ACTIVE

POLLET WATER GROUP

Financial year 2025 · closed on 31/12/2025
Net result
26 M €
+443.6% YoY
Revenue
22,5 M €
+6.6% YoY
Equity
104 M €
-28.4% YoY
Workforce
4,7 ETP
-72.2% YoY

What does POLLET WATER GROUP do?

POLLET WATER GROUP is a Public limited company incorporated in 2010. Its main activity is: Water collection, treatment and supply. Its registered office is in Koekelare. It employs on average 4,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0832.152.409
Incorporation
23/12/2010
Legal form
Public limited company
Registered office
Brouwerijstraat 14
8680 Koekelare · FlandreSee on map
Contributed capital
32 639 237,12 €
Latest accounts
31/12/2025
Average workforce
4,7 ETP
Joint committees (3)
  • 200
  • 2000
  • 218
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520232023202220212019201820172014201320122011
Income statement
Revenue22,5 M €21,1 M €
EBITDA981,4 k €-645,3 k €696,3 k €-40,4 k €811,3 k €866,5 k €347,6 k €372,8 k €64,4 k €18,1 k €-651,5 €-825,5 €
Operating result598,8 k €-944,5 k €377,1 k €-446 k €-1 M €706,6 k €211,6 k €248,5 k €62,1 k €15,8 k €-3 k €-3,1 k €
Net result26 M €4,8 M €17,9 M €10,2 M €4,8 M €4,6 M €2,2 M €3,3 M €8,4 k €4,2 k €-4,4 k €-3,2 k €
Balance sheet
Equity104 M €145,2 M €140,4 M €122,5 M €112,4 M €76,9 M €72,3 M €71,1 M €65,8 M €65,8 M €65,8 M €65,8 M €
Total assets215,3 M €268,7 M €241,6 M €212,8 M €214,2 M €176,7 M €164,3 M €170,3 M €119,2 M €66,4 M €66,2 M €65,9 M €
Cash381,3 k €5 M €1,7 M €1,9 M €463,3 k €1,1 M €2,7 M €2,4 M €409 €246,6 €
Debts111,2 M €123,5 M €101,1 M €90,1 M €101,8 M €99,7 M €92 M €99 M €53,4 M €579,2 k €349,7 k €37,5 k €
Other
Workforce4,7 ETP16,9 ETP15,2 ETP26,2 ETP21,5 ETP10,1 ETP9,9 ETP7,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 20 ended

Active mandates

SVEN AMEYE

Director · since 05 février 2025 · until 19 juin 2030 · 0741.489.675

Represented by Sven Ameye

Active
Jacques Pollet

Chairman of the board of directors · since 14 octobre 2024 · until 19 juin 2030

Active
POLLET GROUP

Managing director · since 14 octobre 2024 · until 19 juin 2030 · 0421.202.704

Represented by Sofie Pollet

Active
SMARDIX

Director · since 14 octobre 2024 · until 19 juin 2030 · 0795.128.202

Represented by Dimitri Tailleu

Active

Ended mandates

YQUITY

Director · since 07 janvier 2021 · until 17 septembre 2025 · 0666.645.267

Represented by Rudy PROVOOST

Ended
Beneconsult

Director · since 20 décembre 2019 · until 17 septembre 2025 · 0645.880.141

Represented by Francis VAN EECKHOUT

Ended
Dimitri Taillieu

Director · since 20 décembre 2019 · until 17 septembre 2025

Ended
DJ&L

Director · since 20 décembre 2019 · until 17 septembre 2025 · 0895.141.536

Represented by Frederik Dejaeghere

Ended
At this address

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Annual accounts

Full financial information

202520242023202320222021
Type of accountFull modelFull modelFull modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/12/202531/12/202431/12/202331/03/202331/03/202231/03/2021
Length of the financial year12 months12 months9 months12 months12 months12 months
Filing date15/07/202628/07/202504/09/202412/10/202303/10/202201/10/2021
General meeting30/06/202630/06/202530/06/202420/09/202321/09/202215/09/2021
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202615/07/2026DutchPDF
Full model31/12/202430/06/202528/07/2025DutchPDF
Full model31/12/202330/06/202404/09/2024DutchPDF
Abridged model31/03/202320/09/202312/10/2023DutchPDF
Abridged model31/03/202221/09/202203/10/2022DutchPDF
Abridged model31/03/202115/09/202101/10/2021DutchPDF
Abridged model31/03/202016/09/202007/10/2020DutchPDF
Abridged model31/03/201918/09/201911/10/2019DutchPDF
Abridged model31/03/201819/09/201823/10/2018DutchPDF
Abridged model31/03/201720/09/201731/10/2017DutchPDF
Abridged model31/03/201621/09/201611/10/2016DutchPDF
Abridged model31/12/201405/06/201531/07/2015DutchPDF
Abridged model31/12/201306/06/201428/07/2014DutchPDF
Abridged model31/12/201207/06/201331/07/2013DutchPDF
Abridged model31/12/201101/06/201230/07/2012DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 4 active · 20 ended

Active mandates

SVEN AMEYE

Director · since 05 février 2025 · until 19 juin 2030 · 0741.489.675

Represented by Sven Ameye

Active
Jacques Pollet

Chairman of the board of directors · since 14 octobre 2024 · until 19 juin 2030

Active
POLLET GROUP

Managing director · since 14 octobre 2024 · until 19 juin 2030 · 0421.202.704

Represented by Sofie Pollet

Active
SMARDIX

Director · since 14 octobre 2024 · until 19 juin 2030 · 0795.128.202

Represented by Dimitri Tailleu

Active

Ended mandates

YQUITY

Director · since 07 janvier 2021 · until 17 septembre 2025 · 0666.645.267

Represented by Rudy PROVOOST

Ended
Beneconsult

Director · since 20 décembre 2019 · until 17 septembre 2025 · 0645.880.141

Represented by Francis VAN EECKHOUT

Ended
Dimitri Taillieu

Director · since 20 décembre 2019 · until 17 septembre 2025

Ended
DJ&L

Director · since 20 décembre 2019 · until 17 septembre 2025 · 0895.141.536

Represented by Frederik Dejaeghere

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring27/01/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring14/11/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Restructuring14/11/2024
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates21/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares08/07/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates15/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other19/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    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 202526 M €
  2. 05/02/2025
    nominationCommanditaire Vennootschap “SVEN AMEYE” — bestuurder
  3. 20/12/2024
    split
  4. 20/12/2024
    reduction_capital
  5. 14/10/2024
    nominationPOLLET Jacques Noel — bestuurder
  6. 01/10/2024
    split
  7. 27/06/2024
    reduction_capital
  8. 2023
    Annual accounts 20234,8 M €
  9. 29/12/2023
    nominationBV BOES JOSEPH-MICHEL BEDRIJFSREVISOR — commissaris
  10. 2023
    Annual accounts 202317,9 M €
  11. 2022
    Annual accounts 202210,2 M €
  12. 2021
    Annual accounts 20214,8 M €
  13. 2019
    Annual accounts 20194,6 M €
  14. 2018
    Annual accounts 20182,2 M €
  15. 2017
    Annual accounts 20173,3 M €
  16. 2014
    Annual accounts 20148,4 k €
  17. 2014
    Name changePollet Water Group
  18. 2013
    Annual accounts 20134,2 k €
  19. 2012
    Annual accounts 2012-4,4 k €
  20. 2011
    Annual accounts 2011-3,2 k €
  21. 2011
    Name changeWATERHOLD
  22. 23/12/2010
    IncorporationPublic limited company