ACTIVE

Watts benelux

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Financial year 2025 · Closed on 31/12/2025

Net result1,1 M €+71,4 %over 1 year
Revenue29,7 M €-6,5 %over 1 year
Equity1,7 M €+6,2 %over 1 year
Workforce27,1 ETP-2,2 %over 1 year

Identity

Source · BCE/KBO

Watts benelux is a Private limited company incorporated in 1977. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Wingene. It employs on average 27,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0417.214.915
Incorporation
26/05/1977
Legal form
Private limited company
Registered office
Beernemsteenweg 77 box A
8750 Wingene · FlandreSee on map
Contributed capital
49 190,00 €
Latest accounts
31/12/2025
Average workforce
27,1 ETP
Joint committees (3)
  • 200
  • 20000
  • 218
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 21 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue29,7 M €31,7 M €36,7 M €32,8 M €31,1 M €
EBITDA2,3 M €1,8 M €3,3 M €4,3 M €4,4 M €
Operating result2,1 M €1,6 M €3,2 M €4,3 M €4,3 M €
Net result1,1 M €639,8 k €1,9 M €2,7 M €2,7 M €
Balance sheet
Equity1,7 M €1,6 M €1,4 M €999,5 k €791,8 k €
Total assets8,6 M €9,4 M €9,8 M €10,3 M €9,5 M €
Cash53,6 k €216,7 k €210,7 k €153,1 k €152,8 k €
Debts6,9 M €7,8 M €8,2 M €9,1 M €8,6 M €
Other
Workforce27,1 ETP27,7 ETP29,0 ETP29,9 ETP27,9 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 · 26 ended

Active mandates

Marc GERMERAAD

Director · since 12 décembre 2025

Active
Paolo DOLEZZAL

Director · since 31 juillet 2024

Active
Olivier GIVERDON

Director · since 29 juillet 2019 · until 13 décembre 2025

Active

Ended mandates

Nigel Wood

Director · since 29 juillet 2019

Ended
Olivier Giverdon

Director · since 29 juillet 2019

Ended
Nigel Wood

Manager · since 18 octobre 2018

Ended
Oliver Giverdon

Manager · since 09 mai 2016

Ended

Other companies at this address

Beernemsteenweg 77 8750 Wingene
CompanyCBE no.
1STORE● Active
0761.633.904
B-PROJECTS● Active
0883.839.848
DERITRON● Active
0859.563.124
Farmabel● Active
0712.998.993
MINOTAUR SOLUTIONS● Active
0871.483.632
Salens● Active
0413.186.643

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 date08/06/202618/06/202520/06/202409/06/202329/06/202227/07/2021
General meeting18/05/202619/05/202521/05/202415/05/202331/05/202223/07/2021
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, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202518/05/202608/06/2026DutchPDF
Full model31/12/202419/05/202518/06/2025DutchPDF
Full model31/12/202321/05/202420/06/2024DutchPDF
Full model31/12/202215/05/202309/06/2023DutchPDF
Full model31/12/202131/05/202229/06/2022DutchPDF
Full model31/12/202023/07/202127/07/2021DutchPDF
Full model31/12/201918/09/202007/10/2020DutchPDF
Full model31/12/201820/05/201917/06/2019DutchPDF
Full model31/12/201722/05/201815/06/2018DutchPDF
Full model31/12/201615/05/201709/06/2017DutchPDF
Full model31/12/201517/05/201626/07/2016DutchPDF
Full model31/12/201430/06/201508/07/2015DutchPDF
Full model31/12/201319/05/201416/06/2014DutchPDF
Full model31/12/201229/06/201308/07/2013DutchPDF
Full model31/12/201130/06/201228/08/2012DutchPDF
Full model31/12/201030/06/201126/07/2011DutchPDF
Full model31/12/200917/05/201001/09/2010DutchPDF
Full model31/12/200829/06/200931/07/2009DutchPDF
Full model31/12/200730/06/200811/07/2008DutchPDF
Full modelCorrection31/12/200629/06/200726/10/2007DutchPDF
Full model31/12/200629/06/200731/08/2007DutchPDF

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 · 26 ended

Active mandates

Marc GERMERAAD

Director · since 12 décembre 2025

Active
Paolo DOLEZZAL

Director · since 31 juillet 2024

Active
Olivier GIVERDON

Director · since 29 juillet 2019 · until 13 décembre 2025

Active

Ended mandates

Nigel Wood

Director · since 29 juillet 2019

Ended
Olivier Giverdon

Director · since 29 juillet 2019

Ended
Nigel Wood

Manager · since 18 octobre 2018

Ended
Oliver Giverdon

Manager · since 09 mai 2016

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/09/2026
    Herbenoeming commissaris .
    PDF
  • Mandates02/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/09/2023
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates18/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring14/08/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring19/06/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    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 20251,1 M €↑
  2. 12/12/2025
    nominationMarc Germeraad — bestuurder
  3. 2024
    Annual accounts 2024639,8 k €↓
  4. 31/07/2024
    nominationPaolo DOLEZZAL — bestuurder
  5. 2023
    Annual accounts 20231,9 M €↓
  6. 24/11/2023
    nominationBrecht BUYSSCHAERT — vaste vertegenwoordiger (commissaris)
  7. 15/05/2023
    reconductionHenk VANDORPE — commissaris
  8. 2022
    Annual accounts 20222,7 M €↓
  9. 2021
    Annual accounts 20212,7 M €↑
  10. 2018
    Annual accounts 2018592,2 k €↑
  11. 2017
    Annual accounts 201725,2 k €↓
  12. 2016
    Annual accounts 2016803,8 k €↑
  13. 2015
    Annual accounts 2015678,5 k €↓
  14. 2014
    Annual accounts 2014914,4 k €↓
  15. 2013
    Annual accounts 20136 M €↑
  16. 2012
    Annual accounts 20125,8 M €↑
  17. 2011
    Annual accounts 20115,4 M €↓
  18. 2010
    Annual accounts 20105,4 M €↑
  19. 2009
    Annual accounts 20095,3 M €↑
  20. 2008
    Annual accounts 20084,4 M €↑
  21. 2007
    Annual accounts 20072,7 M €↑
  22. 2006
    Annual accounts 20061,8 M €
  23. 26/05/1977
    IncorporationPrivate limited company