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WATERMAN AALST

Active
Private limited companyfounded 1983active for 43 yearsKerkhoflaan 97, 9300 Aalst, BelgiumKBO/BCE: BE 0424.651.944
Summary

WATERMAN AALST has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,214 and a net result of €4,879. Equity has been growing by about 23% per year since 2018. Its solvency ranks better than 12% of 34,954 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 11-10-1983 Normal situation
Activity
Other construction installation NACE 43240and 1 other
Establishment unit
2.292.760.987 9300 Aalst, since 09-08-2019
Financial year end
31 December
Peppol
Reachable since 03-10-2025

Board and ownership

Board
  • Spaenhoven BertDirector

Financial position

83 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€6,027
▼ 18.7%
Turnover
≈ €75,000
estimated
Profit
€4,879
▼ 1.0%
Equity
€2,214
Total assets
€33,993
▲ 9.3%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Equity €2,214 (6.5% of total assets)lowers riskFounded in 1983Liquidity: current ratio 1.07, cash €9,953Show the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 51% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 32+16
equity 6.5% of total assets
Liquidity 37-2
short-term debt 93.5% · cash 29.3%
Profitability 87-2
return on assets 14.4%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 0.6% 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 1.0%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.7%▼ -0.3 percentage points vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.6%▼ -0.1 percentage points vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.7%▲ +0.1 percentage points vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.6%▼ -0.1 percentage points vs 05-2026 07-2026: 0.8%▲ +0.2 percentage points vs 06-2026 08-2026: 0.4%▼ -0.4 percentage points vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value 11-2026: 0.4%● unchanged vs 10-2026lowest value
Calculation

The band follows from the bankruptcy probability. 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). It does better than 12% of them on solvency, 25% on liquidity, 71% on profitability and 95% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 1983
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Equity €2,214 (6.5% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.07, cash €9,953
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 34954 sector peers (2025).
NBB · sector comparison
Position among 34954 sector peers
Solvency
better than 12%
← weakest strongest →
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 days early
2024
5 days late
2023
58 days early
2022
95 days early
2021
88 days early
2020
51 days early
2019
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 40 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · 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 4 June (4 of the last 5 accounts filed within 39 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Less equity than 90% of companies in specialised constructionsector median €57,775 · 34,966 companies €2,214 View

Comparable companies

These companies have the same main activity as WATERMAN AALST: other construction installation (NACE 43240). They are comparable in size and age: total assets between €22,800 and €52,100, founded between 1981 and 1991.

CompanyTotal assetsGross margin
WATERMAN AALST Aalst€33,993€6,027
Geert De Visscher Brakel€34,715€6,455
WILLIAM Mechelen€45,379€7,977
LIMELEC Liège€47,023€6,886
IVENT TECHNICS Herk-de-Stad€41,997€8,659
WELL STORE Ukkel€52,109€10,028
PARACHEVEMENTS INTERIEURS Herve€22,783€12,441
Full comparison

Key facts about WATERMAN AALST

What is the company number of WATERMAN AALST?
The company number of WATERMAN AALST is 0424.651.944. The VAT number is the same number with BE in front: BE 0424.651.944.
Where is WATERMAN AALST based?
The registered office is at Kerkhoflaan 97, 9300 Aalst.Company details
What does WATERMAN AALST do?
According to the KBO register, the main activity is other construction installation (NACE 43240).
What is the legal form of WATERMAN AALST?
The legal form of WATERMAN AALST is Private limited company (BV).
When was WATERMAN AALST founded?
WATERMAN AALST was founded on 11-10-1983.
Is WATERMAN AALST still active?
Yes, WATERMAN AALST is an active enterprise in the KBO register.
What is the turnover of WATERMAN AALST?
The turnover in financial year 2025 is ≈ €75,000. This figure is estimated from the gross margin of €6,027 and 33 comparable companies (NACE 43240). It probably lies between €34,000 and €140,000. It is a rough estimate.Financials
Is WATERMAN AALST profitable?
In financial year 2025, WATERMAN AALST made a profit of €4,879.
Where can I find the annual accounts of WATERMAN AALST?
WATERMAN AALST filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WATERMAN AALST due?
WATERMAN AALST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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