Equity
WATCOM paid out €20,000 in dividends. That is 248% of the 2025 profit.
WATCOM paid out €20,000 in dividends. That is 248% of the 2025 profit.
Short-term debts rose from €7,480 to €23,721.
Two of the last ten came late. The 2021 accounts came latest: 26 days after the end of the period.
In July 2024, 31,386 companies had the same profile as WATCOM has now. Each dot stands for 79 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,386 companies, not a prediction for WATCOM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
WATCOM files the micro format. That format states no turnover. The gross margin fell from €60,790 in 2006 to €23,756 in 2025.
The balance sheet grew most from 2009 to 2011 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €180,000. Estimated: probably between €83,000 and €430,000.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
138,234 | 134,299 | 152,838 | 150,475 | 184,480 | 177,049 | 257,014 | 256,888 | 311,706 | 294,587 | 333,323 | 332,461 | 422,503 | 428,972 | 462,906 | 433,851 | 420,200 | 398,373 | 370,259 | 391,599 | |
20 |
4,058 | 4,058 | 4,058 | 4,058 | 4,058 | 4,058 | 8,099 | 8,099 | 8,099 | 8,099 | 8,099 | 8,099 | 8,099 | 8,099 | 8,099 | 8,099 | 8,099 | 4,058 | 4,058 | 7,305 | |
21/28 |
63,835 | 71,981 | 80,354 | 61,358 | 64,773 | 68,618 | 172,281 | 189,596 | 209,860 | 211,533 | 235,394 | 250,777 | 251,847 | 271,297 | 297,522 | 298,640 | 307,769 | 181,656 | 192,574 | 215,797 | |
22/27 |
63,541 | 71,688 | 80,061 | 61,064 | 64,480 | 68,324 | 171,988 | 189,302 | 209,567 | 211,240 | 227,002 | 242,385 | 243,455 | 262,905 | 289,130 | 290,248 | 299,377 | 177,304 | 188,223 | 208,199 | |
22 |
51,901 | 54,681 | 57,462 | 60,242 | 63,022 | 65,803 | 167,943 | 173,964 | 179,984 | 186,004 | 192,025 | 198,045 | 204,066 | 210,086 | 216,106 | 222,127 | 228,147 | 99,168 | 101,948 | 104,728 | |
23 |
- | 22 | 270 | 822 | 1,457 | 2,166 | 3,333 | 7,460 | 12,772 | 16,182 | 21,398 | 25,749 | 30,402 | 38,766 | 53,575 | 65,328 | 63,794 | 50,123 | 61,727 | 71,895 | |
24 |
11,641 | 16,985 | 22,329 | - | - | 356 | 712 | 7,878 | 16,811 | 9,053 | 13,579 | 18,591 | 8,988 | 14,053 | 19,448 | 2,793 | 7,435 | 14,514 | 24,547 | 31,576 | |
27 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13,500 | - | - | |
28 |
293 | 293 | 293 | 293 | 293 | 293 | 293 | 293 | 293 | 293 | 293 | 293 | 293 | 293 | 293 | 293 | 293 | 293 | 293 | 293 | |
29/58 |
70,341 | 58,259 | 68,426 | 85,059 | 115,648 | 104,373 | 76,634 | 59,194 | 93,747 | 74,956 | 97,929 | 81,683 | 170,656 | 157,674 | 165,384 | 135,211 | 112,432 | 216,717 | 177,685 | 175,802 | |
40/41 |
- | 2,038 | - | - | - | 3,377 | 15,267 | 49,039 | 54,824 | 60,837 | 53,890 | 54,634 | 54,439 | 54,684 | 99,182 | 67,494 | 71,763 | 78,730 | 73,555 | 86,174 | |
40 |
- | - | - | - | - | - | 11,725 | 49,039 | 47,061 | 50,057 | 53,890 | 54,634 | 54,332 | 53,069 | 99,182 | 67,494 | 70,582 | 78,730 | 73,490 | 83,174 | |
41 |
- | 2,038 | - | - | - | 3,377 | 3,542 | - | 7,763 | 10,781 | - | - | 107 | 1,615 | - | - | 1,181 | - | 65 | 3,000 | |
54/58 |
69,001 | 54,976 | 68,205 | 84,887 | 115,369 | 99,819 | 60,566 | 8,662 | 38,748 | 14,118 | 41,810 | 27,049 | 116,217 | 102,990 | 66,202 | 67,717 | 39,752 | 137,401 | 102,957 | 87,868 | |
490/1 |
1,340 | 1,246 | 221 | 172 | 280 | 1,177 | 801 | 1,492 | 175 | - | 2,229 | - | - | - | - | - | 917 | 587 | 1,173 | 1,760 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
138,234 | 134,299 | 152,838 | 150,475 | 184,480 | 177,049 | 257,014 | 256,888 | 311,706 | 294,587 | 333,323 | 332,461 | 422,503 | 428,972 | 462,906 | 433,851 | 420,200 | 398,373 | 370,259 | 391,599 | |
10/15 |
110,753 | 122,695 | 115,923 | 131,463 | 137,861 | 131,293 | 88,791 | 73,886 | 48,975 | 266,428 | 275,089 | 276,706 | 273,594 | 322,792 | 313,381 | 286,711 | 266,383 | 271,718 | 243,668 | 230,974 | |
10/11 |
6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | |
100 |
- | - | - | - | - | - | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
101 |
- | - | - | - | - | - | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | |
13 |
65,175 | 77,117 | 70,346 | 85,885 | 92,284 | 85,716 | 66,498 | 67,281 | 42,371 | 29,824 | 30,607 | 31,389 | 32,172 | 32,955 | 33,738 | 34,521 | 35,303 | 36,086 | 36,869 | 37,651 | |
130/1 |
1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | |
1311 |
1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
8,090 | 8,873 | 9,656 | 10,438 | 11,221 | 12,004 | 64,639 | 26,399 | 27,182 | 27,965 | 28,747 | 29,530 | 30,313 | 31,096 | 31,879 | 32,661 | 33,444 | 34,227 | 35,010 | 35,792 | |
133 |
55,226 | 66,385 | 58,831 | 73,588 | 79,203 | 71,852 | - | 39,023 | 13,330 | - | - | - | - | - | - | - | - | - | - | - | |
14 |
39,380 | 39,380 | 39,380 | 39,380 | 39,380 | 39,380 | 16,096 | 407 | 407 | 230,407 | 238,285 | 239,119 | 235,225 | 283,639 | 273,446 | 245,993 | 224,883 | 229,435 | 200,601 | 187,126 | |
16 |
3,760 | 4,124 | 4,488 | 4,852 | 5,216 | 5,580 | 5,944 | 6,308 | 6,672 | 7,036 | 7,400 | 7,764 | 8,127 | 8,491 | 8,855 | 9,219 | 9,583 | 9,947 | 10,311 | 10,675 | |
168 |
3,760 | 4,124 | 4,488 | 4,852 | 5,216 | 5,580 | 5,944 | 6,308 | 6,672 | 7,036 | 7,400 | 7,764 | 8,127 | 8,491 | 8,855 | 9,219 | 9,583 | 9,947 | 10,311 | 10,675 | |
17/49 |
23,721 | 7,480 | 32,427 | 14,160 | 41,403 | 40,176 | 162,280 | 176,695 | 256,059 | 21,123 | 50,835 | 47,991 | 140,781 | 97,688 | 140,669 | 137,921 | 144,234 | 116,708 | 116,280 | 149,950 | |
17 |
- | - | - | - | - | - | - | 5,171 | 7,447 | 2,753 | 13,422 | 23,561 | 33,196 | 50,464 | 72,510 | 93,444 | 113,323 | 57,556 | 74,155 | 91,253 | |
170/4 |
- | - | - | - | - | - | - | 5,171 | 7,447 | 2,753 | 13,422 | 23,561 | 33,196 | 50,464 | 72,510 | 93,444 | 113,323 | 57,556 | 74,155 | 91,253 | |
42/48 |
23,721 | 7,480 | 32,427 | 14,160 | 41,403 | 40,176 | 162,280 | 171,523 | 248,612 | 18,370 | 37,412 | 24,430 | 107,585 | 47,224 | 68,160 | 44,476 | 30,910 | 59,152 | 42,125 | 58,697 | |
42 |
- | - | - | - | - | - | - | 2,482 | 5,235 | 10,669 | 10,139 | 9,635 | 17,268 | 22,046 | 20,934 | 19,879 | 18,877 | 16,599 | 16,573 | 16,050 | |
44 |
2,367 | 462 | 100 | - | 790 | 1,232 | 1,228 | 3,337 | 3,092 | 3,358 | 3,949 | 34 | 2,269 | 1,667 | 10,824 | 388 | 517 | 6,085 | 4,362 | 5,210 | |
440/4 |
2,367 | 462 | 100 | - | 790 | 1,232 | 1,228 | 3,337 | 3,092 | 3,358 | 3,949 | 34 | 2,269 | 1,667 | 10,824 | 388 | 517 | 6,085 | 4,362 | 5,210 | |
46 |
- | - | - | - | - | - | 37 | 666 | 907 | 1,015 | 1,422 | - | - | - | - | - | - | - | - | - | |
45 |
2,497 | 4,316 | 4,470 | 9,844 | 24,104 | 19,600 | 3,451 | 6,062 | 9,377 | 3,327 | 5,055 | 7,499 | 10,756 | 14,401 | 16,279 | 2,740 | 1,400 | 17,412 | 11,921 | 12,915 | |
450/3 |
2,497 | 4,316 | 4,470 | 9,844 | 24,104 | 19,600 | 3,451 | 6,062 | 9,377 | 3,327 | 5,055 | 7,499 | 10,756 | 14,401 | 16,279 | 2,740 | 1,400 | 17,412 | 11,921 | 12,915 | |
47/48 |
18,857 | 2,702 | 27,857 | 4,316 | 16,509 | 19,344 | 157,564 | 158,976 | 230,000 | - | 16,847 | 7,262 | 77,292 | 9,110 | 20,122 | 21,469 | 10,116 | 19,055 | 9,268 | 24,522 | |
| Income statement | |||||||||||||||||||||
9900 |
23,756 | 23,542 | 27,757 | 18,526 | 18,839 | 71,699 | 38,780 | 63,886 | 48,988 | 12,544 | 19,895 | 24,909 | 52,051 | 47,118 | 68,139 | 55,572 | 47,963 | 68,391 | 53,408 | 60,790 | |
630 |
8,147 | 8,373 | 7,726 | 3,416 | 3,845 | 4,315 | 10,504 | 21,965 | 21,398 | 15,981 | 17,643 | 17,859 | 22,974 | 27,427 | 27,813 | 25,449 | 44,567 | 26,067 | 29,365 | 28,817 | |
631/4 |
- | - | - | - | - | - | - | - | - | 1,960 | - | - | - | - | - | - | - | - | - | - | |
640/8 |
2,487 | 3,379 | 3,731 | 3,544 | 3,553 | 5,318 | 4,726 | 3,444 | 8,736 | 2,394 | 2,767 | 2,978 | 5,493 | 4,338 | 3,291 | 3,856 | 4,226 | 3,052 | 4,270 | 3,648 | |
9901 |
13,122 | 11,790 | 16,301 | 11,566 | 11,441 | 62,065 | 23,550 | 38,476 | 18,854 | -7,791 | -515 | 4,072 | 23,584 | 15,353 | 37,036 | 26,267 | -829 | 39,272 | 19,773 | 28,325 | |
75/76B |
2 | 15 | 3 | - | - | 1 | 171 | 1 | 793 | 120 | 374 | 785 | 1,000 | 680 | 1,140 | 930 | 2,665 | 2,973 | 1,371 | 819 | |
75 |
2 | 15 | 3 | - | - | 1 | 171 | 1 | 793 | 120 | 374 | 785 | 1,000 | 680 | 1,140 | 930 | 2,665 | 2,973 | 1,371 | 819 | |
65/66B |
140 | 266 | 329 | 278 | 311 | 328 | 698 | 435 | 731 | 1,311 | 1,820 | 2,314 | 3,443 | 6,078 | 5,596 | 6,694 | 7,460 | 5,976 | 5,339 | 5,857 | |
65 |
140 | 266 | 329 | 278 | 311 | 328 | 698 | 435 | 731 | 1,311 | 1,820 | 2,314 | 3,443 | 6,078 | 5,596 | 6,694 | 7,460 | 5,976 | 5,339 | 5,857 | |
9903 |
12,985 | 11,540 | 15,975 | 11,288 | 11,130 | 61,738 | 23,024 | 38,042 | 18,916 | -8,982 | -1,961 | 2,543 | 21,141 | 9,955 | 32,581 | 20,503 | -5,624 | 36,269 | 15,805 | 23,287 | |
780 |
364 | 364 | 364 | 364 | 364 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
67/77 |
5,291 | 5,132 | 6,186 | 4,720 | 4,925 | 19,600 | 8,482 | 13,496 | 6,733 | 43 | 21 | -205 | 4,022 | 908 | 6,274 | 539 | 75 | 8,583 | 3,476 | 5,900 | |
9904 |
8,058 | 6,771 | 10,153 | 6,932 | 6,568 | 42,502 | 14,906 | 24,910 | 12,547 | -8,660 | -1,617 | 3,112 | 17,483 | 9,411 | 26,670 | 20,328 | -5,335 | 28,050 | 12,693 | 17,751 | |
789 |
783 | 783 | 783 | 783 | 783 | 783 | 783 | 783 | 783 | 783 | 783 | 783 | 783 | 783 | 783 | 783 | 783 | 783 | 783 | 783 | |
9905 |
8,841 | 7,554 | 10,936 | 7,714 | 7,351 | 43,285 | 15,688 | 25,693 | 13,330 | -7,877 | -835 | 3,894 | 18,266 | 10,193 | 27,453 | 21,110 | -4,552 | 28,833 | 13,475 | 18,534 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
48,221 | 46,934 | 50,316 | 47,095 | 46,731 | 59,380 | 16,096 | 26,100 | 243,737 | 230,407 | 238,285 | 239,119 | 301,905 | 283,639 | 273,446 | 245,993 | 224,883 | 229,435 | 200,601 | 187,126 | |
14P |
39,380 | 39,380 | 39,380 | 39,380 | 39,380 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
20,000 | - | 25,693 | 13,330 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
8,841 | 7,554 | 10,936 | 7,714 | 7,351 | 20,000 | - | 25,693 | 13,330 | - | - | - | - | - | - | - | - | - | - | - | |
6920 |
- | 7,554 | 10,936 | 7,714 | 7,351 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
6921 |
8,841 | - | - | - | - | 20,000 | - | 25,693 | 13,330 | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
20,000 | - | 25,693 | 13,330 | - | - | - | - | 230,000 | - | - | - | 66,680 | - | - | - | - | - | - | - | |
694 |
20,000 | - | 25,693 | 13,330 | - | - | - | - | 230,000 | - | - | - | 66,680 | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 20 older financial years (1986-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 26-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 26-07-2026 | 2026-00351649 | |
| 31-12-2024 | micro format | 25-06-2025 | 2025-00219445 | |
| 31-12-2023 | micro format | 13-08-2024 | 2024-00344765 | |
| 31-12-2022 | micro format | 21-07-2023 | 2023-00285995 | |
| 31-12-2021 | micro format | 26-08-2022 | 2022-20324082 | |
| 31-12-2020 | full format | 26-07-2021 | 2021-39900322 | |
| 31-12-2019 | full format | 28-07-2020 | 2020-35100313 | |
| 31-12-2018 | full format | 19-07-2019 | 2019-35000344 | |
| 31-12-2017 | full format | 13-07-2018 | 2018-33100132 | |
| 31-12-2016 | full format | 24-04-2017 | 2017-09800024 | |
| 31-12-2015 | full format | 30-08-2016 | 2016-50900471 | |
| 31-12-2014 | full format | 20-08-2015 | 2015-44200098 | |
| 31-12-2013 | full format | 12-08-2014 | 2014-41400259 | |
| 31-12-2012 | full format | 30-08-2013 | 2013-54200367 | |
| 31-12-2011 | full format | 30-07-2012 | 2012-35500310 | |
| 31-12-2010 | full format | 26-08-2011 | 2011-44900463 | |
| 31-12-2009 | full format | 30-08-2010 | 2010-48900217 | |
| 31-12-2008 | full format | 18-06-2009 | 2009-25200144 | |
| 31-12-2007 | full format | 04-07-2008 | 2008-36300023 | |
| 31-12-2006 | full format | 26-07-2007 | 2007-48200020 | |
| 31-12-2005 | full format | 07-07-2006 | 2006-43602078 | |
| 31-12-2004 | full format | 28-07-2005 | 2005-57000959 | |
| 31-12-2003 | full format | 07-07-2004 | 2004-42804240 | |
| 31-12-2002 | full format | 10-07-2003 | 2003-43600225 | |
| 31-12-2001 | full format | 10-07-2002 | 2002-37000862 | |
| 31-12-2000 | full format | 01-08-2001 | 2001-46801220 | |
| 31-12-1999 | full format | 12-07-2000 | 2000-40404845 | |
| 31-12-1998 | full format | 01-07-1999 | 1999-28204355 | |
| 31-12-1997 | full format | 02-07-1998 | 1998-28100998 | |
| 31-12-1996 | full format | 02-07-1997 | 1997-25801654 | |
| 31-12-1995 | full format | 02-07-1996 | 1996-29703226 | |
| 31-12-1994 | full format | 13-07-1995 | 1995-39901473 | |
| 31-12-1993 | full format | 07-07-1994 | 1994-27801380 | |
| 31-12-1992 | full format | 15-07-1993 | 1993-26801509 | |
| 31-12-1991 | full format | 13-07-1992 | 1992-21802037 | |
| 31-07-1990 | full format | 27-02-1991 | 1991-02100231 | |
| 31-07-1989 | full format | 03-10-1990 | 1990-25200280 | |
| 31-07-1988 | full format | 03-04-1989 | 1989-02301043 | |
| 31-07-1987 | full format | 03-04-1989 | 1989-02301035 | |
| 31-07-1986 | full format | 03-04-1989 | 1989-02301029 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 21,269 | 20,163 | 24,026 | 14,982 | 15,285 | 66,380 | 34,054 | 60,441 | 40,252 | 8,190 | 17,129 | 21,931 | 46,558 | 42,780 | 64,848 | 51,716 | 43,738 | 65,339 | 49,138 | 57,142 | ||
| 16,204 | 15,144 | 17,879 | 10,347 | 10,413 | 46,817 | 25,410 | 46,876 | 33,945 | 7,320 | 16,026 | 20,971 | 40,457 | 36,837 | 54,483 | 45,777 | 39,232 | 54,118 | 42,058 | 46,568 | ||
| 0 | 0 | 26,722 | 0 | 0 | 399 | -6,810 | 1,701 | 19,726 | 218 | 2,260 | 24,716 | 3,524 | 1,202 | 26,694 | 16,320 | 163,977 | 15,149 | 7,780 | 21,567 | ||
| 14,025 | -13,229 | -16,682 | -30,482 | 15,550 | 39,254 | 51,904 | -30,087 | 24,630 | -27,692 | 14,761 | -89,168 | 13,227 | 36,788 | -1,515 | 27,965 | -97,649 | 34,444 | 15,089 | - | ||
| 46,620 | 50,779 | 35,999 | 70,899 | 74,245 | 64,197 | -85,645 | -112,330 | -154,865 | 56,585 | 60,516 | 57,254 | 63,071 | 110,450 | 97,224 | 90,734 | 81,521 | 157,566 | 135,560 | 117,105 | ||
| 80.1% | 91.4% | 75.8% | 87.4% | 74.7% | 74.2% | 34.5% | 28.8% | 15.7% | 90.4% | 82.5% | 83.2% | 64.8% | 75.2% | 67.7% | 66.1% | 63.4% | 68.2% | 65.8% | 59.0% | ||
| 2.97 | 7.79 | 2.11 | 6.01 | 2.79 | 2.60 | 0.47 | 0.35 | 0.38 | 4.08 | 2.62 | 3.34 | 1.59 | 3.34 | 2.43 | 3.04 | 3.64 | 3.66 | 4.22 | 3.00 | ||
| 0.21 | 0.06 | 0.28 | 0.11 | 0.30 | 0.31 | 1.83 | 2.39 | 5.23 | 0.08 | 0.18 | 0.17 | 0.51 | 0.30 | 0.45 | 0.48 | 0.54 | 0.43 | 0.48 | 0.65 | ||
| 7.3% | 5.5% | 8.8% | 5.3% | 4.8% | 32.4% | 16.8% | 33.7% | 25.6% | -3.3% | -0.6% | 1.1% | 6.4% | 2.9% | 8.5% | 7.1% | -2.0% | 10.3% | 5.2% | 7.7% | ||
| 5.8% | 5.0% | 6.6% | 4.6% | 3.6% | 24.0% | 5.8% | 9.7% | 4.0% | -2.9% | -0.5% | 0.9% | 4.1% | 2.2% | 5.8% | 4.7% | -1.3% | 7.0% | 3.4% | 4.5% | ||
| over 100 | 75.83 | 73.11 | 53.94 | 49.13 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €26,722 | - | - |
| €8,147 | €8,373 | €7,726 | €3,416 | €3,845 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 11% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 5.6% to 17.2%. Equity is lower and debt is higher.
WATCOM has no parent and no holdings in its annual accounts. is the only director. WATCOM shares no director with another company.
| Life and Chemistry Office
registered office since 16-11-2007 · founded in 2007 |
total assets €24,041 (2025) 0893.529.455 |
| Hamilton Jr, David (sole trader)
establishment since 17-04-2023 |
founded in 2023 0800.900.987 |
| VEDIWEX
registered office since 11-05-2000 |
founded in 2000 0472.566.281 |
| ACP Hof ten Berg à proximité du bld de la Woluwe à Woluwé-St-Lambert
registered office since 01-08-1995 |
founded in 1995 0680.755.896 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 15 November 1985, WATCOM was incorporated.1 The registered office moved to Brussels in 2017 and to Woluwe-Saint-Lambert in 2024.23 The name was changed to WATCOM in 2024.3 is director of the company according to the 2025 annual accounts.4 Total assets went from €256,888 in 2018 to €138,234 in 2025.5
“L’acquisition,la gérance,la location,la vente,le courtage,et d’une manière générale toutes les opérations se rapportant au domaine immobilier,pour compte propre ou pour compte de tiers.”
| Establishment | Since | Unit number |
|---|---|---|
| Hof ten Berggaarde 30 registered office 1200 Woluwe-Saint-Lambert | ||
| A.J. Slegerslaan 161 1200 Woluwe-Saint-Lambert 68322 Real estate appraisal on a fee or contract basis | 15-11-1985 | 2.028.354.330 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21018A0025/00A000 | 3,168 m² | 1 · 992 m² | 19.3 m · 5 |
| 21674C0307/00A003 | 109 m² | 1 · 67 m² | 17.9 m · 5 |
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