Financials
Financial year 2025
WATEC from Couvin, company number BE0439274891, closed financial year 2025 with a result of € 2,689 after tax. For that financial year WATEC recorded a gross margin of € 4,914 and equity of € 6,537. Compared with financial year 2024, the result moved from € -3,181 to € 2,689. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 6,537
▲ 70% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,689
▲ still € 3,181 loss in 2024
Profit after tax over the fiscal year.
€ 4
▼ 55% 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 € -20,731.
Debts at end 2025
€ 18,910
Loans from banks and other lenders, long and short.
€ 6,260
▲ 131% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 450
▼ 40% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 57,536 | € -511 | € -1,238 | € 4,914 | ▲ € 6,152 |
| Profit after taxes | € 49,391 | € -3,595 | € -3,181 | € 2,689 | ▲ € 5,870 |
| Equity | € 10,624 | € 7,029 | € 3,848 | € 6,537 | ▲ 70% |
| Total debts | € 23,262 | € 25,486 | € 23,329 | € 26,896 | ▲ 15% |
| Cash | € 130 | € 326 | € 8 | € 4 | ▼ 55% |
| Retained profit | € -16,645 | € -20,239 | € -23,420 | € -20,731 | ▲ € 2,689 |
| Bank debt | € 17,260 | € 18,708 | € 18,897 | € 18,910 | |
| Balance sheet total | € 33,886 | € 32,515 | € 27,177 | € 33,434 | ▲ 23% |
Key figures of WATEC, 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 WATEC?
What happened at WATEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,689. Source: NBB ↗
- New establishment in Couvin. KBO
- Start of the company according to the CBE. KBO
In short
From € 49,391 profit in 2022 to € 2,689 profit in 2025.
Paid € 163 in corporate taxes since 2022.
Best year ever: 2022, with € 49,391 profit.
Establishments
Establishment units
Physical locations of this company
Rue de la Suédoise 20
5660 Couvin
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.274.891
- VAT number
- BE 0439.274.891
- Registered office
- Rue de la Suédoise 20, 5660 Couvin
- Names & denominations
- WATEC
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 2 January 1990
- Peppol
- Active · Active since 13 Oct 2025
- Activities · NACE
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