ACTIVE

SOETEWATER

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Financial year 2024 · closed on 31/12/2024

Net result

-14,3 k €

-609.7% YoY

Gross margin

50,9 k €

-35.6% YoY

Equity

48,5 k €

-22.7% YoY

What does SOETEWATER do?

SOETEWATER is a Private limited company incorporated in 2012. Its main activity is: Holiday and other short-stay accommodation. Its registered office is in Beernem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0846.193.158

Incorporation

29/05/2012

Legal form

Private limited company

Registered office

Rietstraat 31
8730 Beernem · FlandreSee on map

Contributed capital

50 000,00 €

Latest accounts

31/12/2024

Activities (NACE)

55204Holiday and other short-stay accommodation· main 55204Holiday and other short-stay accommodation 68203Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate 55204Holiday and other short-stay accommodation 55204Holiday and other short-stay accommodation+4

Signals

Good liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013
Income statement
Gross margin	50,9 k €	-35.6%	79,1 k €	+29.6%	61,1 k €	-14.9%	71,8 k €	+26.0%	56,9 k €	+9.1%	52,2 k €	-2.3%	53,4 k €	-22.0%	68,4 k €	+42.6%	48 k €	+93.0%	24,9 k €	-57.3%	58,2 k €	-17.7%	70,7 k €
EBITDA	44,7 k €	-40.5%	75,2 k €	+29.1%	58,3 k €	-15.8%	69,2 k €	+30.5%	53 k €	+106%	25,8 k €	-48.5%	50 k €	-23.0%	64,9 k €	+52.0%	42,7 k €	+103%	21 k €	-63.3%	57,4 k €	-8.7%	62,8 k €
Operating result	12,2 k €	-71.7%	43,2 k €	+62.2%	26,6 k €	-34.2%	40,4 k €	+86.0%	21,7 k €	+390%	-7,5 k €	-126%	28,7 k €	-8.0%	31,2 k €	+274%	8,3 k €	+176%	-11 k €	-137%	29,7 k €	-29.2%	41,9 k €
Net result	-14,3 k €	-610%	2,8 k €	+1486%	176,7 €	-99.2%	22,2 k €	+502%	3,7 k €	+248%	1,1 k €	-82.5%	6 k €	-8.4%	6,6 k €	+135%	-18,9 k €	-34.7%	-14 k €	-637%	2,6 k €	+432%	490 €
Balance sheet
Equity	48,5 k €	-22.7%	62,8 k €	+4.7%	60 k €	+0.3%	59,8 k €	+59.1%	37,6 k €	+10.9%	33,9 k €	+3.2%	32,9 k €	+22.6%	26,8 k €	+32.6%	20,2 k €	-48.3%	39,1 k €	-26.4%	53,1 k €	+5.2%	50,5 k €
Total assets	1,1 M €	+51.1%	726,2 k €	-31.4%	1,1 M €	-3.2%	1,1 M €	+66.6%	656,5 k €	-3.0%	676,8 k €	-8.7%	741,2 k €	+1.8%	728,4 k €	-2.2%	744,7 k €	-3.2%	769,4 k €	-2.4%	788,2 k €	+6.9%	737,3 k €
Cash	5 k €	-15.8%	6 k €	+143%	2,4 k €	+34.1%	1,8 k €	-48.4%	3,5 k €	+302%	880,3 €	-72.9%	3,2 k €	+21.8%	2,7 k €	+37.2%	1,9 k €	-8.9%	2,1 k €	+26.7%	1,7 k €	+28.3%	1,3 k €
Debts	1 M €	+58.6%	654,2 k €	-34.5%	998,4 k €	-3.4%	1 M €	+67.0%	618,8 k €	-3.6%	642,1 k €	-8.6%	702,2 k €	+2.8%	683,3 k €	-3.3%	706,9 k €	-1.2%	715,6 k €	-1.0%	722,8 k €	+6.7%	677,5 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		0,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 4 ended

Active mandates

Hein Vandenbrande

Director · since 29 mai 2012

Active

Veronique Soete

Director · since 29 mai 2012

Active

Ended mandates

HEIN VANDENBRANDE

Director

Ended

HEIN VANDENBRANDE

Manager

Ended

VERONIQUE SOETE

Director

Ended

VERONIQUE SOETE

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Steenkracht● Active	1038.888.806
VANDENBRANDE HEIN● Active	0891.847.296

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	04/07/2025	01/07/2024	29/06/2023	04/07/2022	05/07/2021	30/06/2020
General meeting	28/06/2025	29/06/2024	24/06/2023	25/06/2022	26/06/2021	27/06/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

12 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	28/06/2025	04/07/2025	Dutch	PDF
Micro model	31/12/2023	29/06/2024	01/07/2024	Dutch	PDF
Micro model	31/12/2022	24/06/2023	29/06/2023	Dutch	PDF
Micro model	31/12/2021	25/06/2022	04/07/2022	Dutch	PDF
Micro model	31/12/2020	26/06/2021	05/07/2021	Dutch	PDF
Micro model	31/12/2019	27/06/2020	30/06/2020	Dutch	PDF
Micro model	31/12/2018	08/03/2019	28/06/2019	Dutch	PDF
Micro model	31/12/2017	30/06/2018	23/07/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	25/06/2016	28/09/2016	Dutch	PDF
Abridged model	31/12/2014	27/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	28/06/2014	29/08/2014	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2024 · 2 active · 4 ended

Active mandates

Hein Vandenbrande

Director · since 29 mai 2012

Active

Veronique Soete

Director · since 29 mai 2012

Active

Ended mandates

HEIN VANDENBRANDE

Director

Ended

HEIN VANDENBRANDE

Manager

Ended

VERONIQUE SOETE

Director

Ended

VERONIQUE SOETE

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/08/2021
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office27/11/2014
MAATSCHAPPELIJKE ZETEL
PDF
Other31/05/2012
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

2024
Annual accounts 2024-14,3 k €↓
2023
Annual accounts 20232,8 k €↑
2022
Annual accounts 2022176,7 €↓
2021
Annual accounts 202122,2 k €↑
2020
Annual accounts 20203,7 k €↑
2019
Annual accounts 20191,1 k €↓
2018
Annual accounts 20186 k €↓
2017
Annual accounts 20176,6 k €↑
2016
Annual accounts 2016-18,9 k €↓
2015
Annual accounts 2015-14 k €↓
2014
Annual accounts 20142,6 k €↑
2013
Annual accounts 2013490 €
29/05/2012
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SOETEWATER

Overview

What does SOETEWATER do?

Trend over 12 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline