Financials
Financial year 2025
WATTWORKS from Beernem, company number BE0769961056, closed financial year 2025 with a result of € 16,207 after tax. For that financial year WATTWORKS recorded a gross margin of € 52,744 and equity of € 231,574. Compared with financial year 2024, the result moved from € 47,050 to € 16,207. 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 July 13, 2026.
€ 231,574
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,207
▼ 66% vs 2024
Profit after tax over the fiscal year.
€ 9,271
▲ 92% 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 € 221,574.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 27,273
▼ 42% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 32,667
▼ 40% vs 2024
€ 22,425 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 8,306
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,397
▲ 23% 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 | € 152,069 | € 117,270 | € 98,026 | € 52,744 | ▼ 46% |
| Profit after taxes | € 93,279 | € 65,038 | € 47,050 | € 16,207 | ▼ 66% |
| Equity | € 103,279 | € 168,317 | € 215,367 | € 231,574 | ▲ 8% |
| Total debts | € 373,873 | € 167,320 | € 94,205 | € 72,370 | ▼ 23% |
| Cash | € 62,643 | € 35,407 | € 4,834 | € 9,271 | ▲ 92% |
| Retained profit | € 93,279 | € 158,317 | € 205,367 | € 221,574 | ▲ 8% |
| Bank debt | € 113,522 | € 106,193 | € 54,816 | € 32,667 | ▼ 40% |
| Balance sheet total | € 477,152 | € 335,637 | € 309,572 | € 303,944 | ▼ 2% |
By gross margin, WATTWORKS ranks 16th of 26 companies with main activity “Algemene elektrotechnische installatiewerken” in Beernem that publish figures (fiscal year 2025).
Key figures of WATTWORKS, 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 WATTWORKS 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 WATTWORKS?
What happened at WATTWORKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,207 (▼ 66% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Beernem. KBO
- Sven Keerman became a director. NBB
In short
From € 93,279 profit in 2022 to € 16,207 profit in 2025.
Paid € 91,481 in corporate taxes since 2022.
Best year ever: 2022, with € 93,279 profit.
Management
Behind WATTWORKS is Sven Keerman.
Directors
According to the 2025 annual accounts
Sven Keerman
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Zandberg 12
8730 Beernem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Beernem
Same main activity (Algemene elektrotechnische installatiewerken), 33 active companies in Beernem, largest first.
€ 32.1 million revenue · 2025
€ 13.9 million revenue · 2025
€ 2.4 million gross margin · 2026
€ 2.3 million gross margin · 2025
€ 1.1 million gross margin · 2025
€ 600,778 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 ↗- KEERMAN Sven Gaston Cecile(oprichter) 100%
Details
- Company number
- 0769.961.056
- VAT number
- BE 0769.961.056
- Registered office
- Zandberg 12, 8730 Beernem
- Names & denominations
- WATTWORKS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 June 2021
- Peppol
- Active · Active since 30 Oct 2023
- Activities · NACE
Algemene elektrotechnische installatiewerken
Metselwerk
Installatie van isolatie
Overige reiniging van gebouwen; industriële reiniging
Uitvoeren van metsel- en voegwerken
Isolatiewerkzaamheden
Gevelreiniging