ACTIVE

REIN WATER

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Financial year 2025 · closed on 31/12/2025

Net result

27,2 k €

-62.2% YoY

Gross margin

781,3 k €

-1.0% YoY

Equity

1,1 M €

+2.6% YoY

Workforce

10,5 ETP

-9.5% YoY

What does REIN WATER do?

REIN WATER is a Private limited company incorporated in 1994. Its main activity is: Electrical, plumbing and other construction installation activities. Its registered office is in Alken. It employs on average 10,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0452.416.908

Incorporation

01/04/1994

Legal form

Private limited company

Registered office

Pickardstraat 23
3570 Alken · FlandreSee on map

Contributed capital

20 460,00 €

Latest accounts

31/12/2025

Average workforce

10,5 ETP

Activities (NACE)

43240Electrical, plumbing and other construction installation activities· main 43299Other construction installation 45340Sale of motor vehicle parts and accessories 47521Retail sale of hardware, paints and glass in specialised stores 47521Retail sale of hardware, paints and glass in specialised stores 52461Warehousing and support activities for transportation

Joint committees (2)

14904
201

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	781,3 k €	-1.0%	789,1 k €	+26.7%	622,7 k €	+18.1%	527,3 k €	-5.3%	556,7 k €	-3.0%	573,8 k €	-7.5%	620,6 k €	+14.4%	542,5 k €	+10.8%	489,4 k €	+8.3%	452 k €	-5.9%	480,3 k €	+3.9%	462,1 k €	+0.5%	459,7 k €	+3.8%	442,8 k €	+2.7%	431,3 k €	-18.8%	531,1 k €	+10.0%	482,9 k €	+17.0%	412,7 k €	-11.4%	466 k €	+26.6%	368 k €
EBITDA	111,3 k €	-33.0%	166,2 k €	+21.3%	137 k €	+101%	68,1 k €	-40.6%	114,7 k €	+7.5%	106,7 k €	-3.5%	110,6 k €	+34.0%	82,6 k €	+32.8%	62,2 k €	-5.7%	65,9 k €	-36.6%	104 k €	+50.3%	69,2 k €	+8.5%	63,8 k €	+0.4%	63,6 k €	+28.3%	49,5 k €	-52.4%	104,1 k €	-39.0%	170,8 k €	+1.7%	167,9 k €	-22.7%	217,2 k €	+46.7%	148,1 k €
Operating result	42 k €	-60.7%	106,9 k €	+34.7%	79,4 k €	+2021%	-4,1 k €	-111%	37,5 k €	+30.2%	28,8 k €	-3.1%	29,7 k €	+34.0%	22,2 k €	+396%	4,5 k €	-75.1%	17,9 k €	-73.5%	67,7 k €	+135%	28,8 k €	+29.0%	22,3 k €	+70.5%	13,1 k €	+144%	-29,9 k €	-213%	26,4 k €	-69.1%	85,5 k €	-4.5%	89,6 k €	-40.4%	150,3 k €	+74.5%	86,1 k €
Net result	27,2 k €	-62.2%	71,8 k €	+17.2%	61,3 k €	+4578%	-1,4 k €	-104%	32,6 k €	+22.4%	26,7 k €	+55.7%	17,1 k €	+9.4%	15,6 k €	+280%	4,1 k €	-71.9%	14,7 k €	-74.7%	57,9 k €	+122%	26 k €	+15.5%	22,5 k €	-26.6%	30,7 k €	+217%	-26,3 k €	-214%	23,1 k €	-67.2%	70,5 k €	-0.2%	70,6 k €	-32.6%	104,8 k €	+53.2%	68,4 k €
Balance sheet
Equity	1,1 M €	+2.6%	1 M €	+7.4%	969,4 k €	+6.7%	908,2 k €	-0.2%	909,5 k €	+3.7%	876,9 k €	+3.1%	850,2 k €	+2.1%	833,1 k €	+1.9%	817,5 k €	+0.5%	813,4 k €	+1.8%	798,7 k €	+7.8%	740,8 k €	+3.6%	714,8 k €	+3.3%	692,2 k €	+4.6%	661,5 k €	-3.8%	687,8 k €	+3.5%	664,7 k €	+11.9%	594,2 k €	+13.5%	523,7 k €	+25.0%	418,9 k €
Total assets	1,4 M €	+3.7%	1,3 M €	+14.3%	1,2 M €	+5.2%	1,1 M €	+3.6%	1,1 M €	-3.6%	1,1 M €	-7.0%	1,2 M €	+13.3%	1 M €	+1.9%	1 M €	+3.2%	993,2 k €	+2.8%	965,8 k €	+2.0%	946,6 k €	-1.9%	964,8 k €	+3.0%	936,2 k €	-6.1%	997,3 k €	+2.0%	977,3 k €	-1.9%	995,9 k €	+4.4%	954,3 k €	+4.6%	912,7 k €	+13.4%	805 k €
Cash	362,7 k €	+9.4%	331,5 k €	+7.4%	308,6 k €	-17.2%	372,8 k €	-17.9%	453,9 k €	+12.1%	405 k €	+31.8%	307,4 k €	-2.0%	313,6 k €	-8.3%	342,1 k €	+3.0%	332,1 k €	-6.0%	353,2 k €	+10.9%	318,6 k €	+11.4%	285,9 k €	+35.1%	211,6 k €	-26.5%	288,1 k €	+42.5%	202,2 k €	-31.4%	294,5 k €	-3.4%	304,8 k €	+33.8%	227,7 k €	-11.3%	256,6 k €
Debts	301,3 k €	+7.9%	279,2 k €	+50.6%	185,4 k €	-2.1%	189,5 k €	+25.9%	150,5 k €	-32.6%	223,1 k €	-33.0%	332,8 k €	+57.8%	210,9 k €	+1.6%	207,6 k €	+15.4%	179,9 k €	+7.6%	167,1 k €	-18.8%	205,8 k €	-17.7%	250 k €	+2.5%	244 k €	-27.3%	335,8 k €	+16.0%	289,5 k €	-12.6%	331,2 k €	-8.0%	360,1 k €	-7.4%	389 k €	+0.8%	386,1 k €
Other
Workforce	10,5 ETP	-9.5%	11,6 ETP	0.0%	11,6 ETP	+26.1%	9,2 ETP	-14.8%	10,8 ETP	-6.1%	11,5 ETP	-5.0%	12,1 ETP	+13.1%	10,7 ETP	-1.8%	10,9 ETP	+7.9%	10,1 ETP	+7.4%	9,4 ETP	-1.1%	9,5 ETP	+10.5%	8,6 ETP	+1.2%	8,5 ETP	-8.6%	9,3 ETP	+2.2%	9,1 ETP	+15.2%	7,9 ETP	+23.4%	6,4 ETP	-7.2%	6,9 ETP	+9.5%	6,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 2 ended

Active mandates

Jan Froeyen

Director

Active

Johan Froeyen

Director

Active

Ended mandates

Johan Froeyen

Manager · since 01 avril 1994

Ended

Johan Froeyen

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
BREBO● Active	0440.966.948

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/06/2026	30/06/2025	19/06/2024	30/08/2023	19/07/2022	01/07/2021
General meeting	08/06/2026	09/06/2025	10/06/2024	12/06/2023	13/06/2022	07/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	08/06/2026	16/06/2026	Dutch	PDF
Abridged model	31/12/2024	09/06/2025	30/06/2025	Dutch	PDF
Abridged model	31/12/2023	10/06/2024	19/06/2024	Dutch	PDF
Abridged model	31/12/2022	12/06/2023	30/08/2023	Dutch	PDF
Abridged model	31/12/2021	13/06/2022	19/07/2022	Dutch	PDF
Abridged model	31/12/2020	07/06/2021	01/07/2021	Dutch	PDF
Abridged model	31/12/2019	08/06/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	11/06/2019	27/06/2019	Dutch	PDF
Abridged model	31/12/2017	11/06/2018	10/08/2018	Dutch	PDF
Abridged model	31/12/2016	12/06/2017	23/06/2017	Dutch	PDF
Abridged model	31/12/2015	13/06/2016	29/06/2016	Dutch	PDF
Abridged model	31/12/2014	08/06/2015	30/06/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	20/06/2014	Dutch	PDF
Abridged model	31/12/2012	10/06/2013	28/06/2013	Dutch	PDF
Abridged model	31/12/2011	11/06/2012	28/06/2012	Dutch	PDF
Abridged model	31/12/2010	13/06/2011	16/06/2011	Dutch	PDF
Abridged model	31/12/2009	14/06/2010	21/06/2010	Dutch	PDF
Abridged model	31/12/2008	08/06/2009	23/06/2009	Dutch	PDF
Abridged model	31/12/2007	09/06/2008	30/06/2008	Dutch	PDF
Abridged model	31/12/2006	11/06/2007	27/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 2 ended

Active mandates

Jan Froeyen

Director

Active

Johan Froeyen

Director

Active

Ended mandates

Johan Froeyen

Manager · since 01 avril 1994

Ended

Johan Froeyen

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/11/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/08/2008
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202527,2 k €↓
2024
Annual accounts 202471,8 k €↑
2023
Annual accounts 202361,3 k €↑
2022
Annual accounts 2022-1,4 k €↓
2021
Annual accounts 202132,6 k €↑
2021
Name changeREINWATER
2020
Annual accounts 202026,7 k €↑
2019
Annual accounts 201917,1 k €↑
2018
Annual accounts 201815,6 k €↑
2017
Annual accounts 20174,1 k €↓
2016
Annual accounts 201614,7 k €↓
2015
Annual accounts 201557,9 k €↑
2014
Annual accounts 201426 k €↑
2013
Annual accounts 201322,5 k €↓
2012
Annual accounts 201230,7 k €↑
2011
Annual accounts 2011-26,3 k €↓
2010
Annual accounts 201023,1 k €↓
2009
Annual accounts 200970,5 k €↓
2008
Annual accounts 200870,6 k €↓
2007
Annual accounts 2007104,8 k €↑
2006
Annual accounts 200668,4 k €
2006
Name changeRein Water
01/04/1994
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

REIN WATER

Overview

What does REIN WATER do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline