ACTIVE

De Watering

Financial year 2025 · Closed on 31/12/2025

Net result
528,6 k €
+2 497,5 %over 1 year
Gross margin
4,3 M €
+13,3 %over 1 year
Equity
16,9 M €
+3,2 %over 1 year
Workforce
8,0 ETP
-5,9 %over 1 year

Identity

Source · BCE/KBO

De Watering is a Public limited company incorporated in 1972. Its main activity is: Plant propagation. Its registered office is in Mol. It employs on average 8,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0411.986.120
Incorporation
14/01/1972
Legal form
Public limited company
Registered office
Edmond Van Hoofstraat 9 box 1
2400 Mol · FlandreSee on map
Contributed capital
1 600 000,00 €
Latest accounts
31/12/2025
Average workforce
8,0 ETP
Joint committees (3)
  • 144
  • 200
  • 218
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin4,3 M €3,8 M €–––
EBITDA2,9 M €2,3 M €1,6 M €1,7 M €2,4 M €
Operating result1,5 M €845,2 k €699 k €1,1 M €1,9 M €
Net result528,6 k €-22 k €176,6 k €778,4 k €1,4 M €
Balance sheet
Equity16,9 M €16,3 M €16,3 M €16,2 M €15,4 M €
Total assets47,6 M €51,4 M €34,9 M €25,6 M €20 M €
Cash2,3 M €12,2 M €5,5 M €251,8 k €180,6 k €
Debts30,1 M €34,5 M €18,3 M €9,2 M €4,3 M €
Other
Workforce8,0 ETP8,5 ETP6,9 ETP5,2 ETP3,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 25 ended

Active mandates

Jozef Alfons Eyckmans

Director · since 01 juin 2022 · until 09 juillet 2025

Active
GERT KERKSTOEL GROUP

Director · since 20 mai 2022 · until 07 juin 2027 · 0826.271.239

Represented by Gert Jozef Kerkstoel

Active
Alice Paula Troukens

Director · since 03 juin 2019 · until 07 juin 2027

Active
Paul Troukens

Managing director · since 03 juin 2019 · until 07 juin 2027

Active

Ended mandates

GERT KERKSTOEL GROUP

Director · since 20 mai 2022 · until 02 juin 2025 · 0826.271.239

Represented by Kerkstoel GERT JOZEF

Ended
GERT KERKSTOEL GROUP

Director · since 20 mai 2022 · until 09 juillet 2025 · 0826.271.239

Represented by Gert Jozef Kerkstoel

Ended
Alice Paula Troukens

Director · since 03 juin 2019 · until 09 juillet 2025

Ended
Alice Troukens

Director · since 03 juin 2019 · until 02 juin 2025

Ended

Other companies at this address

Edmond Van Hoofstraat 9 2400 Mol
CompanyCBE no.
0538.713.254

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged 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 date27/08/202624/07/202528/08/202419/07/202331/05/202205/07/2021
General meeting27/08/202609/07/202525/06/202418/07/202320/05/202208/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202527/08/202627/08/2026DutchPDF
Abridged model31/12/202409/07/202524/07/2025DutchPDF
Full model31/12/202325/06/202428/08/2024DutchPDF
Full model31/12/202218/07/202319/07/2023DutchPDF
Full model31/12/202120/05/202231/05/2022DutchPDF
Full model31/12/202008/06/202105/07/2021DutchPDF
Full model31/12/201902/06/202015/06/2020DutchPDF
Full model31/12/201803/06/201904/06/2019DutchPDF
Full model31/12/201722/05/201808/06/2018DutchPDF
Full model31/12/201606/06/201727/06/2017DutchPDF
Full model31/12/201506/06/201628/06/2016DutchPDF
Full model31/12/201401/06/201518/06/2015DutchPDF
Full model31/12/201302/06/201420/06/2014DutchPDF
Full model31/12/201227/06/201319/07/2013DutchPDF
Full model31/12/201104/06/201204/07/2012DutchPDF
Full model31/12/201006/06/201115/06/2011DutchPDF
Abridged model31/12/200907/06/201030/06/2010DutchPDF
Abridged model31/12/200802/06/200911/06/2009DutchPDF
Abridged model31/12/200702/06/200812/09/2008DutchPDF
Abridged model31/12/200604/06/200721/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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

4 active · 25 ended

Active mandates

Jozef Alfons Eyckmans

Director · since 01 juin 2022 · until 09 juillet 2025

Active
GERT KERKSTOEL GROUP

Director · since 20 mai 2022 · until 07 juin 2027 · 0826.271.239

Represented by Gert Jozef Kerkstoel

Active
Alice Paula Troukens

Director · since 03 juin 2019 · until 07 juin 2027

Active
Paul Troukens

Managing director · since 03 juin 2019 · until 07 juin 2027

Active

Ended mandates

GERT KERKSTOEL GROUP

Director · since 20 mai 2022 · until 02 juin 2025 · 0826.271.239

Represented by Kerkstoel GERT JOZEF

Ended
GERT KERKSTOEL GROUP

Director · since 20 mai 2022 · until 09 juillet 2025 · 0826.271.239

Represented by Gert Jozef Kerkstoel

Ended
Alice Paula Troukens

Director · since 03 juin 2019 · until 09 juillet 2025

Ended
Alice Troukens

Director · since 03 juin 2019 · until 02 juin 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates31/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/09/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates14/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/08/2013
    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. 2025
    Annual accounts 2025528,6 k €↑
  2. 2024
    Annual accounts 2024-22 k €↓
  3. 2023
    Annual accounts 2023176,6 k €↓
  4. 2022
    Annual accounts 2022778,4 k €↓
  5. 2021
    Annual accounts 20211,4 M €↑
  6. 2018
    Annual accounts 20181,1 M €↑
  7. 2017
    Annual accounts 20171 M €↑
  8. 2016
    Annual accounts 2016970,4 k €↑
  9. 2015
    Annual accounts 2015887,3 k €↓
  10. 2014
    Annual accounts 2014893,6 k €↑
  11. 2013
    Annual accounts 2013631,6 k €↓
  12. 2012
    Annual accounts 2012847,1 k €↑
  13. 2011
    Annual accounts 2011809,6 k €↓
  14. 2010
    Annual accounts 20101,1 M €↑
  15. 2009
    Annual accounts 2009773,8 k €↑
  16. 2008
    Annual accounts 2008760,5 k €↑
  17. 2007
    Annual accounts 2007653,2 k €↓
  18. 2006
    Annual accounts 20061 M €
  19. 14/01/1972
    IncorporationPublic limited company