NORMAL SITUATION

IMMO WATRO

Export PDF

Financial year 2025 · closed on 31/03/2025

Net result

355,3 k €

+7.3% YoY

Gross margin

1,4 M €

-6.5% YoY

Equity

1,7 M €

0.0% YoY

Company — Normal situation.

What does IMMO WATRO do?

IMMO WATRO is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0463.391.467

Legal form

Public limited company

Contributed capital

1 511 500,00 €

Latest accounts

31/03/2025

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2009		2008		2007		2006
Income statement
Gross margin	1,4 M €	-6.5%	1,5 M €	+8.5%	1,4 M €	+15.1%	1,2 M €	+4.6%	1,1 M €	-5.7%	1,2 M €	+3.7%	1,1 M €	+1.9%	1,1 M €	+1.7%	1,1 M €		–		–		–		–		–		–		–		–		–		–
EBITDA	1,2 M €	+0.3%	1,1 M €	+7.9%	1,1 M €	+5.0%	1 M €	+5.6%	959,5 k €	-3.4%	992,9 k €	+0.7%	986,1 k €	+2.2%	965 k €	+1.7%	949,3 k €	+1.6%	934,5 k €	-9.1%	1 M €	+18.3%	868,4 k €	+0.4%	865,3 k €	+0.2%	863,8 k €	-0.6%	868,6 k €	-14.2%	1 M €	-31.4%	1,5 M €	+1.4%	1,5 M €	+0.9%	1,4 M €
Operating result	870,4 k €	+0.4%	866,5 k €	+10.7%	782,8 k €	+7.0%	731,7 k €	+7.9%	678,2 k €	-4.3%	708,8 k €	+2.0%	694,9 k €	+3.0%	674,8 k €	+2.4%	659,1 k €	+2.3%	644,3 k €	-10.9%	723,3 k €	+28.6%	562,7 k €	+0.6%	559,6 k €	+0.3%	558 k €	+14.1%	489,2 k €	-31.1%	710,1 k €	-39.7%	1,2 M €	+1.8%	1,2 M €	+1.1%	1,1 M €
Net result	355,3 k €	+7.3%	331,1 k €	-2.4%	339,3 k €	-45.3%	620,8 k €	+26.6%	490,2 k €	+108%	235,6 k €	+94.9%	120,9 k €	+21.2%	99,7 k €	-4.2%	104,1 k €	+9.2%	95,3 k €	-46.2%	177,1 k €	+227%	54,1 k €	+231%	-41,2 k €	+17.0%	-49,6 k €	+26.2%	-67,3 k €	-116%	413,4 k €	-37.5%	661,3 k €	+7.8%	613,2 k €	+2.7%	596,9 k €
Balance sheet
Equity	1,7 M €	0.0%	1,7 M €	0.0%	1,7 M €	0.0%	1,7 M €	-22.8%	2,2 M €	+29.5%	1,7 M €	-2.6%	1,7 M €	-18.2%	2,1 M €	+5.0%	2 M €	+5.5%	1,9 M €	+5.3%	1,8 M €	+11.0%	1,6 M €	+3.5%	1,6 M €	+954%	147,7 k €	-25.1%	197,4 k €	-92.6%	2,7 M €	-44.9%	4,9 M €	+15.7%	4,2 M €	+17.1%	3,6 M €
Total assets	10,4 M €	+0.7%	10,3 M €	-2.5%	10,6 M €	-2.6%	10,9 M €	+2.4%	10,6 M €	+0.4%	10,6 M €	+1.4%	10,4 M €	+3.0%	10,1 M €	-1.7%	10,3 M €	+2.3%	10 M €	+1.0%	10 M €	+0.9%	9,9 M €	+0.0%	9,9 M €	-0.4%	9,9 M €	-0.8%	10 M €	+0.6%	9,9 M €	-3.2%	10,2 M €	-0.2%	10,3 M €	-6.2%	10,9 M €
Cash	43 k €	-83.8%	265,5 k €	-73.8%	1 M €	-60.3%	2,6 M €	-21.2%	3,2 M €	-11.4%	3,7 M €	+8.0%	3,4 M €	+46.5%	2,3 M €	-21.2%	2,9 M €	+35.5%	2,2 M €	+24.4%	1,7 M €	+26.5%	1,4 M €	+32.8%	1 M €	+32.5%	781,5 k €	+78.9%	436,8 k €	+337%	99,9 k €	-72.1%	357,7 k €	+372%	75,8 k €	+261%	21 k €
Debts	8,5 M €	+0.8%	8,4 M €	-3.2%	8,7 M €	-5.1%	9,2 M €	+9.4%	8,4 M €	-2.1%	8,6 M €	+0.5%	8,5 M €	+6.2%	8 M €	-1.3%	8,1 M €	+1.5%	8 M €	+0.2%	8 M €	-1.2%	8,1 M €	-0.6%	8,1 M €	-15.1%	9,6 M €	+1.4%	9,5 M €	+31.8%	7,2 M €	+35.0%	5,3 M €	-11.0%	6 M €	-12.9%	6,9 M €

Governance

Board of directors

Seen on filing of 31/03/2025 · 3 active · 39 ended

Active mandates

Miruna Marin

Director · since 22 novembre 2024 · until 02 mai 2029

Active

Sardaana NOGOVITSYNA

Director · since 18 mars 2024 · until 22 novembre 2024

Active

Gitte de Brabander

Director · since 31 octobre 2023 · until 02 mai 2030

Active

Ended mandates

Sardaana Nogovitsyna

Director · since 18 mars 2024 · until 02 mai 2029

Ended

Ognjan Markovic

Director · since 31 janvier 2024 · until 18 mars 2024

Ended

Charlotte Blijweert

Director · since 01 novembre 2022 · until 31 octobre 2023

Ended

Charlotte BLIJWEERT

Director · since 01 novembre 2022 · until 01 novembre 2028

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	04/08/2025	18/10/2024	22/09/2023	11/08/2022	08/07/2022	24/09/2020
General meeting	25/07/2025	13/09/2024	15/09/2023	15/07/2022	30/09/2021	09/09/2020
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 days

Filings

Annual accounts filings

29 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	25/07/2025	04/08/2025	French	PDF
Abridged model	31/03/2024	13/09/2024	18/10/2024	French	PDF
Abridged model	31/03/2023	15/09/2023	22/09/2023	French	PDF
Abridged model	31/03/2022	15/07/2022	11/08/2022	French	PDF
Abridged modelCorrection	31/03/2021	30/09/2021	08/07/2022	French	PDF
Abridged model	31/03/2021	30/09/2021	03/11/2021	French	PDF
Abridged model	31/03/2020	09/09/2020	24/09/2020	French	PDF
Abridged model	31/03/2019	27/06/2019	01/07/2019	French	PDF
Abridged modelCorrection	31/03/2018	12/10/2018	11/06/2019	French	PDF
Abridged model	31/03/2018	12/10/2018	19/10/2018	French	PDF
Abridged model	31/03/2017	25/07/2017	22/08/2017	Dutch	PDF
Full model	31/03/2016	29/07/2016	02/08/2016	Dutch	PDF
Full model	31/03/2015	22/05/2015	12/06/2015	Dutch	PDF
Full model	31/03/2014	11/07/2014	22/07/2014	Dutch	PDF
Full model	31/03/2013	24/06/2013	31/07/2013	Dutch	PDF
Full model	31/03/2012	16/06/2012	13/07/2012	Dutch	PDF
Full model	31/03/2011	16/07/2011	26/07/2011	Dutch	PDF
Full model	31/12/2009	15/06/2010	23/06/2010	French	PDF
Full model	31/12/2008	16/06/2009	17/06/2009	French	PDF
Full model	31/12/2007	17/06/2008	14/08/2008	French	PDF
Full model	31/12/2006	19/06/2007	13/07/2007	French	PDF
Full model	31/12/2005	20/06/2006	29/06/2006	French	PDF
Full model	31/12/2004	21/06/2005	21/06/2005	French	PDF
Full model	31/12/2003	15/06/2004	28/06/2004	French	PDF

View all 29 filings

Estimate

Indicative valuation

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 31/03/2025 · 3 active · 39 ended

Active mandates

Miruna Marin

Director · since 22 novembre 2024 · until 02 mai 2029

Active

Sardaana NOGOVITSYNA

Director · since 18 mars 2024 · until 22 novembre 2024

Active

Gitte de Brabander

Director · since 31 octobre 2023 · until 02 mai 2030

Active

Ended mandates

Sardaana Nogovitsyna

Director · since 18 mars 2024 · until 02 mai 2029

Ended

Ognjan Markovic

Director · since 31 janvier 2024 · until 18 mars 2024

Ended

Charlotte Blijweert

Director · since 01 novembre 2022 · until 31 octobre 2023

Ended

Charlotte BLIJWEERT

Director · since 01 novembre 2022 · until 01 novembre 2028

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Dissolution13/11/2025
RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Capital / shares22/09/2025
CAPITAL, ACTIONS
PDF
Restructuring28/08/2025
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates31/01/2025
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates24/10/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates08/04/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates26/02/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates20/10/2023
DEMISSIONS, NOMINATIONS
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

2025
Annual accounts 2025355,3 k €↑
2024
Annual accounts 2024331,1 k €↓
2023
Annual accounts 2023339,3 k €↓
2022
Annual accounts 2022620,8 k €↑
2021
Annual accounts 2021490,2 k €↑
2020
Annual accounts 2020235,6 k €↑
2019
Annual accounts 2019120,9 k €↑
2018
Annual accounts 201899,7 k €↓
2017
Annual accounts 2017104,1 k €↑
2016
Annual accounts 201695,3 k €↓
2015
Annual accounts 2015177,1 k €↑
2014
Annual accounts 201454,1 k €↑
2013
Annual accounts 2013-41,2 k €↑
2012
Annual accounts 2012-49,6 k €↑
2011
Annual accounts 2011-67,3 k €↓
2009
Annual accounts 2009413,4 k €↓
2008
Annual accounts 2008661,3 k €↑
2007
Annual accounts 2007613,2 k €↑
2006
Annual accounts 2006596,9 k €

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

IMMO WATRO

Overview

What does IMMO WATRO do?

Trend over 19 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline