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 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AQUAMASTER EUROPE from Pelt, company number BE0461152153, closed financial year 2025 with a result of € 1.8 million after tax. For that financial year AQUAMASTER EUROPE recorded revenue of € 18,000 and equity of € 1 million. Compared with financial year 2024, the result moved from € 719,760 to € 1.8 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 19, 2026.
€ 1 million
▲ 44% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.8 million
▲ 153% vs 2024
Profit after tax over the fiscal year.
€ 305
▼ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.5 million paid out
82 % of the profit went to the shareholders, mostly to Water Is Life Group (100 % of the shares). That is where the money ends up.
Debts at end 2025
€ 338,005
▼ 33% vs 2024
€ 169,020 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 2,463
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 24,000 | € 24,000 | € 18,000 | ▼ 25% |
| Gross margin | € 25,335 | - | - | - | |
| Profit after taxes | € -11,169 | € -94,476 | € 719,760 | € 1,819,857 | ▲ 153% |
| Equity | € 95,245 | € 769 | € 720,529 | € 1,040,386 | ▲ 44% |
| Total debts | € 2,872,694 | € 2,757,734 | € 1,352,203 | € 2,613,309 | ▲ 93% |
| Cash | € 196,583 | € 278 | € 43,640 | € 305 | ▼ 99% |
| Retained profit | € 33,245 | € -61,231 | € 658,529 | € 978,386 | ▲ 49% |
| Dividend | € 0 | € 0 | € 0 | € 1,500,000 | |
| Bank debt | € 845,065 | € 676,045 | € 507,025 | € 338,005 | ▼ 33% |
| Balance sheet total | € 2,967,939 | € 2,758,503 | € 2,072,732 | € 3,653,695 | ▲ 76% |
Key figures of AQUAMASTER EUROPE, 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 AQUAMASTER EUROPE?
What happened at AQUAMASTER EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Patricia Palmans stepped down as director. NBB
- Reinier Teunissen stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.8 million (▲ 153% vs 2024). Source: NBB ↗
- Patricia Palmans became a director. NBB
- Reinier Teunissen became a director. NBB
- New establishment in Pelt. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,169 loss in 2022 to € 1.8 million profit in 2025.
Best year ever: 2025, with € 1.8 million profit.
Paid out € 1.5 million in dividends to the owners in total.
Management
The shares are held by Water Is Life Group (100%). It owns 50% of Orlando itself.
Directors
According to the 2025 annual accounts
Patricia Palmans
Director
Also active at: TRIPLE X, PARECO Real Estate & Consultancy, Palmans@dmin, Saer BeNeLux, Immo Hoge Mauw Arendonk, WATERTECHNIEK TEUNISSEN
since 2024 · until 2029
Reinier Teunissen
Managing director
Also active at: MOORIS PUMPS & IRRIGATION, Water Is Life Group, SalixCo, Geo Systems International, Immo Hoge Mauw Arendonk, EEB VALVES
since 2024 · until 2029
Shareholders
100%
Participations
Orlando
50%
Establishments
Establishment units
Physical locations of this company
Leo Baekelandlaan 5209
3900 Pelt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0461.152.153
- VAT number
- BE 0461.152.153
- Registered office
- Leo Baekelandlaan 5209, 3900 Pelt
- Names & denominations
- AQUAMASTER EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 July 1997
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering