WATSON CREATIVE
ActiveSummary
WATSON CREATIVE has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €655,994 and a net result of €174,487. Equity is growing by ~31.7% per year across the filed fiscal years. Its solvency ranks better than 75% of 639 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability92▲+6
Solvency95▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50,000 at 30 days acceptable
Liquidity ample (current ratio 3.38 against 2.59 in 2024; short-term debt: 26.7% and cash: 6.3% of total assets), and 30.1% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
69.9%
Return on assets
18.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
30 d late
2022
30 d late
2021
31 d late
2020
30 d late
2019
47 d late
← 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 after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€655,994▲ 11.3%
2024 · €589,190
Total assets
€938,960▼ 1.9%
2024 · €957,562
Net result
€174,487▲ 29.5%
2024 · €134,783
Working capital
€597,194▲ 16.8%
2024 · €511,448
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
Line20212022202320242025
Operating result€169,845▲ 67.9%€94,179▼ 44.6%€194,445▲ 106%€210,269▲ 8.1%€247,719▲ 17.8%
Net result€107,683▲ 39.4%€63,069▼ 41.4%€127,389▲ 102%€134,783▲ 5.8%€174,487▲ 29.5%
Equity€263,949▲ 68.9%€327,018▲ 23.9%€454,407▲ 39.0%€589,190▲ 29.7%€655,994▲ 11.3%
Total assets€520,768▲ 40.3%€579,651▲ 11.3%€756,938▲ 30.6%€957,562▲ 26.5%€938,960▼ 1.9%
Debt€256,820▲ 19.5%€252,633▼ 1.6%€302,531▲ 19.8%€368,371▲ 21.8%€282,966▼ 23.2%
Working capital€260,197▲ 75.6%€313,631▲ 20.5%€432,034▲ 37.8%€511,448▲ 18.4%€597,194▲ 16.8%
Staff (FTE)9▲ 28.6%8.2▼ 8.9%11.2▲ 36.6%11.6▲ 3.6%11.3▼ 2.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2021 Equity +69% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 18% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €938,960
Fixed assets
€90,991 ▼ 26.9%
Current assets
€847,969 ▲ 1.8%
Equity and liabilities €938,960
Equity
€655,994 ▲ 11.3%
Debt
€282,966 ▼ 23.2%
Debt's share of the balance-sheet total falls from 38.5% to 30.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€286,597▲
2024 · €243,345
Cash flow
€213,365▲
2024 · €167,859
Current ratio
3.38▲
2024 · 2.59
Debt to equity
0.43▼
2024 · 0.63
ROE
26.6%▲
2024 · 22.9%
ROA
18.6%▲
2024 · 14.1%
Interest coverage
32.73▲
2024 · 16.42
Debt ≤ 1 year
€250,775▼
2024 · €321,653
Debt > 1 year
€32,101▼
2024 · €46,631
Income taxes
€77,259▲
2024 · €64,812
Staff costs
€655,704▲
2024 · €652,121
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,776 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
2.6%
stopped otherwise
97%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 6,776 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €11,823 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €344,026 | €408,716 | €571,841 | €652,121 | €655,704 | ▲ 0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,563 | €4,456 | €9,885 | €33,076 | €38,878 | ▲ 17.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €3,394 | - |
| Other operating charges640/8 | €1,002 | €923 | €1,829 | €2,910 | €3,069 | ▲ 5.5% |
| Gross operating margin9900 | €519,436 | €508,272 | €777,999 | €898,375 | €948,764 | ▲ 5.6% |
| Operating profit (loss)9901 | €169,845 | €94,179 | €194,445 | €210,269 | €247,719 | ▲ 17.8% |
| Financial income75/76B | €176 | €266 | €464 | €4,145 | €12,783 | ▲ 208% |
| Recurring financial income75 | €176 | €266 | €464 | €4,145 | €12,783 | ▲ 208% |
| Financial charges65/66B | €3,100 | €5,148 | €8,471 | €14,818 | €8,756 | ▼ 40.9% |
| Recurring financial charges65 | €3,100 | €5,148 | €8,471 | €14,818 | €8,756 | ▼ 40.9% |
| Profit (loss) for the period before taxes9903 | €166,921 | €89,297 | €186,437 | €199,595 | €251,746 | ▲ 26.1% |
| Income taxes67/77 | €59,237 | €26,228 | €59,049 | €64,812 | €77,259 | ▲ 19.2% |
| Profit (loss) for the period9904 | €107,683 | €63,069 | €127,389 | €134,783 | €174,487 | ▲ 29.5% |
| Transfer to tax-exempt reserves689 | - | - | - | €42,100 | €42,100 | = |
| Profit (loss) for the period to be appropriated9905 | €107,683 | €63,069 | €127,389 | €92,683 | €132,387 | ▲ 42.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €520,768 | €579,651 | €756,938 | €957,562 | €938,960 | ▼ 1.9% |
| Fixed assets21/28 | €7,761 | €13,472 | €23,558 | €124,461 | €90,991 | ▼ 26.9% |
| Tangible fixed assets22/27 | €7,761 | €13,472 | €23,558 | €124,211 | €90,241 | ▼ 27.3% |
| Plant, machinery and equipment23 | €6,287 | €12,949 | €17,257 | €27,865 | €18,200 | ▼ 34.7% |
| Furniture and vehicles24 | €1,474 | €522 | €6,300 | €96,346 | €72,041 | ▼ 25.2% |
| Financial fixed assets28 | - | - | - | €250 | €750 | ▲ 200% |
| Current assets29/58 | €513,007 | €566,179 | €733,381 | €833,101 | €847,969 | ▲ 1.8% |
| Amounts receivable within one year40/41 | €132,385 | €242,458 | €249,756 | €241,432 | €240,801 | ▼ 0.3% |
| Trade receivables40 | €131,963 | €213,823 | €248,869 | €235,221 | €233,952 | ▼ 0.5% |
| Other amounts receivable41 | €422 | €28,636 | €887 | €6,211 | €6,849 | ▲ 10.3% |
| Current investments50/53 | - | - | €200,297 | €425,297 | €545,531 | ▲ 28.3% |
| Cash at bank and in hand54/58 | €375,739 | €320,592 | €282,892 | €153,632 | €59,040 | ▼ 61.6% |
| Deferred charges and accrued income490/1 | €4,883 | €3,129 | €435 | €12,739 | €2,597 | ▼ 79.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €520,768 | €579,651 | €756,938 | €957,562 | €938,960 | ▼ 1.9% |
| Equity10/15 | €263,949 | €327,018 | €454,407 | €589,190 | €655,994 | ▲ 11.3% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €108,432 | €171,501 | €298,890 | €475,773 | €542,577 | ▲ 14.0% |
| Tax-exempt reserves132 | - | - | - | €42,100 | €84,200 | ▲ 100% |
| Distributable reserves133 | €108,432 | €171,501 | €298,890 | €433,673 | €458,377 | ▲ 5.7% |
| Profit (loss) carried forward14 | €136,917 | €136,917 | €136,917 | €94,817 | €94,817 | = |
| Amounts payable17/49 | €256,820 | €252,633 | €302,531 | €368,371 | €282,966 | ▼ 23.2% |
| Amounts payable after more than one year17 | - | - | - | €46,631 | €32,101 | ▼ 31.2% |
| Financial debts170/4 | - | - | - | €46,631 | €32,101 | ▼ 31.2% |
| Amounts payable within one year42/48 | €252,810 | €252,548 | €301,346 | €321,653 | €250,775 | ▼ 22.0% |
| Current portion of amounts payable after more than one year42 | €55,000 | €0 | - | €13,989 | €14,530 | ▲ 3.9% |
| Financial debts43 | €532 | €959 | €1,219 | €6,670 | €1,674 | ▼ 74.9% |
| Credit institutions430/8 | €532 | €959 | €1,219 | €6,670 | €1,674 | ▼ 74.9% |
| Trade debts44 | €22,763 | €30,289 | €17,561 | €43,550 | €15,674 | ▼ 64.0% |
| Suppliers440/4 | €22,763 | €30,289 | €17,561 | €43,550 | €15,674 | ▼ 64.0% |
| Taxes, remuneration and social security45 | €100,953 | €102,529 | €145,276 | €173,499 | €147,592 | ▼ 14.9% |
| Taxes450/3 | €30,141 | €28,433 | €41,496 | €43,546 | €38,303 | ▼ 12.0% |
| Remuneration and social security454/9 | €70,812 | €74,096 | €103,780 | €129,953 | €109,289 | ▼ 15.9% |
| Other amounts payable47/48 | €73,562 | €118,772 | €137,290 | €83,946 | €71,306 | ▼ 15.1% |
| Accrued charges and deferred income492/3 | €4,009 | €85 | €1,185 | €88 | €89 | ▲ 1.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €107,683 | €63,069 | €127,389 | €134,783 | €174,487 | ▲ 29.5% |
| + Depreciation and write-downs630 | €4,563 | €4,456 | €9,885 | €33,076 | €38,878 | ▲ 17.5% |
| Operating cash flow (approximation) | €112,246 | €67,525 | €137,273 | €167,859 | €213,365 | ▲ 27.1% |
| Investment in fixed assets (approximation) | - | -€10,166 | -€19,971 | -€133,980 | -€5,407 | ▲ 96.0% |
| Change in cash | - | -€55,148 | -€37,700 | -€129,260 | -€94,592 | ▲ 26.8% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €174,487 ▲29.5%
Operating result €247,719, net result €174,487, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Equity above €500,000Eq €589,190 ▲29.7%
7 profitable years in a row build equity to €589,190.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Equity above €200,000Eq €263,949 ▲68.9%
4 profitable years in a row build equity to €263,949.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial
Equity above €150,000Eq €156,265 ▲71.7%
3 profitable years in a row build equity to €156,265.
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 47 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Antwerpen · 1 establishment unit since 2016
Ground area
2,938 m²
Building footprint
455 m²
Parcel 11806F1307/00H009, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Watson
since 20162.259.916.985
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1307/00H009 | Flanders | 2,938 m² | 1 · 455 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 30,114 EUR awarded · 28,336 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 2,274 EUR | 12,354 EUR |
| 2024 | 1 | 1,200 EUR | 1,200 EUR |
| 2023 | 2 | 25,714 EUR | 13,856 EUR |
| 2022 | 1 | 926 EUR | 926 EUR |
Similar companies · same sector, comparable size
CREATING 3D OBJECTS
BE 0642.753.078
Sint-Truiden · Eq €648,822
DICTON
BE 0456.305.519
Mouscron · Eq €643,529
Creamanie
BE 0827.491.261
Roeselare · Eq €634,487
SAMA.BE
BE 0718.856.211
Incourt · Eq €626,500
EVDRKMG
BE 0678.819.757
Schilde · Eq €704,348
Of 6,288 companies in sector 74120 we hold annual accounts for 1,011. 379 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-12-2016
Fiscal year end31-12
Activities, NACEBEL 2025
73200Market research and public opinion polling
74120Graphic design and visual communication
E-invoicing
Reachable via Peppol
Peppol ID
0208:0667944671
Also
9925:BE0667944671
Registered
18-11-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.