ACTIVE

HERBERT WATSON (BELGIUM)

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Financial year 2025 · Closed on 31/12/2025

Net result4,9 k €-87,9 %over 1 year

Gross margin359,8 k €+11,3 %over 1 year

Equity1,1 M €+0,4 %over 1 year

Workforce1,9 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

HERBERT WATSON (BELGIUM) is a Public limited company incorporated in 1981. Its main activity is: Cargo handling. Its registered office is in Antwerpen. It employs on average 1,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0421.495.187
Incorporation: 15/04/1981
Legal form: Public limited company
Registered office: Boerendijk 27
2180 Antwerpen · FlandreSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2025
Average workforce: 1,9 ETP

Activities (NACE)

52241Cargo handling· main 52241Cargo handling 52250Support activities for transportation 52290Other transportation support activities 63111Data processing, hosting and related activities 63401Information service activities+3

Joint committees (2)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	359,8 k €	+11.3%	323,1 k €	+19.9%	269,5 k €	+19.6%	225,3 k €	-6.5%	241 k €
EBITDA	151,7 k €	+13.3%	133,9 k €	+57.2%	85,1 k €	+56.5%	54,4 k €	-31.8%	79,8 k €
Operating result	55,8 k €	-47.8%	106,8 k €	+65.4%	64,6 k €	+104%	31,7 k €	-45.8%	58,5 k €
Net result	4,9 k €	-87.9%	40,6 k €	+93.4%	21 k €	+155%	8,2 k €	-61.7%	21,5 k €
Balance sheet
Equity	1,1 M €	+0.4%	1,1 M €	+166%	408 k €	+5.4%	387 k €	+237%	114,8 k €
Total assets	1,9 M €	+12.3%	1,7 M €	+29.8%	1,3 M €	+14.6%	1,2 M €	+7.7%	1,1 M €
Cash	86,9 k €	+24.0%	70,1 k €	+14.3%	61,3 k €	+3.1%	59,5 k €	+14.9%	51,7 k €
Debts	847,1 k €	+32.6%	638,7 k €	-30.5%	919,2 k €	+19.2%	771,1 k €	-19.7%	960,2 k €
Other
Workforce	1,9 ETP	0.0%	1,9 ETP	0.0%	1,9 ETP	0.0%	1,9 ETP	0.0%	1,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Karel Geerts	Directorsince 15/10/1990Managing director05/06/2007 → 2011 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jan Geerts	Director05/06/2007 → 2009 accounts
Maria Van Broeckhoven	Director05/06/2007 → 2011 accountsManaging director05/06/2007 → 2009 accounts

Other companies at this address

Boerendijk 27 2180 Antwerpen

Company	CBE no.
I - CLEARING● Active	0477.996.303
OGS INTERNATIONAL● Active	0806.168.978
WATSON GLOBAL LOGISTICS● Active	0444.365.017

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/07/2026	04/08/2025	01/07/2024	05/07/2023	29/07/2022	09/07/2021
General meeting	02/06/2026	30/06/2025	20/06/2024	06/06/2023	07/06/2022	01/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	02/06/2026	20/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	04/08/2025	Dutch	PDF
Abridged model	31/12/2023	20/06/2024	01/07/2024	Dutch	PDF
Abridged model	31/12/2022	06/06/2023	05/07/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	29/07/2022	Dutch	PDF
Abridged model	31/12/2020	01/06/2021	09/07/2021	Dutch	PDF
Abridged model	31/12/2019	02/06/2020	17/07/2020	Dutch	PDF
Abridged model	31/12/2018	04/06/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	05/06/2018	16/07/2018	Dutch	PDF
Abridged model	31/12/2016	06/06/2017	12/07/2017	Dutch	PDF
Abridged model	31/12/2015	07/06/2016	21/06/2016	Dutch	PDF
Abridged model	31/12/2014	02/06/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	03/06/2014	13/08/2014	Dutch	PDF
Abridged model	31/12/2012	04/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	05/06/2012	09/07/2012	Dutch	PDF
Abridged model	31/12/2010	07/06/2011	29/08/2011	Dutch	PDF
Abridged model	31/12/2009	01/06/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	15/06/2009	Dutch	PDF
Abridged modelCorrection	31/12/2007	03/06/2008	12/09/2008	Dutch	PDF
Abridged model	31/12/2007	03/06/2008	22/08/2008	Dutch	PDF
Abridged model	31/12/2006	05/06/2007	06/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Karel Geerts	Directorsince 15/10/1990Managing director05/06/2007 → 2011 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jan Geerts	Director05/06/2007 → 2009 accounts
Maria Van Broeckhoven	Director05/06/2007 → 2011 accountsManaging director05/06/2007 → 2009 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates26/10/2023
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates07/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/01/2016
Herbenoeming bestuurders
PDF
Mandates31/12/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/01/2012
ONTSLAGEN - BENOEMINGEN
PDF
Other03/08/2007
Bekendmaking i
PDF
Registered office08/11/2004
MAATSCHAPPELIJKE ZETEL
PDF
Mandates04/11/2002
ONTSLAGEN - BENOEMINGEN
PDF

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

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Karel Geerts

Jan Geerts

Maria Van Broeckhoven

1981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Herbert Watson

Boerendijk 27, 2180 Ekeren (Antwerp)

DirectorManaging director

Director

DirectorManaging director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Boerendijk 27, 2180 Ekeren (Antwerp)Current	accounts 2021 → 2025	Accounts 2025 · 2026-00310599

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
HERBERT WATSON (BELGIUM)Current		CBE
Herbert Watson	accounts 2021 → 2025	Accounts 2025 · 2026-00310599

Events

2025
Annual accounts 20254,9 k €↓
2024
Annual accounts 202440,6 k €↑
2023
Annual accounts 202321 k €↑
2022
Annual accounts 20228,2 k €↓
2021
Annual accounts 202121,5 k €↑
2020
Annual accounts 20201,4 k €↑
2019
Annual accounts 2019321,2 €↓
2018
Annual accounts 20188 k €↑
2017
Annual accounts 20173,6 k €↓
2016
Annual accounts 20166,9 k €↑
2015
Annual accounts 20153,7 k €↑
2014
Annual accounts 2014-6 k €↓
2013
Annual accounts 20132,8 k €↓
2012
Annual accounts 20127 k €↑
2011
Annual accounts 201166 €↓
2010
Annual accounts 201010,1 k €↑
2009
Annual accounts 2009-33,7 k €↓
2008
Annual accounts 200812,5 k €↑
2007
Annual accounts 20077,5 k €↑
2006
Annual accounts 20063,5 k €
15/04/1981
IncorporationPublic limited company

HERBERT WATSON (BELGIUM)

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events