Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 22.9 to 17.8.
Financials
Financial year 2025
Société pour l'Hydraulique, l'Environnement et la Réhabilitation from Namur, company number BE0427749115, closed financial year 2025 with a result of € 610,108 after tax. For that financial year Société pour l'Hydraulique, l'Environnement et la Réhabilitation recorded a gross margin of € 3 million and equity of € 791,589. Compared with financial year 2024, the result moved from € 612,650 to € 610,108. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 27, 2026.
€ 791,589
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 610,108
Profit after tax over the fiscal year.
€ 495,016
▼ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 600,000 paid out
98 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
17.8
▼ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▼ 4% vs 2024
€ 99,500 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.
€ 43,759
▲ 190% 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.
€ 346,959
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 588,945
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 9,001,417 | - | - | - | |
| Gross margin | € 2,732,351 | € 3,020,393 | € 2,922,797 | € 3,008,155 | ▲ 3% |
| Profit after taxes | € 721,826 | € 488,118 | € 612,650 | € 610,108 | |
| Equity | € 1,204,745 | € 992,863 | € 756,733 | € 791,589 | ▲ 5% |
| Total debts | € 3,585,471 | € 4,699,090 | € 5,189,781 | € 4,909,956 | ▼ 5% |
| Cash | € 1,106,782 | € 1,565,353 | € 2,270,923 | € 495,016 | ▼ 78% |
| Retained profit | € 804,745 | € 592,863 | € 356,733 | € 323,011 | ▼ 9% |
| Dividend | € 455,000 | € 700,000 | € 800,000 | € 600,000 | ▼ 25% |
| Balance sheet total | € 4,800,599 | € 5,791,246 | € 6,048,453 | € 5,800,039 | ▼ 4% |
| Employees (FTE) | 22.7 | 22.9 | 19.5 | 17.8 | ▼ 1.7 |
Key figures of Société pour l'Hydraulique, l'Environnement et la Réhabilitation, 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 Société pour l'Hydraulique, l'Environnement et la Réhabilitation?
What happened at Société pour l'Hydraulique, l'Environnement et la Réhabilitation in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Thierry LASSALLE stepped down as director. NBB
- Sebastien PAILHES stepped down as director. NBB
- Armelle VALENTIN stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 610,108. Source: NBB ↗
- Thierry LASSALLE became a director. NBB
- Bruno DETIENNE stepped down as director. NBB
- Armelle VALENTIN became a director. NBB
- Bruno DETIENNE became a director. NBB
In short
From € 721,826 profit in 2022 to € 610,108 profit in 2025.
Paid € 807,537 in corporate taxes since 2022.
Best year ever: 2022, with € 721,826 profit.
On average € 169,000 of value added per employee in 2025.
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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
It owns 100% of Artelia Great Lakes itself.
Directors
According to the 2025 annual accounts
Thierry LASSALLE
Director
since 2026 · until 2029
Sebastien PAILHES
Managing director
since 2022 · until 2028
since 2023 · until 2026
Armelle VALENTIN
Director
since 2024 · until 2027
Establishments
Establishment units
Physical locations of this company
Rue Jean Matagne(VD) 15
5020 Namur
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.
Details
- Company number
- 0427.749.115
- VAT number
- BE 0427.749.115
- Registered office
- Rue Jean Matagne(VD) 15, 5020 Namur
- Names & denominations
- Société pour l'Hydraulique, l'Environnement et la Réhabilitation · "SHER Ingénieurs-Conseils s.a." ou "SHER"
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 September 1985
- Peppol
- Active · Active since 13 Nov 2025
- Activities · NACE
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