What is the address of WATERPAS?

The registered office of WATERPAS is located at Comminnestraat(M) 12, 8552 Zwevegem.

Is WATERPAS still active?

Yes. According to the CBE (29 October 2026) WATERPAS is active, legal situation “Normale toestand”, started on 21 May 2015.

Is WATERPAS registered on Peppol?

Yes, WATERPAS is registered on the Peppol network with ID 0208:0630753881.

What is the enterprise number of WATERPAS?

The enterprise number of WATERPAS is BE0630753881.

When was WATERPAS founded?

WATERPAS was founded on 21 May 2015.

Who are the directors of WATERPAS?

According to the 2025 annual accounts, the directors of WATERPAS are: B-KY BV, DEMOLAR BV, STEVEN MESTDAGH.

Is WATERPAS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 21 May 2015; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did WATERPAS make in 2025?

WATERPAS recorded a loss after taxes of € 34,345 in financial year 2025.

What is the revenue of WATERPAS?

As a small company, WATERPAS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 17,414.

How many employees does WATERPAS have?

According to the 2025 annual accounts, WATERPAS has 0 full-time equivalents (FTE).

WATERPAS (Private Limited) - Zwevegem - BE0630753881

Dossier WATERPAS, printed on 29 October 2026 from databakkes.be/en/0630753881/waterpas. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 3 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

WATERPAS from Zwevegem, company number BE0630753881, closed financial year 2025 with a result of € -34,345 after tax. For that financial year WATERPAS recorded a gross margin of € 17,414 and equity of € -139,367. Compared with financial year 2024, the result moved from € -41,533 to € -34,345. 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 31, 2026.

What it is worth Caution

€ -139,367

▼ € 34,345 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -34,345

▲ 17 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 16

▼ € 6,763 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -145,567.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Debts at end 2025

Bank debt

€ 760,325

▼ 26% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 350

▼ 38% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 108,756 Gross margin 2022: € 108,756 First fiscal year in the series	€ 103,124 Gross margin 2023: € 103,124 ▼ 5% vs 2022 (€ 108,756) Unfavourable step	€ 3,014 Gross margin 2024: € 3,014 ▼ 97% vs 2023 (€ 103,124) Unfavourable step	€ 17,414 Gross margin 2025: € 17,414 ▲ € 14,400 vs 2024 (€ 3,014) Favourable step	▲ € 14,400
Profit after taxes	€ 22,901 Profit after taxes 2022: € 22,901 First fiscal year in the series	€ -81,082 Profit after taxes 2023: € -81,082 ▼ € 103,982 vs 2022 (€ 22,901) Unfavourable step	€ -41,533 Profit after taxes 2024: € -41,533 ▲ € 39,548 vs 2023 (€ -81,082) Favourable step	€ -34,345 Profit after taxes 2025: € -34,345 ▲ € 7,189 vs 2024 (€ -41,533) Favourable step	▲ € 7,189
Equity	€ 17,593 Equity 2022: € 17,593 First fiscal year in the series	€ -63,489 Equity 2023: € -63,489 ▼ € 81,082 vs 2022 (€ 17,593) Unfavourable step	€ -105,022 Equity 2024: € -105,022 ▼ € 41,533 vs 2023 (€ -63,489) Unfavourable step	€ -139,367 Equity 2025: € -139,367 ▼ € 34,345 vs 2024 (€ -105,022) Unfavourable step	▼ € 34,345
Total debts	€ 2,423,755 Total debts 2022: € 2,423,755 First fiscal year in the series	€ 1,727,879 Total debts 2023: € 1,727,879 ▼ 29% vs 2022 (€ 2,423,755) Favourable step	€ 1,099,457 Total debts 2024: € 1,099,457 ▼ 36% vs 2023 (€ 1,727,879) Favourable step	€ 1,151,884 Total debts 2025: € 1,151,884 ▲ 5% vs 2024 (€ 1,099,457) Unfavourable step	▲ 5%
Cash	€ 2,981 Cash 2022: € 2,981 First fiscal year in the series	€ 3,258 Cash 2023: € 3,258 ▲ 9% vs 2022 (€ 2,981) Favourable step	€ 6,779 Cash 2024: € 6,779 ▲ 108% vs 2023 (€ 3,258) Favourable step	€ 16 Cash 2025: € 16 ▼ € 6,763 vs 2024 (€ 6,779) Unfavourable step	▼ € 6,763
Retained profit	€ 11,393 Retained profit 2022: € 11,393 First fiscal year in the series	€ -69,689 Retained profit 2023: € -69,689 ▼ € 81,082 vs 2022 (€ 11,393) Unfavourable step	€ -111,222 Retained profit 2024: € -111,222 ▼ € 41,533 vs 2023 (€ -69,689) Unfavourable step	€ -145,567 Retained profit 2025: € -145,567 ▼ € 34,345 vs 2024 (€ -111,222) Unfavourable step	▼ € 34,345
Bank debt	€ 2,233,544 Bank debt 2022: € 2,233,544 First fiscal year in the series	€ 1,593,652 Bank debt 2023: € 1,593,652 ▼ 29% vs 2022 (€ 2,233,544) Favourable step	€ 1,025,804 Bank debt 2024: € 1,025,804 ▼ 36% vs 2023 (€ 1,593,652) Favourable step	€ 760,325 Bank debt 2025: € 760,325 ▼ 26% vs 2024 (€ 1,025,804) Favourable step	▼ 26%
Balance sheet total	€ 2,441,348 Balance sheet total 2022: € 2,441,348 First fiscal year in the series	€ 1,664,390 Balance sheet total 2023: € 1,664,390 ▼ 32% vs 2022 (€ 2,441,348) Unchanged	€ 994,435 Balance sheet total 2024: € 994,435 ▼ 40% vs 2023 (€ 1,664,390) Unchanged	€ 1,012,517 Balance sheet total 2025: € 1,012,517 ▲ 2% vs 2024 (€ 994,435) Unchanged	▲ 2%

Key figures of WATERPAS, 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 WATERPAS?

What happened at WATERPAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 31, 2026 New annual accounts for financial year 2025: loss of € 34,345. filed late Source: NBB ↗
2021 B-KY BV became a director. NBB
2021 DEMOLAR BV became a director. NBB
2021 STEVEN MESTDAGH became a director. NBB
May 21, 2015 New establishment in Zwevegem. KBO
May 21, 2015 Start of the company according to the CBE. KBO

In short

From € 22,901 profit in 2022 to € 34,345 loss in 2025.

Paid € 3,859 in corporate taxes since 2022.

Best year ever: 2022, with € 22,901 profit.

Original PDFs at the National Bank ↗

Management

Salmanazar 25%

The stake of Salmanazar comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

WATERPAS

Behind WATERPAS are B-KY BV, DEMOLAR BV and STEVEN MESTDAGH. The shares are held by Salmanazar (25%).

Directors

According to the 2025 annual accounts

B-KY BV

Director · represented by GLENN BEECKMANS

Also active at: PROVOOST GEBROEDERS, VANCOILLIE INTERIORS, T.P.M., CORD, Dagobert Holding, JAN ZONDER LAND, Duckstad, TULEBUG +2 more

since 2021

DEMOLAR BV

Director · represented by VIRGINIE VANGHELUWE

Also active at: VICASA

since 2021

STEVEN MESTDAGH

Director

Also active at: BOUWWERKEN EUGENE, TOSS, GHEMES, MAD FOX, Sewolar, Fast Cars, TRIDESTA

since 2021

Shareholders

Salmanazar

25%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Comminnestraat(M) 12

8552 Zwevegem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.

All companies at this address →

Vincere Insieme

€ 21,993 gross margin · 2025

Salmanazar same network

€ -7,042 gross margin · 2025

Bruce Wayne

€ -16,344 gross margin · 2025

Eddie Wollie

€ 51,336 gross margin · 2025

Demolar same network

€ 89,561 gross margin · 2025

+1 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: 0630.753.881
VAT number: BE 0630.753.881
Registered office: Comminnestraat(M) 12, 8552 Zwevegem
Names & denominations: WATERPAS
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 21 May 2015
Peppol: Active · Active since 31 Mar 2026

View on CBE Public ↗ Annual accounts (NBB) ↗

WATERPAS

Warning lights

Financials

What happened to WATERPAS?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions