WATEC
0439.274.891 · rovalta.com · 23/09/2026
ACTIVE
WATEC
Financial year 2025 · closed on 31/12/2025
Net result
2,7 k €
+184.5% YoY
Gross margin
4,9 k €
+496.9% YoY
Equity
6,5 k €
+69.9% YoY
Overview
What does WATEC do?
WATEC is a Cooperative company with limited liability incorporated in 1990. Its main activity is: Wholesale of wood, construction materials and sanitary equipment. Its registered office is in Couvin.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0439.274.891
Incorporation
02/01/1990
Legal form
Cooperative company with limited liability
Registered office
Rue de la Suédoise 20
5660 Couvin · WallonieSee on map
5660 Couvin · WallonieSee on map
Contributed capital
27 268,29 €
Latest accounts
31/12/2025
Activities (NACE)
46731Wholesale of wood, construction materials and sanitary equipment· main46831Wholesale trade, except of motor vehicles and motorcycles51532Air transport28990Manufacture of other special-purpose machinery n.e.c.28990Manufacture of other special-purpose machinery n.e.c.29564Manufacture of motor vehicles, trailers and semi-trailers+3
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 4,9 k € | +497% | -1,2 k € | -142% | -511,5 € | -101% | 57,5 k € | +1723% | 3,2 k € | +1396% | -243,5 € | +98.5% | -16,6 k € | -228% | 13 k € | +79.0% | 7,2 k € | -83.2% | 43,1 k € | +68.9% | 25,5 k € | -57.9% | 60,7 k € | +134% | 26 k € | +151% | -51,4 k € | -164% | 80,2 k € | +266% | 21,9 k € | -20.3% | 27,5 k € | -31.8% | 40,3 k € | -10.2% | 44,9 k € | -13.8% | 52,1 k € |
| EBITDA | 4,1 k € | +390% | -1,4 k € | -114% | -660,3 € | -101% | 57,2 k € | +2379% | 2,3 k € | +355% | -904 € | +95.4% | -19,8 k € | -333% | 8,5 k € | +169% | 3,2 k € | -92.5% | 41,8 k € | +66.9% | 25,1 k € | -46.0% | 46,4 k € | +1663% | -3 k € | +95.9% | -72,1 k € | -200% | 72,1 k € | +260% | 20 k € | -12.2% | 22,8 k € | -31.7% | 33,4 k € | +1069% | 2,9 k € | -87.3% | 22,5 k € |
| Operating result | 3,5 k € | +255% | -2,2 k € | +8.9% | -2,4 k € | -105% | 50,7 k € | +1173% | -4,7 k € | +45.5% | -8,7 k € | +68.7% | -27,7 k € | -593% | 5,6 k € | +2503% | 215,6 € | -99.4% | 38,6 k € | +80.2% | 21,4 k € | -38.6% | 34,9 k € | +335% | -14,9 k € | +81.7% | -81,3 k € | -235% | 60 k € | +2954% | 2 k € | -74.9% | 7,8 k € | -65.3% | 22,6 k € | +397% | -7,6 k € | -155% | 13,9 k € |
| Net result | 2,7 k € | +185% | -3,2 k € | +11.5% | -3,6 k € | -107% | 49,4 k € | +830% | -6,8 k € | -30.5% | -5,2 k € | +83.2% | -30,9 k € | -5999% | 523,6 € | +142% | -1,3 k € | -103% | 36,4 k € | +483% | -9,5 k € | -137% | 25,6 k € | +219% | -21,5 k € | +76.1% | -90,1 k € | -343% | 37,1 k € | +4509% | 805 € | -85.2% | 5,4 k € | -68.7% | 17,3 k € | +284% | -9,4 k € | -175% | 12,5 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 6,5 k € | +69.9% | 3,8 k € | -45.3% | 7 k € | -33.8% | 10,6 k € | +127% | -38,8 k € | -203% | -12,8 k € | -68.0% | -7,6 k € | -133% | 23,3 k € | +2.3% | 22,7 k € | -5.2% | 24 k € | +294% | -12,4 k € | -327% | -2,9 k € | +89.8% | -28,5 k € | -311% | -6,9 k € | -108% | 83,1 k € | +80.6% | 46 k € | +1.8% | 45,2 k € | +13.6% | 39,8 k € | +77.1% | 22,5 k € | -29.5% | 31,9 k € |
| Total assets | 33,4 k € | +23.0% | 27,2 k € | -16.4% | 32,5 k € | -4.0% | 33,9 k € | +80.6% | 18,8 k € | -63.0% | 50,7 k € | -22.6% | 65,4 k € | +2.6% | 63,8 k € | +10.6% | 57,7 k € | -33.2% | 86,3 k € | +22.0% | 70,8 k € | -63.2% | 192,1 k € | -8.8% | 210,7 k € | -10.2% | 234,6 k € | -9.6% | 259,4 k € | +9.2% | 237,5 k € | +91.6% | 123,9 k € | +6.9% | 116 k € | +14.6% | 101,2 k € | +28.0% | 79,1 k € |
| Cash | 3,7 € | -54.7% | 8,1 € | -97.5% | 326,3 € | +151% | 130,1 € | -94.1% | 2,2 k € | +126776% | 1,7 € | -91.0% | 19,3 € | -98.1% | 1 k € | -11.1% | 1,1 k € | +102% | 558,2 € | -64.0% | 1,6 k € | -68.0% | 4,9 k € | +120% | 2,2 k € | -81.8% | 12,1 k € | -69.5% | 39,7 k € | +227% | 12,1 k € | -34.0% | 18,4 k € | +9.7% | 16,8 k € | +0.4% | 16,7 k € | -24.8% | 22,2 k € |
| Debts | 26,1 k € | +13.8% | 22,9 k € | -8.6% | 25,1 k € | +7.9% | 23,3 k € | -59.3% | 57,1 k € | -8.6% | 62,5 k € | -14.3% | 72,9 k € | +81.7% | 40,1 k € | +14.9% | 34,9 k € | -44.0% | 62,4 k € | -25.0% | 83,1 k € | -57.4% | 195 k € | -18.5% | 239,2 k € | -1.0% | 241,5 k € | +37.0% | 176,3 k € | -7.9% | 191,5 k € | +143% | 78,7 k € | +3.3% | 76,2 k € | -3.2% | 78,7 k € | +66.7% | 47,2 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | – | – | 1,0 ETP | – | – | – | – | – | 1,0 ETP | 0.0% | 1,0 ETP | ||||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 2 ended
Active mandates
Jean-Christophe LURKIN
ActiveEnded mandates
Jean-Christophe LURQUIN
EndedYvon GITS
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 26/06/2026 | 28/08/2025 | 21/03/2025 | 04/07/2023 | 31/08/2022 | 31/08/2021 |
| General meeting | 31/05/2026 | 25/05/2025 | 31/05/2024 | 31/05/2023 | 31/05/2022 | 31/05/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
21 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 31/05/2026 | 26/06/2026 | French | |
| Micro model | 31/12/2024 | 25/05/2025 | 28/08/2025 | French | |
| Micro model | 31/12/2023 | 31/05/2024 | 21/03/2025 | French | |
| Micro model | 31/12/2022 | 31/05/2023 | 04/07/2023 | French | |
| Micro model | 31/12/2021 | 31/05/2022 | 31/08/2022 | French | |
| Micro model | 31/12/2020 | 31/05/2021 | 31/08/2021 | French | |
| Micro model | 31/12/2019 | 31/05/2020 | 17/09/2020 | French | |
| Micro modelCorrection | 31/12/2018 | 31/05/2019 | 09/10/2019 | French | |
| Micro model | 31/12/2018 | 31/05/2019 | 30/08/2019 | French | |
| Abridged model | 31/12/2017 | 31/05/2018 | 11/09/2018 | French | |
| Abridged model | 31/12/2016 | 31/05/2017 | 31/08/2017 | French | |
| Abridged model | 31/12/2015 | 31/05/2016 | 23/08/2016 | French | |
| Abridged model | 31/12/2014 | 30/05/2015 | 17/08/2015 | French | |
| Abridged model | 31/12/2013 | 31/05/2014 | 31/07/2014 | French | |
| Abridged model | 31/12/2012 | 31/05/2013 | 01/08/2013 | French | |
| Abridged model | 31/12/2011 | 31/05/2012 | 25/07/2012 | French | |
| Abridged model | 31/12/2010 | 31/05/2011 | 29/07/2011 | French | |
| Abridged model | 31/12/2009 | 31/05/2010 | 29/07/2010 | French | |
| Abridged model | 31/12/2008 | 29/05/2009 | 29/07/2009 | French | |
| Abridged model | 31/12/2007 | 31/05/2008 | 30/07/2008 | French | |
| Abridged model | 31/12/2006 | 31/05/2007 | 23/07/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 k€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 2 ended
Active mandates
Jean-Christophe LURKIN
ActiveEnded mandates
Jean-Christophe LURQUIN
EndedYvon GITS
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20252,7 k €↑
- 2024Annual accounts 2024-3,2 k €↑
- 2023Annual accounts 2023-3,6 k €↓
- 2022Annual accounts 202249,4 k €↑
- 2021Annual accounts 2021-6,8 k €↓
- 2020Annual accounts 2020-5,2 k €↑
- 2019Annual accounts 2019-30,9 k €↓
- 2018Annual accounts 2018523,6 €↑
- 2017Annual accounts 2017-1,3 k €↓
- 2016Annual accounts 201636,4 k €↑
- 2015Annual accounts 2015-9,5 k €↓
- 2014Annual accounts 201425,6 k €↑
- 2013Annual accounts 2013-21,5 k €↑
- 2012Annual accounts 2012-90,1 k €↓
- 2011Annual accounts 201137,1 k €↑
- 2010Annual accounts 2010805 €↓
- 2009Annual accounts 20095,4 k €↓
- 2008Annual accounts 200817,3 k €↑
- 2007Annual accounts 2007-9,4 k €↓
- 2006Annual accounts 200612,5 k €
- 02/01/1990IncorporationCooperative company with limited liability