WALVAN is a logistics company in Izegem. Private Limited, started on 26 August 1983, 1 establishment.

What is the address of WALVAN?

The registered office of WALVAN is located at Gentsestraat 61, 8870 Izegem.

Is WALVAN still active?

Yes. According to the CBE (29 October 2026) WALVAN is active, legal situation “Normale toestand”, started on 26 August 1983.

Is WALVAN registered on Peppol?

Yes, WALVAN is registered on the Peppol network with ID 0208:0424530101.

What is the enterprise number of WALVAN?

The enterprise number of WALVAN is BE0424530101.

When was WALVAN founded?

WALVAN was founded on 26 August 1983.

Who are the directors of WALVAN?

According to the 2025 annual accounts, the directors of WALVAN are: AARTCO BV, BOURGONDISCH HOF BV, Lormans CommV.

Is WALVAN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 26 August 1983; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did WALVAN make in 2025?

WALVAN posted a profit after taxes of € 424,154 in financial year 2025.

What is the revenue of WALVAN?

As a small company, WALVAN is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,365,111.

How much does an employee at WALVAN earn?

The average wage cost per full-time employee at WALVAN was € 36,200 in 2025: staff costs of € 593,579 for 16.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does WALVAN have?

According to the 2025 annual accounts, WALVAN has 16.4 full-time equivalents (FTE).

WALVAN (Private Limited) - Izegem - BE0424530101

Dossier WALVAN, printed on 29 October 2026 from databakkes.be/en/0424530101/walvan. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

24 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

WALVAN from Izegem, company number BE0424530101, closed financial year 2025 with a result of € 424,154 after tax. For that financial year WALVAN recorded a gross margin of € 1.4 million and equity of € 380,805. Compared with financial year 2024, the result moved from € 278,178 to € 424,154. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.

What it is worth Healthy

€ 380,805

▼ 32% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 424,154

▲ 52% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 114,655

▲ 163% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 600,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

16.4

▲ 4.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 593,579

▲ 29% vs 2024

€ 36,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 7,307

▼ 19% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 6 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1 million

▼ 15% vs 2024

€ 183,619 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 293,540

▲ 38% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 82,294

▲ 1% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 311,889 Gross margin 2022: € 311,889 First fiscal year in the series	€ 395,721 Gross margin 2023: € 395,721 ▲ 27% vs 2022 (€ 311,889) Favourable step	€ 866,857 Gross margin 2024: € 866,857 ▲ 119% vs 2023 (€ 395,721) Favourable step	€ 1,365,111 Gross margin 2025: € 1,365,111 ▲ 57% vs 2024 (€ 866,857) Favourable step	▲ 57%
Profit after taxes	€ 68,935 Profit after taxes 2022: € 68,935 First fiscal year in the series	€ 105,362 Profit after taxes 2023: € 105,362 ▲ 53% vs 2022 (€ 68,935) Favourable step	€ 278,178 Profit after taxes 2024: € 278,178 ▲ 164% vs 2023 (€ 105,362) Favourable step	€ 424,154 Profit after taxes 2025: € 424,154 ▲ 52% vs 2024 (€ 278,178) Favourable step	▲ 52%
Equity	€ 623,111 Equity 2022: € 623,111 First fiscal year in the series	€ 728,472 Equity 2023: € 728,472 ▲ 17% vs 2022 (€ 623,111) Favourable step	€ 556,651 Equity 2024: € 556,651 ▼ 24% vs 2023 (€ 728,472) Unfavourable step	€ 380,805 Equity 2025: € 380,805 ▼ 32% vs 2024 (€ 556,651) Unfavourable step	▼ 32%
Total debts	€ 182,566 Total debts 2022: € 182,566 First fiscal year in the series	€ 161,156 Total debts 2023: € 161,156 ▼ 12% vs 2022 (€ 182,566) Favourable step	€ 1,974,463 Total debts 2024: € 1,974,463 ▲ € 1.8 million vs 2023 (€ 161,156) Unfavourable step	€ 2,022,215 Total debts 2025: € 2,022,215 ▲ 2% vs 2024 (€ 1,974,463) Unfavourable step	▲ 2%
Cash	€ 112,858 Cash 2022: € 112,858 First fiscal year in the series	€ 81,790 Cash 2023: € 81,790 ▼ 28% vs 2022 (€ 112,858) Unfavourable step	€ 43,640 Cash 2024: € 43,640 ▼ 47% vs 2023 (€ 81,790) Unfavourable step	€ 114,655 Cash 2025: € 114,655 ▲ 163% vs 2024 (€ 43,640) Favourable step	▲ 163%
Land & buildings	€ 51,068 Land & buildings 2022: € 51,068 First fiscal year in the series	€ 50,280 Land & buildings 2023: € 50,280 ▼ 2% vs 2022 (€ 51,068) Unchanged	€ 49,492 Land & buildings 2024: € 49,492 ▼ 2% vs 2023 (€ 50,280) Unchanged	€ 45,115 Land & buildings 2025: € 45,115 ▼ 9% vs 2024 (€ 49,492) Unchanged	▼ 9%
Retained profit	€ 603,111 Retained profit 2022: € 603,111 First fiscal year in the series	€ 708,472 Retained profit 2023: € 708,472 ▲ 17% vs 2022 (€ 603,111) Favourable step	€ 536,651 Retained profit 2024: € 536,651 ▼ 24% vs 2023 (€ 708,472) Unfavourable step	€ 360,805 Retained profit 2025: € 360,805 ▼ 33% vs 2024 (€ 536,651) Unfavourable step	▼ 33%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 450,000 Dividend 2024: € 450,000 Unchanged (€ 0) Unchanged	€ 600,000 Dividend 2025: € 600,000 ▲ 33% vs 2024 (€ 450,000) Unchanged	▲ 33%
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 1,230,000 Bank debt 2024: € 1,230,000 Unchanged (€ 0) Unfavourable step	€ 1,046,381 Bank debt 2025: € 1,046,381 ▼ 15% vs 2024 (€ 1,230,000) Favourable step	▼ 15%
Balance sheet total	€ 805,676 Balance sheet total 2022: € 805,676 First fiscal year in the series	€ 889,628 Balance sheet total 2023: € 889,628 ▲ 10% vs 2022 (€ 805,676) Unchanged	€ 2,531,113 Balance sheet total 2024: € 2,531,113 ▲ 185% vs 2023 (€ 889,628) Unchanged	€ 2,403,020 Balance sheet total 2025: € 2,403,020 ▼ 5% vs 2024 (€ 2,531,113) Unchanged	▼ 5%
Employees (FTE)	5.3 Employees (FTE) 2022: 5.3 First fiscal year in the series	6.8 Employees (FTE) 2023: 6.8 ▲ 1.5 vs 2022 (5.3) Unchanged	12.2 Employees (FTE) 2024: 12.2 ▲ 5.4 vs 2023 (6.8) Unchanged	16.4 Employees (FTE) 2025: 16.4 ▲ 4.2 vs 2024 (12.2) Unchanged	▲ 4.2

Key figures of WALVAN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to WALVAN?

What happened at WALVAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 28, 2026 New annual accounts for financial year 2025: profit of € 424,154 (▲ 52% vs 2024). Source: NBB ↗
2026 Lormans CommV became a director. NBB
Oct 5, 1983 New establishment in Wevelgem. KBO
Aug 26, 1983 Start of the company according to the CBE. KBO

In short

From € 68,935 profit in 2022 to € 424,154 profit in 2025.

Paid € 136,077 in corporate taxes since 2022.

Best year ever: 2025, with € 424,154 profit.

On average € 83,200 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

BOURGONDISCH HOF 50%

AARTCO 50%

The stake of BOURGONDISCH HOF, AARTCO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

WALVAN

Behind WALVAN are AARTCO BV, BOURGONDISCH HOF BV and Lormans CommV. The shares are held by BOURGONDISCH HOF (50%) and AARTCO (50%).

Directors

According to the 2025 annual accounts

AARTCO BV

Managing director · represented by Pascal VANHONSEBROUCK

Also active at: VARIA, SHOPPING - HERMANS, ERTPAS, SHOPPING DIEPENBEEK, HERMANS DIEPENBEEK, AVANTI, PASCALINO, Hotel 't Sandt +3 more

BOURGONDISCH HOF BV

Managing director · represented by Jo LORMANS

Also active at: Unic Aalter

Lormans CommV

Director · represented by Jan Lormans

Also active at: Unic Aalter

since 2026

Shareholders

BOURGONDISCH HOF

50%

AARTCO

50%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Gentsestraat 61

8870 Izegem

2.022.865.516

Schuttershoflaan 1

8560 Wevelgem

Active since 5 October 1983

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 24 companies are registered at this address.

All companies at this address →

MEIRSCHAERT IMMO

€ 72,574 gross margin · 2025

Unic Aalter same network

€ 748,818 gross margin · 2025

UNIC-MONA

€ 4.3 million gross margin · 2025

VARIA same network

€ 737,012 gross margin · 2025

EVERCO

€ 1.2 million gross margin · 2025

+19 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0424.530.101

VAT number

BE 0424.530.101

Registered office

Gentsestraat 61, 8870 Izegem

Names & denominations

WALVAN

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

26 August 1983

Peppol

Active · Active since 18 Mar 2026

Activities · NACE

Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)

Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen

Niet-gespecialiseerde detailhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100 m2)

Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)

Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)

View on CBE Public ↗ Annual accounts (NBB) ↗

WALVAN

Warning lights

Financials

What happened to WALVAN?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions