WATERKANT CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of WATERKANT CONSTRUCT is 2.4% (moderate). The 2025 annual accounts show equity of €35k and a net result of €-909. Equity is shrinking by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 20% of 2179 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
28
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability18=
Solvency37▼-11
Growth58=
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.13 against 1.3 in 2024; short-term debt: 88.5% and cash: 0.3% of total assets), and 88.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
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 2025Solvency, return and age of the figures
Solvency
11.5%
Return on assets
-0.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 2179 sector peers (2025).
NBB · sector comparisonPosition among 2179 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
4 d late
2024
16 d early
2023
59 d late
2022
24 d late
← 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€35k▼ 2.5%
2024 · €36k
2022: €41k
2023: €37k
2024: €36k
2022 → 2025
Total assets
€308k▲ 94.8%
2024 · €158k
2022: €41k
2023: €54k
2024: €158k
2022 → 2025
Net result
€-909▲ 19.5%
2024 · €-1k
2022: €-9k
2023: €-3k
2024: €-1k
2022 → 2025
Working capital
€35k▼ 2.0%
2024 · €36k
2023: €37k
2024: €36k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€41k-€37k▼ 7.7%€36k▼ 3.0%€35k▼ 2.5%
Operating result€-9k-€-3k▲ 67.6%€-1k▲ 66.7%€-789▲ 21.7%
Net result€-9k-€-3k▲ 67.1%€-1k▲ 63.7%€-909▲ 19.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €789 in 2025 against €1k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €308k
Equity
€35k ▼ 2.5%
Debt
€272k ▲ 124%
Debt's share of the balance-sheet total rises from 77.0% to 88.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-600▲
2024 · €-819
Cash flow
€-721▲
2024 · €-941
Current ratio
1.13▼
2024 · 1.30
Quick ratio
0.03▼
2024 · 0.03
Debt to equity
7.69▲
2024 · 3.35
ROE
-2.6%▲
2024 · -3.1%
ROA
-0.3%▲
2024 · -0.7%
Interest coverage
-4.97▲
2024 · -6.72
Debt ≤ 1 year
€272k▲
2024 · €122k
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 · 28 lines
Balance sheet
Code20242025
Assets
Total assets20/58€158k€308k▲
Formation expenses20€377€188▼
Current assets29/58€158k€307k▲
Stocks and contracts in progress3€154k€300k▲
Stocks30/36€154k€300k▲
Amounts receivable within one year40/41€133€7k▲
Other amounts receivable41€133€7k▲
Cash at bank and in hand54/58€4k€962▼
Equity and liabilities
Total equity and liabilities10/49€158k€308k▲
Equity10/15€36k€35k▼
Contributions10/11€50k€50k=
Profit (loss) carried forward14€-14k€-15k▼
Amounts payable17/49€122k€272k▲
Amounts payable within one year42/48€122k€272k▲
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Other amounts payable47/48€119k€271k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€188€188=
Other operating charges640/8€561€588▲
Gross operating margin9900€-258€-12▲
Operating profit (loss)9901€-1k€-789▲
Financial charges65/66B€122€121▼
Recurring financial charges65€122€121▼
Profit (loss) for the period before taxes9903€-1k€-909▲
Profit (loss) for the period9904€-1k€-909▲
Profit (loss) for the period to be appropriated9905€-1k€-909▲
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€-15k▼
Profit (loss) brought forward from the previous period14P€-13k€-14k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 4 days late
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 59 days late
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Berlare
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.
Kruisstraat(O) 129290 BerlareGround area
156 m²
Building footprint
156 m²
Volume, LiDAR
984 m³
Parcel 42017D1088/00C000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42017D1088/00C000 | Flanders | 156 m² | 1 · 156 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Hugues Deblir Construction
BE 0784.523.231
Somme-Leuze · Eq €35,392
ACTIBAT CONSTRUCTION
BE 0740.473.353
Dour · Eq €35,395
BOGAD
BE 0769.424.883
Grimbergen · Eq €35,401
MICHIEL SCHOUWAERTS
BE 0799.553.677
Antwerpen · Eq €35,371
REDI CONSTRUCT
BE 0788.590.006
Huldenberg · Eq €35,368
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 12,683 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 formPrivate limited company
Founded26-08-2021
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.