THE WATER SERVICE COMPANY
0810.392.042 · rovalta.com · 27/09/2026
ACTIVE
THE WATER SERVICE COMPANY
Financial year 2025 · Closed on 31/12/2025
Net result-407,3 k €-174,9 %over 1 year
Gross margin680,2 k €-21,0 %over 1 year
Equity-332,4 k €-543,7 %over 1 year
Workforce15,1 ETP-0,7 %over 1 year
Overview
Identity
Source · BCE/KBOTHE WATER SERVICE COMPANY is a Private limited company incorporated in 2009. Its registered office is in Oudenaarde. It employs on average 15,1 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0810.392.042
- Incorporation
- 12/03/2009
- Legal form
- Private limited company
- Registered office
- Industriepark "De Bruwaan" 45J
9700 Oudenaarde · FlandreSee on map - Contributed capital
- 6 200,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 15,1 ETP
Joint committees (5)
- 124
- 14901
- 200
- 201
- 218
Contacts
4 public details availableLog in to view
Signals
Healthy social debts
Financials
Source · NBB, 16 filingsTrend over 16 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 680,2 k € | -21.0% | 860,6 k € | +0.0% | 860,6 k € | -1.9% | 877 k € | +11.5% | 786,7 k € |
| EBITDA | -385,1 k € | -209% | -124,7 k € | -115% | -58 k € | -148% | 119,9 k € | -28.4% | 167,3 k € |
| Operating result | -416,4 k € | -166% | -156,7 k € | -75.1% | -89,5 k € | -225% | 71,7 k € | -37.7% | 115,1 k € |
| Net result | -407,3 k € | -175% | -148,1 k € | -70.2% | -87,1 k € | -255% | 56,2 k € | -37.5% | 89,8 k € |
| Balance sheet | |||||||||
| Equity | -332,4 k € | -544% | 74,9 k € | -66.4% | 223 k € | -28.1% | 310,1 k € | +22.1% | 253,9 k € |
| Total assets | 532,6 k € | +15.5% | 461 k € | -18.0% | 562,2 k € | +16.9% | 480,9 k € | +14.6% | 419,8 k € |
| Cash | 28,7 k € | +0.1% | 28,7 k € | -2.7% | 29,5 k € | -84.4% | 189,4 k € | +34.9% | 140,4 k € |
| Debts | 827,7 k € | +117% | 380,7 k € | +14.1% | 333,7 k € | +101% | 166,3 k € | +4.8% | 158,7 k € |
| Other | |||||||||
| Workforce | 15,1 ETP | -0.7% | 15,2 ETP | -3.8% | 15,8 ETP | +12.1% | 14,1 ETP | +3.7% | 13,6 ETP |
Board of directors
Source · NBB, accounts to 31/12/20252 active · 10 ended
Active mandates
Active
Active
Ended mandates
Other companies at this address
Industriepark "De Bruwaan" 45J 9700 Oudenaarde| Company | CBE no. |
|---|---|
GH GROUP● Active | 0669.772.528 |
WT SYSTEMS● Active | 0474.474.411 |
Financials
Full financial information
Source · NBB| 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 | 15/07/2026 | 18/07/2025 | 17/07/2024 | 12/07/2023 | 21/06/2022 | 30/08/2021 |
| General meeting | 19/06/2026 | 20/06/2025 | 21/06/2024 | 16/06/2023 | 17/06/2022 | 30/07/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 16 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 19/06/2026 | 15/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 20/06/2025 | 18/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 21/06/2024 | 17/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 16/06/2023 | 12/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 17/06/2022 | 21/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 30/07/2021 | 30/08/2021 | Dutch | |
| Micro model | 31/12/2019 | 17/07/2020 | 13/08/2020 | Dutch | |
| Micro model | 31/12/2018 | 19/07/2019 | 12/08/2019 | Dutch | |
| Micro model | 31/12/2017 | 15/07/2018 | 11/08/2018 | Dutch | |
| Micro model | 31/12/2016 | 16/06/2017 | 28/06/2017 | Dutch | |
| Abridged model | 31/12/2015 | 17/06/2016 | 01/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 19/06/2015 | 06/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 20/06/2014 | 12/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 09/08/2013 | 30/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 15/06/2012 | 13/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 17/06/2011 | 19/09/2011 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20252 active · 10 ended
Active mandates
Active
Active
Ended mandates
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Other14/04/2025BENAMING
- Mandates22/10/2024ONTSLAGEN - BENOEMINGEN
- Registered office06/10/2022STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL
- Mandates08/07/2022WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Registered office15/03/2017MAATSCHAPPELIJKE ZETEL
- Mandates24/09/2015BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Other16/03/2009RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-407,3 k €↓
- 2024Annual accounts 2024-148,1 k €↓
- 2024Name changeTHE WATER SERVICE COMPANY
- 2023Annual accounts 2023-87,1 k €↓
- 2022Annual accounts 202256,2 k €↓
- 2021Annual accounts 202189,8 k €↑
- 2020Annual accounts 202086,5 k €↑
- 2019Annual accounts 201949,5 k €↑
- 2018Annual accounts 20188,7 k €↑
- 2017Annual accounts 2017761,8 €↓
- 2016Annual accounts 20167,6 k €↑
- 2015Annual accounts 20151,7 k €↓
- 2015Name changeTHE SOFT WATER COMPANY
- 2014Annual accounts 201412,1 k €↑
- 2013Annual accounts 20138,1 k €↑
- 2012Annual accounts 2012-20 k €↓
- 2011Annual accounts 20114,6 k €↑
- 2010Annual accounts 2010-1,5 k €
- 2010Name changeAQUADEL
- 12/03/2009IncorporationPrivate limited company