ACTIVE

Pantarein Water

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Financial year 2025 · Closed on 31/12/2025

Net result1,3 M €-22,7 %over 1 year
Revenue17,3 M €+2,4 %over 1 year
Equity5,3 M €+10,6 %over 1 year
Workforce43,9 ETP+6,3 %over 1 year

Identity

Source · BCE/KBO

Pantarein Water is a Private limited company incorporated in 2015. Its main activity is: Construction of utility projects for fluids. Its registered office is in Mechelen. It employs on average 43,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0635.938.532
Incorporation
01/09/2015
Legal form
Private limited company
Registered office
Egide Walschaertsstraat 22
2800 Mechelen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
43,9 ETP
Joint committees (7)
  • 100
  • 111
  • 1110
  • 200
  • 209
  • 2090
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 11 filings

Trend over 11 financial years

20252024202320222021
Income statement
Revenue17,3 M €16,9 M €11,1 M €9,1 M €–
EBITDA3,5 M €3,4 M €2,1 M €1,2 M €1,1 M €
Operating result1,9 M €2,6 M €1,1 M €567 k €628,9 k €
Net result1,3 M €1,7 M €702,8 k €459,5 k €551,6 k €
Balance sheet
Equity5,3 M €4,8 M €3,6 M €2,6 M €2,2 M €
Total assets17 M €14 M €12,7 M €6,8 M €5,7 M €
Cash1,5 M €2,3 M €948,4 k €958,5 k €311,3 k €
Debts8,2 M €7,6 M €6,7 M €3 M €2,7 M €
Other
Workforce43,9 ETP41,3 ETP36,5 ETP34,0 ETP31,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 12 ended

Active mandates

KORYS MANAGEMENT

Director · since 18 juin 2025 · 0885.971.571

Represented by Hilde VAN DER STRAETEN

Active
Water Invest

Director · since 18 juin 2025 · 1024.242.301

Represented by Piet DE LANGHE

Active

Ended mandates

KORYS MANAGEMENT

Director · since 18 juin 2025 · 0885.971.571

Represented by Hilde VAN DER STRAETEN

Ended
Pantarein Holding

Director · since 18 juin 2025 · 0639.879.009

Represented by Piet DE LANGHE

Ended
Pantarein Holding

Director · since 01 juillet 2023 · until 18 juin 2025 · 0639.879.009

Represented by Piet De Langhe

Ended
Pantarein Holding

Director · since 01 juillet 2023 · 0639.879.009

Represented by Piet DE LANGHE

Ended

Other companies at this address

Egide Walschaertsstraat 22 2800 Mechelen
CompanyCBE no.
INNOFEA● Active
0899.005.403
PANTAREIN BEHEER● Active
0648.908.323
QLS België● Active
1008.057.751
WAS-CO car cleaning & handling● Active
0895.172.814
Water Invest● Active
1024.242.301

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/07/202608/07/202515/07/202404/07/202304/07/202202/07/2021
General meeting30/06/202627/06/202528/06/202430/06/202324/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 11 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202623/07/2026DutchPDF
Full model31/12/202427/06/202508/07/2025DutchPDF
Full model31/12/202328/06/202415/07/2024DutchPDF
Full model31/12/202230/06/202304/07/2023DutchPDF
Abridged model31/12/202124/06/202204/07/2022DutchPDF
Abridged model31/12/202025/06/202102/07/2021DutchPDF
Abridged model31/12/201926/06/202004/08/2020DutchPDF
Abridged model31/12/201828/06/201902/08/2019DutchPDF
Abridged model31/12/201729/06/201803/07/2018DutchPDF
Abridged model31/12/201630/06/201704/07/2017DutchPDF
Abridged model31/12/201524/06/201603/08/2016DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 12 ended

Active mandates

KORYS MANAGEMENT

Director · since 18 juin 2025 · 0885.971.571

Represented by Hilde VAN DER STRAETEN

Active
Water Invest

Director · since 18 juin 2025 · 1024.242.301

Represented by Piet DE LANGHE

Active

Ended mandates

KORYS MANAGEMENT

Director · since 18 juin 2025 · 0885.971.571

Represented by Hilde VAN DER STRAETEN

Ended
Pantarein Holding

Director · since 18 juin 2025 · 0639.879.009

Represented by Piet DE LANGHE

Ended
Pantarein Holding

Director · since 01 juillet 2023 · until 18 juin 2025 · 0639.879.009

Represented by Piet De Langhe

Ended
Pantarein Holding

Director · since 01 juillet 2023 · 0639.879.009

Represented by Piet DE LANGHE

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates12/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/09/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates14/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares17/10/2018
    KAPITAAL - AANDELEN
    PDF
  • Registered office28/05/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other03/09/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20251,3 M €↓
  2. 2024
    Annual accounts 20241,7 M €↑
  3. 2023
    Annual accounts 2023702,8 k €↑
  4. 2022
    Annual accounts 2022459,5 k €↓
  5. 2021
    Annual accounts 2021551,6 k €↑
  6. 2020
    Annual accounts 202080,8 k €↓
  7. 2019
    Annual accounts 2019195,5 k €↑
  8. 2018
    Annual accounts 201833,9 k €↓
  9. 2017
    Annual accounts 2017200,9 k €↓
  10. 2016
    Annual accounts 2016210,6 k €↑
  11. 2015
    Annual accounts 20151,8 k €
  12. 01/09/2015
    IncorporationPrivate limited company