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Société digitale des Eaux de Wallonie

Active
Cooperative companyfounded 20223 yrs activeRue des Ecoles 17, 4800 Verviers, BelgiumKBO/BCE: BE 0794.566.590
Summary

Société digitale des Eaux de Wallonie has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.31M and a net result of €208k. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 40% of 2692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
66 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▼-6
Solvency59▼-10
Growth78=
Track record94
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days acceptable
Liquidity ample (current ratio 1.56 against 1.79 in 2024; short-term debt: 63.7% and cash: 8% of total assets), but 65.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
34.1%
Return on assets
3.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
18 d early
2024
43 d early
2023
49 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€208k▲ 25.6%
2024 · €166k
2023: €-42k 2024: €166k
2023 → 2025
Working capital
€2.42M▲ 15.9%
2024 · €2.09M
2023: €1.92M 2024: €2.09M
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202320242025Trend
Equity€1.94M-€2.10M▲ 8.6%€2.31M▲ 9.9%
Operating result€-42k-€293k€429k▲ 46.6%
Net result€-42k-€166k€208k▲ 25.6%
Result per fiscal year
Operating resultNet result
€-200k€0€200k€400kOperating result 2023: €-42k€-42kNet result 2023: €-42k€-42kOperating result 2024: €293k€293kNet result 2024: €166k€166kOperating result 2025: €429k€429kNet result 2025: €208k€208k202320242025€-200k€0€200k€400kOperating result 2023: €-42k€-42kNet result 2023: €-42k€-42kOperating result 2024: €293k€293kNet result 2024: €166k€166kOperating result 2025: €429k€429kNet result 2025: €208k€208k202320242025
The operating result has risen two years in a row; 2025 is 47% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.78M
Fixed assets €32k ▲ 263%
Current assets €6.74M ▲ 42.4%
Equity and liabilities €6.78M
Equity €2.31M ▲ 9.9%
Debt €4.47M ▲ 69.0%
Debt's share of the balance-sheet total rises from 55.7% to 65.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€444k
2024 · €295k
Cash flow
€223k
2024 · €168k
Current ratio
1.56
2024 · 1.79
Debt to equity
1.93
2024 · 1.26
ROE
9.0%
2024 · 7.9%
ROA
3.1%
2024 · 3.5%
Interest coverage
5.33
2024 · 13.75
Debt ≤ 1 year
€4.32M
2024 · €2.64M
Income taxes
€138k
2024 · €106k
Staff costs
€4.91M
2024 · €3.47M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€4.74M€6.78M
Fixed assets21/28€9k€32k
Intangible fixed assets21€9k€6k
Tangible fixed assets22/27-€26k
Furniture and vehicles24-€26k
Current assets29/58€4.73M€6.74M
Amounts receivable within one year40/41€3.45M€6.20M
Trade receivables40€3.45M€6.17M
Other amounts receivable41€4k€33k
Cash at bank and in hand54/58€1.08M€540k
Deferred charges and accrued income490/1€200k-
Equity and liabilities
Total equity and liabilities10/49€4.74M€6.78M
Equity10/15€2.10M€2.31M
Contributions10/11€1.98M€1.98M=
Profit (loss) carried forward14€123k€331k
Amounts payable17/49€2.64M€4.47M
Amounts payable within one year42/48€2.64M€4.32M
Financial debts43-€300k
Credit institutions430/8-€300k
Trade debts44€1.90M€2.65M
Suppliers440/4€1.90M€2.65M
Taxes, remuneration and social security45€747k€1.37M
Taxes450/3€115k€614k
Remuneration and social security454/9€631k€752k
Other amounts payable47/48-€120
Accrued charges and deferred income492/3-€148k
Income statement Code20242025
Non-recurring operating income76A€333-
Remuneration, social security and pensions62€3.47M€4.91M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€15k
Other operating charges640/8€191€652
Non-recurring operating charges66A€8k€70k
Gross operating margin9900€3.78M€5.43M
Operating profit (loss)9901€293k€429k
Financial charges65/66B€21k€83k
Recurring financial charges65€21k€83k
Profit (loss) for the period before taxes9903€271k€346k
Income taxes67/77€106k€138k
Profit (loss) for the period9904€166k€208k
Profit (loss) for the period to be appropriated9905€166k€208k
Appropriation of the result
Profit (loss) to be appropriated9906€123k€331k
Profit (loss) brought forward from the previous period14P€-42k€123k
Social balance
Average headcount (FTE)908732.036.8

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
26-08
State Gazette act Appointment: Emmanuelle VANDAMME (director)
Resignation: Alain GILLIS (director) · Reappointments: Pierre RION, Eric VAN SEVENANT and 2 others · Mandate compensation13 facts ▸
  • Board meeting, 15-10-2025
  • Director appointment, Emmanuelle VANDAMME (director)
  • Director resignation, Alain GILLIS (director)
  • General meeting, 28-05-2026
  • Director reappointment, Pierre RION (director)
  • Director reappointment, Eric VAN SEVENANT (director)
  • Director reappointment, Eric SMIT (director)
  • Director reappointment, Olivier VAN DER VRECKEN (director)
  • Mandate compensation, Emmanuelle VANDAMME
  • Mandate compensation, Pierre RION
  • Mandate compensation, Eric VAN SEVENANT
  • Mandate compensation, Eric SMIT
  • +1 further facts in this act
26-08
State Gazette act Appointment: BDO réviseurs d'Entreprises (commissaire réviseur)
2 facts ▸
  • General meeting, 28-05-2026
  • Auditor appointment, BDO réviseurs d'Entreprises (commissaire réviseur)
13-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Highest result since 2023net €208k ▲25.6%
Operating result €429k, net result €208k, both a record.
18-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Back to profitnet €166k
Net result €166k after one loss-making year.
31-12
Financial Equity above €2MEq €2.10M ▲8.6%
Equity rises from €1.94M to €2.10M.
12-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 13 acts read
About the unread acts

Of the 13 Belgian State Gazette acts we know for this company, 2 have been read. The other 11 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
under verification, last change in 2026
This board is reconstructed from a single act (26107961). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Emmanuelle Vandamme
Director · since 15-10-2025
Current
Eric SMIT
Director
Current
Current
Current
RION Pierre
Director
Current
28-05-2026 Alain GILLIS: Resigned as Director
15-10-2025 Emmanuelle Vandamme: Appointed as Director
Not every act has been read: a resignation may be missing here
11 of this company's 13 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Verviers · 2 establishment units since 2023
seat establishment approximate All 2 establishment units on the map
Ground area
4,728 m²
Building footprint
1,653 m²
Volume, LiDAR
18,907 m³
2 parcels, Wallonia · tallest building 18.0 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Société digitale des Eaux de Wallonie
Rue des Ecoles 17, 4800 VerviersComputer programming, consultancy and related activities
since 20232.342.531.687
Société digitale des eaux de Wallonie
Esplanade René Magritte 20, 6010 CharleroiComputer programming, consultancy and related activities
since 20232.346.181.857
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63079D0347/00C002
ProtectedMonument
Wallonia 2,882 m² 1 · 1,107 m² 18.0 m · 4 fl.
52014A0085/00C000indicative Wallonia 1,846 m² 1 · 546 m² 13.8 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Statutory auditor

1 auditor
BDO Réviseurs d'EntreprisesCurrent
Commissaire réviseur
28-05-2026 → present

Structure & network

Connections & network

20 connected companies
RION Pierre, Shared director, links 14 companies RPRION PierreACCES DIRECT, via RION Pierre ADACCES DIRECTBANQUE CPH, via RION Pierre BCBANQUE CPHEPM ACADEMY, via RION Pierre EAEPM ACADEMYIPM Group, via RION Pierre IGIPM GroupCinemaNext, via RION Pierre CCinemaNextEVS BROADCAST EQUIPMENT, via RION Pierre EBEVS BROADCASTEQUIPMENTFONDS DE LA RECHERCHE SCIENTIFIQUE-FNRS, via RION Pierre FDFONDS DE LARECHERCHE…FONDS FEDERAL DE LA RECHERCHE SCIENTIFIQUE, via RION Pierre FFFONDS FEDERALDE LA…LES NEWS 24, via RION Pierre LNLES NEWS 24PAIRI DAIZA, via RION Pierre PDPAIRI DAIZAPROXIMUS, via RION Pierre PPROXIMUSSOCIETE WALLONNE DES EAUX, via RION Pierre SWSOCIETE WALLONNEDES EAUXWallonie Entreprendre, via RION Pierre WEWallonieEntreprendreSociété digitale des Eaux de Wallonie Sociétédigitale…0794.566.590
Shared directors
Linked via shared directors
ACCES DIRECT
via RION Pierre · Permanent representative
BANQUE CPH
via RION Pierre · Administrateur non exécutif
EPM ACADEMY
via RION Pierre · Director
Show 16 more companies with a shared director

Similar companies · same sector, comparable size

Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 4,275 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formCooperative company
Founded08-12-2022
Fiscal year end31-12
Abbreviation FR Digit'Eaux
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
62900Other information technology and computer services
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 2 actsNational Bank · 3 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Enterprise