ACTIVE

Limburgse Waterdichtingswerken

Financial year 2026 · Closed on 31/03/2026

Net result42,7 k €-19,1 %over 1 year
Gross margin696,7 k €+14,5 %over 1 year
Equity445 k €+2,5 %over 1 year

Identity

Source · BCE/KBO

Limburgse Waterdichtingswerken is a Public limited company incorporated in 1989. Its main activity is: Construction of buildings. Its registered office is in Nieuwerkerken (Limb.).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0440.004.074
Incorporation
21/12/1989
Legal form
Public limited company
Registered office
Ambachtstraat 1129
3850 Nieuwerkerken (Limb.) · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/03/2026
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20262025202420232022
Income statement
Gross margin696,7 k €608,5 k €365,9 k €372,7 k €454,5 k €
EBITDA144,7 k €168,5 k €102,2 k €108,3 k €155,5 k €
Operating result73,2 k €98,1 k €33,6 k €41,1 k €96,1 k €
Net result42,7 k €52,8 k €8,2 k €13,6 k €67,4 k €
Balance sheet
Equity445 k €434,3 k €381,4 k €391,3 k €391,7 k €
Total assets900,9 k €904,6 k €1 M €1,2 M €1 M €
Cash34,2 k €25,3 k €82,4 k €71,3 k €57,9 k €
Debts455,5 k €470,4 k €633 k €801,1 k €618,3 k €
Other
Workforce–6,1 ETP6,2 ETP6,7 ETP6,8 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 31/03/2026

2 active · 18 ended

Active mandates

Marc Victor Secretin

Director

Active
Tom Secretin

Managing director

Active

Ended mandates

Marc. SECRETIN

Director · since 20 juin 2022

Ended
Tom SECRETIN

Managing director · since 20 juin 2022

Ended
Marc Secretin

Managing director · since 19 décembre 2018 · until 19 décembre 2024

Ended
Marleen Benaets

Director · since 19 décembre 2018 · until 19 décembre 2024

Ended

Full financial information

Source · NBB
202620252024202320222021
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/03/202631/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/07/202603/07/202528/06/202430/08/202328/06/202209/07/2021
General meeting20/06/202620/06/202520/06/202430/08/202320/06/202220/06/2021
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
Micro model31/03/202620/06/202616/07/2026DutchPDF
Abridged model31/03/202520/06/202503/07/2025DutchPDF
Abridged model31/03/202420/06/202428/06/2024DutchPDF
Abridged model31/03/202330/08/202330/08/2023DutchPDF
Abridged model31/03/202220/06/202228/06/2022DutchPDF
Abridged model31/03/202120/06/202109/07/2021DutchPDF
Abridged model31/03/202020/06/202016/07/2020DutchPDF
Abridged model31/03/201920/06/201904/09/2019DutchPDF
Abridged model31/03/201820/06/201809/04/2019DutchPDF
Abridged model31/03/201720/06/201723/11/2017DutchPDF
Abridged model31/03/201620/06/201601/09/2016DutchPDF
Abridged model31/03/201520/06/201531/08/2015DutchPDF
Abridged model31/03/201420/06/201426/11/2014DutchPDF
Abridged model31/03/201320/06/201326/09/2013DutchPDF
Abridged model31/03/201220/06/201219/09/2012DutchPDF
Abridged model31/03/201120/06/201102/11/2011DutchPDF
Abridged model31/03/201020/06/201004/11/2010DutchPDF
Abridged model31/03/200920/06/200914/08/2009DutchPDF
Abridged model31/03/200820/06/200808/07/2008DutchPDF
Abridged model31/03/200720/06/200721/08/2007DutchPDF

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 31/03/2026

2 active · 18 ended

Active mandates

Marc Victor Secretin

Director

Active
Tom Secretin

Managing director

Active

Ended mandates

Marc. SECRETIN

Director · since 20 juin 2022

Ended
Tom SECRETIN

Managing director · since 20 juin 2022

Ended
Marc Secretin

Managing director · since 19 décembre 2018 · until 19 décembre 2024

Ended
Marleen Benaets

Director · since 19 décembre 2018 · until 19 décembre 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/01/2024
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/10/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares27/07/2018
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares25/03/2014
    KAPITAAL - AANDELEN
    PDF
  • Mandates27/11/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/01/2007
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2026
    Annual accounts 202642,7 k €↓
  2. 2025
    Annual accounts 202552,8 k €↑
  3. 2024
    Annual accounts 20248,2 k €↓
  4. 2023
    Annual accounts 202313,6 k €↓
  5. 2022
    Annual accounts 202267,4 k €↑
  6. 2021
    Annual accounts 202117,8 k €↑
  7. 2020
    Annual accounts 202016,1 k €↓
  8. 2019
    Annual accounts 201917,8 k €↓
  9. 2018
    Annual accounts 201819,5 k €↑
  10. 2017
    Annual accounts 201715,6 k €↓
  11. 2016
    Annual accounts 201629,2 k €↓
  12. 2015
    Annual accounts 201560,6 k €↑
  13. 2014
    Annual accounts 201418,3 k €↓
  14. 2013
    Annual accounts 201361,2 k €↑
  15. 2012
    Annual accounts 201225,7 k €↓
  16. 2011
    Annual accounts 201156,6 k €↑
  17. 2010
    Annual accounts 2010-340 €↑
  18. 2009
    Annual accounts 2009-13,7 k €↓
  19. 2008
    Annual accounts 200812,2 k €↓
  20. 2007
    Annual accounts 200719,6 k €
  21. 21/12/1989
    IncorporationPublic limited company