Active · per the CBE, 30 September 2026
Watt Matters logo

Watt Matters

BE0641919571

Rechtspersoon Private limited company 9 establishments

Watt Matters is an engineering firm in Elsene. Private Limited, started on 27 October 2015, 9 establishments.

Londenstraat 17, 1050 Elsene wattmatters.be

Behind the company: OuiTransform SRL, BEWATT SRL, Ismael DAOUD.

Active for

10 year, 11 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Busy address KBO

    15 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

Watt Matters from Elsene, company number BE0641919571, closed financial year 2025 with a result of € 321,898 after tax. For that financial year Watt Matters recorded a gross margin of € 2.7 million and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 484,948 to € 321,898. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.

What it is worth Growing

€ 1.7 million

▲ 3% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 321,898

▼ 34% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 41,884

▼ 93% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 230,000 paid out

71 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

9

▲ 1.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 887,004

▲ 45% vs 2024

€ 98,600 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.

Vehicles and equipment

€ 28,336

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 6.1 million

▼ 5% vs 2024

€ 2.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 1.1 million

▼ 25% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 148,119

▲ 51% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 1,991,233 € 2,110,298 € 2,599,800 € 2,659,722 ▲ 2%
Profit after taxes € 454,218 € 246,756 € 484,948 € 321,898 ▼ 34%
Equity € 1,456,568 € 1,394,605 € 1,608,561 € 1,659,468 ▲ 3%
Total debts € 10,399,557 € 10,017,660 € 10,404,809 € 8,235,071 ▼ 21%
Cash € 246,888 € 626,296 € 562,775 € 41,884 ▼ 93%
Retained profit € 473,602 € 370,358 € 625,306 € 717,204 ▲ 15%
Dividend € 350,000 € 350,000 € 230,000 € 230,000
Bank debt € 9,194,722 € 7,860,987 € 6,465,770 € 6,144,954 ▼ 5%
Balance sheet total € 11,956,125 € 11,644,267 € 12,322,048 € 10,240,762 ▼ 17%
Employees (FTE) 4.4 4.5 7.6 9 ▲ 1.4

Key figures of Watt Matters, 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 Watt Matters?

What happened at Watt Matters in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 321,898 (▼ 34% vs 2024). Source: NBB ↗
  • New establishment in Elsene. KBO
  • New establishment in Anderlecht. KBO
  • New establishment in Ukkel. KBO
  • New establishment in Elsene. KBO
  • New establishment in Elsene. KBO
  • New establishment in Sint-Jans-Molenbeek. KBO
  • New establishment in Brussel. KBO

In short

From € 454,218 profit in 2022 to € 321,898 profit in 2025.

Paid € 30,238 in corporate taxes since 2022.

Best year ever: 2024, with € 484,948 profit.

On average € 295,500 of value added per employee in 2025.

Management

The stake of BEWATT, WATT YOU WISH, OuiTransform, MILDRED comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Watt Matters

Behind Watt Matters are OuiTransform SRL, BEWATT SRL and Ismael DAOUD. The shares are held by BEWATT (48.7%), WATT YOU WISH (23.8%), OuiTransform (10%) and MILDRED (10%).

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Directors

According to the 2025 annual accounts

OuiTransform SRL

Director · represented by Régis GASPAR

Also active at: EasyPrimes, WATT MATTERS TWO

BEWATT SRL

Managing director · represented by Bruno VANDERSCHUEREN

Also active at: R-GROUP Holding, BSTOR, Alix, ESTOR-LUX, WATT MATTERS TWO, Junction Growth Partners, Estor-Lux II, BV SQUARE +2 more

Ismael DAOUD

Managing director

Also active at: WATT YOU WISH

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Londenstraat 17

1050 Elsene

2.263.676.231

Wagenstraat -

1180 Ukkel

Active since 10 April 2017

2.263.676.330

Marius Renardlaan 27

1070 Anderlecht

Active since 10 April 2017

2.272.073.065

Jean Dubrucqlaan 86

1080 Sint-Jans-Molenbeek

Active since 23 January 2018

2.272.073.263

Breydelstraat 39

1040 Brussel

Active since 23 January 2018

2.277.563.166

Adolphe Buyllaan 172

1050 Elsene

Active since 1 June 2018

2.277.563.265

Armand Huysmanslaan 87

1050 Elsene

Active since 1 April 2018

2.281.485.530

Dokter Zamenhoflaan 2

1070 Anderlecht

Active since 1 January 2019

2.281.485.629

Hamoirlaan 37 C

1180 Ukkel

Active since 1 January 2019

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

Technologies

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Hosting & Email

Email provider

Microsoft 365

Hosting

VERIXI, BE

Website info

HTTPS Ja
Languages FR, NL

Features

Webshop Blog Jobs Ads Contact page

Security

✓ HTTPS
✓ SPF
✓ DMARC

Details

Company number
0641.919.571
VAT number
BE 0641.919.571
Registered office
Londenstraat 17, 1050 Elsene
Names & denominations
Watt Matters
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
27 October 2015
Peppol
Active · Active since 12 Jun 2025
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Frequently asked questions

What does Watt Matters do?
Watt Matters is an engineering firm in Elsene. Private Limited, started on 27 October 2015, 9 establishments.
What is the address of Watt Matters?
The registered office of Watt Matters is located at Londenstraat 17, 1050 Elsene.
Is Watt Matters still active?
Yes. According to the CBE (30 September 2026) Watt Matters is active, legal situation “Normale toestand”, started on 27 October 2015.
Is Watt Matters registered on Peppol?
Yes, Watt Matters is registered on the Peppol network with ID 0208:0641919571.
What is the enterprise number of Watt Matters?
The enterprise number of Watt Matters is BE0641919571.
When was Watt Matters founded?
Watt Matters was founded on 27 October 2015.