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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Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
27 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
De Watersnip from Houthalen-Helchteren, company number BE0699903203, closed financial year 2024 with a result of € 153,480 after tax. For that financial year De Watersnip recorded a gross margin of € 223,889 and equity of € 26,447. Compared with financial year 2023, the result moved from € 5.4 million to € 153,480. The company is profitable. The buffer shrank hard: equity is 78 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2025.
€ 26,447
▼ 78% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 153,480
▼ 97% vs 2023
Profit after tax over the fiscal year.
€ 176,273
▼ 57% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 250,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2024
€ 405,821
▼ 71% vs 2023
Loans from banks and other lenders, long and short.
€ 26,288
▼ 97% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 19,139
▼ 94% 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 | € -41,716 | € -36,803 | € 7,225,901 | € 223,889 | ▼ 97% |
| Profit after taxes | € -77,159 | € -82,409 | € 5,389,003 | € 153,480 | ▼ 97% |
| Equity | € -183,626 | € -266,035 | € 122,968 | € 26,447 | ▼ 78% |
| Total debts | € 9,189,164 | € 26,887,418 | € 7,460,204 | € 869,248 | ▼ 88% |
| Cash | € 971,768 | € 2,574,620 | € 408,350 | € 176,273 | ▼ 57% |
| Retained profit | € -202,226 | € -284,635 | € 104,368 | € 7,847 | ▼ 92% |
| Dividend | € 0 | € 0 | € 5,000,000 | € 250,000 | ▼ 95% |
| Bank debt | € 3,359,889 | € 2,545,836 | € 1,389,239 | € 405,821 | ▼ 71% |
| Balance sheet total | € 9,005,538 | € 26,621,383 | € 7,583,172 | € 895,695 | ▼ 88% |
Key figures of De Watersnip, 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 De Watersnip?
What happened at De Watersnip in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 153,480 (▼ 97% vs 2023). filed late Source: NBB ↗
- New establishment in Houthalen-Helchteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 77,159 loss in 2021 to € 153,480 profit in 2024.
Paid € 1.8 million in corporate taxes since 2021.
Best year ever: 2023, with € 5.4 million profit.
Paid out € 5.3 million in dividends to the owners in total.
A new publication or filing at De Watersnip? We notify you, reason included.
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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
The stake of GINCO PROPERTIES, Group GL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
De WatersnipBehind De Watersnip are John Lenaers, Cathérine Vermeulen, GROUP GL NV and GINCO PROPERTIES NV. The shares are held by GINCO PROPERTIES (50%) and Group GL (50%).
Directors
According to the 2024 annual accounts
John Lenaers
Director
Cathérine Vermeulen
Director
Also active at: Becar, GINCO PROPERTIES, Apoidea, GINCO PROJECTS, GINCO SALES & SERVICES, Kruisheren Diest, Sint-Barbara Diest, Warande Projects +2 more
Managing director · represented by Ghislain Lenaers
Also active at: WINKELCENTRUM ZUIDERRING, GL FOOD MARKET, BREON, BREE RESIDENTIAL, Bree Retail BV, MOLENWEIDE VASTGOED
Managing director · represented by Olivier Hendrickx
Also active at: Kruisheren Diest, Sint-Barbara Diest, Warande Projects
Shareholders
50%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
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
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