Financials
Financial year 2025
Waterschoot Metalworks from Stekene, company number BE0715991246, closed financial year 2025 with a result of € -2,253 after tax. For that financial year Waterschoot Metalworks recorded a gross margin of € 242,278 and equity of € 115,721. Compared with financial year 2024, the result moved from € 3,291 to € -2,253. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.
€ 115,721
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,253
▼ still € 3,291 profit in 2024
Profit after tax over the fiscal year.
€ 17,788
▼ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 97,121.
People and assets in 2025
€ 215,888
▲ 15% 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.
€ 41,314
▲ 150% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 35,090
▲ 272% vs 2024
€ 14,626 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 73,381
▲ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,851
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 299,228 | € 313,570 | € 203,368 | € 242,278 | ▲ 19% |
| Profit after taxes | € 61,417 | € 67,311 | € 3,291 | € -2,253 | ▼ € 5,544 |
| Equity | € 67,372 | € 134,683 | € 117,974 | € 115,721 | ▼ 2% |
| Total debts | € 188,724 | € 105,771 | € 104,293 | € 135,644 | ▲ 30% |
| Cash | € 93,183 | € 309 | € 37,503 | € 17,788 | ▼ 53% |
| Retained profit | € 48,772 | € 116,083 | € 99,374 | € 97,121 | ▼ 2% |
| Dividend | € 30,000 | € 0 | € 20,000 | € 0 | ▼ 100% |
| Bank debt | € 24,802 | € 15,040 | € 9,428 | € 35,090 | ▲ 272% |
| Balance sheet total | € 256,096 | € 240,454 | € 222,267 | € 251,365 | ▲ 13% |
Key figures of Waterschoot Metalworks, 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 Waterschoot Metalworks?
What happened at Waterschoot Metalworks in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,253 (▼ € 5,544 vs 2024). filed late Source: NBB ↗
- Elega Construction BV became a director. NBB
- New establishment in Stekene. KBO
- Start of the company according to the CBE. KBO
- Munio BV became a director. NBB
In short
From € 61,417 profit in 2022 to € 2,253 loss in 2025.
Paid € 53,076 in corporate taxes since 2022.
Best year ever: 2023, with € 67,311 profit.
Paid out € 50,000 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
The stake of Munio comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Waterschoot MetalworksBehind Waterschoot Metalworks are Munio BV and Elega Construction BV. The shares are held by Munio (82%).
Directors
According to the 2025 annual accounts
since 2018
Director · represented by Andreas Elegeert
since 2025
Shareholders
82%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zavelstraat(STE) 33
9190 Stekene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
waterschootmetals.com
Registered
2012-04-18
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-04-18
Website info
Features
Security
Details
- Company number
- 0715.991.246
- VAT number
- BE 0715.991.246
- Registered office
- Zavelstraat(STE) 33, 9190 Stekene
- Names & denominations
- Waterschoot Metalworks
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 2018
- Peppol
- Active · Active since 5 Dec 2025
- Activities · NACE
Verspanend bewerken van metalen
Overige dienstverlenende activiteiten op het gebied van informatie
Overige dienstverlenende activiteiten op het gebied van informatie, n.e. g.
Vervaardiging van metalen constructiewerken en delen daarvan
Coating van metalen
Groothandel in metalen en metaalertsen
Overige gespecialiseerde bouwactiviteiten, neg
Overige zakelijke dienstverlening, neg
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