Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BWATT from Antwerpen, company number BE0776576555, closed financial year 2025 with a result of € -2,806 after tax. For that financial year BWATT recorded a gross margin of € 8,492 and equity of € -15,807. Compared with financial year 2024, the result moved from € -21,606 to € -2,806. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ -15,807
▼ € 2,806 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,806
▲ 87 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3,812
▼ 72% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -20,807.
People and assets in 2025
€ 14,433
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 15,409
▼ 26% vs 2024
€ 5,590 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2,314
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,667
▲ 120% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 25,672 | € -8,916 | € -13,990 | € 8,492 | ▲ € 22,482 |
| Profit after taxes | € 18,772 | € -15,168 | € -21,606 | € -2,806 | ▲ € 18,800 |
| Equity | € 23,772 | € 8,605 | € -13,001 | € -15,807 | ▼ € 2,806 |
| Total debts | € 10,681 | € 54,125 | € 58,506 | € 36,671 | ▼ 37% |
| Cash | € 16,885 | € 5,123 | € 13,548 | € 3,812 | ▼ 72% |
| Retained profit | € 18,772 | € 3,605 | € -18,001 | € -20,807 | ▼ € 2,806 |
| Bank debt | € 0 | € 25,953 | € 20,784 | € 15,409 | ▼ 26% |
| Balance sheet total | € 34,453 | € 62,730 | € 45,505 | € 20,864 | ▼ 54% |
Key figures of BWATT, 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 BWATT?
What happened at BWATT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,806. Source: NBB ↗
- New establishment in Antwerpen. KBO
- Wim Adriaenssens became a director. NBB
- Martine Truyts became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 18,772 profit in 2022 to € 2,806 loss in 2025.
Paid € 4,785 in corporate taxes since 2022.
Best year ever: 2022, with € 18,772 profit.
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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 BWATT are Wim Adriaenssens and Martine Truyts.
Directors
According to the 2025 annual accounts
Wim Adriaenssens
Bestuurder
since 2021
Martine Truyts
Bestuurder
since 2021
Establishments
Establishment units
Physical locations of this company
Koolstraat 19
2140 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0776.576.555
- VAT number
- BE 0776.576.555
- Registered office
- Koolstraat 19, 2140 Antwerpen
- Names & denominations
- BWATT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 October 2021
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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