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 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SALT WATERS from Laarne, company number BE0467467051, closed financial year 2025 with a result of € -25,137 after tax. For that financial year SALT WATERS recorded a gross margin of € -11,183 and equity of € -946. Compared with financial year 2024, the result moved from € -45,939 to € -25,137. 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 June 29, 2026.
€ -946
▼ € 25,137 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -25,137
▲ 45 % less loss than in 2024
Profit after tax over the fiscal year.
€ 764
▼ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -66,846.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 3,907
▼ 75% 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.
€ 1,383
▲ € 1,147 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 303
▼ 82% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 28,070 | € -36,025 | € -28,486 | € -11,183 | ▲ € 17,303 |
| Profit after taxes | € 11,340 | € -50,878 | € -45,939 | € -25,137 | ▲ € 20,802 |
| Equity | € 147,008 | € 96,130 | € 24,191 | € -946 | ▼ € 25,137 |
| Total debts | € 16,752 | € 4,241 | € 2,565 | € 14,386 | ▲ € 11,822 |
| Cash | € 18,045 | € 1,527 | € 1,126 | € 764 | ▼ 32% |
| Retained profit | € 55,108 | € 4,230 | € -41,709 | € -66,846 | ▼ € 25,137 |
| Dividend | € 800 | € 0 | € 0 | € 0 | |
| Bank debt | € 13,655 | € 3,570 | € 41 | € 0 | ▼ 100% |
| Balance sheet total | € 163,760 | € 100,371 | € 26,756 | € 13,441 | ▼ 50% |
Key figures of SALT WATERS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 July 2027.
What happened to SALT WATERS?
What happened at SALT WATERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 25,137. Source: NBB ↗
- New establishment in Laarne. KBO
- Start of the company according to the CBE. KBO
- Philippe Cnops became a director. NBB
In short
From € 11,340 profit in 2022 to € 25,137 loss in 2025.
Paid € 5,009 in corporate taxes since 2022.
Best year ever: 2022, with € 11,340 profit.
Paid out € 800 in dividends to the owners in total.
Management
Behind SALT WATERS is Philippe Cnops.
Directors
According to the 2025 annual accounts
Philippe Cnops
Director
since 1999
Establishments
Establishment units
Physical locations of this company
Zauwerstraat 6
9270 Laarne
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
- 0467.467.051
- VAT number
- BE 0467.467.051
- Registered office
- Zauwerstraat 6, 9270 Laarne
- Names & denominations
- SALT WATERS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 November 1999
- Peppol
- Active · Active since 5 Aug 2025
- Activities · NACE
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