What does SOCIETE WALLONNE DES EAUX do?

SOCIETE WALLONNE DES EAUX is a water company in Verviers. Cooperative, started on 19 December 1986, 30 establishments.

What is the address of SOCIETE WALLONNE DES EAUX?

The registered office of SOCIETE WALLONNE DES EAUX is located at Rue de la Concorde 41, 4800 Verviers.

Is SOCIETE WALLONNE DES EAUX still active?

Yes. According to the CBE (29 October 2026) SOCIETE WALLONNE DES EAUX is active, legal situation “Normale toestand”, started on 19 December 1986.

Is SOCIETE WALLONNE DES EAUX registered on Peppol?

Yes, SOCIETE WALLONNE DES EAUX is registered on the Peppol network with ID 0208:0230132005.

What is the enterprise number of SOCIETE WALLONNE DES EAUX?

The enterprise number of SOCIETE WALLONNE DES EAUX is BE0230132005.

When was SOCIETE WALLONNE DES EAUX founded?

SOCIETE WALLONNE DES EAUX was founded on 19 December 1986.

Who are the directors of SOCIETE WALLONNE DES EAUX?

According to the 2025 annual accounts, the directors of SOCIETE WALLONNE DES EAUX are: Brieuc QUEVY, Sébastien BERTRAND, Adrien GRABARSKI, Ingrid POTY, Denis VAN EECKHOUT, Mireille FRANCOTTE, Emmanuelle VANDAMME, Jessica MAYON.

Is SOCIETE WALLONNE DES EAUX a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 December 1986; 5 annual accounts filed, latest fiscal year 2025; 20 directors known from the annual account; 30 establishments in the CBE.

How much profit did SOCIETE WALLONNE DES EAUX make in 2025?

SOCIETE WALLONNE DES EAUX posted a profit after taxes of € 19,099,784 in financial year 2025.

What is the revenue of SOCIETE WALLONNE DES EAUX?

In its most recent annual accounts (2025), SOCIETE WALLONNE DES EAUX reported revenue of € 631,287,040.

How much does an employee at SOCIETE WALLONNE DES EAUX earn?

The average wage cost per full-time employee at SOCIETE WALLONNE DES EAUX was € 106,200 in 2025: staff costs of € 140 million for 1,318.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does SOCIETE WALLONNE DES EAUX have?

According to the 2025 annual accounts, SOCIETE WALLONNE DES EAUX has 1,318.2 full-time equivalents (FTE).

SOCIETE WALLONNE DES EAUX (Cooperative) - Verviers

Dossier SOCIETE WALLONNE DES EAUX, printed on 29 October 2026 from databakkes.be/en/0230132005/societe-wallonne-des-eaux. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 48 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

SOCIETE WALLONNE DES EAUX from Verviers, company number BE0230132005, closed financial year 2025 with a result of € 19.1 million after tax. For that financial year SOCIETE WALLONNE DES EAUX recorded revenue of € 631.3 million and equity of € 1.5 billion. Compared with financial year 2024, the result moved from € 10.3 million to € 19.1 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.

What it is worth Growing

€ 1.5 billion

▲ 4% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 19.1 million

▲ 86% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 39.3 million

▲ 90% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 73.8 million.

People and assets in 2025

Full-time equivalents

1,318.2

▲ 13.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 347.3 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 140 million

▲ 3% vs 2024

€ 106,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 4.9 million

▼ 28% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 16 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 844.2 million

▲ 17% vs 2024

€ 50.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.

Owed to suppliers

€ 113.3 million

▼ 3% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 102 days on average.

Taxes and wages

€ 13.1 million

▲ 3% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 545,936,297 Revenue 2022: € 545,936,297 First fiscal year in the series	€ 570,093,829 Revenue 2023: € 570,093,829 ▲ 4% vs 2022 (€ 545,936,297) Favourable step	€ 568,128,807 Revenue 2024: € 568,128,807 Unchanged (€ 570,093,829) Unfavourable step	€ 631,287,040 Revenue 2025: € 631,287,040 ▲ 11% vs 2024 (€ 568,128,807) Favourable step	▲ 11%
Profit after taxes	€ -4,042,492 Profit after taxes 2022: € -4,042,492 First fiscal year in the series	€ 6,106,250 Profit after taxes 2023: € 6,106,250 ▲ € 10.1 million vs 2022 (€ -4,042,492) Favourable step	€ 10,253,307 Profit after taxes 2024: € 10,253,307 ▲ 68% vs 2023 (€ 6,106,250) Favourable step	€ 19,099,784 Profit after taxes 2025: € 19,099,784 ▲ 86% vs 2024 (€ 10,253,307) Favourable step	▲ 86%
Equity	€ 1,398,518,870 Equity 2022: € 1,398,518,870 First fiscal year in the series	€ 1,430,656,183 Equity 2023: € 1,430,656,183 ▲ 2% vs 2022 (€ 1,398,518,870) Favourable step	€ 1,464,938,282 Equity 2024: € 1,464,938,282 ▲ 2% vs 2023 (€ 1,430,656,183) Favourable step	€ 1,523,277,155 Equity 2025: € 1,523,277,155 ▲ 4% vs 2024 (€ 1,464,938,282) Favourable step	▲ 4%
Total debts	€ 666,080,093 Total debts 2022: € 666,080,093 First fiscal year in the series	€ 767,825,582 Total debts 2023: € 767,825,582 ▲ 15% vs 2022 (€ 666,080,093) Unfavourable step	€ 888,112,866 Total debts 2024: € 888,112,866 ▲ 16% vs 2023 (€ 767,825,582) Unfavourable step	€ 1,017,408,609 Total debts 2025: € 1,017,408,609 ▲ 15% vs 2024 (€ 888,112,866) Unfavourable step	▲ 15%
Cash	€ 18,884,074 Cash 2022: € 18,884,074 First fiscal year in the series	€ 26,823,894 Cash 2023: € 26,823,894 ▲ 42% vs 2022 (€ 18,884,074) Favourable step	€ 20,652,189 Cash 2024: € 20,652,189 ▼ 23% vs 2023 (€ 26,823,894) Unfavourable step	€ 39,276,630 Cash 2025: € 39,276,630 ▲ 90% vs 2024 (€ 20,652,189) Favourable step	▲ 90%
Land & buildings	€ 245,753,630 Land & buildings 2022: € 245,753,630 First fiscal year in the series	€ 245,892,076 Land & buildings 2023: € 245,892,076 Unchanged (€ 245,753,630) Unchanged	€ 246,343,152 Land & buildings 2024: € 246,343,152 Unchanged (€ 245,892,076) Unchanged	€ 246,925,953 Land & buildings 2025: € 246,925,953 Unchanged (€ 246,343,152) Unchanged
Retained profit	€ 35,124,228 Retained profit 2022: € 35,124,228 First fiscal year in the series	€ 42,291,527 Retained profit 2023: € 42,291,527 ▲ 20% vs 2022 (€ 35,124,228) Favourable step	€ 53,605,884 Retained profit 2024: € 53,605,884 ▲ 27% vs 2023 (€ 42,291,527) Favourable step	€ 73,766,717 Retained profit 2025: € 73,766,717 ▲ 38% vs 2024 (€ 53,605,884) Favourable step	▲ 38%
Bank debt	€ 490,318,989 Bank debt 2022: € 490,318,989 First fiscal year in the series	€ 614,010,084 Bank debt 2023: € 614,010,084 ▲ 25% vs 2022 (€ 490,318,989) Unfavourable step	€ 723,764,102 Bank debt 2024: € 723,764,102 ▲ 18% vs 2023 (€ 614,010,084) Unfavourable step	€ 844,227,570 Bank debt 2025: € 844,227,570 ▲ 17% vs 2024 (€ 723,764,102) Unfavourable step	▲ 17%
Balance sheet total	€ 2,079,084,984 Balance sheet total 2022: € 2,079,084,984 First fiscal year in the series	€ 2,211,520,612 Balance sheet total 2023: € 2,211,520,612 ▲ 6% vs 2022 (€ 2,079,084,984) Unchanged	€ 2,369,143,108 Balance sheet total 2024: € 2,369,143,108 ▲ 7% vs 2023 (€ 2,211,520,612) Unchanged	€ 2,555,871,880 Balance sheet total 2025: € 2,555,871,880 ▲ 8% vs 2024 (€ 2,369,143,108) Unchanged	▲ 8%
Employees (FTE)	1,306.2 Employees (FTE) 2022: 1,306.2 First fiscal year in the series	1,270.3 Employees (FTE) 2023: 1,270.3 ▼ 35.9 vs 2022 (1,306.2) Unchanged	1,304.8 Employees (FTE) 2024: 1,304.8 ▲ 34.5 vs 2023 (1,270.3) Unchanged	1,318.2 Employees (FTE) 2025: 1,318.2 ▲ 13.4 vs 2024 (1,304.8) Unchanged	▲ 13.4

Key figures of SOCIETE WALLONNE DES EAUX, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to SOCIETE WALLONNE DES EAUX?

What happened at SOCIETE WALLONNE DES EAUX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 Adrien GRABARSKI stepped down as director. NBB
2030 Denis VAN EECKHOUT stepped down as director. NBB
2030 Mireille FRANCOTTE stepped down as director. NBB
2030 Emmanuelle VANDAMME stepped down as director. NBB
2030 Jessica MAYON stepped down as director. NBB
2030 Diego SANGES stepped down as director. NBB
2030 Kristel KARLER stepped down as director. NBB
2030 Rachid BOUKAMIR stepped down as director. NBB

In short

From € 4 million loss in 2022 to € 19.1 million profit in 2025.

Paid € 6.4 million in corporate taxes since 2022.

Best year ever: 2025, with € 19.1 million profit.

Pays suppliers within 102 days on average.

Original PDFs at the National Bank ↗

Management

SOCIETE PUBLIQUE DE GESTION DE L'EAU 108.8%

"I.D.E.A. S.C" 1%

Vlaamse Maatschappij voor Watervoorziening 0.9%

Intercommunale namuroise de Services publics 0%

The stake of SOCIETE PUBLIQUE DE GESTION DE L'EAU, "I.D.E.A. S.C", Vlaamse Maatschappij voor Watervoorziening, Intercommunale namuroise de Services publics, in BW Association Intercommunale comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

SOCIETE WALLONNE DES EAUX

SFE 70%

MAINVAULT 50%

SC Digitale des Eaux 44.3%

SPGE 9%

Behind SOCIETE WALLONNE DES EAUX are Brieuc QUEVY and Sébastien BERTRAND. The shares are held by SOCIETE PUBLIQUE DE GESTION DE L'EAU (108.8%), "I.D.E.A. S.C" (1%), Vlaamse Maatschappij voor Watervoorziening (0.9%), Intercommunale namuroise de Services publics (0%) and in BW Association Intercommunale. It owns 70% of SFE, 50% of MAINVAULT, 44.3% of SC Digitale des Eaux and 9% of SPGE itself.

Directors

According to the 2025 annual accounts

Brieuc QUEVY

Government commissioner

since 2024

Sébastien BERTRAND

Government commissioner

Adrien GRABARSKI

Director

Also active at: MAINVAULT

since 2025 · until 2030

Ingrid POTY

Director

Also active at: SOCIETE PUBLIQUE DE GESTION DE L'EAU

since 2024 · until 2025

Denis VAN EECKHOUT

Director

Also active at: Société digitale des Eaux de Wallonie

since 2025 · until 2030

Mireille FRANCOTTE

Director

since 2025 · until 2030

Emmanuelle VANDAMME

Director

Also active at: EGOV SELECT, Société digitale des Eaux de Wallonie

since 2025 · until 2030

Jessica MAYON

Director

Also active at: ECETIA INTERCOMMUNALE, SERVIPLAST

since 2025 · until 2030

Diego SANGES

Director

Also active at: SOCIETE PUBLIQUE DE GESTION DE L'EAU

since 2025 · until 2030

Kristel KARLER

Director

since 2025 · until 2030

Rachid BOUKAMIR

Director

since 2025 · until 2030

Christina DEWART

Director

since 2024 · until 2025

Simon DETHIER

Director

Also active at: Centre de cure et de postcure Les Hautes Fagnes a.s.b.l, SOCIETE DE FINANCEMENT DES EAUX

since 2024 · until 2025

Thomas SALDEN

Vice-chairman of the board

since 2025 · until 2030

Marine WINAND

Director

since 2025 · until 2030

Stéphane NICOLAS

Chairman of the board

Also active at: SOCIETE PUBLIQUE DE GESTION DE L'EAU, SOCIETE DE FINANCEMENT DES EAUX

since 2025 · until 2030

Olivier HENRY

Director

since 2025 · until 2030

Cédric JACQUET

Director

Also active at: Société de Financement de Projets Structurants de l'Est du Brabant Wallon

since 2025 · until 2030

Laurent LEVEQUE

Director

Also active at: NATIONALE MAATSCHAPPIJ DER BELGISCHE SPOORWEGEN

since 2025 · until 2025

Christian LERICHE

Director

Also active at: MONS.RENOVATION

since 2024 · until 2025

Shareholders

SOCIETE PUBLIQUE DE GESTION DE L'EAU

108.8%

"I.D.E.A. S.C"

Vlaamse Maatschappij voor Watervoorziening

0.9%

Intercommunale namuroise de Services publics

in BW Association Intercommunale

Participations

70%

50%

44.3%

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de la Concorde 41

4800 Verviers

2.138.172.879

Parc Ind. des Hauts Sarts, 2e av 40-42

4040 Herstal

Active since 19 December 1986

2.138.172.978

Rue le Marais 6

4530 Villers-le-Bouillet

Active since 19 December 1986

2.138.173.176

Bergstrasse 142

4700 Eupen

Active since 19 December 1986

2.138.173.473

Rue des Espagnols 134

6700 Arlon

Active since 19 December 1986

2.138.173.572

Tienne de l'Europe 7

5500 Dinant

Active since 19 December 1986

2.138.173.671

Rue des Trois Fontaines 14

1370 Jodoigne

Active since 19 December 1986

2.138.173.770

Rue du Fond du Maréchal(RH) SN

5020 Namur

Active since 19 December 1986

2.138.173.869

Avenue Reine Elisabeth(BZ) 204

5000 Namur

Active since 19 December 1986

2.138.174.364

Av. du Gouverneur E. Cornez 2

7000 Mons

Active since 19 December 1986

2.138.174.760

Rue Montavaux 120

7080 Frameries

Active since 19 December 1986

2.138.174.859

Chemin des Lilas 60

7800 Ath

Active since 19 December 1986

2.138.175.453

Avenue de l'Espérance(F) SN

6220 Fleurus

Active since 19 December 1986

2.138.175.552

Langesthal 162

4700 Eupen

Active since 19 December 1986

2.138.175.651

Rue de la Papeterie 201

4801 Verviers

Active since 19 December 1986

2.138.175.750

Rue du Barrage, Nadrin 39 A

6660 Houffalize

Active since 19 December 1986

2.138.175.849

Le-Moulin-des-Bois,Peti. SN

5660 Couvin

Active since 19 December 1986

2.147.137.164

Rue d'Outrouge 3

6880 Bertrix

Active since 19 December 1986

2.147.572.377

Chaussée de Mons(BT) S/N

6500 Beaumont

Active since 19 December 1986

2.174.245.694

Rue de la Transhennuyère 1

7530 Tournai

Active since 1 October 2008

2.174.245.892

Esplanade René Magritte 20

6010 Charleroi

Active since 1 October 2008

2.203.052.221

Rue de Limbourg 41B

4800 Verviers

Active since 1 January 2010

2.242.047.706

Rue de la Papeterie 40

4801 Verviers

Active since 1 January 2008

2.242.047.805

Aye, Rue de la Croissance 5

6900 Marche-en-Famenne

Active since 1 January 2008

2.243.428.668

Rue de la Transhennuyère 3

7530 Tournai

Active since 13 July 2015

2.282.073.369

Avenue des Dessus de Lives(LO) 10

5101 Namur

Active since 1 November 2018

2.290.061.122

Rue des Sandrinettes 25

7033 Mons

Active since 1 June 2019

2.353.059.256

Rue Jules Bordet 20

7180 Seneffe

Active since 1 December 2023

2.353.059.355

Zoning Industriel 36 box 14

5660 Couvin

Active since 1 December 2023

2.356.563.431

Rue Malenroye(H) 40

7334 Saint-Ghislain

Active since 1 March 2024

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

Royal Club de la Générale - Amicale du Personnel de la Générale de BanqueVerviers-Eupen

SERVICE SOCIAL DE LA SOCIETE WALLONNE DES EAUX

SOCIETE DE FINANCEMENT DES EAUX same network

€ -91,230 gross margin · 2025

MAINVAULT same network

€ 7.6 million revenue · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0230.132.005

VAT number

BE 0230.132.005

Registered office

Rue de la Concorde 41, 4800 Verviers

Names & denominations

SOCIETE WALLONNE DES EAUX · S.W.D.E.

Enterprise type

Rechtspersoon

Legal form

Cooperative company

Legal situation

Normale toestand

Start date

19 December 1986

Peppol

Active · Active since 1 Jan 2001

Contact

[email protected]

Activities · NACE

Winning, behandeling en distributie van water

Winning, zuivering en distributie van water

View on CBE Public ↗ Annual accounts (NBB) ↗

SOCIETE WALLONNE DES EAUX

Warning lights

Financials

What happened to SOCIETE WALLONNE DES EAUX?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions