WATER-WORKS
ActiveSummary
WATER-WORKS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28,869 and a net result of €10,540. Its solvency ranks better than 9% of 68 sector peers (NACE 37, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
Source: KBO- Status
- Active since 23-01-2024 Normal situation
- Activity
- Sewerage NACE 37000and 4 others
- Establishment unit
- 2.355.194.642 3530 Houthalen-Helchteren, since 23-01-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €255,457
- ▲ 62.9%
- Turnover
- ≈ €510,000
- estimated
- Profit
- €10,540
- ▲ 86.2%
- Equity
- €28,869
- ▲ 44.4%
- Total assets
- €531,154
- ▼ 7.8%
- Employees on 31-12-2025
- 3
- ▲ 50.0%
Score breakdownraises riskFounded in 2024Liquidity: current ratio 0.62, cash €10,194lowers riskSize: total assets €531,154Sector: Sewerage (NACE 37)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 37, micro). It does better than 10% of them on solvency, 43% on liquidity, 21% on profitability and 80% on growth.
The bankruptcy probability was computed on 01-11-2026 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
The company filed its last 2 accounts on average 26 days before the deadline. In the sector (NACE 37), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: Lower solvency than 90% of companies in seweragesector median 45.3% · 68 companies 5.4% View
Comparable companies
These companies have the same main activity as WATER-WORKS: sewerage (NACE 37000). They are comparable in size and age: total assets between €283,000 and €939,000, founded between 2021 and 2025.
| Company | Total assets | Gross margin |
|---|---|---|
| WATER-WORKS Houthalen-Helchteren | €531,154 | €255,457 |
| Ruim- en ontstoppingsdienst Hemerijckx Ninove | €606,139 | €346,730 |
| AQUACUR Fernelmont | €939,291 | €311,197 |
| Sobry ontstoppingen Lokeren | €376,584 | €183,639 |
| Fabironn Heist-op-den-Berg | €283,301 | €211,648 |
| LA BELLE VIDANGE Fleurus | €461,178 | €167,322 |
| Fagnoulle Hamoir | €821,119 | €297,327 |
Key facts about WATER-WORKS
- What is the company number of WATER-WORKS?
- The company number of WATER-WORKS is 1005.056.590. The VAT number is the same number with BE in front: BE 1005.056.590.
- Where is WATER-WORKS based?
- The registered office is at Centrum-Zuid 1225, 3530 Houthalen-Helchteren.Company details
- What does WATER-WORKS do?
- According to the KBO register, the main activity is sewerage (NACE 37000).
- What is the legal form of WATER-WORKS?
- The legal form of WATER-WORKS is Private limited company (BV).
- When was WATER-WORKS founded?
- WATER-WORKS was founded on 23-01-2024.
- Is WATER-WORKS still active?
- Yes, WATER-WORKS is an active enterprise in the KBO register.
- How many employees does WATER-WORKS have?
- WATER-WORKS had an average of 2.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of WATER-WORKS?
- The turnover in financial year 2025 is ≈ €510,000. This figure is estimated from the gross margin of €255,457 and 881 comparable companies of the same size. It probably lies between €360,000 and €740,000. It is a rough estimate.
- Is WATER-WORKS profitable?
- In financial year 2025, WATER-WORKS made a profit of €10,540.
- Where can I find the annual accounts of WATER-WORKS?
- WATER-WORKS filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WATER-WORKS due?
- WATER-WORKS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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