WATIMO
ActiveSummary
WATIMO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.0m and a net result of €151,702. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 92% of 8711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €250,000 at 30 days acceptable
Liquidity ample (current ratio 8.69 against 6.59 in 2024; short-term debt: 5.1% and cash: 5.4% of total assets), and 5.1% of the assets are financed with debt.
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Signals
Six 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
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
94.9%
Return on assets
4.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 01-12-2025, 61 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
61 d early
2024
3 d early
2022
11 d early
2021
35 d early
2020
2 d early
2019
16 d early
2018
36 d 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 23 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close26-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#1 company by equity in Gouvy, Professional and technical services sector#3 company by total assets in Gouvy, Professional and technical services sector#4 oldest company in Gouvy, Professional and technical services sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€151,702▼ 4.6%
2024 · €159,020
Working capital
€1.3m▲ 6.0%
2024 · €1.2m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220242025
Operating result€128,940▲ 379%€124,493▼ 3.4%€193,939▲ 55.8%€229,502-€220,231▼ 4.0%
Net result€79,360▲ 315%€967,454▲ 1,119%€129,692▼ 86.6%€159,020-€151,702▼ 4.6%
Equity€2.0m▲ 4.2%€2.9m▲ 43.7%€2.9m▲ 1.0%€3.0m-€3.0m▲ 1.7%
Total assets€2.1m▲ 6.6%€3.1m▲ 46.0%€3.1m▼ 1.4%€3.2m-€3.2m▲ 0.1%
Debt€149,627▲ 54.8%€262,653▲ 75.5%€187,864▼ 28.5%€213,659-€164,754▼ 22.9%
Working capital€271,687▲ 37.0%€1.1m▲ 319%€1.1m=€1.2m-€1.3m▲ 6.0%
Staff (FTE)0-0
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.2m
Fixed assets
€1.8m ▼ 1.1%
Current assets
€1.4m ▲ 1.7%
Equity and liabilities €3.2m
Equity
€3.0m ▲ 1.7%
Debt
€164,754 ▼ 22.9%
Debt's share of the balance-sheet total falls from 6.7% to 5.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€240,691▲
2024 · €237,139
Cash flow
€172,163▲
2024 · €166,658
Current ratio
8.69▲
2024 · 6.59
Debt to equity
0.05▼
2024 · 0.07
ROE
5.0%▼
2024 · 5.3%
ROA
4.7%▼
2024 · 5.0%
Interest coverage
1405.50▲
2024 · 1366.25
Debt ≤ 1 year
€164,754▼
2024 · €213,659
Income taxes
€72,002▼
2024 · €74,992
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €100 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €7,637 | €20,461 | ▲ 168% |
| Other operating charges640/8 | - | - | €1,314 | €1,738 | €1,597 | ▼ 8.1% |
| Gross operating margin9900 | €130,246 | €124,933 | €195,253 | €238,878 | €242,288 | ▲ 1.4% |
| Operating profit (loss)9901 | €128,940 | €124,493 | €193,939 | €229,502 | €220,231 | ▼ 4.0% |
| Financial income75/76B | - | - | €0 | €4,683 | €3,645 | ▼ 22.2% |
| Recurring financial income75 | - | €971,910 | €0 | €4,683 | €3,645 | ▼ 22.2% |
| Financial charges65/66B | - | - | €134 | €174 | €171 | ▼ 1.3% |
| Recurring financial charges65 | €5 | €17 | €134 | €174 | €171 | ▼ 1.3% |
| Profit (loss) for the period before taxes9903 | €128,935 | €1.1m | €193,805 | €234,012 | €223,704 | ▼ 4.4% |
| Income taxes67/77 | €49,576 | €128,932 | €64,113 | €74,992 | €72,002 | ▼ 4.0% |
| Profit (loss) for the period9904 | €79,360 | €967,454 | €129,692 | €159,020 | €151,702 | ▼ 4.6% |
| Profit (loss) for the period to be appropriated9905 | €79,360 | €967,454 | €129,692 | €159,020 | €151,702 | ▼ 4.6% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.1m | €3.1m | €3.1m | €3.2m | €3.2m | ▲ 0.1% |
| Fixed assets21/28 | €1.7m | €1.7m | €1.7m | €1.8m | €1.8m | ▼ 1.1% |
| Tangible fixed assets22/27 | - | - | - | €51,711 | €31,251 | ▼ 39.6% |
| Furniture and vehicles24 | - | - | - | €51,711 | €31,251 | ▼ 39.6% |
| Financial fixed assets28 | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | = |
| Current assets29/58 | €421,313 | €1.4m | €1.3m | €1.4m | €1.4m | ▲ 1.7% |
| Amounts receivable within one year40/41 | €360,669 | €1.3m | €845,398 | €1.1m | €966,320 | ▼ 9.3% |
| Trade receivables40 | - | - | €54,450 | €165,751 | €54,450 | ▼ 67.1% |
| Other amounts receivable41 | - | - | €790,948 | €899,639 | €911,870 | ▲ 1.4% |
| Current investments50/53 | €8,301 | €8,301 | €283,301 | €36,580 | €290,044 | ▲ 693% |
| Cash at bank and in hand54/58 | €52,344 | €97,719 | €197,997 | €305,792 | €173,332 | ▼ 43.3% |
| Deferred charges and accrued income490/1 | - | - | - | €1,278 | €2,601 | ▲ 103% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.1m | €3.1m | €3.1m | €3.2m | €3.2m | ▲ 0.1% |
| Equity10/15 | €2.0m | €2.9m | €2.9m | €3.0m | €3.0m | ▲ 1.7% |
| Contributions10/11 | - | €694,975 | €694,975 | €694,975 | €694,975 | = |
| Capital10 | - | - | €694,975 | €694,975 | €694,975 | = |
| Issued capital100 | - | - | €707,375 | €707,375 | €707,375 | = |
| Uncalled capital101 | - | - | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €783,035 | €1.7m | €1.7m | €1.8m | €1.8m | ▲ 2.9% |
| Non-distributable reserves130/1 | - | - | €70,738 | €70,738 | €70,738 | = |
| Legal reserve130 | - | - | €70,738 | €70,738 | €70,738 | = |
| Distributable reserves133 | - | - | €1.6m | €1.7m | €1.8m | ▲ 3.0% |
| Profit (loss) carried forward14 | €505,111 | €505,111 | €505,111 | €505,111 | €505,111 | = |
| Amounts payable17/49 | €149,627 | €262,653 | €187,864 | €213,659 | €164,754 | ▼ 22.9% |
| Amounts payable within one year42/48 | €149,627 | €262,653 | €187,864 | €213,659 | €164,754 | ▼ 22.9% |
| Trade debts44 | €3,698 | €0 | €2,249 | €2,501 | €2,706 | ▲ 8.2% |
| Suppliers440/4 | - | - | €2,249 | €2,501 | €2,706 | ▲ 8.2% |
| Taxes, remuneration and social security45 | - | - | €22,926 | €62,870 | €20,808 | ▼ 66.9% |
| Taxes450/3 | - | - | €22,926 | €62,870 | €20,808 | ▼ 66.9% |
| Other amounts payable47/48 | - | - | €162,689 | €148,287 | €141,240 | ▼ 4.8% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €79,360 | €967,454 | €129,692 | €159,020 | €151,702 | ▼ 4.6% |
| + Depreciation and write-downs630 | - | - | - | €7,637 | €20,461 | ▲ 168% |
| Operating cash flow (approximation) | €79,360 | €967,454 | €129,692 | €166,658 | €172,163 | ▲ 3.3% |
| Investment in fixed assets (approximation) | - | €0 | -€30,000 | - | €0 | - |
| Change in cash | - | €45,375 | €100,278 | - | -€132,461 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
01-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
20-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
27-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Highest result since 2019net €967,454 ▲1,119%
Net result €967,454, the highest in the series.
30-06
Financial
Equity above €2mEq €2.9m ▲43.7%
3 profitable years in a row build equity to €2.9m.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
26-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
08-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
16-12
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.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Gouvy · 1 establishment unit since 2005
Ground area
1.9 ha
Building footprint
1,245 m²
2 parcels, Wallonia. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
WATIMO
since 20052.150.691.621
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82007E0710/00V000 | Wallonia | 1.6 ha | 1 · 1,042 m² | - |
| 82020D0035/00A000 | Wallonia | 3,873 m² | 1 · 203 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,587. 15,718 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded01-07-2002
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.