Financials
Financial year 2025
H2eau systems from Geel, company number BE0820176669, closed financial year 2025 with a result of € 37,938 after tax. For that financial year H2eau systems recorded a gross margin of € 270,130 and equity of € 103,184. Compared with financial year 2024, the result moved from € 33,276 to € 37,938. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 103,184
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 37,938
▲ 14% vs 2024
Profit after tax over the fiscal year.
€ 85,104
▲ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 67,439 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 163,353
▲ 35% 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.
€ 46,027
▼ 24% vs 2024
Of which on lease € 38,111.
Debts at end 2025
€ 59,480
▼ 23% vs 2024
€ 16,013 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 51,382
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,278
▲ € 12,127 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 236,815 | € 210,356 | € 208,924 | € 270,130 | ▲ 29% |
| Profit after taxes | € 35,703 | € -1,548 | € 33,276 | € 37,938 | ▲ 14% |
| Equity | € 114,137 | € 113,469 | € 132,686 | € 103,184 | ▼ 22% |
| Total debts | € 177,310 | € 120,064 | € 162,169 | € 212,783 | ▲ 31% |
| Cash | € 0 | - | € 42,797 | € 85,104 | ▲ 99% |
| Retained profit | € 101,737 | € 101,069 | € 132,686 | € 103,184 | ▼ 22% |
| Dividend | € 6,110 | € 0 | € 1,660 | € 67,439 | ▲ € 65,779 |
| Bank debt | € 97,971 | € 83,952 | € 77,727 | € 59,480 | ▼ 23% |
| Balance sheet total | € 291,447 | € 233,533 | € 294,854 | € 315,967 | ▲ 7% |
| Employees (FTE) | - | 2.5 | - | - |
Key figures of H2eau systems, 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 H2eau systems?
What happened at H2eau systems in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 37,938 (▲ 14% vs 2024). Source: NBB ↗
- New establishment in Geel. KBO
- Start of the company according to the CBE. KBO
In short
From € 35,703 profit in 2022 to € 37,938 profit in 2025.
Paid € 51,991 in corporate taxes since 2022.
Best year ever: 2025, with € 37,938 profit.
On average € 84,100 of value added per employee in 2023.
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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 H2eau systems are Steven Michielsen and Hilde Van Reempts.
Directors
According to the 2025 annual accounts
Steven Michielsen
Director
Hilde Van Reempts
Director
Establishments
Establishment units
Physical locations of this company
Poiel 68
2440 Geel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0820.176.669
- VAT number
- BE 0820.176.669
- Registered office
- Poiel 68, 2440 Geel
- Names & denominations
- H2eau systems
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 October 2009
- Peppol
- Active · Active since 24 Jan 2025
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden