Financials
Financial year 2024
WATER SOLUTION from Viroinval, company number BE0421305444, closed financial year 2024 with a result of € 10,111 after tax. For that financial year WATER SOLUTION recorded revenue of € 276,473 and equity of € 31,701. Compared with financial year 2023, the result moved from € -6,219 to € 10,111. 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 November 15, 2025.
€ 31,701
▲ 47% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,111
▲ still € 6,219 loss in 2023
Profit after tax over the fiscal year.
€ 13,445
▲ 1% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 13,101.
People and assets in 2024
€ 13,602
▼ 75% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,009
▼ 38% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 30,000
▲ 185% vs 2023
Loans from banks and other lenders, long and short.
€ 1,383
▼ 97% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 12,251
▼ 27% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 289,083 | € 372,846 | € 404,028 | € 276,473 | ▼ 32% |
| Gross margin | € 62,417 | € 42,175 | € 51,334 | € 33,135 | ▼ 35% |
| Profit after taxes | € 1,047 | € -10,157 | € -6,219 | € 10,111 | ▲ € 16,330 |
| Equity | € 37,967 | € 27,809 | € 21,590 | € 31,701 | ▲ 47% |
| Total debts | € 68,041 | € 49,741 | € 77,818 | € 47,443 | ▼ 39% |
| Cash | € 16,361 | € 6,612 | € 13,349 | € 13,445 | ▲ 1% |
| Land & buildings | € 3,031 | € 2,718 | € 2,406 | € 2,094 | ▼ 13% |
| Retained profit | € 19,367 | € 9,209 | € 2,990 | € 13,101 | ▲ € 10,111 |
| Bank debt | € 16 | € 228 | € 10,509 | € 30,000 | ▲ 185% |
| Balance sheet total | € 106,008 | € 77,550 | € 99,408 | € 79,144 | ▼ 20% |
Key figures of WATER SOLUTION, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to WATER SOLUTION?
What happened at WATER SOLUTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 10,111. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Viroinval. KBO
In short
From € 1,047 profit in 2021 to € 10,111 profit in 2024.
Paid € 7,301 in corporate taxes since 2021.
Best year ever: 2024, with € 10,111 profit.
Establishments
Establishment units
Physical locations of this company
Rue Albert-Grégoire, Nismes 20
5670 Viroinval
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0421.305.444
- VAT number
- BE 0421.305.444
- Registered office
- Rue Albert-Grégoire, Nismes 20, 5670 Viroinval
- Names & denominations
- WATER SOLUTION · NOREX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 January 1981
- Peppol
- Active · Active since 22 Dec 2025
- Contact
- 0495866447
- Activities · NACE
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