HOLYWATER
ActiveThe computed 12-month bankruptcy probability of HOLYWATER is 3.7% (moderate). The 2024 annual accounts show equity of €19k and a net result of €-1k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 40% of 18941 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
41
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability49▼-27
Solvency42▼-22
Growth78=
Track record100
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.64 against 0.74 in 2023; short-term debt: 42.9% and cash: 11.2% of total assets), and 83.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
16.9%
Return on assets
-1%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
28 d early
2022
11 d early
2021
51 d late
2020
12 d late
2019
14 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€19k▼ 5.5%
2023 · €20k
2018: €-7k
2019: €-19k
2020: €-11k
2021: €5k
2022: €17k
2023: €20k
2018 → 2024
Total assets
€113k▲ 117%
2023 · €52k
2018: €38k
2019: €29k
2020: €35k
2021: €42k
2022: €48k
2023: €52k
2018 → 2024
Net result
€-1k
2023 · €3k
2018: €-13k
2019: €-12k
2020: €8k
2021: €15k
2022: €13k
2023: €3k
2018 → 2024
Working capital
€-17k▼ 112%
2023 · €-8k
2018: €-17k
2019: €-31k
2020: €-24k
2021: €-15k
2022: €-10k
2023: €-8k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-11k-€5k€17k▲ 263%€20k▲ 17.3%€19k▼ 5.5%
Operating result€9k-€15k▲ 71.3%€13k▼ 17.1%€4k▼ 72.4%€2k▼ 40.8%
Net result€8k-€15k▲ 81.4%€13k▼ 18.2%€3k▼ 76.1%€-1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 41% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €113k
Fixed assets
€82k▲ 186%
Current assets
€31k▲ 32.9%
Equity and liabilities €113k
Equity
€19k▼ 5.5%
Debt
€94k▲ 195%
The debt ratio rises from 61.1% to 83.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€13k▲
2023 · €10k
Cash flow
€10k▼
2023 · €10k
Solvency
16.9%▼
2023 · 38.9%
Current ratio
0.64▼
2023 · 0.74
Quick ratio
0.43▲
2023 · 0.36
Debt / equity
4.90▲
2023 · 1.57
ROE
-5.8%▼
2023 · 14.8%
ROA
-1.0%▼
2023 · 5.7%
Interest coverage
3.77▼
2023 · 19.24
Debt
€94k▲
2023 · €32k
Debt ≤ 1 year
€49k▲
2023 · €32k
Debt > 1 year
€46k
Income taxes
€26
Staff costs
€45k▲
2023 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€52k€113k▲
Fixed assets21/28€29k€82k▲
Tangible fixed assets22/27€18k€76k▲
Plant, machinery and equipment23€991€7k▲
Furniture and vehicles24€13k€11k▼
Other tangible fixed assets26€4k€59k▲
Financial fixed assets28€10k€6k▼
Current assets29/58€24k€31k▲
Stocks and contracts in progress3€12k€10k▼
Stocks30/36€12k€10k▼
Amounts receivable within one year40/41€2k€3k▲
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€10k€13k▲
Deferred charges and accrued income490/1€116€5k▲
Equity and liabilities
Total equity and liabilities10/49€52k€113k▲
Equity10/15€20k€19k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€14k€13k▼
Amounts payable17/49€32k€94k▲
Amounts payable after more than one year17-€46k
Financial debts170/4-€46k
Amounts payable within one year42/48€32k€49k▲
Current portion of amounts payable after more than one year42-€8k
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€6k€12k▲
Taxes450/3€3k€5k▲
Remuneration and social security454/9€2k€7k▲
Other amounts payable47/48€24k€24k▲
Accrued charges and deferred income492/3€202€25▼
Income statement
Code20232024
Remuneration, social security and pensions62€18k€45k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€11k▲
Other operating charges640/8€3k€6k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€31k€65k▲
Operating profit (loss)9901€4k€2k▼
Financial income75/76B-€242
Recurring financial income75-€242
Financial charges65/66B€532€3k▲
Recurring financial charges65€532€3k▲
Profit (loss) for the period before taxes9903€3k€-1k▼
Income taxes67/77-€26
Profit (loss) for the period9904€3k€-1k▼
Profit (loss) for the period to be appropriated9905€3k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€13k▼
Profit (loss) brought forward from the previous period14P€11k€14k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 51 days late
2021
31-12
Financial
Highest result since 2018net €15k ▲81.4%
Operating result €15k, net result €15k, both a record.
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Huy · 2 establishment units since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Place St-Severin 34500 HuyGround area
286 m²
Building footprint
189 m²
Volume, LiDAR
1,797 m³
Parcel 62803A1530/00F000, Wallonia · tallest building 14.3 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
mur coffee & cycling
since 20172.264.700.669
mur coffee & cycling
since 20262.385.383.814
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62803A1530/00F000 ProtectedSite or landscape |
Wallonia | 286 m² | 1 · 189 m² | 14.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via establishment units: 1
1 of 1 parcel 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).
Recognitions · licences · registrations
Food safety, FASFC
2 sitesHuy2.264.700.669
Liège2.385.383.814
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DOK'S
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MOERMEEUW
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Of 14,028 companies in sector 56301 we hold annual accounts for 4,894. 3,984 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-05-2017
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
47639Retail sale of other sporting goods
47640Retail trade
47712Retail trade
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:085 30 12 73