ACTIVE

ANTWERP UNDERWATER SALVAGE

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Financial year 2025 · Closed on 31/12/2025

Net result-16 k €-488,7 %over 1 year

Gross margin111,8 k €-41,2 %over 1 year

Equity239,7 k €-6,3 %over 1 year

Workforce1,0 ETP

Identity

Source · BCE/KBO

ANTWERP UNDERWATER SALVAGE is a Public limited company incorporated in 1987. Its main activity is: Repair and maintenance of ships and boats. Its registered office is in Antwerpen. It employs on average 1,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0430.594.678
Incorporation: 23/03/1987
Legal form: Public limited company
Registered office: Asiadok-Westkaai 2
2030 Antwerpen · FlandreSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2025
Average workforce: 1,0 ETP

Activities (NACE)

33150Repair and maintenance of ships and boats· main 33150Repair and maintenance of ships and boats 35110Production of electricity 30110Building of ships and floating structures 30110Building of ships and floating structures 30120Building of pleasure and sporting boats+3

Joint committees (2)

111
2000

Contacts

2 public details availableLog in to view

Signals

Solid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	111,8 k €	-41.2%	190 k €	-13.4%	219,3 k €	+1008%	-24,2 k €	-183%	28,9 k €
EBITDA	64,5 k €	-20.3%	80,9 k €	-63.1%	218,9 k €	+128%	-789 k €	-2951%	27,7 k €
Operating result	-14,9 k €	-178%	19,2 k €	-88.2%	162,9 k €	+195%	-172,1 k €	-734%	27,1 k €
Net result	-16 k €	-489%	4,1 k €	-97.4%	161,2 k €	+193%	-173,4 k €	-653%	31,4 k €
Balance sheet
Equity	239,7 k €	-6.3%	255,7 k €	+1.6%	251,6 k €	+178%	90,4 k €	-65.7%	263,8 k €
Total assets	571,4 k €	-11.7%	647,4 k €	+34.0%	483 k €	+304%	119,6 k €	-55.5%	268,8 k €
Cash	72,2 k €	+2.5%	70,4 k €	-72.7%	258 k €	+1312%	18,3 k €	-61.6%	47,6 k €
Debts	331,7 k €	-15.3%	391,7 k €	+69.3%	231,4 k €	+693%	29,2 k €	+486%	5 k €
Other
Workforce	1,0 ETP		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 17 ended

Active mandates

Hans Cuylits

Director

Active

Ended mandates

Hans Cuylits

Director · since 21 octobre 2022

Ended

JONATHAN HOOZEE

Director · since 15 octobre 2011 · until 18 mai 2017

Ended

JONATHAN HOOZEE

Director · since 15 octobre 2011 · until 15 octobre 2017

Ended

GEORGES UITTERLINDEN

Managing director · since 30 juin 2011 · until 18 mai 2017

Ended

Other companies at this address

Asiadok-Westkaai 2 2030 Antwerpen

Company	CBE no.
EP PLANT● Active	0444.845.760
Flotille● Active	0828.594.784

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Micro 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	01/09/2026	09/03/2026	04/06/2024	02/08/2023	25/08/2022	27/08/2021
General meeting	30/06/2026	05/03/2026	16/05/2024	19/05/2023	19/05/2022	20/05/2021
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, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	01/09/2026	Dutch	PDF
Abridged model	31/12/2024	05/03/2026	09/03/2026	Dutch	PDF
Abridged model	31/12/2023	16/05/2024	04/06/2024	Dutch	PDF
Abridged model	31/12/2022	19/05/2023	02/08/2023	Dutch	PDF
Micro model	31/12/2021	19/05/2022	25/08/2022	Dutch	PDF
Micro model	31/12/2020	20/05/2021	27/08/2021	Dutch	PDF
Micro model	31/12/2019	22/05/2020	30/11/2020	Dutch	PDF
Micro model	31/12/2018	16/05/2019	24/07/2019	Dutch	PDF
Micro model	31/12/2016	18/05/2017	07/11/2017	Dutch	PDF
Abridged model	31/12/2015	19/05/2016	04/08/2016	Dutch	PDF
Abridged model	31/12/2014	21/05/2015	05/08/2015	Dutch	PDF
Abridged model	31/12/2013	15/05/2014	22/08/2014	Dutch	PDF
Abridged model	31/12/2012	16/05/2013	12/08/2013	Dutch	PDF
Abridged model	31/12/2011	18/05/2012	26/11/2012	Dutch	PDF
Abridged model	31/12/2010	19/05/2011	25/08/2011	Dutch	PDF
Abridged model	31/12/2009	20/05/2010	30/08/2010	Dutch	PDF
Abridged model	31/12/2008	22/05/2009	12/11/2009	Dutch	PDF
Abridged model	31/12/2007	15/05/2008	30/09/2008	Dutch	PDF
Abridged model	31/12/2006	21/06/2007	30/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 17 ended

Active mandates

Hans Cuylits

Director

Active

Ended mandates

Hans Cuylits

Director · since 21 octobre 2022

Ended

JONATHAN HOOZEE

Director · since 15 octobre 2011 · until 18 mai 2017

Ended

JONATHAN HOOZEE

Director · since 15 octobre 2011 · until 15 octobre 2017

Ended

GEORGES UITTERLINDEN

Managing director · since 30 juin 2011 · until 18 mai 2017

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office18/04/2025
MAATSCHAPPELIJKE ZETEL
PDF
Registered office22/08/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates09/11/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/07/2022
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/10/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/10/2012
ONTSLAGEN - BENOEMINGEN
PDF
Other18/01/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates23/04/2010
ONTSLAGEN - BENOEMINGEN
PDF

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

See the Business plan

Timeline

2025
Annual accounts 2025-16 k €↓
2024
Annual accounts 20244,1 k €↓
2023
Annual accounts 2023161,2 k €↑
2022
Annual accounts 2022-173,4 k €↓
2022
Name changeANTWERP UNDERWATER SALVAGE
2021
Annual accounts 202131,4 k €↑
2021
Name changeDSU Diving Association
2020
Annual accounts 202020,9 k €↓
2019
Annual accounts 201948,5 k €↑
2018
Annual accounts 201840 k €↑
2016
Annual accounts 2016-25,8 k €↓
2015
Annual accounts 20157,2 k €↓
2014
Annual accounts 201414,6 k €↓
2013
Annual accounts 201335,7 k €↑
2012
Annual accounts 20125,6 k €↓
2011
Annual accounts 201119,4 k €↑
2010
Annual accounts 201014,2 k €↓
2009
Annual accounts 200917,1 k €↑
2008
Annual accounts 200815,7 k €↓
2007
Annual accounts 200715,9 k €↑
2006
Annual accounts 200615,3 k €
23/03/1987
IncorporationPublic limited company

ANTWERP UNDERWATER SALVAGE

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