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Antwerp Underwater Solutions

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Financial year 2025 · Closed on 31/03/2025

Net result32 k €-68,8 %over 1 year
Gross margin1,4 M €+18,6 %over 1 year
Equity154,6 k €+26,1 %over 1 year
Workforce12,8 ETP+10,3 %over 1 year

Identity

Source · BCE/KBO

Antwerp Underwater Solutions is a Private limited company incorporated in 2017. Its main activity is: Repair and maintenance of ships and boats. Its registered office is in Temse. It employs on average 12,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0671.693.029
Incorporation
21/02/2017
Legal form
Private limited company
Registered office
Krimperslaan 4D
9140 Temse · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/03/2025
Average workforce
12,8 ETP
Joint committees (2)
  • 111
  • 209
Contacts
2 public details availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 8 filings

Trend over 8 financial years

20252024202320222021
Income statement
Gross margin1,4 M €1,2 M €1,1 M €739,1 k €476,9 k €
EBITDA230,8 k €206,3 k €362,9 k €156,6 k €53,2 k €
Operating result72,3 k €163,4 k €237,8 k €66,7 k €-15,9 k €
Net result32 k €102,6 k €169,9 k €47,1 k €-22,1 k €
Balance sheet
Equity154,6 k €122,6 k €20 k €206,5 k €159,4 k €
Total assets1,4 M €1,4 M €1,3 M €1,1 M €738,4 k €
Cash124,4 k €173,5 k €110,1 k €161,5 k €75,6 k €
Debts1,2 M €1,2 M €1,3 M €900,9 k €579 k €
Other
Workforce12,8 ETP11,6 ETP9,3 ETP7,8 ETP7,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/03/2025

1 active · 4 ended

Active mandates

Underwater Solutions Group

Director · 0748.585.424

Represented by Hans Cuylits

Active

Ended mandates

Underwater Solutions Group

Director · since 01 octobre 2023 · 0748.585.424

Represented by Hans Cuylits

Ended
Hans Cuylits

Director · since 26 mai 2021

Ended
Hans De heer Cuylits

Manager · since 21 février 2017

Ended
Hans Cuylits

Manager

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/03/202605/07/202429/06/202325/10/202228/09/202126/11/2020
General meeting05/03/202606/06/202401/06/202302/06/202203/06/202104/06/2020
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, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202505/03/202609/03/2026DutchPDF
Abridged model31/03/202406/06/202405/07/2024DutchPDF
Abridged model31/03/202301/06/202329/06/2023DutchPDF
Abridged model31/03/202202/06/202225/10/2022DutchPDF
Abridged model31/03/202103/06/202128/09/2021DutchPDF
Micro model31/03/202004/06/202026/11/2020DutchPDF
Micro model31/03/201906/06/201925/10/2019DutchPDF
Micro model31/03/201807/06/201827/09/2018DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/03/2025

1 active · 4 ended

Active mandates

Underwater Solutions Group

Director · 0748.585.424

Represented by Hans Cuylits

Active

Ended mandates

Underwater Solutions Group

Director · since 01 octobre 2023 · 0748.585.424

Represented by Hans Cuylits

Ended
Hans Cuylits

Director · since 26 mai 2021

Ended
Hans De heer Cuylits

Manager · since 21 février 2017

Ended
Hans Cuylits

Manager

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates28/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/06/2021
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other30/03/2018
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other23/02/2017
    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. 2025
    Annual accounts 202532 k €↓
  2. 2024
    Annual accounts 2024102,6 k €↓
  3. 2023
    Annual accounts 2023169,9 k €↑
  4. 2022
    Annual accounts 202247,1 k €↑
  5. 2021
    Annual accounts 2021-22,1 k €↓
  6. 2020
    Annual accounts 202071,1 k €↑
  7. 2019
    Annual accounts 201960 k €↑
  8. 2018
    Annual accounts 201845,4 k €
  9. 21/02/2017
    IncorporationPrivate limited company