Financials
Financial year 2024
WATTEZ TIM from Zottegem, company number BE0683738845, closed financial year 2024 with a result of € 21,432 after tax. For that financial year WATTEZ TIM recorded a gross margin of € 132,214 and equity of € 102,921. Compared with financial year 2023, the result moved from € -33,026 to € 21,432. Profitable, and profit is growing. 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 30, 2025.
€ 102,921
▲ 26% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,432
▲ still € 33,026 loss in 2023
Profit after tax over the fiscal year.
€ 10,697
▲ 118% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 92,921.
People and assets in 2024
€ 10,832
▲ € 8,516 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1.2 million
▲ 3% vs 2023
€ 52,794 is repaid this year. At this pace the long-term loan is gone in ≈ 22 years.
€ 4,277
▲ 28% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 8,335
▲ € 6,573 vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 71,352 | € 17,987 | € 13,037 | € 132,214 | ▲ € 119,177 |
| Profit after taxes | € 32,959 | € -6,164 | € -33,026 | € 21,432 | ▲ € 54,458 |
| Equity | € 120,679 | € 114,515 | € 81,489 | € 102,921 | ▲ 26% |
| Total debts | € 45,514 | € 25,325 | € 1,153,957 | € 1,198,630 | ▲ 4% |
| Cash | € 86,276 | € 90,961 | € 4,903 | € 10,697 | ▲ 118% |
| Land & buildings | € 5,789 | € 3,984 | € 999,877 | € 1,011,980 | ▲ 1% |
| Retained profit | € 110,679 | € 104,515 | € 71,489 | € 92,921 | ▲ 30% |
| Dividend | € 6,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 20,113 | € 8,009 | € 1,148,864 | € 1,186,018 | ▲ 3% |
| Balance sheet total | € 166,193 | € 139,840 | € 1,235,446 | € 1,301,551 | ▲ 5% |
Key figures of WATTEZ TIM, 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 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 2024: profit of € 21,432. filed late Source: NBB ↗
- New establishment in Zottegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,959 profit in 2021 to € 21,432 profit in 2024.
Paid € 18,434 in corporate taxes since 2021.
Best year ever: 2021, with € 32,959 profit.
Paid out € 6,000 in dividends to the owners in total.
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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 WATTEZ TIM are Tim Wattez and Heleen Mathys.
Directors
According to the 2024 annual accounts
Tim Wattez
Manager
Heleen Mathys
Associate
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