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CFWAT

Active
Private limited companyfounded 20251 yr activeChaussée de Nivelles 12, 1410 Waterloo, BelgiumKBO/BCE: BE 1019.881.358
Summary

CFWAT has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€5,210) and a net result of -€6,210. Its solvency ranks better than 24% of 2344 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
44 / 100
Weak
Negative equity caps the score. Every signal that weighs is under Signals.
Axes
Profitability25
Solvency18
Growth-
Track record67
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.63; short-term debt: 49.2% and cash: 19.7% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
-6.8%
Return on assets
-8.1%
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
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 30-07-2026, 1 day ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
1 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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

History

On 11 February 2025, CFWAT was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€5,210
Total assets
€76,946
Net result
-€6,210
Working capital
-€14,188

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €76,946
Fixed assets €53,272
Current assets €23,674
Key figures and ratios
2025 value
EBITDA
€8,549
Cash flow
€4,064
Solvency
-6.8%
Current ratio
0.63
Debt to equity
-15.77
ROA
-8.1%
Interest coverage
1.91
Debt
€82,155
Debt ≤ 1 year
€37,862
Debt > 1 year
€44,293

Peer companies

Historical observation

Of the 232 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.

  • Micro
  • under 2 years old
  • negative equity
  • a small loss
1.7% went bankrupt
1.7% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 232 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€76,946
Fixed assets21/28€53,272
Tangible fixed assets22/27€53,272
Plant, machinery and equipment23€5,474
Furniture and vehicles24€46,661
Leasing and similar rights25€1,138
Current assets29/58€23,674
Amounts receivable within one year40/41€8,483
Trade receivables40€8,483
Cash at bank and in hand54/58€15,191
Equity and liabilities
Total equity and liabilities10/49€76,946
Equity10/15-€5,210
Contributions10/11€1,000
Profit (loss) carried forward14-€6,210
Amounts payable17/49€82,155
Amounts payable after more than one year17€44,293
Financial debts170/4€44,293
Amounts payable within one year42/48€37,862
Current portion of amounts payable after more than one year42€7,103
Trade debts44€6,510
Suppliers440/4€6,510
Taxes, remuneration and social security45€2,820
Taxes450/3€2,820
Other amounts payable47/48€21,428
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,273
Gross operating margin9900€8,549
Operating profit (loss)9901-€1,724
Financial charges65/66B€4,485
Recurring financial charges65€4,485
Profit (loss) for the period before taxes9903-€6,210
Profit (loss) for the period9904-€6,210
Profit (loss) for the period to be appropriated9905-€6,210
Appropriation of the result
Profit (loss) to be appropriated9906-€6,210

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,273
Gross operating margin9900€8,549
Operating profit (loss)9901-€1,724
Financial charges65/66B€4,485
Recurring financial charges65€4,485
Profit (loss) for the period before taxes9903-€6,210
Profit (loss) for the period9904-€6,210
Profit (loss) for the period to be appropriated9905-€6,210
Line2025
Assets
Total assets20/58€76,946
Fixed assets21/28€53,272
Tangible fixed assets22/27€53,272
Plant, machinery and equipment23€5,474
Furniture and vehicles24€46,661
Leasing and similar rights25€1,138
Current assets29/58€23,674
Amounts receivable within one year40/41€8,483
Trade receivables40€8,483
Cash at bank and in hand54/58€15,191
Equity and liabilities
Total equity and liabilities10/49€76,946
Equity10/15-€5,210
Contributions10/11€1,000
Profit (loss) carried forward14-€6,210
Amounts payable17/49€82,155
Amounts payable after more than one year17€44,293
Financial debts170/4€44,293
Amounts payable within one year42/48€37,862
Current portion of amounts payable after more than one year42€7,103
Trade debts44€6,510
Suppliers440/4€6,510
Taxes, remuneration and social security45€2,820
Taxes450/3€2,820
Other amounts payable47/48€21,428
Line2025
Profit (loss) for the period9904-€6,210
+ Depreciation and write-downs630€10,273
Operating cash flow (approximation)€4,064

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
30-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Waterloo · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
1,416 m²
Building footprint
817 m²
Volume, LiDAR
3,207 m³
Parcel 25764Q0159/00K000, Wallonia · tallest building 7.3 m, ±1 floor. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
CFWAT
Chaussée de Nivelles 12, 1410 WaterlooRetail sale of clothing and accessories for women, men, children and babies (general range)
since 20252.371.356.624
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25764Q0159/00K000 Wallonia 1,416 m² 1 · 817 m² 7.3 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Waterloo2.371.356.624
2 permissions
Toelating · Detailhandel · since 29-05-2026
Drankgelegenheid · since 26-03-2025

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 3,293 companies in sector 93110 we hold annual accounts for 1,496. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded11-02-2025
Fiscal year end31-12
Activities, NACEBEL 2025
93110Operation of sports facilities
47279Other retail sale of food
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
56112Limited-service restaurants, excluding mobile food services
68110Buying and selling of own real estate
93130Fitness centres
Contact
E-mail info.crossfitwaterloo@gmail.com
Phone +32488864317
E-invoicing
Reachable via Peppol
Peppol ID 0208:1019881358
Registered 22-12-2025

Register as of 26 September 2026 · Peppol Directory

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