WAW is registered with the CBE as active in: Vervaardiging van huishoudelijke en sanitaire papierwaren. Public Limited, started on 29 September 1989, 1 establishment.

What is the address of WAW?

The registered office of WAW is located at Drieslaan 36, 8560 Wevelgem.

Yes. According to the CBE (30 October 2026) WAW is active, legal situation “Normale toestand”, started on 29 September 1989.

Is WAW registered on Peppol?

Yes, WAW is registered on the Peppol network with ID 0208:0438493052.

What is the enterprise number of WAW?

The enterprise number of WAW is BE0438493052.

When was WAW founded?

WAW was founded on 29 September 1989.

Who are the directors of WAW?

According to the 2025 annual accounts, the directors of WAW are: IQ4H VOF, EQ4K BV.

Is WAW a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 September 1989; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did WAW make in 2025?

WAW posted a profit after taxes of € 136,997 in financial year 2025.

What is the revenue of WAW?

As a small company, WAW is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 3,111,665.

How much does an employee at WAW earn?

The average wage cost per full-time employee at WAW was € 55,400 in 2025: staff costs of € 1.9 million for 34.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does WAW have?

According to the 2025 annual accounts, WAW has 34.4 full-time equivalents (FTE).

WAW (Public Limited) - Wevelgem - BE0438493052

Dossier WAW, printed on 30 October 2026 from databakkes.be/en/0438493052/waw. 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 42 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

WAW from Wevelgem, company number BE0438493052, closed financial year 2025 with a result of € 136,997 after tax. For that financial year WAW recorded a gross margin of € 3.1 million and equity of € 4 million. Compared with financial year 2024, the result moved from € 80,740 to € 136,997. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.

What it is worth Growing

€ 4 million

▲ 4% vs 2024

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

Profit Growing

€ 136,997

▲ 70% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 52,206

▼ 40% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 2.8 million.

People and assets in 2025

Full-time equivalents

34.4

▲ 3.5 vs 2024

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

Wage cost

€ 1.9 million

▲ 8% vs 2024

€ 55,400 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

€ 440,059

▼ 19% vs 2024

Of which on lease € 261,388.

Debts at end 2025

Bank debt ≈ 4 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.

€ 2.9 million

▼ 2% vs 2024

€ 608,037 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 237,105

▲ 5% vs 2024

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

Taxes and wages

€ 254,273

▼ 11% 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	€ 2,880,111 Gross margin 2022: € 2,880,111 First fiscal year in the series	€ 2,709,028 Gross margin 2023: € 2,709,028 ▼ 6% vs 2022 (€ 2,880,111) Unfavourable step	€ 2,893,250 Gross margin 2024: € 2,893,250 ▲ 7% vs 2023 (€ 2,709,028) Favourable step	€ 3,111,665 Gross margin 2025: € 3,111,665 ▲ 8% vs 2024 (€ 2,893,250) Favourable step	▲ 8%
Profit after taxes	€ 216,416 Profit after taxes 2022: € 216,416 First fiscal year in the series	€ 16,050 Profit after taxes 2023: € 16,050 ▼ 93% vs 2022 (€ 216,416) Unfavourable step	€ 80,740 Profit after taxes 2024: € 80,740 ▲ € 64,690 vs 2023 (€ 16,050) Favourable step	€ 136,997 Profit after taxes 2025: € 136,997 ▲ 70% vs 2024 (€ 80,740) Favourable step	▲ 70%
Equity	€ 3,760,355 Equity 2022: € 3,760,355 First fiscal year in the series	€ 3,776,405 Equity 2023: € 3,776,405 Unchanged (€ 3,760,355) Favourable step	€ 3,857,145 Equity 2024: € 3,857,145 ▲ 2% vs 2023 (€ 3,776,405) Favourable step	€ 3,994,142 Equity 2025: € 3,994,142 ▲ 4% vs 2024 (€ 3,857,145) Favourable step	▲ 4%
Total debts	€ 4,072,247 Total debts 2022: € 4,072,247 First fiscal year in the series	€ 2,921,956 Total debts 2023: € 2,921,956 ▼ 28% vs 2022 (€ 4,072,247) Favourable step	€ 4,078,290 Total debts 2024: € 4,078,290 ▲ 40% vs 2023 (€ 2,921,956) Unfavourable step	€ 4,270,946 Total debts 2025: € 4,270,946 ▲ 5% vs 2024 (€ 4,078,290) Unfavourable step	▲ 5%
Cash	€ 134,206 Cash 2022: € 134,206 First fiscal year in the series	€ 31,893 Cash 2023: € 31,893 ▼ 76% vs 2022 (€ 134,206) Unfavourable step	€ 86,369 Cash 2024: € 86,369 ▲ 171% vs 2023 (€ 31,893) Favourable step	€ 52,206 Cash 2025: € 52,206 ▼ 40% vs 2024 (€ 86,369) Unfavourable step	▼ 40%
Land & buildings	€ 5,360,157 Land & buildings 2022: € 5,360,157 First fiscal year in the series	€ 5,197,821 Land & buildings 2023: € 5,197,821 ▼ 3% vs 2022 (€ 5,360,157) Unchanged	€ 5,912,935 Land & buildings 2024: € 5,912,935 ▲ 14% vs 2023 (€ 5,197,821) Unchanged	€ 6,353,640 Land & buildings 2025: € 6,353,640 ▲ 7% vs 2024 (€ 5,912,935) Unchanged	▲ 7%
Retained profit	€ 2,526,320 Retained profit 2022: € 2,526,320 First fiscal year in the series	€ 2,542,371 Retained profit 2023: € 2,542,371 ▲ 1% vs 2022 (€ 2,526,320) Favourable step	€ 2,623,111 Retained profit 2024: € 2,623,111 ▲ 3% vs 2023 (€ 2,542,371) Favourable step	€ 2,760,108 Retained profit 2025: € 2,760,108 ▲ 5% vs 2024 (€ 2,623,111) Favourable step	▲ 5%
Bank debt	€ 3,121,296 Bank debt 2022: € 3,121,296 First fiscal year in the series	€ 2,566,328 Bank debt 2023: € 2,566,328 ▼ 18% vs 2022 (€ 3,121,296) Favourable step	€ 2,913,089 Bank debt 2024: € 2,913,089 ▲ 14% vs 2023 (€ 2,566,328) Unfavourable step	€ 2,860,223 Bank debt 2025: € 2,860,223 ▼ 2% vs 2024 (€ 2,913,089) Favourable step	▼ 2%
Balance sheet total	€ 7,832,602 Balance sheet total 2022: € 7,832,602 First fiscal year in the series	€ 6,698,360 Balance sheet total 2023: € 6,698,360 ▼ 14% vs 2022 (€ 7,832,602) Unchanged	€ 7,935,435 Balance sheet total 2024: € 7,935,435 ▲ 18% vs 2023 (€ 6,698,360) Unchanged	€ 8,265,088 Balance sheet total 2025: € 8,265,088 ▲ 4% vs 2024 (€ 7,935,435) Unchanged	▲ 4%
Employees (FTE)	29.6 Employees (FTE) 2022: 29.6 First fiscal year in the series	31.8 Employees (FTE) 2023: 31.8 ▲ 2.2 vs 2022 (29.6) Unchanged	30.9 Employees (FTE) 2024: 30.9 ▼ 0.9 vs 2023 (31.8) Unchanged	34.4 Employees (FTE) 2025: 34.4 ▲ 3.5 vs 2024 (30.9) Unchanged	▲ 3.5

Key figures of WAW, 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 WAW?

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

2028 IQ4H VOF stepped down as director. NBB
2028 EQ4K BV stepped down as director. NBB
Jun 26, 2026 New annual accounts for financial year 2025: profit of € 136,997 (▲ 70% vs 2024). Source: NBB ↗
2023 IQ4H VOF became a director. NBB
2023 EQ4K BV became a director. NBB
Oct 24, 1989 New establishment in Wevelgem. KBO
Sep 29, 1989 Start of the company according to the CBE. KBO

In short

From € 216,416 profit in 2022 to € 136,997 profit in 2025.

Paid € 162,307 in corporate taxes since 2022.

Best year ever: 2022, with € 216,416 profit.

On average € 90,500 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

EQ4K 100%

The stake of EQ4K comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

WAW

The shares are held by EQ4K (100%).

Directors

According to the 2025 annual accounts

IQ4H VOF

Managing director · represented by Christophe Vanneste

Also active at: ECOLINE, Cleanline

since 2023 · until 2028

EQ4K BV

Managing director · represented by Elien Loncke

Also active at: ECOLINE, Cleanline

since 2023 · until 2028

Shareholders

EQ4K

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Drieslaan 36

8560 Wevelgem

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

Details

Company number

0438.493.052

VAT number

BE 0438.493.052

Registered office

Drieslaan 36, 8560 Wevelgem

Names & denominations

WAW

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

29 September 1989

Peppol

Active · Active since 12 Jan 2026

Activities · NACE

Vervaardiging van huishoudelijke en sanitaire papierwaren

Vervaardiging van ongeweven stoffen en artikelen van ongeweven stoffen

View on CBE Public ↗ Annual accounts (NBB) ↗

WAW