WATERCONSTRUCT

Active

Private limited companyfounded 2021active for 4 yearsStekelbeekstraat 40, 9881 Aalter, BelgiumKBO/BCE: BE 0778.413.716

Summary

WATERCONSTRUCT has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71,213 and a net result of €7,772. Equity is growing by about 28% per year across the filed financial years. Its solvency ranks better than 17% of 34,718 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Risk analysisFollow Report Compare

WATERCONSTRUCTActiveChecked score 66/100

Risk analysis Report Compare

Activity

Other specialised construction activities

NACE 43990

1 site

Size

€503,818total assets 2025

Equity: €71,213
Profit: €7,772

Turnover not published (micro format)

Financial health

66 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.8%

Structure

Geldof RobinDirector
Immesoete GillesDirector

2025 accounts 35 days early2 of 3 deeds summarised

Why 66raises riskFounded in 2021Sector: Specialised construction activities (NACE 43)lowers riskSize: total assets €503,818Figures for financial year 2025 (filed 26-06-2026)Show the evidence

Checked score

Score 2025

66 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 28% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 39-4

equity 14.1% of total assets

Liquidity 21-10

short-term debt 65.4% · cash 4.1%

Profitability 52-7

return on assets 1.5%

Bankruptcy probability, 12 months

0.8% Low

0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,639 companies, NACE 43, micro)

Last 24 months 11-2024: 2.5% 12-2024: 2.5%● unchanged vs 11-2024 01-2025: 2.5%● unchanged vs 12-2024 02-2025: 2.5%● unchanged vs 01-2025 03-2025: 2.5%● unchanged vs 02-2025 04-2025: 3.1%▲ +0.6 percentage points vs 03-2025 05-2025: 3.9%▲ +0.8 percentage points vs 04-2025 06-2025: 3.9%● unchanged vs 05-2025 07-2025: 4.0%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 1.8%▼ -2.2 percentage points vs 07-2025 09-2025: 1.8%● unchanged vs 08-2025 10-2025: 1.8%● unchanged vs 09-2025 11-2025: 1.8%● unchanged vs 10-2025 12-2025: 1.7%▼ -0.1 percentage points vs 11-2025 01-2026: 1.7%● unchanged vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 1.7%● unchanged vs 02-2026 04-2026: 2.2%▲ +0.5 percentage points vs 03-2026 05-2026: 3.0%▲ +0.8 percentage points vs 04-2026 06-2026: 1.2%▼ -1.8 percentage points vs 05-2026 07-2026: 1.2%● unchanged vs 06-2026 08-2026: 1.3%▲ +0.1 percentage points vs 07-2026 09-2026: 1.5%▲ +0.2 percentage points vs 08-2026 10-2026: 0.8%▼ -0.7 percentage points vs 09-2026lowest value

Credit of up to €4,500 on 30-day terms is acceptable

Liquidity tight (current ratio 1.18, compared with 1.37 in 2024, below the usual 1.5; short-term debt: 65.4% and cash: 4.1% of total assets), and 85.9% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 17% on solvency, 12% on liquidity, 25% on profitability and 58% on growth.

The bankruptcy probability was computed on 25-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Size: total assets €503,818

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Founded in 2021

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Sector: Specialised construction activities (NACE 43)

KBO

Figures for financial year 2025 (filed 26-06-2026)

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 34718 sector peers (2025).

NBB · sector comparison

Position among 34718 sector peers

Solvency

better than 17%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

35 days early

2024

21 days early

2023

19 days early

2022

31 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 27 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed 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 5 July (4 of the last 4 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

26-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

26-06-2026 Annual accounts filedfinancial year 2025 · micro…
15-01-2026 Resignation: Van Damme Yves (director)Appointments: Geldof Robin (director) and…
10-07-2025 Annual accounts filedfinancial year 2024 · micro…

Key points

Caution: Among the weakest 17% on solvencysector median 46.8% · 34,718 companies 14.1% View
New directorlatest change 15-12-2025 · 2 in office 1 joined View
Positive: Always filed on timeaccounts within the deadline every year 4 years View

By topic

Financials

Financial year: 2025
Total assets: €503,818
Profit: €7,772
Solvency: 14.1%

Total assets▲ 46.5%

Net result

20222025

Go to Financials

Board & ownership

Board: 2 members

Geldof RobinDirector
Immesoete GillesDirector

Go to Board & ownership

Timeline

Events: 7
Since: 2023
Next accounts: by 31-07-2027

12-07-2024Annual accounts filed
07-05-2024Registered office
31-12-2023Back to profit

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Other specialised construction activitiesNACE 43990
Founded: 09-12-2021
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about WATERCONSTRUCT

What is the company number of WATERCONSTRUCT?: 0778.413.716. In Belgium the VAT number is the company number with BE in front: BE 0778.413.716.
Where is WATERCONSTRUCT based?: The registered office is at Stekelbeekstraat 40, 9881 Aalter.Company details
What does WATERCONSTRUCT do?: According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of WATERCONSTRUCT?: Private limited company (BV).
When was WATERCONSTRUCT founded?: On 09-12-2021.
Is WATERCONSTRUCT still active?: Yes, WATERCONSTRUCT is an active enterprise in the KBO register.
What is the turnover of WATERCONSTRUCT?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is WATERCONSTRUCT profitable?: In financial year 2025, WATERCONSTRUCT made a profit of €7,772.
Where can I find the annual accounts of WATERCONSTRUCT?: WATERCONSTRUCT filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WATERCONSTRUCT due?: By 31-07-2027, for financial year 2026.Timeline