Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Water Is Life Group from Pelt, company number BE0788943065, closed financial year 2025 with a result of € -18.7 million after tax. Compared with financial year 2024, the result moved from € 2 million to € -18.7 million. The company made a loss. The buffer shrank hard: equity is 51 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 18.1 million
▼ 51% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18.7 million
▼ still € 2 million profit in 2024
Profit after tax over the fiscal year.
€ 3,402
▼ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -16.8 million.
Debts at end 2025
€ 100,000
Loans from banks and other lenders, long and short.
€ 1,196
▲ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,414 | - | - | - | |
| Profit after taxes | € -17,293 | € -33,587 | € 1,964,450 | € -18,705,303 | ▼ € 20.7 million |
| Equity | € 34,898,721 | € 34,865,134 | € 36,829,584 | € 18,124,281 | ▼ 51% |
| Total debts | € 612,093 | € 1,115,485 | € 300,947 | € 4,568,158 | ▲ € 4.3 million |
| Cash | € 2,238 | € 5,533 | € 9,369 | € 3,402 | ▼ 64% |
| Retained profit | € -17,293 | € -50,880 | € 1,913,570 | € -16,791,733 | ▼ € 18.7 million |
| Bank debt | € 0 | € 100,000 | € 100,000 | € 100,000 | |
| Balance sheet total | € 35,510,814 | € 35,980,618 | € 37,130,531 | € 22,692,439 | ▼ 39% |
Key figures of Water Is Life Group, 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 Water Is Life Group?
What happened at Water Is Life Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 18.7 million (▼ € 20.7 million vs 2024). Source: NBB ↗
- New establishment in Pelt. KBO
- Rudi Croonen became a director. NBB
- Raf Corten became a director. NBB
- Reinier Teunissen became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 17,293 loss in 2022 to € 18.7 million loss in 2025.
Best year ever: 2024, with € 2 million profit.
Pays suppliers within 140 days on average.
A new publication or filing at Water Is Life Group? 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
Behind Water Is Life Group are Rudi Croonen, Raf Corten and Reinier Teunissen. The shares are held by SalixCo (100%). It owns 100% of Geo Systems International, 100% of Motix, 100% of Aquamaster Europe, 100% of LEO Europe, 100% of Watertechniek Teunissen and 100% of Well Pumps itself.
Directors
According to the 2025 annual accounts
Rudi Croonen
Director
since 2022
since 2022
Reinier Teunissen
Director
Also active at: AQUAMASTER EUROPE, MOORIS PUMPS & IRRIGATION, SalixCo, Geo Systems International, Immo Hoge Mauw Arendonk, EEB VALVES
since 2022
Shareholders
100%
Participations
100%
100%
100%
100%
Establishments
Establishment units
Physical locations of this company
Leo Baekelandlaan 5209
3900 Pelt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
LEVEL27-AS * Please direct all complaints to [email protected] *, BE
DNS
OVH DNS
Domain
Domain
waterislifegroup.com
Registered
2020-09-22
Registrar
OVH, SAS
Expires
2026-09-22
Website info
Features
Security
Network
Details
- Company number
- 0788.943.065
- VAT number
- BE 0788.943.065
- Registered office
- Leo Baekelandlaan 5209, 3900 Pelt
- Names & denominations
- Water Is Life Group · WILG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 July 2022
- Peppol
- Active · Active since 23 Jan 2026
- Contact
- waterislifegroup.com
- Activities · NACE
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