ACTIVE

Wattco

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Financial year 2023 · Closed on 28/02/2023

Net result370,2 k €-28,2 %over 1 year
Gross margin611,8 k €-24,9 %over 1 year
Equity1,5 M €+32,0 %over 1 year

Identity

Source · BCE/KBO

Wattco is a Limited partnership incorporated in 2011. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Zedelgem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0832.942.859
Incorporation
17/01/2011
Legal form
Limited partnership
Registered office
Vijvers 19
8210 Zedelgem · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
28/02/2023
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 12 filings

Trend over 12 financial years

20232022202120202019
Income statement
Gross margin611,8 k €815,1 k €422,3 k €346,6 k €114 k €
EBITDA605,3 k €806,4 k €419,1 k €345,5 k €112,6 k €
Operating result500,1 k €736 k €300,3 k €244,1 k €55,7 k €
Net result370,2 k €515,8 k €222 k €189,4 k €39,1 k €
Balance sheet
Equity1,5 M €1,1 M €596,6 k €375,3 k €187,6 k €
Total assets3,4 M €2,2 M €1,9 M €1,6 M €795,1 k €
Cash756,8 k €835,7 k €468,2 k €115,2 k €162,6 k €
Debts1,9 M €1,1 M €1,3 M €1,2 M €604,5 k €

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 28/02/2023

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Thomas Watteyne
DirectorManager2019 accountsended

Other companies at this address

Vijvers 19 8210 Zedelgem
CompanyCBE no.
Opont● Active
1013.378.004
WATTVICE● Active
1006.468.238

Full financial information

Source · NBB
202320222021202020192018
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/03/202201/03/202101/03/202001/03/201901/03/201801/03/2017
Closing of the financial year28/02/202328/02/202228/02/202129/02/202028/02/201928/02/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/09/202330/09/202230/09/202124/08/202001/07/201914/09/2018
General meeting14/09/202331/08/202222/09/202129/06/202012/06/201918/08/2018
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, 12 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model28/02/202314/09/202329/09/2023DutchPDF
Abridged model28/02/202231/08/202230/09/2022DutchPDF
Abridged model28/02/202122/09/202130/09/2021DutchPDF
Abridged model29/02/202029/06/202024/08/2020DutchPDF
Micro model28/02/201912/06/201901/07/2019DutchPDF
Micro model28/02/201818/08/201814/09/2018DutchPDF
Abridged model28/02/201723/06/201730/06/2017DutchPDF
Abridged model29/02/201612/05/201601/06/2016DutchPDF
Abridged model28/02/201525/09/201516/10/2015DutchPDF
Abridged model28/02/201409/09/201430/09/2014DutchPDF
Abridged model28/02/201317/08/201330/08/2013DutchPDF
Abridged model29/02/201225/10/201230/10/2012DutchPDF

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 28/02/2023

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Thomas Watteyne
DirectorManager2019 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates01/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates30/11/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other31/01/2011
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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
Filings12 filings
Mandates
Thomas Watteyne
2011201220132014201520162017201820192020202120222023202420252026
Wattco
Vijvers 19, 8210 Zedelgem
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Vijvers 19, 8210 ZedelgemCurrent
accounts 2023
Accounts 2023 · 2023-00460988
Zandberg 4, 8210 Zedelgem
accounts 2022
Accounts 2022 · 2022-20443708

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
WattcoCurrent
accounts 2012 → 2023
Accounts 2023 · 2023-00460988

Events

  1. 2023
    Annual accounts 2023370,2 k €↓
  2. 2022
    Annual accounts 2022515,8 k €↑
  3. 2021
    Annual accounts 2021222 k €↑
  4. 2020
    Annual accounts 2020189,4 k €↑
  5. 2019
    Annual accounts 201939,1 k €↑
  6. 2018
    Annual accounts 201832,6 k €↑
  7. 2017
    Annual accounts 201714,5 k €↑
  8. 2016
    Annual accounts 2016-2,8 k €↑
  9. 2015
    Annual accounts 2015-4,3 k €↓
  10. 2014
    Annual accounts 201410,4 k €↓
  11. 2013
    Annual accounts 201354,1 k €↑
  12. 2012
    Annual accounts 201225,9 k €
  13. 17/01/2011
    IncorporationLimited partnership