ACTIVE

Subtile

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Financial year 2024 · closed on 31/12/2024
Net result
111,8 k €
+64.7% YoY
Gross margin
195,8 k €
+62.6% YoY
Equity
257,6 k €
+76.7% YoY

What does Subtile do?

Subtile is a Private limited company incorporated in 2020. Its main activity is: Wholesale of watches and jewellery. Its registered office is in Ternat.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0750.775.941
Incorporation
16/07/2020
Legal form
Private limited company
Registered office
Keizerstraat 82
1740 Ternat · FlandreSee on map
Contributed capital
10 000,00 €
Latest accounts
31/12/2024
Activities (NACE)
46480Wholesale of watches and jewellery· main46480Wholesale of watches and jewellery47770Retail sale of watches and jewellery in specialised stores47770Retail sale of watches and jewellery in specialised stores46160Agents involved in the sale of textiles, clothing, fur, footwear and leather goods46160Agents involved in the sale of textiles, clothing, fur, footwear and leather goods+6
Joint committees (1)
  • 201
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20242023202220212020
Income statement
Gross margin195,8 k €120,4 k €14,4 k €40,7 k €41 k €
EBITDA168,8 k €104 k €13,9 k €40,7 k €41 k €
Operating result154,2 k €93,2 k €12,5 k €40,1 k €38,6 k €
Net result111,8 k €67,9 k €8,4 k €29,3 k €30,1 k €
Balance sheet
Equity257,6 k €145,8 k €77,9 k €69,4 k €40,1 k €
Total assets378,1 k €303,4 k €117,9 k €104,9 k €71,1 k €
Cash159,5 k €221,4 k €95,1 k €92,6 k €62,7 k €
Debts120,5 k €156 k €38,3 k €34,1 k €29,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active

Active mandates

Marthe Van der Hoogerstraete

Director · since 15 juillet 2020

Active
Robin De Craemer

Director · since 15 juillet 2020

Active
De Craemer Robin

Director

Active
Marthe Van der Hoogerstraete

Director

Active
Annual accounts

Full financial information

20242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202116/07/2020
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months6 months
Filing date21/07/202629/08/202429/09/202330/09/202228/10/2021
General meeting29/06/202621/06/202429/09/202330/09/202221/10/2021
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro modelCorrection31/12/202429/06/202621/07/2026DutchPDF
Micro model31/12/202429/12/202531/12/2025DutchPDF
Micro model31/12/202321/06/202429/08/2024DutchPDF
Micro model31/12/202229/09/202329/09/2023DutchPDF
Micro model31/12/202130/09/202230/09/2022DutchPDF
Micro model31/12/202021/10/202128/10/2021DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active

Active mandates

Marthe Van der Hoogerstraete

Director · since 15 juillet 2020

Active
Robin De Craemer

Director · since 15 juillet 2020

Active
De Craemer Robin

Director

Active
Marthe Van der Hoogerstraete

Director

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office14/10/2025
    wijziging maatschappelijke zetel
    PDF
  • Other20/07/2020
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2024
    Annual accounts 2024111,8 k €↑
  2. 2023
    Annual accounts 202367,9 k €↑
  3. 2022
    Annual accounts 20228,4 k €↓
  4. 2021
    Annual accounts 202129,3 k €↓
  5. 2020
    Annual accounts 202030,1 k €
  6. 16/07/2020
    IncorporationPrivate limited company