My Water
The computed 12-month bankruptcy probability of My Water is 2.8% (moderate). The 2024 annual accounts show equity of €105k and a net result of €-133k. Equity is growing by ~58.8% per year across the filed fiscal years. Its solvency ranks better than 68% of 148 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €105k |
| Net result | €-133k |
| Better than sector | 68% |
| Active | 5 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 36.7% | 20.5% | |
| Net result | €-133k | €-3k | |
| Equity | €105k | €7k | |
| Gross operating margin | €-66k | €1k | |
| Staff costs | €32k | €36k |
Show 9 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-102k |
| Net profit | €-133k |
| Cash flow | €-107k |
| Staff costs | €32k |
| Income taxes | - |
| Dividends | - |
| Total assets | €286k |
| Equity | €105k |
| Debt | €181k |
| of which ≤ 1y | €175k |
| of which > 1y | €6k |
| Working capital | €-150k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.14 |
| Quick ratio | 0.14 |
| Working capital ratio | -52.4% |
| Solvency | 36.7% |
| Debt / equity | 1.72 |
| Long-term debt ratio | 0.06 |
| Interest coverage | -18.91 |
| Gross margin | - |
| Net margin | - |
| ROA | -46.6% |
| ROE | -127.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (23 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €286k |
| Fixed assets | 21/28 | €261k |
| Intangible fixed assets | 21 | €9k |
| Tangible fixed assets | 22/27 | €252k |
| Financial fixed assets | 28 | €310 |
| Current assets | 29/58 | €25k |
| Amounts receivable within one year | 40/41 | €15k |
| Cash & bank | 54/58 | €8k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €286k |
| Equity | 10/15 | €105k |
| Contributions / capital | 10/11 | €413k |
| Accumulated profits (losses) | 14 | €-308k |
| Amounts payable | 17/49 | €181k |
| Amounts payable after one year | 17 | €6k |
| Amounts payable within one year | 42/48 | €175k |
| Trade debts payable within one year | 44 | €25k |
| Income statement | ||
| Gross operating margin | 9900 | €-66k |
| Operating result | 9901 | €-128k |
| Financial income | 75 | €72 |
| Financial charges | 65 | €5k |
| Result before taxes | 9903 | €-133k |
| Net result for the period | 9904 | €-133k |
| Result to be appropriated | 9905 | €-133k |
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Current08-12-2025 → present
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Current08-12-2025 → present
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Current08-12-2025 → present
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Current08-12-2025 → present
| NACE primary | Vervaardiging van frisdranken en water in flessen(11070) |
| Legal form | Private limited company(610) |
| Incorporation | 24-12-2020 |
| Status | Active |
| Postal code | 1050 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0131/00T000 | Brussels | 5,672 m² | 1 · 3,878 m² | 45.8 m · 8 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
19-01-2026 Change in the board of directors
Technical details
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}17-12-2025 4 directors appointed
- VEROUGSTRAETE Daniel Xavier Freddy Monique, Bestuurder
- PASTURE Mathieu François Pierre, Bestuurder
- ERCOLINI Béatrice Marie Laurence, Bestuurder
- DULAC Gérald Yves, Bestuurder
Technical details
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}15-07-2025 Articles of association amended
Technical details
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}30-12-2024 Articles of association amended
Technical details
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}09-08-2023 Capital increase of €127,500 to €237,500
- €110.000 → €237.500
Technical details
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}02-02-2023 Capital increase of €50,000 to €110,000
- €60.000 → €110.000
Technical details
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}29-12-2020 Incorporation of a new SRL
Technical details
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"person": {
"dob": "1965-04-10",
"name": "MERCIER Pierre Henri",
"niss": null,
"address": "1410 Waterloo, Avenue Tondeur 4"
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"dob": "1987-01-12",
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],
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"incorporation_date": "2020-12-24",
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}| Legal nameFR | My Water |