Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 48.2 to 22.4.
Financials
Financial year 2025
EURAQUA-EUROPE from Waregem, company number BE0415179794, closed financial year 2025 with a result of € -566,664 after tax. For that financial year EURAQUA-EUROPE recorded revenue of € 25.8 million and equity of € 6.5 million. Compared with financial year 2024, the result moved from € -4,947 to € -566,664. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 6.5 million
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -566,664
▼ 11354 % more loss than in 2024
Profit after tax over the fiscal year.
€ 245,479
▲ € 199,453 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 6.5 million.
People and assets in 2025
22.4
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▲ 7% vs 2024
€ 78,600 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.
€ 205,956
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.6 million
▼ 23% vs 2024
€ 760,299 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2.9 million
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 43 days on average.
€ 361,566
▲ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 25,740,920 | € 33,833,250 | € 23,214,070 | € 25,751,395 | ▲ 11% |
| Profit after taxes | € 820,778 | € 123,585 | € -4,947 | € -566,664 | ▼ € 561,717 |
| Equity | € 6,986,544 | € 7,110,129 | € 7,105,182 | € 6,538,518 | ▼ 8% |
| Total debts | € 9,555,688 | € 9,978,623 | € 11,120,000 | € 11,612,333 | ▲ 4% |
| Cash | € 2,956 | € 5,266 | € 46,026 | € 245,479 | ▲ € 199,453 |
| Land & buildings | € 4,300,868 | € 5,267,334 | € 5,176,249 | € 4,911,883 | ▼ 5% |
| Retained profit | € 6,921,544 | € 7,045,129 | € 7,040,182 | € 6,473,518 | ▼ 8% |
| Dividend | € 250,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 4,228,061 | € 3,733,587 | € 3,397,986 | € 2,602,056 | ▼ 23% |
| Balance sheet total | € 16,950,630 | € 17,241,245 | € 18,371,299 | € 18,305,574 | |
| Employees (FTE) | 49.5 | 48.2 | 22.7 | 22.4 | ▼ 0.3 |
Key figures of EURAQUA-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 EURAQUA-EUROPE?
What happened at EURAQUA-EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Smardix stepped down as director. NBB
- Pollet Water Group NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 566,664. Source: NBB ↗
- Smardix became a director. NBB
- Pollet Water Group NV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Waregem. KBO
In short
From € 820,778 profit in 2022 to € 566,664 loss in 2025.
Paid € 248,672 in corporate taxes since 2022.
Best year ever: 2022, with € 820,778 profit.
Paid out € 250,000 in dividends to the owners in total.
Management
The shares are held by SUKO (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Tailleu Dimitri
Also active at: TERBASSENWEI, STERIMA, UNIMID, PPG Belgium, ALTRANS, POLLET GROUP, MICRON, SUKO +14 more
since 2024 · until 2030
Director · represented by Sofie Pollet
Owns 100% via SUKO
Also active at: TERBASSENWEI, STERIMA, UNIMID, POLLET POOL GROUP, ALTRANS, BAYARD EUROPE, MICRON, AQUA.COM +10 more
since 2024 · until 2030
Shareholders
SUKO · holding of Pollet Water Group NV
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Textielstraat 13
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Mimecast
Hosting
COMBELL-AS, BE
Domain
Domain
euraqua.com
Registered
2002-05-13
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-05-13
Website info
Features
Security
Network
Details
- Company number
- 0415.179.794
- VAT number
- BE 0415.179.794
- Registered office
- Textielstraat 13, 8790 Waregem
- Names & denominations
- EURAQUA-EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 June 1975
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- euraqua.com [email protected]
- Activities · NACE
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