Financials
Financial year 2025
WATTS ON from Deinze, company number BE0461480963, closed financial year 2025 with a result of € 41,228 after tax. For that financial year WATTS ON recorded a gross margin of € 53,465 and equity of € 12,277. Compared with financial year 2024, the result moved from € 25,034 to € 41,228. Profitable, and profit is growing. 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 October 14, 2026.
€ 12,277
▲ € 41,228 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 41,228
▲ 65% vs 2024
Profit after tax over the fiscal year.
€ 56,178
▼ 5% 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 € -9,723.
People and assets in 2025
€ 1,214
▼ 55% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 110,000
▼ 27% vs 2024
Loans from banks and other lenders, long and short.
€ 15,831
▲ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,375
▲ 6% 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 | € 45,838 | € 63,272 | € 59,208 | € 53,465 | ▼ 10% |
| Profit after taxes | € 26,588 | € 47,840 | € 25,034 | € 41,228 | ▲ 65% |
| Equity | € -101,824 | € -53,985 | € -28,951 | € 12,277 | ▲ € 41,228 |
| Total debts | € 267,200 | € 169,845 | € 168,466 | € 133,316 | ▼ 21% |
| Cash | € 20,912 | € 14,946 | € 59,199 | € 56,178 | ▼ 5% |
| Retained profit | € -123,824 | € -75,985 | € -50,951 | € -9,723 | ▲ € 41,228 |
| Bank debt | € 223,000 | € 150,000 | € 150,000 | € 110,000 | ▼ 27% |
| Balance sheet total | € 165,376 | € 115,861 | € 139,515 | € 145,594 | ▲ 4% |
Key figures of WATTS ON, 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 WATTS ON?
What happened at WATTS ON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 41,228 (▲ 65% vs 2024). filed late Source: NBB ↗
- New establishment in Deinze. KBO
- Start of the company according to the CBE. KBO
In short
From € 26,588 profit in 2022 to € 41,228 profit in 2025.
Paid € 1,410 in corporate taxes since 2022.
Best year ever: 2023, with € 47,840 profit.
Management
Behind WATTS ON are Bart Bracke and Lard Vanobbergen.
Directors
According to the 2025 annual accounts
Bart Bracke
Director
Lard Vanobbergen
Director
Establishments
Establishment units
Physical locations of this company
Gaversesteenweg 55
9800 Deinze
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0461.480.963
- VAT number
- BE 0461.480.963
- Registered office
- Gaversesteenweg 55, 9800 Deinze
- Names & denominations
- WATTS ON
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 September 1997
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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