
2018
Annual accounts 201827,2 k €↓
2017
Annual accounts 201735,8 k €↓
2016
Annual accounts 201660,3 k €↑
2015
Annual accounts 2015-4,8 k €↓
2014
Annual accounts 201471,8 k €↑
2013
Annual accounts 201341 k €↑
2012
Annual accounts 201216 k €↑
2011
Annual accounts 2011-32,8 k €↑
2010
Annual accounts 2010-48,2 k €↓
2009
Annual accounts 2009-8,6 k €↑
2008
Annual accounts 2008-77,9 k €↓
2008
Name changeMW Horeca
2007
Annual accounts 200714,9 k €↑
2006
Annual accounts 2006-50 k €
2006
Name changecaféParadoX
14/04/2005
IncorporationPrivate company with limited liability

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

MW Horeca

Overview

What does MW Horeca do?

Trend over 19 financial years

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