ACTIVE

WATTMAN

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Financial year 2024 · closed on 31/12/2024

Net result

22 k €

+3037.5% YoY

Gross margin

376,2 k €

+36.2% YoY

Equity

4 k €

+121.3% YoY

What does WATTMAN do?

WATTMAN is a Private limited company incorporated in 2002. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0477.338.087

Incorporation

15/04/2002

Legal form

Private limited company

Registered office

Tramplein 3
2600 Antwerpen · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2024

Joint committees (1)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

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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
Gross margin	376,2 k €	+36.2%	276,3 k €	+6.7%	259 k €	+1.2%	255,9 k €	+208%	83 k €	-69.4%	271,1 k €	-33.9%	410,1 k €	-27.6%	566,3 k €	+14.1%	496,1 k €	+8.7%	456,4 k €	+31.7%	346,7 k €	+21.3%	285,8 k €	+43.5%	199,1 k €	-7.7%	215,8 k €	+16.5%	185,2 k €	+32.5%	139,8 k €	+99.8%	69,9 k €	-13.0%	80,4 k €	+19.7%	67,2 k €
EBITDA	39,5 k €	+108%	19 k €	+191%	6,5 k €	-93.6%	102,7 k €	+1732%	-6,3 k €	+77.0%	-27,4 k €	-172%	38,1 k €	-48.4%	73,7 k €	-25.9%	99,5 k €	+75.6%	56,6 k €	+79.3%	31,6 k €	+767%	3,6 k €	+114%	-26,5 k €	-146%	58 k €	-31.7%	85 k €	+207%	27,7 k €	+58.7%	17,4 k €	-42.5%	30,3 k €	+124%	13,5 k €
Operating result	34,9 k €	+172%	12,8 k €	+520%	-3,1 k €	-105%	67,3 k €	+369%	-25,1 k €	+52.1%	-52,3 k €	-437%	15,5 k €	-68.6%	49,4 k €	-31.8%	72,4 k €	+115%	33,7 k €	+52.5%	22,1 k €	+414%	-7 k €	+84.1%	-44,2 k €	-251%	29,2 k €	-34.5%	44,6 k €	+1136%	-4,3 k €	+71.1%	-14,9 k €	-784%	2,2 k €	+179%	-2,8 k €
Net result	22 k €	+3037%	-750,5 €	+85.2%	-5,1 k €	-108%	65,6 k €	+527%	-15,4 k €	+62.4%	-40,9 k €	-491%	10,5 k €	-74.7%	41,3 k €	+166%	-63 k €	-393%	21,5 k €	+34.8%	15,9 k €	+259%	-10 k €	+83.8%	-61,9 k €	-405%	20,3 k €	-17.5%	24,6 k €	+299%	-12,3 k €	+49.2%	-24,3 k €	-357%	-5,3 k €	+0.1%	-5,3 k €
Balance sheet
Equity	4 k €	+121%	-18,5 k €	-4.2%	-17,8 k €	-40.0%	-12,7 k €	+83.7%	-77,9 k €	-24.6%	-62,5 k €	-189%	-21,7 k €	+32.6%	-32,1 k €	+56.3%	-73,4 k €	-603%	-10,4 k €	+67.3%	-31,9 k €	+33.3%	-47,8 k €	-26.5%	-37,8 k €	-257%	24,1 k €	+357%	-9,4 k €	+72.4%	-34 k €	-57.1%	-21,6 k €	-903%	2,7 k €	-66.4%	8 k €
Total assets	222,5 k €	-4.1%	232 k €	-11.5%	262,2 k €	+25.6%	208,8 k €	+16.9%	178,7 k €	+2.7%	174 k €	-39.6%	288,1 k €	-2.1%	294,3 k €	+15.8%	254,1 k €	-4.5%	266,2 k €	+105%	130,1 k €	+53.2%	84,9 k €	-27.1%	116,5 k €	+8.7%	107,2 k €	+12.8%	95 k €	-1.2%	96,1 k €	-32.5%	142,4 k €	+5.9%	134,5 k €	+175%	49 k €
Cash	144,7 k €	+14.2%	126,7 k €	+13.7%	111,5 k €	+459%	19,9 k €	+323%	4,7 k €	-70.5%	16 k €	-76.3%	67,4 k €	-32.4%	99,7 k €	+144%	40,9 k €	+18.8%	34,5 k €	-2.2%	35,2 k €	+453%	6,4 k €	-62.9%	17,2 k €	-52.4%	36,1 k €	+79.8%	20,1 k €	+220%	6,3 k €	+9.0%	5,8 k €	+21.6%	4,7 k €	-8.1%	5,2 k €
Debts	218,5 k €	-12.8%	250,5 k €	-10.5%	280 k €	+26.4%	221,5 k €	-13.6%	256,5 k €	+8.4%	236,5 k €	-22.8%	306,2 k €	-5.3%	323,3 k €	-0.3%	324,4 k €	+18.6%	273,5 k €	+68.9%	162 k €	+22.0%	132,7 k €	-12.8%	152,2 k €	+83.0%	83,1 k €	-20.2%	104,2 k €	-19.8%	129,9 k €	-20.8%	164 k €	+24.6%	131,7 k €	+222%	40,9 k €
Other
Workforce	–		–		–		–		–		–		10,1 ETP	-10.6%	11,3 ETP	-36.5%	17,8 ETP	+5.3%	16,9 ETP	+39.7%	12,1 ETP	+6.1%	11,4 ETP	+22.6%	9,3 ETP	-29.5%	13,2 ETP	+0.8%	13,1 ETP	+14.9%	11,4 ETP	+192%	3,9 ETP	+50.0%	2,6 ETP	+18.2%	2,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 5 ended

Active mandates

Ellen Geens

Director · since 01 juillet 2010

Active

LIV-IT

Director · 0842.374.328

Represented by Björn MEEUWSSE

Active

Ended mandates

Ellen Geens

Manager · since 01 juillet 2010

Ended

Bjorn Meeuwsse

Manager · since 01 septembre 2004 · until 19 février 2018

Ended

Bjorn Meeuwsse

Manager · since 01 septembre 2004

Ended

Ellen Marie-Louise Geens

Director

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	30/09/2025	08/10/2024	03/11/2023	19/10/2022	27/11/2021	30/04/2021
General meeting	29/09/2025	28/06/2024	31/10/2023	17/10/2022	14/11/2021	15/04/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	29/09/2025	30/09/2025	Dutch	PDF
Micro model	31/12/2023	28/06/2024	08/10/2024	Dutch	PDF
Micro model	31/12/2022	31/10/2023	03/11/2023	Dutch	PDF
Micro model	31/12/2021	17/10/2022	19/10/2022	Dutch	PDF
Micro model	31/12/2020	14/11/2021	27/11/2021	Dutch	PDF
Micro model	31/12/2019	15/04/2021	30/04/2021	Dutch	PDF
Abridged model	31/12/2018	17/06/2019	06/09/2019	Dutch	PDF
Abridged model	31/12/2017	18/06/2018	01/08/2018	Dutch	PDF
Abridged model	31/12/2016	19/06/2017	28/07/2017	Dutch	PDF
Abridged model	31/12/2015	20/06/2016	29/06/2016	Dutch	PDF
Abridged model	31/12/2014	15/06/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	16/06/2014	29/09/2014	Dutch	PDF
Abridged model	31/12/2012	17/06/2013	24/10/2013	Dutch	PDF
Abridged model	31/12/2011	18/06/2012	25/06/2013	Dutch	PDF
Abridged model	31/12/2010	20/06/2011	02/03/2012	Dutch	PDF
Abridged model	31/12/2009	21/06/2010	12/08/2010	Dutch	PDF
Abridged model	31/12/2008	15/06/2009	24/09/2009	Dutch	PDF
Abridged model	31/12/2007	16/06/2008	25/08/2008	Dutch	PDF
Abridged model	31/12/2006	18/06/2007	22/06/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 5 ended

Active mandates

Ellen Geens

Director · since 01 juillet 2010

Active

LIV-IT

Director · 0842.374.328

Represented by Björn MEEUWSSE

Active

Ended mandates

Ellen Geens

Manager · since 01 juillet 2010

Ended

Bjorn Meeuwsse

Manager · since 01 septembre 2004 · until 19 février 2018

Ended

Bjorn Meeuwsse

Manager · since 01 septembre 2004

Ended

Ellen Marie-Louise Geens

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/03/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/08/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/07/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/09/2005
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/11/2004
ONTSLAGEN - BENOEMINGEN
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 202422 k €↑
2023
Annual accounts 2023-750,5 €↑
2022
Annual accounts 2022-5,1 k €↓
2021
Annual accounts 202165,6 k €↑
2020
Annual accounts 2020-15,4 k €↑
2019
Annual accounts 2019-40,9 k €↓
2018
Annual accounts 201810,5 k €↓
2017
Annual accounts 201741,3 k €↑
2016
Annual accounts 2016-63 k €↓
2015
Annual accounts 201521,5 k €↑
2014
Annual accounts 201415,9 k €↑
2013
Annual accounts 2013-10 k €↑
2012
Annual accounts 2012-61,9 k €↓
2011
Annual accounts 201120,3 k €↓
2010
Annual accounts 201024,6 k €↑
2009
Annual accounts 2009-12,3 k €↑
2008
Annual accounts 2008-24,3 k €↓
2007
Annual accounts 2007-5,3 k €↑
2006
Annual accounts 2006-5,3 k €
15/04/2002
IncorporationPrivate 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

WATTMAN

Overview

What does WATTMAN do?

Trend over 19 financial years

Indicative valuation

Board of directors

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