Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 64 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WAT-EXPRESS from Waterloo, company number BE0812404197, closed financial year 2025 with a result of € -10,338 after tax. For that financial year WAT-EXPRESS recorded a gross margin of € 278,215 and equity of € 109,360. Compared with financial year 2024, the result moved from € 11,418 to € -10,338. The company made a loss. 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 January 31, 2026.
€ 109,360
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,338
▼ still € 11,418 profit in 2024
Profit after tax over the fiscal year.
€ 98,936
▲ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 34,360.
People and assets in 2025
7.9
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 245,211
▼ 10% vs 2024
€ 31,000 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.
€ 209
▼ 94% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2,767
▼ 81% vs 2024
Loans from banks and other lenders, long and short.
€ 112,037
▲ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,752
▼ 20% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 330,086 | € 312,488 | € 346,879 | € 278,215 | ▼ 20% |
| Profit after taxes | € 18,161 | € -6,147 | € 11,418 | € -10,338 | ▼ € 21,756 |
| Equity | € 114,427 | € 108,280 | € 119,698 | € 109,360 | ▼ 9% |
| Total debts | € 296,222 | € 222,171 | € 182,078 | € 192,597 | ▲ 6% |
| Cash | € 65,745 | € 48,350 | € 84,225 | € 98,936 | ▲ 17% |
| Retained profit | € 39,427 | € 33,280 | € 44,698 | € 34,360 | ▼ 23% |
| Bank debt | € 60,338 | € 44,533 | € 14,883 | € 2,767 | ▼ 81% |
| Balance sheet total | € 410,649 | € 330,450 | € 301,775 | € 301,957 | |
| Employees (FTE) | 7.8 | 0 | 7.3 | 7.9 | ▲ 0.6 |
Key figures of WAT-EXPRESS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to WAT-EXPRESS?
What happened at WAT-EXPRESS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10,338 (▼ € 21,756 vs 2024). filed late Source: NBB ↗
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,161 profit in 2022 to € 10,338 loss in 2025.
Paid € 10,453 in corporate taxes since 2022.
Best year ever: 2022, with € 18,161 profit.
On average € 35,200 of value added per employee in 2025.
A new publication or filing at WAT-EXPRESS? We notify you, reason included.
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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 WAT-EXPRESS is Luc De Backer. Luc De Backer is also behind L.D.B.M..
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Chaussée de Bruxelles 63
1410 Waterloo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Details
- Company number
- 0812.404.197
- VAT number
- BE 0812.404.197
- Registered office
- Chaussée de Bruxelles 63, 1410 Waterloo
- Names & denominations
- WAT-EXPRESS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 2009
- Peppol
- Active · Active since 20 Dec 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)