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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Strategic Water from Gent, company number BE0681409954, closed financial year 2025 with a result of € 6,914 after tax. For that financial year Strategic Water recorded a gross margin of € 8,383 and equity of € -111,613. Compared with financial year 2024, the result moved from € -3,062 to € 6,914. Profitable, and profit is growing. 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.
€ -111,613
▲ € 6,914 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,914
▲ still € 3,062 loss in 2024
Profit after tax over the fiscal year.
€ 11,984
▲ € 11,971 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -119,613.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 525
▲ 206% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,440
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 | € -354 | € 2,431 | € -2,527 | € 8,383 | ▲ € 10,911 |
| Profit after taxes | € -1,006 | € 1,340 | € -3,062 | € 6,914 | ▲ € 9,977 |
| Equity | € -116,806 | € -115,466 | € -118,528 | € -111,613 | ▲ € 6,914 |
| Total debts | € 138,116 | € 116,451 | € 118,541 | € 134,875 | ▲ 14% |
| Cash | € 1,062 | € 834 | € 13 | € 11,984 | ▲ € 11,971 |
| Retained profit | € -124,806 | € -123,466 | € -126,528 | € -119,613 | ▲ € 6,914 |
| Balance sheet total | € 21,311 | € 985 | € 13 | € 23,262 | ▲ € 23,249 |
Key figures of Strategic 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 Strategic Water?
What happened at Strategic 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 € 6,914. Source: NBB ↗
- New establishment in Gent. KBO
- Stephen Andersen became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,006 loss in 2022 to € 6,914 profit in 2025.
Best year ever: 2025, with € 6,914 profit.
Management
Behind Strategic Water is Stephen Andersen.
Directors
According to the 2025 annual accounts
Stephen Andersen
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Nieuwbrugkaai 62
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0681.409.954
- VAT number
- BE 0681.409.954
- Registered office
- Nieuwbrugkaai 62, 9000 Gent
- Names & denominations
- Strategic Water
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 September 2017
- Peppol
- Active · Active since 30 Oct 2023
- Activities · NACE
Activiteiten van hoofdkantoren
Overige zakelijke dienstverlening, neg