WATKINS
ActiveSummary
WATKINS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €18,600 and a net result of €19,734. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability99▲+94
Solvency48▲+5
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.06 against 2.16 in 2023; short-term debt: 76.9% and cash: 65.9% of total assets), and 76.9% of the assets are financed with debt.
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Signals
Five 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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
23.1%
Return on assets
24.5%
Age of the figures
21 mo
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 26-06-2026, 35 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
35 d early
2024
22 d early
2023
on the day
2022
32 d early
2021
2 d early
2020
on the day
2019
on the day
← 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 13 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 9 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€19,734
2023 · -€7,823
Working capital
€3,441▼ 84.3%
2023 · €21,890
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€28,219▲ 41.5%€7,324▼ 74.0%€19,562▲ 167%-€4,316€26,306
Net result€20,337within the sector's middle half▲ 31.1%€5,198within the sector's middle half▼ 74.4%€14,438within the sector's middle half▲ 178%-€7,823below the sector's middle half€19,734within the sector's middle half
Equity€42,044below the sector's middle half▲ 93.7%€47,242below the sector's middle half▲ 12.4%€18,600below the sector's middle half▼ 60.6%€10,777below the sector's middle half▼ 42.1%€18,600below the sector's middle half▲ 72.6%
Total assets€57,007below the sector's middle half▲ 85.6%€73,120below the sector's middle half▲ 28.3%€83,528below the sector's middle half▲ 14.2%€60,863below the sector's middle half▼ 27.1%€80,397within the sector's middle half▲ 32.1%
Debt€14,963▲ 66.2%€25,878▲ 72.9%€64,928▲ 151%€50,086▼ 22.9%€61,797▲ 23.4%
Working capital€35,783within the sector's middle half▲ 72.8%€22,235within the sector's middle half▼ 37.9%€2,355within the sector's middle half▼ 89.4%€21,890within the sector's middle half▲ 830%€3,441within the sector's middle half▼ 84.3%
Solvency73.8%within the sector's middle half▲ 3.1pp64.6%within the sector's middle half▼ 9.1pp22.3%within the sector's middle half▼ 42.3pp17.7%below the sector's middle half▼ 4.6pp23.1%below the sector's middle half▲ 5.4pp
Current ratio3.39above the sector's middle half▲ 0.091.86within the sector's middle half▼ 1.531.04within the sector's middle half▼ 0.822.16within the sector's middle half▲ 1.121.06within the sector's middle half▼ 1.10
Return on assets (ROA)35.7%above the sector's middle half▼ 14.8pp7.1%within the sector's middle half▼ 28.6pp17.3%above the sector's middle half▲ 10.2pp-12.9%below the sector's middle half▼ 30.1pp24.5%within the sector's middle half▲ 37.4pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €26,306 after a loss of €4,316 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €80,397
Fixed assets
€15,159 ▼ 24.6%
Current assets
€65,238 ▲ 60.0%
Equity and liabilities €80,397
Equity
€18,600 ▲ 72.6%
Debt
€61,797 ▲ 23.4%
Debt's share of the balance-sheet total falls from 82.3% to 76.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€32,491▲
2023 · €1,007
Cash flow
€25,919▲
2023 · -€2,500
Debt to equity
3.32▼
2023 · 4.65
ROE
106.1%▲
2023 · -72.6%
Interest coverage
16.65▲
2023 · 0.30
Debt ≤ 1 year
€61,797▲
2023 · €18,877
Income taxes
€4,695▲
2023 · €132
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.8%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,713 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €924 | €3,355 | €4,050 | €5,323 | €6,185 | ▲ 16.2% |
| Other operating charges640/8 | - | €1,526 | €2,852 | €702 | €560 | ▼ 20.2% |
| Non-recurring operating charges66A | - | - | - | - | €1,710 | - |
| Gross operating margin9900 | €29,143 | €12,205 | €26,464 | €1,709 | €34,761 | ▲ 1,934% |
| Operating profit (loss)9901 | €28,219 | €7,324 | €19,562 | -€4,316 | €26,306 | ▲ 709% |
| Financial income75/76B | - | - | - | - | €74 | - |
| Recurring financial income75 | - | - | - | - | €74 | - |
| Financial charges65/66B | - | €165 | €554 | €3,375 | €1,951 | ▼ 42.2% |
| Recurring financial charges65 | €208 | €165 | €554 | €3,375 | €1,951 | ▼ 42.2% |
| Profit (loss) for the period before taxes9903 | €28,011 | €7,159 | €19,008 | -€7,691 | €24,429 | ▲ 418% |
| Income taxes67/77 | €7,674 | €1,961 | €4,570 | €132 | €4,695 | ▲ 3,457% |
| Profit (loss) for the period9904 | €20,337 | €5,198 | €14,438 | -€7,823 | €19,734 | ▲ 352% |
| Profit (loss) for the period to be appropriated9905 | €20,337 | €5,198 | €14,438 | -€7,823 | €19,734 | ▲ 352% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €57,007 | €73,120 | €83,528 | €60,863 | €80,397 | ▲ 32.1% |
| Fixed assets21/28 | €6,261 | €25,007 | €16,245 | €20,096 | €15,159 | ▼ 24.6% |
| Tangible fixed assets22/27 | €6,061 | €24,807 | €16,045 | €19,896 | €14,959 | ▼ 24.8% |
| Plant, machinery and equipment23 | - | €24,807 | €16,045 | €19,896 | €14,959 | ▼ 24.8% |
| Financial fixed assets28 | €200 | €200 | €200 | €200 | €200 | = |
| Current assets29/58 | €50,746 | €48,113 | €67,283 | €40,767 | €65,238 | ▲ 60.0% |
| Amounts receivable within one year40/41 | €10,836 | €20,478 | - | €6,169 | €11,330 | ▲ 83.7% |
| Trade receivables40 | - | €20,357 | - | €3,247 | €11,325 | ▲ 249% |
| Other amounts receivable41 | - | €121 | - | €2,922 | €5 | ▼ 99.8% |
| Cash at bank and in hand54/58 | €39,910 | €27,635 | €66,815 | €34,078 | €53,002 | ▲ 55.5% |
| Deferred charges and accrued income490/1 | - | - | €468 | €520 | €906 | ▲ 74.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €57,007 | €73,120 | €83,528 | €60,863 | €80,397 | ▲ 32.1% |
| Equity10/15 | €42,044 | €47,242 | €18,600 | €10,777 | €18,600 | ▲ 72.6% |
| Contributions10/11 | - | €6,200 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | €35,844 | €41,042 | - | -€7,823 | - | - |
| Amounts payable17/49 | €14,963 | €25,878 | €64,928 | €50,086 | €61,797 | ▲ 23.4% |
| Amounts payable after more than one year17 | - | - | - | €30,000 | - | - |
| Other amounts payable178/9 | - | - | - | €30,000 | - | - |
| Amounts payable within one year42/48 | €14,963 | €25,878 | €64,928 | €18,877 | €61,797 | ▲ 227% |
| Trade debts44 | €1,515 | €531 | €43 | €3,388 | €1,264 | ▼ 62.7% |
| Suppliers440/4 | - | €531 | €43 | €3,388 | €1,264 | ▼ 62.7% |
| Taxes, remuneration and social security45 | - | €16,635 | €9,366 | €1,503 | €6,229 | ▲ 314% |
| Taxes450/3 | - | €16,635 | €9,366 | €1,503 | €6,229 | ▲ 314% |
| Other amounts payable47/48 | - | €8,712 | €55,519 | €13,986 | €54,304 | ▲ 288% |
| Accrued charges and deferred income492/3 | - | - | - | €1,209 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,337 | €5,198 | €14,438 | -€7,823 | €19,734 | ▲ 352% |
| + Depreciation and write-downs630 | €924 | €3,355 | €4,050 | €5,323 | €6,185 | ▲ 16.2% |
| Operating cash flow (approximation) | €21,261 | €8,553 | €18,488 | -€2,500 | €25,919 | ▲ 1,137% |
| Investment in fixed assets (approximation) | - | -€22,101 | €4,712 | -€9,174 | -€1,248 | ▲ 86.4% |
| Change in cash | - | -€12,275 | €39,180 | -€32,737 | €18,924 | ▲ 158% |
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
2026
26-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €19,734
Net result €19,734 after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€7,823
Net result drops to -€7,823, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 2.16
Current ratio from 1.04 to 2.16; short-term debt falls from €64,928 to €18,877.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2019net €20,337 ▲31.1%
Operating result €28,219, net result €20,337, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · 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
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Chastre · 1 establishment unit since 2019
Ground area
2,388 m²
Building footprint
303 m²
Volume, LiDAR
1,872 m³
2 parcels, Flanders, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Weidelaan 2, 3080 Tervuren
since 20192.285.428.381
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25032C0246/00N000 | Wallonia | 1,663 m² | 1 · 125 m² | 6.9 m · 2 fl. |
| 24104B0016/00H002 | Flanders | 725 m² | 1 · 177 m² | 10.9 m · 3 fl. |
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 82,601 companies in this sector we hold annual accounts for 52,629. 29,821 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded24-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0719378625
Registered
04-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.