What does WATER-LEAU do?

WATER-LEAU is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Public Limited, started on 16 March 2004, 1 establishment.

What is the address of WATER-LEAU?

The registered office of WATER-LEAU is located at Troonplein 1, 1000 Brussel.

Is WATER-LEAU still active?

Yes. According to the CBE (29 October 2026) WATER-LEAU is active, legal situation “Normale toestand”, started on 16 March 2004.

Is WATER-LEAU registered on Peppol?

Yes, WATER-LEAU is registered on the Peppol network with ID 0208:0864081443.

What is the enterprise number of WATER-LEAU?

The enterprise number of WATER-LEAU is BE0864081443.

When was WATER-LEAU founded?

WATER-LEAU was founded on 16 March 2004.

Who are the directors of WATER-LEAU?

According to the 2025 annual accounts, the directors of WATER-LEAU are: ARMELLE MOALIC, BERNARD D'OCQUIER, MARIO ANTHUENIS, CHRISTOPHE MIGNOT.

Is WATER-LEAU a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 16 March 2004; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did WATER-LEAU make in 2025?

WATER-LEAU recorded a loss after taxes of € 2,057,900 in financial year 2025.

What is the revenue of WATER-LEAU?

In its most recent annual accounts (2025), WATER-LEAU reported revenue of € 4,724,722.

WATER-LEAU (Public Limited) - Brussel - BE0864081443

Dossier WATER-LEAU, printed on 29 October 2026 from databakkes.be/en/0864081443/water-leau. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 4 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

21 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

WATER-LEAU from Brussel, company number BE0864081443, closed financial year 2025 with a result of € -2.1 million after tax. For that financial year WATER-LEAU recorded revenue of € 4.7 million and equity of € 10.2 million. Compared with financial year 2024, the result moved from € -5 million to € -2.1 million. The company made a loss. 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 11, 2026.

What it is worth Healthy

€ 10.2 million

▼ 17% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -2.1 million

▲ 59 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 696,288

▼ 62% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -7 million.

Debts at end 2025

Bank debt

€ 52.5 million

▲ 12% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 2 million

▲ 9% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 392 days on average.

Taxes

€ 0

▼ 54% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 5,713,734 Revenue 2022: € 5,713,734 First fiscal year in the series	€ 5,190,474 Revenue 2023: € 5,190,474 ▼ 9% vs 2022 (€ 5,713,734) Unfavourable step	€ 4,590,409 Revenue 2024: € 4,590,409 ▼ 12% vs 2023 (€ 5,190,474) Unfavourable step	€ 4,724,722 Revenue 2025: € 4,724,722 ▲ 3% vs 2024 (€ 4,590,409) Favourable step	▲ 3%
Profit after taxes	€ -3,520,759 Profit after taxes 2022: € -3,520,759 First fiscal year in the series	€ 1,883,653 Profit after taxes 2023: € 1,883,653 ▲ € 5.4 million vs 2022 (€ -3,520,759) Favourable step	€ -4,968,215 Profit after taxes 2024: € -4,968,215 ▼ € 6.9 million vs 2023 (€ 1,883,653) Unfavourable step	€ -2,057,900 Profit after taxes 2025: € -2,057,900 ▲ € 2.9 million vs 2024 (€ -4,968,215) Favourable step	▲ € 2.9 million
Equity	€ 15,346,169 Equity 2022: € 15,346,169 First fiscal year in the series	€ 17,229,823 Equity 2023: € 17,229,823 ▲ 12% vs 2022 (€ 15,346,169) Favourable step	€ 12,261,608 Equity 2024: € 12,261,608 ▼ 29% vs 2023 (€ 17,229,823) Unfavourable step	€ 10,203,707 Equity 2025: € 10,203,707 ▼ 17% vs 2024 (€ 12,261,608) Unfavourable step	▼ 17%
Total debts	€ 28,431,647 Total debts 2022: € 28,431,647 First fiscal year in the series	€ 33,252,632 Total debts 2023: € 33,252,632 ▲ 17% vs 2022 (€ 28,431,647) Unfavourable step	€ 49,901,169 Total debts 2024: € 49,901,169 ▲ 50% vs 2023 (€ 33,252,632) Unfavourable step	€ 56,173,823 Total debts 2025: € 56,173,823 ▲ 13% vs 2024 (€ 49,901,169) Unfavourable step	▲ 13%
Cash	€ 1,378,804 Cash 2022: € 1,378,804 First fiscal year in the series	€ 3,085,454 Cash 2023: € 3,085,454 ▲ 124% vs 2022 (€ 1,378,804) Favourable step	€ 1,818,642 Cash 2024: € 1,818,642 ▼ 41% vs 2023 (€ 3,085,454) Unfavourable step	€ 696,288 Cash 2025: € 696,288 ▼ 62% vs 2024 (€ 1,818,642) Unfavourable step	▼ 62%
Land & buildings	€ 34,747,800 Land & buildings 2022: € 34,747,800 First fiscal year in the series	€ 33,516,628 Land & buildings 2023: € 33,516,628 ▼ 4% vs 2022 (€ 34,747,800) Unchanged	€ 26,198,918 Land & buildings 2024: € 26,198,918 ▼ 22% vs 2023 (€ 33,516,628) Unchanged	€ 65,086,610 Land & buildings 2025: € 65,086,610 ▲ 148% vs 2024 (€ 26,198,918) Unchanged	▲ 148%
Retained profit	€ -1,841,331 Retained profit 2022: € -1,841,331 First fiscal year in the series	€ 42,323 Retained profit 2023: € 42,323 ▲ € 1.9 million vs 2022 (€ -1,841,331) Favourable step	€ -4,925,892 Retained profit 2024: € -4,925,892 ▼ € 5 million vs 2023 (€ 42,323) Unfavourable step	€ -6,983,793 Retained profit 2025: € -6,983,793 ▼ € 2.1 million vs 2024 (€ -4,925,892) Unfavourable step	▼ € 2.1 million
Bank debt	€ 25,010,138 Bank debt 2022: € 25,010,138 First fiscal year in the series	€ 31,181,669 Bank debt 2023: € 31,181,669 ▲ 25% vs 2022 (€ 25,010,138) Unfavourable step	€ 46,746,227 Bank debt 2024: € 46,746,227 ▲ 50% vs 2023 (€ 31,181,669) Unfavourable step	€ 52,476,137 Bank debt 2025: € 52,476,137 ▲ 12% vs 2024 (€ 46,746,227) Unfavourable step	▲ 12%
Balance sheet total	€ 43,777,816 Balance sheet total 2022: € 43,777,816 First fiscal year in the series	€ 50,482,455 Balance sheet total 2023: € 50,482,455 ▲ 15% vs 2022 (€ 43,777,816) Unchanged	€ 62,162,777 Balance sheet total 2024: € 62,162,777 ▲ 23% vs 2023 (€ 50,482,455) Unchanged	€ 66,377,530 Balance sheet total 2025: € 66,377,530 ▲ 7% vs 2024 (€ 62,162,777) Unchanged	▲ 7%

Key figures of WATER-LEAU, 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 WATER-LEAU?

What happened at WATER-LEAU in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 BERNARD D'OCQUIER stepped down as director. NBB
2029 CHRISTOPHE MIGNOT stepped down as director. NBB
2028 MARIO ANTHUENIS stepped down as director. NBB
2027 ARMELLE MOALIC stepped down as director. NBB
Jun 11, 2026 New annual accounts for financial year 2025: loss of € 2.1 million. Source: NBB ↗
2023 CHRISTOPHE MIGNOT became a director. NBB
2022 MARIO ANTHUENIS became a director. NBB
2021 ARMELLE MOALIC became a director. NBB

In short

From € 3.5 million loss in 2022 to € 2.1 million loss in 2025.

Paid € 197,197 in corporate taxes since 2022.

Best year ever: 2023, with € 1.9 million profit.

Original PDFs at the National Bank ↗

Management

AXA BELGIUM SA 100%

WATER-LEAU

The shares are held by AXA BELGIUM SA (100%).

Directors

According to the 2025 annual accounts

ARMELLE MOALIC

Director

Also active at: TRANSGA, WIJNEGEM ONTWIKKELINGSMAATSCHAPPIJ, ROYAWYN, EVERE SQUARE, LEX 65, INSTRUCTION, L-PARK, IMMO RAC HASSELT +1 more

since 2021 · until 2027

BERNARD D'OCQUIER

Director

Also active at: BLAUWE TOREN, EVERE SQUARE, IMMO RAC HASSELT

since 2019 · until 2031

MARIO ANTHUENIS

Director

Also active at: TRANSGA, WIJNEGEM ONTWIKKELINGSMAATSCHAPPIJ, ROYAWYN, BLAUWE TOREN, EVERE SQUARE, PARC DE L'ALLIANCE, LEX 65, INSTRUCTION +3 more

since 2022 · until 2028

CHRISTOPHE MIGNOT

Director

Also active at: TRANSGA, ROYAWYN, EVERE SQUARE, PARC DE L'ALLIANCE, LEX 65, INSTRUCTION, PAL MRS, L-PARK +1 more

since 2023 · until 2029

Shareholders

AXA BELGIUM SA

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Troonplein 1

1000 Brussel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 21 companies are registered at this address.

All companies at this address →

AXA HOLDINGS BELGIUM

TRANSGA same network

€ 5,559 revenue · 2025

AXA BELGIUM same network

Desclée Frères et Cie

Electricité d'Odessa

+16 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

0864.081.443

VAT number

BE 0864.081.443

Registered office

Troonplein 1, 1000 Brussel

Names & denominations

WATER-LEAU

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

16 March 2004

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Ontwikkeling van residentiële bouwprojecten

Ontwikkeling van niet-residentiële bouwprojecten

View on CBE Public ↗ Annual accounts (NBB) ↗

WATER-LEAU

Warning lights

Financials

What happened to WATER-LEAU?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions