ACTIVE

SUBSEA GLOBAL SOLUTIONS BELGIUM BV

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Financial year 2024 · Closed on 31/12/2024

Net result-286,3 k €-195,6 %over 1 year
Gross margin1,8 M €-25,7 %over 1 year
Equity1,6 M €-15,0 %over 1 year
Workforce17,2 ETP-14,9 %over 1 year

Identity

Source · BCE/KBO

SUBSEA GLOBAL SOLUTIONS BELGIUM BV is a Private limited company incorporated in 2013. Its main activity is: Repair and maintenance of ships and boats. Its registered office is in Stabroek. It employs on average 17,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0502.793.758
Incorporation
24/01/2013
Legal form
Private limited company
Registered office
Conservenweg 5C
2940 Stabroek · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2024
Average workforce
17,2 ETP
Joint committees (2)
  • 111
  • 209
Contacts
2 public details availableLog in to view
Signals
Healthy social debts

Financials

Source · NBB, 12 filings

Trend over 12 financial years

20242023202220212020
Income statement
Gross margin1,8 M €2,4 M €2,9 M €1,1 M €903,4 k €
EBITDA-17,4 k €712,7 k €1,5 M €359,5 k €408 k €
Operating result-207,1 k €513,4 k €1,3 M €211,2 k €264,4 k €
Net result-286,3 k €299,6 k €977,8 k €144,6 k €192,1 k €
Balance sheet
Equity1,6 M €1,9 M €1,6 M €629 k €484,4 k €
Total assets6 M €5,2 M €4 M €1,2 M €1,4 M €
Cash92,1 k €143,2 k €46,1 k €70,7 k €203,7 k €
Debts4,3 M €3,3 M €2,3 M €528,2 k €871,6 k €
Other
Workforce17,2 ETP20,2 ETP17,1 ETP12,0 ETP7,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 6 ended

Active mandates

Subsea Belgium Holdings

Director · since 20 avril 2023 · 0772.769.207

Represented by Paul PETERS

Active

Ended mandates

Paul Peters

Director · since 20 avril 2023

Ended
MANUELLA MAES

Manager · since 01 août 2018

Ended
Amoras Business Consultancy

bestuurder · 0658.830.334

Represented by Manuella Maes

Ended
MANUELLA MAES

Director

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date16/07/202509/07/202411/10/202329/07/202225/07/202122/07/2020
General meeting27/06/202528/06/202428/09/202324/06/202225/06/202126/06/2020
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, 12 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202427/06/202516/07/2025DutchPDF
Abridged model31/12/202328/06/202409/07/2024DutchPDF
Abridged model31/12/202228/09/202311/10/2023DutchPDF
Abridged model31/12/202124/06/202229/07/2022DutchPDF
Abridged model31/12/202025/06/202125/07/2021DutchPDF
Abridged model31/12/201926/06/202022/07/2020DutchPDF
Micro model31/12/201828/06/201931/07/2019DutchPDF
Micro model31/12/201729/06/201810/07/2018DutchPDF
Micro model31/12/201630/06/201731/07/2017DutchPDF
Abridged model31/12/201524/06/201604/07/2016DutchPDF
Abridged model31/12/201426/06/201531/07/2015DutchPDF
Abridged model31/12/201327/06/201431/07/2014DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2024

1 active · 6 ended

Active mandates

Subsea Belgium Holdings

Director · since 20 avril 2023 · 0772.769.207

Represented by Paul PETERS

Active

Ended mandates

Paul Peters

Director · since 20 avril 2023

Ended
MANUELLA MAES

Manager · since 01 août 2018

Ended
Amoras Business Consultancy

bestuurder · 0658.830.334

Represented by Manuella Maes

Ended
MANUELLA MAES

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates24/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/11/2022
    WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/10/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/08/2014
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other06/02/2013
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2024-286,3 k €↓
  2. 2023
    Annual accounts 2023299,6 k €↓
  3. 2022
    Annual accounts 2022977,8 k €↑
  4. 2022
    Name changeSubsea Global Solutions Belgium
  5. 2021
    Annual accounts 2021144,6 k €↓
  6. 2021
    Name changeSHIP REPAIR NETWORK GROUP -SRN-
  7. 2020
    Annual accounts 2020192,1 k €↑
  8. 2019
    Annual accounts 201976,9 k €↑
  9. 2018
    Annual accounts 201871,7 k €↓
  10. 2017
    Annual accounts 2017189,2 k €↑
  11. 2016
    Annual accounts 2016-217,2 k €↓
  12. 2015
    Annual accounts 201594,1 k €↑
  13. 2014
    Annual accounts 20141,1 k €↓
  14. 2013
    Annual accounts 201369,9 k €
  15. 24/01/2013
    IncorporationPrivate limited company
  16. 2013
    Name changeSHIP REPAIR NETWORK GROUP