ACTIVE

WETZLARBAD

Financial year 2025 · Closed on 31/12/2025

Net result-54,8 k €-120,7 %over 1 year
Gross margin1,7 M €-77,3 %over 1 year
Equity-155,4 k €-54,4 %over 1 year
Workforce19,5 ETP+68,1 %over 1 year

Identity

Source · BCE/KBO

WETZLARBAD is a Public limited company incorporated in 2018. Its main activity is: Operation of sports facilities. Its registered office is in Eupen. It employs on average 19,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0695.648.960
Incorporation
02/05/2018
Legal form
Public limited company
Registered office
Hütte 56
4700 Eupen · WallonieSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Average workforce
19,5 ETP
Joint committees (2)
  • 302
  • 333
Signals
Positive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 8 filings

Trend over 8 financial years

20252024202320222021
Income statement
Gross margin1,7 M €7,5 M €749,9 k €128,6 k €379 k €
EBITDA536,4 k €312,7 k €-53,2 k €-98,2 k €-379,8 k €
Operating result-49,8 k €311,3 k €-55 k €-100,5 k €-729 k €
Net result-54,8 k €265,2 k €-63,7 k €-260,9 k €363,7 k €
Balance sheet
Equity-155,4 k €-100,6 k €-365,8 k €-302,1 k €-41,2 k €
Total assets9,7 M €10,4 M €10,2 M €10 M €10,5 M €
Cash56,7 k €32,4 k €39,2 k €83,4 k €49,8 k €
Debts9,9 M €10,5 M €10,5 M €10,3 M €10,5 M €
Other
Workforce19,5 ETP11,6 ETP13,1 ETP13,2 ETP17,1 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 31/12/2025

2 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jan De Wit
Director02/05/2018 → 25/06/2030
Sam Keytsman
Director02/05/2018 → 25/06/2030

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Diether Thilemans
Director02/05/2018 → 2024 accounts

Other companies at this address

Hütte 56 4700 Eupen
CompanyCBE no.
0425.999.551

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date09/09/202618/07/202528/08/202431/07/202308/08/202228/08/2021
General meeting30/06/202625/06/202525/06/202427/06/202328/06/202225/06/2021
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, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202609/09/2026FrenchPDF
Abridged model31/12/202425/06/202518/07/2025FrenchPDF
Abridged model31/12/202325/06/202428/08/2024FrenchPDF
Abridged model31/12/202227/06/202331/07/2023FrenchPDF
Abridged model31/12/202128/06/202208/08/2022FrenchPDF
Abridged model31/12/202025/06/202128/08/2021FrenchPDF
Abridged model31/12/201905/05/202006/08/2020FrenchPDF
Abridged model31/12/201807/05/201917/07/2019FrenchPDF

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 31/12/2025

2 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jan De Wit
Director02/05/2018 → 25/06/2030
Sam Keytsman
Director02/05/2018 → 25/06/2030

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Diether Thilemans
Director02/05/2018 → 2024 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates29/09/2026
    RENOUVELLEMENT DE NOMINATIONS COMMISSAIRE
    PDF
  • Mandates24/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other08/02/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - ASSEMBLEE GENERALE
    PDF
  • Mandates11/09/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/09/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Other16/05/2018
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings8 filings
Mandates
Jan De Wit
Sam Keytsman
Diether Thilemans
2018201920202021202220232024202520262027202820292030
WETZLARBAD
Hütte 56, 4700 Eupen
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Hütte 56, 4700 EupenCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00509524

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
WETZLARBADCurrent
accounts 2018 → 2025
Accounts 2025 · 2026-00509524

Events

  1. 2025
    Annual accounts 2025-54,8 k €↓
  2. 2024
    Annual accounts 2024265,2 k €↑
  3. 2023
    Annual accounts 2023-63,7 k €↑
  4. 2022
    Annual accounts 2022-260,9 k €↓
  5. 2021
    Annual accounts 2021363,7 k €↑
  6. 2020
    Annual accounts 2020-268 k €↓
  7. 2019
    Annual accounts 2019-66,7 k €↑
  8. 2018
    Annual accounts 2018-170,2 k €
  9. 02/05/2018
    IncorporationPublic limited company