VAN DE WATER KOEN
ActiveSummary
The computed 12-month bankruptcy probability of VAN DE WATER KOEN is 1.8% (moderate). The 2024 annual accounts show equity of €37k and a net result of €36k. Its solvency ranks better than 52% of 15869 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency67
Growth-
Track record67
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.38; short-term debt: 49.8% and cash: 51% of total assets), and 58.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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 46
Relative position
BE, all sectors
reference
Sector 46
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
41.7%
Return on assets
40%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 1 filingDeviation from the deadline
2024
28 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€37k
Total assets
€89k
Net result
€36k
Working capital
€17k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €89k
Fixed assets
€28k
Current assets
€61k
Equity and liabilities €89k
Equity
€37k
Debt
€52k
Debt finances 58.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€55k
Cash flow
€45k
Current ratio
1.38
Debt to equity
1.40
ROE
95.8%
ROA
40.0%
Interest coverage
153.01
Debt ≤ 1 year
€44k
Debt > 1 year
€7k
Income taxes
€10k
Filed annual accounts As filed with the NBB · 2024 · 44 lines
Balance sheet
Code2024
Assets
Total assets20/58€89k
Fixed assets21/28€28k
Tangible fixed assets22/27€28k
Plant, machinery and equipment23€5k
Furniture and vehicles24€23k
Current assets29/58€61k
Amounts receivable within one year40/41€16k
Trade receivables40€15k
Other amounts receivable41€354
Cash at bank and in hand54/58€45k
Equity and liabilities
Total equity and liabilities10/49€89k
Equity10/15€37k
Contributions10/11€2k
Reserves13€35k
Distributable reserves133€35k
Amounts payable17/49€52k
Amounts payable after more than one year17€7k
Financial debts170/4€7k
Amounts payable within one year42/48€44k
Current portion of amounts payable after more than one year42€5k
Trade debts44€2k
Suppliers440/4€2k
Taxes, remuneration and social security45€8k
Taxes450/3€6k
Remuneration and social security454/9€2k
Other amounts payable47/48€29k
Accrued charges and deferred income492/3€250
Income statement
Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k
Other operating charges640/8€462
Gross operating margin9900€56k
Operating profit (loss)9901€46k
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€361
Recurring financial charges65€361
Profit (loss) for the period before taxes9903€45k
Income taxes67/77€10k
Profit (loss) for the period9904€36k
Profit (loss) for the period to be appropriated9905€36k
Appropriation of the result
Profit (loss) to be appropriated9906€36k
Transfer to equity691/2€35k
To other reserves6921€35k
Profit to be distributed694/7€833
Return on contributions (dividend)694€833
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
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Brugge · 1 establishment unit since 2024
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.
Brugse Steenweg 1668000 BruggeGround area
318 m²
Building footprint
154 m²
Volume, LiDAR
708 m³
Parcel 31014A0156/00M004, Flanders · tallest building 9.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VAN DE WATER KOEN
since 20242.355.069.730
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31014A0156/00M004 | Flanders | 318 m² | 1 · 154 m² | 9.7 m · 1 fl. |
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
Sanibuy
BE 0785.602.505
Leopoldsburg · Eq €37,689
DRE Import-Export
BE 0685.590.852
Etterbeek · Eq €37,783
LEMMENS CONSULTING
BE 0753.753.841
Genk · Eq €36,222
TLX CONSTRUCT
BE 0503.788.009
Profondeville · Eq €38,028
Jan Van Backlé
BE 0823.307.690
Brasschaat · Eq €36,150
Of 1,137 companies in sector 46130 we hold annual accounts for 646. 447 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
Founded16-01-2024
Fiscal year end31-12
Activities, NACEBEL 2025
46130Agents in the wholesale of timber and building materials
22240Manufacture of rubber and plastic products
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.