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 54 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
OLIVIER WATHELET from Aywaille, company number BE0635754727, closed financial year 2025 with a result of € -91,070 after tax. For that financial year OLIVIER WATHELET recorded a gross margin of € 2.6 million and equity of € 419,479. Compared with financial year 2024, the result moved from € 99,897 to € -91,070. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 419,479
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -91,070
▼ still € 99,897 profit in 2024
Profit after tax over the fiscal year.
€ 133,002
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 383,967.
People and assets in 2025
€ 2.1 million
▲ 3% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 831,055
▼ 24% vs 2024
Of which on lease € 671,852.
Debts at end 2025
€ 3.1 million
▼ 9% vs 2024
€ 545,760 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 682,760
▲ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 118,177
▼ 29% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,342,235 | € 2,226,091 | € 2,810,291 | € 2,584,059 | ▼ 8% |
| Profit after taxes | € 44,702 | € 96,555 | € 99,897 | € -91,070 | ▼ € 190,967 |
| Equity | € 347,631 | € 418,357 | € 512,425 | € 419,479 | ▼ 18% |
| Total debts | € 2,303,053 | € 3,618,093 | € 4,179,148 | € 4,067,724 | ▼ 3% |
| Cash | € 49,981 | € 154,223 | € 136,198 | € 133,002 | ▼ 2% |
| Land & buildings | € 1,291,954 | € 1,765,678 | € 1,709,612 | € 1,686,756 | ▼ 1% |
| Retained profit | € 298,585 | € 375,139 | € 475,037 | € 383,967 | ▼ 19% |
| Dividend | € 0 | € 20,000 | € 0 | € 0 | |
| Bank debt | € 1,711,948 | € 2,866,643 | € 3,433,232 | € 3,125,384 | ▼ 9% |
| Balance sheet total | € 2,650,684 | € 4,036,450 | € 4,691,573 | € 4,487,203 | ▼ 4% |
| Employees (FTE) | 19.8 | 32.2 | 36.2 | - |
Key figures of OLIVIER WATHELET, 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 OLIVIER WATHELET?
What happened at OLIVIER WATHELET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 91,070 (▼ € 190,967 vs 2024). filed late Source: NBB ↗
- New establishment in Aywaille. KBO
- Start of the company according to the CBE. KBO
In short
From € 44,702 profit in 2022 to € 91,070 loss in 2025.
Paid € 7,552 in corporate taxes since 2022.
Best year ever: 2024, with € 99,897 profit.
On average € 77,600 of value added per employee in 2024.
Management
Behind OLIVIER WATHELET are Olivier WATHELET and Stéphanie WATHELET. Olivier WATHELET is also behind Locawatt.
Directors
According to the 2025 annual accounts
Stéphanie WATHELET
Managing director
Establishments
Establishment units
Physical locations of this company
Rue de Lambinon 6
4920 Aywaille
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
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Hosting & Email
Email provider
Microsoft 365
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Website info
Features
Security
Network
Details
- Company number
- 0635.754.727
- VAT number
- BE 0635.754.727
- Registered office
- Rue de Lambinon 6, 4920 Aywaille
- Names & denominations
- OLIVIER WATHELET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 August 2015
- Peppol
- Active · Active since 20 Nov 2020
- Contact
- olivierwathelet.be
- Activities · NACE
Algemene bouw van residentiële gebouwen
Goederenvervoer over de weg
Stukadoorswerk
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit