ACTIVE

Grundfos Water Treatment Belgium

Financial year 2024 · Closed on 31/12/2024

Net result219,7 k €-49,7 %over 1 year
Gross margin2 M €-10,7 %over 1 year
Equity887,8 k €+15,2 %over 1 year
Workforce16,9 ETP-2,9 %over 1 year

Identity

Source · BCE/KBO

Grundfos Water Treatment Belgium is a Public limited company incorporated in 1976. Its main activity is: Water collection, treatment and supply. Its registered office is in Nazareth-De Pinte. It employs on average 16,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0415.856.618
Incorporation
26/02/1976
Legal form
Public limited company
Registered office
Rozenstraat 7
9810 Nazareth-De Pinte · FlandreSee on map
Contributed capital
75 000,00 €
Latest accounts
31/12/2024
Average workforce
16,9 ETP
Joint committees (2)
  • 14904
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 15 financial years

20242023202220212020
Income statement
Gross margin2 M €2,2 M €1,7 M €1,2 M €1,5 M €
EBITDA351,1 k €653,6 k €380,2 k €-150,2 k €31,6 k €
Operating result294,8 k €597,8 k €268,2 k €-350,7 k €-39 k €
Net result219,7 k €437,1 k €246,5 k €-366,3 k €-35,6 k €
Balance sheet
Equity887,8 k €770,9 k €658,8 k €412,3 k €778,6 k €
Total assets2,2 M €1,9 M €2,4 M €1,9 M €2,6 M €
Cash370,4 k €63,2 k €237,4 k €353,4 k €94 k €
Debts1,1 M €956,5 k €1,5 M €1,4 M €1,7 M €
Other
Workforce16,9 ETP17,4 ETP15,7 ETP15,0 ETP17,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 23 ended

Active mandates

Oleksandr Sadchykov

bestuurder · since 01 mai 2024 · until 11 mai 2029

Active
Tom Vanlerberghe

bestuurder · since 01 mai 2024 · until 11 mai 2029

Active

Ended mandates

Oleksandr Sadchykov

bestuurder · since 01 mai 2024 · until 10 mai 2030

Ended
Tom Vanlerberghe

bestuurder · since 01 mai 2024 · until 10 mai 2030

Ended
Kurt Hufnagel

bestuurder · since 17 juin 2022 · until 01 mai 2024

Ended
KURT HUFNAGL

Director · since 17 juin 2022 · until 12 mai 2028

Ended

Other companies at this address

Rozenstraat 7 9810 Nazareth-De Pinte
CompanyCBE no.
Derolucq Design● Active
0729.743.173

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/11/202001/11/201901/11/2018
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/10/202031/10/2019
Length of the financial year12 months12 months12 months14 months12 months12 months
Filing date04/06/202524/07/202418/07/202312/07/202209/03/202118/03/2020
General meeting09/05/202528/06/202412/05/202317/06/202201/02/202131/01/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202409/05/202504/06/2025DutchPDF
Abridged model31/12/202328/06/202424/07/2024DutchPDF
Abridged model31/12/202212/05/202318/07/2023DutchPDF
Abridged model31/12/202117/06/202212/07/2022DutchPDF
Abridged model31/10/202001/02/202109/03/2021DutchPDF
Abridged model31/10/201931/01/202018/03/2020DutchPDF
Abridged model31/10/201827/02/201912/03/2019DutchPDF
Abridged model31/10/201714/03/201805/04/2018DutchPDF
Full model31/10/201614/03/201721/03/2017DutchPDF
Full model31/10/201518/02/201601/03/2016DutchPDF
Full model31/10/201402/02/201526/02/2015DutchPDF
Full model31/10/201322/01/201420/02/2014DutchPDF
Full model31/10/201201/02/201311/03/2013DutchPDF
Full model31/10/201127/02/201222/03/2012DutchPDF
Full model31/10/201001/02/201128/02/2011DutchPDF
Full model31/10/200901/02/201013/04/2010DutchPDF
Full model31/10/200802/02/200903/03/2009DutchPDF
Full model31/10/200701/02/200829/02/2008DutchPDF
Full model31/10/200601/02/200728/02/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 31/12/2024

2 active · 23 ended

Active mandates

Oleksandr Sadchykov

bestuurder · since 01 mai 2024 · until 11 mai 2029

Active
Tom Vanlerberghe

bestuurder · since 01 mai 2024 · until 11 mai 2029

Active

Ended mandates

Oleksandr Sadchykov

bestuurder · since 01 mai 2024 · until 10 mai 2030

Ended
Tom Vanlerberghe

bestuurder · since 01 mai 2024 · until 10 mai 2030

Ended
Kurt Hufnagel

bestuurder · since 17 juin 2022 · until 01 mai 2024

Ended
KURT HUFNAGL

Director · since 17 juin 2022 · until 12 mai 2028

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates04/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other27/02/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Mandates19/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/11/2021
    DIVERSEN
    PDF
  • Other26/03/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates26/03/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/11/2018
    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. 2024
    Annual accounts 2024219,7 k €↓
  2. 2024
    Name changeGRUNDFOS WATER TREATMENT BELGIUM
  3. 2023
    Annual accounts 2023437,1 k €↑
  4. 2022
    Annual accounts 2022246,5 k €↑
  5. 2021
    Annual accounts 2021-366,3 k €↓
  6. 2020
    Annual accounts 2020-35,6 k €↓
  7. 2019
    Annual accounts 2019292,1 k €↓
  8. 2018
    Annual accounts 2018358 k €↑
  9. 2017
    Annual accounts 2017326,9 k €↑
  10. 2016
    Annual accounts 2016270,5 k €↑
  11. 2015
    Annual accounts 2015165,3 k €↓
  12. 2014
    Annual accounts 2014202,9 k €↓
  13. 2013
    Annual accounts 2013227,5 k €↓
  14. 2011
    Annual accounts 2011298,8 k €↑
  15. 2010
    Annual accounts 201028,5 k €↓
  16. 2008
    Annual accounts 2008198,1 k €
  17. 2008
    Name changeEUROWATER BELGIUM
  18. 26/02/1976
    IncorporationPublic limited company