Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 54 to 45.8.
Financials
Financial year 2025
NESTLE WATERS BENELUX from Etalle, company number BE0440979321, closed financial year 2025 with a result of € 146,862 after tax. For that financial year NESTLE WATERS BENELUX recorded revenue of € 13.5 million and equity of € 9 million. Compared with financial year 2024, the result moved from € -4.1 million to € 146,862. 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 May 6, 2026.
€ 9 million
▲ € 13.1 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 146,862
▲ still € 4.1 million loss in 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -9.6 million.
People and assets in 2025
45.8
▼ 4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.6 million
▼ 2% vs 2024
€ 79,100 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.
€ 60,756
▼ 6% 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.
€ 1.6 million
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 70 days on average.
€ 523,884
▲ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 17,466,063 | € 17,042,847 | € 15,607,994 | € 13,464,930 | ▼ 14% |
| Profit after taxes | € 124,174 | € -541,307 | € -4,116,690 | € 146,862 | ▲ € 4.3 million |
| Equity | € 519,259 | € -22,048 | € -4,138,738 | € 9,008,124 | ▲ € 13.1 million |
| Total debts | € 12,393,389 | € 13,437,411 | € 14,276,993 | € 2,119,395 | ▼ 85% |
| Land & buildings | € 2,146,277 | € 1,987,226 | € 1,986,306 | € 1,933,974 | ▼ 3% |
| Retained profit | € -5,081,998 | € -5,623,305 | € -9,739,995 | € -9,593,133 | ▲ € 146,862 |
| Bank debt | € 7,657,786 | € 7,734,011 | € 11,731,279 | € 0 | ▼ 100% |
| Balance sheet total | € 14,178,494 | € 13,415,363 | € 10,138,254 | € 11,127,519 | ▲ 10% |
| Employees (FTE) | 58 | 54 | 49.8 | 45.8 | ▼ 4 |
Key figures of NESTLE WATERS BENELUX, 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 NESTLE WATERS BENELUX?
What happened at NESTLE WATERS BENELUX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 146,862. Source: NBB ↗
- Philippe ANTOINE stepped down as director. NBB
- Robbie VAN WIEMEERSCH stepped down as director. NBB
- Robbie VAN WIEMEERSCH became a director. NBB
- Jean-Mi GODFURNON stepped down as director. NBB
- Philippe ANTOINE became a director. NBB
- Jean-Mi GODFURNON became a director. NBB
- New establishment in Etalle. KBO
In short
From € 124,174 profit in 2022 to € 146,862 profit in 2025.
Paid € 3,179 in corporate taxes since 2022.
Best year ever: 2025, with € 146,862 profit.
Pays suppliers within 70 days on average.
Management
The shares are held by EAST SPRINGS INTERNATIONAL B.V (100%).
Directors
According to the 2025 annual accounts
Philippe ANTOINE
Managing director
since 2025 · until 2026
Robbie VAN WIEMEERSCH
Director
since 2026 · until 2026
Jean-Mi GODFURNON
Director
since 2025 · until 2026
Shareholders
EAST SPRINGS INTERNATIONAL B.V
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue du Bois 100
6740 Etalle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.979.321
- VAT number
- BE 0440.979.321
- Registered office
- Rue du Bois 100, 6740 Etalle
- Names & denominations
- NESTLE WATERS BENELUX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 June 1990
- Peppol
- Active · Active since 31 Dec 2025
- Contact
- nestle.be
- Activities · NACE
Vervaardiging van frisdranken en water in flessen
Productie van mineraalwater en frisdranken