Financials
Financial year 2025
WATERS from Antwerpen, company number BE0453145693, closed financial year 2025 with a result of € 1.9 million after tax. For that financial year WATERS recorded revenue of € 54.9 million and equity of € 10.5 million. Compared with financial year 2024, the result moved from € 2.1 million to € 1.9 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ 10.5 million
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.9 million
▼ 10% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 10.4 million.
People and assets in 2025
64.6
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 10.2 million
▲ 3% vs 2024
€ 157,500 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.
€ 99,917
▼ 23% 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.
€ 10.5 million
▲ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 85 days on average.
€ 4 million
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 40,243,065 | € 53,390,001 | € 49,821,488 | € 54,908,402 | ▲ 10% |
| Profit after taxes | € 1,689,943 | € 3,200,799 | € 2,065,836 | € 1,868,895 | ▼ 10% |
| Equity | € 4,501,309 | € 6,518,105 | € 8,583,941 | € 10,452,835 | ▲ 22% |
| Total debts | € 16,205,941 | € 14,338,099 | € 19,626,867 | € 19,436,996 | ▼ 1% |
| Retained profit | € 4,439,336 | € 6,456,132 | € 8,521,968 | € 10,390,862 | ▲ 22% |
| Dividend | € 0 | € 4,000,000 | € 0 | € 0 | |
| Balance sheet total | € 20,710,165 | € 20,859,119 | € 28,213,723 | € 29,892,746 | ▲ 6% |
| Employees (FTE) | 65.5 | 68.7 | 65.2 | 64.6 | ▼ 0.6 |
Key figures of WATERS, fiscal years 2021 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 WATERS?
What happened at WATERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Stacy Boyle stepped down as director. NBB
- Scott Rudland stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.9 million (▼ 10% vs 2024). Source: NBB ↗
- Scott Rudland became a director. NBB
- Stacy Boyle became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.7 million profit in 2021 to € 1.9 million profit in 2025.
Paid € 3.3 million in corporate taxes since 2021.
Best year ever: 2023, with € 3.2 million profit.
Paid out € 4 million in dividends to the owners in total.
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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
Directors
According to the 2025 annual accounts
Stacy Boyle
Director
since 2022 · until 2028
Scott Rudland
Director
since 2023 · until 2028
Establishments
Establishment units
Physical locations of this company
Berchemstadionstraat 72
2600 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.145.693
- VAT number
- BE 0453.145.693
- Registered office
- Berchemstadionstraat 72, 2600 Antwerpen
- Names & denominations
- WATERS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 July 1994
- Peppol
- Active · Active since 10 Mar 2026
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