ACTIVE

WATERTECH

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Financial year 2025 · closed on 31/12/2025
Net result
-364 k €
+42.7% YoY
Gross margin
985,7 k €
+7.2% YoY
Equity
-474,7 k €
-392.1% YoY
Workforce
20,9 ETP
-6.7% YoY

What does WATERTECH do?

WATERTECH is a Public limited company incorporated in 2008. Its main activity is: Manufacture of other general-purpose machinery n.e.c.. Its registered office is in Herstal. It employs on average 20,9 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0806.996.844
Incorporation
03/10/2008
Legal form
Public limited company
Registered office
Rue de l'Eperonnerie 21
4041 Herstal · WallonieSee on map
Contributed capital
105 600,00 €
Latest accounts
31/12/2025
Average workforce
20,9 ETP
Activities (NACE)
28295Manufacture of other general-purpose machinery n.e.c.· main28295Manufacture of other general-purpose machinery n.e.c.33120Repair of machinery33120Repair of machinery
Joint committees (2)
  • 111
  • 209
View the BCE/KBO Public Search record →
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920172016201520142013201220112010
Income statement
Gross margin985,7 k €919,9 k €1,5 M €1,1 M €963,1 k €729,4 k €776,1 k €385,9 k €310,3 k €279,8 k €271,7 k €305,7 k €247,3 k €248,2 k €410 k €
EBITDA-90,3 k €-232,3 k €448,9 k €269,6 k €218,5 k €267,7 k €265,4 k €109,7 k €55,7 k €35,5 k €44,4 k €78,1 k €42,8 k €41 k €71,2 k €
Operating result-176,5 k €-458,5 k €180,7 k €2,6 k €50,7 k €92,8 k €106,6 k €68,8 k €13,7 k €-9,9 k €5,5 k €35,3 k €-6,7 k €-14,6 k €-257 €
Net result-364 k €-635,6 k €85,3 k €-35,2 k €48,1 k €60,8 k €80,2 k €38,2 k €7,2 k €-25,6 k €-8,7 k €18,4 k €-20,6 k €-9,6 k €-14,1 k €
Balance sheet
Equity-474,7 k €-96,5 k €511,8 k €444 k €353,6 k €315,7 k €264,1 k €47,2 k €9 k €1,8 k €27,4 k €36 k €17,7 k €38,3 k €47,9 k €
Total assets3,4 M €4 M €5,2 M €3,4 M €1,6 M €1,3 M €1,3 M €273,9 k €232,3 k €256,2 k €335,2 k €301,3 k €305,7 k €439,9 k €440,9 k €
Cash26,8 k €25,2 k €32,4 k €29 k €22,5 k €73,2 k €11,9 k €594,7 €1,4 k €2,7 k €1,8 k €2,2 k €2,6 k €1,1 k €1,6 k €
Debts3,7 M €4 M €4,6 M €3 M €1,3 M €1 M €1 M €225,7 k €222 k €253,4 k €305,8 k €262,3 k €282,6 k €395,3 k €383,3 k €
Other
Workforce20,9 ETP22,4 ETP22,6 ETP18,7 ETP17,2 ETP13,9 ETP14,3 ETP–7,1 ETP6,4 ETP6,0 ETP6,0 ETP6,0 ETP6,0 ETP5,8 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 21 ended

Active mandates

Sonia Varsak

Director · since 30 juin 2023 · until 05 juin 2026

Active
SOTAY

Managing director · since 30 juin 2023 · until 05 juin 2026 · 0824.301.644

Represented by Osman VARSAK

Active

Ended mandates

Sonia VARSAK

Director · since 30 juin 2023 · until 25 mai 2029

Ended
SOTAY

Managing director · since 30 juin 2023 · until 25 mai 2029 · 0824.301.644

Represented by Osman VARSAK

Ended
Taylan VARSAK

Director · since 06 décembre 2019 · until 27 mai 2025

Ended
Taylan VARSAK

Director · since 06 décembre 2019 · until 06 décembre 2025

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged 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 date30/06/202613/08/202516/07/202431/07/202305/07/202230/06/2021
General meeting05/06/202630/06/202514/06/202430/06/202315/06/202228/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202630/06/2026FrenchPDF
Abridged model31/12/202430/06/202513/08/2025FrenchPDF
Abridged model31/12/202314/06/202416/07/2024FrenchPDF
Abridged model31/12/202230/06/202331/07/2023FrenchPDF
Abridged model31/12/202115/06/202205/07/2022FrenchPDF
Abridged model31/12/202028/05/202130/06/2021FrenchPDF
Abridged model31/12/201922/06/202008/07/2020FrenchPDF
Abridged model31/12/201824/05/201927/06/2019FrenchPDF
Micro model30/06/201702/11/201715/11/2017FrenchPDF
Abridged model30/06/201603/11/201622/12/2016FrenchPDF
Abridged model30/06/201502/11/201517/12/2015FrenchPDF
Abridged model30/06/201419/12/201413/01/2015FrenchPDF
Abridged model30/06/201302/11/201319/12/2013FrenchPDF
Abridged model30/06/201231/12/201231/01/2013FrenchPDF
Abridged model30/06/201106/02/201215/02/2012FrenchPDF
Abridged model30/06/201001/11/201012/11/2010FrenchPDF
Estimate

Indicative valuation

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 · 21 ended

Active mandates

Sonia Varsak

Director · since 30 juin 2023 · until 05 juin 2026

Active
SOTAY

Managing director · since 30 juin 2023 · until 05 juin 2026 · 0824.301.644

Represented by Osman VARSAK

Active

Ended mandates

Sonia VARSAK

Director · since 30 juin 2023 · until 25 mai 2029

Ended
SOTAY

Managing director · since 30 juin 2023 · until 25 mai 2029 · 0824.301.644

Represented by Osman VARSAK

Ended
Taylan VARSAK

Director · since 06 décembre 2019 · until 27 mai 2025

Ended
Taylan VARSAK

Director · since 06 décembre 2019 · until 06 décembre 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office21/05/2026
    SIEGE SOCIAL
    PDF
  • Mandates28/08/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office17/01/2022
    SIEGE SOCIAL
    PDF
  • Mandates20/01/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring24/01/2018
    DENOMINATION - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring22/11/2017
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates08/06/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/01/2017
    DEMISSIONS, NOMINATIONS
    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

Timeline

  1. 2025
    Annual accounts 2025-364 k €↑
  2. 2024
    Annual accounts 2024-635,6 k €↓
  3. 2023
    Annual accounts 202385,3 k €↑
  4. 2022
    Annual accounts 2022-35,2 k €↓
  5. 2021
    Annual accounts 202148,1 k €↓
  6. 2020
    Annual accounts 202060,8 k €↓
  7. 2019
    Annual accounts 201980,2 k €↑
  8. 2017
    Annual accounts 201738,2 k €↑
  9. 2016
    Annual accounts 20167,2 k €↑
  10. 2015
    Annual accounts 2015-25,6 k €↓
  11. 2014
    Annual accounts 2014-8,7 k €↓
  12. 2013
    Annual accounts 201318,4 k €↑
  13. 2012
    Annual accounts 2012-20,6 k €↓
  14. 2011
    Annual accounts 2011-9,6 k €↑
  15. 2010
    Annual accounts 2010-14,1 k €
  16. 03/10/2008
    IncorporationPublic limited company