Financials
Financial year 2025
DELWAT from Ath, company number BE0886399559, closed financial year 2025 with a result of € 178,373 after tax. For that financial year DELWAT recorded a gross margin of € 199,201 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 216,273 to € 178,373. The company is profitable. 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 February 3, 2026.
€ 1.4 million
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 178,373
▼ 18% vs 2024
Profit after tax over the fiscal year.
€ 84,164
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 351,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 1,111
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 121
▼ 84% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,215
Supplier invoices still open on the last day of the fiscal year.
€ 16,005
▼ 64% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 187,916 | € 188,711 | € 210,335 | € 199,201 | ▼ 5% |
| Profit after taxes | € 75,221 | € 236,370 | € 216,273 | € 178,373 | ▼ 18% |
| Equity | € 1,301,922 | € 1,538,293 | € 1,554,566 | € 1,381,939 | ▼ 11% |
| Total debts | € 64,860 | € 69,687 | € 53,246 | € 66,844 | ▲ 26% |
| Cash | € 134,217 | € 100,088 | € 85,451 | € 84,164 | ▼ 2% |
| Land & buildings | € 541,563 | € 520,119 | € 489,782 | € 499,013 | ▲ 2% |
| Retained profit | € 1,208,339 | € 1,444,710 | € 1,460,983 | € 1,288,356 | ▼ 12% |
| Dividend | € 408,000 | € 0 | € 0 | € 351,000 | |
| Bank debt | € 8,333 | € 8,333 | € 0 | € 0 | |
| Balance sheet total | € 1,366,782 | € 1,607,979 | € 1,607,812 | € 1,448,783 | ▼ 10% |
Key figures of DELWAT, 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 DELWAT?
What happened at DELWAT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 178,373 (▼ 18% vs 2024). filed late Source: NBB ↗
- New establishment in Ath. KBO
- Start of the company according to the CBE. KBO
In short
From € 75,221 profit in 2022 to € 178,373 profit in 2025.
Paid € 194,850 in corporate taxes since 2022.
Best year ever: 2023, with € 236,370 profit.
Paid out € 759,000 in dividends to the owners in total.
Management
Behind DELWAT are Johnny Delitte, Fabienne Watiau and Dylan Delitte. Johnny Delitte is also behind FLORAGRI.
Directors
According to the 2025 annual accounts
Fabienne Watiau
Managing director
Dylan Delitte
Director
Establishments
Establishment units
Physical locations of this company
Chemin du Vieux Ath 38
7800 Ath
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0886.399.559
- VAT number
- BE 0886.399.559
- Registered office
- Chemin du Vieux Ath 38, 7800 Ath
- Names & denominations
- DELWAT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 2006
- Peppol
- Active · Active since 12 Dec 2025
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