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.
-
Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
WATTIEZ MOTORS from Frameries, company number BE0895267042, closed financial year 2024 with a result of € -49,148 after tax. For that financial year WATTIEZ MOTORS recorded a gross margin of € -29,535 and equity of € -102,820. Compared with financial year 2023, the result moved from € 12,347 to € -49,148. The company made a loss. 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 October 13, 2025.
€ -102,820
▼ € 49,147 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -49,148
▼ still € 12,347 profit in 2023
Profit after tax over the fiscal year.
€ 12
▼ € 11,846 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -122,820.
People and assets in 2024
€ 377
▼ 99% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 411
▼ 92% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 49,640
Loans from banks and other lenders, long and short.
€ 66,098
▲ € 49,697 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 20,757
▼ 35% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 98,445 | € 23,602 | € 56,156 | € -29,535 | ▼ € 85,691 |
| Profit after taxes | € 11,527 | € -28,974 | € 12,347 | € -49,148 | ▼ € 61,495 |
| Equity | € -37,046 | € -66,020 | € -53,673 | € -102,820 | ▼ € 49,147 |
| Total debts | € 281,582 | € 254,692 | € 256,358 | € 257,835 | ▲ 1% |
| Cash | € 21 | € 90 | € 11,858 | € 12 | ▼ € 11,846 |
| Retained profit | € -57,046 | € -86,020 | € -73,673 | € -122,820 | ▼ € 49,147 |
| Bank debt | € 63,515 | € 51,053 | € 49,829 | € 49,640 | |
| Balance sheet total | € 244,536 | € 188,672 | € 202,685 | € 155,015 | ▼ 24% |
| Employees (FTE) | 1.5 | - | - | - |
Key figures of WATTIEZ MOTORS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to WATTIEZ MOTORS?
What happened at WATTIEZ MOTORS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 49,148 (▼ € 61,495 vs 2023). filed late Source: NBB ↗
- New establishment in Frameries. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,527 profit in 2021 to € 49,148 loss in 2024.
Best year ever: 2023, with € 12,347 profit.
On average € 65,600 of value added per employee in 2021.
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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
Rue des Saules 91/1
7080 Frameries
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0895.267.042
- VAT number
- BE 0895.267.042
- Registered office
- Rue des Saules 91/1, 7080 Frameries
- Names & denominations
- WATTIEZ MOTORS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 2008
- Peppol
- Active · Active since 11 Apr 2026
- Activities · NACE
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Carrosserieherstelling (inclusief spuiten en verven)
Groothandel in andere motorvoertuigen (> 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in andere motorvoertuigen (> 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
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