Financials
Financial year 2025
BWAT from Merchtem, company number BE0765301591, closed financial year 2025 with a result of € 289,171 after tax. For that financial year BWAT recorded a gross margin of € 385,245 and equity of € 729,000. Compared with financial year 2024, the result moved from € 233,091 to € 289,171. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2026.
€ 729,000
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 289,171
▲ 24% vs 2024
Profit after tax over the fiscal year.
€ 124,302
▲ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 368,525 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 87,664
▲ € 78,324 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.
€ 554
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 302,894 | € 351,136 | € 408,949 | € 385,245 | ▼ 6% |
| Profit after taxes | € 232,860 | € 185,877 | € 233,091 | € 289,171 | ▲ 24% |
| Equity | € 389,386 | € 575,263 | € 808,354 | € 729,000 | ▼ 10% |
| Total debts | € 100,521 | € 85,722 | € 26,659 | € 369,079 | ▲ € 342,419 |
| Cash | € 375,207 | € 622,880 | € 117,348 | € 124,302 | ▲ 6% |
| Retained profit | € 389,386 | € 575,263 | € 808,354 | € 729,000 | ▼ 10% |
| Dividend | € 0 | € 0 | € 0 | € 368,525 | |
| Balance sheet total | € 489,907 | € 660,985 | € 835,013 | € 1,098,079 | ▲ 32% |
Key figures of BWAT, 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 BWAT?
What happened at BWAT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 289,171 (▲ 24% vs 2024). filed late Source: NBB ↗
- New establishment in Merchtem. KBO
- Start of the company according to the CBE. KBO
In short
From € 232,860 profit in 2022 to € 289,171 profit in 2025.
Paid € 446,909 in corporate taxes since 2022.
Best year ever: 2025, with € 289,171 profit.
Paid out € 368,525 in dividends to the owners in total.
Management
Behind BWAT is BART WATTEEUW. BART WATTEEUW is also behind NSI IT Software & Services and Dexmach.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Heidestraat 21 box a
1785 Merchtem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0765.301.591
- VAT number
- BE 0765.301.591
- Registered office
- Heidestraat 21 bus a, 1785 Merchtem
- Names & denominations
- BWAT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 March 2021
- Peppol
- Active · Active since 23 Dec 2025
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