WATT ELSE
0628.984.523 · rovalta.com · 09/11/2026
ACTIVE
WATT ELSE
Financial year 2025 · Closed on 31/12/2025
Net result10 k €-94,7 %over 1 year
Gross margin845,2 k €-13,6 %over 1 year
Equity661,2 k €+1,1 %over 1 year
Workforce7,7 ETP-23,8 %over 1 year
Overview
Identity
Source · BCE/KBOWATT ELSE is a Private limited company incorporated in 2015. Its main activity is: Computer programming activities. Its registered office is in Yvoir. It employs on average 7,7 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0628.984.523
- Incorporation
- 29/04/2015
- Legal form
- Private limited company
- Registered office
- Rue du Jauviat 20
5530 Yvoir · WallonieSee on map - Contributed capital
- 18 600,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 7,7 ETP
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities71121Engineering activities and related technical consultancy71121Engineering activities and related technical consultancy70210Public relations and communication activities71121Engineering activities and related technical consultancy+6
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 10 filingsTrend over 10 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 845,2 k € | -13.6% | 977,9 k € | +9.8% | 890,4 k € | +19.0% | 748,2 k € | -13.2% | 861,7 k € |
| EBITDA | 288,9 k € | -13.3% | 333,3 k € | +4.4% | 319,4 k € | +42.6% | 224 k € | -42.9% | 392,5 k € |
| Operating result | 53,7 k € | -78.3% | 247,7 k € | +1.2% | 244,6 k € | +31.3% | 186,3 k € | -49.9% | 371,8 k € |
| Net result | 10 k € | -94.7% | 188,6 k € | +4.2% | 181 k € | -19.1% | 223,7 k € | -19.2% | 276,7 k € |
| Balance sheet | |||||||||
| Equity | 661,2 k € | +1.1% | 653,7 k € | +68.1% | 388,9 k € | +87.1% | 207,9 k € | -26.8% | 284,2 k € |
| Total assets | 2,4 M € | -19.4% | 3 M € | +34.6% | 2,2 M € | +46.0% | 1,5 M € | +59.0% | 958,8 k € |
| Cash | 103,2 k € | -80.8% | 536,4 k € | +333% | 124 k € | -44.9% | 225 k € | +22.7% | 183,3 k € |
| Debts | 1,8 M € | -25.1% | 2,3 M € | +27.5% | 1,8 M € | +39.5% | 1,3 M € | +95.1% | 674,6 k € |
| Other | |||||||||
| Workforce | 7,7 ETP | -23.8% | 10,1 ETP | +8.6% | 9,3 ETP | +5.7% | 8,8 ETP | +14.3% | 7,7 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20251 active · 2 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Mathieu Van Gechuchten | Directorsince 29/04/2015 |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Mathieu VAN GEHUCHTEN | Administrator - manager28/04/2015 → 2016 accountsManaging director2020 accountsManager2018 accounts | ||
Mathieu Van Gehucthen | Manager2017 accounts |
Other companies at this address
Rue du Jauviat 20 5530 YvoirFinancials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged 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 | 08/07/2026 | 29/07/2025 | 11/06/2024 | 26/06/2023 | 29/08/2022 | 09/06/2021 |
| General meeting | 05/06/2026 | 06/06/2025 | 07/06/2024 | 02/06/2023 | 03/06/2022 | 04/06/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 10 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 05/06/2026 | 08/07/2026 | French | |
| Abridged model | 31/12/2024 | 06/06/2025 | 29/07/2025 | French | |
| Abridged model | 31/12/2023 | 07/06/2024 | 11/06/2024 | French | |
| Abridged model | 31/12/2022 | 02/06/2023 | 26/06/2023 | French | |
| Abridged model | 31/12/2021 | 03/06/2022 | 29/08/2022 | French | |
| Micro model | 31/12/2020 | 04/06/2021 | 09/06/2021 | French | |
| Micro model | 31/12/2019 | 05/06/2020 | 09/06/2020 | French | |
| Micro model | 31/12/2018 | 07/06/2019 | 24/06/2019 | French | |
| Micro model | 31/12/2017 | 01/06/2018 | 09/07/2018 | French | |
| Abridged model | 31/12/2016 | 02/06/2017 | 17/08/2017 | French |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 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
Board of directors
Source · NBB, accounts to 31/12/20251 active · 2 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Mathieu Van Gechuchten | Directorsince 29/04/2015 |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Mathieu VAN GEHUCHTEN | Administrator - manager28/04/2015 → 2016 accountsManaging director2020 accountsManager2018 accounts | ||
Mathieu Van Gehucthen | Manager2017 accounts |
Ownership and network
Looking for more information about this company?
Try for freePublications
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
Source · CBE, NBB annual accountsYear
Identity
Incorporation
Name
Registered office
Annual accounts
Filings10 filings
Mandates
Mathieu Van Gechuchten
Mathieu VAN GEHUCHTEN
Mathieu Van Gehucthen
201520162017201820192020202120222023202420252026
WATT ELSE
Rue du Jauviat 20, 5530 Yvoir
Director
Administrator - manager
CurrentPlanned, not yet servedEndedAccounts filedToday
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Rue du Jauviat 20, 5530 YvoirCurrent | accounts 2021 → 2025 | Accounts 2025 · 2026-00269055 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| WATT ELSECurrent | accounts 2021 → 2025 | Accounts 2025 · 2026-00269055 |
Events
- 2025Annual accounts 202510 k €↓
- 2024Annual accounts 2024188,6 k €↑
- 2023Annual accounts 2023181 k €↓
- 2022Annual accounts 2022223,7 k €↓
- 2021Annual accounts 2021276,7 k €↑
- 2020Annual accounts 2020152,9 k €↑
- 2019Annual accounts 201992,4 k €↑
- 2018Annual accounts 201864,3 k €↑
- 2017Annual accounts 201719,5 k €↓
- 2016Annual accounts 201627,4 k €
- 29/04/2015IncorporationPrivate limited company