Financials
- Fiscal year
- 2025
- Total assets
- €15,831
- Loss
- -€11,276
- Solvency
- -1476.1%
Turnover▼ 66.1%
Net result
20182019
WATERLOO SHOPPING
ActiveSummary
WATERLOO SHOPPING has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€233,682) and a net result of -€11,276. Equity is shrinking by ~5.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Activity
De vennootschap heeft tot voorwerp voor haar rekening of voor rekening van derden, in…
From the articlesNo NACE code in the KBO yet1 site
Size
€15,831total assets 2025
- Equity
- -€233,682
- Loss
- -€11,276
Structure
- Parent
- WERELDHAVE BELGIUM · 100%
- Board
- 5 members
- Holdings
- 2
Auditor: Deloitte Bedrijfsrevisoren/Réviseurs d’EntreprisesAccounts 59 d early
Why 53Capped at 59: negative equity- Loss of €11,276, the second in a row (FY 2025)- Negative equity -€233,682+ Size: total assets €15,831+ Founded in 1994Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 19% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
0=
equity -1476.1% of total assets
Liquidity
50-23
short-term debt 1576.1% · cash 43.7%
Profitability
0=
return on assets -71.2%
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 11 months
12-2025: 0.8%
01-2026: 0.8%▼ -1.0% vs 12-2025
02-2026: 0.8%● 0.0% vs 01-2026
03-2026: 0.8%● 0.0% vs 02-2026
04-2026: 0.8%● 0.0% vs 03-2026
05-2026: 0.8%● 0.0% vs 04-2026
06-2026: 0.9%▲ +13.2% vs 05-2026highest value
07-2026: 0.8%▼ -13.5% vs 06-2026
08-2026: 0.8%● 0.0% vs 07-2026
09-2026: 0.7%▼ -14.6% vs 08-2026lowest value
10-2026: 0.7%● 0.0% vs 09-2026lowest value
- Size: total assets €15,831 lowers the probability for this profile
- Loss of €11,276, the second in a row (FY 2025) raises the probability
- Negative equity -€233,682 raises the probability
- Founded in 1994 lowers the probability for this profile
No credit on open account
Liquidity short (current ratio 0.06 against 5.03 in 2024; cash: 43.7% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 5%, liquidity 35%, profitability 4%, growth against the median 30%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€233,682
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
44 d early
2023
51 d early
2022
38 d early
2021
32 d early
2020
29 d early
2019
60 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 28 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% 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. Usually files around 17 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Appointment: Deloitte Bedrijfsrevisoren BV (statutory auditor)Permanent representatives: Kathleen De Brabander…
- Annual accounts filedfiscal year 2024 · full…
Key points
By topic
Board & ownership
- Board
- 5 members
- Parent
- WERELDHAVE BELGIUM · 100%
- Known shareholders
- 100%
- Auditor
- Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises
Go to Board & ownership
Network & group
- Holdings
- 2
- Connected companies
- 8
2 holdings
Timeline
- Events
- 33
- Since
- 2007
- Next accounts
- by 31-07-2027
- 02-06-2026Annual accounts filed
- 10-02-2026Appointment: Deloitte Bedrijfsrevisoren BV (statutory auditor)
- 17-06-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Founded
- 10-06-1994
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
- Purpose
- De vennootschap heeft tot voorwerp voor haar rekening of voor rekening van derden, in…
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