ACTIVE

WATMAIL

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Financial year 2025 · closed on 31/12/2025
Net result
-20 k €
+36.7% YoY
Gross margin
267,9 k €
+23.7% YoY
Equity
-84,4 k €
-31.1% YoY
Workforce
4,6 ETP
+15.0% YoY

What does WATMAIL do?

WATMAIL is a Private limited company incorporated in 2021. Its registered office is in Koekelberg. It employs on average 4,6 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0761.995.970
Incorporation
25/01/2021
Legal form
Private limited company
Registered office
Rue des Archers 51
1081 Koekelberg · BruxellesSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Average workforce
4,6 ETP
Signals
Healthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin267,9 k €216,6 k €196,2 k €226 k €140,6 k €
EBITDA-9,7 k €-20,6 k €-39,5 k €17,9 k €-4,9 k €
Operating result-16,8 k €-28 k €-45,7 k €13 k €-10,9 k €
Net result-20 k €-31,6 k €-47,5 k €7,4 k €-12,6 k €
Balance sheet
Equity-84,4 k €-64,3 k €-32,7 k €14,8 k €7,4 k €
Total assets234,4 k €229,1 k €258,9 k €261,7 k €366,9 k €
Cash87,6 k €53,3 k €87,7 k €104,3 k €201,3 k €
Debts318,8 k €293,4 k €291,6 k €246,9 k €359,6 k €
Other
Workforce4,6 ETP4,0 ETP4,3 ETP5,0 ETP4,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active

Active mandates

Pierre Mertens

Director · since 22 janvier 2021

Active
Thomas Mertens

Director · since 22 janvier 2021

Active
At this address

Other companies at this address

CompanyCBE no.
Mertens Technics● Active
1027.650.959
OVERDECO● Active
0775.737.605
Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202222/01/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months12 months
Filing date25/08/202618/07/202530/08/202431/07/202331/08/2022
General meeting15/06/202615/06/202515/06/202415/06/202315/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/06/202625/08/2026FrenchPDF
Abridged model31/12/202415/06/202518/07/2025FrenchPDF
Abridged model31/12/202315/06/202430/08/2024FrenchPDF
Abridged model31/12/202215/06/202331/07/2023FrenchPDF
Abridged model31/12/202115/06/202231/08/2022FrenchPDF
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 31/12/2025 · 2 active

Active mandates

Pierre Mertens

Director · since 22 janvier 2021

Active
Thomas Mertens

Director · since 22 janvier 2021

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other27/01/2021
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025-20 k €↑
  2. 2024
    Annual accounts 2024-31,6 k €↑
  3. 2023
    Annual accounts 2023-47,5 k €↓
  4. 2022
    Annual accounts 20227,4 k €↑
  5. 2021
    Annual accounts 2021-12,6 k €
  6. 25/01/2021
    IncorporationPrivate limited company