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 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ART D’EAU GROUP from Sint-Truiden, company number BE0794792165, closed financial year 2025 with a result of € 492,464 after tax. For that financial year ART D’EAU GROUP recorded a gross margin of € 426,327 and equity of € 2.7 million. Compared with financial year 2024, the result moved from € 2 million to € 492,464. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 2.7 million
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 492,464
▼ 75% vs 2024
Profit after tax over the fiscal year.
€ 105,569
▲ 239% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 108,000 paid out
22 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
€ 7.6 million
▼ 11% vs 2024
€ 944,334 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 65,301
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,140
▼ 18% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 478,265 | € 248,050 | € 426,327 | ▲ 72% |
| Profit after taxes | € 8,520 | € 1,983,857 | € 492,464 | ▼ 75% |
| Equity | € 308,520 | € 2,292,377 | € 2,676,841 | ▲ 17% |
| Total debts | € 11,612,614 | € 9,490,604 | € 9,374,759 | ▼ 1% |
| Cash | € 230,928 | € 31,112 | € 105,569 | ▲ 239% |
| Retained profit | € 8,520 | € 1,992,377 | € 2,376,841 | ▲ 19% |
| Dividend | € 0 | € 0 | € 108,000 | |
| Bank debt | € 11,370,000 | € 8,491,173 | € 7,580,181 | ▼ 11% |
| Balance sheet total | € 11,921,135 | € 11,782,982 | € 12,051,600 | ▲ 2% |
Key figures of ART D’EAU GROUP, fiscal years 2023 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 ART D’EAU GROUP?
What happened at ART D’EAU GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 492,464 (▼ 75% vs 2024). Source: NBB ↗
- Elien Vaes stepped down as director. NBB
- Kobracon BV became a director. NBB
- New establishment in Sint-Truiden. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,520 profit in 2023 to € 492,464 profit in 2025.
Paid € 2,840 in corporate taxes since 2023.
Best year ever: 2024, with € 2 million profit.
Paid out € 108,000 in dividends to the owners in total.
Management
Behind ART D’EAU GROUP are LONCIN PHILIPPE BV, Kobracon BV and A.H.M. SARL-S. It owns 100% of Art d'Eau LUX, 100% of Art d'Eau and 50% of Surlo itself.
Directors
According to the 2025 annual accounts
since 2024
Establishments
Establishment units
Physical locations of this company
Lichtenberglaan 2070
3800 Sint-Truiden
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.
Details
- Company number
- 0794.792.165
- VAT number
- BE 0794.792.165
- Registered office
- Lichtenberglaan 2070, 3800 Sint-Truiden
- Names & denominations
- ART D’EAU GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 2022
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
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