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WATSON GRAY - ARA

Active
Private limited companyfounded 2012active for 14 yearsSint-Aldegondiskaai 38, 2000 Antwerpen, BelgiumKBO/BCE: BE 0844.182.486
Summary

WATSON GRAY - ARA has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26,877 and a net result of €6,417. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 11% of 2,559 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Official details

Source: KBO
Status
Active since 29-02-2012 Normal situation
Registered office
12 active companies are registered at this address Source: KBO register, as of 3 November 2026.
Activity
Other technical testing and analysis NACE 71209and 2 others
Establishment unit
2.208.345.253 2030 Antwerpen, since 29-02-2012
Financial year end
31 December
Peppol
Reachable since 02-12-2025

Board and ownership

Board
  • Geurts Ondernemingen bvDirector · since 24-12-2015
  • Bricout FrédéricDirector · since 18-02-2021
  • Vertommen AntoonDirector · since 18-02-2021
Shareholders
  • SOTAF2024 annual accounts of SOTAF

Financial position

64 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Annual accounts 2025
Gross margin
€105,397
▼ 56.1%
Turnover
≈ €210,000
estimated
Profit
€6,417
▼ 94.1%
Equity
€26,877
▲ 31.4%
Total assets
€1.1m
▲ 0.8%
Staff
0.5 FTE
▼ 50.0%
  • 2025 accounts filed 49 days after the deadline
Score breakdownraises riskLast filed accounts filed 49 days late; 2 of the last 3 accounts late1 change of registered office in 24 monthsEquity €26,877 (2.4% of total assets)lowers riskSize: 0.5 FTE, total assets €1.1mShow the evidence

Checked score

Score 2025
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 27% of micro companies in architecture and engineering (NACE 71)
Financial strength · tick: 2024
Weak
Solvency 27=
equity 2.4% of total assets
Liquidity 10+4
short-term debt 87.7% · cash 7.1%
Profitability 33-29
return on assets 0.6%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,824 companies, NACE 71, micro)
Last 24 months 12-2024: 0.8% 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.9%▲ +0.1 percentage points vs 05-2025 07-2025: 0.4%▼ -0.5 percentage points vs 06-2025lowest value 08-2025: 0.4%● unchanged vs 07-2025lowest value 09-2025: 0.5%▲ +0.1 percentage points vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 1.0%▲ +0.5 percentage points vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.1%▲ +0.1 percentage points vs 04-2026 06-2026: 1.2%▲ +0.1 percentage points vs 05-2026 07-2026: 1.3%▲ +0.1 percentage points vs 06-2026 08-2026: 1.6%▲ +0.3 percentage points vs 07-2026 09-2026: 2.1%▲ +0.5 percentage points vs 08-2026highest value 10-2026: 1.2%▼ -0.9 percentage points vs 09-2026 11-2026: 1.2%● unchanged vs 10-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.99 (0.97 in 2024), below 1. Short-term debt is 87.7% and cash 7.1% of total assets. 97.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 11% of them on solvency, 5% on liquidity, 16% on profitability and 75% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 49 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Equity €26,877 (2.4% of total assets)
NBB · annual accounts
lowers risk · Size: 0.5 FTE, total assets €1.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 2559 sector peers (2025).
NBB · sector comparison
Position among 2559 sector peers
Solvency
better than 11%
← weakest strongest →
raises risk · 2025 accounts filed 49 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-09-2026, 49 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
49 days late
2024
34 days early
2023
236 days late
2022
21 days late
2021
8 days early
2020
84 days late
2019
24 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 53 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 August (4 of the last 5 accounts filed within 55 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower solvency than 89% of companies in architecture and engineeringsector median 47.3% · 2,559 companies 2.4% View
  • Result fell in 2025the 2024 profit included a one-off income of €92,577 ▼ 94.1% View
  • Positive: 8 profitable years in a rowprofit 2025: €6,417 8 years View

Recent changes

  1. · Gazette deed Registered office moved within Antwerpen
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as WATSON GRAY - ARA: other technical testing and analysis (NACE 71209). They are comparable in size and age: total assets between €462,000 and €1.4m, founded between 2005 and 2017.

CompanyTotal assetsGross margin
WATSON GRAY - ARA Antwerpen€1.1m€0.1m
XRay Meca Anhée€1.3m€0.07m
KD Real Estate Leuven€1.0m€0.2m
SMART SURVEYS Oosterzele€0.7m€0.2m
SQM Hasselt€0.9m€0.2m
van Oosterhout Management Turnhout€0.5m€0.2m
TOLLGRADE BELGIUM Temse€1.4m€0.3m
Full comparison

Key facts about WATSON GRAY - ARA

What is the company number of WATSON GRAY - ARA?
The company number of WATSON GRAY - ARA is 0844.182.486. The VAT number is the same number with BE in front: BE 0844.182.486.
Where is WATSON GRAY - ARA based?
The registered office is at Sint-Aldegondiskaai 38, 2000 Antwerpen.Company details
What does WATSON GRAY - ARA do?
According to the KBO register, the main activity is other technical testing and analysis (NACE 71209).
What is the legal form of WATSON GRAY - ARA?
The legal form of WATSON GRAY - ARA is Private limited company (BV).
When was WATSON GRAY - ARA founded?
WATSON GRAY - ARA was founded on 29-02-2012.
Is WATSON GRAY - ARA still active?
Yes, WATSON GRAY - ARA is an active enterprise in the KBO register.
How many employees does WATSON GRAY - ARA have?
WATSON GRAY - ARA had an average of 0.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of WATSON GRAY - ARA?
The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €105,397 and 54 comparable companies (NACE 71). It probably lies between €160,000 and €320,000.
Is WATSON GRAY - ARA profitable?
In financial year 2025, WATSON GRAY - ARA made a profit of €6,417.
Where can I find the annual accounts of WATSON GRAY - ARA?
WATSON GRAY - ARA filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WATSON GRAY - ARA due?
WATSON GRAY - ARA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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