ACTIVE

WATS

Financial year 2025 · closed on 31/12/2025
Net result
-19 k €
+24.7% YoY
Revenue
1,3 M €
-31.7% YoY
Equity
195,4 k €
-8.9% YoY
Workforce
2,0 ETP
0.0% YoY

What does WATS do?

WATS is a Public limited company incorporated in 1992. Its registered office is in Antwerpen. It employs on average 2,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0446.408.450
Incorporation
17/01/1992
Legal form
Public limited company
Registered office
Quellinstraat 49
2018 Antwerpen · FlandreSee on map
Contributed capital
277 875,00 €
Latest accounts
31/12/2025
Average workforce
2,0 ETP
Joint committees (2)
  • 200
  • 218
Signals
Low riskGood liquidityHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue1,3 M €1,9 M €2,5 M €2,7 M €1,2 M €826,9 k €2,8 M €3,5 M €3,3 M €3 M €3 M €3 M €3,4 M €3,9 M €4,4 M €4,7 M €4,6 M €5,8 M €5,7 M €5,3 M €
EBITDA-14,6 k €9 €54,1 k €61,4 k €68 k €-62,1 k €8,3 k €21,5 k €15,8 k €-17,5 k €-43,2 k €-30,2 k €-40,8 k €-98,3 k €-36,5 k €76,7 k €3 k €38,5 k €41,9 k €-47,3 k €
Operating result-14,6 k €-19,7 k €54,1 k €57,7 k €64 k €-66,1 k €7,8 k €21 k €15,3 k €-18,1 k €-44,6 k €-32,7 k €-53,4 k €-118 k €-55,9 k €66,9 k €1,1 k €35,5 k €33,3 k €-58,1 k €
Net result-19 k €-25,2 k €48,1 k €50,4 k €58,5 k €-72,6 k €117 €13,1 k €39,1 k €-27,1 k €-47,1 k €-38,2 k €-62,7 k €-127,7 k €-67,9 k €39,3 k €335 €55,2 k €44,6 k €-41,5 k €
Balance sheet
Equity195,4 k €214,4 k €239,6 k €191,5 k €141,1 k €82,5 k €155,2 k €155,1 k €141,9 k €102,8 k €129,9 k €-5,9 k €32,3 k €95 k €222,7 k €290,6 k €251,3 k €251 k €195,7 k €151,1 k €
Total assets818,9 k €667,9 k €845,6 k €811,3 k €613,8 k €715 k €905,2 k €847 k €1,1 M €1,1 M €1,1 M €860,6 k €945 k €1 M €1,1 M €1,3 M €1,1 M €1,1 M €1 M €1,1 M €
Cash102,1 k €119,6 k €149,9 k €256,5 k €173,6 k €199,1 k €198,6 k €200,8 k €279,3 k €52,9 k €122,2 k €55,3 k €87,2 k €72 k €51,6 k €85,4 k €65,1 k €89,6 k €74,3 k €113,2 k €
Debts173,2 k €193,8 k €144,1 k €206,8 k €247,7 k €512,9 k €219,6 k €196,9 k €231 k €335,7 k €442,3 k €460,5 k €354,8 k €309,7 k €306,3 k €347,1 k €268 k €313,6 k €338,5 k €420,1 k €
Other
Workforce2,0 ETP2,0 ETP2,0 ETP2,0 ETP2,0 ETP3,0 ETP3,0 ETP3,4 ETP4,3 ETP4,6 ETP4,1 ETP3,4 ETP4,8 ETP6,8 ETP7,4 ETP7,9 ETP6,3 ETP6,7 ETP8,8 ETP8,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 10 ended

Active mandates

JANINE RYMEN

Mandate

Active
PATRICK SEVENANS

Mandate

Active
SIMONE VAN RIET

Mandate

Active

Ended mandates

PATRICK SEVENANS

Managing director · since 09 juin 2017 · until 09 juin 2023

Ended
SIMONE VAN RIET

Director · since 09 juin 2017 · until 09 juin 2023

Ended
JANINE RYMEN

Director · since 10 juin 2016 · until 10 juin 2022

Ended
PATRICK SEVENANS

Managing director · since 09 juin 2011 · until 09 juin 2017

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/07/202630/07/202530/07/202431/07/202329/07/202228/06/2021
General meeting28/06/202604/07/202514/06/202430/06/202310/06/202211/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202528/06/202628/07/2026DutchPDF
Abridged model31/12/202404/07/202530/07/2025DutchPDF
Abridged model31/12/202314/06/202430/07/2024DutchPDF
Abridged model31/12/202230/06/202331/07/2023DutchPDF
Abridged model31/12/202110/06/202229/07/2022DutchPDF
Abridged model31/12/202011/06/202128/06/2021DutchPDF
Abridged model31/12/201914/07/202031/07/2020DutchPDF
Abridged model31/12/201814/06/201902/07/2019DutchPDF
Abridged model31/12/201708/06/201806/07/2018DutchPDF
Abridged model31/12/201609/06/201721/06/2017DutchPDF
Abridged model31/12/201510/06/201627/07/2016DutchPDF
Abridged model31/12/201429/06/201531/07/2015DutchPDF
Abridged model31/12/201328/07/201430/07/2014DutchPDF
Abridged model31/12/201214/06/201330/07/2013DutchPDF
Abridged model31/12/201108/06/201231/07/2012DutchPDF
Abridged model31/12/201009/06/201119/07/2011DutchPDF
Abridged model31/12/200911/06/201029/07/2010DutchPDF
Abridged model31/12/200812/06/200930/06/2009DutchPDF
Abridged model31/12/200713/06/200828/07/2008DutchPDF
Abridged model31/12/200608/06/200730/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 10 ended

Active mandates

JANINE RYMEN

Mandate

Active
PATRICK SEVENANS

Mandate

Active
SIMONE VAN RIET

Mandate

Active

Ended mandates

PATRICK SEVENANS

Managing director · since 09 juin 2017 · until 09 juin 2023

Ended
SIMONE VAN RIET

Director · since 09 juin 2017 · until 09 juin 2023

Ended
JANINE RYMEN

Director · since 10 juin 2016 · until 10 juin 2022

Ended
PATRICK SEVENANS

Managing director · since 09 juin 2011 · until 09 juin 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office14/03/2025
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Other11/09/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates27/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares07/05/2015
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates18/03/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/03/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/07/2007
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-19 k €
  2. 2024
    Annual accounts 2024-25,2 k €
  3. 2023
    Annual accounts 202348,1 k €
  4. 2022
    Annual accounts 202250,4 k €
  5. 2021
    Annual accounts 202158,5 k €
  6. 2020
    Annual accounts 2020-72,6 k €
  7. 2019
    Annual accounts 2019117 €
  8. 2018
    Annual accounts 201813,1 k €
  9. 2017
    Annual accounts 201739,1 k €
  10. 2016
    Annual accounts 2016-27,1 k €
  11. 2015
    Annual accounts 2015-47,1 k €
  12. 2014
    Annual accounts 2014-38,2 k €
  13. 2013
    Annual accounts 2013-62,7 k €
  14. 2012
    Annual accounts 2012-127,7 k €
  15. 2011
    Annual accounts 2011-67,9 k €
  16. 2010
    Annual accounts 201039,3 k €
  17. 2009
    Annual accounts 2009335 €
  18. 2008
    Annual accounts 200855,2 k €
  19. 2007
    Annual accounts 200744,6 k €
  20. 2006
    Annual accounts 2006-41,5 k €
  21. 17/01/1992
    IncorporationPublic limited company