Water-Link

Active

Opdrachthoudende vereniging (Vlaams Gewest)founded 1968active for 57 yearsMechelsesteenweg 66, 2018 Antwerpen, BelgiumKBO/BCE: BE 0204.923.881

Summary

For the legal form of Water-Link, Checked does not compute a bankruptcy probability. The 2025 annual accounts show equity of €313.7m and a net result of €16.5m. Equity is growing by about 2.7% per year across the filed financial years. Its solvency ranks better than 60% of 64 sector peers (NACE 36, financial year 2025). The company has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

Water-LinkActiveChecked score 66/100

Risk analysis Report Compare

Activity

Water collection, treatment and supply

NACE 36000

#1 company by total assets in Antwerp, Water and waste sector8 sites

Size

€254.5mturnover 2025

Staff: 481 FTE
Equity: €313.7m
Profit: €16.5m

Financial health

66 Healthy Checked score 2025

Bankruptcy probability: legal form outside the model

Structure

Holdings: 2

Accounts 22 days early4 of 55 deeds read

SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Score 2025

66 / 100

Healthy▲ +1 vs 2024

Without a bankruptcy probability: score from the figures alone

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 80=

equity 54.9% of total assets

Liquidity 36=

short-term debt 33.3% · cash 0.1%

Profitability 82=

return on assets 2.9%

Bankruptcy probability, 12 months

For this legal form (e.g. a public body or a foreign branch) we don't show a bankruptcy probability: some of these forms legally cannot go bankrupt and no reliable figure is possible here.

Credit of up to €20,700,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.53, compared with 0.36 in 2024; short-term debt: 33.3% and cash: 0.1% of total assets), and 45.1% of the assets are financed with debt.

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Signals

1 signal.

neutral

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.

NBB · 9 filings

Deviation from the deadline

2025

22 days early

2024

23 days early

2023

41 days early

2022

32 days early

2021

33 days early

2020

26 days early

2019

38 days early

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 31 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

10-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

16-09-2026 Resignation: Sven Vlietinck (director)Appointment: Hakim Chadli (director)
09-07-2026 Annual accounts filedfinancial year 2025 · full…
28-01-2026 Withdrawals: Kalmthout (member) and Kapellen (member)Share cancellation · Amendment of…

Key points

Positive: Company by total assets in Antwerp, Water and…in the Checked rankings #1 View
Flemish supportawarded 2022 - 2025 €106.4m View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Positive: 7 profitable years in a rowprofit 2025: €16.5m 7 years View
Board changedlatest change 30-04-2026 · 3 in office 1 joined · 1 left View
Active since 1968founded 14-11-1968 57 years View