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Waterfront 99

Active
Private limited companyfounded 20223 yrs activeDriegoten 99, 9220 Hamme (Vl.), BelgiumKBO/BCE: BE 0794.329.337
Summary

The computed 12-month bankruptcy probability of Waterfront 99 is 2.7% (moderate). The 2025 annual accounts show equity of €605,020 and a net result of -€9,540. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2023
Profitability34▲+4
Solvency100=
Growth58
Track record94
Bankruptcy probability, 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 5.93; short-term debt: 0.4% and cash: 2.1% of total assets), and 0.4% of the assets are financed with debt.
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Signals

Four 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
99.6%
Return on assets
-1.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
31 d late
2023
29 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 30 days after the deadline; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% of all filings were late.

Checked, nothing found (2)
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 months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Waterfront 99 was incorporated on 2 December 2022 as a Private limited company.1 Total assets went from €621,697 in 2023 to €607,206 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€605,020▼ 2.7%
2023 · €621,697
Total assets
€607,206▼ 2.3%
2023 · €621,697
Net result
-€9,540▲ 47.9%
2023 · -€18,303
Working capital
€10,773
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Available amounts per fiscal year
Line20232025
Operating result-€18,303--€9,540-
Net result-€18,303--€9,540-
Equity€621,697-€605,020-
Total assets€621,697-€607,206-
Debt€2,186-
Working capital€10,773-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€15,000-€10,000-€5,000€0Operating result 2023: -€18,303-€18,303Net result 2023: -€18,303-€18,303Operating result 2025: -€9,540-€9,540Net result 2025: -€9,540-€9,54020232025-€20,000-€15,000-€10,000-€5,000€0Operating result 2023: -€18,303-€18,300Net result 2023: -€18,303-€18,300Operating result 2025: -€9,540-€9,540Net result 2025: -€9,540-€9,54020232025
The operating result is -€9,540 in 2025, compared with -€18,303 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €607,206
Fixed assets €594,247 ▼ 4.0%
Current assets €12,960 ▲ 433%
Equity and liabilities €607,206
Equity €605,020
Debt €2,186
Debt finances 0.4% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2023
EBITDA
€4,898▲
2023 · -€4,053
Cash flow
€4,898▲
2023 · -€4,053
Current ratio
5.93
Debt to equity
0.00
ROE
-1.6%▲
2023 · -2.9%
ROA
-1.6%▲
2023 · -2.9%
Debt ≤ 1 year
€2,186
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 480 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 96% are still going.

  • Small
  • 2 to 5 years old
  • solvency 30% or more
  • a small loss
0.8% went bankrupt
3.1% stopped otherwise
96% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 480 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2023 · 25 lines
Balance sheet Code20232025
Assets
Total assets20/58€621,697€607,206▼
Fixed assets21/28€619,267€594,247▼
Tangible fixed assets22/27€619,267€594,247▼
Land and buildings22€619,267€594,247▼
Current assets29/58€2,430€12,960▲
Cash at bank and in hand54/58€2,430€12,960▲
Equity and liabilities
Total equity and liabilities10/49€621,697€607,206▼
Equity10/15€621,697€605,020▼
Contributions10/11€19,588€19,588=
Reserves13€546,353€546,353=
Distributable reserves133€546,353€546,353=
Profit (loss) carried forward14€55,756€39,079▼
Amounts payable17/49-€2,186
Amounts payable within one year42/48-€2,186
Trade debts44-€2,186
Suppliers440/4-€2,186
Income statement Code20232025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,250€14,438▲
Other operating charges640/8€1,699€2,443▲
Gross operating margin9900-€2,354€7,342▲
Operating profit (loss)9901-€18,303-€9,540▲
Profit (loss) for the period before taxes9903-€18,303-€9,540▲
Profit (loss) for the period9904-€18,303-€9,540▲
Profit (loss) for the period to be appropriated9905-€18,303-€9,540▲
Appropriation of the result
Profit (loss) to be appropriated9906€55,756€39,079▼
Profit (loss) brought forward from the previous period14P€74,059€48,619▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,250€14,438-
Other operating charges640/8€1,699€2,443-
Gross operating margin9900-€2,354€7,342-
Operating profit (loss)9901-€18,303-€9,540-
Profit (loss) for the period before taxes9903-€18,303-€9,540-
Profit (loss) for the period9904-€18,303-€9,540-
Profit (loss) for the period to be appropriated9905-€18,303-€9,540-
Line20232025Change
Assets
Total assets20/58€621,697€607,206-
Fixed assets21/28€619,267€594,247-
Tangible fixed assets22/27€619,267€594,247-
Land and buildings22€619,267€594,247-
Current assets29/58€2,430€12,960-
Cash at bank and in hand54/58€2,430€12,960-
Equity and liabilities
Total equity and liabilities10/49€621,697€607,206-
Equity10/15€621,697€605,020-
Contributions10/11€19,588€19,588-
Reserves13€546,353€546,353-
Distributable reserves133€546,353€546,353-
Profit (loss) carried forward14€55,756€39,079-
Amounts payable17/49-€2,186-
Amounts payable within one year42/48-€2,186-
Trade debts44-€2,186-
Suppliers440/4-€2,186-
Line20232025Change
Profit (loss) for the period9904-€18,303-€9,540-
+ Depreciation and write-downs630€14,250€14,438-
Operating cash flow (approximation)-€4,053€4,898-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2024
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette act processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Hamme (Vl.) · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,188 m²
Building footprint
266 m²
Volume, LiDAR
1,570 m³
Parcel 42014A0002/00D000, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Waterfront 99
Driegoten 99, 9220 Hamme (Vl.)Renting and operating of own or leased residential real estate, excluding social housing
since 2023unit no. 2.340.342.754
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42014A0002/00D000 Flanders 1,188 m² 1 · 266 m² 10.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Company details

Identification
Legal formPrivate limited company
Founded02-12-2022
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.