INCUBATHOR WETENSCHAPSPARK WATERSCHEI
0842.636.624 · rovalta.com · 26/09/2026
ACTIVE
INCUBATHOR WETENSCHAPSPARK WATERSCHEI
Financial year 2025 · Closed on 31/12/2025
Net result9,5 k €-93,6 %over 1 year
Revenue1,2 M €-1,1 %over 1 year
Equity6,1 M €-0,7 %over 1 year
Workforce2,5 ETP+78,6 %over 1 year
Overview
Identity
Source · BCE/KBOINCUBATHOR WETENSCHAPSPARK WATERSCHEI is a Public limited company incorporated in 2011. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Genk. It employs on average 2,5 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0842.636.624
- Incorporation
- 23/12/2011
- Legal form
- Public limited company
- Registered office
- Thor Park 8300
3600 Genk · FlandreSee on map - Contributed capital
- 5 657 000,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 2,5 ETP
Activities (NACE)
Joint committees (2)
- 200
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Financials
Source · NBB, 14 filingsTrend over 14 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 1,2 M € | -1.1% | 1,2 M € | -6.1% | 1,3 M € | +26.4% | 992,2 k € | +17.9% | 841,3 k € |
| EBITDA | 397 k € | -33.6% | 597,9 k € | -13.2% | 688,8 k € | +119% | 313,8 k € | -12.5% | 358,6 k € |
| Operating result | 19 k € | -90.9% | 208,9 k € | -33.9% | 315,9 k € | +677% | -54,7 k € | -2250% | -2,3 k € |
| Net result | 9,5 k € | -93.6% | 148,3 k € | -43.5% | 262,2 k € | +819% | -36,5 k € | -255% | 23,5 k € |
| Balance sheet | |||||||||
| Equity | 6,1 M € | -0.7% | 6,1 M € | +1.6% | 6 M € | +3.6% | 5,8 M € | +18.5% | 4,9 M € |
| Total assets | 8,3 M € | -11.2% | 9,3 M € | -3.9% | 9,7 M € | -1.9% | 9,9 M € | +6.5% | 9,3 M € |
| Cash | 605,6 k € | -54.5% | 1,3 M € | -0.0% | 1,3 M € | -9.6% | 1,5 M € | +127% | 647,4 k € |
| Debts | 1,8 M € | -35.1% | 2,8 M € | -13.9% | 3,2 M € | -11.4% | 3,6 M € | -6.6% | 3,9 M € |
| Other | |||||||||
| Workforce | 2,5 ETP | +78.6% | 1,4 ETP | -46.2% | 2,6 ETP | -3.7% | 2,7 ETP | +3.8% | 2,6 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20258 active · 28 ended
Active mandates
Active
Kathleen PARTHOENS
ActiveAnnita LAPORTE
ActiveWim DESMET
ActiveActive
Erik GERITS
ActiveActive
Ended mandates
Other companies at this address
Thor Park 8300 3600 Genk| Company | CBE no. |
|---|---|
3DATX Europe● Active | 0775.451.355 |
Advantive Belgium● Active | 0820.660.283 |
Azteq● Bankrupt | 0684.564.929 |
Bekey Energy● Active | 1036.337.013 |
Bekey Holding● Active | 1036.224.670 |
Bekey Projects● Active | 1036.337.112 |
Belinus Solar● Bankrupt | 0704.818.826 |
COBOTRACKS● Active | 0727.999.648 |
ENPERAS● Active | 0766.508.153 |
EUREKV● Active | 0793.926.984 |
Happit● Active | 0503.915.295 |
JAG2 Solutions● Active | 0545.926.193 |
JLG Ground Support Europe● Active | 0559.796.403 |
JLG MANUFACTURING EUROPE● Active | 0474.725.423 |
LINIO.IO● Active | 0799.270.496 |
MENTHOR● Active | 0543.393.010 |
MO-THOR● Active | 0843.944.639 |
Open Thor Living Lab● Active | 1009.830.079 |
Orion Grid Technologies● Active | 1030.249.272 |
THOR PARK● Active | 0837.304.196 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 17/06/2026 | 19/06/2025 | 24/06/2024 | 15/06/2023 | 14/06/2022 | 25/06/2021 |
| General meeting | 05/06/2026 | 06/06/2025 | 07/06/2024 | 02/06/2023 | 03/06/2022 | 04/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 14 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 05/06/2026 | 17/06/2026 | Dutch | |
| Full model | 31/12/2024 | 06/06/2025 | 19/06/2025 | Dutch | |
| Full model | 31/12/2023 | 07/06/2024 | 24/06/2024 | Dutch | |
| Full model | 31/12/2022 | 02/06/2023 | 15/06/2023 | Dutch | |
| Full model | 31/12/2021 | 03/06/2022 | 14/06/2022 | Dutch | |
| Full model | 31/12/2020 | 04/06/2021 | 25/06/2021 | Dutch | |
| Full model | 31/12/2019 | 05/06/2020 | 26/06/2020 | Dutch | |
| Full model | 31/12/2018 | 07/06/2019 | 13/06/2019 | Dutch | |
| Full model | 31/12/2017 | 01/06/2018 | 22/06/2018 | Dutch | |
| Full model | 31/12/2016 | 02/06/2017 | 09/06/2017 | Dutch | |
| Full model | 31/12/2015 | 03/06/2016 | 27/06/2016 | Dutch | |
| Full model | 31/12/2014 | 05/06/2015 | 25/06/2015 | Dutch | |
| Full model | 31/12/2013 | 06/06/2014 | 03/07/2014 | Dutch | |
| Full model | 31/12/2012 | 07/06/2013 | 24/06/2013 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20258 active · 28 ended
Active mandates
Active
Kathleen PARTHOENS
ActiveAnnita LAPORTE
ActiveWim DESMET
ActiveActive
Erik GERITS
ActiveActive
Ended mandates
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates09/03/2026ONTSLAGEN - BENOEMINGEN
- Mandates06/08/2025ONTSLAGEN - BENOEMINGEN
- Mandates14/08/2024ONTSLAGEN - BENOEMINGEN
- Capital / shares09/11/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
- Mandates25/09/2023ONTSLAGEN - BENOEMINGEN
- Mandates25/08/2022ONTSLAGEN - BENOEMINGEN
- Mandates30/03/2022ONTSLAGEN - BENOEMINGEN
- Mandates24/09/2021ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20259,5 k €↓
- 2024Annual accounts 2024148,3 k €↓
- 2023Annual accounts 2023262,2 k €↑
- 2022Annual accounts 2022-36,5 k €↓
- 2021Annual accounts 202123,5 k €↓
- 2020Annual accounts 2020117,4 k €↓
- 2019Annual accounts 2019146,9 k €↑
- 2018Annual accounts 201813,2 k €↑
- 2017Annual accounts 2017-183,6 k €↑
- 2016Annual accounts 2016-435,8 k €↑
- 2015Annual accounts 2015-449,2 k €↓
- 2014Annual accounts 2014-201,4 k €↓
- 2013Annual accounts 2013-31,7 k €↓
- 2012Annual accounts 2012-8,7 k €
- 23/12/2011IncorporationPublic limited company