Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 4.7 to 2.2.
Financials
Financial year 2025
WATELLE from Damme, company number BE0476387289, closed financial year 2025 with a result of € 99,720 after tax. For that financial year WATELLE recorded a gross margin of € 408,655 and equity of € 684,547. Compared with financial year 2024, the result moved from € 98,117 to € 99,720. 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 June 30, 2026.
€ 684,547
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 99,720
▲ 2% vs 2024
Profit after tax over the fiscal year.
€ 57,618
▼ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 80,000 paid out
80 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
2.2
▼ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 149,726
▼ 31% vs 2024
€ 68,100 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.
€ 42,104
▲ 67% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 607,385
▲ 5% vs 2024
€ 136,223 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 52,582
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,688
▲ 27% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 579,036 | € 522,410 | € 483,173 | € 408,655 | ▼ 15% |
| Profit after taxes | € 112,091 | € 79,133 | € 98,117 | € 99,720 | ▲ 2% |
| Equity | € 627,577 | € 646,711 | € 664,828 | € 684,547 | ▲ 3% |
| Total debts | € 1,306,144 | € 1,060,471 | € 830,591 | € 788,978 | ▼ 5% |
| Cash | € 64,172 | € 31,360 | € 83,638 | € 57,618 | ▼ 31% |
| Land & buildings | € 1,057,876 | € 993,914 | € 940,161 | € 886,408 | ▼ 6% |
| Retained profit | € 565,577 | € 584,711 | € 602,828 | € 622,547 | ▲ 3% |
| Dividend | € 80,000 | € 60,000 | € 80,000 | € 80,000 | |
| Bank debt | € 841,062 | € 698,240 | € 578,403 | € 607,385 | ▲ 5% |
| Balance sheet total | € 1,950,971 | € 1,723,199 | € 1,510,204 | € 1,487,079 | ▼ 2% |
| Employees (FTE) | 5 | 4.7 | 3.7 | 2.2 | ▼ 1.5 |
Key figures of WATELLE, 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 WATELLE?
What happened at WATELLE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 99,720 (▲ 2% vs 2024). Source: NBB ↗
- New establishment in Beernem. KBO
- New establishment in Damme. KBO
- Start of the company according to the CBE. KBO
In short
From € 112,091 profit in 2022 to € 99,720 profit in 2025.
Paid € 47,599 in corporate taxes since 2022.
Best year ever: 2022, with € 112,091 profit.
On average € 185,800 of value added per employee in 2025.
A new publication or filing at WATELLE? We notify you, reason included.
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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
Behind WATELLE are WADO INVEST BV and 3S WATELLE BV. WADO INVEST BV is also behind OPTIEK DOBBELAERE.
Directors
According to the 2025 annual accounts
Director · represented by Dries Watelle
Establishments
Establishment units
Physical locations of this company
Gentse Steenweg 82/A
8340 Damme
Gentse Steenweg 82 A
8340 Damme
Active since 12 February 2002
Knesselarestraat 162 box A
8730 Beernem
Active since 1 January 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
MICROSOFT-CORP-MSN-AS-BLOCK - Microsoft Corporation, US
Website info
Features
Security
Details
- Company number
- 0476.387.289
- VAT number
- BE 0476.387.289
- Registered office
- Gentse Steenweg 82/A, 8340 Damme
- Names & denominations
- WATELLE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 2001
- Peppol
- Active · Active since 5 Nov 2025
- Contact
- watelle.be
- Activities · NACE
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken
Landschapsverzorging
Boomkwekerijen, muv bosboomkwekerijen
Boomkwekerijen
Activiteiten van bouwarchitecten
Detailhandel in bloemen, planten, zaden en kunstmeststoffen
Groothandel in bloemen en planten
Architecten
+1