Join For Water
ActiveSummary
Join For Water has been active since 1977 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of -€36,570. Equity has been growing by about 5.1% per year since 2018. Its solvency ranks better than 29% of 748 sector peers (NACE 94, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 14-01-1977 Normal situation
- Activity
- Activities of membership organisations NACE 94995
- Establishment unit
- 2.155.661.583 9000 Gent, since 22-08-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 04-11-2025
Board and ownership
- Auditor
- Clybouw Bedrijfsrevisoren
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €5.5m
- ▼ 12.6%
- Turnover
- ≈ €9.5m
- estimated
- Deficit
- €36,570
- Equity
- €1.5m
- ▼ 4.8%
- Total assets
- €4.0m
- ▼ 23.0%
- Employees on 31-12-2025
- 24
- ▼ 57.9%
Score breakdownraises riskLoss of €36,570 (financial year 2025)lowers riskLegal form: non-profit associationLiquidity: current ratio 7.03, cash €1.9mSector: Activities of membership organisations (NACE 94)Show the evidence
Checked score
Fewer than 1 in 1,000 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 94, small). It does better than 31% of them on solvency, 87% on liquidity, 28% on profitability and 21% 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
The company filed its last 7 accounts on average 36 days before the deadline. In the sector (NACE 94), the median for financial year 2024 was 29 days before the deadline, and 25% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: Fewer staff in 2025different schema filed ▼ 68.1% View
- Positive: 10th largest employer in East Flanders, Membership organisations sectorin the Checked rankings No. 10 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Flemish supportawarded from 2022 to 2025 €2.1m View
- A director leftlatest change 05-08-2026 · 8 in office 1 left View
Recent changes
- · Gazette deed Resignation: Pierre Van Den Eynde (director)
- · Gazette deed Resignation: Decat Krista (chair)Reappointments: Koning Antonique, Lust Arnoud and Vandorpe Wouter · Appointments: Broekaert Leen, Garré Sarah and Bruggenhout Filip
- · Gazette deed Resignations: Marie Mahieu (director) and Marjolein Vanoppen (director)Reappointments: Frederik Looten, Luc Maes and Marc Sas · Appointment: Ewald Van den Auweland (director)
Comparable companies
These companies have the same main activity as Join For Water: activities of membership organisations (NACE 94995). They are comparable in size and age: total assets between €1.1m and €6.7m, founded between 1964 and 1990.
| Company | Total assets | Gross margin |
|---|---|---|
| Join For Water Gent | €4.0m | €5.5m |
| Oxfam-Wereldwinkels Gent | €5.7m | €1.7m |
| Ucoopia Brussel | €6.7m | €2.5m |
| Association for cultural, technical and educational cooperation Schaarbeek | €1.9m | €4.3m |
| Viva Salud Sint-Joost-ten-Node | €2.5m | €1.9m |
| Solidagro Sint-Niklaas | €1.1m | €2.6m |
| Fairtrade Belgium Elsene | €3.4m | €1.8m |
Key facts about Join For Water
- What is the company number of Join For Water?
- The company number of Join For Water is 0417.299.047. The VAT number is the same number with BE in front: BE 0417.299.047.
- Where is Join For Water based?
- The registered office is at Flamingostraat 36, 9000 Gent.Company details
- What does Join For Water do?
- According to the KBO register, the main activity is activities of membership organisations (NACE 94995).
- What is the legal form of Join For Water?
- The legal form of Join For Water is Non-profit association (VZW).
- When was Join For Water founded?
- Join For Water was founded on 14-01-1977.
- Is Join For Water still active?
- Yes, Join For Water is an active enterprise in the KBO register.
- How many employees does Join For Water have?
- Join For Water had an average of 18.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Join For Water?
- The turnover in financial year 2025 is ≈ €9.5m. This figure is estimated from the gross margin of €5.5m and 1,584 comparable companies of the same size. It probably lies between €6.4m and €16.0m. It is a rough estimate.
- Is Join For Water profitable?
- In financial year 2025, Join For Water made a loss of €36,570.
- Where can I find the annual accounts of Join For Water?
- Join For Water filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Join For Water due?
- Join For Water must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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