OPENING OF BANKRUPTCY

WATTMAN

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Financial year 2023 · closed on 31/12/2023

Net result

1,2 k €

-94.0% YoY

Gross margin

2,3 k €

-88.4% YoY

Equity

-322,6 k €

-152.6% YoY

Company — Opening of bankruptcy.

What does WATTMAN do?

WATTMAN is a Public limited company incorporated in 2005. Its registered office is in Turnhout.

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0873.702.259

Incorporation

10/05/2005

Legal form

Public limited company

Registered office

Parklaan 46 box 341
2300 Turnhout · FlandreSee on map

Contributed capital

62 500,00 €

Latest accounts

31/12/2023

Contacts

1 public detail availableLog in to view

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2012		2011		2010		2009		2008		2006
Income statement
Gross margin	2,3 k €	-88.4%	20,1 k €	+461%	-5,6 k €	+8.0%	-6 k €	-79.0%	-3,4 k €	+1.0%	-3,4 k €	-103%	117,2 k €	-6.2%	125 k €	+7658%	-1,7 k €	-822%	-179,3 €	+99.7%	-57,9 k €	-244%	40,1 k €	-87.6%	324 k €	-18.1%	395,8 k €	+1183%	-36,5 k €	-194%	38,8 k €
EBITDA	1,2 k €	-93.7%	19,6 k €	+400%	-6,5 k €	+6.9%	-7 k €	-61.5%	-4,3 k €	+0.7%	-4,4 k €	-104%	116,3 k €	-6.1%	123,8 k €	+4497%	-2,8 k €	-110%	-1,3 k €	+97.7%	-59,2 k €	-258%	37,4 k €	-88.4%	322,9 k €	-18.2%	394,9 k €	+1146%	-37,7 k €	-202%	37 k €
Operating result	1,2 k €	-93.7%	19,6 k €	+400%	-6,5 k €	+6.9%	-7 k €	-61.5%	-4,3 k €	+0.7%	-4,4 k €	-104%	116,3 k €	-6.1%	123,8 k €	+4497%	-2,8 k €	-110%	-1,3 k €	+97.7%	-59,2 k €	-305%	28,8 k €	-90.6%	306,9 k €	-19.0%	378,8 k €	+804%	-53,8 k €	-282%	29,5 k €
Net result	1,2 k €	-94.0%	19,6 k €	+400%	-6,5 k €	+6.9%	-7 k €	-61.1%	-4,4 k €	+99.5%	-814,3 k €	+90.6%	-8,7 M €	-7542%	116,6 k €	+3445%	-3,5 k €	-131%	-1,5 k €	+97.5%	-60,5 k €	-102%	3,4 M €	+3122%	-113,8 k €	-267%	68,1 k €	+216%	-58,5 k €	-443%	17 k €
Balance sheet
Equity	-322,6 k €	-153%	613,7 k €	+3.3%	594,1 k €	-1.1%	600,7 k €	-1.2%	607,7 k €	-0.7%	612 k €	-57.1%	1,4 M €	-85.9%	10,1 M €	+1.2%	10 M €	-0.0%	10 M €	+136%	4,2 M €	-1.4%	4,3 M €	+400%	859 k €	-11.7%	972,9 k €	+7.5%	904,7 k €	-11.0%	1 M €
Total assets	4,9 k €	-99.3%	713,7 k €	-0.5%	717,6 k €	-0.4%	720,8 k €	-1.0%	727,8 k €	-0.6%	732 k €	-66.6%	2,2 M €	-78.8%	10,4 M €	+3.6%	10 M €	-0.0%	10 M €	+115%	4,6 M €	-17.4%	5,6 M €	+112%	2,7 M €	-6.5%	2,8 M €	-16.0%	3,4 M €	+35.6%	2,5 M €
Cash	5,5 €		–		–		–		–		–		14,8 €	-90.5%	155,7 €	-23.6%	203,8 €	-99.9%	176,3 k €	+1621%	10,2 k €	-85.9%	72,4 k €	+49.3%	48,5 k €	+72.0%	28,2 k €	-95.9%	682,2 k €	+323%	161,5 k €
Debts	242,5 k €		–		3,5 k €	+2009%	167 €	+9.0%	153,3 €		–		645,7 k €	+8959%	7,1 k €	+1190%	552,6 €	+104%	270,3 €	-99.9%	410,2 k €	+63.7%	250,6 k €	-71.2%	869,9 k €	+2.4%	849,1 k €	-37.9%	1,4 M €	+650%	182,3 k €

Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 27 ended

Active mandates

Philippe Verschueren

Director

Active

Philippe Verschueren

Managing director

Active

Ended mandates

MANTIS ADVIES

Director · since 05 novembre 2018 · until 04 novembre 2024 · 0874.814.294

Represented by Ramesh Dusoruth

Ended

Pieter STELTENPOOL

Director · since 03 juin 2016 · until 03 juin 2022

Ended

Ramesh DUSORUTH

Managing director · since 03 juin 2016 · until 02 juin 2022

Ended

Ramesh DUSORUTH

Managing director · since 03 juin 2016 · until 03 juin 2022

Ended

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Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Abridged model	Abridged model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/09/2024	13/08/2023	30/01/2023	27/07/2021	03/07/2020	20/06/2019
General meeting	07/06/2024	02/06/2023	03/06/2022	04/06/2021	05/06/2020	07/06/2019
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2023	07/06/2024	30/09/2024	Dutch	PDF
Abridged model	31/12/2022	02/06/2023	13/08/2023	Dutch	PDF
Micro model	31/12/2021	03/06/2022	30/01/2023	Dutch	PDF
Micro model	31/12/2020	04/06/2021	27/07/2021	Dutch	PDF
Micro model	31/12/2019	05/06/2020	03/07/2020	Dutch	PDF
Micro model	31/12/2018	07/06/2019	20/06/2019	Dutch	PDF
Micro model	31/12/2017	01/06/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	11/07/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	24/07/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	04/07/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	31/07/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	31/07/2012	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	03/08/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	09/08/2010	Dutch	PDF
Abridged model	31/12/2008	05/06/2009	30/07/2009	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	28/09/2007	Dutch	PDF

Estimate

Indicative valuation

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 31/12/2023 · 2 active · 27 ended

Active mandates

Philippe Verschueren

Director

Active

Philippe Verschueren

Managing director

Active

Ended mandates

MANTIS ADVIES

Director · since 05 novembre 2018 · until 04 novembre 2024 · 0874.814.294

Represented by Ramesh Dusoruth

Ended

Pieter STELTENPOOL

Director · since 03 juin 2016 · until 03 juin 2022

Ended

Ramesh DUSORUTH

Managing director · since 03 juin 2016 · until 02 juin 2022

Ended

Ramesh DUSORUTH

Managing director · since 03 juin 2016 · until 03 juin 2022

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office11/07/2023
MAATSCHAPPELIJKE ZETEL
PDF
Registered office27/03/2023
BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates24/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/05/2021
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/01/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/09/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/06/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/08/2015
ONTSLAGEN - BENOEMINGEN
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

2023
Annual accounts 20231,2 k €↓
2022
Annual accounts 202219,6 k €↑
2022
Name changeWattman
2021
Annual accounts 2021-6,5 k €↑
2020
Annual accounts 2020-7 k €↓
2019
Annual accounts 2019-4,4 k €↑
2018
Annual accounts 2018-814,3 k €↑
2017
Annual accounts 2017-8,7 M €↓
2016
Annual accounts 2016116,6 k €↑
2015
Annual accounts 2015-3,5 k €↓
2014
Annual accounts 2014-1,5 k €↑
2012
Annual accounts 2012-60,5 k €↓
2011
Annual accounts 20113,4 M €↑
2010
Annual accounts 2010-113,8 k €↓
2009
Annual accounts 200968,1 k €↑
2008
Annual accounts 2008-58,5 k €↓
2008
Name changeBRAZZ
2006
Annual accounts 200617 k €
2006
Name changeDUSYCK
10/05/2005
IncorporationPublic 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

WATTMAN

Overview

What does WATTMAN do?

Trend over 16 financial years

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