NORMAL SITUATION

Mr. Watts

Financial year 2023 · closed on 08/06/2023
Net result
942,1 k €
+335.4% YoY
Revenue
62,9 k €
-82.3% YoY
Equity
30,2 k €
+103.3% YoY
Workforce
5,4 ETP
-8.5% YoY

Company — Normal situation.

What does Mr. Watts do?

Mr. Watts is a company registered in Belgium. It employs on average 5,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0753.394.743
Legal form
Public limited company
Contributed capital
62 000,00 €
Latest accounts
08/06/2023
Average workforce
5,4 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202320222021
Income statement
Revenue62,9 k €355,4 k €416,5 k €
EBITDA966,1 k €-339,6 k €-535,9 k €
Operating result964,5 k €-365,1 k €-553,9 k €
Net result942,1 k €-400,3 k €-573,6 k €
Balance sheet
Equity30,2 k €-911,9 k €-511,6 k €
Total assets86,1 k €143 k €274,5 k €
Cash1,8 k €8,1 k €10,4 k €
Debts55,9 k €1 M €763,1 k €
Other
Workforce5,4 ETP5,9 ETP3,0 ETP
Governance

Board of directors

Seen on filing of 08/06/2023 · 3 active · 4 ended

Active mandates

De Cronos Groep

Director · since 25 août 2020 · until 08 juin 2023 · 0467.132.994

Represented by Dirk Deroost

Active
Josephus de Wit

Director · since 25 août 2020 · until 08 juin 2023

Active
Lenico Solutions

Director · since 25 août 2020 · until 08 juin 2023 · 0832.333.640

Represented by Niels Leunen

Active

Ended mandates

De Cronos Groep

Director · since 25 août 2020 · until 13 mai 2026 · 0467.132.994

Represented by Dirk Deroost

Ended
Josephus de Wit

Director · since 25 août 2020 · until 13 mai 2026

Ended
Lenico Solutions

Director · since 25 août 2020 · until 13 mai 2026 · 0832.333.640

Represented by Niels Leunen

Ended
SmartApps

Director · since 25 août 2020 · until 17 février 2022 · 0675.819.289

Represented by Wim Bijnens

Ended
Annual accounts

Full financial information

202320222021
Type of accountAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202301/01/202227/08/2020
Closing of the financial year08/06/202331/12/202231/12/2021
Length of the financial year6 months12 months17 months
Filing date25/10/202404/08/202305/08/2022
General meeting08/06/202305/06/202329/06/2022
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model08/06/202308/06/202325/10/2024DutchPDF
Abridged model31/12/202205/06/202304/08/2023DutchPDF
Abridged model31/12/202129/06/202205/08/2022DutchPDF
Estimate

Indicative valuation

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.

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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 08/06/2023 · 3 active · 4 ended

Active mandates

De Cronos Groep

Director · since 25 août 2020 · until 08 juin 2023 · 0467.132.994

Represented by Dirk Deroost

Active
Josephus de Wit

Director · since 25 août 2020 · until 08 juin 2023

Active
Lenico Solutions

Director · since 25 août 2020 · until 08 juin 2023 · 0832.333.640

Represented by Niels Leunen

Active

Ended mandates

De Cronos Groep

Director · since 25 août 2020 · until 13 mai 2026 · 0467.132.994

Represented by Dirk Deroost

Ended
Josephus de Wit

Director · since 25 août 2020 · until 13 mai 2026

Ended
Lenico Solutions

Director · since 25 août 2020 · until 13 mai 2026 · 0832.333.640

Represented by Niels Leunen

Ended
SmartApps

Director · since 25 août 2020 · until 17 février 2022 · 0675.819.289

Represented by Wim Bijnens

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution09/08/2023
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Registered office27/03/2023
    BENAMING - MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates24/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other31/08/2020
    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.

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Timeline

  1. 2023
    Annual accounts 2023942,1 k €
  2. 2023
    Name changeSmartWatts (sluiting van vereffening)
  3. 2022
    Annual accounts 2022-400,3 k €
  4. 2022
    Name changeSmartWatts
  5. 2021
    Annual accounts 2021-573,6 k €
  6. 2021
    Name changeMr.Watts