ACTIVE

10 POND

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Financial year 2025 · closed on 31/12/2025
Net result
67,8 k €
-58.8% YoY
Gross margin
554,7 k €
-19.4% YoY
Equity
818,9 k €
+9.0% YoY
Workforce
4,3 ETP
0.0% YoY

What does 10 POND do?

10 POND is a Private limited company incorporated in 2009. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Wortegem-Petegem. It employs on average 4,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0818.284.476
Incorporation
04/09/2009
Legal form
Private limited company
Registered office
Waregemseweg (W.) 97
9790 Wortegem-Petegem · FlandreSee on map
Contributed capital
50 000,00 €
Latest accounts
31/12/2025
Average workforce
4,3 ETP
Activities (NACE)
43223Plumbing, heat and air-conditioning installation· main43422Specialised construction activities43993Other specialised construction activities n.e.c.43996Other specialised construction activities n.e.c.01430Raising of horses and other equines43320Joinery installation+4
Joint committees (2)
  • 124
  • 218
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201220112010
Income statement
Gross margin554,7 k €688 k €702,4 k €444,8 k €641,9 k €781,9 k €578 k €362,4 k €299,7 k €263,8 k €251,1 k €283,7 k €320,1 k €329,5 k €376,5 k €389,3 k €
EBITDA315 k €446,1 k €440 k €155,3 k €377,4 k €512,7 k €359,4 k €180,6 k €162 k €130,4 k €125,5 k €154 k €180,1 k €174,2 k €242 k €313,1 k €
Operating result136,6 k €291,9 k €228,9 k €-60,2 k €165,8 k €339,7 k €174,3 k €117,8 k €57,2 k €21,2 k €-24,6 k €63,6 k €37,9 k €35,4 k €59,8 k €124,8 k €
Net result67,8 k €164,7 k €157 k €-103,8 k €88,9 k €212 k €114,8 k €54,2 k €15,2 k €-27,6 k €1,2 k €20 k €-1,6 k €1,2 k €16,8 k €65,1 k €
Balance sheet
Equity818,9 k €751 k €586,3 k €429,4 k €533,2 k €444,3 k €301,6 k €186,7 k €132,6 k €117,4 k €145 k €143,8 k €123,8 k €133,1 k €131,9 k €115,1 k €
Total assets2 M €2 M €1,8 M €2,1 M €2,3 M €2,1 M €1,8 M €1,3 M €1,4 M €1,4 M €1,6 M €1,1 M €941,8 k €1 M €912,4 k €640,4 k €
Cash60,4 k €66,5 k €21,1 k €64,1 k €40,6 k €49,5 k €45,4 k €20,6 k €16,4 k €4 k €14,9 k €17,7 k €24 k €78,7 k €87,8 k €111,3 k €
Debts1,2 M €1,3 M €1,2 M €1,6 M €1,8 M €1,7 M €1,5 M €1,1 M €1,3 M €1,3 M €1,4 M €908,2 k €818 k €889,4 k €780,4 k €525,2 k €
Other
Workforce4,3 ETP4,3 ETP4,3 ETP4,3 ETP4,9 ETP5,1 ETP4,2 ETP–––2,2 ETP2,4 ETP2,7 ETP3,4 ETP3,2 ETP0,8 ETP
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 31/12/2025 · 1 active · 3 ended

Active mandates

BERT THIENPOND

Manager

Active

Ended mandates

BERT THIENPOND

Director

Ended
ETIENNE VERSTRAETE

Director

Ended
ETIENNE VERSTRAETE

Manager

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 date25/08/202625/08/202520/08/202428/06/202322/08/202225/08/2021
General meeting20/06/202620/06/202520/06/202420/06/202320/06/202221/06/2021
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 model31/12/202520/06/202625/08/2026DutchPDF
Abridged modelCorrection31/12/202420/06/202525/08/2025DutchPDF
Abridged model31/12/202420/06/202514/08/2025DutchPDF
Abridged model31/12/202320/06/202420/08/2024DutchPDF
Abridged model31/12/202220/06/202328/06/2023DutchPDF
Abridged model31/12/202120/06/202222/08/2022DutchPDF
Abridged model31/12/202021/06/202125/08/2021DutchPDF
Abridged model31/12/201920/06/202029/06/2020DutchPDF
Micro model31/12/201820/06/201927/06/2019DutchPDF
Micro model31/12/201720/06/201824/07/2018DutchPDF
Micro model31/12/201620/06/201728/07/2017DutchPDF
Abridged model31/12/201520/06/201628/06/2016DutchPDF
Abridged model31/12/201420/06/201524/07/2015DutchPDF
Abridged model31/12/201320/06/201401/07/2014DutchPDF
Abridged model31/12/201220/06/201323/07/2013DutchPDF
Abridged model31/12/201120/06/201225/07/2012DutchPDF
Abridged model31/12/201020/06/201129/06/2011DutchPDF
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 31/12/2025 · 1 active · 3 ended

Active mandates

BERT THIENPOND

Manager

Active

Ended mandates

BERT THIENPOND

Director

Ended
ETIENNE VERSTRAETE

Director

Ended
ETIENNE VERSTRAETE

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office04/06/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates07/01/2021
    DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Capital / shares09/01/2014
    KAPITAAL - AANDELEN
    PDF
  • Other15/09/2009
    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 202567,8 k €↓
  2. 2024
    Annual accounts 2024164,7 k €↑
  3. 2023
    Annual accounts 2023157 k €↑
  4. 2022
    Annual accounts 2022-103,8 k €↓
  5. 2021
    Annual accounts 202188,9 k €↓
  6. 2020
    Annual accounts 2020212 k €↑
  7. 2019
    Annual accounts 2019114,8 k €↑
  8. 2018
    Annual accounts 201854,2 k €↑
  9. 2017
    Annual accounts 201715,2 k €↑
  10. 2016
    Annual accounts 2016-27,6 k €↓
  11. 2015
    Annual accounts 20151,2 k €↓
  12. 2014
    Annual accounts 201420 k €↑
  13. 2013
    Annual accounts 2013-1,6 k €↓
  14. 2012
    Annual accounts 20121,2 k €↓
  15. 2011
    Annual accounts 201116,8 k €↓
  16. 2010
    Annual accounts 201065,1 k €
  17. 04/09/2009
    IncorporationPrivate limited company