WATERDROOM
ActiveThe computed 12-month bankruptcy probability of WATERDROOM is 1.6% (moderate). The 2025 annual accounts show equity of €39k and a net result of €245. Equity is growing by ~55.5% per year across the filed fiscal years. Its solvency ranks better than 60% of 18016 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability3▼-97
Solvency68▲+21
Growth78=
Stability100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.98 against 1.02 in 2024), and 54.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
45.7%
Return on assets
0.3%
Age of the figures
8 mo
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 11-07-2026, 20 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
20 d early
2024
27 d early
2023
13 d early
2022
40 d early
2021
34 d early
2020
30 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€39k▲ 0.6%
2024 · €39k
2020: €-27k
2021: €-32k
2022: €-5k
2023: €20k
2024: €39k
2020 → 2025
Total assets
€86k▼ 34.3%
2024 · €131k
2020: €50k
2021: €29k
2022: €27k
2023: €28k
2024: €131k
2020 → 2025
Net result
€245▼ 98.7%
2024 · €19k
2020: €-42k
2021: €-5k
2022: €27k
2023: €25k
2024: €19k
2020 → 2025
Working capital
€-673
2024 · €1k
2020: €-35k
2021: €-38k
2022: €-16k
2023: €7k
2024: €1k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-32k-€-5k▲ 83.3%€20k€39k▲ 98.2%€39k▲ 0.6%
Operating result€-4k-€27k€25k▼ 7.2%€22k▼ 15.5%€3k▼ 86.1%
Net result€-5k-€27k€25k▼ 7.1%€19k▼ 23.0%€245▼ 98.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 86% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €86k
Fixed assets
€59k▼ 11.4%
Current assets
€27k▼ 58.1%
Equity and liabilities €86k
Equity
€39k▲ 0.6%
Debt
€47k▼ 49.2%
The debt ratio falls from 70.2% to 54.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€17k▼
2024 · €28k
Cash flow
€14k▼
2024 · €26k
Solvency
45.7%▲
2024 · 29.8%
Current ratio
0.98▼
2024 · 1.02
Quick ratio
0.83▼
2024 · 0.96
Debt / equity
1.19▼
2024 · 2.35
ROE
0.6%▼
2024 · 49.6%
ROA
0.3%▼
2024 · 14.8%
Interest coverage
6.05▼
2024 · 13.49
Debt
€47k▼
2024 · €92k
Debt ≤ 1 year
€27k▼
2024 · €63k
Debt > 1 year
€19k▼
2024 · €29k
Income taxes
€162▲
2024 · €148
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€131k€86k▼
Fixed assets21/28€67k€59k▼
Tangible fixed assets22/27€66k€59k▼
Furniture and vehicles24€59k€54k▼
Other tangible fixed assets26€7k€5k▼
Financial fixed assets28€835€0▼
Current assets29/58€64k€27k▼
Stocks and contracts in progress3€4k€4k▼
Stocks30/36€4k€4k▼
Amounts receivable within one year40/41€8k€11k▲
Trade receivables40€738€8k▲
Other amounts receivable41€7k€3k▼
Cash at bank and in hand54/58€50k€11k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€131k€86k▼
Equity10/15€39k€39k▲
Contributions10/11€15k€15k=
Reserves13€24k€24k▲
Distributable reserves133€24k€24k▲
Amounts payable17/49€92k€47k▼
Amounts payable after more than one year17€29k€19k▼
Financial debts170/4€29k€19k▼
Amounts payable within one year42/48€63k€27k▼
Current portion of amounts payable after more than one year42€11k€10k▼
Financial debts43-€399
Credit institutions430/8-€399
Trade debts44€43k€5k▼
Suppliers440/4€43k€5k▼
Advances received on contracts in progress46€1k€0▼
Taxes, remuneration and social security45€0€5k▲
Taxes450/3€0€5k▲
Other amounts payable47/48€8k€8k▼
Income statement
Code20242025
Non-recurring operating income76A-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€14k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k€0▼
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A-€3k
Gross operating margin9900€33k€22k▼
Operating profit (loss)9901€22k€3k▼
Financial income75/76B€11€150▲
Recurring financial income75€11€150▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€19k€408▼
Income taxes67/77€148€162▲
Profit (loss) for the period9904€19k€245▼
Profit (loss) for the period to be appropriated9905€19k€245▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€245▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€19k€245▼
To other reserves6921€19k€245▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 1.98
Current ratio from 0.45 to 1.98; short-term debt falls from €28k to €7k.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €27k
Net result €27k after 2 loss-making years.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ravels · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Peelsestraat 282380 RavelsGround area
894 m²
Building footprint
271 m²
Volume, LiDAR
1,332 m³
Parcel 13035C0438/00E002, Flanders · tallest building 10.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
WATERDROOM
since 20192.295.628.130
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13035C0438/00E002 | Flanders | 894 m² | 1 · 271 m² | 10.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 11,854 EUR awarded · 11,854 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 4,862 EUR | 4,862 EUR |
| 2023 | 1 | 2,757 EUR | 2,757 EUR |
| 2022 | 1 | 4,235 EUR | 4,235 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
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Of 2,589 companies in sector 47551 we hold annual accounts for 1,702. 1,111 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-11-2019
Fiscal year end31-12
Activities, NACEBEL
47551Retail sale of household furniture
47591Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.