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 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Watthana Mahasan from Tervuren, company number BE0719768110, closed financial year 2025 with a result of € -5,451 after tax. For that financial year Watthana Mahasan recorded a gross margin of € 703,943 and equity of € 107,419. Compared with financial year 2024, the result moved from € 113 to € -5,451. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 107,419
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,451
▼ still € 113 profit in 2024
Profit after tax over the fiscal year.
€ 96,168
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 101,219.
People and assets in 2025
€ 643,660
▼ 12% 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.
Debts at end 2025
€ 119,893
▼ 35% vs 2024
€ 40,975 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 182,327
▲ 190% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,875
▼ 73% 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 | € 478,957 | € 567,285 | € 791,934 | € 703,943 | ▼ 11% |
| Profit after taxes | € 74,383 | € 8,856 | € 113 | € -5,451 | ▼ € 5,564 |
| Equity | € 103,901 | € 112,757 | € 112,870 | € 107,419 | ▼ 5% |
| Total debts | € 292,238 | € 383,323 | € 384,138 | € 343,068 | ▼ 11% |
| Cash | € 88,442 | € 49,381 | € 96,684 | € 96,168 | ▼ 1% |
| Land & buildings | € 188,486 | € 339,065 | € 294,550 | € 250,035 | ▼ 15% |
| Retained profit | € 97,701 | € 106,557 | € 106,670 | € 101,219 | ▼ 5% |
| Bank debt | € 137,980 | € 208,599 | € 183,769 | € 119,893 | ▼ 35% |
| Balance sheet total | € 396,139 | € 496,080 | € 497,008 | € 450,488 | ▼ 9% |
| Employees (FTE) | - | - | 13.5 | - |
By gross margin, Watthana Mahasan ranks 1st of 4 companies with main activity “Activiteiten van kuuroorden, sauna’s en stoombaden” in Tervuren that publish figures (fiscal year 2025).
Key figures of Watthana Mahasan, 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.
Ask about Watthana Mahasan the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to Watthana Mahasan?
What happened at Watthana Mahasan in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,451 (▼ € 5,564 vs 2024). filed late Source: NBB ↗
- New establishment in Elsene. KBO
- New establishment in Brussel. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Brussel. KBO
- New establishment in Tervuren. KBO
In short
From € 74,383 profit in 2022 to € 5,451 loss in 2025.
Paid € 31,214 in corporate taxes since 2022.
Best year ever: 2022, with € 74,383 profit.
On average € 58,700 of value added per employee in 2024.
Establishments
Establishment units
Physical locations of this company
Leuvensesteenweg 88
3080 Tervuren
Trierstraat 122
1000 Brussel
Active since 12 October 2019
Jacques de Lalaingstraat 20a
1040 Brussel
Active since 4 February 2019
Trierstraat 42
1050 Elsene
Active since 1 January 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Tervuren
Same main activity (Activiteiten van kuuroorden, sauna’s en stoombaden), 3 active companies in Tervuren, largest first.
€ 13,624 gross margin · 2025
€ -4,161 gross margin · 2025
€ -6,857 gross margin · 2025
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- LANGSBERG Watthana(oprichter) 90%
- LANGSBERG Olivier(oprichter) 10%
Details
- Company number
- 0719.768.110
- VAT number
- BE 0719.768.110
- Registered office
- Leuvensesteenweg 88, 3080 Tervuren
- Names & denominations
- Watthana Mahasan
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 February 2019
- Peppol
- Active · Active since 21 Oct 2025
- Activities · NACE
Activiteiten van kuuroorden, sauna’s en stoombaden
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Sauna's, solaria, baden enz.
Eetgelegenheden met beperkte bediening