Financials
Financial year 2025
Waterland vzw from Gent, company number BE0689591509, closed financial year 2025 with a result of € -604 after tax. For that financial year Waterland vzw recorded revenue of € 79,431 and equity of € 29,368. Compared with financial year 2024, the result moved from € 4,404 to € -604. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 29,368
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -604
▼ still € 4,404 profit in 2024
Profit after tax over the fiscal year.
€ 84,172
▲ 136% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
€ 180,876
▲ 172% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 90,000
▲ 50% vs 2024
€ 30,000 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2,341
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 48,681
▲ 96% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 50,135 | € 108,153 | € 65,766 | € 79,431 | ▲ 21% |
| Gross margin | € 3,266 | € 21,190 | € 74,362 | € 185,780 | ▲ 150% |
| Profit after taxes | € 3,219 | € 20,600 | € 4,404 | € -604 | ▼ € 5,009 |
| Equity | € 4,968 | € 25,568 | € 29,973 | € 29,368 | ▼ 2% |
| Total debts | € 122,441 | € 56,691 | € 126,342 | € 168,398 | ▲ 33% |
| Cash | € 111,328 | € 28,510 | € 35,715 | € 84,172 | ▲ 136% |
| Retained profit | € 4,968 | € 25,568 | € 29,973 | € 29,368 | ▼ 2% |
| Bank debt | € 0 | € 0 | € 60,000 | € 90,000 | ▲ 50% |
| Balance sheet total | € 127,409 | € 82,259 | € 156,314 | € 197,767 | ▲ 27% |
Key figures of Waterland vzw, 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 Waterland vzw?
What happened at Waterland vzw in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 604 (▼ € 5,009 vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,219 profit in 2022 to € 604 loss in 2025.
Best year ever: 2023, with € 20,600 profit.
Management
Behind Waterland vzw are Elina Bennetsen, Bram Abrams, Henri Lebbe, Dré Maes, Hannes Cosyns and Karolien Van Dyck.
Directors
According to the 2025 annual accounts
Elina Bennetsen
Director
Bram Abrams
Director
Henri Lebbe
Director
Dré Maes
Director
Hannes Cosyns
Director
Karolien Van Dyck
Director
Ann Crabbé
Director
Establishments
Establishment units
Physical locations of this company
Gentbruggekouter 56
9050 Gent
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
- 0689.591.509
- VAT number
- BE 0689.591.509
- Registered office
- Gentbruggekouter 56, 9050 Gent
- Names & denominations
- Waterland vzw · Waterland
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 30 January 2018
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
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