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Water Saves

Active
Private limited companyfounded 2022active for 4 yearsRue Bruyère 36, 7890 Ellezelles, BelgiumKBO/BCE: BE 0785.910.628

From the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Water Saves has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€120,156) and a net result of -€2,359. Equity has been shrinking by about 7.5% per year since 2023. Its solvency ranks better than 9% of 378 sector peers (NACE 11, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Official details

KBO
Status
Active since 11-05-2022 Normal situation
Legal form
Private limited company
Registered office
Rue Bruyère 36, 7890 Ellezelles
Activity
Manufacture of beverages NACE 11070and 3 others
Establishment unit
2.331.613.249 7890 Ellezelles, since 11-05-2022
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board
  • Asbeek Brusse MachielDirector
  • Mutshembe JosephineDirector

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Annual accounts 2025
Gross margin
-€1,828
▲ 88.1%
Loss
€2,359
▼ 84.6%
Equity
-€120,156
▼ 2.0%
Total assets
€74,763
▲ 0.1%
Turnover not published (micro format)2025 accounts filed 31 days before the deadline
Filed on 30-06-2026at the National Bank
Score breakdownraises riskCapped at 59: negative equityNegative equity -€120,156Founded in 2022lowers riskSector: Manufacture of beverages (NACE 11)Figures for financial year 2025 (filed on 30-06-2026)Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 31% of micro companies in beverages (NACE 11)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -160.7% of total assets
Liquidity 9+9
short-term debt 260.7% · cash 7.4%
Profitability 30+30
return on assets -3.2%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (551 companies, NACE 11, micro)
Last 24 months 11-2024: 2.2% 12-2024: 2.2%● unchanged vs 11-2024 01-2025: 2.1%▼ -0.1 percentage points vs 12-2024 02-2025: 2.2%▲ +0.1 percentage points vs 01-2025 03-2025: 2.1%▼ -0.1 percentage points vs 02-2025 04-2025: 2.1%● unchanged vs 03-2025 05-2025: 2.1%● unchanged vs 04-2025 06-2025: 2.1%● unchanged vs 05-2025 07-2025: 2.1%● unchanged vs 06-2025 08-2025: 2.5%▲ +0.4 percentage points vs 07-2025 09-2025: 2.5%● unchanged vs 08-2025 10-2025: 2.5%● unchanged vs 09-2025 11-2025: 2.5%● unchanged vs 10-2025 12-2025: 2.5%● unchanged vs 11-2025 01-2026: 2.2%▼ -0.3 percentage points vs 12-2025 02-2026: 2.2%● unchanged vs 01-2026 03-2026: 2.1%▼ -0.1 percentage points vs 02-2026 04-2026: 2.1%● unchanged vs 03-2026 05-2026: 2.1%● unchanged vs 04-2026 06-2026: 2.1%● unchanged vs 05-2026 07-2026: 2.1%● unchanged vs 06-2026 08-2026: 2.4%▲ +0.3 percentage points vs 07-2026 09-2026: 2.8%▲ +0.4 percentage points vs 08-2026highest value 10-2026: 1.4%▼ -1.4 percentage points vs 09-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.38 (0.39 in 2024), below 1. Short-term debt is 260.7% and cash 7.4% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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 (NACE 11, micro). It does better than 13% of them on solvency, 14% on liquidity, 44% on profitability and 53% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€120,156
NBB · annual accounts
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Sector: Manufacture of beverages (NACE 11)
KBO
lowers risk · Figures for financial year 2025 (filed on 30-06-2026)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€120,156
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 30-06-2026, 31 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
31 days early
2024
29 days early
2023
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 20 days before the deadline. In the sector (NACE 11), the median for financial year 2024 was 2 days before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · 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 2 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€120,156 View
  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€2,359 View
  • Caution: Lower solvency than 90% of companies in beveragessector median 15.5% · 378 companies -160.7% View

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Water Saves

What is the company number of Water Saves?
The company number of Water Saves is 0785.910.628. The VAT number is the same number with BE in front: BE 0785.910.628.
Where is Water Saves based?
The registered office is at Rue Bruyère 36, 7890 Ellezelles.Company details
What does Water Saves do?
According to the KBO register, the main activity is manufacture of beverages (NACE 11070).
What is the legal form of Water Saves?
The legal form of Water Saves is Private limited company (BV).
When was Water Saves founded?
Water Saves was founded on 11-05-2022.
Is Water Saves still active?
Yes, Water Saves is an active enterprise in the KBO register.
What is the turnover of Water Saves?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is Water Saves profitable?
In financial year 2025, Water Saves made a loss of €2,359.
Where can I find the annual accounts of Water Saves?
Water Saves filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of Water Saves due?
Water Saves must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as Water Saves: manufacture of beverages (NACE 11070). They are comparable in size and age: total assets between €18,400 and €512,000, founded between 2019 and 2023.

CompanyTotal assetsGross margin
Water Saves Ellezelles€74,763-€1,828
Sipsnsoda Hasselt€62,504-€3,966
JUZU Arlon€69,987-€6,910
TASTE GROUP Tervuren€18,438-€4,195
CU BRANDS Kortrijk€337,520-€109,463
Grizzly Bob Manufacturing Seneffe€43,071€9,747
Ôsan Rixensart€512,428-€127,697
Full comparison

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