Financials
Financial year 2025
WATTEZ TIM from Zottegem, company number BE0683738845, closed financial year 2025 with a result of € 20,670 after tax. For that financial year WATTEZ TIM recorded a gross margin of € 153,307 and equity of € 123,592. Compared with financial year 2024, the result moved from € 21,432 to € 20,670. The company is profitable. 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 September 29, 2026.
€ 123,592
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,670
▼ 4% vs 2024
Profit after tax over the fiscal year.
€ 17,234
▲ 61% 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 € 113,592.
People and assets in 2025
€ 7,564
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▼ 4% vs 2024
€ 58,361 is repaid this year. At this pace the long-term loan is gone in ≈ 20 years.
€ 24,748
▲ € 20,471 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,887
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 17,987 | € 13,037 | € 132,214 | € 153,307 | ▲ 16% |
| Profit after taxes | € -6,164 | € -33,026 | € 21,432 | € 20,670 | ▼ 4% |
| Equity | € 114,515 | € 81,489 | € 102,921 | € 123,592 | ▲ 20% |
| Total debts | € 25,325 | € 1,153,957 | € 1,198,630 | € 1,175,111 | ▼ 2% |
| Cash | € 90,961 | € 4,903 | € 10,697 | € 17,234 | ▲ 61% |
| Land & buildings | € 3,984 | € 999,877 | € 1,011,980 | € 1,011,115 | |
| Retained profit | € 104,515 | € 71,489 | € 92,921 | € 113,592 | ▲ 22% |
| Bank debt | € 8,009 | € 1,148,864 | € 1,186,018 | € 1,143,476 | ▼ 4% |
| Balance sheet total | € 139,840 | € 1,235,446 | € 1,301,551 | € 1,298,703 |
Key figures of WATTEZ TIM, 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 WATTEZ TIM?
What happened at WATTEZ TIM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,670 (▼ 4% vs 2024). filed late Source: NBB ↗
- New establishment in Zottegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,164 loss in 2022 to € 20,670 profit in 2025.
Paid € 5,304 in corporate taxes since 2022.
Best year ever: 2024, with € 21,432 profit.
Management
Behind WATTEZ TIM is Tim Wattez.
Directors
According to the 2025 annual accounts
Tim Wattez
Manager
Establishments
Establishment units
Physical locations of this company
Langestraat 92
9620 Zottegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0683.738.845
- VAT number
- BE 0683.738.845
- Registered office
- Langestraat 92, 9620 Zottegem
- Names & denominations
- WATTEZ TIM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 October 2017
- Peppol
- Active · Active since 10 Jan 2026