ACTIVE

AIRWATEC

Financial year 2025 · Closed on 31/12/2025

Net result
1,9 M €
-21,8 %over 1 year
Revenue
14 M €
+10,0 %over 1 year
Equity
4,9 M €
-40,5 %over 1 year
Workforce
27,3 ETP
+6,2 %over 1 year

Identity

Source · BCE/KBO

AIRWATEC is a Public limited company incorporated in 1998. Its registered office is in Eupen. It employs on average 27,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0464.530.129
Incorporation
05/11/1998
Legal form
Public limited company
Registered office
Rue Haute 104
4700 Eupen · WallonieSee on map
Contributed capital
249 000,00 €
Latest accounts
31/12/2025
Average workforce
27,3 ETP
Joint committees (2)
  • 116
  • 207
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue14 M €12,8 M €11,6 M €11,6 M €11,5 M €
EBITDA2,9 M €3,2 M €3,2 M €2,9 M €2,8 M €
Operating result2,5 M €3 M €2,8 M €2,6 M €2,4 M €
Net result1,9 M €2,4 M €2,3 M €2,1 M €2 M €
Balance sheet
Equity4,9 M €8,2 M €6,8 M €6,4 M €5,3 M €
Total assets7,5 M €9,4 M €9,6 M €9 M €7,3 M €
Cash763,3 k €206,6 k €369,3 k €1,2 M €364 k €
Debts2,6 M €1,2 M €2,5 M €2,3 M €1,7 M €
Other
Workforce27,3 ETP25,7 ETP24,1 ETP25,1 ETP24,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 49 ended

Active mandates

Austin AP

Director · since 30 juin 2025 · until 01 mai 2031 · 0792.906.308

Represented by Frederik DEJAEGHERE

Active
AUSTIN AP3

Director · since 30 juin 2025 · until 01 mai 2031 · 1023.837.176

Represented by Frederik BOUTECA

Active
BRANIX

Director · since 30 juin 2025 · until 01 mai 2031 · 1013.198.751

Represented by Bruno MICHEL

Active
M-CABS

Director · since 30 juin 2025 · until 01 mai 2031 · 1022.712.075

Represented by Cédric MOND

Active
MARTE CONSEIL

Managing director · since 30 juin 2025 · until 01 mai 2031 · 0480.198.401

Represented by Eric SIMONS

Active
Nathalie VAN IMPE

Director · since 30 juin 2025 · until 01 mai 2031

Active

Ended mandates

Nathalie VAN IMPE

Director · since 25 octobre 2024 · until 02 mai 2029

Ended
Eric SIMONS

Director · since 30 décembre 2023 · until 02 mai 2029

Ended
Helmut PIEPER

Director · since 30 décembre 2023 · until 07 mai 2025

Ended
Helmut PIEPER

Director · since 30 décembre 2023 · until 02 mai 2029

Ended

Other companies at this address

Rue Haute 104 4700 Eupen
CompanyCBE no.
Eukor Invest● Active
1024.721.163
Maxime Rohde● Active
0754.982.573
SCHÜCO BELGIUM● Active
0821.270.393
WEIMAT● Active
0425.810.697
0632.673.788

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date11/05/202616/05/202510/06/202412/05/202312/05/202209/06/2021
General meeting06/05/202607/05/202531/05/202403/05/202304/05/202225/03/2021
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
Full model31/12/202506/05/202611/05/2026FrenchPDF
Full model31/12/202407/05/202516/05/2025FrenchPDF
Full model31/12/202331/05/202410/06/2024FrenchPDF
Full model31/12/202203/05/202312/05/2023FrenchPDF
Full model31/12/202104/05/202212/05/2022FrenchPDF
Full model31/12/202025/03/202109/06/2021FrenchPDF
Abridged model31/12/201906/05/202008/06/2020FrenchPDF
Abridged model31/12/201802/05/201911/07/2019FrenchPDF
Abridged model31/12/201702/05/201812/06/2018FrenchPDF
Abridged model31/12/201603/05/201712/06/2017FrenchPDF
Abridged model31/12/201504/05/201609/08/2016FrenchPDF
Abridged model31/12/201406/05/201505/06/2015FrenchPDF
Abridged model31/12/201307/05/201406/08/2014FrenchPDF
Abridged model31/12/201202/05/201317/06/2013FrenchPDF
Abridged model31/12/201102/05/201213/07/2012FrenchPDF
Abridged model31/12/201004/05/201108/08/2011FrenchPDF
Abridged model31/12/200905/05/201017/06/2010FrenchPDF
Abridged model31/12/200806/05/200915/07/2009FrenchPDF
Abridged model31/12/200707/05/200801/07/2008FrenchPDF
Abridged model31/12/200602/05/200730/08/2007FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 49 ended

Active mandates

Austin AP

Director · since 30 juin 2025 · until 01 mai 2031 · 0792.906.308

Represented by Frederik DEJAEGHERE

Active
AUSTIN AP3

Director · since 30 juin 2025 · until 01 mai 2031 · 1023.837.176

Represented by Frederik BOUTECA

Active
BRANIX

Director · since 30 juin 2025 · until 01 mai 2031 · 1013.198.751

Represented by Bruno MICHEL

Active
M-CABS

Director · since 30 juin 2025 · until 01 mai 2031 · 1022.712.075

Represented by Cédric MOND

Active
MARTE CONSEIL

Managing director · since 30 juin 2025 · until 01 mai 2031 · 0480.198.401

Represented by Eric SIMONS

Active
Nathalie VAN IMPE

Director · since 30 juin 2025 · until 01 mai 2031

Active

Ended mandates

Nathalie VAN IMPE

Director · since 25 octobre 2024 · until 02 mai 2029

Ended
Eric SIMONS

Director · since 30 décembre 2023 · until 02 mai 2029

Ended
Helmut PIEPER

Director · since 30 décembre 2023 · until 07 mai 2025

Ended
Helmut PIEPER

Director · since 30 décembre 2023 · until 02 mai 2029

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates01/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/02/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/01/2024
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates04/03/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/08/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Other27/12/2016
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20251,9 M €↓
  2. 2024
    Annual accounts 20242,4 M €↑
  3. 2023
    Annual accounts 20232,3 M €↑
  4. 2022
    Annual accounts 20222,1 M €↑
  5. 2021
    Annual accounts 20212 M €↑
  6. 2019
    Annual accounts 20191,7 M €↑
  7. 2018
    Annual accounts 20181,4 M €↑
  8. 2017
    Annual accounts 20171,1 M €↑
  9. 2016
    Annual accounts 2016995,7 k €↑
  10. 2015
    Annual accounts 2015965,8 k €↑
  11. 2014
    Annual accounts 2014647,2 k €↑
  12. 2013
    Annual accounts 2013460,4 k €↓
  13. 2012
    Annual accounts 2012880,7 k €↑
  14. 2011
    Annual accounts 2011397 k €↓
  15. 2010
    Annual accounts 2010527 k €↑
  16. 2009
    Annual accounts 2009306,3 k €↓
  17. 2008
    Annual accounts 2008363,8 k €↑
  18. 2007
    Annual accounts 2007261,8 k €↑
  19. 2006
    Annual accounts 2006176,6 k €
  20. 05/11/1998
    IncorporationPublic limited company