Investments
€44,130 5.1 × depreciation
Green is investment, beige is depreciation.
WATER@WORK
Lifetime
20 annual accounts with figures on one time axis, 26 filings since 2000peak €46,612 (2021)
€17,570▲ €24,965
lowest -€17,483 (2017)
€7,329▲ €17,245
peak €64,675 (2023)
€62,087▲ 13.4%
€10,473▲ 14.3%
peak 0.5 FTE (2008)
-not published
Board1 name since 2021
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from -€7,394 to €17,570Back to profit: €7,329Equity from €54,758 to €62,087Investments €44,130Cash from €27,401 to €18,703
Key points
from the 2025 annual accountsFilings
26 annual accounts since 2000
Ten of the last ten came late. The 2019 accounts came latest: 89 days after the end of the period.
Position in the sector
85.6%
Higher solvency than 85% of companies in architecture and engineering. Sector median 54.0% · 12,257 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,386 companies had the same profile as WATER@WORK has now. Each dot stands for 79 companies, two years later.
93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,386 companies, not a prediction for WATER@WORK. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0470640634
Change of role: , from manager to director
Director discharge: · General meeting of 08-11-2022 · Gazette deed
First establishment
Bankstraat 97, Leuven
Incorporation
published on 18-02-2000 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WATER@WORK Leuven | €72,560 | €17,570 | 85.6% | - |
| GREEN ENERGY ET INSPIRATION Montigny-le-Tilleul | €77,610 | €17,074 | 46.1% | - |
| TS & E Haacht | €65,566 | €13,653 | 60.9% | - |
| LIPSIMMO Hoeilaart | €57,126 | €16,223 | 63.0% | - |
| RESA Holsbeek | €75,859 | €11,923 | 83.6% | - |
| DEDRAS Mechelen | €95,981 | €15,833 | 88.6% | - |
| BUREAU D'ETUDES I.C.B. Courcelles | €69,897 | €13,726 | 11.2% | - |
These companies have the same main activity as WATER@WORK: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €57,100 and €96,000, founded between 1992 and 2004.
Official details
Source: KBO- Status
- Active since 08-02-2000Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121
- Establishment unit
- 2.097.177.1173000 Leuven, since 15-03-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 28-11-2025
Insights on WATER@WORK
WATER@WORK files the micro format. That format states no turnover. The gross margin rose from €6,371 in 2006 to €17,570 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about WATER@WORK
- What is the company number of WATER@WORK?
- The company number of WATER@WORK is 0470.640.634. The VAT number is the same number with BE in front: BE 0470.640.634.
- Where is WATER@WORK based?
- The registered office is at Bankstraat 97, 3000 Leuven.Company details
- What does WATER@WORK do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of WATER@WORK?
- WATER@WORK is a private limited company (BV).
- When was WATER@WORK founded?
- WATER@WORK was founded on 08-02-2000.
- Is WATER@WORK still active?
- Yes, WATER@WORK is an active enterprise in the KBO register.
- How many employees does WATER@WORK have?
- WATER@WORK had an average of 0.1 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
- What is the turnover of WATER@WORK?
- The turnover in financial year 2025 is ≈ €82,000. This figure is estimated from the gross margin of €17,570 and 34 comparable companies (NACE 71121). It probably lies between €55,000 and €160,000. It is a rough estimate.
- Is WATER@WORK profitable?
- In financial year 2025, WATER@WORK made a profit of €7,329.
- Where can I find the annual accounts of WATER@WORK?
- WATER@WORK filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WATER@WORK due?
- WATER@WORK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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