ACTIVE

WATELLE

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Financial year 2025 · closed on 31/12/2025
Net result
11 k €
-63.9% YoY
Gross margin
264,4 k €
-5.8% YoY
Equity
-157,4 k €
+6.6% YoY
Workforce
6,5 ETP
+8.3% YoY

What does WATELLE do?

WATELLE is a Private limited company incorporated in 2008. Its main activity is: Restaurants and mobile food service activities. Its registered office is in Knokke-Heist. It employs on average 6,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0806.985.362
Incorporation
09/10/2008
Legal form
Private limited company
Registered office
Dumortierlaan 79/0
8300 Knokke-Heist · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
6,5 ETP
Activities (NACE)
56101Restaurants and mobile food service activities· main56111Restaurants and mobile food service activities56210Event catering activities56210Event catering activities
Joint committees (1)
  • 302
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Gross margin264,4 k €280,7 k €219,4 k €242,8 k €188,2 k €131,8 k €214,4 k €216 k €218,6 k €208,8 k €171,2 k €167,6 k €153,7 k €152,8 k €139,6 k €138,2 k €68,8 k €
EBITDA94,1 k €110,9 k €49,1 k €87,2 k €81,9 k €47,6 k €82,5 k €92,3 k €88,1 k €88,5 k €52,5 k €56,2 k €50,4 k €50,6 k €46,9 k €54,4 k €5 k €
Operating result19,5 k €41,5 k €-17,5 k €26,6 k €24,4 k €-7,3 k €38,5 k €36 k €29,2 k €30,7 k €-4,4 k €-6,8 k €-17,2 k €-18 k €-21,1 k €6 k €-48,3 k €
Net result11 k €30,5 k €-29 k €15,7 k €13 k €-19,1 k €26 k €23 k €13,7 k €13,4 k €-23,2 k €-27,3 k €-39,1 k €-40,9 k €-45,5 k €-19,6 k €-78,7 k €
Balance sheet
Equity-157,4 k €-168,4 k €-198,9 k €-170 k €-185,7 k €-198,7 k €-179,6 k €-205,6 k €-228,6 k €-242,3 k €-255,7 k €-232,6 k €-205,2 k €-166,1 k €-125,2 k €-79,7 k €-60,1 k €
Total assets260,3 k €312,8 k €336 k €337,1 k €396,7 k €400,4 k €379,4 k €396,4 k €418 k €470,1 k €518,9 k €574,7 k €635,3 k €696,4 k €753 k €832,3 k €875,2 k €
Cash58,5 k €41,6 k €35,3 k €59,3 k €84,4 k €43,2 k €31,9 k €22,3 k €6,1 k €5,9 k €2,1 k €254 €14,9 k €15,9 k €5,4 k €22 k €51,1 k €
Debts417,7 k €481,2 k €534,9 k €507,1 k €580,1 k €599,1 k €559 k €602,1 k €642,6 k €708,8 k €774,6 k €807,3 k €836,4 k €858,4 k €878,2 k €912 k €935,3 k €
Other
Workforce6,5 ETP6,0 ETP5,4 ETP7,0 ETP4,8 ETP5,2 ETP–5,7 ETP4,7 ETP–4,1 ETP3,3 ETP3,1 ETP3,1 ETP2,6 ETP2,5 ETP2,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 26 ended

Active mandates

Francisca Watelle

Director · since 08 novembre 2023

Active
Tania Watelle

Director · since 08 novembre 2023

Active

Ended mandates

Francisca Watelle

Chairman of the board of directors · since 01 janvier 2023

Ended
Tania Watelle

Director · since 01 janvier 2023

Ended
Francisca Watelle

Chairman of the board of directors · since 01 janvier 2022

Ended
Tania Watelle

Director · since 01 janvier 2022

Ended
Annual accounts

Full financial information

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 date30/04/202624/07/202525/09/202420/07/202319/05/202213/07/2021
General meeting26/03/202630/06/202530/06/202412/06/202301/04/202226/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/03/202630/04/2026DutchPDF
Abridged model31/12/202430/06/202524/07/2025DutchPDF
Abridged model31/12/202330/06/202425/09/2024DutchPDF
Abridged model31/12/202212/06/202320/07/2023DutchPDF
Abridged model31/12/202101/04/202219/05/2022DutchPDF
Abridged model31/12/202026/05/202113/07/2021DutchPDF
Abridged model31/12/201915/06/202031/07/2020DutchPDF
Abridged model31/12/201817/05/201911/07/2019DutchPDF
Abridged model31/12/201714/03/201830/05/2018DutchPDF
Abridged model31/12/201624/03/201729/05/2017DutchPDF
Abridged model31/12/201515/04/201615/06/2016DutchPDF
Abridged model31/12/201401/06/201506/08/2015DutchPDF
Abridged model31/12/201305/05/201430/06/2014DutchPDF
Abridged model31/12/201212/03/201326/06/2013DutchPDF
Abridged model31/12/201116/04/201206/08/2012DutchPDF
Abridged model31/12/201024/05/201118/07/2011DutchPDF
Abridged model31/12/200925/05/201016/07/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 31/12/2025 · 2 active · 26 ended

Active mandates

Francisca Watelle

Director · since 08 novembre 2023

Active
Tania Watelle

Director · since 08 novembre 2023

Active

Ended mandates

Francisca Watelle

Chairman of the board of directors · since 01 janvier 2023

Ended
Tania Watelle

Director · since 01 janvier 2023

Ended
Francisca Watelle

Chairman of the board of directors · since 01 janvier 2022

Ended
Tania Watelle

Director · since 01 janvier 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/12/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/04/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/10/2008
    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. 2025
    Annual accounts 202511 k €↓
  2. 2024
    Annual accounts 202430,5 k €↑
  3. 2023
    Annual accounts 2023-29 k €↓
  4. 2022
    Annual accounts 202215,7 k €↑
  5. 2021
    Annual accounts 202113 k €↑
  6. 2020
    Annual accounts 2020-19,1 k €↓
  7. 2019
    Annual accounts 201926 k €↑
  8. 2018
    Annual accounts 201823 k €↑
  9. 2017
    Annual accounts 201713,7 k €↑
  10. 2016
    Annual accounts 201613,4 k €↑
  11. 2015
    Annual accounts 2015-23,2 k €↑
  12. 2014
    Annual accounts 2014-27,3 k €↑
  13. 2013
    Annual accounts 2013-39,1 k €↑
  14. 2012
    Annual accounts 2012-40,9 k €↑
  15. 2011
    Annual accounts 2011-45,5 k €↓
  16. 2010
    Annual accounts 2010-19,6 k €↑
  17. 2009
    Annual accounts 2009-78,7 k €
  18. 09/10/2008
    IncorporationPrivate limited company