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Clean Water Global

Active
Private limited companyfounded 2019active for 6 yearsNieuwpoortlaan 21, 3600 Genk, BelgiumKBO/BCE: BE 0739.777.428
Summary

The computed 12-month bankruptcy probability of Clean Water Global is 1.9% (moderate). The annual accounts of Clean Water Global for financial year 2025 show a net loss of 56% of total assets and of 87% of the equity at the start of that year. The 2025 annual accounts show equity of €38,420 and a net result of -€259,149. Equity has been growing by about 9% per year since 2020. Its solvency ranks better than 13% of 34,902 sector peers (NACE 43, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 18-12-2019 Normal situation
Registered office
23 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
Painting of buildings NACE 43341and 1 other
Joint committees
207 Paritair Comité voor de bedienden uit de scheikundige nijverheid
116 Paritair Comité voor de scheikundige nijverheid · annual accounts 2025
Establishment unit
2.296.895.365 3600 Genk, since 18-12-2019
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
and 2 others

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.9%
Annual accounts 2025
Gross margin
-€86,477
▲ 43.9%
Loss
€259,149
▲ 16.8%
Equity
€38,420
▼ 87.1%
Total assets
€465,398
▲ 34.8%
Employees on 31-12-2025
3
Turnover not published (micro format)
Filed on 22-07-2026, 9 days before the deadline
Score breakdownraises riskLoss of €259,149, the second in a row (financial year 2025)1 change of registered office in 24 monthsEquity €38,420 (8.3% of total assets)lowers riskLiquidity: current ratio 7.88, cash €194,464Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 29% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 33-67
equity 8.3% of total assets
Liquidity 100+45
short-term debt 10.7% · cash 41.8%
Profitability 0=
return on assets -55.7%
Bankruptcy probability within 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024lowest value 02-2025: 2.7%▲ +2.2 percentage points vs 01-2025 03-2025: 2.7%● unchanged vs 02-2025 04-2025: 2.9%▲ +0.2 percentage points vs 03-2025 05-2025: 3.0%▲ +0.1 percentage points vs 04-2025 06-2025: 3.3%▲ +0.3 percentage points vs 05-2025 07-2025: 3.4%▲ +0.1 percentage points vs 06-2025 08-2025: 6.0%▲ +2.6 percentage points vs 07-2025 09-2025: 6.0%● unchanged vs 08-2025 10-2025: 6.0%● unchanged vs 09-2025 11-2025: 6.0%● unchanged vs 10-2025 12-2025: 6.0%● unchanged vs 11-2025highest value 01-2026: 6.0%● unchanged vs 12-2025highest value 02-2026: 6.0%● unchanged vs 01-2026highest value 03-2026: 5.3%▼ -0.7 percentage points vs 02-2026 04-2026: 2.3%▼ -3.0 percentage points vs 03-2026 05-2026: 2.4%▲ +0.1 percentage points vs 04-2026 06-2026: 2.4%● unchanged vs 05-2026 07-2026: 2.6%▲ +0.2 percentage points vs 06-2026 08-2026: 1.9%▼ -0.7 percentage points vs 07-2026 09-2026: 1.9%● unchanged vs 08-2026 10-2026: 1.9%● unchanged vs 09-2026 11-2026: 1.9%● unchanged vs 10-2026
Credit of up to €2,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 7.88 (5.13 in 2024), above the usual 1.5. Short-term debt is 10.7% and cash 41.8% of total assets. However, 91.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 13% of them on solvency, 96% on liquidity, 4% on profitability and 4% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Loss of €259,149, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Equity €38,420 (8.3% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 7.88, cash €194,464
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
202122232425
2020 to 2025 · latest year -€259,149
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 34902 sector peers (2025).
NBB · sector comparison
Position among 34902 sector peers
Solvency
better than 13%
← weakest strongest →
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 22-07-2026, 9 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
9 days early
2024
20 days early
2023
26 days early
2022
6 days early
2021
13 days early
2020
24 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 8 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Equity fell in 2025from €297,569 to €38,420 ▼ 87.1% View
  • Caution: Lower net result than 95% of companies in specialised constructionsector median €10,227 · 34,889 companies -€259,149 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€259,149 View
  • Flemish supportawarded from 2022 to 2025 €314,259 View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

Recent changes

  1. · Gazette deed Registered office moved from Hechtel-Eksel to Genk
  2. · Gazette deed Appointments: Michel Decorte, Jean-Pierre Mellen and Xavier Marchant
  3. · Gazette deed Registered office moved from Maaseik to Hechtel-Eksel
All 16 events

Comparable companies

These companies have the same main activity as Clean Water Global: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €190,000 and €483,000, founded between 2009 and 2022.

CompanyTotal assetsGross margin
Clean Water Global Genk€465,398-€86,477
Famke's Kaleishop Grobbendonk€482,726-€16,969
CAMELEON Gent€420,873-€4,834
Reno-Deco Ieper€200,726€590
Buda BV Wortegem-Petegem€197,259€434
House and Industrial Painting Kalmthout€406,604-€19,516
CLEOBAT Charleroi€189,794-€1,192
Full comparison

Key facts about Clean Water Global

What is the company number of Clean Water Global?
The company number of Clean Water Global is 0739.777.428. The VAT number is the same number with BE in front: BE 0739.777.428.
Where is Clean Water Global based?
The registered office is at Nieuwpoortlaan 21, 3600 Genk.Company details
What does Clean Water Global do?
According to the KBO register, the main activity is painting of buildings (NACE 43341).
What is the legal form of Clean Water Global?
The legal form of Clean Water Global is Private limited company (BV).
When was Clean Water Global founded?
Clean Water Global was founded on 18-12-2019.
Is Clean Water Global still active?
Yes, Clean Water Global is an active enterprise in the KBO register.
How many employees does Clean Water Global have?
Clean Water Global had an average of 2.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Clean Water Global fall under?
In its 2025 annual accounts, Clean Water Global states joint committees 207 (Paritair Comité voor de bedienden uit de scheikundige nijverheid) and 116 (Paritair Comité voor de scheikundige nijverheid).
What is the turnover of Clean Water Global?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
Is Clean Water Global profitable?
In financial year 2025, Clean Water Global made a loss of €259,149.
Where can I find the annual accounts of Clean Water Global?
Clean Water Global filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Clean Water Global due?
Clean Water Global must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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