Cobalt Water EU
ActiveFrom the official registers: KBO 11 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of Cobalt Water EU is 2.1% (moderate). The annual accounts of Cobalt Water EU for financial year 2025 show a net loss of 103% of total assets and of 89% of the equity at the start of that year. The 2025 annual accounts show equity of €4,106 and a net result of -€31,800. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 20% of 65 sector peers (NACE 36, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 23-04-2015 Normal situation
- Registered office
- 83 active companies are registered at this address 4 started in the 12 months before. Source: KBO register, as of 1 November 2026.
- Activity
- Water collection, treatment and supply NACE 36000
- Establishment unit
- 2.242.324.650 9000 Gent, since 23-04-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 31-10-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.1%
- Gross margin
- -€27,300
- Loss
- €31,800
- Equity
- €4,106
- ▼ 88.6%
- Total assets
- €30,817
- ▼ 46.8%
Score breakdownraises riskLast filed accounts filed 76 days late; 1 of the last 3 accounts lateLoss of €31,800 (financial year 2025)Liquidity: current ratio 0.87, cash €413, halvedlowers riskSize: total assets €30,817Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 36, micro). It does better than 28% of them on solvency, 2% on liquidity, 7% on profitability and 7% on growth.
The bankruptcy probability was computed on 31-10-2026 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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Signals
The company filed its last 7 accounts on average 2 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Key points
- Caution: Lower net result than 93% of companies in water collection and supplysector median €50,951 · 65 companies -€31,800 View
Comparable companies
These companies have the same main activity as Cobalt Water EU: water collection, treatment and supply (NACE 36000). They are comparable in size and age: total assets between €3,680 and €213,000, founded between 2000 and 2021.
| Company | Total assets | Gross margin |
|---|---|---|
| Cobalt Water EU Gent | €30,817 | -€27,300 |
| VALPROMIC Gent | €13,496 | €912 |
| TOC SERVICES Charleroi | €101,267 | -€33,507 |
| BELLEAQUA AGRO Wuustwezel | €158,670 | -€1,340 |
| BEVIL'ACQUA Tubize | €21,508 | €2,110 |
| H 2 O NICS Berlaar | €212,846 | -€24,120 |
| AQUAFIT W.P.T. Oostkamp | €3,676 | -€3,616 |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 15-10-2026
- Annual accounts 2024filed on 31-07-2025
- Annual accounts 2023filed on 16-07-2024
- Annual accounts 2022filed on 31-08-2023
Acts in the Belgian Official Gazette
All publications in the Belgian Official GazetteArticles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about Cobalt Water EU
- What is the company number of Cobalt Water EU?
- The company number of Cobalt Water EU is 0628.843.476. The VAT number is the same number with BE in front: BE 0628.843.476.
- Where is Cobalt Water EU based?
- The registered office is at Franklin Rooseveltlaan 349, 9000 Gent.Company details
- What does Cobalt Water EU do?
- According to the KBO register, the main activity is water collection, treatment and supply (NACE 36000).
- What is the legal form of Cobalt Water EU?
- The legal form of Cobalt Water EU is Private limited company (BV).
- When was Cobalt Water EU founded?
- Cobalt Water EU was founded on 23-04-2015.
- Is Cobalt Water EU still active?
- Yes, Cobalt Water EU is an active enterprise in the KBO register.
- How many employees does Cobalt Water EU have?
- Cobalt Water EU had an average of 1 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of Cobalt Water EU?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.
- Is Cobalt Water EU profitable?
- In financial year 2025, Cobalt Water EU made a loss of €31,800.
- Where can I find the annual accounts of Cobalt Water EU?
- Cobalt Water EU filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of Cobalt Water EU due?
- Cobalt Water EU must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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