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WATAPANA

Active
Private limited companyfounded 20232 years activeAnnuntiatenstraat 89, 8000 Brugge, BelgiumKBO/BCE: BE 1003.078.285
Summary

WATAPANA has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85,183 and a net result of €38,574. Equity is growing by ~76.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Activity not known1 site
Size
€87,649total assets 2025
Equity
€85,183
Profit
€38,574
Turnover not published (abridged schema)
Financial health
72 Healthy Checked score 2025
Bankruptcy probability, 12 months
0.7%
Structure
Accounts filed 31 days late0 of 1 deed read
Why 72- Founded in 2023- No main activity registered- Latest accounts 31 days late; 1 of the last 3 late+ Liquidity: current ratio 34.67, cash €52,834Show the evidence

Checked score

Score 2025
72 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 89% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 97.2% of total assets
Liquidity 100+6
short-term debt 2.8% · cash 60.3%
Profitability 100=
return on assets 44.0%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 01-2025: 1.0% 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.1%▲ +0.1 percentage points vs 02-2025 04-2025: 1.2%▲ +0.1 percentage points vs 03-2025 05-2025: 1.3%▲ +0.1 percentage points vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025highest value 07-2025: 0.4%▼ -0.9 percentage points vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025lowest value 01-2026: 0.5%▲ +0.1 percentage points vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.6%▲ +0.1 percentage points vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 1.2%▲ +0.5 percentage points vs 07-2026 09-2026: 0.7%▼ -0.5 percentage points vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026
Credit up to €6,000 at 30 days only on tighter terms
Liquidity ample (current ratio 34.67 against 4.65 in 2024; short-term debt: 2.8% and cash: 60.3% of total assets), and 2.8% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 81% on solvency, 95% on liquidity, 90% on profitability and 91% on growth.

The bankruptcy probability was computed on 07-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 34.67, cash €52,834
NBB · annual accounts
raises risk · Founded in 2023
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · No main activity registered
KBO
raises risk · Latest accounts 31 days late; 1 of the last 3 late
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 3 filings
Deviation from the deadline
2025
31 days late
2024
45 days early
2023
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 15 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 June (3 of the last 3 filed years within 62 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Highest result since 2023net €38,574 ▲14.7%
  3. Liquidity times 7current ratio 34.67

Key points

  • Total assets 20253 fiscal years filed €87,649 View
  • Active since 2023founded 06-12-2023 2 years View

By topic

Financials

Fiscal year
2025
Total assets
€87,649
Profit
€38,574
Solvency
97.2%
Total assets▲ 50.0%
Net result
20232025
Go to Financials

Timeline

Events
6
Since
2024
Next accounts
by 31-07-2027
  1. 16-06-2025Annual accounts filed
  2. 31-12-2024Liquidity doubles
  3. 29-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
06-12-2023
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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