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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
WATERLOO from Brussel, company number BE0437793662, closed financial year 2025 with a result of € -429,403 after tax. For that financial year WATERLOO recorded a gross margin of € 181,007 and equity of € -1.6 million. Compared with financial year 2024, the result moved from € -466,448 to € -429,403. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 19, 2026.
€ -1.6 million
▼ € 429,403 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -429,403
▲ 8 % less loss than in 2024
Profit after tax over the fiscal year.
€ 41,200
▼ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.1 million.
People and assets in 2025
€ 32,624
▲ € 32,461 vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,982
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 44
▼ 89% vs 2024
Loans from banks and other lenders, long and short.
€ 12,333
Supplier invoices still open on the last day of the fiscal year.
€ 6,440
▲ 116% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -93,118 | € 7,380 | € 92,818 | € 181,007 | ▲ 95% |
| Profit after taxes | € -506,640 | € -499,018 | € -466,448 | € -429,403 | ▲ € 37,045 |
| Equity | € -222,491 | € -721,509 | € -1,187,957 | € -1,617,360 | ▼ € 429,403 |
| Total debts | € 3,506,318 | € 4,183,057 | € 4,643,136 | € 4,686,218 | ▲ 1% |
| Cash | € 360,826 | € 32,463 | € 60,051 | € 41,200 | ▼ 31% |
| Land & buildings | € 295,510 | € 288,488 | € 281,466 | € 274,445 | ▼ 2% |
| Retained profit | € -666,221 | € -1,165,238 | € -1,631,686 | € -2,061,089 | ▼ € 429,403 |
| Bank debt | € 2 | € 0 | € 396 | € 44 | ▼ 89% |
| Balance sheet total | € 3,283,827 | € 3,461,548 | € 3,455,179 | € 3,068,858 | ▼ 11% |
Key figures of WATERLOO, 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 WATERLOO?
What happened at WATERLOO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Godeliva LAMBREGHTS stepped down as director. NBB
- Willem VEDOVI stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 429,403. filed late Source: NBB ↗
- Godeliva LAMBREGHTS became a director. NBB
- Willem VEDOVI became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 506,640 loss in 2022 to € 429,403 loss in 2025.
Management
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Godeliva LAMBREGHTS
Director
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Waterloolaan 11
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Institut international des Civilisations différentes(Incidi)
Fed. Nat. de la Peche du Commerce et Industrie du Poisson
Secherie Belge
LES AMIS DE L'HOPITAL FRANCAIS REINE ELISABETH
NADINE BAUDHUIN
€ 56,967 gross margin · 2026
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.793.662
- VAT number
- BE 0437.793.662
- Registered office
- Waterloolaan 11, 1000 Brussel
- Names & denominations
- WATERLOO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 June 1989
- Peppol
- Active · Active since 14 Apr 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen