ACTIVE

IG Watteeuw International

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Financial year 2025 · Closed on 31/12/2025

Net result1,8 M €-47,1 %over 1 year
Revenue38,8 M €-14,1 %over 1 year
Equity58,8 M €+3,1 %over 1 year
Workforce136,9 ETP-13,3 %over 1 year

Identity

Source · BCE/KBO

IG Watteeuw International is a Public limited company incorporated in 1922. Its registered office is in Oostkamp. It employs on average 136,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0405.155.934
Incorporation
09/08/1922
Legal form
Public limited company
Registered office
Kampveldstraat 51
8020 Oostkamp · FlandreSee on map
Contributed capital
35 467 091,42 €
Latest accounts
31/12/2025
Average workforce
136,9 ETP
Joint committees (2)
  • 111
  • 209
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 49 filings

Trend over 17 financial years

20252024202320222021
Income statement
Revenue38,8 M €45,1 M €40,9 M €34,7 M €30,7 M €
EBITDA4,7 M €6 M €4,9 M €2,4 M €3,2 M €
Operating result2,3 M €3 M €1,8 M €79,6 k €796,8 k €
Net result1,8 M €3,3 M €1,7 M €18,7 M €4,6 M €
Balance sheet
Equity58,8 M €57,1 M €56,1 M €58,7 M €65 M €
Total assets104,5 M €109,2 M €94,1 M €83,9 M €102,1 M €
Cash1,8 M €2,7 M €687,4 k €1,4 M €2,5 M €
Debts45 M €51,5 M €37,8 M €25 M €36,8 M €
Other
Workforce136,9 ETP157,9 ETP151,0 ETP157,1 ETP163,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 38 ended

Active mandates

CHOCOSONIFY

Director · since 30 novembre 2023 · until 29 mai 2029 · 0478.368.762

Represented by JEAN-CHRISTOPHE SEYNAEVE

Active
J.PEAS

Director · since 30 novembre 2023 · until 29 mai 2029 · 0415.860.180

Represented by JEAN-PIERRE SEYNAEVE

Active
JUDITH BAETE NAESSENS

Director · since 30 novembre 2023 · until 29 mai 2029

Active

Ended mandates

STEFAAN DEWAELE

Director · since 30 novembre 2023 · until 29 mai 2029

Ended
CHOCOSONIFY

Director · since 31 mai 2021 · until 25 mai 2026 · 0478.368.762

Represented by JEAN-CHRISTOPHE SEYNAEVE

Ended
J.PEAS

Director · since 31 mai 2021 · until 25 mai 2026 · 0415.860.180

Represented by JEAN-PIERRE SEYNAEVE

Ended
JOHAN DE LILLE

Director · since 31 mai 2021 · until 25 mai 2026

Ended

Other companies at this address

Kampveldstraat 51 8020 Oostkamp
CompanyCBE no.
De Populier● Liquidation
0444.168.938
De Watteeuwvrienden● Active
0422.089.659

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date11/06/202616/06/202505/06/202414/06/202313/06/202221/06/2021
General meeting26/05/202627/05/202528/05/202430/05/202330/05/202231/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 49 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202526/05/202611/06/2026DutchPDF
Full model31/12/202427/05/202516/06/2025DutchPDF
Full model31/12/202328/05/202405/06/2024DutchPDF
Full model31/12/202230/05/202314/06/2023DutchPDF
Full model31/12/202130/05/202213/06/2022DutchPDF
Full model31/12/202031/05/202121/06/2021DutchPDF
Full model31/12/201925/05/202023/06/2020DutchPDF
Full model31/12/201827/05/201919/06/2019DutchPDF
Full model31/12/201728/05/201821/06/2018DutchPDF
Full model31/12/201629/05/201719/06/2017DutchPDF
Full model31/12/201530/05/201623/06/2016DutchPDF
Full model31/12/201425/05/201530/06/2015DutchPDF
Full model31/12/201326/05/201423/06/2014DutchPDF
Full model31/12/201227/05/201304/07/2013DutchPDF
Full model31/12/201129/05/201211/06/2012DutchPDF
Full model31/12/201030/05/201114/07/2011DutchPDF
Full model31/12/200931/05/201021/06/2010DutchPDF
Full model31/12/200825/05/200929/06/2009DutchPDF
Full model31/12/200726/05/200824/06/2008DutchPDF
Full model31/12/200629/05/200702/07/2007DutchPDF
Full model31/12/200529/05/200612/06/2006DutchPDF
Full model31/12/200430/05/200504/07/2005DutchPDF
Full model31/12/200301/06/200414/06/2004DutchPDF
Full model31/12/200226/05/200318/06/2003DutchPDF

View all 49 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 38 ended

Active mandates

CHOCOSONIFY

Director · since 30 novembre 2023 · until 29 mai 2029 · 0478.368.762

Represented by JEAN-CHRISTOPHE SEYNAEVE

Active
J.PEAS

Director · since 30 novembre 2023 · until 29 mai 2029 · 0415.860.180

Represented by JEAN-PIERRE SEYNAEVE

Active
JUDITH BAETE NAESSENS

Director · since 30 novembre 2023 · until 29 mai 2029

Active

Ended mandates

STEFAAN DEWAELE

Director · since 30 novembre 2023 · until 29 mai 2029

Ended
CHOCOSONIFY

Director · since 31 mai 2021 · until 25 mai 2026 · 0478.368.762

Represented by JEAN-CHRISTOPHE SEYNAEVE

Ended
J.PEAS

Director · since 31 mai 2021 · until 25 mai 2026 · 0415.860.180

Represented by JEAN-PIERRE SEYNAEVE

Ended
JOHAN DE LILLE

Director · since 31 mai 2021 · until 25 mai 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares12/05/2026
    KAPITAAL - AANDELEN
    PDF
  • Mandates05/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other11/04/2024
    DIVERSEN
    PDF
  • Mandates31/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/02/2018
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 05/05/2026
    augmentation_capital
  2. 2025
    Annual accounts 20251,8 M €↓
  3. 31/12/2024
    nominationMarleen Defoer — commissaris
  4. 2024
    Annual accounts 20243,3 M €↑
  5. 2023
    Annual accounts 20231,7 M €↓
  6. 2022
    Annual accounts 202218,7 M €↑
  7. 2021
    Annual accounts 20214,6 M €↓
  8. 2019
    Annual accounts 20196,9 M €↓
  9. 2018
    Annual accounts 201813,5 M €↑
  10. 2017
    Annual accounts 2017-30,8 M €↓
  11. 2016
    Annual accounts 2016-1,7 M €↓
  12. 2015
    Annual accounts 20154,7 M €↑
  13. 2014
    Annual accounts 20141,6 M €↓
  14. 2013
    Annual accounts 20132 M €↓
  15. 2012
    Annual accounts 20126 M €↓
  16. 2011
    Annual accounts 20116,5 M €↑
  17. 2010
    Annual accounts 2010-2,5 M €↓
  18. 2009
    Annual accounts 2009-2,3 M €↓
  19. 2006
    Annual accounts 20066 M €
  20. 09/08/1922
    IncorporationPublic limited company