ACTIVE

BWAT

Financial year 2025 · Closed on 31/12/2025

Net result289,2 k €+24,1 %over 1 year
Gross margin385,2 k €-5,8 %over 1 year
Equity729 k €-9,8 %over 1 year

Identity

Source · BCE/KBO

BWAT is a Private limited company incorporated in 2021. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Merchtem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0765.301.591
Incorporation
17/03/2021
Legal form
Private limited company
Registered office
Heidestraat 21 box a
1785 Merchtem · FlandreSee on map
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin385,2 k €408,9 k €351,1 k €302,9 k €166,5 k €
EBITDA384,5 k €408,2 k €350,3 k €302,3 k €166 k €
Operating result378,5 k €388,5 k €330,6 k €282,9 k €156,6 k €
Net result289,2 k €233,1 k €185,9 k €232,9 k €156,5 k €
Balance sheet
Equity729 k €808,4 k €575,3 k €389,4 k €156,5 k €
Total assets1,1 M €835 k €661 k €489,9 k €229,2 k €
Cash124,3 k €117,3 k €622,9 k €375,2 k €131,3 k €
Debts369,1 k €26,7 k €85,7 k €100,5 k €72,7 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
BART WATTEEUW
Administrator - managerDirector2022 accountsended

Full financial information

Source · NBB
20252024202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202217/03/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months10 months
Filing date29/08/202613/11/202530/08/202431/08/202301/07/2022
General meeting28/05/202606/06/202507/06/202402/06/202303/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202528/05/202629/08/2026DutchPDF
Micro model31/12/202406/06/202513/11/2025DutchPDF
Micro model31/12/202307/06/202430/08/2024DutchPDF
Micro model31/12/202202/06/202331/08/2023DutchPDF
Micro model31/12/202103/06/202201/07/2022DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
BART WATTEEUW
Administrator - managerDirector2022 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other19/03/2021
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings5 filings
Mandates
BART WATTEEUW
202120222023202420252026
BWAT
Heidestraat 21 bte a, 1785 Merchtem
Administrator - manager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Heidestraat 21 bte a, 1785 MerchtemCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00450373

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
BWATCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00450373

Events

  1. 2025
    Annual accounts 2025289,2 k €↑
  2. 2024
    Annual accounts 2024233,1 k €↑
  3. 2023
    Annual accounts 2023185,9 k €↓
  4. 2022
    Annual accounts 2022232,9 k €↑
  5. 2021
    Annual accounts 2021156,5 k €
  6. 17/03/2021
    IncorporationPrivate limited company