Equity
-€26,389
Debts exceed assets in financial year 2025.
KM WATER
Lifetime
20 annual accounts with figures on one time axispeak €61,107 (2017)
-€2,193▼ €1,423
lowest -€69,529 (2010)
-€3,925▼ €1,705
peak €9,091 (2009)
-€26,389▼ €3,925
€235,885▲ 2.5%
peak 0.8 FTE (2009)
-not published
Board3 names since 2021
3 directors and 2 others
Owners
Documentsfilings and deeds
24-06-202637 days before the deadline
2025micro format
Gross margin from -€771 to -€2,193Loss of €3,925Equity from -€22,463 to -€26,389
Key points
from the 2025 annual accountsLosses
-€6,146 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€235,885 113% of the balance sheet
Turnover not published (abbreviated or micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,795 companies had the same profile as KM WATER has now. Each dot stands for 7 companies, two years later.
90.3%
were still trading
6.1%
stopped another way
2.1%
went bankrupt
Another 1.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,795 companies, not a prediction for KM WATER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director
Director
Director
- 98.92%equity €4.3m (2025) · 2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0878287785
Change of role: , from statutory manager to statutory director
Appointment: (statutory director) · “De handel in eigen onroerend goed: flatgebouwen, woningen, niet voor bewoning bestemde gebouwen, grond; De…” (deed in Dutch) · Director discharge: · General meeting of 06-12-2023 · Gazette deed
Company renamed from ORCA to KM WATER
General meeting of 22-01-2016 · Gazette deed
First establishment
Orca, Nijverheidslaan 13, Poperinge
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KM WATER Poperinge | €209,496 | -€2,193 | -12.6% | - |
| KORAY Evere | €188,932 | €389 | 67.3% | - |
| GP2Design Kortenberg | €175,163 | -€20,506 | 71.8% | - |
| A - TRADE Ranst | €237,992 | -€13,381 | -312.8% | - |
| PRO-HORECA Morlanwelz | €187,960 | -€1,264 | 67.3% | - |
| AGRIFIMO Merchtem | €205,709 | -€1,526 | 55.8% | 0 |
| SAFTA Antwerp | €350,934 | -€54,776 | -8.1% | - |
These companies have the same main activity as KM WATER: agents in the wholesale of food, beverages and tobacco (NACE 46170). They are comparable in size and age: total assets between €175,000 and €351,000, founded between 2001 and 2009.
Official details
Source: KBO- Status
- Active since 30-12-2005Normal situation
- Activity
- Agents in the wholesale of food, beverages and tobaccoNACE 46170and 2 others
- Establishment unit
- 2.151.062.2018970 Poperinge, since 16-01-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 16-12-2025
Annual accounts 2025
- €209,496▲ 0.8%
- Filing
- Filed on 24-06-2026, 37 days before the end of the filing period
Insights on KM WATER
KM WATER files the micro format. That format states no turnover. The gross margin rose from -€2,325 in 2006 to -€2,193 in 2025.
holds 98.92% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about KM WATER
- What is the company number of KM WATER?
- The company number of KM WATER is 0878.287.785. The VAT number is the same number with BE in front: BE 0878.287.785.
- Where is KM WATER based?
- The registered office is at Nijverheidslaan 13, 8970 Poperinge.Company details
- What does KM WATER do?
- According to the KBO register, the main activity is agents in the wholesale of food, beverages and tobacco (NACE 46170).
- What is the legal form of KM WATER?
- KM WATER is a private limited company (BV).
- When was KM WATER founded?
- KM WATER was founded on 30-12-2005.
- Is KM WATER still active?
- Yes, KM WATER is an active enterprise in the KBO register.
- What is the turnover of KM WATER?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is KM WATER profitable?
- In financial year 2025, KM WATER made a loss of €3,925.
- Where can I find the annual accounts of KM WATER?
- KM WATER filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KM WATER due?
- KM WATER must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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