ACTIVE

WATT MATTERS TWO

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Financial year 2025 · closed on 31/12/2025
Net result
203,1 k €
+22.0% YoY
Gross margin
896,7 k €
+75.6% YoY
Equity
783 k €
+45.3% YoY

What does WATT MATTERS TWO do?

WATT MATTERS TWO is a Private limited company incorporated in 2022. Its main activity is: Production of electricity. Its registered office is in Ixelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0781.480.401
Incorporation
02/02/2022
Legal form
Private limited company
Registered office
Rue de Londres 17
1050 Ixelles · BruxellesSee on map
Contributed capital
250 379,00 €
Latest accounts
31/12/2025
Activities (NACE)
35110Production of electricity· main35110Production of electricity43222Plumbing, heat and air-conditioning installation43222Plumbing, heat and air-conditioning installation64999Other financial service activities, except insurance and pension funding n.e.c.64999Other financial service activities, except insurance and pension funding n.e.c.+2
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin896,7 k €510,7 k €225 k €50,9 k €
EBITDA895,5 k €510,7 k €224,8 k €50,5 k €
Operating result584,5 k €321,6 k €101,8 k €37,2 k €
Net result203,1 k €166,5 k €36,4 k €144,5 €
Balance sheet
Equity783 k €539 k €286,9 k €250,5 k €
Total assets13,4 M €8,5 M €2,6 M €1,1 M €
Cash16,2 k €34,1 k €125,3 k €168,5 k €
Debts10,7 M €7,9 M €2,2 M €859 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 2 ended

Active mandates

BEWATT

Director · 0892.258.161

Represented by Bruno VANDERSCHUEREN

Active
Cédric LE BLEVENNEC

Personne déléguée à la gestion journalière

Active
OuiTransform

Director · 0780.554.248

Represented by Régis GASPAR

Active

Ended mandates

Cédric LE BLEVENNEC

Personne déléguée à la gestion journalière · since 10 janvier 2024

Ended
BEWATT

Director · since 02 février 2022 · 0892.258.161

Represented by Bruno VANDERSCHUEREN

Ended
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Annual accounts

Full financial information

2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202302/02/2022
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months11 months
Filing date23/06/202612/06/202506/06/202420/06/2023
General meeting02/06/202628/05/202531/05/202402/06/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202502/06/202623/06/2026FrenchPDF
Abridged model31/12/202428/05/202512/06/2025FrenchPDF
Abridged model31/12/202331/05/202406/06/2024FrenchPDF
Micro model31/12/202202/06/202320/06/2023FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 2 ended

Active mandates

BEWATT

Director · 0892.258.161

Represented by Bruno VANDERSCHUEREN

Active
Cédric LE BLEVENNEC

Personne déléguée à la gestion journalière

Active
OuiTransform

Director · 0780.554.248

Represented by Régis GASPAR

Active

Ended mandates

Cédric LE BLEVENNEC

Personne déléguée à la gestion journalière · since 10 janvier 2024

Ended
BEWATT

Director · since 02 février 2022 · 0892.258.161

Represented by Bruno VANDERSCHUEREN

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates25/02/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/02/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/07/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Other04/02/2022
    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 2025203,1 k €↑
  2. 2024
    Annual accounts 2024166,5 k €↑
  3. 2023
    Annual accounts 202336,4 k €↑
  4. 2022
    Annual accounts 2022144,5 €
  5. 02/02/2022
    IncorporationPrivate limited company