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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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
68 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Mr. Watts from Kontich, company number BE0798957623, closed financial year 2025 with a result of € 34,292 after tax. For that financial year Mr. Watts recorded revenue of € 916,145 and equity of € -395,603. Compared with financial year 2024, the result moved from € -491,895 to € 34,292. Profitable, and profit is growing. 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 August 24, 2026.
€ -395,603
▲ € 34,292 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 34,292
▲ still € 491,895 loss in 2024
Profit after tax over the fiscal year.
€ 6,282
▲ 1% 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 € -457,603.
People and assets in 2025
4.1
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 287,098
▼ 40% vs 2024
€ 70,000 per full-time equivalent. 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
None
No bank loans on the last day of the fiscal year.
€ 57,744
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 80,083
▲ 169% vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Revenue | € 1,063,351 | € 916,145 | ▼ 14% |
| Gross margin | € 92,557 | € 384,299 | ▲ € 291,742 |
| Profit after taxes | € -491,895 | € 34,292 | ▲ € 526,187 |
| Equity | € -429,895 | € -395,603 | ▲ € 34,292 |
| Total debts | € 638,626 | € 744,560 | ▲ 17% |
| Cash | € 6,195 | € 6,282 | ▲ 1% |
| Retained profit | € -491,895 | € -457,603 | ▲ € 34,292 |
| Balance sheet total | € 208,730 | € 349,070 | ▲ 67% |
| Employees (FTE) | 3.9 | 4.1 | ▲ 0.2 |
Key figures of Mr. Watts, fiscal years 2024 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 Mr. Watts?
What happened at Mr. Watts in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- De Cronos Groep NV stepped down as director. NBB
- Josephus de Wit stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 34,292. filed late Source: NBB ↗
- Bluu NV stepped down as director. NBB
- New establishment in Kontich. KBO
- Bluu NV became a director. NBB
- De Cronos Groep NV became a director. NBB
- Josephus de Wit became a director. NBB
In short
From € 491,895 loss in 2024 to € 34,292 profit in 2025.
Paid € 1,906 in corporate taxes since 2024.
Best year ever: 2025, with € 34,292 profit.
On average € 93,700 of value added per employee in 2025.
Management
The shares are held by Bluu NV (100%).
Directors
According to the 2025 annual accounts
Director · represented by Luk Denayer
Also active at: Ways2Work, RMDY CREATIVE, The Flow, Nimbuz, Nubiter, Rigel Solutions, iLean Agile, Thola +3 more
since 2023 · until 2025
Director · represented by Dirk Deroost
Owns 95% via Bluu NV
Also active at: RESIDENCE LES ONDES, FOCUS ADVERTISING, Cronos, EECKHOUT JAN, VENTIGRATE, CRONOS PUBLIC SERVICES, Customer Link, Obycron +433 more
since 2023 · until 2029
Josephus de Wit
Director
since 2023 · until 2029
Shareholders
Bluu NV · holding of De Cronos Groep NV
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Veldkant 33 box A
2550 Kontich
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 68 companies are registered at this address.
All companies at this address →RESIDENCE LES ONDES same network
€ 135,611 revenue · 2025
VENTIGRATE same network
€ 3.1 million revenue · 2025
CRONOS PUBLIC SERVICES same network
€ 293.8 million revenue · 2025
Obycron same network
€ 14,675 revenue · 2025
De Cronos Groep same network
€ 35.7 million revenue · 2025
+63 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0798.957.623
- VAT number
- BE 0798.957.623
- Registered office
- Veldkant 33 bus A, 2550 Kontich
- Names & denominations
- Mr. Watts
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 February 2023
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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