TECHNIQUES DU TRAITEMENT DE L'EAU
TECHNIQUES DU TRAITEMENT DE L'EAU has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29k and a net result of €-2k. Equity is shrinking by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 38% of 49 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
| Equity | €29k |
| Net result | €-2k |
| Staff (FTE) | 1.6 |
| Better than sector | 38% |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 30.8% | 52.6% | |
| Net result | €-2k | €58k | |
| Equity | €29k | €554k | |
| Gross operating margin | €119k | €66k | |
| Total assets | €96k | €1.12M |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €9k | €5k | €10k | €32k | €43k |
| Net profit | €-2k | €-8k | €-2k | €19k | €28k |
| Cash flow | €8k | €2k | €8k | €23k | €32k |
| Staff costs | €109k | €113k | €140k | €62k | €55k |
| Income taxes | - | - | €812 | €8k | €11k |
| Dividends | - | - | - | - | - |
| Total assets | €96k | €82k | €123k | €125k | €66k |
| Equity | €29k | €31k | €39k | €41k | €22k |
| Debt | €66k | €51k | €84k | €84k | €45k |
| of which ≤ 1y | €60k | €37k | €62k | €55k | €45k |
| of which > 1y | €7k | €14k | €22k | €29k | - |
| Working capital | €-2k | €20k | €25k | €27k | €19k |
| Employees (FTE) | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.97 | 1.54 | 1.41 | 1.48 | 1.42 |
| Quick ratio | 0.70 | 1.14 | 1.17 | 1.23 | 1.14 |
| Working capital ratio | -1.7% | 24.2% | 20.6% | 21.2% | 28.4% |
| Solvency | 30.8% | 38.0% | 31.7% | 32.5% | 32.6% |
| Debt / equity | 2.25 | 1.63 | 2.16 | 2.08 | 2.07 |
| Long-term debt ratio | 0.22 | 0.46 | 0.56 | 0.72 | - |
| Interest coverage | 9.28 | 2.16 | 5.77 | 38.52 | 92.16 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -1.9% | -9.4% | -1.4% | 15.3% | 41.9% |
| ROE | -6.2% | -24.6% | -4.4% | 47.0% | 128.5% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €96k | €82k | €123k | €125k | €66k |
| Fixed assets | 21/28 | €38k | €26k | €36k | €43k | €3k |
| Tangible fixed assets | 22/27 | €38k | €26k | €36k | €43k | €3k |
| Current assets | 29/58 | €58k | €56k | €87k | €82k | €63k |
| Stocks & contracts in progress | 3 | €16k | €15k | €14k | €14k | €12k |
| Amounts receivable within one year | 40/41 | €16k | €9k | €13k | €15k | €7k |
| Cash & bank | 54/58 | €22k | €29k | €59k | €52k | €42k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €96k | €82k | €123k | €125k | €66k |
| Equity | 10/15 | €29k | €31k | €39k | €41k | €22k |
| Contributions / capital | 10/11 | €62k | €62k | €62k | €62k | €62k |
| Reserves | 13 | €600 | €600 | €600 | €600 | €600 |
| Accumulated profits (losses) | 14 | €-33k | €-31k | €-24k | €-22k | €-41k |
| Amounts payable | 17/49 | €66k | €51k | €84k | €84k | €45k |
| Amounts payable after one year | 17 | €7k | €14k | €22k | €29k | - |
| Amounts payable within one year | 42/48 | €60k | €37k | €62k | €55k | €45k |
| Trade debts payable within one year | 44 | €24k | €12k | €23k | €19k | €15k |
| Income statement | ||||||
| Gross operating margin | 9900 | €119k | €119k | €151k | €94k | €99k |
| Operating result | 9901 | €-817 | €-6k | €395 | €28k | €39k |
| Financial income | 75 | €0 | €1 | €464 | €2 | €281 |
| Financial charges | 65 | €1k | €2k | €2k | €829 | €469 |
| Result before taxes | 9903 | €-2k | €-8k | €-895 | €27k | €39k |
| Income taxes | 67/77 | - | - | €812 | €8k | €11k |
| Net result for the period | 9904 | €-2k | €-8k | €-2k | €19k | €28k |
| Result to be appropriated | 9905 | €-2k | €-8k | €-2k | €19k | €28k |
Former directors (1)
-
Grifasi AntonioManaging directorState Gazette act 24180150 (24-12-2024)Former- → 09-04-2024
| NACE primary | Water collection, treatment and supply(36000) |
| Legal form | Public limited company(014) |
| Incorporation | 15-11-2001 |
| Status | Active |
| Postal code | 5031 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92056E0518/00R000 | Wallonia | 1,743 m² | 1 · 116 m² | - |
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
24-12-2024 1 resigning, 1 reappointed
- Grifasi Antonio, Gedelegeerd bestuurder
- Bouchard Yves, Gedelegeerd bestuurder
Technical details
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}31-01-2024 3 reappointed
- Bouchard Yves, Bestuurder
- Grifasi Antonio, Bestuurder
- Bouchard Gregory, Bestuurder
Technical details
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}| Legal nameFR | TECHNIQUES DU TRAITEMENT DE L'EAU |
| AbbreviationFR | T.T.EAU |