Financials
Financial year 2024
H2O RENOVATION from Brussel, company number BE0676666654, closed financial year 2024 with a result of € 42,499 after tax. For that financial year H2O RENOVATION recorded a gross margin of € 60,498 and equity of € 94,587. Compared with financial year 2023, the result moved from € 38,672 to € 42,499. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2025.
€ 94,587
▲ 19% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 42,499
▲ 10% vs 2023
Profit after tax over the fiscal year.
€ 126,158
▲ 68% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 27,548 paid out
65 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 4,573
▲ 97% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 60,000
€ 11,177 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 4,365
▲ 67% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 23,879
▲ 18% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 37,425 | € 61,571 | € 55,390 | € 60,498 | ▲ 9% |
| Profit after taxes | € 26,387 | € 46,779 | € 38,672 | € 42,499 | ▲ 10% |
| Equity | € 44,186 | € 65,965 | € 79,636 | € 94,587 | ▲ 19% |
| Total debts | € 69,869 | € 68,990 | € 68,258 | € 116,349 | ▲ 70% |
| Cash | € 44,913 | € 72,386 | € 75,185 | € 126,158 | ▲ 68% |
| Retained profit | € 37,986 | € 59,765 | € 73,436 | € 88,387 | ▲ 20% |
| Dividend | € 15,000 | € 25,000 | € 25,000 | € 27,548 | ▲ 10% |
| Bank debt | € 603 | € 0 | € 0 | € 60,000 | |
| Balance sheet total | € 114,055 | € 134,954 | € 147,894 | € 210,936 | ▲ 43% |
Key figures of H2O RENOVATION, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to H2O RENOVATION?
What happened at H2O RENOVATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 42,499 (▲ 10% vs 2023). filed late Source: NBB ↗
- New establishment in Vilvoorde. KBO
- OLTJAN BERZIU became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 26,387 profit in 2021 to € 42,499 profit in 2024.
Paid € 39,223 in corporate taxes since 2021.
Best year ever: 2022, with € 46,779 profit.
Paid out € 92,548 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
Behind H2O RENOVATION is OLTJAN BERZIU.
Directors
According to the 2024 annual accounts
OLTJAN BERZIU
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Ijzerkruisenlaan 7
1120 Brussel
Stationplein 8
1800 Vilvoorde
Active since 1 November 2017
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
- 0676.666.654
- VAT number
- BE 0676.666.654
- Registered office
- Ijzerkruisenlaan 7, 1120 Brussel
- Names & denominations
- H2O RENOVATION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 June 2017
- Peppol
- Active · Active since 22 Feb 2025
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Cafés en bars
Sanitaire werkzaamheden