ACTIVE

WATTS ON

Financial year 2024 · Closed on 31/12/2024

Net result
25 k €
-47,7 %over 1 year
Gross margin
59,2 k €
-6,4 %over 1 year
Equity
-29 k €
+46,4 %over 1 year

Identity

Source · BCE/KBO

WATTS ON is a Private limited company incorporated in 1997. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Deinze.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0461.480.963
Incorporation
19/09/1997
Legal form
Private limited company
Registered office
Gaversesteenweg 55
9800 Deinze · FlandreSee on map
Contributed capital
22 000,01 €
Latest accounts
31/12/2024
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 18 filings

Trend over 18 financial years

20242023202220212020
Income statement
Gross margin59,2 k €63,3 k €45,8 k €-13,3 k €12,9 k €
EBITDA58 k €61,5 k €44,7 k €-15,9 k €11,4 k €
Operating result33 k €59,1 k €36,8 k €-42,6 k €-5,4 k €
Net result25 k €47,8 k €26,6 k €-52,5 k €-14,2 k €
Balance sheet
Equity-29 k €-54 k €-101,8 k €-128,4 k €-75,9 k €
Total assets139,5 k €115,9 k €165,4 k €143,9 k €216,3 k €
Cash59,2 k €14,9 k €20,9 k €4 k €8,6 k €
Debts168,5 k €169,7 k €267,2 k €272,3 k €292,1 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 3 ended

Active mandates

Bart Bracke

Director

Active
LARD VANOBBERGEN

Director

Active

Ended mandates

Bart Bracke

Director · since 21 janvier 2020

Ended
LARD VANOBBERGEN

Manager · since 12 octobre 2006

Ended
Lard Vanobbergen

Manager

Ended

Other companies at this address

Gaversesteenweg 55 9800 Deinze
CompanyCBE no.
BELGA TRADE● Active
0897.840.908
0445.025.508

Full financial information

Source · NBB
202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/08/202531/08/202431/08/202318/08/202230/08/202131/07/2020
General meeting26/05/202526/05/202426/05/202327/05/202226/05/202126/05/2020
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, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202426/05/202530/08/2025DutchPDF
Micro model31/12/202326/05/202431/08/2024DutchPDF
Micro model31/12/202226/05/202331/08/2023DutchPDF
Micro model31/12/202127/05/202218/08/2022DutchPDF
Micro model31/12/202026/05/202130/08/2021DutchPDF
Micro model31/12/201926/05/202031/07/2020DutchPDF
Micro model31/12/201826/05/201918/07/2019DutchPDF
Micro model31/12/201726/05/201830/07/2018DutchPDF
Micro model31/12/201626/05/201729/09/2017DutchPDF
Abridged model31/12/201526/05/201605/10/2016DutchPDF
Abridged model31/12/201430/06/201531/07/2015DutchPDF
Abridged model31/12/201330/06/201423/07/2014DutchPDF
Abridged model31/12/201227/05/201310/10/2013DutchPDF
Abridged model31/12/201130/06/201202/07/2012DutchPDF
Abridged model31/12/201030/06/201105/07/2011DutchPDF
Abridged model31/12/200930/06/201004/08/2010DutchPDF
Abridged model31/12/200826/05/200925/06/2009DutchPDF
Abridged model30/06/200716/11/200728/11/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/12/2024

2 active · 3 ended

Active mandates

Bart Bracke

Director

Active
LARD VANOBBERGEN

Director

Active

Ended mandates

Bart Bracke

Director · since 21 janvier 2020

Ended
LARD VANOBBERGEN

Manager · since 12 octobre 2006

Ended
Lard Vanobbergen

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates24/01/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office01/02/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office26/04/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office20/05/2008
    MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates30/11/2006
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 202425 k €↓
  2. 2023
    Annual accounts 202347,8 k €↑
  3. 2022
    Annual accounts 202226,6 k €↑
  4. 2021
    Annual accounts 2021-52,5 k €↓
  5. 2020
    Annual accounts 2020-14,2 k €↑
  6. 2019
    Annual accounts 2019-18,1 k €↑
  7. 2018
    Annual accounts 2018-50,6 k €↑
  8. 2017
    Annual accounts 2017-77,9 k €↑
  9. 2016
    Annual accounts 2016-89,4 k €↓
  10. 2015
    Annual accounts 20152,3 k €↓
  11. 2014
    Annual accounts 20149,4 k €↑
  12. 2013
    Annual accounts 2013-35,5 k €↓
  13. 2012
    Annual accounts 201218,7 k €↓
  14. 2011
    Annual accounts 2011108,5 k €↑
  15. 2010
    Annual accounts 201027,6 k €↑
  16. 2009
    Annual accounts 2009-17,9 k €↓
  17. 2008
    Annual accounts 200844,1 k €↑
  18. 2007
    Annual accounts 2007-2,8 k €
  19. 19/09/1997
    IncorporationPrivate limited company