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 45 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 3 to 1.5.
Financials
Financial year 2025
NEW WATER from Aalter, company number BE0841816379, closed financial year 2025 with a result of € 49,009 after tax. For that financial year NEW WATER recorded a gross margin of € 193,220 and equity of € 167,023. Compared with financial year 2024, the result moved from € 95,929 to € 49,009. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 167,023
▲ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 49,009
▼ 49% vs 2024
Profit after tax over the fiscal year.
€ 312,738
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 160,723.
People and assets in 2025
1.5
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 121,896
▼ 33% vs 2024
€ 81,300 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.
€ 68
▼ 99% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 121,482
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,051
▲ 47% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 225,877 | € 171,415 | € 386,595 | € 193,220 | ▼ 50% |
| Profit after taxes | € 123,534 | € -131,751 | € 95,929 | € 49,009 | ▼ 49% |
| Equity | € 153,836 | € 22,085 | € 118,014 | € 167,023 | ▲ 42% |
| Total debts | € 1,677,878 | € 2,181,957 | € 2,205,884 | € 1,298,081 | ▼ 41% |
| Cash | € 193,717 | € 522,618 | € 818,471 | € 312,738 | ▼ 62% |
| Retained profit | € 147,536 | € 15,785 | € 111,714 | € 160,723 | ▲ 44% |
| Balance sheet total | € 1,831,714 | € 2,204,043 | € 2,323,898 | € 1,465,103 | ▼ 37% |
| Employees (FTE) | 1.3 | 3 | 2.1 | 1.5 | ▼ 0.6 |
Key figures of NEW WATER, 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 NEW WATER?
What happened at NEW WATER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 49,009 (▼ 49% vs 2024). filed late Source: NBB ↗
- New establishment in Aalter. KBO
- Start of the company according to the CBE. KBO
In short
From € 123,534 profit in 2022 to € 49,009 profit in 2025.
Paid € 51,878 in corporate taxes since 2022.
Best year ever: 2022, with € 123,534 profit.
On average € 128,800 of value added per employee in 2025.
Management
Behind NEW WATER is ADOBEST VOF. ADOBEST VOF is also behind AUGUST DE CLERCQ, INTERGROW, INTERGROW TECHNICS and HESCO.
Directors
According to the 2025 annual accounts
Director · represented by Benedikt AMELOOT
Also active at: AUGUST DE CLERCQ, INTERGROW, INTERGROW TECHNICS, HESCO
Establishments
Establishment units
Physical locations of this company
Zuidleiestraat 10 C
9880 Aalter
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0841.816.379
- VAT number
- BE 0841.816.379
- Registered office
- Zuidleiestraat 10 C, 9880 Aalter
- Names & denominations
- NEW WATER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 December 2011
- Peppol
- Active · Active since 7 Dec 2025
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