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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
WATTEYNE CONSTRUCTION from Schaarbeek, company number BE0550428478, closed financial year 2024 with a result of € -13,379 after tax. For that financial year WATTEYNE CONSTRUCTION recorded a gross margin of € -6,316 and equity of € -83,091. Compared with financial year 2023, the result moved from € -60,246 to € -13,379. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 24, 2025.
€ -83,091
▼ € 13,379 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,379
▲ 78 % less loss than in 2023
Profit after tax over the fiscal year.
€ 3,434
▼ 26% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -93,091.
People and assets in 2024
€ 1,116
▼ 84% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 5,635
▲ € 5,245 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 136
▼ 88% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -13,757 | € 33,119 | € -50,809 | € -6,316 | ▲ € 44,493 |
| Profit after taxes | € -15,058 | € 25,546 | € -60,246 | € -13,379 | ▲ € 46,867 |
| Equity | € -35,012 | € -9,466 | € -69,712 | € -83,091 | ▼ € 13,379 |
| Total debts | € 68,306 | € 110,541 | € 134,105 | € 133,198 | ▼ 1% |
| Cash | € 18,358 | € 954 | € 4,657 | € 3,434 | ▼ 26% |
| Retained profit | € -45,012 | € -19,466 | € -79,712 | € -93,091 | ▼ € 13,379 |
| Balance sheet total | € 33,294 | € 101,075 | € 64,393 | € 50,107 | ▼ 22% |
Key figures of WATTEYNE CONSTRUCTION, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to WATTEYNE CONSTRUCTION?
What happened at WATTEYNE CONSTRUCTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 13,379. filed late Source: NBB ↗
- New establishment in Schaarbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,058 loss in 2021 to € 13,379 loss in 2024.
Paid € 255 in corporate taxes since 2021.
Best year ever: 2022, with € 25,546 profit.
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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 WATTEYNE CONSTRUCTION are Abdelhakim Ouraghi and Latifa El Fihmi.
Directors
According to the 2024 annual accounts
Abdelhakim Ouraghi
Director
Latifa El Fihmi
Director
Establishments
Establishment units
Physical locations of this company
Gustave Latinislaan 19
1030 Schaarbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0550.428.478
- VAT number
- BE 0550.428.478
- Registered office
- Gustave Latinislaan 19, 1030 Schaarbeek
- Names & denominations
- WATTEYNE CONSTRUCTION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 April 2014
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
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