WATRIN

Active Private limited companyfounded 1993active for 33 yearsMolenstraat 47, 9112 Sint-NiklaasKBO/BCE: BE 0449.077.633

WATRIN

Financial year 2025

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Annual accounts 2025

micro format, filed on 31-08-2026, 31 days late

€268,472

▲ 12.9%

€223,511

▲ 8.1%

€167,613

▲ 8.6%

€380,382

▼ 47.8%

85.3%

▼ 8.5 percentage points

4.60

▼ 14.13

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €1.3m. Estimated: probably between €830,000 and €2.3m.

Balance sheet

balance sheet total €716,742 on 31-12-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

85.3%

Higher than 86% of 13,800 companies in 2025.

4.60

Higher than 81% of 13,181 companies in 2025.

23.4%

Higher than 86% of 13,360 companies in 2025.

WATRIN Middle half of the sector 80% of the sector Micro accounts in wholesale trade (NACE 46)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Staff

Staff costs divided by the average number of full-time equivalents.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	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`	716,742	925,678	777,732	724,668	672,161	770,222	807,257	826,104	820,935	795,201	759,920	663,998	641,554	610,247	599,821	596,383	570,450	571,386	442,917	499,294
`21/28`	230,770	155,250	176,886	209,631	239,725	246,332	280,090	438,832	455,451	466,509	489,521	474,153	451,463	429,740	445,857	453,531	458,124	436,881	362,700	442,291
`21`	-	-	-	-	-	-	-	-	900	1,800	2,700	3,600	4,500	5,400	6,300	7,200	8,100	-	-	-
`22/27`	230,770	155,250	176,886	209,631	239,725	246,332	280,090	438,832	454,551	464,709	486,821	470,553	446,963	424,340	439,557	446,331	450,024	436,881	362,700	442,291
`22`	127,557	144,719	163,613	186,818	211,356	203,931	222,161	433,879	437,563	437,896	451,060	422,829	443,762	413,839	422,531	421,807	416,962	434,425	361,953	435,452
`23`	4,630	5,132	6,824	541	90	135	886	1,738	1,146	717	441	989	1,683	1,992	488	1,156	1,905	2,456	684	199
`24`	98,583	5,400	6,449	22,272	28,279	42,266	57,043	3,215	15,841	26,096	35,319	46,736	1,519	8,509	16,539	23,368	31,157	-	63	6,641
`29/58`	485,972	770,428	600,846	515,038	432,436	523,890	527,167	387,272	365,484	328,692	270,400	189,845	190,091	180,507	153,964	142,852	112,326	134,505	80,217	57,003
`29`	-	25,000	25,000	65,000	135,000	260,000	140,000	-	-	-	-	-	-	-	-	-	-	-	-	-
`291`	-	25,000	25,000	65,000	135,000	260,000	140,000	-	-	-	-	-	-	-	-	-	-	-	-	-
`3`	14,443	19,826	21,672	24,115	43,745	4,328	4,829	7,981	5,344	5,787	6,987	6,157	5,093	4,491	3,994	3,727	3,741	4,606	4,090	739
`30/36`	14,443	19,826	21,672	24,115	43,745	4,328	4,829	7,981	5,344	5,787	6,987	6,157	5,093	4,491	3,994	3,727	3,741	4,606	4,090	739
`40/41`	82,963	199,142	186,586	183,891	120,528	136,625	224,534	179,060	165,583	156,971	94,607	74,011	86,902	73,395	69,002	90,164	52,164	67,767	30,125	31,046
`40`	82,963	27,070	63,639	83,469	23,658	35,268	100,219	20,154	39,868	54,779	25,981	30,486	39,806	34,758	29,315	53,656	30,704	28,509	19,415	12,471
`41`	-	172,072	122,947	100,422	96,870	101,357	124,315	158,906	125,715	102,192	68,626	43,525	47,096	38,637	39,687	36,508	21,461	39,258	10,710	18,576
`50/53`	88,909	368,909	46,183	41,466	50,396	-	-	-	-	-	-	-	-	49,160	48,950	-	-	-	-	-
`54/58`	293,046	151,061	318,836	197,811	78,740	116,963	153,684	194,647	190,780	163,283	168,148	108,867	97,470	52,465	30,814	48,303	54,403	60,339	44,939	23,312
`490/1`	6,612	6,489	2,570	2,755	4,027	5,975	4,121	5,582	3,778	2,650	658	810	626	997	1,204	658	2,018	1,793	1,063	1,905
Balance sheet: equity and liabilities
`10/49`	716,742	925,678	777,732	724,668	672,161	770,222	807,257	826,104	820,935	795,201	759,920	663,998	641,554	610,247	599,821	596,383	570,450	571,386	442,917	499,294
`10/15`	611,152	868,348	714,055	620,909	579,370	647,200	650,700	531,170	636,940	593,896	519,235	422,623	344,463	317,568	304,459	261,978	236,149	222,636	175,957	73,212
`10/11`	21,071	21,071	21,071	21,071	21,071	21,071	21,071	21,071	188,471	188,471	188,471	188,471	188,471	21,071	21,071	21,071	21,071	21,071	21,071	21,071
`100`	-	-	-	-	-	-	21,071	21,071	188,471	188,471	188,471	188,471	188,471	21,071	21,071	21,071	21,071	21,071	21,071	21,071
`13`	589,089	846,285	691,992	598,846	557,307	625,138	628,637	509,107	447,477	404,434	329,772	233,160	155,000	296,000	283,000	240,000	215,000	201,000	154,000	52,141
`130/1`	587,576	842,003	684,941	590,141	545,833	577,854	560,752	423,859	357,630	312,727	237,722	78,462	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	-	18,847	18,847	18,847	18,783	14,835	9,783	5,653	2,107	2,107	2,107	2,107	2,107	2,107	2,107
`1311`	-	-	-	18,847	18,847	18,847	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`1319`	587,576	842,003	684,941	571,294	526,986	559,007	560,752	423,859	357,630	312,727	237,722	78,462	-	-	-	-	-	-	-	-
`132`	397	3,167	5,936	8,705	11,475	47,283	49,038	66,401	71,000	72,923	77,216	81,647	86,079	90,510	94,942	99,373	103,805	108,236	93,918	12,148
`133`	1,115	1,115	1,115	-	-	-	-	-	-	-	-	63,268	63,268	203,383	185,951	138,520	109,088	90,657	57,975	37,885
`14`	992	992	992	992	992	992	992	992	992	992	992	992	992	497	388	907	78	565	886	-
`16`	-	923	1,846	2,769	3,692	4,615	6,553	13,901	15,887	20,537	22,819	25,101	27,383	29,665	31,946	34,228	36,510	38,792	41,074	-
`168`	-	923	1,846	2,769	3,692	4,615	6,553	13,901	15,887	20,537	22,819	25,101	27,383	29,665	31,946	34,228	36,510	38,792	41,074	-
`17/49`	105,590	56,407	61,831	100,991	89,098	118,406	150,004	281,033	168,109	180,768	217,867	216,274	269,709	263,015	263,415	300,176	297,791	309,958	225,885	426,083
`17`	-	15,284	29,841	43,704	56,907	69,482	81,457	92,863	104,619	125,338	144,935	163,474	181,011	197,602	213,299	228,150	242,202	255,498	187,601	193,952
`170/4`	-	15,284	29,841	43,704	56,907	69,482	81,457	92,863	104,619	125,338	144,935	163,474	181,011	197,602	213,299	228,150	242,202	255,498	187,601	193,952
`42/48`	105,590	41,123	31,990	57,286	32,191	48,924	68,547	188,170	63,490	55,430	72,931	52,708	88,623	65,371	50,022	71,928	55,271	54,127	38,012	228,653
`42`	15,284	14,557	13,863	13,203	12,574	11,976	21,441	11,756	20,718	19,598	18,539	17,537	16,591	15,697	14,851	14,052	13,296	12,103	6,351	8,099
`43`	-	-	-	10,702	-	-	-	-	-	19,046	-	-	-	-	-	-	5,988	2,271	2,249	201,507
`430/8`	-	-	-	10,702	-	-	-	-	-	19,046	-	-	-	-	-	-	5,988	2,271	2,249	201,507
`44`	1,132	2,833	1,749	6,442	1,871	6,371	1,824	9,014	27,710	10,539	9,176	6,857	30,339	18,012	11,624	28,205	15,083	19,842	13,156	12,939
`440/4`	1,132	2,833	1,749	6,442	1,871	6,371	1,824	9,014	27,710	10,539	9,176	6,857	30,339	18,012	11,624	28,205	15,083	19,842	13,156	12,939
`45`	31,164	23,733	16,378	26,939	17,746	30,577	45,282	-	15,062	6,247	45,217	27,095	20,693	11,262	20,827	23,951	13,901	14,692	11,036	3,388
`450/3`	31,164	23,733	16,378	26,939	17,746	30,577	45,282	-	15,062	6,247	45,217	27,095	20,693	11,262	20,827	23,951	13,901	13,747	10,091	2,443
`454/9`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	945	945	945
`47/48`	58,010	-	-	-	-	-	-	167,400	-	-	-	1,218	21,000	20,400	2,720	5,720	7,004	5,220	5,220	2,720
`492/3`	-	-	-	-	-	-	-	-	-	-	-	93	75	42	93	99	318	332	273	3,478
Income statement
`76A`	34,000	-	-	-	-	-	60,562	-	-	-	-	14,050	-	-	-	-	6,612	-	135,355	-
`9900`	268,472	237,807	235,908	220,788	188,364	142,685	219,966	146,140	122,020	177,332	229,912	165,524	146,131	111,581	109,900	91,485	100,290	96,146	57,382	80,179
`62`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,948
`630`	42,357	28,450	40,778	39,493	41,767	33,758	35,102	52,949	49,289	45,406	47,494	40,198	39,784	32,632	32,013	29,917	28,251	21,030	20,290	67,295
`631/4`	-	-	-	-	-437	-	-	-	-	2,724	437	-	-	-	-1,474	1,474	-	-33	-	-
`640/8`	2,430	2,343	2,587	2,552	2,623	2,534	4,831	3,742	2,858	-	2,191	2,575	1,828	1,880	3,557	1,207	3,529	1,334	1,592	1,821
`66A`	174	191	238	388	2,233	-	184	334	256	-	1,739	1,365	130	-	25	195	195	120	300	-
`9901`	223,511	206,823	192,305	178,355	142,179	106,392	179,849	89,114	69,617	129,203	179,789	122,751	104,519	77,069	75,804	58,887	68,511	73,815	35,500	5,115
`75/76B`	19,583	18,956	9,037	11,875	7,768	8,476	7,867	8,012	7,611	5,529	4,872	3,734	11,829	6,380	5,934	3,659	5,727	3,905	3,936	2,767
`75`	19,583	18,956	9,037	11,875	7,768	8,476	7,867	8,012	7,611	5,529	4,872	3,734	11,829	6,380	5,934	3,659	5,727	3,905	3,936	2,767
`65/66B`	3,869	3,109	642	17,407	7,800	8,335	7,867	8,824	9,880	11,065	11,467	11,966	12,943	14,696	15,277	14,840	15,856	12,566	15,150	9,820
`65`	3,869	3,109	642	17,407	7,800	8,335	7,867	8,739	9,880	11,065	11,467	11,966	12,943	14,696	15,277	14,840	15,856	12,566	15,150	9,820
`66B`	-	-	-	-	-	-	-	85	-	-	-	-	-	-	-	-	-	-	-	-
`9903`	239,226	222,670	200,699	172,823	142,147	106,533	179,848	88,302	67,348	123,667	171,455	127,204	103,275	68,753	66,436	47,511	64,797	65,034	159,340	-1,938
`780`	923	923	923	923	923	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`67/77`	72,535	69,300	63,574	57,202	51,641	33,508	67,666	28,658	28,955	51,287	77,125	51,326	39,063	27,327	23,517	18,244	25,966	15,417	10,300	670
`9904`	167,613	154,293	138,048	116,544	91,429	74,963	119,530	61,630	40,379	74,661	96,612	78,160	66,494	43,709	45,202	31,549	41,113	51,898	107,966	-2,608
`789`	2,769	2,769	2,769	2,769	35,809	2,769	17,492	4,728	4,728	4,432	4,432	4,432	4,432	4,432	4,432	4,432	4,432	4,432	19,396	-
`689`	-	-	-	-	-	1,015	129	129	140	139	-	-	-	-	-	-	-	18,750	101,166	-
`9905`	170,383	157,062	140,818	119,314	127,238	76,718	136,893	66,229	44,967	78,953	101,044	82,592	70,926	48,140	49,633	35,980	45,545	37,580	26,196	-2,608
Appropriation of the result
`9906`	171,374	158,054	141,809	120,305	128,230	77,709	137,885	67,221	45,958	79,945	102,035	83,583	71,423	48,529	50,540	36,058	46,110	38,466	26,196	-2,139
`14P`	992	992	992	992	992	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`791/2`	424,809	-	44,902	75,006	159,259	78,462	-	-	-	-	-	-	186,000	10,200	-	-	-	-	-	4,859
`691/2`	170,383	157,062	140,818	119,314	127,238	76,718	136,893	66,229	44,967	78,953	101,044	82,592	49,432	27,632	47,432	29,432	18,432	32,682	20,090	-
`6920`	-	-	-	-	-	-	-	-	64	3,948	5,052	4,130	3,546	-	-	-	-	-	-	-
`6921`	170,383	157,062	140,818	119,314	127,238	76,718	136,893	66,229	44,902	75,006	95,992	78,462	45,885	27,632	47,432	29,432	18,432	32,682	20,090	-
`694/7`	424,809	-	44,902	75,006	159,259	78,462	-	-	-	-	-	-	207,000	30,600	2,720	5,720	27,600	5,220	5,220	2,720
`694`	424,809	-	44,902	75,006	159,259	78,462	-	-	-	-	-	-	207,000	30,600	2,720	2,720	27,600	2,720	2,720	2,720
`695`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000	-	2,500	2,500	-
Social balance sheet
`9087`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.4
Hours worked`1013`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	312
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 13 older financial years (1993-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 12 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 31-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00500141.

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	31-08-2026	2026-00500141	PDF
31-12-2024	micro format	31-08-2025	2025-00465396	PDF
31-12-2023	micro format	30-09-2024	2024-00485460	PDF
31-12-2022	micro format	12-10-2023	2023-00485075	PDF
31-12-2021	micro format	17-10-2022	2022-20463782	PDF
31-12-2020	micro format	30-09-2021	2021-70000434	PDF
31-12-2019	micro format	30-10-2020	2020-65800021	PDF
31-12-2018	micro format	20-08-2019	2019-48100442	PDF
31-12-2017	micro format	07-06-2018	2018-16700367	PDF
31-12-2016	micro format	22-08-2017	2017-46600079	PDF
31-12-2015	abbreviated format	16-08-2016	2016-43000569	PDF
31-12-2014	abbreviated format	24-07-2015	2015-34400152	PDF
31-12-2013	abbreviated format	01-08-2014	2014-38900298	PDF
31-12-2012	abbreviated format	07-06-2013	2013-17000315	PDF
31-12-2011	abbreviated format	28-09-2012	2012-60100043	PDF
31-12-2010	abbreviated format	30-09-2011	2011-56500372	PDF
31-12-2009	abbreviated format	20-10-2010	2010-58700323	PDF
31-12-2008	abbreviated format	29-09-2009	2009-78700098	PDF
31-12-2007	abbreviated format	24-10-2008	2008-79300254	PDF
31-12-2006	abbreviated format	21-08-2007	2007-58400301	PDF
31-12-2005	abbreviated format	19-07-2006	2006-49803091	PDF
31-12-2004	abbreviated format	10-06-2005	2005-24104062	PDF
31-12-2003	abbreviated format	25-06-2004	2004-32504465	PDF
31-12-2002	abbreviated format	24-07-2003	2003-49803878	PDF
31-12-2001	abbreviated format	19-09-2002	2002-57202971	PDF
31-12-2000	abbreviated format	04-10-2001	2001-62404395	PDF
31-12-1999	abbreviated format	18-09-2000	2000-57403137	PDF
31-12-1998	abbreviated format	30-07-1999	1999-39203377	PDF
31-12-1997	abbreviated format	04-08-1998	1998-39102702	PDF
31-12-1996	abbreviated format	17-09-1997	1997-44302063	PDF
31-12-1995	abbreviated format	01-08-1996	1996-39004345	PDF
31-12-1994	abbreviated format	30-06-1995	1995-33302287	PDF
31-12-1993	abbreviated format	28-06-1994	1994-21501186	PDF

Subsidies and aid

Flemish government 2025, 1 entry, €2,657 awarded, €2,657 paid

Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller

€2,657

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
265,868	235,273	233,082	217,848	183,946	140,151	214,951	142,063	118,906	174,609	227,283	162,949	144,303	109,701	107,817	88,804	96,762	94,845	55,790	72,411
209,970	182,743	178,826	156,037	133,196	108,722	154,632	114,580	89,667	120,067	144,106	118,358	106,278	76,341	77,214	61,466	69,365	72,928	128,256	64,688
117,876	6,814	8,032	9,399	35,160	0	73,393	36,416	40,811	22,395	64,600	64,158	61,507	16,515	24,339	25,324	49,495	95,210	15,344	414,035
141,984	-167,775	121,025	119,071	-38,223	-36,721	-40,964	3,867	27,497	-4,865	59,281	11,397	45,005	21,651	-17,490	-6,100	-5,936	15,400	21,627	-
380,382	729,305	568,856	457,751	400,245	474,966	458,620	199,101	301,995	273,262	197,469	137,137	101,468	115,137	103,941	70,924	57,055	80,378	42,205	-171,650
85.3%	93.8%	91.8%	85.7%	86.2%	84.0%	80.6%	64.3%	77.6%	74.7%	68.3%	63.6%	53.7%	52.0%	50.8%	43.9%	41.4%	39.0%	39.7%	14.7%
4.60	18.73	18.78	8.99	13.43	10.71	7.69	2.06	5.76	5.93	3.71	3.60	2.14	2.76	3.08	1.99	2.03	2.48	2.11	0.25
4.47	18.25	18.10	8.57	12.07	10.62	7.62	2.02	5.67	5.83	3.61	3.49	2.09	2.69	3.00	1.93	1.96	2.40	2.00	0.25
0.17	0.06	0.09	0.16	0.15	0.18	0.23	0.53	0.26	0.30	0.42	0.51	0.78	0.83	0.87	1.15	1.26	1.39	1.28	5.82
27.4%	17.8%	19.3%	18.8%	15.8%	11.6%	18.4%	11.6%	6.3%	12.6%	18.6%	18.5%	19.3%	13.8%	14.8%	12.0%	17.4%	23.3%	61.4%	-3.6%
23.4%	16.7%	17.8%	16.1%	13.6%	9.7%	14.8%	7.5%	4.9%	9.4%	12.7%	11.8%	10.4%	7.2%	7.5%	5.3%	7.2%	9.1%	24.4%	-0.5%
68.72	75.67	over 100	12.51	23.58	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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.

Securities and guarantees

on own assets and for others

Item	2025	2024	2023	2022	2021
Mortgages, amount registered	€85,000	€85,000	€85,000	€85,000	€85,000
	€220,000	€220,000	€220,000	€220,000	€220,000
Carrying value of the mortgaged assets	€127,557	€144,719	€163,613	€186,818	€211,356

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€117,876	€6,814	€8,032	€9,399	€35,160
	€42,357	€28,450	€40,778	€39,493	€41,767

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on WATRIN

The operating result for 2025 is 8% higher than in 2024 and the highest since 2006. It is the fifth rise in a row, after the fall in 2020.

Debt's share of the balance-sheet total rises from 6.1% to 14.7%. Equity is lower and debt is higher.

Next steps

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Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency85.3%

Current ratio4.60

Return on assets23.4%

Staff

Staff cost per FTE

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2025, 1 entry, €2,657 awarded, €2,657 paid

Key figures and ratios

Securities and guarantees

Investments

Insights on WATRIN

Next steps

in euro

in euro

85.3%

4.60

23.4%