Sector · NACE 36

Water collection, treatment and supply

71 Belgian companies whose main activity falls under NACE code 36 have filed annual accounts. Their median solvency is 44.8% for financial year 2024.

Companies71
Median solvency44.8%
Median equity295,256 €
Median headcount (FTE)26.6
Founded in the last 3 years7

Sector medians

Computed by Idonis

Distribution across the sector's companies for financial year 2024: a quarter of companies sit below the 1st quartile, half below the median, three quarters below the 3rd quartile.

Indicator1st quartileMedian3rd quartileCompanies
Solvency 16.5%44.8%61.6% 66
Current ratio 0.751.372.36 65
ROE -0.2%10.2%19.8% 57
Equity 48,777 €295,256 €€6.74m 66
Total assets 123,179 €790,481 €€22.3m 66
Net result −10,934 €21,919 €255,376 € 66
Headcount (avg FTE) 4.626.6132.4 32

Medians computed by Idonis from annual accounts filed with the National Bank, all sizes combined. The same panel is the sector benchmark on every company page. Method

Largest companies: Water collection, treatment and supply

Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.

#Company Total assetsRevenue EquityFTEYear
1 Farys 9000 Ghent €3.81bn €576.9m €2.04bn 974.0 2025
2 Societe Wallonne DES Eaux 4800 Verviers €2.56bn €631.3m €1.52bn 1,318.2 2025
3 Vlaamse Maatschappij voor Watervoorziening 1030 Schaerbeek €2.25bn €838.3m €1.26bn 1,594.8 2024
4 Vivaqua 1000 Brussels €1.76bn €356.0m €569.7m 1,260.3 2025
5 Pidpa 2280 Grobbendonk €1.59bn €402.7m €859.3m 715.6 2025
6 Water-Link 2018 Antwerp €571.5m €254.5m €313.7m 481.0 2025
7 Compagnie Intercommunale Liégeoise des Eaux 4031 Liège €460.1m €159.7m €366.6m 393.7 2025
8 Hydria 1000 Brussels €300.6m €45.0m €178.7m 67.2 2025
9 Pollet Water Group 8680 Koekelare €215.3m €22.5m €104.0m 4.7 2025
10 Intercommunale D'Etude ET DE Gestion 7700 Mouscron €190.1m €19.7m €106.2m 87.5 2025
11 Intercommunale namuroise de Services publics 5100 Namur €185.8m €49.1m €55.2m 268.8 2025
12 Autonoom Gemeentebedrijf "Stadsontwikkeling Knokke-Heist" 8300 Knokke-Heist €146.7m €23.5m €50.3m 41.2 2025
13 Intercommunale Waterleidingsmaatschappij van Veurne Ambacht 8670 Koksijde €99.1m €26.5m €52.9m 42.8 2025
14 Aquiris 1130 Brussels €82.3m €54.2m €7.59m 66.8 2024
15 Evides Antwerpen Water 2630 Aartselaar €48.6m €13.8m €9.08m — 2025
16 Association Intercommunale des Eaux du Condroz 5361 Hamois €29.9m — €24.8m 25.8 2025
17 Aqualex 8540 Deerlijk €28.8m €19.0m €4.40m 82.9 2025
18 Mainvault 4800 Verviers €25.2m €7.61m €23.5m — 2025
19 Association Intercommunale des Eaux de la Molignée 5640 Mettet €20.2m €6.30m €13.6m 22.8 2025
20 Aaqua 2860 Sint-Katelijne-Waver €10.9m — €4.25m 28.4 2025

“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.

Sub-sectors

Frequently asked questions

How many Water collection, treatment and supply companies are there in Belgium?

71 Belgian companies whose main activity falls under NACE code 36 (Water collection, treatment and supply) have filed annual accounts with the National Bank.

What is the median solvency in Water collection, treatment and supply?

For financial year 2024, median solvency (equity over total assets) is 44.8%. The middle half of companies lies between 16.5% and 61.6% (66 companies).

What is the largest company in Water collection, treatment and supply?

By total assets, it is Farys (€3.81bn, financial year 2025).

Where are Water collection, treatment and supply companies based?

The municipalities with the most: Brussels (3), Ghent (3), Woluwe-Saint-Pierre (2).

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Active companies (legal entities) that have filed at least one set of annual accounts, based on the Crossroads Bank for Enterprises and the National Bank of Belgium. The sector is the main activity in the register; the municipality is that of the registered office. Data updated on 10 Oct 2026.