WATTMAN
ActiveWATTMAN has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4k and a net result of €22k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 18937 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+80
Solvency11▼-30
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.95 against 0.86 in 2023), and 98.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 56
Relative position
BE, all sectors
reference
Sector 56
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
1.8%
Return on assets
9.9%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
69 d late
2022
95 d late
2021
80 d late
2020
119 d late
2019
273 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€4k
2023 · €-19k
2018: €-22k
2019: €-63k
2020: €-78k
2021: €-13k
2022: €-18k
2023: €-19k
2018 → 2024
Total assets
€222k▼ 4.1%
2023 · €232k
2018: €288k
2019: €174k
2020: €179k
2021: €209k
2022: €262k
2023: €232k
2018 → 2024
Net result
€22k
2023 · €-750
2018: €10k
2019: €-41k
2020: €-15k
2021: €66k
2022: €-5k
2023: €-750
2018 → 2024
Working capital
€-10k▲ 70.7%
2023 · €-35k
2018: €-91k
2019: €-125k
2020: €-122k
2021: €-29k
2022: €-39k
2023: €-35k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-78k-€-13k▲ 83.7%€-18k▼ 40.0%€-19k▼ 4.2%€4k
Operating result€-25k-€67k€-3k€13k€35k▲ 172%
Net result€-15k-€66k€-5k€-750▲ 85.2%€22k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 172% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €222k
Fixed assets
€14k▼ 14.5%
Current assets
€208k▼ 3.3%
Equity and liabilities €222k
Equity
€4k
Debt
€219k
Debt finances 98.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€39k▲
2023 · €19k
Cash flow
€27k▲
2023 · €5k
Solvency
1.8%▲
2023 · -8.0%
Current ratio
0.95▲
2023 · 0.86
Quick ratio
0.88▲
2023 · 0.81
Debt / equity
55.20▲
2023 · -13.51
ROE
556.8%▲
2023 · 4.0%
ROA
9.9%▲
2023 · -0.3%
Interest coverage
3.90▲
2023 · 1.39
Debt
€219k▼
2023 · €251k
Debt ≤ 1 year
€219k▼
2023 · €251k
Income taxes
€9k▲
2023 · €922
Staff costs
€283k▲
2023 · €253k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€232k€222k▼
Fixed assets21/28€17k€14k▼
Tangible fixed assets22/27€13k€11k▼
Land and buildings22€3k€3k▲
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€9k€6k▼
Financial fixed assets28€4k€4k=
Current assets29/58€215k€208k▼
Stocks and contracts in progress3€12k€16k▲
Stocks30/36€12k€16k▲
Amounts receivable within one year40/41€74k€46k▼
Trade receivables40€59k€841▼
Other amounts receivable41€15k€45k▲
Cash at bank and in hand54/58€127k€145k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€232k€222k▼
Equity10/15€-19k€4k▲
Contributions10/11€6k€6k▲
Reserves13€16k€16k=
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Tax-exempt reserves132€513€513=
Distributable reserves133€13k€15k▲
Profit (loss) carried forward14€-40k€-18k▲
Amounts payable17/49€251k€219k▼
Amounts payable within one year42/48€251k€219k▼
Trade debts44€104k€51k▼
Suppliers440/4€104k€51k▼
Taxes, remuneration and social security45€90k€70k▼
Taxes450/3€36k€12k▼
Remuneration and social security454/9€54k€58k▲
Other amounts payable47/48€56k€98k▲
Income statement
Code20232024
Remuneration, social security and pensions62€253k€283k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€5k▼
Other operating charges640/8€4k€53k▲
Gross operating margin9900€276k€376k▲
Operating profit (loss)9901€13k€35k▲
Financial income75/76B€1k€6k▲
Recurring financial income75€1k€6k▲
Non-recurring financial income76B€0-
Financial charges65/66B€14k€10k▼
Recurring financial charges65€14k€10k▼
Profit (loss) for the period before taxes9903€172€31k▲
Income taxes67/77€922€9k▲
Profit (loss) for the period9904€-750€22k▲
Profit (loss) for the period to be appropriated9905€-750€22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-40k€-18k▲
Profit (loss) brought forward from the previous period14P€-39k€-40k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Back to profitnet €22k
Net result €22k after 2 loss-making years.
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
2023
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 95 days late
2022
19-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 80 days late
2021
31-12
Financial
Back to profitnet €66k
Net result €66k after 2 loss-making years.
27-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 119 days late
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 273 days late
2019
31-12
Financial
Weakest financial yearnet €-41k ▼491%
Net result drops to €-41k, the lowest in the series; recovery starts the following year.
06-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 37 days late
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 1 day late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
04-01-2026
Geens Ellen: Resigned as Manager
13-03-2025
Geens Ellen: Resigned as Director
01-03-2025
LIV-IT: Resigned as Director
19-02-2018
Björn Meeuwsse: Resigned as Manager
22-09-2005
Babs van Hassel: Resigned as Manager
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2002
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.
Tramplein 32600 AntwerpenGround area
122 m²
Building footprint
93 m²
Volume, LiDAR
1,294 m³
Parcel 11302D1287/00H004, Flanders · tallest building 19.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
WATTMAN BVBA
since 20022.095.955.214
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11302D1287/00H004 | Flanders | 122 m² | 1 · 93 m² | 19.0 m · 5 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 4,000 EUR awarded · 4,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.095.955.214
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Of 20,234 companies in sector 56111 we hold annual accounts for 11,310. 4,344 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-04-2002
Fiscal year end31-12
Activities, NACEBEL
55301
55302
56101Full-service restaurants
56111Full-service restaurants
55401
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 23 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.