WOUT (0477.225.152): annual accounts, directors and company register

WOUT

Dendermonde ·KBO/BCE: BE 0477.225.152

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Group	Expected	Actual
1	0.2%	0.2%
2	0.3%	0.5%
3	0.5%	0.6%
4	0.7%	0.8%
5	0.9%	0.9%
6	1.3%	1.5%
7	1.6%	1.8%
8	1.8%	1.8%
9	3.0%	3.1%
10	5.6%	6.2%

Company	Total assets	Gross margin	Solvency	Staff
WOUT Dendermonde	€60,707	€54,758	53.4%	-
REXPECT Ravels	€59,870	€50,666	78.6%	-
BE.COM Kapellen	€70,603	€59,569	53.3%	-
I.Q. TRADE & CONSULT Begijnendijk	€74,650	€54,159	32.1%	-
HORIZONS Lasne	€52,602	€49,588	30.2%	-
SUMNER INTERNATIONAL Watermael-Boitsfort	€59,467	€51,940	38.5%	-
JANAOR Evergem	€67,523	€57,521	16.4%	-

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
Total assets`20/58`	60,707	154,261	121,277	129,029	76,720	72,553	87,343	89,237	50,258	123,239	706,141	691,437	622,029	355,593	300,755	279,947	295,119	337,816	354,357
Fixed assets`21/28`	17,096	21,122	1,622	3,679	660	1,295	1,746	4,434	4,667	-	674,272	653,522	510,222	300,976	269,217	268,853	276,755	281,620	289,727
Tangible fixed assets`22/27`	17,096	21,122	1,622	1,179	660	1,295	1,746	4,434	4,667	5,439	674,272	653,522	510,222	300,976	269,217	268,853	276,755	281,620	289,727
Land and buildings`22`	-	-	-	-	-	-	-	-	-	-	663,254	643,077	266,000	266,000	266,000	266,000	266,000	266,000	266,000
Plant, machinery and equipment`23`	10,101	12,374	533	678	-	-	273	1,035	1,798	2,560	1,958	-	-	-	-	-	-	-	-
Furniture and vehicles`24`	6,994	8,748	1,089	501	660	1,295	1,473	3,398	2,869	2,879	9,060	10,445	15,667	21,118	456	-	7,810	15,620	23,727
Other tangible fixed assets`26`	-	-	-	-	-	-	-	-	-	-	-	-	228,555	13,859	2,761	2,853	2,945	-	-
Financial fixed assets`28`	-	-	-	2,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current assets`29/58`	43,611	133,138	119,655	125,349	76,060	71,258	85,597	84,804	45,591	117,800	31,869	37,915	111,807	54,616	31,538	11,094	18,364	56,196	64,630
Amounts receivable within one year`40/41`	28,840	114,164	105,231	97,468	72,459	65,774	72,830	68,998	21,281	88,667	20,571	33,866	32,576	7,267	8,271	3,447	164	42,815	11,997
Trade receivables`40`	2,474	32,741	22,248	20,330	26,499	10,164	13,809	14,035	692	1,167	20,571	33,717	32,576	-	1,513	-	164	35,835	-
Other amounts receivable`41`	26,367	81,423	82,983	77,138	45,960	55,610	59,022	54,963	20,589	87,500	-	149	-	7,267	6,759	3,447	-	6,980	11,997
Cash at bank and in hand`54/58`	13,298	17,100	12,732	25,907	2,881	5,083	12,635	15,682	24,189	29,133	11,298	3,679	78,857	46,984	22,914	7,344	17,875	13,381	52,286
Deferred charges and accrued income`490/1`	1,473	1,874	1,692	1,975	720	401	132	124	121	-	-	370	374	366	353	303	325	-	348
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	60,707	154,261	121,277	129,029	76,720	72,553	87,343	89,237	50,258	123,239	706,141	691,437	622,029	355,593	300,755	279,947	295,119	337,816	354,357
Equity`10/15`	32,416	7,184	34,541	40,305	47,276	50,247	59,092	31,734	27,870	-7,429	186,262	146,778	169,718	154,452	115,685	97,934	94,192	100,964	64,868
Contributions`10/11`	-	-	-	-	-	19,000	19,000	19,000	19,000	-	19,000	19,000	19,000	19,000	19,000	19,000	19,000	19,000	19,000
Capital`10`	-	-	-	-	-	-	-	-	-	19,000	-	-	-	-	-	-	-	-	-
Issued capital`100`	-	-	-	-	-	19,000	19,000	19,000	19,000	19,000	19,000	19,000	19,000	19,000	19,000	19,000	19,000	19,000	19,000
Reserves`13`	32,416	7,184	34,541	40,305	47,276	40,092	40,092	12,734	8,870	1,900	1,900	1,900	1,900	1,900	1,900	1,900	1,900	1,900	1,900
Non-distributable reserves`130/1`	-	-	-	1,900	1,900	1,900	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	1,900	1,900	1,900	1,900	1,900	1,900	1,900	1,900	1,900	1,900	1,900	1,900	1,900	1,900
Reserves not available under the articles`1311`	-	-	-	1,900	1,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	32,416	7,184	34,541	38,405	45,376	38,192	38,192	10,834	6,970	-	-	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	-	-	-	-	-	-8,845	-	-	-	-28,329	165,362	125,878	148,818	133,552	94,785	77,034	73,292	80,064	43,968
Amounts payable`17/49`	28,290	147,077	86,736	88,723	29,444	22,307	28,251	57,503	22,387	130,668	519,879	544,659	452,311	201,141	185,070	182,013	200,927	236,852	289,489
Amounts payable after more than one year`17`	-	-	-	-	-	-	-	-	-	-	462,479	495,277	332,154	139,000	121,000	133,000	145,000	160,339	11,143
Financial debts`170/4`	-	-	-	-	-	-	-	-	-	-	305,479	333,819	332,154	109,000	121,000	133,000	145,000	160,339	11,143
Other amounts payable`178/9`	-	-	-	-	-	-	-	-	-	-	157,000	161,458	-	30,000	-	-	-	-	-
Amounts payable within one year`42/48`	27,150	146,837	86,496	88,723	29,444	22,307	28,251	57,503	22,387	130,668	51,120	44,594	118,954	59,960	61,591	47,655	53,938	73,030	278,346
Current portion of amounts payable after more than one year`42`	-	-	-	-	-	-	-	-	-	-	28,340	27,730	24,765	12,000	12,000	12,000	15,340	19,804	7,517
Financial debts`43`	-	-	663	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Credit institutions`430/8`	-	-	663	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Trade debts`44`	19,967	24,269	17,979	25,485	16,251	15,950	1,112	10,885	2,814	1,833	9,113	16,789	72,724	24,897	19,802	1,319	-	1,205	2,829
Suppliers`440/4`	19,967	24,269	17,979	25,485	16,251	15,950	1,112	10,885	2,814	1,833	9,113	16,789	72,724	24,897	19,802	1,319	-	1,205	2,829
Advances received on contracts in progress`46`	-	-	-	-	-	-	-	-	-	-	877	-	-	-	-	-	-	-	-
Taxes, remuneration and social security`45`	-	18,763	19,281	23,309	13,193	6,357	27,139	10,618	19,574	3,835	12,448	75	9,825	18,392	1,448	3,727	3,777	23,609	2,000
Taxes`450/3`	-	18,763	19,281	23,309	13,193	6,357	27,139	10,618	19,574	3,835	12,448	75	9,825	18,392	1,448	3,727	3,777	23,609	2,000
Other amounts payable`47/48`	7,184	103,806	48,572	39,929	-	-	-	36,000	-	125,000	342	-	11,640	4,670	28,341	30,609	34,821	28,412	266,000
Accrued charges and deferred income`492/3`	1,140	240	240	-	-	-	-	-	-	-	6,280	4,788	1,203	2,181	2,479	1,358	1,989	3,483	-
Income statement
Non-recurring operating income`76A`	-	-	-	-	-	-	-	-	1,810	-	-	-	-	-	-	-	-	-	850
Gross operating margin`9900`	54,758	106,722	64,122	47,250	25,838	-5,046	45,399	54,264	61,515	153,298	90,013	15,073	45,456	73,652	36,296	26,794	15,312	75,370	60,347
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	4,950	2,648	634	923	636	885	2,688	2,688	2,197	6,944	19,708	17,252	12,615	5,892	320	7,902	7,902	8,107	52,431
Other operating charges`640/8`	1,138	1,573	1,938	865	1,720	819	723	1,000	17,246	2,183	922	666	1,262	1,644	1,231	1,338	1,868	1,389	1,116
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40
Operating profit (loss)`9901`	48,670	102,500	61,550	45,463	23,482	-6,750	41,988	50,576	42,072	144,171	69,382	-2,845	31,579	66,117	34,745	17,554	5,542	65,874	6,800
Financial income`75/76B`	-	0	1	-	0	0	-	0	0	-	3	249	4,189	74	135	140	161	1,037	616
Recurring financial income`75`	-	0	1	-	0	0	-	0	0	1	3	249	4,189	74	135	140	161	1,037	616
Financial charges`65/66B`	2,949	4,300	5,472	1,394	2,142	1,634	1,461	1,457	1,736	-	22,913	20,251	14,740	9,239	8,903	9,409	10,481	10,462	1,113
Recurring financial charges`65`	2,949	4,300	5,472	1,394	2,142	1,634	1,461	1,457	1,736	62,955	22,913	20,251	14,740	9,239	8,903	9,409	10,481	10,462	1,113
Profit (loss) for the period before taxes`9903`	45,721	98,200	56,079	44,069	21,340	-8,383	40,527	49,120	40,337	-68,515	46,472	-22,847	21,028	56,952	25,977	8,285	-4,778	56,449	7,113
Income taxes`67/77`	13,305	21,752	13,270	11,110	5,312	462	13,169	9,256	5,038	176	6,988	93	5,762	18,185	8,226	3,543	1,994	19,853	2,432
Profit (loss) for the period`9904`	32,416	76,448	42,808	32,959	16,029	-8,845	27,358	39,864	35,299	-68,691	39,484	-22,940	15,266	38,767	17,751	4,742	-6,772	36,596	4,681
Profit (loss) for the period to be appropriated`9905`	32,416	76,448	42,808	32,959	16,029	-8,845	27,358	39,864	35,299	-68,691	39,484	-22,940	15,266	38,767	17,751	4,742	-6,772	36,596	4,681
Appropriation of the result
Profit (loss) to be appropriated`9906`	32,416	76,448	42,808	32,959	7,184	-8,845	27,358	39,864	6,970	96,671	165,362	125,878	148,818	133,552	94,785	78,034	73,292	80,564	43,968
Profit (loss) brought forward from the previous period`14P`	-	-	-	-	-8,845	-	-	-	-	165,362	-	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	7,184	27,358	5,764	6,970	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	32,416	-	-	-	7,184	-	27,358	3,864	6,970	-	-	-	-	-	-	-	-	-	-
To other reserves`6921`	32,416	-	-	-	7,184	-	27,358	3,864	6,970	-	-	-	-	-	-	-	-	-	-
Profit to be distributed`694/7`	7,184	103,806	48,572	39,929	-	-	-	36,000	-	-	-	-	-	-	-	1,000	-	500	-
Return on contributions (dividend)`694`	7,184	103,806	48,572	39,929	-	-	-	36,000	-	125,000	-	-	-	-	-	-	-	-	-
Directors or managers`695`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	-	500	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	21-03-2026	2026-00058603	PDF
31-12-2024	micro format	26-05-2025	2025-00106727	PDF
31-12-2023	micro format	17-07-2024	2024-00253776	PDF
31-12-2022	micro format	14-06-2023	2023-00125238	PDF
31-12-2021	micro format	28-06-2022	2022-20100158	PDF
31-12-2020	micro format	27-07-2021	2021-40500594	PDF
31-12-2019	micro format	20-07-2020	2020-31800284	PDF
31-12-2018	micro format	01-08-2019	2019-42500564	PDF
31-12-2017	micro format	30-07-2018	2018-40800336	PDF
31-12-2016	abbreviated format	28-07-2017	2017-39100073	PDF
30-06-2015	abbreviated format	29-01-2016	2016-03400524	PDF
30-06-2014	abbreviated format	12-01-2015	2015-01600586	PDF
30-06-2013	abbreviated format	28-01-2014	2014-01800345	PDF
30-06-2012	abbreviated format	31-01-2013	2013-02900319	PDF
30-06-2011	abbreviated format	15-02-2012	2012-04100481	PDF
30-06-2010	abbreviated format	27-01-2011	2011-02300429	PDF
30-06-2009	abbreviated format	16-02-2010	2010-04300412	PDF
30-06-2008	abbreviated format	28-01-2009	2009-02200063	PDF
30-06-2007	abbreviated format	21-01-2008	2008-01700252	PDF
30-06-2006	abbreviated format	15-01-2007	2007-01503917	PDF
30-06-2005	abbreviated format	30-12-2005	2005-92800880	PDF
30-06-2004	abbreviated format	28-01-2005	2005-03504057	PDF
30-06-2003	abbreviated format	13-01-2004	2004-01201748	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
EBITDA	53,620	105,148	62,185	46,386	24,118	-5,865	44,676	53,264	44,269	151,115	89,090	14,407	44,194	72,009	35,065	25,456	13,444	73,981	59,231
Cash flow	37,366	79,096	43,443	33,882	16,664	-7,960	30,045	42,552	37,496	-61,747	59,192	-5,688	27,881	44,659	18,071	12,644	1,130	44,703	57,112
Investment in fixed assets (approximation)	924	22,148	1,077	3,942	0	434	0	2,455	1,425	29,343	40,458	557,543	221,861	37,652	684	0	3,037	0	310,304
Change in cash	-3,802	4,368	-13,175	23,025	-2,202	-7,552	-3,048	-8,507	-4,944	17,835	7,619	-75,178	31,873	24,070	15,570	-10,531	4,494	-38,905	-
Working capital	16,461	-13,698	33,159	36,626	46,616	48,951	57,346	27,300	23,203	-12,868	-19,251	-6,679	-7,147	-5,343	-30,053	-36,561	-35,574	-16,834	-213,715
Solvency	53.4%	4.7%	28.5%	31.2%	61.6%	69.3%	67.7%	35.6%	55.5%	-6.0%	26.4%	21.2%	27.3%	43.4%	38.5%	35.0%	31.9%	29.9%	18.3%
Current ratio	1.61	0.91	1.38	1.41	2.58	3.19	3.03	1.47	2.04	0.90	0.62	0.85	0.94	0.91	0.51	0.23	0.34	0.77	0.23
Debt to equity	0.87	20.47	2.51	2.20	0.62	0.44	0.48	1.81	0.80	-	2.79	3.71	2.67	1.30	1.60	1.86	2.13	2.35	4.46
ROE	100.0%	-	123.9%	81.8%	33.9%	-17.6%	46.3%	125.6%	126.7%	-	21.2%	-15.6%	9.0%	25.1%	15.3%	4.8%	-7.2%	36.2%	7.2%
ROA	53.4%	49.6%	35.3%	25.5%	20.9%	-12.2%	31.3%	44.7%	70.2%	-55.7%	5.6%	-3.3%	2.5%	10.9%	5.9%	1.7%	-2.3%	10.8%	1.3%
Interest coverage	18.18	24.45	11.36	33.28	11.26	-	-	-	-	2.40	-	-	-	-	-	-	-	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€924	€22,148	€1,077	€1,442	-
Financial fixed assets	-	-	-	€2,500	-
Depreciation and write-downs of the year	€4,950	€2,648	€634	€923	€636

Overview

Lifetime

Key points

Equity

Liquidity

Filings

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on WOUT

Financials

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency53.4%

Current ratio1.61

Return on assets53.4%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on WOUT

Board & ownership

Board

Mandates through the years

Control

Capital

Articles of association

Network & group

No group

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels