DE WAT
ActiveDE WAT has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €236k and a net result of €5k. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 95% of 4829 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
86
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability10▼-38
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days only on tighter terms
Liquidity ample (current ratio 16.43 against 4.1 in 2023), and 2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
98%
Return on assets
1.9%
Age of the figures
26 mo
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 225 days later.
NBB · 10 filingsPosition against the passed deadline
30-06-2025 close31-01-2026 deadline13-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 12-12-2024, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
50 d early
2023
43 d early
2022
54 d early
2021
45 d early
2020
45 d early
2019
46 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€5k▼ 78.9%
2023 · €22k
2019: €-6k
2020: €-851
2021: €21k
2022: €53k
2023: €22k
2019 → 2024
Working capital
€74k▲ 91.6%
2023 · €39k
2019: €-7k
2020: €-20k
2021: €58k
2022: €112k
2023: €39k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€135k-€156k▲ 15.8%€209k▲ 33.8%€231k▲ 10.6%€236k▲ 2.0%
Operating result€584-€39k▲ 6,595%€60k▲ 53.2%€35k▼ 42.3%€276▼ 99.2%
Net result€-851-€21k€53k▲ 147%€22k▼ 58.1%€5k▼ 78.9%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 99% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €240k
Fixed assets
€162k▼ 15.9%
Current assets
€79k▲ 54.3%
Equity and liabilities €240k
Equity
€236k▲ 2.0%
Debt
€5k▼ 61.5%
The debt ratio falls from 5.1% to 2.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€34k▼
2023 · €54k
Cash flow
€38k▼
2023 · €41k
Solvency
98.0%▲
2023 · 94.9%
Current ratio
16.43▲
2023 · 4.10
Quick ratio
16.43▲
2023 · 4.10
Debt / equity
0.02▼
2023 · 0.05
ROE
2.0%▼
2023 · 9.6%
ROA
1.9%▼
2023 · 9.1%
Interest coverage
136.45▼
2023 · 1495.41
Debt
€5k▼
2023 · €12k
Debt ≤ 1 year
€5k▼
2023 · €12k
Income taxes
€-5k▼
2023 · €12k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€243k€240k▼
Fixed assets21/28€192k€162k▼
Tangible fixed assets22/27€192k€162k▼
Land and buildings22€192k€162k▼
Current assets29/58€51k€79k▲
Amounts receivable within one year40/41€2k€15k▲
Trade receivables40€2k€4k▲
Other amounts receivable41-€11k
Cash at bank and in hand54/58€49k€64k▲
Deferred charges and accrued income490/1€174-
Equity and liabilities
Total equity and liabilities10/49€243k€240k▼
Equity10/15€231k€236k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€169k€169k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€163k€163k=
Profit (loss) carried forward14-€5k
Amounts payable17/49€12k€5k▼
Amounts payable within one year42/48€12k€5k▼
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Taxes, remuneration and social security45€7k€797▼
Taxes450/3€7k€797▼
Other amounts payable47/48€204€204=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€33k▲
Other operating charges640/8€21k€2k▼
Gross operating margin9900€75k€36k▼
Operating profit (loss)9901€35k€276▼
Financial charges65/66B€36€247▲
Recurring financial charges65€36€247▲
Profit (loss) for the period before taxes9903€35k€29▼
Income taxes67/77€12k€-5k▼
Profit (loss) for the period9904€22k€5k▼
Profit (loss) for the period to be appropriated9905€22k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€5k▼
Transfer to equity691/2€22k-
To other reserves6921€22k-
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
2024
12-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
30-06
Financial
Liquidity quadruplescurrent ratio 16.43
Current ratio from 4.10 to 16.43; short-term debt falls from €12k to €5k.
2023
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
08-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Highest result since 2019net €53k ▲147%
Operating result €60k, net result €53k, both a record.
30-06
Financial
Liquidity times 8current ratio 35.79
Current ratio from 4.22 to 35.79; short-term debt falls from €18k to €3k.
30-06
Financial
Equity above €200kEq €209k ▲33.8%
2 profitable years in a row build equity to €209k.
2021
17-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Back to profitnet €21k
Net result €21k after 2 loss-making years.
30-06
Financial
Liquidity times 8current ratio 4.22
Current ratio from 0.54 to 4.22; short-term debt falls from €44k to €18k.
30-06
Financial
Equity above €150kEq €156k ▲15.8%
Equity rises from €135k to €156k.
2020
17-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
20-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
23-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
05-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Anderlecht · 1 establishment unit since 1994
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.
Aakaai 7A1070 AnderlechtGround area
2,060 m²
Building footprint
1,473 m²
Volume, LiDAR
9,579 m³
Parcel 21306D0171/00A002, Brussels · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Aakaai 7A, 1070 Anderlecht
since 19942.067.264.988
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306D0171/00A002 | Brussels | 2,060 m² | 1 · 1,473 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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FH CONSULT
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MOTIMO COMPANY
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DYCIMMO
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IMMO HANSSENS
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NONO
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Of 9,094 companies in sector 68201 we hold annual accounts for 6,725. 4,860 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded08-01-1993
Fiscal year end30-06
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.