Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SOETEWATER from Beernem, company number BE0846193158, closed financial year 2025 with a result of € -28,872 after tax. For that financial year SOETEWATER recorded a gross margin of € 54,538 and equity of € 19,674. Compared with financial year 2024, the result moved from € -14,283 to € -28,872. The company made a loss. The buffer shrank hard: equity is 59 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 19,674
▼ 59% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,872
▼ 102 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3,305
▼ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -30,326.
People and assets in 2025
€ 2,150
▼ 8% 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.
€ 386,698
▼ 5% vs 2024
Of which on lease € 384,345.
Debts at end 2025
€ 763,465
▼ 6% vs 2024
€ 50,959 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 17,997
▲ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,424
▲ 35% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 61,081 | € 79,140 | € 50,926 | € 54,538 | ▲ 7% |
| Profit after taxes | € 177 | € 2,802 | € -14,283 | € -28,872 | ▼ € 14,589 |
| Equity | € 60,026 | € 62,829 | € 48,546 | € 19,674 | ▼ 59% |
| Total debts | € 998,361 | € 663,392 | € 1,048,889 | € 1,047,821 | |
| Cash | € 2,448 | € 5,955 | € 5,012 | € 3,305 | ▼ 34% |
| Land & buildings | € 181,534 | € 176,994 | € 164,921 | € 155,588 | ▼ 6% |
| Retained profit | € 10,026 | € 12,829 | € -1,454 | € -30,326 | ▼ € 28,872 |
| Bank debt | € 859,871 | € 477,887 | € 811,427 | € 763,465 | ▼ 6% |
| Balance sheet total | € 1,058,387 | € 726,221 | € 1,097,435 | € 1,067,496 | ▼ 3% |
Key figures of SOETEWATER, 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 SOETEWATER?
What happened at SOETEWATER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 28,872. Source: NBB ↗
- New establishment in Beernem. KBO
- Veronique Soete became a director. NBB
- Hein Vandenbrande became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 177 profit in 2022 to € 28,872 loss in 2025.
Paid € 1,433 in corporate taxes since 2022.
Best year ever: 2023, with € 2,802 profit.
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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 SOETEWATER are Veronique Soete and Hein Vandenbrande. Hein Vandenbrande is also behind VANDENBRANDE HEIN.
Directors
According to the 2025 annual accounts
Veronique Soete
Director
since 2012
since 2012
Establishments
Establishment units
Physical locations of this company
Rietstraat 31
8730 Beernem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0846.193.158
- VAT number
- BE 0846.193.158
- Registered office
- Rietstraat 31, 8730 Beernem
- Names & denominations
- SOETEWATER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 May 2012
- Peppol
- Active · Active since 31 Aug 2023
- Activities · NACE
Gastenkamers
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