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Watts benelux

Active
Private limited companyfounded 1977active for 49 yearsBeernemsteenweg 77, 8750 Wingene, BelgiumKBO/BCE: BE 0417.214.915
Summary

Watts benelux has been active since 1977 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of €1.1m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 6,116 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Activity
Wholesale trade
NACE 46842Wholesale of other machinery and equipment NACE 46649
4th largest employer in Wingene, Wholesale and retail trade sector1 site
Size
€29.7mturnover 2025
Staff
27.1 FTE
Equity
€1.7m
Profit
€1.1m
Financial health
80 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Parent
Watts EMEA Holding · 100%
Auditor: KPMG Réviseurs d'EntreprisesAccounts 53 days early
Why 80raises riskLiquidity: current ratio 1.16, cash €53,584, halvedEquity €1.7m (19.3% of total assets)lowers riskProfit of €1.1m (financial year 2025)Founded in 1977Show the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 34% of its sector peers (NACE 46, small)
Financial strength · tick = 2024
Weak
Solvency 44+2
equity 19.3% of total assets
Liquidity 7-1
short-term debt 79.7% · cash 0.6%
Profitability 73+8
return on assets 12.7%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,378 companies, NACE 46, small)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.8%▲ +0.1 percentage points vs 05-2025highest value 07-2025: 0.6%▼ -0.2 percentage points vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.7%▲ +0.1 percentage points vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.5%▼ -0.2 percentage points vs 06-2026lowest value 08-2026: 0.5%● unchanged vs 07-2026lowest value 09-2026: 0.5%● unchanged vs 08-2026lowest value 10-2026: 0.5%● unchanged vs 09-2026lowest value
Credit of up to €130,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.16, compared with 1.12 in 2024, below the usual 1.5; short-term debt: 79.7% and cash: 0.6% of total assets), and 80.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, small): better than 22% on solvency, 6% on liquidity, 67% on profitability and 42% on growth.

The bankruptcy probability was computed on 21-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.16, cash €53,584, halved
NBB · annual accounts
raises risk · Equity €1.7m (19.3% of total assets)
NBB · annual accounts
lowers risk · Profit of €1.1m (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 1977
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 6116 sector peers (2025).
NBB · sector comparison
Position among 6116 sector peers
Solvency
better than 21%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.7m
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 filings
Deviation from the deadline
2025
53 days early
2024
43 days early
2023
41 days early
2022
52 days early
2021
32 days early
2020
4 days early
2019
68 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 22 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% 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 18 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
21-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointment: KPMG Bedrijfsrevisoren BV (statutory auditor)Gazette deed
  2. Annual accounts filedfinancial year 2025 · full…
  3. Resignation: Olivier Giverdon (director)Appointment: Marc Germeraad (director)

Key points

  • Positive: Result rose in 2025from €639,752 to €1.1m ▲ 71.4% View
  • Positive: 4th largest employer in Wingene, Wholesale and retail trade sectorin the Checked rankings No. 4 View
  • Positive: 8 profitable years in a rowprofit 2025: €1.1m 8 years View
  • Controlled by Watts EMEA Holdingultimately: Watts Industries INC 100% View
  • Board changedlatest change 13-12-2025 · 2 in office 1 joined · 1 left View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
  • Active since 1977founded 26-05-1977 49 years View

By topic

Financials

Financial year
2025
Turnover
€29.7m
Profit
€1.1m
Solvency
19.3%
Turnover▼ 6.5%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
Watts EMEA Holding · 100%
Auditor
KPMG Réviseurs d'Entreprises
  • Paolo DOLEZZALDirector
  • Marc GermeraadDirector
Go to Board & ownership

Timeline

Events
76
Since
1978
Next accounts
by 31-07-2027
  1. 18-06-2025Annual accounts filed
  2. 27-11-2024Resignation: Nigel WOOD (director)
  3. 20-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale tradeNACE 46842
Founded
26-05-1977
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
2
Who signs
Two directors jointly
Purpose
“Alle handelingen of daden te stellen die rechtsreeks of onrechtstreeks verband houden met…” (deed in Dutch)
Go to Articles of association

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