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So Watts

Active
Private limited companyfounded 2015active for 11 yearsRue Saint-Antoine(PAC) 16, 6230 Pont-à-Celles, BelgiumKBO/BCE: BE 0632.619.746
Summary

The computed 12-month bankruptcy probability of So Watts is 3.0% (moderate). The 2025 annual accounts show negative equity (-€30,588) and a net result of -€22,444. Equity has been shrinking by about 8.3% per year since 2018. Its solvency ranks better than 5% of 34,972 sector peers (NACE 43, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 22-06-2015 Normal situation
Activity
General electrical installation work NACE 43211and 5 others
Joint committee
149.01 Paritair Subcomité voor de elektriciens: installatie en distributie · annual accounts 2022
Establishment unit
2.243.878.333 6250 Aiseau-Presles, since 01-07-2015
Financial year end
31 December
Peppol
Reachable since 05-02-2026

Board and ownership

Board
Shareholders
  • Clarke Nathan Grégoryact of 10-03-2025

Financial position

48 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.0%
Annual accounts 2025
Gross margin
€53,365
Turnover
≈ €210,000
estimated
Loss
€22,444
▼ 86.5%
Equity
-€30,588
▼ 276%
Total assets
€108,199
▼ 25.4%
Employees on 31-12-2025
1
=
  • Negative equity on 31-12-2025
Score breakdownraises riskLoss of €22,444, the second in a row (financial year 2025)Negative equity -€30,5881 change of registered office in 24 monthslowers riskSize: total assets €108,199Show the evidence

Checked score

Score 2025
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 3% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 0-19
equity -28.3% of total assets
Liquidity 4+2
short-term debt 123.7% · cash 2.9%
Profitability 0=
return on assets -20.7%
Bankruptcy probability within 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,685 companies, NACE 43, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.3%▲ +0.2 percentage points vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 4.3%▲ +3.9 percentage points vs 07-2025 09-2025: 4.3%● unchanged vs 08-2025 10-2025: 4.3%● unchanged vs 09-2025 11-2025: 4.3%● unchanged vs 10-2025 12-2025: 4.2%▼ -0.1 percentage points vs 11-2025 01-2026: 4.2%● unchanged vs 12-2025 02-2026: 4.1%▼ -0.1 percentage points vs 01-2026 03-2026: 4.1%● unchanged vs 02-2026 04-2026: 4.4%▲ +0.3 percentage points vs 03-2026 05-2026: 4.6%▲ +0.2 percentage points vs 04-2026highest value 06-2026: 4.3%▼ -0.3 percentage points vs 05-2026 07-2026: 4.5%▲ +0.2 percentage points vs 06-2026 08-2026: 3.0%▼ -1.5 percentage points vs 07-2026 09-2026: 3.0%● unchanged vs 08-2026 10-2026: 3.0%● unchanged vs 09-2026 11-2026: 3.0%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.54 (0.71 in 2024), below 1. Short-term debt is 123.7% and cash 2.9% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 3% of them on solvency, 4% on liquidity, 4% on profitability and 1% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €108,199
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €22,444, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€30,588
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€30,588
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 25-07-2026, 6 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
6 days early
2024
34 days early
2023
28 days early
2022
87 days early
2021
4 days late
2020
37 days early
2019
11 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 25 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 July (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€30,588 View
  • Caution: Lower solvency than 95% of companies in specialised constructionsector median 46.7% · 34,972 companies -28.3% View
  • Positive: Result rose in 2025from -€165,991 to -€22,444 ▲ 86.5% View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€22,444 View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Registered office moved from Velaine-Sur-Sambre to Pont-à-CellesTransfer of 50 shares · New seat: Rue Saint-Antoine 16B, 6230 Pont-à-Celles · Previous seat: Rue Gustave Bruyr 6, 5060 Velaine-Sur-Sambre
  2. · Gazette deed Company renamed from V.O.V Energies to So WattsChange of role: VAN OOSTVELDT Quentin, from manager to director · Resignation: VAN OOSTVELDT Emmanuel (manager) · Appointment: CLARKE Nathan (director)
  3. · Gazette deed Incorporation
All 18 events

Comparable companies

These companies have the same main activity as So Watts: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €97,400 and €126,000, founded between 2014 and 2016.

CompanyTotal assetsGross margin
So Watts Pont-à-Celles€108,199€53,365
APJ TECHNIEK Olen€108,674€46,627
AMJ GROUP Seraing€121,367€59,682
All Safe Security Kapellen€113,853€45,691
Elatec! Puurs-Sint-Amands€97,378€46,302
AV SECURITY Namur€126,328€51,536
VAN den BRANDE ELEKTRO Hemiksem€111,849€47,998
Full comparison

Key facts about So Watts

What is the company number of So Watts?
The company number of So Watts is 0632.619.746. The VAT number is the same number with BE in front: BE 0632.619.746.
Where is So Watts based?
The registered office is at Rue Saint-Antoine(PAC) 16, 6230 Pont-à-Celles.Company details
What does So Watts do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of So Watts?
The legal form of So Watts is Private limited company (BV).
When was So Watts founded?
So Watts was founded on 22-06-2015.
Is So Watts still active?
Yes, So Watts is an active enterprise in the KBO register.
How many employees does So Watts have?
So Watts had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does So Watts fall under?
In its 2022 annual accounts, So Watts states joint committee 149.01 (Paritair Subcomité voor de elektriciens: installatie en distributie).
What is the turnover of So Watts?
The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €53,365 and 40 comparable companies (NACE 43211). It probably lies between €130,000 and €330,000.
Is So Watts profitable?
In financial year 2025, So Watts made a loss of €22,444.
Where can I find the annual accounts of So Watts?
So Watts filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of So Watts due?
So Watts must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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