Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WATERMAN AALST from Aalst, company number BE0424651944, closed financial year 2025 with a result of € 4,879 after tax. For that financial year WATERMAN AALST recorded a gross margin of € 6,027 and equity of € 2,214. Compared with financial year 2024, the result moved from € 4,931 to € 4,879. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 2,214
▲ € 4,879 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,879
▼ 1% vs 2024
Profit after tax over the fiscal year.
€ 9,953
▲ 3% 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 € -16,386.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,445
▲ € 2,141 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 416 | € 18,570 | € 7,416 | € 6,027 | ▼ 19% |
| Profit after taxes | € -2,226 | € 15,714 | € 4,931 | € 4,879 | ▼ 1% |
| Equity | € -23,310 | € -7,596 | € -2,665 | € 2,214 | ▲ € 4,879 |
| Total debts | € 41,952 | € 41,351 | € 33,756 | € 31,779 | ▼ 6% |
| Cash | € 5,974 | € 13,027 | € 9,698 | € 9,953 | ▲ 3% |
| Retained profit | € -41,910 | € -26,196 | € -21,265 | € -16,386 | ▲ € 4,879 |
| Bank debt | € 2,568 | € 647 | € 0 | € 0 | |
| Balance sheet total | € 18,642 | € 33,755 | € 31,091 | € 33,993 | ▲ 9% |
Key figures of WATERMAN AALST, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to WATERMAN AALST?
What happened at WATERMAN AALST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,879 (▼ 1% vs 2024). Source: NBB ↗
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,226 loss in 2022 to € 4,879 profit in 2025.
Best year ever: 2023, with € 15,714 profit.
Management
Behind WATERMAN AALST is Bert Spaenhoven.
Directors
According to the 2025 annual accounts
Bert Spaenhoven
Director
Establishments
Establishment units
Physical locations of this company
Kerkhoflaan 97
9300 Aalst
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0424.651.944
- VAT number
- BE 0424.651.944
- Registered office
- Kerkhoflaan 97, 9300 Aalst
- Names & denominations
- WATERMAN AALST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 October 1983
- Peppol
- Active · Active since 3 Oct 2025
- Activities · NACE
Overige bouwinstallatie
Detailhandel in textiel
Overige bouwinstallatie, n.e.g.
Detailhandel in huishoudtextiel en beddengoed