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 32 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
POLLET WATER GROUP from Koekelare, company number BE0832152409, closed financial year 2025 with a result of € 26 million after tax. For that financial year POLLET WATER GROUP recorded revenue of € 22.5 million and equity of € 104 million. Compared with financial year 2023, the result moved from € 4.8 million to € 26 million. Profitable, and profit is growing. 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 July 15, 2026.
€ 104 million
▼ 28% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 26 million
▲ € 21.2 million vs 2023
Profit after tax over the fiscal year.
€ 381,253
▼ 92% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 71.3 million.
People and assets in 2025
4.7
▼ 12.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 778,795
▼ 33% vs 2023
€ 165,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 123,181
▼ 60% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 95.6 million
▲ 17% vs 2023
€ 15.9 million is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 1.2 million
▼ 47% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 20 days on average.
€ 149,945
▼ 59% vs 2023
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 21,148,152 | € 22,538,364 | ▲ 7% |
| Gross margin | € 2,100,528 | € 2,033,085 | - | - | |
| Profit after taxes | € 10,161,065 | € 17,898,469 | € 4,774,177 | € 25,950,422 | ▲ € 21.2 million |
| Equity | € 122,536,517 | € 140,434,986 | € 145,209,163 | € 103,968,699 | ▼ 28% |
| Total debts | € 90,309,740 | € 101,134,289 | € 123,522,158 | € 111,356,568 | ▼ 10% |
| Cash | € 1,880,551 | € 1,697,814 | € 4,995,952 | € 381,253 | ▼ 92% |
| Retained profit | € 57,599,617 | € 75,498,086 | € 80,272,263 | € 71,329,462 | ▼ 11% |
| Bank debt | € 52,553,712 | € 66,110,765 | € 81,883,223 | € 95,601,024 | ▲ 17% |
| Balance sheet total | € 212,846,257 | € 241,569,275 | € 268,731,320 | € 215,325,267 | ▼ 20% |
| Employees (FTE) | 26.2 | 15.2 | 16.9 | 4.7 | ▼ 12.2 |
Key figures of POLLET WATER 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 POLLET WATER GROUP?
What happened at POLLET WATER GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pollet Group stepped down as director. NBB
- Smardix stepped down as director. NBB
- Sven Ameye CV stepped down as director. NBB
- Jacques Pollet stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 26 million (▲ € 21.2 million vs 2023). Source: NBB ↗
- Sven Ameye CV became a director. NBB
- Pollet Group became a director. NBB
- Smardix became a director. NBB
In short
From € 10.2 million profit in 2022 to € 26 million profit in 2025.
Paid € 14,488 in corporate taxes since 2022.
Best year ever: 2025, with € 26 million profit.
On average € 133,800 of value added per employee in 2023.
A new publication or filing at POLLET WATER GROUP? We notify you, reason included.
Follow POLLET WATER GROUPDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 POLLET GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
POLLET WATER GROUPThe shares are held by POLLET GROUP (100%). It owns 100% of Pidgon, 100% of Aquaduct, 100% of PWG Ireland Ltd, 100% of Polletinver SL, 100% of Euraqua UK Ltd and 100% of PWG Spain itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Sofie Pollet
Also active at: POLLET GROUP LOGISTICS, REVOLVE, POLLET POOL GROUP
since 2024 · until 2030
Director · represented by Dimitri Tailleu
Also active at: TERBASSENWEI, STERIMA, EURAQUA-EUROPE, UNIMID, PPG Belgium, ALTRANS, POLLET GROUP, MICRON +14 more
since 2024 · until 2030
Director · represented by Sven Ameye
since 2025 · until 2030
Jacques Pollet
Chairman of the board
Also active at: DISTIMMO, TERBASSENWEI, STERIMA, UNIMID, POLLET POOL GROUP, ALTRANS, POLLET GROUP, IZCAR +11 more
since 2024 · until 2030
Shareholders
100%
Participations
100%
100%
PWG Ireland Ltd
100%
Polletinver SL
100%
Euraqua UK Ltd
100%
PWG Spain
100%
PWG Italia SRL
100%
CTA
100%
100%
Wycombe Water Ltd
100%
100%
Alamo Water Poland SpZoo
100%
Kennet Water Components Ltd
100%
TES Water Trreatment GmbH
100%
Groupe GM SAS
100%
Klar Water Solutions GmbH
100%
100%
Watertec GmbH
100%
Cappers SAS
100%
PWG France SAS
100%
100%
Fegon
100%
100%
Esli
85%
Pollet Water Group Portugal LDA
60%
10%
Establishments
Establishment units
Physical locations of this company
Brouwerijstraat 14
8680 Koekelare
Textielstraat 13
8790 Waregem
Active since 1 April 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →TERBASSENWEI same network
€ 3 million gross margin · 2025
UNIMID same network
€ -249,093 gross margin · 2025
PPG Belgium same network
€ 33.4 million revenue · 2025
ALTRANS same network
€ 824,938 gross margin · 2025
POLLET GROUP same network
€ 7.8 million revenue · 2025
+12 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
- 0832.152.409
- VAT number
- BE 0832.152.409
- Registered office
- Brouwerijstraat 14, 8680 Koekelare
- Names & denominations
- POLLET WATER GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2010
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in andere machines en werktuigen, neg
Winning, behandeling en distributie van water
Groothandel in andere machines en werktuigen, n.e.g.
Activiteiten van holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Niet-gespecialiseerde groothandel
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Holdings