What does De Watersnip do?

De Watersnip is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Private Limited, started on 13 July 2018, 1 establishment.

What is the address of De Watersnip?

The registered office of De Watersnip is located at Centrum-Zuid 3053, 3530 Houthalen-Helchteren.

Is De Watersnip still active?

Yes. According to the CBE (29 October 2026) De Watersnip is active, legal situation “Normale toestand”, started on 13 July 2018.

Is De Watersnip registered on Peppol?

Yes, De Watersnip is registered on the Peppol network with ID 0208:0699903203.

What is the enterprise number of De Watersnip?

The enterprise number of De Watersnip is BE0699903203.

When was De Watersnip founded?

De Watersnip was founded on 13 July 2018.

Who are the directors of De Watersnip?

According to the 2025 annual accounts, the directors of De Watersnip are: Cathérine Vermeulen, Group GL NV, Ginco Properties NV, John Lenaers.

Is De Watersnip a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 July 2018; 6 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did De Watersnip make in 2025?

De Watersnip posted a profit after taxes of € 98,374 in financial year 2025.

What is the revenue of De Watersnip?

As a small company, De Watersnip is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 190,087.

De Watersnip (Private Limited) - Houthalen-Helchteren

Dossier De Watersnip, printed on 29 October 2026 from databakkes.be/en/0699903203/de-watersnip. 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.

Busy address KBO

27 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

De Watersnip from Houthalen-Helchteren, company number BE0699903203, closed financial year 2025 with a result of € 98,374 after tax. For that financial year De Watersnip recorded a gross margin of € 190,087 and equity of € 124,821. Compared with financial year 2024, the result moved from € 153,480 to € 98,374. The company is profitable. 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 September 30, 2026.

What it is worth Growing

€ 124,821

▲ € 98,374 vs 2024

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

Profit Healthy

€ 98,374

▼ 36% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 42,335

▼ 76% 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 € 106,221.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 6,391

▼ 76% vs 2024

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

Taxes

€ 54,990

▲ 187% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -36,803 Gross margin 2022: € -36,803 First fiscal year in the series	€ 7,225,901 Gross margin 2023: € 7,225,901 ▲ € 7.3 million vs 2022 (€ -36,803) Favourable step	€ 223,889 Gross margin 2024: € 223,889 ▼ 97% vs 2023 (€ 7,225,901) Unfavourable step	€ 190,087 Gross margin 2025: € 190,087 ▼ 15% vs 2024 (€ 223,889) Unfavourable step	▼ 15%
Profit after taxes	€ -82,409 Profit after taxes 2022: € -82,409 First fiscal year in the series	€ 5,389,003 Profit after taxes 2023: € 5,389,003 ▲ € 5.5 million vs 2022 (€ -82,409) Favourable step	€ 153,480 Profit after taxes 2024: € 153,480 ▼ 97% vs 2023 (€ 5,389,003) Unfavourable step	€ 98,374 Profit after taxes 2025: € 98,374 ▼ 36% vs 2024 (€ 153,480) Unfavourable step	▼ 36%
Equity	€ -266,035 Equity 2022: € -266,035 First fiscal year in the series	€ 122,968 Equity 2023: € 122,968 ▲ € 389,003 vs 2022 (€ -266,035) Favourable step	€ 26,447 Equity 2024: € 26,447 ▼ 78% vs 2023 (€ 122,968) Unfavourable step	€ 124,821 Equity 2025: € 124,821 ▲ € 98,374 vs 2024 (€ 26,447) Favourable step	▲ € 98,374
Total debts	€ 26,887,418 Total debts 2022: € 26,887,418 First fiscal year in the series	€ 7,460,204 Total debts 2023: € 7,460,204 ▼ 72% vs 2022 (€ 26,887,418) Favourable step	€ 869,248 Total debts 2024: € 869,248 ▼ 88% vs 2023 (€ 7,460,204) Favourable step	€ 61,381 Total debts 2025: € 61,381 ▼ 93% vs 2024 (€ 869,248) Favourable step	▼ 93%
Cash	€ 2,574,620 Cash 2022: € 2,574,620 First fiscal year in the series	€ 408,350 Cash 2023: € 408,350 ▼ 84% vs 2022 (€ 2,574,620) Unfavourable step	€ 176,273 Cash 2024: € 176,273 ▼ 57% vs 2023 (€ 408,350) Unfavourable step	€ 42,335 Cash 2025: € 42,335 ▼ 76% vs 2024 (€ 176,273) Unfavourable step	▼ 76%
Retained profit	€ -284,635 Retained profit 2022: € -284,635 First fiscal year in the series	€ 104,368 Retained profit 2023: € 104,368 ▲ € 389,003 vs 2022 (€ -284,635) Favourable step	€ 7,847 Retained profit 2024: € 7,847 ▼ 92% vs 2023 (€ 104,368) Unfavourable step	€ 106,221 Retained profit 2025: € 106,221 ▲ € 98,374 vs 2024 (€ 7,847) Favourable step	▲ € 98,374
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 5,000,000 Dividend 2023: € 5,000,000 Unchanged (€ 0) Unchanged	€ 250,000 Dividend 2024: € 250,000 ▼ 95% vs 2023 (€ 5,000,000) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 250,000) Unchanged	▼ 100%
Bank debt	€ 2,545,836 Bank debt 2022: € 2,545,836 First fiscal year in the series	€ 1,389,239 Bank debt 2023: € 1,389,239 ▼ 45% vs 2022 (€ 2,545,836) Favourable step	€ 405,821 Bank debt 2024: € 405,821 ▼ 71% vs 2023 (€ 1,389,239) Favourable step	€ 0 Bank debt 2025: € 0 ▼ 100% vs 2024 (€ 405,821) Favourable step	▼ 100%
Balance sheet total	€ 26,621,383 Balance sheet total 2022: € 26,621,383 First fiscal year in the series	€ 7,583,172 Balance sheet total 2023: € 7,583,172 ▼ 72% vs 2022 (€ 26,621,383) Unchanged	€ 895,695 Balance sheet total 2024: € 895,695 ▼ 88% vs 2023 (€ 7,583,172) Unchanged	€ 236,202 Balance sheet total 2025: € 236,202 ▼ 74% vs 2024 (€ 895,695) Unchanged	▼ 74%

Key figures of De Watersnip, 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 De Watersnip?

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

Sep 30, 2026 New annual accounts for financial year 2025: profit of € 98,374 (▼ 36% vs 2024). filed late Source: NBB ↗
Oct 1, 2018 New establishment in Houthalen-Helchteren. KBO
Jul 13, 2018 Start of the company according to the CBE. KBO

In short

From € 82,409 loss in 2022 to € 98,374 profit in 2025.

Paid € 1.8 million in corporate taxes since 2022.

Best year ever: 2023, with € 5.4 million profit.

Paid out € 5.3 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

GINCO PROPERTIES 50%

Group GL 50%

The stake of GINCO PROPERTIES, Group GL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

De Watersnip

Behind De Watersnip are Cathérine Vermeulen, Group GL NV, Ginco Properties NV and John Lenaers. The shares are held by GINCO PROPERTIES (50%) and Group GL (50%).

Directors

According to the 2025 annual accounts

Cathérine Vermeulen

Director

Also active at: Becar, GINCO PROPERTIES, Apoidea, GINCO PROJECTS, GINCO SALES & SERVICES, Kruisheren Diest, Sint-Barbara Diest, Warande Projects +2 more

Group GL NV

Managing director · represented by Ghislain Lenaers

Also active at: WINKELCENTRUM ZUIDERRING, GL FOOD MARKET, BREON, BREE RESIDENTIAL, Bree Retail BV, MOLENWEIDE VASTGOED

Ginco Properties NV

Managing director · represented by Olivier Hendrickx

Also active at: Kruisheren Diest, Sint-Barbara Diest, Warande Projects

John Lenaers

Director

Shareholders

GINCO PROPERTIES

50%

Group GL

50%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Centrum-Zuid 3053

3530 Houthalen-Helchteren

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 27 companies are registered at this address.

All companies at this address →

ZUIDERRING INVEST

€ -6,124 gross margin · 2025

Algemene Ondernemingen G. LENAERS

€ 9.4 million revenue · 2025

GROUP GL International

€ 6.9 million revenue · 2025

BSL CONSTRUCT

€ -2,302 gross margin · 2025

MOBILEX

€ 81,619 gross margin · 2025

+22 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: 0699.903.203
VAT number: BE 0699.903.203
Registered office: Centrum-Zuid 3053, 3530 Houthalen-Helchteren
Names & denominations: De Watersnip
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 13 July 2018
Peppol: Active · Active since 2 Dec 2025
Activities · NACE: Ontwikkeling van residentiële bouwprojecten

View on CBE Public ↗ Annual accounts (NBB) ↗