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 4 of the last 4 fiscal years.
Financials
Financial year 2025
WATTSOL from Herstal, company number BE0874906049, closed financial year 2025 with a result of € 153,248 after tax. For that financial year WATTSOL recorded a gross margin of € 154,239 and equity of € -9,037. Compared with financial year 2024, the result moved from € 56,798 to € 153,248. 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 April 1, 2026.
€ -9,037
▲ € 153,248 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 153,248
▲ 170% vs 2024
Profit after tax over the fiscal year.
€ 23,088
▲ € 23,082 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 € -80,237.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 92,240
▼ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,883
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 | € 71,255 | € 129,984 | € 59,723 | € 154,239 | ▲ 158% |
| Profit after taxes | € 70,563 | € 163,171 | € 56,798 | € 153,248 | ▲ 170% |
| Equity | € -382,254 | € -219,083 | € -162,285 | € -9,037 | ▲ € 153,248 |
| Total debts | € 396,170 | € 261,688 | € 222,468 | € 114,805 | ▼ 48% |
| Cash | € 0 | € 366 | € 6 | € 23,088 | ▲ € 23,082 |
| Retained profit | € -453,454 | € -290,283 | € -233,485 | € -80,237 | ▲ € 153,248 |
| Balance sheet total | € 13,916 | € 42,604 | € 60,183 | € 105,768 | ▲ 76% |
Key figures of WATTSOL, 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 April 2027.
What happened to WATTSOL?
What happened at WATTSOL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- FRANCOIS PIRON stepped down as director. NBB
- FREDDY PIRON stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 153,248 (▲ 170% vs 2024). Source: NBB ↗
- FRANCOIS PIRON became a director. NBB
- FREDDY PIRON became a director. NBB
- New establishment in Herstal. KBO
- Start of the company according to the CBE. KBO
In short
From € 70,563 profit in 2022 to € 153,248 profit in 2025.
Best year ever: 2023, with € 163,171 profit.
A new publication or filing at WATTSOL? 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
Directors
According to the 2025 annual accounts
since 2024 · until 2030
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Parc Ind. des Hauts Sarts, 1e av 22/40
4040 Herstal
Rue de l'Abbaye 5
4040 Herstal
Active since 2 May 2006
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0874.906.049
- VAT number
- BE 0874.906.049
- Registered office
- Parc Ind. des Hauts Sarts, 1e av 22/40, 4040 Herstal
- Names & denominations
- WATTSOL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 July 2005
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken