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 60 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Nicolas WATLET from Marche-en-Famenne, company number BE0845719838, closed financial year 2025 with a result of € 45,280 after tax. For that financial year Nicolas WATLET recorded a gross margin of € 939,888 and equity of € 289,044. Compared with financial year 2024, the result moved from € 32,670 to € 45,280. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 289,044
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 45,280
▲ 39% vs 2024
Profit after tax over the fiscal year.
€ 112,297
▼ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 107,343 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
12.4
Average over the fiscal year, from the social balance sheet.
€ 731,567
▲ 23% vs 2024
€ 59,000 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.
€ 98,486
▼ 7% vs 2024
Of which on lease € 9,782.
Debts at end 2025
€ 371,872
▲ 29% vs 2024
€ 94,221 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 181,356
▲ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 34,003
▼ 37% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 2,070,225 | - | |
| Gross margin | € 521,918 | € 773,193 | € 770,193 | € 939,888 | ▲ 22% |
| Profit after taxes | € -15,191 | € 86,329 | € 32,670 | € 45,280 | ▲ 39% |
| Equity | € 252,568 | € 318,437 | € 351,107 | € 289,044 | ▼ 18% |
| Total debts | € 440,371 | € 396,464 | € 534,537 | € 735,073 | ▲ 38% |
| Cash | € 12,921 | € 118,890 | € 139,940 | € 112,297 | ▼ 20% |
| Land & buildings | € 305,809 | € 263,739 | € 282,755 | € 295,310 | ▲ 4% |
| Retained profit | € 233,968 | € 318,437 | € 351,107 | € 289,044 | ▼ 18% |
| Dividend | € 0 | € 0 | € 0 | € 107,343 | |
| Bank debt | € 258,841 | € 217,206 | € 289,068 | € 371,872 | ▲ 29% |
| Balance sheet total | € 692,939 | € 714,902 | € 885,644 | € 1,024,116 | ▲ 16% |
| Employees (FTE) | - | - | - | 12.4 |
Key figures of Nicolas WATLET, 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 Nicolas WATLET?
What happened at Nicolas WATLET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 45,280 (▲ 39% vs 2024). Source: NBB ↗
- New establishment in Marche-en-Famenne. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,192 loss in 2022 to € 45,280 profit in 2025.
Paid € 86,847 in corporate taxes since 2022.
Best year ever: 2023, with € 86,329 profit.
On average € 75,800 of value added per employee in 2025.
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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
Establishments
Establishment units
Physical locations of this company
Marche, Rue de la Centaurée 21
6900 Marche-en-Famenne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0845.719.838
- VAT number
- BE 0845.719.838
- Registered office
- Marche, Rue de la Centaurée 21, 6900 Marche-en-Famenne
- Names & denominations
- Nicolas WATLET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 May 2012
- Peppol
- Active · Active since 27 Oct 2025
- Activities · NACE
Stukadoorswerk
Installatie van isolatie
Chapewerken
Isolatiewerkzaamheden