Financials
Financial year 2025
EcoWater Systems Europe from Olen, company number BE0411519827, closed financial year 2025 with a result of € 97,976 after tax. For that financial year EcoWater Systems Europe recorded revenue of € 18.6 million and equity of € 13.3 million. Compared with financial year 2024, the result moved from € -1.2 million to € 97,976. 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 July 16, 2026.
€ 13.3 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 97,976
▲ still € 1.2 million loss in 2024
Profit after tax over the fiscal year.
€ 7.3 million
▲ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 13.3 million.
People and assets in 2025
98.3
▲ 3.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 8.5 million
▲ 9% vs 2024
€ 87,000 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.
€ 23,975
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 869,251
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 30 days on average.
€ 1.2 million
▲ 10% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 17,964,443 | € 17,518,615 | € 18,381,774 | € 18,605,768 | ▲ 1% |
| Profit after taxes | € -178,106 | € -899,030 | € -1,243,220 | € 97,976 | ▲ € 1.3 million |
| Equity | € 15,394,216 | € 14,495,186 | € 13,251,966 | € 13,349,942 | ▲ 1% |
| Total debts | € 2,122,821 | € 2,782,492 | € 1,953,867 | € 2,032,799 | ▲ 4% |
| Cash | € 6,076,400 | € 5,891,685 | € 5,611,177 | € 7,339,805 | ▲ 31% |
| Land & buildings | € 649,929 | € 562,608 | € 457,136 | € 353,776 | ▼ 23% |
| Retained profit | € 15,320,126 | € 14,421,096 | € 13,177,876 | € 13,275,852 | ▲ 1% |
| Balance sheet total | € 17,680,468 | € 17,444,460 | € 15,438,414 | € 15,879,968 | ▲ 3% |
| Employees (FTE) | 100.6 | 98.8 | 94.7 | 98.3 | ▲ 3.6 |
Key figures of EcoWater Systems Europe, 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 EcoWater Systems Europe?
What happened at EcoWater Systems Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pieter Spruyt stepped down as director. NBB
- Robert Swinnen stepped down as director. NBB
- William Contaxis III stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 97,976. Source: NBB ↗
- Robert Swinnen became a director. NBB
- William Contaxis III became a director. NBB
- Pieter Spruyt became a director. NBB
- New establishment in Olen. KBO
In short
From € 178,106 loss in 2022 to € 97,976 profit in 2025.
Paid € 41,502 in corporate taxes since 2022.
Best year ever: 2025, with € 97,976 profit.
Pays suppliers within 30 days on average.
A new publication or filing at EcoWater Systems Europe? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by EcoWater Systems Inc. (99.9%) and Marmon Industrial Water LLC (0.1%). It owns 100% of EcoWater Systems Germany GMBH, 100% of Marmon Retail Technologies Middle East DMCC and 100% of EcoWater Systems Italia S.r.l. itself.
Directors
According to the 2025 annual accounts
Pieter Spruyt
Director
since 2017 · until 2029
Robert Swinnen
Managing director
since 2019 · until 2029
William Contaxis III
Director
since 2019 · until 2029
Shareholders
EcoWater Systems Inc.
99.9%
Marmon Industrial Water LLC
0.1%
Participations
EcoWater Systems Germany GMBH
100%
Marmon Retail Technologies Middle East DMCC
100%
EcoWater Systems Italia S.r.l.
100%
Establishments
Establishment units
Physical locations of this company
Geelseweg 56
2250 Olen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
DNS
Cloudflare DNS
Website info
Features
Security
Network
Details
- Company number
- 0411.519.827
- VAT number
- BE 0411.519.827
- Registered office
- Geelseweg 56, 2250 Olen
- Names & denominations
- EcoWater Systems Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 October 1971
- Peppol
- Active · Active since 10 Apr 2025
- Contact
- ecowater.be
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