WATT'S UP!
ActiveThe computed 12-month bankruptcy probability of WATT'S UP! is 1.9% (moderate). The 2025 annual accounts show equity of €52k and a net result of €9k. Equity is growing by ~19.1% per year across the filed fiscal years. Its solvency ranks better than 69% of 27676 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▲+43
Solvency89▲+48
Growth52=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.71 against 0.99 in 2024; short-term debt: 27.8% and cash: 19.7% of total assets), and 35.7% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 · 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
64.3%
Return on assets
11.6%
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 · 6 filingsDeviation from the deadline
2025
23 d early
2024
26 d late
2023
40 d early
2022
33 d early
2021
9 d early
2020
8 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€52k▲ 21.9%
2024 · €43k
2020: €22k
2021: €16k
2022: €59k
2023: €65k
2024: €43k
2020 → 2025
Total assets
€81k▼ 70.2%
2024 · €273k
2020: €86k
2021: €237k
2022: €267k
2023: €309k
2024: €273k
2020 → 2025
Net result
€9k
2024 · €-22k
2020: €21k
2021: €-6k
2022: €43k
2023: €6k
2024: €-22k
2020 → 2025
Working capital
€38k
2024 · €-595
2020: €13k
2021: €-3k
2022: €27k
2023: €17k
2024: €-595
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€16k-€59k▲ 269%€65k▲ 10.5%€43k▼ 34.2%€52k▲ 21.9%
Operating result€-3k-€49k€9k▼ 81.0%€-18k€14k
Net result€-6k-€43k€6k▼ 85.6%€-22k€9k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €14k after a loss of €18k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €81k
Fixed assets
€20k▼ 90.4%
Current assets
€61k▼ 3.4%
Equity and liabilities €81k
Equity
€52k▲ 21.9%
Debt
€29k▼ 87.4%
The debt ratio falls from 84.3% to 35.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15k▲
2024 · €4k
Cash flow
€10k▲
2024 · €-188
Solvency
64.3%▲
2024 · 15.7%
Current ratio
2.71▲
2024 · 0.99
Quick ratio
2.28▲
2024 · 0.77
Debt / equity
0.55▼
2024 · 5.36
ROE
18.0%▲
2024 · -51.9%
ROA
11.6%▲
2024 · -8.2%
Interest coverage
3.08▲
2024 · 0.86
Debt
€29k▼
2024 · €230k
Debt ≤ 1 year
€23k▼
2024 · €64k
Debt > 1 year
€6k▼
2024 · €166k
Staff costs
€24k▼
2024 · €44k
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€273k€81k▼
Fixed assets21/28€209k€20k▼
Tangible fixed assets22/27€209k€18k▼
Land and buildings22€171k€15k▼
Plant, machinery and equipment23€15k€3k▼
Furniture and vehicles24€2k€0▼
Leasing and similar rights25€21k-
Financial fixed assets28-€2k
Current assets29/58€63k€61k▼
Stocks and contracts in progress3€14k€10k▼
Stocks30/36€14k€10k▼
Amounts receivable within one year40/41€38k€29k▼
Trade receivables40€35k€29k▼
Other amounts receivable41€3k€125▼
Cash at bank and in hand54/58€9k€16k▲
Deferred charges and accrued income490/1€2k€7k▲
Equity and liabilities
Total equity and liabilities10/49€273k€81k▼
Equity10/15€43k€52k▲
Contributions10/11€1k€1k=
Reserves13€64k€64k=
Distributable reserves133€64k€64k=
Profit (loss) carried forward14€-22k€-13k▲
Amounts payable17/49€230k€29k▼
Amounts payable after more than one year17€166k€6k▼
Financial debts170/4€166k€6k▼
Amounts payable within one year42/48€64k€23k▼
Current portion of amounts payable after more than one year42€13k-
Financial debts43€5k€6k▲
Other loans439€5k€6k▲
Trade debts44€32k€4k▼
Suppliers440/4€32k€4k▼
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€9€556▲
Remuneration and social security454/9€5k€3k▼
Other amounts payable47/48€9k€9k▲
Accrued charges and deferred income492/3€99-
Income statement
Code20242025
Non-recurring operating income76A€533€54k▲
Remuneration, social security and pensions62€44k€24k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€1k▼
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A-€10k
Gross operating margin9900€49k€50k▲
Operating profit (loss)9901€-18k€14k▲
Financial income75/76B€415€400▼
Recurring financial income75€415€400▼
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€-22k€9k▲
Profit (loss) for the period9904€-22k€9k▲
Profit (loss) for the period to be appropriated9905€-22k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-22k€-13k▲
Profit (loss) brought forward from the previous period14P-€-22k
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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 2.71
Current ratio from 0.99 to 2.71; short-term debt falls from €64k to €23k.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Weakest financial yearnet €-22k ▼459%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €43k
Net result €43k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.01
Current ratio from 0.88 to 2.01; short-term debt falls from €27k to €26k.
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Staden · 1 establishment unit since 2020
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.
Warandestraat(STA) 98840 StadenGround area
8,267 m²
Building footprint
3,892 m²
2 parcels, Flanders. Linked by address, not a title deed.
1 establishment unit
WATT'S UP!
since 20202.301.333.512
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36494D1823/00D000 | Flanders | 7,234 m² | 1 · 3,891 m² | - |
| 36019B0775/00X000 | Flanders | 1,033 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2024 · 1 entry · 252 EUR awarded · 75 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 252 EUR | 75 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,595 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-03-2020
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.