WATERLOOP
ActiveSummary
WATERLOOP has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €246,873 and a net result of €7,972. Equity remains stable across the filed financial years (±0.9% per year). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €246,873
- Profit
- €7,972
- LAENEN INVESTDirector · permanent representative LAENEN Eddie
Why 95lowers riskSize: total assets €341,674Equity €246,873 (72.3% of total assets)Liquidity: current ratio 1.78, cash €56,319Figures for financial year 2025 (filed 30-06-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 (no NACE code, micro): better than 60% on solvency, 66% on liquidity, 52% on profitability and 57% on growth.
The bankruptcy probability was computed on 29-10-2026 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
This company filed its last 7 accounts on average 32 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2018 to 2025net €7,972 ▲29.2%
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 10% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 10,904 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.2% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 0.9% |
| 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 74.5% 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 10,904 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,678 | €23,678 | €23,678 | €23,678 | €23,678 | €23,678 | €23,678 | €23,678 | = |
| Other operating charges640/8 | - | - | - | €8,093 | €8,270 | €9,071 | €9,401 | €9,707 | ▲ 3.2% |
| Gross operating margin9900 | €46,206 | €46,179 | €47,177 | €47,157 | €47,258 | €47,592 | €46,126 | €47,712 | ▲ 3.4% |
| Operating profit (loss)9901 | €15,434 | €15,289 | €15,473 | €15,386 | €15,311 | €14,843 | €13,047 | €14,328 | ▲ 9.8% |
| Financial income75/76B | - | - | - | €0 | - | - | - | - | - |
| Recurring financial income75 | - | - | - | €0 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €7,324 | €6,452 | €5,551 | €4,820 | €3,659 | ▼ 24.1% |
| Recurring financial charges65 | €9,444 | €8,586 | €7,916 | €7,324 | €6,452 | €5,551 | €4,820 | €3,659 | ▼ 24.1% |
| Profit (loss) for the period before taxes9903 | €5,990 | €6,703 | €7,557 | €8,062 | €8,859 | €9,292 | €8,227 | €10,669 | ▲ 29.7% |
| Income taxes67/77 | €1,888 | €2,091 | €1,711 | €2,012 | €2,229 | €2,323 | €2,057 | €2,697 | ▲ 31.1% |
| Profit (loss) for the period9904 | €4,102 | €4,612 | €5,846 | €6,050 | €6,630 | €6,969 | €6,170 | €7,972 | ▲ 29.2% |
| Profit (loss) for the period to be appropriated9905 | €4,102 | €4,612 | €5,846 | €6,050 | €6,630 | €6,969 | €6,170 | €7,972 | ▲ 29.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €506,676 | €487,630 | €478,729 | €457,114 | €407,612 | €386,341 | €363,119 | €341,674 | ▼ 5.9% |
| Fixed assets21/28 | €450,154 | €426,477 | €402,799 | €379,122 | €355,444 | €331,767 | €308,089 | €284,412 | ▼ 7.7% |
| Tangible fixed assets22/27 | €450,154 | €426,477 | €402,799 | €379,122 | €355,444 | €331,767 | €308,089 | €284,412 | ▼ 7.7% |
| Land and buildings22 | - | - | - | €379,122 | €355,444 | €331,767 | €308,089 | €284,412 | ▼ 7.7% |
| Current assets29/58 | €56,521 | €61,153 | €75,930 | €77,993 | €52,168 | €54,574 | €55,029 | €57,262 | ▲ 4.1% |
| Amounts receivable within one year40/41 | - | €2,000 | €114 | - | - | €677 | €943 | €943 | = |
| Other amounts receivable41 | - | - | - | - | - | €677 | €943 | €943 | = |
| Cash at bank and in hand54/58 | €49,856 | €59,153 | €75,816 | €77,993 | €52,168 | €53,897 | €45,134 | €56,319 | ▲ 24.8% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €8,952 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €506,676 | €487,630 | €478,729 | €457,114 | €407,612 | €386,341 | €363,119 | €341,674 | ▼ 5.9% |
| Equity10/15 | €230,674 | €235,286 | €241,132 | €219,132 | €225,762 | €232,731 | €238,901 | €246,873 | ▲ 3.3% |
| Contributions10/11 | €218,736 | €218,736 | - | €218,736 | €218,736 | €218,736 | €218,736 | €218,736 | = |
| Profit (loss) carried forward14 | €11,938 | €16,550 | €22,396 | €396 | €7,026 | €13,995 | €20,165 | €28,137 | ▲ 39.5% |
| Amounts payable17/49 | €276,002 | €252,344 | €237,597 | €237,982 | €181,850 | €153,610 | €124,218 | €94,801 | ▼ 23.7% |
| Amounts payable after more than one year17 | €248,038 | €221,986 | €208,639 | €181,288 | €153,037 | €123,855 | €93,711 | €62,574 | ▼ 33.2% |
| Financial debts170/4 | - | - | - | €181,288 | €153,037 | €123,855 | €93,711 | €62,574 | ▼ 33.2% |
| Amounts payable within one year42/48 | €27,963 | €30,358 | €28,958 | €56,694 | €28,814 | €29,756 | €30,507 | €32,227 | ▲ 5.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €27,351 | €28,252 | €29,182 | €30,144 | €31,137 | ▲ 3.3% |
| Trade debts44 | €315 | €315 | €377 | €321 | €333 | €344 | €363 | €393 | ▲ 8.3% |
| Suppliers440/4 | - | - | - | €321 | €333 | €344 | €363 | €393 | ▲ 8.3% |
| Taxes, remuneration and social security45 | - | - | - | €12 | €229 | €229 | - | €697 | - |
| Taxes450/3 | - | - | - | €12 | €229 | €229 | - | €697 | - |
| Other amounts payable47/48 | - | - | - | €29,010 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,102 | €4,612 | €5,846 | €6,050 | €6,630 | €6,969 | €6,170 | €7,972 | ▲ 29.2% |
| + Depreciation and write-downs630 | €23,678 | €23,678 | €23,678 | €23,678 | €23,678 | €23,678 | €23,678 | €23,678 | = |
| Operating cash flow (approximation) | €27,780 | €28,290 | €29,523 | €29,728 | €30,307 | €30,647 | €29,848 | €31,649 | ▲ 6.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €9,298 | €16,662 | €2,177 | -€25,825 | €1,729 | -€8,763 | €11,185 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 30-06-2026 | 2026-00218901 |
| 31-12-2024 | micro format | 24-06-2025 | 2025-00168626 |
| 31-12-2023 | micro format | 28-06-2024 | 2024-00173977 |
| 31-12-2022 | micro format | 11-07-2023 | 2023-00223238 |
| 31-12-2021 | micro format | 22-06-2022 | 2022-20127529 |
| 31-12-2020 | micro format | 30-06-2021 | 2021-28500220 |
| 31-12-2019 | micro format | 25-06-2020 | 2020-21000155 |
| 31-12-2018 | micro format | 27-06-2019 | 2019-24400200 |
| 31-12-2017 | micro format | 25-06-2018 | 2018-23100491 |
| 31-12-2016 | micro format | 22-06-2017 | 2017-19800599 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 1
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| LAENEN INVEST |
|
Owners and capital
Capital and shareholders
- 04-09-2024 Converted to unavailable equity · €218,736
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
04-09
Gazette deed
Resignation: LAENEN INVEST (manager)Appointment: LAENEN INVEST (director) · Permanent representative: LAENEN Eddie · Amendment of the articles8 facts ▸
- General meeting, “buitengewone algemene vergadering van de aandeelhouders, eenparigheid van stemmen” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital
- Director resignation, LAENEN INVEST (manager)
- Director appointment, LAENEN INVEST (director (not named in the articles))
- Permanent representative, LAENEN Eddie
- Registered office clause, “3550 Heusden-Zolder,Lochtemanweg 90, Vijfde besluit” (deed in Dutch)
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there 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 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71502C0656/00E000 | Flanders | 4,915 m² | 1 · 1,385 m² | 9.8 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Onderneming van onroerende goederen,welke onder meer bevat de verwerving,de vervreemding,het beheer,de valorisatie,de verkaveling,de huur en…” (deed in Dutch)
16 activities (deed in Dutch)
- Onderneming van onroerende goederen,welke onder meer bevat de verwerving,de vervreemding,het beheer,de valorisatie,de verkaveling,de huur en de verhuur,het doen bouwen en verbouwen,het promoten en het coördineren van het bouwen van onroerende goederen,het onderhoud en het herstellen van gebouwen,de renovatie en de restauratie van gebouwen,evenals welkdanige onroerende verhandelingen in de meest brede zin,inbegrepen de onroerende leasing
- Het aankopen en verkopen van onroerende goederen met het oog op het bouwen,verbouwen of renoveren
- Het kopen,verkopen of verkavelen van gronden
- Het beheren van roerende en onroerende goederen en het beheren van portefeuillewaarden van en andere immateriële vaste activa
- De verwerving voor eigen rekening als participaties,onder welke vorm ook zij,in de oprichting,ontwikkeling,omvorming en controle van om het even welke ondernemingen,Belgische of buitenlandse,commerciële of andere vennootschappen
- Onderneming in roerende financiële goederen in de ruime zin,zoals onder meer kopen en verkopen van aandelen,fondsen,enzovoort
- Studie-,organisatie- en raadgevend bureau inzake financiële,handels-,sociale-,administratieve- en computer aangelegenheden
- Tussenpersoon in handel,als makelaar in goederen,als zelfstandig handelsvertegenwoordiger,als commissionair en als consignatie
- Het verlenen van managementadvies en bijstand in de ruime zin aan eender wie;worden onder meer bedoeld het verstrekken van adviezen van organisatorische,commerciële,technische,financiële en administratieve aard,alsmede op het vlak van bedrijfsbeleid
- In het algemeen het ter beschikking stellen van een gestructureerd dienstenadvies,hulp- en bestuurdersbijstand,dit alles in de meest ruime zin
- Holdingvennootschap
- Changemanagement
- Interim management
- Concept management
- Project management
- Het participeren onder welke vorm het ook zij in de oprichting,ontwikkeling,omvorming en controle van alle ondernemingen,Belgische of buitenlandse,commerciële of financiële,technische,industriële of andere,de verwerving van eender welke titels of rechten door middel van participatie,inbreng,onderschrijving,koop op vaste lening of aankoopoptie,verhandeling of op iedere andere wijze
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- WATERLOOP
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders,natuurlijke personen of rechtspersonen,al dan niet aandeelhouder, algemene vergadering bepaalt aantal,duur en bij…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Tuesday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding op elk moment door algemene vergadering in vormen van statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed