Active · per the CBE, 16 September 2026
Pantarein Water logo

Pantarein Water

BE0635938532

Rechtspersoon Private limited company 2 establishments

Pantarein Water is a civil engineering contractor in Mechelen. Private Limited, started on 1 September 2015, 2 establishments.

Egide Walschaertsstraat 22, 2800 Mechelen pantareinwater.be

Behind the company: KORYS MANAGEMENT NV, WATER INVEST BV.

Active for

11 year

Financials

Financial year 2025

Pantarein Water from Mechelen, company number BE0635938532, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year Pantarein Water recorded revenue of € 17.3 million and equity of € 5.3 million. Compared with financial year 2024, the result moved from € 1.7 million to € 1.3 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 July 23, 2026.

What it is worth Growing

€ 5.3 million

▲ 11% vs 2024

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

Profit Healthy

€ 1.3 million

▼ 23% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.5 million

▼ 32% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 5.3 million.

People and assets in 2025

Full-time equivalents

43.9

▲ 2.6 vs 2024

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

Wage cost

€ 3.8 million

▲ 6% vs 2024

€ 85,700 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.

Vehicles and equipment

€ 681,866

▲ 30% vs 2024

Of which on lease € 20,754.

Debts at end 2025

Bank debt ≈ 8 years to go

€ 5.2 million

▲ 42% vs 2024

€ 672,711 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 1.9 million

▼ 27% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 62 days on average.

Taxes and wages

€ 534,397

▼ 36% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 9,130,880 € 11,149,446 € 16,867,487 € 17,279,692 ▲ 2%
Profit after taxes € 459,526 € 702,767 € 1,740,364 € 1,344,713 ▼ 23%
Equity € 2,619,357 € 3,586,174 € 4,789,126 € 5,296,238 ▲ 11%
Total debts € 3,878,307 € 8,681,456 € 9,119,142 € 11,272,527 ▲ 24%
Cash € 958,504 € 948,372 € 2,287,149 € 1,548,346 ▼ 32%
Retained profit € 2,600,757 € 3,188,524 € 4,432,088 € 5,277,638 ▲ 19%
Bank debt € 1,271,464 € 4,239,555 € 3,670,166 € 5,224,807 ▲ 42%
Balance sheet total € 6,795,164 € 12,667,130 € 14,022,716 € 16,974,820 ▲ 21%
Employees (FTE) 34 36.5 41.3 43.9 ▲ 2.6

Key figures of Pantarein Water, 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 Pantarein Water?

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

  • New annual accounts for financial year 2025: profit of € 1.3 million (▼ 23% vs 2024). Source: NBB ↗
  • KORYS MANAGEMENT NV became a director. NBB
  • WATER INVEST BV became a director. NBB
  • New establishment in Mechelen. KBO
  • New establishment in Mechelen. KBO
  • Start of the company according to the CBE. KBO

In short

From € 459,526 profit in 2022 to € 1.3 million profit in 2025.

Paid € 1.3 million in corporate taxes since 2022.

Best year ever: 2024, with € 1.7 million profit.

Pays suppliers within 62 days on average.

Management

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

Pantarein Water

Behind Pantarein Water are KORYS MANAGEMENT NV and WATER INVEST BV. The shares are held by Pantarein Holding (68.3%) and Pantarein (19.9%).

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Directors

According to the 2025 annual accounts

KORYS MANAGEMENT NV

Director · represented by Hilde VAN DER STRAETEN

Also active at: Colruyt Group, GINSTBRONNEN, reMYND, D-DRINKS GROUP, FLUVES, SOFINDEV IV, URBANTZ, Sitemark +19 more

since 2025

WATER INVEST BV

Director · represented by Piet DE LANGHE

since 2025

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Egide Walschaertsstraat 22

2800 Mechelen

2.245.163.087

Egide Walschaertsstraat 22M

2800 Mechelen

Active since 1 September 2015

2.372.114.214

Egide Walschaertsstraat 22 box i

2800 Mechelen

Active since 1 January 2025

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.

Website

Technologies

Google Tag ManagerNginx

Certifications & Partners

VCAVCA*VCA**

Hosting & Email

Email provider

Self-hosted

Hosting

COMBELL-AS, BE

Website info

HTTPS Ja
Languages EN, FR, NL
Copyright 2026

Features

Ads

Security

HTTPS
SPF
DMARC

Network

IPv6

Details

Company number
0635.938.532
VAT number
BE 0635.938.532
Registered office
Egide Walschaertsstraat 22, 2800 Mechelen
Names & denominations
Pantarein Water
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
1 September 2015
Peppol
Active · Active since 10 Dec 2025
Activities · NACE

Bouw van rioleringen

Waterbouw, muv baggerwerken

Afvalwaterafvoer

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Frequently asked questions

What does Pantarein Water do?
Pantarein Water is a civil engineering contractor in Mechelen. Private Limited, started on 1 September 2015, 2 establishments.
What is the address of Pantarein Water?
The registered office of Pantarein Water is located at Egide Walschaertsstraat 22, 2800 Mechelen.
Is Pantarein Water still active?
Yes. According to the CBE (16 September 2026) Pantarein Water is active, legal situation “Normale toestand”, started on 1 September 2015.
Is Pantarein Water registered on Peppol?
Yes, Pantarein Water is registered on the Peppol network with ID 0208:0635938532.
What is the enterprise number of Pantarein Water?
The enterprise number of Pantarein Water is BE0635938532.
When was Pantarein Water founded?
Pantarein Water was founded on 1 September 2015.