ACTIVE

NAVITEC

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Financial year 2025 · Closed on 30/09/2025

Net result-122,5 k €-178,5 %over 1 year
Gross margin3,4 M €-23,8 %over 1 year
Equity1,7 M €-6,9 %over 1 year
Workforce39,4 ETP+0,5 %over 1 year

Identity

Source · BCE/KBO

NAVITEC is a Public limited company incorporated in 1978. Its main activity is: Building of ships and floating structures. Its registered office is in Antwerpen. It employs on average 39,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0418.981.503
Incorporation
21/12/1978
Legal form
Public limited company
Registered office
Emdenweg 11
2030 Antwerpen · FlandreSee on map
Contributed capital
500 000,00 €
Latest accounts
30/09/2025
Average workforce
39,4 ETP
Joint committees (5)
  • 111
  • 11101
  • 209
  • 20900
  • 210
Signals
Solid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 17 financial years

20252024202320222021
Income statement
Gross margin3,4 M €4,4 M €3,9 M €3,3 M €2,9 M €
EBITDA248 k €1,2 M €1,3 M €744,2 k €850,1 k €
Operating result-53 k €827,3 k €1,1 M €540,5 k €616,1 k €
Net result-122,5 k €156,1 k €799 k €416,8 k €461,3 k €
Balance sheet
Equity1,7 M €1,8 M €2,6 M €1,8 M €1,8 M €
Total assets5,4 M €5,3 M €6,4 M €5,5 M €4 M €
Cash686,1 k €972,3 k €1,3 M €1,9 M €910,7 k €
Debts3,1 M €2,8 M €3 M €3 M €2,2 M €
Other
Workforce39,4 ETP39,2 ETP35,8 ETP37,3 ETP32,6 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 30/09/2025

4 active · 9 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
ADFINCO0828.414.246Represented by Kris Van den Houte
Director20/02/2025 → 29/03/2030
CAERUS0834.842.673Represented by Roel Van de Water
Director09/04/2024 → 29/03/2030
H2O Invest0722.545.377Represented by Kurt Vernimmen
Managing director20/02/2025 → 29/03/2030Director28/03/2019 → 2020 accountsended
MAJO INVEST0819.610.210Represented by Joris Van de Water
Director16/01/2013 → 29/03/2030Administrator - manager01/01/2010 → 2011 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Joris Van de Water
Managing director28/03/2019 → 2024 accounts
Marianne Remon
Director28/03/2019 → 09/04/2024

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/04/202609/04/202512/04/202421/04/202320/04/202219/04/2021
General meeting27/03/202628/03/202529/03/202431/03/202325/03/202226/03/2021
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 model30/09/202527/03/202622/04/2026DutchPDF
Abridged model30/09/202428/03/202509/04/2025DutchPDF
Abridged model30/09/202329/03/202412/04/2024DutchPDF
Abridged model30/09/202231/03/202321/04/2023DutchPDF
Abridged model30/09/202125/03/202220/04/2022DutchPDF
Abridged model30/09/202026/03/202119/04/2021DutchPDF
Abridged model30/09/201927/03/202022/04/2020DutchPDF
Full model30/09/201829/03/201903/04/2019DutchPDF
Full model30/09/201701/03/201820/03/2018DutchPDF
Full model30/09/201602/03/201729/03/2017DutchPDF
Full model30/09/201503/03/201625/03/2016DutchPDF
Full model30/09/201420/03/201514/04/2015DutchPDF
Full model30/09/201324/03/201418/04/2014DutchPDF
Full model31/12/201213/06/201326/08/2013DutchPDF
Full model31/12/201104/06/201208/08/2012DutchPDF
Full model31/12/201006/06/201118/08/2011DutchPDF
Full model31/12/200909/06/201027/08/2010DutchPDF
Full model31/12/200801/06/200928/08/2009DutchPDF
Full model31/12/200702/06/200829/08/2008DutchPDF
Abridged model31/12/200605/06/200724/08/2007DutchPDF

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 30/09/2025

4 active · 9 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
ADFINCO0828.414.246Represented by Kris Van den Houte
Director20/02/2025 → 29/03/2030
CAERUS0834.842.673Represented by Roel Van de Water
Director09/04/2024 → 29/03/2030
H2O Invest0722.545.377Represented by Kurt Vernimmen
Managing director20/02/2025 → 29/03/2030Director28/03/2019 → 2020 accountsended
MAJO INVEST0819.610.210Represented by Joris Van de Water
Director16/01/2013 → 29/03/2030Administrator - manager01/01/2010 → 2011 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Joris Van de Water
Managing director28/03/2019 → 2024 accounts
Marianne Remon
Director28/03/2019 → 09/04/2024

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring01/12/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring27/08/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates10/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring28/11/2023
    BENAMING - DOEL - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring23/08/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates23/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/04/2018
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings17 filings
Mandates
H2O Invest
MAJO INVEST
ADFINCO
CAERUS
STERHOEK
Marianne Remon
Joris Van de Water
HYE N.V.
RAPTOR
VEFO
Marc HAENTJESN
Marc HAENTJENS
19781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030
NAVITECNAVITEC MARINE SERVICES
Emdenweg 11, 2030 Antwerp-2030Emdenweg Kaai 17, 215, 2030 Antwerp-2030
Managing directorDirector
DirectorAdministrator - manager
Director
Director
Director
Director
Managing director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Emdenweg 11, 2030 Antwerp-2030Current
accounts 2024 → 2025
Accounts 2025 · 2026-00085559
Emdenweg Kaai 17, 215, 2030 Antwerp-2030
accounts 2021 → 2023
Accounts 2023 · 2024-00062529

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
NAVITECCurrent
accounts 2024 → 2025
Accounts 2025 · 2026-00085559
NAVITEC MARINE SERVICES
accounts 2021 → 2023
Accounts 2023 · 2024-00062529

Events

  1. 2025
    Annual accounts 2025-122,5 k €↓
  2. 2024
    Annual accounts 2024156,1 k €↓
  3. 2024
    Name changeNAVITEC
  4. 2023
    Annual accounts 2023799 k €↑
  5. 2022
    Annual accounts 2022416,8 k €↓
  6. 2021
    Annual accounts 2021461,3 k €↓
  7. 2018
    Annual accounts 2018645,8 k €↑
  8. 2017
    Annual accounts 2017483,8 k €↑
  9. 2016
    Annual accounts 2016145,5 k €↑
  10. 2015
    Annual accounts 201579,3 k €↓
  11. 2013
    Annual accounts 2013186,1 k €↓
  12. 2012
    Annual accounts 2012252,9 k €↓
  13. 2011
    Annual accounts 2011782,8 k €↑
  14. 2010
    Annual accounts 2010496 k €↑
  15. 2009
    Annual accounts 2009442,5 k €↓
  16. 2008
    Annual accounts 20081,5 M €↑
  17. 2007
    Annual accounts 20071,2 M €↑
  18. 2006
    Annual accounts 2006609 k €
  19. 21/12/1978
    IncorporationPublic limited company