Financials
- Fiscal year
- 2025
- Total assets
- €147,445
- Loss
- -€114,563
- Solvency
- -65.5%
Water Solutions
ActiveSummary
The computed 12-month bankruptcy probability of Water Solutions is 4.7% (elevated). The 2025 annual accounts show negative equity (-€96,563) and a net result of -€114,563. Its solvency ranks better than 5% of 475 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Manufacture of machinery and equipment not elsewhere classified
NACE 28299General electrical installation work NACE 43211
1 site
Size
€147,445total assets 2025
- Staff
- 1.3 FTE
- Equity
- -€96,563
- Loss
- -€114,563
Turnover not published (abridged schema)
Structure
- Largest shareholder
- ECOFINANCE · 50%
Accounts 49 d early1 of 2 deeds read
Why 35- Negative equity -€96,563- Loss of €114,563 (FY 2025)- Size: 1.3 FTE, total assets €147,445- Sector Manufacture of machinery and equipment not elsewhere classified (NACE 28)Show the evidence
Checked score
Score 2025
35
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 6% of its sector peers (NACE 28, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency
0
equity -65.5% of total assets
Liquidity
14
short-term debt 165.5% · cash 11.5%
Profitability
0
return on assets -77.7%
Bankruptcy probability, 12 months
4.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2025: 1.8%lowest value
05-2025: 1.8%● 0.0% vs 04-2025lowest value
06-2025: 1.8%▲ +2.7% vs 05-2025
07-2025: 2.2%▲ +19.2% vs 06-2025
08-2025: 2.3%▲ +5.2% vs 07-2025
09-2025: 2.5%▲ +10.9% vs 08-2025
10-2025: 2.5%● 0.0% vs 09-2025
11-2025: 2.8%▲ +10.4% vs 10-2025
12-2025: 2.9%▲ +1.8% vs 11-2025
01-2026: 2.7%▼ -4.2% vs 12-2025
02-2026: 3.0%▲ +8.7% vs 01-2026
03-2026: 3.1%▲ +4.2% vs 02-2026
04-2026: 3.1%▲ +1.1% vs 03-2026
05-2026: 3.1%● 0.0% vs 04-2026
06-2026: 3.1%● 0.0% vs 05-2026
07-2026: 4.8%▲ +52.5% vs 06-2026highest value
08-2026: 4.8%● 0.0% vs 07-2026highest value
09-2026: 4.8%● 0.0% vs 08-2026highest value
10-2026: 4.7%▼ -1.2% vs 09-2026
- Negative equity -€96,563 raises the probability
- Loss of €114,563 (FY 2025) raises the probability
- Size: 1.3 FTE, total assets €147,445 raises the probability for this profile
- Sector Manufacture of machinery and equipment not elsewhere classified (NACE 28) raises the probability
No credit on open account
Liquidity short (current ratio 0.36; short-term debt: 165.5% and cash: 11.5% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 28, micro). Better than this share of them on solvency 4%, liquidity 10%, profitability 5%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation dateAge against the risk zone
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 12-06-2026, 49 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
49 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
- Annual accounts filedfiscal year 2025 · abbreviated…
- Resignation: BV VOXA (bestuurder, dagelijks bestuurder…Power of attorney · Shareholding
Key points
By topic
Board & ownership
- Largest shareholder
- ECOFINANCE · 50%
Timeline
- Events
- 2
- Since
- 2026
- 12-06-2026Annual accounts filed
- 25-03-2026Resignation: BV VOXA (bestuurder, dagelijks bestuurder en…
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of machinery and equipment not elsewhere classifiedNACE 28299
- Founded
- 29-03-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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