WATT
ActiveSummary
WATT has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €108k and a net result of €50k. Equity is growing by ~90.4% per year across the filed fiscal years. Its solvency ranks better than 72% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record82
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days only on tighter terms
Liquidity ample (current ratio 4.29 against 4.21 in 2024; short-term debt: 23.3% and cash: 90.7% of total assets), and 23.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 · Young company
A young company has little track record yet and statistically fails more often than an established 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
76.6%
Return on assets
35.2%
Age of the figures
9 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 08-07-2026, 23 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
23 d early
2024
18 d early
2023
4 d early
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€108k▲ 85.3%
2024 · €58k
2023: €3klowest in 3 years
2024: €58k▲ +2104% vs 2023
2025: €108k▲ +85.3% vs 2024highest in 3 years
2023 → 2025
Total assets
€141k▲ 84.5%
2024 · €76k
2023: €4klowest in 3 years
2024: €76k▲ +1737% vs 2023
2025: €141k▲ +84.5% vs 2024highest in 3 years
2023 → 2025
Net result
€50k▼ 10.7%
2024 · €56k
2023: €-360lowest in 3 years
2024: €56k▲ +15538% vs 2023highest in 3 years
2025: €50k▼ -10.7% vs 2024
2023 → 2025
Working capital
€108k▲ 85.6%
2024 · €58k
2023: €2klowest in 3 years
2024: €58k▲ +3384% vs 2023
2025: €108k▲ +85.6% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€3k-€58k▲ 2,104%€108k▲ 85.3%
2023: €3klowest in 3 years
2024: €58k▲ +2104% vs 2023
2025: €108k▲ +85.3% vs 2024highest in 3 years
Operating result€-356-€71k€64k▼ 9.6%
2023: €-356lowest in 3 years
2024: €71k▲ +20112% vs 2023highest in 3 years
2025: €64k▼ -9.6% vs 2024
Net result€-360-€56k€50k▼ 10.7%
2023: €-360lowest in 3 years
2024: €56k▲ +15538% vs 2023highest in 3 years
2025: €50k▼ -10.7% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €141k
Equity
€108k ▲ 85.3%
Debt
€33k ▲ 81.8%
Debt's share of the balance-sheet total falls from 23.8% to 23.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€64k▼
2024 · €72k
Cash flow
€50k▼
2024 · €57k
Current ratio
4.29▲
2024 · 4.21
Debt to equity
0.31▼
2024 · 0.31
ROE
46.0%▼
2024 · 95.5%
ROA
35.2%▼
2024 · 72.8%
Interest coverage
1595.04▼
2024 · 1660.12
Debt ≤ 1 year
€33k▲
2024 · €18k
Income taxes
€15k▼
2024 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€76k€141k▲
Formation expenses20€0-
Current assets29/58€76k€141k▲
Amounts receivable within one year40/41€10k€13k▲
Trade receivables40€10k€13k▲
Other amounts receivable41€0-
Cash at bank and in hand54/58€67k€128k▲
Equity and liabilities
Total equity and liabilities10/49€76k€141k▲
Equity10/15€58k€108k▲
Contributions10/11€3k€3k=
Reserves13€50k€100k▲
Distributable reserves133€50k€100k▲
Profit (loss) carried forward14€5k€5k▼
Amounts payable17/49€18k€33k▲
Amounts payable within one year42/48€18k€33k▲
Trade debts44€1k€6k▲
Suppliers440/4€1k€6k▲
Taxes, remuneration and social security45€15k€27k▲
Taxes450/3€12k€22k▲
Remuneration and social security454/9€3k€5k▲
Other amounts payable47/48€2k€323▼
Accrued charges and deferred income492/3-€172
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€970€0▼
Other operating charges640/8€126€128▲
Gross operating margin9900€72k€65k▼
Operating profit (loss)9901€71k€64k▼
Financial income75/76B€2€0▼
Recurring financial income75€2€0▼
Financial charges65/66B€44€40▼
Recurring financial charges65€44€40▼
Profit (loss) for the period before taxes9903€71k€64k▼
Income taxes67/77€16k€15k▼
Profit (loss) for the period9904€56k€50k▼
Profit (loss) for the period to be appropriated9905€56k€50k▼
Appropriation of the result
Profit (loss) to be appropriated9906€55k€55k▼
Profit (loss) brought forward from the previous period14P€-360€5k▲
Transfer to equity691/2€50k€50k=
To other reserves6921€50k€50k=
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €255 | €970 | €0 | ▼ 100% |
| Other operating charges640/8 | - | €126 | €128 | ▲ 1.6% |
| Gross operating margin9900 | €-101 | €72k | €65k | ▼ 10.7% |
| Operating profit (loss)9901 | €-356 | €71k | €64k | ▼ 9.6% |
| Financial income75/76B | - | €2 | €0 | ▼ 100% |
| Recurring financial income75 | - | €2 | €0 | ▼ 100% |
| Financial charges65/66B | €4 | €44 | €40 | ▼ 7.1% |
| Recurring financial charges65 | €4 | €44 | €40 | ▼ 7.1% |
| Profit (loss) for the period before taxes9903 | €-360 | €71k | €64k | ▼ 9.6% |
| Income taxes67/77 | - | €16k | €15k | ▼ 5.6% |
| Profit (loss) for the period9904 | €-360 | €56k | €50k | ▼ 10.7% |
| Profit (loss) for the period to be appropriated9905 | €-360 | €56k | €50k | ▼ 10.7% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €4k | €76k | €141k | ▲ 84.5% |
| Formation expenses20 | €970 | €0 | - | - |
| Current assets29/58 | €3k | €76k | €141k | ▲ 84.5% |
| Amounts receivable within one year40/41 | €192 | €10k | €13k | ▲ 33.6% |
| Trade receivables40 | - | €10k | €13k | ▲ 33.6% |
| Other amounts receivable41 | €192 | €0 | - | - |
| Cash at bank and in hand54/58 | €3k | €67k | €128k | ▲ 92.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €4k | €76k | €141k | ▲ 84.5% |
| Equity10/15 | €3k | €58k | €108k | ▲ 85.3% |
| Contributions10/11 | €3k | €3k | €3k | = |
| Reserves13 | - | €50k | €100k | ▲ 100% |
| Distributable reserves133 | - | €50k | €100k | ▲ 100% |
| Profit (loss) carried forward14 | €-360 | €5k | €5k | ▼ 7.2% |
| Amounts payable17/49 | €2k | €18k | €33k | ▲ 81.8% |
| Amounts payable within one year42/48 | €2k | €18k | €33k | ▲ 80.9% |
| Trade debts44 | - | €1k | €6k | ▲ 337% |
| Suppliers440/4 | - | €1k | €6k | ▲ 337% |
| Taxes, remuneration and social security45 | - | €15k | €27k | ▲ 75.4% |
| Taxes450/3 | - | €12k | €22k | ▲ 81.6% |
| Remuneration and social security454/9 | - | €3k | €5k | ▲ 51.6% |
| Other amounts payable47/48 | €2k | €2k | €323 | ▼ 78.7% |
| Accrued charges and deferred income492/3 | - | - | €172 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-360 | €56k | €50k | ▼ 10.7% |
| + Depreciation and write-downs630 | €255 | €970 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €-105 | €57k | €50k | ▼ 12.2% |
| Change in cash | - | €64k | €61k | ▼ 3.7% |
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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €100kEq €108k ▲85.3%
2 profitable years in a row build equity to €108k.
13-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €56k
Net result €56k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 4.21
Current ratio from 2.10 to 4.21.
27-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Oostende · 1 establishment unit since 2023
Ground area
4,576 m²
Building footprint
2,487 m²
Volume, LiDAR
36,625 m³
Parcel 35013A0014/00C000, Flanders · tallest building 30.4 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
WATT
since 20232.351.120.444
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35013A0014/00C000 | Flanders | 4,576 m² | 1 · 2,487 m² | 30.4 m · 3 fl. |
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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 509 EUR awarded · 509 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 509 EUR | 509 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,719 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
Founded20-10-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
62200Computer consultancy and computer facilities management
63920Other information service activities
71121Engineering and related technical consultancy, excluding land surveyors
82990Other business support services
85599Other education
Scores and ratios are computed by Checked and are not a credit decision.