Financials
Financial year 2025
WATERSTONE'S BOOKSELLERS BELGIUM from Brussel, company number BE0403540685, closed financial year 2025 with a result of € 611,130 after tax. For that financial year WATERSTONE'S BOOKSELLERS BELGIUM recorded revenue of € 2.7 million and equity of € 5.2 million. Compared with financial year 2024, the result moved from € 390,239 to € 611,130. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 29, 2025.
€ 5.2 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 611,130
▲ 57% vs 2024
Profit after tax over the fiscal year.
€ 1.2 million
▲ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 5.1 million.
People and assets in 2025
13
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 583,378
▼ 4% vs 2024
€ 44,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 900
▼ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 262,770
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 61 days on average.
€ 162,808
▲ 14% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,161,269 | € 2,256,887 | € 2,468,555 | € 2,673,035 | ▲ 8% |
| Profit after taxes | € 353,023 | € 297,506 | € 390,239 | € 611,130 | ▲ 57% |
| Equity | € 3,911,428 | € 4,208,935 | € 4,599,174 | € 5,210,304 | ▲ 13% |
| Total debts | € 410,243 | € 757,561 | € 737,868 | € 664,221 | ▼ 10% |
| Cash | € 533,720 | € 882,485 | € 974,941 | € 1,248,881 | ▲ 28% |
| Retained profit | € 3,781,284 | € 4,078,790 | € 4,469,030 | € 5,080,160 | ▲ 14% |
| Balance sheet total | € 4,321,672 | € 4,966,496 | € 5,337,042 | € 5,874,525 | ▲ 10% |
| Employees (FTE) | 13.4 | 14.4 | 13.5 | 13 | ▼ 0.5 |
Key figures of WATERSTONE'S BOOKSELLERS BELGIUM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 November 2026.
What happened to WATERSTONE'S BOOKSELLERS BELGIUM?
What happened at WATERSTONE'S BOOKSELLERS BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Kate Skipper stepped down as director. NBB
- Karen Ashworth stepped down as director. NBB
- James Daunt stepped down as director. NBB
- Alexander Collins stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 611,130 (▲ 57% vs 2024). Source: NBB ↗
- Karen Ashworth became a director. NBB
- Kate Skipper became a director. NBB
- James Daunt became a director. NBB
In short
From € 353,023 profit in 2022 to € 611,130 profit in 2025.
Paid € 564,697 in corporate taxes since 2022.
Best year ever: 2025, with € 611,130 profit.
Pays suppliers within 61 days on average.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Book Retail Bidco Ltd. and Waterstones Booksellers Ltd..
Directors
According to the 2025 annual accounts
Kate Skipper
Director
since 2023 · until 2029
Alexander Collins
Director
since 2020 · until 2026
Karen Ashworth
Director
since 2024 · until 2029
James Daunt
Director
since 2023 · until 2029
Shareholders
Book Retail Bidco Ltd.
Waterstones Booksellers Ltd.
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Adolphe Maxlaan 71-75
1000 Brussel
Adolphe Maxlaan 71 7
1000 Brussel
Active since 1 April 1965
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0403.540.685
- VAT number
- BE 0403.540.685
- Registered office
- Adolphe Maxlaan 71-75, 1000 Brussel
- Names & denominations
- WATERSTONE'S BOOKSELLERS BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Detailhandel in boeken
Detailhandel in boeken, kranten, tijdschriften en kantoorbehoeften
Detailhandel in kranten en andere tijdschriften
Detailhandel in kranten en kantoorbehoeften in gespecialiseerde winkels