ACTIVE

ROBERT WALTERS

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Financial year 2024 · closed on 31/12/2024

Net result

2,3 M €

+49.1% YoY

Revenue

26,7 M €

+28.3% YoY

Equity

7,1 M €

+4.5% YoY

Workforce

41,6 ETP

-11.5% YoY

What does ROBERT WALTERS do?

ROBERT WALTERS is a Public limited company incorporated in 1995. Its registered office is in Ixelles. It employs on average 41,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0455.995.614

Incorporation

01/10/1995

Legal form

Public limited company

Registered office

Avenue Louise 326
1050 Ixelles · BruxellesSee on map

Contributed capital

1 438 394,42 €

Latest accounts

31/12/2024

Average workforce

41,6 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	26,7 M €	+28.3%	20,8 M €	+23.2%	16,9 M €	+25.0%	13,5 M €	+12.0%	12,1 M €	-17.1%	14,5 M €	+0.7%	14,4 M €	+31.7%	11 M €	+18.4%	9,3 M €	+1.5%	9,1 M €	+26.3%	7,2 M €	+34.0%	5,4 M €	+17.1%	4,6 M €	+20.2%	3,8 M €	-18.7%	4,7 M €	+21.4%	3,9 M €	-47.5%	7,4 M €	-27.3%	10,2 M €	+21.8%	8,4 M €
EBITDA	3,1 M €	+47.1%	2,1 M €	+87.0%	1,1 M €	-14.0%	1,3 M €	+13.1%	1,2 M €	-10.4%	1,3 M €	+25.7%	1 M €	+146%	422,8 k €	+48.5%	284,7 k €	-42.6%	496,3 k €	+166%	186,8 k €	+3530%	-5,4 k €	+93.7%	-86,1 k €	-281%	47,6 k €	-65.3%	137,3 k €	+136%	-383,1 k €	-143%	887,4 k €	-43.6%	1,6 M €	+189%	544,8 k €
Operating result	3,1 M €	+47.4%	2,1 M €	+99.6%	1 M €	-20.1%	1,3 M €	+21.0%	1,1 M €	-14.4%	1,3 M €	+24.7%	1 M €	+152%	403,6 k €	+31.4%	307,2 k €	-35.2%	474,3 k €	+213%	151,5 k €	+374%	-55,3 k €	+44.6%	-99,9 k €	-384%	35,1 k €	-68.8%	112,6 k €	+129%	-390,3 k €	-143%	909,2 k €	-40.2%	1,5 M €	+222%	471,9 k €
Net result	2,3 M €	+49.1%	1,5 M €	+105%	746,1 k €	-21.9%	955,1 k €	+21.2%	787,8 k €	-7.4%	850,5 k €	+23.4%	689,5 k €	+228%	210,5 k €	+16.9%	180,1 k €	-52.7%	381 k €	+157%	148,4 k €	+641%	-27,4 k €	+69.4%	-89,7 k €	-229%	69,4 k €	-49.8%	138,3 k €	+133%	-425,1 k €	-167%	635,3 k €	-32.1%	935,1 k €	+253%	264,7 k €
Balance sheet
Equity	7,1 M €	+4.5%	6,8 M €	+29.1%	5,3 M €	-16.7%	6,3 M €	+17.8%	5,4 M €	-8.7%	5,9 M €	+16.9%	5 M €	+15.9%	4,3 M €	+5.1%	4,1 M €	+4.6%	3,9 M €	+10.7%	3,6 M €	+4.3%	3,4 M €	-0.8%	3,4 M €	-2.5%	3,5 M €	+2.0%	3,5 M €	+4.2%	3,3 M €	-11.3%	3,8 M €	+20.4%	3,1 M €	+42.8%	2,2 M €
Total assets	10,9 M €	+10.3%	9,9 M €	+26.0%	7,9 M €	-12.5%	9 M €	+21.5%	7,4 M €	-8.2%	8 M €	+14.3%	7 M €	+6.1%	6,6 M €	+24.0%	5,4 M €	-0.3%	5,4 M €	+12.3%	4,8 M €	+12.2%	4,3 M €	+4.3%	4,1 M €	+1.4%	4 M €	+1.9%	4 M €	+1.3%	3,9 M €	-12.8%	4,5 M €	-1.0%	4,5 M €	+23.5%	3,7 M €
Cash	1,5 M €	+7.9%	1,4 M €	+7.7%	1,3 M €	+7.7%	1,2 M €	+21.4%	1 M €	-13.4%	1,2 M €	+19.7%	968,1 k €	-1.2%	980,1 k €	-0.8%	988,3 k €	+0.8%	980,4 k €	+8.9%	900,2 k €	+16.8%	770,9 k €	+22.4%	629,9 k €	-67.9%	2 M €	-10.8%	2,2 M €	+6.7%	2,1 M €	-15.8%	2,4 M €	+101%	1,2 M €	+115%	568,3 k €
Debts	3,8 M €	+23.0%	3,1 M €	+19.6%	2,6 M €	-2.5%	2,6 M €	+36.4%	1,9 M €	-6.2%	2,1 M €	+3.2%	2 M €	-12.4%	2,3 M €	+91.8%	1,2 M €	-11.7%	1,4 M €	+12.5%	1,2 M €	+53.4%	784,1 k €	+34.5%	583,2 k €	+26.8%	459,9 k €	+53.0%	300,5 k €	-41.8%	516,7 k €	-28.5%	723,1 k €	-45.0%	1,3 M €	-7.1%	1,4 M €
Other
Workforce	41,6 ETP	-11.5%	47,0 ETP	+3.5%	45,4 ETP	+26.8%	35,8 ETP	+6.5%	33,6 ETP	-5.4%	35,5 ETP	+36.5%	26,0 ETP	-2.6%	26,7 ETP	+16.6%	22,9 ETP	-3.8%	23,8 ETP	+0.4%	23,7 ETP	+26.1%	18,8 ETP	+31.5%	14,3 ETP	+2.1%	14,0 ETP	+9.4%	12,8 ETP	-17.9%	15,6 ETP	-24.6%	20,7 ETP	+15.0%	18,0 ETP	-28.9%	25,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 32 ended

Active mandates

Johanna Bokhorst

Director · since 02 décembre 2024 · until 26 avril 2030

Active

Adam McDonnell

Director · since 04 septembre 2023 · until 26 avril 2030

Active

Rob Vermaak

Director · since 18 juillet 2017 · until 02 décembre 2024

Active

Ended mandates

Adam McDonnell

Director · since 04 septembre 2023 · until 27 avril 2029

Ended

Rob Vermaak

Director · since 18 juillet 2017 · until 22 avril 2022

Ended

Rob Vermaak

Director · since 18 juillet 2017 · until 30 juin 2022

Ended

Rob Vermaak

Director · since 18 juillet 2017 · until 28 avril 2028

Ended

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Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/08/2025	28/06/2024	30/06/2023	07/07/2022	01/07/2021	15/09/2020
General meeting	29/08/2025	27/06/2024	23/06/2023	30/06/2022	28/06/2021	04/09/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	29/08/2025	30/08/2025	French	PDF
Full model	31/12/2023	27/06/2024	28/06/2024	French	PDF
Full model	31/12/2022	23/06/2023	30/06/2023	French	PDF
Full model	31/12/2021	30/06/2022	07/07/2022	French	PDF
Full model	31/12/2020	28/06/2021	01/07/2021	French	PDF
Full model	31/12/2019	04/09/2020	15/09/2020	French	PDF
Full model	31/12/2018	18/11/2019	30/12/2019	French	PDF
Full model	31/12/2017	22/06/2018	13/07/2018	French	PDF
Full model	31/12/2016	15/09/2017	29/09/2017	French	PDF
Full model	31/12/2015	30/08/2016	31/08/2016	French	PDF
Full model	31/12/2014	21/08/2015	17/09/2015	French	PDF
Full model	31/12/2013	25/09/2014	26/09/2014	French	PDF
Full model	31/12/2012	28/06/2013	01/07/2013	French	PDF
Full model	31/12/2011	27/04/2012	09/05/2012	French	PDF
Full model	31/12/2010	31/05/2011	07/06/2011	French	PDF
Full model	31/12/2009	23/04/2010	02/06/2010	French	PDF
Full model	31/12/2008	10/09/2009	16/09/2009	French	PDF
Full model	31/12/2007	15/12/2008	28/01/2009	French	PDF
Full model	31/12/2006	15/05/2007	17/07/2007	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 32 ended

Active mandates

Johanna Bokhorst

Director · since 02 décembre 2024 · until 26 avril 2030

Active

Adam McDonnell

Director · since 04 septembre 2023 · until 26 avril 2030

Active

Rob Vermaak

Director · since 18 juillet 2017 · until 02 décembre 2024

Active

Ended mandates

Adam McDonnell

Director · since 04 septembre 2023 · until 27 avril 2029

Ended

Rob Vermaak

Director · since 18 juillet 2017 · until 22 avril 2022

Ended

Rob Vermaak

Director · since 18 juillet 2017 · until 30 juin 2022

Ended

Rob Vermaak

Director · since 18 juillet 2017 · until 28 avril 2028

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/01/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates31/03/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates09/10/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates21/02/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates21/08/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates03/07/2019
DEMISSIONS, NOMINATIONS
PDF
Registered office07/11/2018
SIEGE SOCIAL
PDF
Mandates12/04/2018
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2024
Annual accounts 20242,3 M €↑
2023
Annual accounts 20231,5 M €↑
2022
Annual accounts 2022746,1 k €↓
2021
Annual accounts 2021955,1 k €↑
2020
Annual accounts 2020787,8 k €↓
2019
Annual accounts 2019850,5 k €↑
2018
Annual accounts 2018689,5 k €↑
2017
Annual accounts 2017210,5 k €↑
2016
Annual accounts 2016180,1 k €↓
2015
Annual accounts 2015381 k €↑
2014
Annual accounts 2014148,4 k €↑
2013
Annual accounts 2013-27,4 k €↑
2012
Annual accounts 2012-89,7 k €↓
2011
Annual accounts 201169,4 k €↓
2010
Annual accounts 2010138,3 k €↑
2009
Annual accounts 2009-425,1 k €↓
2008
Annual accounts 2008635,3 k €↓
2007
Annual accounts 2007935,1 k €↑
2006
Annual accounts 2006264,7 k €
01/10/1995
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ROBERT WALTERS

Overview

What does ROBERT WALTERS do?

Trend over 19 financial years

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