ACTIVE

VIWE

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Financial year 2025 · closed on 31/12/2025

Net result

5,7 k €

-70.1% YoY

Gross margin

73,1 k €

+9.1% YoY

Equity

26,3 k €

+28.0% YoY

Workforce

0,8 ETP

0.0% YoY

What does VIWE do?

VIWE is a Private company with limited liability incorporated in 2007. Its main activity is: Development of building projects. Its registered office is in Wuustwezel. It employs on average 0,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0892.987.146

Incorporation

23/10/2007

Legal form

Private company with limited liability

Registered office

Stoffezandstraat 22
2990 Wuustwezel · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

0,8 ETP

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 70111Activities of head offices 71121Engineering activities and related technical consultancy 71121Engineering activities and related technical consultancy 41102Development of building projects+12

Signals

ProfitableLow riskPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	73,1 k €	+9.1%	67 k €	-1.2%	67,8 k €	-4.8%	71,2 k €	+12.4%	63,3 k €	+2.9%	61,6 k €	-4.5%	64,4 k €	-5.4%	68,1 k €	+1.5%	67 k €	-48.8%	130,9 k €	+66.2%	78,7 k €	+12.5%	70 k €	-9.0%	76,9 k €	+35.2%	56,9 k €	-0.6%	57,2 k €	+55.3%	36,8 k €	+66.3%	22,2 k €	-44.9%	40,2 k €
EBITDA	47,7 k €	+5.9%	45 k €	+93.6%	23,2 k €	-66.5%	69,3 k €	+12.0%	61,9 k €	+7.2%	57,8 k €	+14.1%	50,6 k €	-24.3%	66,9 k €	+1.6%	65,8 k €	-49.0%	129 k €	+75.6%	73,5 k €	+6.3%	69,1 k €	-5.8%	73,4 k €	+39.1%	52,8 k €	+6.7%	49,5 k €	+45.2%	34,1 k €	+97.2%	17,3 k €	-53.3%	37 k €
Operating result	11,8 k €	-53.5%	25,3 k €	+438%	4,7 k €	-88.3%	40,2 k €	+34.2%	30 k €	+6.8%	28,1 k €	+1.9%	27,5 k €	-16.7%	33 k €	-3.2%	34,1 k €	-65.4%	98,6 k €	+118%	45,2 k €	-1.0%	45,7 k €	-2.0%	46,6 k €	+80.9%	25,8 k €	+32.4%	19,5 k €	+83.7%	10,6 k €	+809%	-1,5 k €	-109%	17,5 k €
Net result	5,7 k €	-70.1%	19,2 k €	+330%	-8,4 k €	-140%	20,9 k €	+71.4%	12,2 k €	+13.3%	10,8 k €	+31.7%	8,2 k €	-55.0%	18,2 k €	-11.4%	20,5 k €	-60.1%	51,4 k €	+159%	19,9 k €	-22.2%	25,5 k €	-2.4%	26,2 k €	+479%	4,5 k €	+11.2%	4,1 k €	+2225%	174,6 €	+103%	-6 k €	-71.9%	-3,5 k €
Balance sheet
Equity	26,3 k €	+28.0%	20,6 k €	-78.4%	95,3 k €	-8.1%	103,7 k €	+25.3%	82,7 k €	+17.3%	70,5 k €	+18.1%	59,7 k €	+5.6%	56,5 k €	+16.9%	48,4 k €	+1.1%	47,8 k €	+3.1%	46,4 k €	+5.4%	44,1 k €	0.0%	44,1 k €	+146%	17,9 k €	+33.7%	13,4 k €	+43.5%	9,3 k €	+1.9%	9,2 k €	-39.5%	15,1 k €
Total assets	102,7 k €	-45.6%	188,9 k €	+3.2%	183,1 k €	-48.9%	358,5 k €	-17.2%	432,8 k €	-10.6%	484 k €	+1.7%	476 k €	+30.5%	364,7 k €	+59.6%	228,5 k €	-16.9%	275 k €	+19.4%	230,3 k €	-7.9%	249,9 k €	-0.4%	251 k €	-7.3%	270,9 k €	-10.9%	304 k €	+16.7%	260,6 k €	-4.4%	272,6 k €	+6.2%	256,6 k €
Cash	12,2 k €	-83.7%	74,9 k €	+69.1%	44,3 k €	-7.3%	47,8 k €	-58.0%	113,8 k €	-5.0%	119,9 k €	+15.9%	103,5 k €	+521%	16,7 k €	+31.4%	12,7 k €	-54.9%	28,1 k €	+1105%	2,3 k €	-81.9%	12,9 k €	+73.0%	7,4 k €	+511%	1,2 k €	-93.3%	18,1 k €	+64.8%	11 k €	+891%	1,1 k €	-86.2%	8,1 k €
Debts	75 k €	-54.5%	164,9 k €	+116%	76,3 k €	-68.8%	244,4 k €	-27.5%	337,3 k €	-15.6%	399,8 k €	-1.5%	405,9 k €	+36.1%	298,3 k €	+68.0%	177,6 k €	-20.3%	222,9 k €	+22.0%	182,8 k €	-10.5%	204,2 k €	-0.1%	204,4 k €	-18.4%	250,5 k €	-13.8%	290,6 k €	+15.7%	251,3 k €	-4.6%	263,5 k €	+9.1%	241,5 k €
Other
Workforce	0,8 ETP	0.0%	0,8 ETP	+167%	0,3 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

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 · 1 active · 3 ended

Active mandates

Stijn Vermeiren

Director · since 18 octobre 2007

Active

Ended mandates

STIJN VERMEIREN

Manager · since 17 octobre 2007

Ended

Stijn Vermeiren

Director

Ended

Stijn Vermeiren

Manager

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	18/05/2026	08/07/2025	18/07/2024	14/07/2023	20/06/2022	14/06/2021
General meeting	05/05/2026	06/05/2025	07/05/2024	02/05/2023	03/05/2022	04/05/2021
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

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	05/05/2026	18/05/2026	Dutch	PDF
Abridged model	31/12/2024	06/05/2025	08/07/2025	Dutch	PDF
Abridged model	31/12/2023	07/05/2024	18/07/2024	Dutch	PDF
Abridged model	31/12/2022	02/05/2023	14/07/2023	Dutch	PDF
Abridged model	31/12/2021	03/05/2022	20/06/2022	Dutch	PDF
Abridged model	31/12/2020	04/05/2021	14/06/2021	Dutch	PDF
Abridged model	31/12/2019	05/05/2020	07/05/2020	Dutch	PDF
Abridged model	31/12/2018	07/05/2019	23/07/2019	Dutch	PDF
Abridged model	31/12/2017	02/05/2018	09/08/2018	Dutch	PDF
Abridged model	31/12/2016	02/05/2017	28/06/2017	Dutch	PDF
Abridged model	31/12/2015	03/05/2016	10/05/2016	Dutch	PDF
Abridged model	31/12/2014	05/05/2015	23/06/2015	Dutch	PDF
Abridged model	31/12/2013	06/05/2014	07/05/2014	Dutch	PDF
Abridged model	31/12/2012	07/05/2013	04/06/2013	Dutch	PDF
Abridged model	31/12/2011	05/06/2012	28/06/2012	Dutch	PDF
Abridged model	31/12/2010	03/05/2011	04/05/2011	Dutch	PDF
Abridged model	31/12/2009	08/06/2010	21/06/2010	Dutch	PDF
Abridged model	31/12/2008	09/06/2009	24/06/2009	Dutch	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 · 1 active · 3 ended

Active mandates

Stijn Vermeiren

Director · since 18 octobre 2007

Active

Ended mandates

STIJN VERMEIREN

Manager · since 17 octobre 2007

Ended

Stijn Vermeiren

Director

Ended

Stijn Vermeiren

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office14/09/2020
MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
PDF
Registered office13/03/2018
MAATSCHAPPELIJKE ZETEL
PDF
Registered office30/03/2012
MAATSCHAPPELIJKE ZETEL
PDF
Registered office02/07/2008
MAATSCHAPPELIJKE ZETEL
PDF
Other31/10/2007
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 20255,7 k €↓
2024
Annual accounts 202419,2 k €↑
2023
Annual accounts 2023-8,4 k €↓
2022
Annual accounts 202220,9 k €↑
2021
Annual accounts 202112,2 k €↑
2020
Annual accounts 202010,8 k €↑
2019
Annual accounts 20198,2 k €↓
2018
Annual accounts 201818,2 k €↓
2017
Annual accounts 201720,5 k €↓
2016
Annual accounts 201651,4 k €↑
2015
Annual accounts 201519,9 k €↓
2014
Annual accounts 201425,5 k €↓
2013
Annual accounts 201326,2 k €↑
2012
Annual accounts 20124,5 k €↑
2011
Annual accounts 20114,1 k €↑
2010
Annual accounts 2010174,6 €↑
2009
Annual accounts 2009-6 k €↓
2008
Annual accounts 2008-3,5 k €
23/10/2007
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

VIWE

Overview

What does VIWE do?

Trend over 18 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