Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
36 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Waterleau NewEnergy Ieper from Hasselt, company number BE0892868766, closed financial year 2025 with a result of € -1.5 million after tax. For that financial year Waterleau NewEnergy Ieper recorded a gross margin of € -168,314 and equity of € -10.5 million. Compared with financial year 2024, the result moved from € -1.3 million to € -1.5 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ -10.5 million
▼ € 1.5 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.5 million
▼ 14 % more loss than in 2024
Profit after tax over the fiscal year.
€ 91,699
▲ 107% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -10.8 million.
People and assets in 2025
12
Average over the fiscal year, from the social balance sheet.
€ 731,897
▲ 2% vs 2024
€ 61,000 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.
€ 4.8 million
▼ 3% vs 2024
Of which on lease € 4.7 million.
Debts at end 2025
€ 20.8 million
▲ 72% vs 2024
€ 812,522 is repaid this year. At this pace the long-term loan is gone in ≈ 25 years.
€ 2.9 million
▲ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 103,452
▲ 9% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 4,503,392 | € 2,359,584 | - | |
| Gross margin | - | - | € -168,314 | |
| Profit after taxes | € -932,526 | € -1,308,375 | € -1,492,374 | ▼ € 183,999 |
| Equity | € -6,525,894 | € -9,046,502 | € -10,538,875 | ▼ € 1.5 million |
| Total debts | € 10,054,575 | € 18,139,122 | € 27,770,886 | ▲ 53% |
| Cash | € 440,063 | € 44,224 | € 91,699 | ▲ 107% |
| Land & buildings | € 512,274 | € 496,928 | € 493,295 | ▼ 1% |
| Retained profit | € -6,797,321 | € -9,317,929 | € -10,810,302 | ▼ € 1.5 million |
| Bank debt | € 8,110,880 | € 12,080,823 | € 20,763,825 | ▲ 72% |
| Balance sheet total | € 3,536,681 | € 9,100,620 | € 17,240,011 | ▲ 89% |
| Employees (FTE) | 11.2 | 12 | 12 |
Key figures of Waterleau NewEnergy Ieper, 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 Waterleau NewEnergy Ieper?
What happened at Waterleau NewEnergy Ieper in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- JH Partners BV stepped down as director. NBB
- Aquavion SRL stepped down as director. NBB
- Jemi Consult BV stepped down as director. NBB
- Be Smart, move to improve BV stepped down as director. NBB
- Jan Van Looy stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.5 million. Source: NBB ↗
- Aquavion SRL became a director. NBB
- JH Partners BV became a director. NBB
In short
From € 932,526 loss in 2022 to € 1.5 million loss in 2025.
Paid € 782 in corporate taxes since 2022.
A new publication or filing at Waterleau NewEnergy Ieper? We notify you, reason included.
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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
The stake of Waterleau NewEnergy comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Waterleau NewEnergy IeperThe shares are held by J.M. Recycling NV (100%) and Waterleau NewEnergy (99.8%).
Directors
According to the 2025 annual accounts
since 2025 · until 2031
Director · represented by Philippe Schnongs
since 2026 · until 2031
Managing director · represented by Jean-Luc Desire
Owns 99.8% via Waterleau NewEnergy
Also active at: Waterleau Technics, Waterleau USA, Waterleau NewEnergy
since 2024 · until 2025
Managing director · represented by Louis Machiels
Also active at: Maasland Groefuitbating, Remo - Milieubeheer, Genk Cargo Connect, Machiels, TAMORCO, Waterleau Technics, MACHIELS REAL ESTATE, MATRACO +57 more
since 2025 · until 2031
Managing director · represented by Pascal Van Hove
since 2025 · until 2031
Jan Van Looy
Director
Also active at: Genk Cargo Connect, WATERLEAU GROUP, URBICOON, EXPANDUS, VILOMA, FLOATING PV, Port of Limburg, Port of Limburg Real Estate +3 more
since 2025 · until 2031
Shareholders
100%
Waterleau NewEnergy · holding of Waterleau Group NV
99.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ekkelgaarden 16
3500 Hasselt
Bargiestraat 4
8900 Ieper
Active since 12 October 2007
Nieuwstraat(WSP) 26
3150 Haacht
Active since 5 May 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 36 companies are registered at this address.
All companies at this address →Maasland Groefuitbating same network
€ 640,411 revenue · 2025
Remo - Milieubeheer same network
€ 285,259 revenue · 2025
Machiels same network
€ 983,476 revenue · 2025
TAMORCO same network
€ 126,000 revenue · 2025
MACHIELS REAL ESTATE same network
€ 2.1 million revenue · 2025
+31 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
- 0892.868.766
- VAT number
- BE 0892.868.766
- Registered office
- Ekkelgaarden 16, 3500 Hasselt
- Names & denominations
- Waterleau NewEnergy Ieper
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 October 2007
- Peppol
- Active · Active since 23 Jan 2026
- Activities · NACE
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Verhuur en exploitatie van sociale woningen
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