Financials
- Financial year
- 2025
- Total assets
- €83,426
- Loss
- -€2,399
- Solvency
- 62.1%
Total assets▼ 4.4%
Net result
20182025
VERTWATT
ActiveSummary
VERTWATT has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51,846 and a net result of -€2,399. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 73% of 347 sector peers (NACE 35, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Production of electricity from non-renewable sources
NACE 35110
8th oldest company in Hainaut, Energy sector1 site
Size
€83,426total assets 2025
- Equity
- €51,846
- Loss
- -€2,399
Structure
- Parent
- HYDRO ELECTRIQUE ET MECANIQUE · 100%
2025 accounts 44 days early2 deeds in the Belgian Official Gazette
Why 86raises riskSize: total assets €83,426Loss of €2,399 (financial year 2025)lowers riskFounded in 2006Sector: Electricity, gas, steam and air conditioning supply (NACE 35)Show the evidence
Checked score
Score 2025
86
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 48% of its sector peers (NACE 35, micro)
Financial strength · tick = 2024
Strong
Solvency
87-3
equity 62.1% of total assets
Liquidity
48+10
short-term debt 34.0% · cash 10.5%
Profitability
65-13
return on assets -2.9%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.4%▲ +0.3 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026highest value
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.3%▼ -0.1 percentage points vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.6, compared with 0.48 in 2024, below 1; short-term debt: 34% and cash: 10.5% of total assets), and 37.9% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 35, micro): better than 66% on solvency, 34% on liquidity, 53% on profitability and 37% on growth.
The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
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 17-06-2026, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 days early
2024
29 days early
2023
8 days early
2022
31 days early
2021
16 days early
2020
58 days early
2019
43 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 33 days before the deadline; the sector median (NACE 35) for financial year 2024 is 22 days before the deadline, and 27% 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 2 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · full…
- Annual accounts filedfinancial year 2023 · full…
Key points
By topic
Board & ownership
- Parent
- HYDRO ELECTRIQUE ET MECANIQUE · 100%
Timeline
- Events
- 21
- Since
- 2008
- Next accounts
- by 31-07-2027
- 30-06-2023Annual accounts filed
- 15-07-2022Annual accounts filed
- 03-06-2021Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Production of electricity from non-renewable sourcesNACE 35110
- Founded
- 27-12-2006
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about VERTWATT
- What is the company number of VERTWATT?
- 0885.950.488. In Belgium the VAT number is the company number with BE in front: BE 0885.950.488.
- Where is VERTWATT based?
- The registered office is at Rue de Nalinnes 535, 6001 Charleroi.Company details
- What does VERTWATT do?
- According to the KBO register, the main activity is production of electricity from non-renewable sources (NACE 35110).
- What is the legal form of VERTWATT?
- Private limited company (pre-2019) (BVBA).
- When was VERTWATT founded?
- On 27-12-2006.
- Is VERTWATT still active?
- Yes, VERTWATT is an active enterprise in the KBO register.
- What is the turnover of VERTWATT?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is VERTWATT profitable?
- In financial year 2025, VERTWATT made a loss of €2,399.
- Where can I find the annual accounts of VERTWATT?
- VERTWATT filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VERTWATT due?
- By 31-07-2027, for financial year 2026.Timeline
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Parent and group
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