Financials
Financial year 2025
Watteman from Gent, company number BE0697748615, closed financial year 2025 with a result of € 3,498 after tax. For that financial year Watteman recorded a gross margin of € 13,250 and equity of € 47,789. Compared with financial year 2024, the result moved from € 6,719 to € 3,498. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 47,789
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,498
▼ 48% vs 2024
Profit after tax over the fiscal year.
€ 42,175
▼ 27% 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 € 32,789.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 7,238
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 722
▼ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,567
▼ 24% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 38,160 | € 7,659 | € 17,932 | € 13,250 | ▼ 26% |
| Profit after taxes | € 24,638 | € 1,865 | € 6,719 | € 3,498 | ▼ 48% |
| Equity | € 59,503 | € 61,368 | € 44,291 | € 47,789 | ▲ 8% |
| Total debts | € 26,860 | € 7,912 | € 29,345 | € 6,116 | ▼ 79% |
| Cash | € 76,778 | € 51,779 | € 57,871 | € 42,175 | ▼ 27% |
| Retained profit | € 44,503 | € 46,368 | € 29,291 | € 32,789 | ▲ 12% |
| Dividend | € 61,594 | € 0 | € 23,796 | € 0 | ▼ 100% |
| Balance sheet total | € 86,363 | € 69,280 | € 73,636 | € 53,905 | ▼ 27% |
Key figures of Watteman, 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 Watteman?
What happened at Watteman in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,498 (▼ 48% vs 2024). Source: NBB ↗
- Bram Vandemeulebroucke became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,638 profit in 2022 to € 3,498 profit in 2025.
Paid € 13,882 in corporate taxes since 2022.
Best year ever: 2022, with € 24,638 profit.
Paid out € 85,390 in dividends to the owners in total.
Management
Behind Watteman is Bram Vandemeulebroucke.
Directors
According to the 2025 annual accounts
Bram Vandemeulebroucke
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Boomstraat 63
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0697.748.615
- VAT number
- BE 0697.748.615
- Registered office
- Boomstraat 63, 9000 Gent
- Names & denominations
- Watteman
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 June 2018
- Peppol
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