DE WATERLELIE

Active

Public limited companyfounded 1989active for 37 yearsBroekstraat 16, 9831 Sint-Martens-Latem, BelgiumKBO/BCE: BE 0437.264.122

Summary

DE WATERLELIE has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56,648 and a net result of €23,836. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 71% of 140 sector peers (NACE 50, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

DE WATERLELIEActiveChecked score 98/100

Risk analysis Report Compare

Activity

Water transport

NACE 50300

7th oldest company in East Flanders, Water transport sector1 site

Size

€76,706total assets 2025

Staff: 0.7 FTE
Equity: €56,648
Profit: €23,836

Turnover not published (micro format)

Financial health

98 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

Accounts 46 days early0 of 5 deeds read

Why 98lowers riskLiquidity: current ratio 2.60, cash €46,251Sector: Water transport (NACE 50)Equity €56,648 (73.9% of total assets)Size: total assets €76,706Show the evidence

Checked score

Score 2025

98 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 86% of its sector peers (NACE 50, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 99+11

equity 73.9% of total assets

Liquidity 90+7

short-term debt 26.1% · cash 60.3%

Profitability 100=

return on assets 31.1%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (260 companies, NACE 50, micro)

Last 24 months 11-2024: < 0.1%highest value 12-2024: < 0.1%● unchanged vs 11-2024highest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026

Credit of up to €5,000 on 30-day terms is acceptable

Liquidity ample (current ratio 2.6, compared with 2.02 in 2024, above the usual 1.5; short-term debt: 26.1% and cash: 60.3% of total assets), and 26.1% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 50, micro): better than 74% on solvency, 87% on liquidity, 94% on profitability and 89% on growth.

The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskneutral

Liquidity: current ratio 2.60, cash €46,251

NBB · annual accounts

Sector: Water transport (NACE 50)

KBO

Equity €56,648 (73.9% of total assets)

NBB · annual accounts

Size: total assets €76,706

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

46 days early

2024

35 days early

2023

8 days late

2022

38 days early

2021

48 days early

2020

16 days late

2019

28 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 24 days before the deadline; the sector median (NACE 50) for financial year 2024 is 3 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (2)

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 23 June (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

24-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

15-06-2026 Annual accounts filedfinancial year 2025 · micro…
26-06-2025 Annual accounts filedfinancial year 2024 · micro…
08-08-2024 Annual accounts filedfinancial year 2023 · micro…

Key points

Positive: 7th oldest company in East Flanders, Water transport sectorin the Checked rankings No. 7 View
Positive: 8 profitable years in a rowprofit 2025: €23,836 8 years View
Active since 1989founded 11-04-1989 37 years View

By topic

Financials

Financial year: 2025
Total assets: €76,706
Profit: €23,836
Solvency: 73.9%

Total assets▲ 29.7%

Net result

20182025

Go to Financials

Timeline

Events: 38
Since: 1991
Next accounts: by 31-07-2027

23-06-2023Annual accounts filed
31-12-2022Highest result from 2018 to 2025
13-06-2022Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Water transportNACE 50300
Founded: 11-04-1989
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about DE WATERLELIE

What is the company number of DE WATERLELIE?: 0437.264.122. In Belgium the VAT number is the company number with BE in front: BE 0437.264.122.
Where is DE WATERLELIE based?: The registered office is at Broekstraat 16, 9831 Sint-Martens-Latem.Company details
What does DE WATERLELIE do?: According to the KBO register, the main activity is water transport (NACE 50300).
What is the legal form of DE WATERLELIE?: Public limited company (NV).
When was DE WATERLELIE founded?: On 11-04-1989.
Is DE WATERLELIE still active?: Yes, DE WATERLELIE is an active enterprise in the KBO register.
How many employees does DE WATERLELIE have?: On average 0.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of DE WATERLELIE?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is DE WATERLELIE profitable?: In financial year 2025, DE WATERLELIE made a profit of €23,836.
Where can I find the annual accounts of DE WATERLELIE?: DE WATERLELIE filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DE WATERLELIE due?: By 31-07-2027, for financial year 2026.Timeline