WATSSON
ActiveWATSSON has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €196k and a net result of €28k. Equity is growing by ~30.6% per year across the filed fiscal years. Its solvency ranks better than 44% of 27386 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
81
/ 100
Excellent▲ +23 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-17
Solvency74▲+23
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity tight (current ratio 1.49 against 0.93 in 2024), and 58.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
41.4%
Return on assets
6%
Age of the figures
8 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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
58 d early
2023
93 d early
2022
31 d late
2021
32 d early
2020
1 d early
2019
1 d early
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€196k▲ 16.9%
2024 · €168k
2018: €30k
2019: €44k
2020: €68k
2021: €78k
2022: €104k
2023: €138k
2024: €168k
2018 → 2025
Total assets
€473k▼ 6.1%
2024 · €504k
2018: €194k
2019: €186k
2020: €192k
2021: €311k
2022: €472k
2023: €495k
2024: €504k
2018 → 2025
Net result
€28k▼ 5.4%
2024 · €30k
2018: €5k
2019: €14k
2020: €24k
2021: €10k
2022: €26k
2023: €34k
2024: €30k
2018 → 2025
Working capital
€30k
2024 · €-7k
2018: €-31k
2019: €-51k
2020: €-32k
2021: €33k
2022: €2k
2023: €-2k
2024: €-7k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€78k-€104k▲ 33.6%€138k▲ 32.2%€168k▲ 21.8%€196k▲ 16.9%
Operating result€24k-€40k▲ 68.2%€55k▲ 35.1%€55k=€49k▼ 10.1%
Net result€10k-€26k▲ 159%€34k▲ 27.9%€30k▼ 10.7%€28k▼ 5.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €473k
Fixed assets
€381k▼ 7.6%
Current assets
€92k▲ 0.5%
Equity and liabilities €473k
Equity
€196k▲ 16.9%
Debt
€277k▼ 17.6%
The debt ratio falls from 66.7% to 58.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€106k▼
2024 · €109k
Cash flow
€85k▲
2024 · €84k
Solvency
41.4%▲
2024 · 33.3%
Current ratio
1.49▲
2024 · 0.93
Quick ratio
1.48▲
2024 · 0.83
Debt / equity
1.41▼
2024 · 2.01
ROE
14.5%▼
2024 · 17.9%
ROA
6.0%▲
2024 · 5.9%
Interest coverage
10.15▲
2024 · 8.32
Debt
€277k▼
2024 · €336k
Debt ≤ 1 year
€62k▼
2024 · €98k
Debt > 1 year
€215k▼
2024 · €238k
Income taxes
€12k▲
2024 · €12k
Staff costs
€266▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€504k€473k▼
Fixed assets21/28€413k€381k▼
Tangible fixed assets22/27€413k€381k▼
Land and buildings22€403k€378k▼
Plant, machinery and equipment23€2k€726▼
Furniture and vehicles24€8k€3k▼
Current assets29/58€91k€92k▲
Stocks and contracts in progress3€9k€608▼
Stocks30/36€835€608▼
Contracts in progress37€9k€0▼
Amounts receivable within one year40/41€13k€27k▲
Trade receivables40€12k€10k▼
Other amounts receivable41€371€18k▲
Cash at bank and in hand54/58€11k€9k▼
Deferred charges and accrued income490/1€58k€55k▼
Equity and liabilities
Total equity and liabilities10/49€504k€473k▼
Equity10/15€168k€196k▲
Contributions10/11€6k€6k=
Reserves13€132k€160k▲
Tax-exempt reserves132€7k€7k=
Distributable reserves133€125k€154k▲
Profit (loss) carried forward14€29k€29k=
Amounts payable17/49€336k€277k▼
Amounts payable after more than one year17€238k€215k▼
Financial debts170/4€238k€215k▼
Amounts payable within one year42/48€98k€62k▼
Current portion of amounts payable after more than one year42€26k€23k▼
Financial debts43€46k€0▼
Credit institutions430/8€46k€0▼
Trade debts44€17k€26k▲
Suppliers440/4€17k€26k▲
Taxes, remuneration and social security45€7k€13k▲
Taxes450/3€6k€13k▲
Remuneration and social security454/9€196€0▼
Other amounts payable47/48€3k€0▼
Accrued charges and deferred income492/3€17€339▲
Income statement
Code20242025
Remuneration, social security and pensions62€2k€266▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54k€57k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€114k€110k▼
Operating profit (loss)9901€55k€49k▼
Financial income75/76B€69€1k▲
Recurring financial income75€69€1k▲
Financial charges65/66B€13k€10k▼
Recurring financial charges65€13k€10k▼
Profit (loss) for the period before taxes9903€42k€40k▼
Income taxes67/77€12k€12k▲
Profit (loss) for the period9904€30k€28k▼
Profit (loss) for the period to be appropriated9905€30k€28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€59k€58k▼
Profit (loss) brought forward from the previous period14P€29k€29k=
Transfer to equity691/2€30k€28k▼
To other reserves6921€30k€28k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €168k ▲21.8%
7 profitable years in a row build equity to €168k.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €34k ▲27.9%
Operating result €55k, net result €34k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Equity above €100kEq €104k ▲33.6%
5 profitable years in a row build equity to €104k.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 1.47
Current ratio from 0.56 to 1.47; short-term debt falls from €74k to €71k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Landen · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hunsbergstraat 413400 LandenGround area
1,838 m²
Building footprint
191 m²
Volume, LiDAR
1,098 m³
Parcel 24058A0304/00A002, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WT ELEKTRIX
since 20102.191.978.383
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24058A0304/00A002 | Flanders | 1,838 m² | 1 · 191 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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KENIS AUTOMATISATION
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Electrima
BE 0890.318.656
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TASER
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C.H.
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Of 22,728 companies in sector 43211 we hold annual accounts for 10,271. 8,258 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-05-2010
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.