UwWaterman.be
ActiveSummary
The computed 12-month bankruptcy probability of UwWaterman.be is 2.3% (moderate). The 2024 annual accounts show equity of €88k and a net result of €-3k. Equity is growing by ~20.8% per year across the filed fiscal years. Its solvency ranks better than 43% of 1633 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability48▲+48
Solvency65▼-5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 6.8 against 3.69 in 2023; short-term debt: 12.1% and cash: 44.4% of total assets), but 60.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
39.6%
Return on assets
-1.3%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
192021222324
2019 to 2024 · latest year €-3k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-09-2025, 50 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
50 d late
2023
47 d late
2022
59 d late
2021
71 d late
2020
61 d late
2019
83 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€88k▼ 3.2%
2023 · €91k
2019: €-5k
2020: €46k
2021: €90k
2022: €139k
2023: €91k
2019 → 2024
Total assets
€221k▲ 9.2%
2023 · €203k
2019: €52k
2020: €109k
2021: €154k
2022: €240k
2023: €203k
2019 → 2024
Net result
€-3k▲ 94.1%
2023 · €-48k
2019: €-17k
2020: €51k
2021: €39k
2022: €49k
2023: €-48k
2019 → 2024
Working capital
€155k▲ 41.9%
2023 · €109k
2019: €27k
2020: €79k
2021: €72k
2022: €156k
2023: €109k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€46k-€90k▲ 97.1%€139k▲ 53.6%€91k▼ 34.8%€88k▼ 3.2%
Operating result€66k-€53k▼ 20.0%€65k▲ 23.5%€-44k€3k
Net result€51k-€39k▼ 23.9%€49k▲ 25.8%€-48k€-3k▲ 94.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €3k after a loss of €44k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €221k
Fixed assets
€40k ▼ 25.2%
Current assets
€182k ▲ 21.3%
Equity and liabilities €221k
Equity
€88k ▼ 3.2%
Debt
€134k ▲ 19.1%
Debt's share of the balance-sheet total rises from 55.3% to 60.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€20k▲
2023 · €-28k
Cash flow
€14k▲
2023 · €-32k
Current ratio
6.80▲
2023 · 3.69
Quick ratio
5.87▲
2023 · 2.51
Debt to equity
1.52▲
2023 · 1.24
ROE
-3.3%▲
2023 · -53.4%
ROA
-1.3%▲
2023 · -23.9%
Interest coverage
3.65▲
2023 · -6.21
Debt ≤ 1 year
€27k▼
2023 · €41k
Debt > 1 year
€107k▲
2023 · €68k
Staff costs
€59k▲
2023 · €34k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€203k€221k▲
Fixed assets21/28€53k€40k▼
Tangible fixed assets22/27€53k€40k▼
Plant, machinery and equipment23€0€984▲
Furniture and vehicles24€52k€36k▼
Other tangible fixed assets26€333€3k▲
Current assets29/58€150k€182k▲
Stocks and contracts in progress3€48k€25k▼
Stocks30/36€48k€25k▼
Amounts receivable within one year40/41€28k€58k▲
Trade receivables40€18k€48k▲
Other amounts receivable41€10k€10k=
Cash at bank and in hand54/58€74k€98k▲
Deferred charges and accrued income490/1-€666
Equity and liabilities
Total equity and liabilities10/49€203k€221k▲
Equity10/15€91k€88k▼
Contributions10/11€19k€19k=
Reserves13€72k€69k▼
Distributable reserves133€72k€69k▼
Profit (loss) carried forward14€0-
Amounts payable17/49€112k€134k▲
Amounts payable after more than one year17€68k€107k▲
Other amounts payable178/9€68k€107k▲
Amounts payable within one year42/48€41k€27k▼
Trade debts44€21k€7k▼
Suppliers440/4€21k€7k▼
Taxes, remuneration and social security45€20k€20k▼
Taxes450/3€17k€15k▼
Remuneration and social security454/9€3k€5k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€4k€0▼
Income statement
Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€34k€59k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€17k▲
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A-€5k
Gross operating margin9900€7k€86k▲
Operating profit (loss)9901€-44k€3k▲
Financial income75/76B€337€6▼
Recurring financial income75€337€6▼
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€-48k€-3k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-48k€-3k▲
Profit (loss) for the period to be appropriated9905€-48k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-48k€-3k▲
Transfer from equity791/2€48k€3k▼
Transfer to equity691/2€0-
To the legal reserve6920€0-
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 50 days late
2024
16-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 47 days late
2023
31-12
Financial
Weakest financial yearnet €-48k ▼198%
Net result drops to €-48k, the lowest in the series; recovery starts the following year.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-12
Financial
Equity above €100kEq €139k ▲53.6%
3 profitable years in a row build equity to €139k.
10-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 71 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Back to profitnet €51k
Net result €51k after one loss-making year.
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 83 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rijshoutstraat 769032 GentGround area
206 m²
Parcel 44074C0310/00L002, Flanders. Linked by address, not a title deed.
1 establishment unit
UwWaterman
since 20192.284.067.710
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44074C0310/00L002 | Flanders | 206 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Schutter Belgium
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MUNIN
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AMT - Technical Services
BE 1016.383.816
Antwerpen · Eq €89,082
IDAUTOMATION
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DIVAS
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Antwerpen · Eq €85,989
Of 1,225 companies in sector 33200 we hold annual accounts for 676. 516 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
33200Installation of industrial machinery and equipment
43990Other specialised construction activities
28299Manufacture of machinery and equipment not elsewhere classified
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.uwwaterman.be
E-mail:info@uwwaterman.be