Wattmann
ActiveThe computed 12-month bankruptcy probability of Wattmann is 2.4% (moderate). The 2025 annual accounts show equity of €123k and a net result of €21k. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 55% of 27319 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
100
/ 100
Excellent▲ +14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+52
Solvency96=
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 1.99 against 2.01 in 2024), and 48.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51.8%
Return on assets
8.9%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
29 d late
2022
31 d late
2021
31 d late
2020
27 d late
2019
33 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€123k▲ 9.0%
2024 · €113k
2019: €24k
2020: €45k
2021: €71k
2022: €98k
2023: €105k
2024: €113k
2019 → 2025
Total assets
€237k▲ 10.2%
2024 · €215k
2019: €72k
2020: €82k
2021: €126k
2022: €153k
2023: €162k
2024: €215k
2019 → 2025
Net result
€21k▲ 175%
2024 · €8k
2019: €19k
2020: €23k
2021: €28k
2022: €28k
2023: €21k
2024: €8k
2019 → 2025
Working capital
€114k▲ 14.7%
2024 · €99k
2019: €18k
2020: €42k
2021: €63k
2022: €91k
2023: €96k
2024: €99k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€71k-€98k▲ 37.0%€105k▲ 7.7%€113k▲ 7.3%€123k▲ 9.0%
Operating result€37k-€44k▲ 19.7%€33k▼ 24.3%€16k▼ 50.8%€37k▲ 130%
Net result€28k-€28k▼ 0.1%€21k▼ 26.2%€8k▼ 62.6%€21k▲ 175%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 130% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €237k
Fixed assets
€9k▼ 48.6%
Current assets
€228k▲ 15.5%
Equity and liabilities €237k
Equity
€123k▲ 9.0%
Debt
€114k▲ 11.4%
The debt ratio rises from 47.6% to 48.2%: debt grows faster than equity.
Key figures and ratios
EBITDA
€46k▲
2024 · €24k
Cash flow
€30k▲
2024 · €15k
Solvency
51.8%▼
2024 · 52.4%
Current ratio
1.99▼
2024 · 2.01
Quick ratio
1.98▲
2024 · 1.96
Debt / equity
0.93▲
2024 · 0.91
ROE
17.2%▲
2024 · 6.8%
ROA
8.9%▲
2024 · 3.6%
Interest coverage
7.13▲
2024 · 5.51
Debt
€114k▲
2024 · €103k
Debt ≤ 1 year
€114k▲
2024 · €98k
Income taxes
€11k▲
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€215k€237k▲
Fixed assets21/28€18k€9k▼
Tangible fixed assets22/27€18k€9k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€15k€7k▼
Current assets29/58€197k€228k▲
Stocks and contracts in progress3€5k€1k▼
Stocks30/36€5k€1k▼
Amounts receivable within one year40/41€18k€35k▲
Trade receivables40€17k€35k▲
Other amounts receivable41€1k€355▼
Current investments50/53€60k€100k▲
Cash at bank and in hand54/58€114k€91k▼
Equity and liabilities
Total equity and liabilities10/49€215k€237k▲
Equity10/15€113k€123k▲
Contributions10/11€6k€6k=
Reserves13€96k€106k▲
Distributable reserves133€96k€106k▲
Profit (loss) carried forward14€11k€11k▲
Amounts payable17/49€103k€114k▲
Amounts payable after more than one year17€4k-
Financial debts170/4€4k-
Amounts payable within one year42/48€98k€114k▲
Current portion of amounts payable after more than one year42€5k€4k▼
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€6k€10k▲
Taxes450/3€6k€10k▲
Other amounts payable47/48€86k€97k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€9k▲
Other operating charges640/8€1k€944▼
Gross operating margin9900€25k€47k▲
Operating profit (loss)9901€16k€37k▲
Financial income75/76B€535€1k▲
Recurring financial income75€535€1k▲
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€13k€32k▲
Income taxes67/77€5k€11k▲
Profit (loss) for the period9904€8k€21k▲
Profit (loss) for the period to be appropriated9905€8k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€32k▲
Profit (loss) brought forward from the previous period14P€11k€11k▲
Transfer to equity691/2€8k€10k▲
To other reserves6921€8k€10k▲
Profit to be distributed694/7-€11k
Return on contributions (dividend)694-€11k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €8k ▼62.6%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Equity above €100kEq €105k ▲7.7%
5 profitable years in a row build equity to €105k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2019net €28k ▲23.1%
Net result €28k, the highest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 33 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Herzele · 2 establishment units since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Mollestraat 69550 HerzeleGround area
1,859 m²
Building footprint
304 m²
Volume, LiDAR
791 m³
2 parcels, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Wattmann
since 20192.284.739.384
Mind The Light
since 20192.287.103.909
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41062B1169/00H000 | Flanders | 1,700 m² | 1 · 161 m² | - |
| 41362B1418/00C000 | Flanders | 159 m² | 1 · 143 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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KB ELEKTRO
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MANTAEV SERVICE
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Roeselare · Eq €123k
JERANTIS
BE 0661.839.116
Brecht · Eq €123k
PRINCIOTTA JONATHAN
BE 0893.358.815
Bilzen-Hoeselt · Eq €123k
Of 22,731 companies in sector 43211 we hold annual accounts for 10,271. 8,697 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-12-2018
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
42220Construction of utility projects for electricity and telecommunications
47552Retail sale of lighting equipment
47592Retail trade
71121Engineering and related technical consultancy, excluding land surveyors
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.