Skip to content

WATERMAN & WATERMAN

Active
Public limited companyfounded 2011active for 15 yearsHarensesteenweg 228, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0835.289.170

From the official registers: KBO 14 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

WATERMAN & WATERMAN has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.9m and a net result of -€62,794. Equity has been stable since 2018 (±1.3% per year). Its solvency ranks better than 22% of 3,861 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

KBO
Status
Active since 07-04-2011 Normal situation
Registered office
13 active companies are registered at this address Source: KBO register, as of 1 November 2026.
Activity
Business and other management consultancy NACE 70200
Establishment unit
2.359.690.591 1800 Vilvoorde, since 07-04-2011
Financial year end
31 December
Peppol
Reachable since 25-11-2025

Board and ownership

Board

Financial position

80 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
-€14,033
Loss
€62,794
Equity
€3.9m
▼ 76.2%
Total assets
€18.2m
▼ 0.3%
Equity -76%: capital reduction
Filed on 21-08-2026, 21 days after the deadlineat the National Bank
Score breakdownraises riskLiquidity: current ratio 1.13, cash €25,256, halvedLast filed accounts filed 21 days late; 1 of the last 3 accounts latelowers riskSize: total assets €18.2mSector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 14% of medium-sized companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Weak
Solvency 46-54
equity 21.1% of total assets
Liquidity 7-43
short-term debt 78.7% · cash 0.1%
Profitability 37-22
return on assets -0.3%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (800 companies, NACE 70, medium-sized)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.4%▲ +0.1 percentage points vs 02-2025 04-2025: 0.3%▼ -0.1 percentage points vs 03-2025 05-2025: 0.4%▲ +0.1 percentage points vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.6%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.5 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €300,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.13 (1.91 in 2024), below the usual 1.5. Short-term debt is 78.7% and cash 0.1% of total assets. 78.9% of the assets are financed with debt and provisions.
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 70, medium-sized). It does better than 19% of them on solvency, 5% on liquidity, 31% on profitability and 2% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Six signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 1.13, cash €25,256, halved
NBB · annual accounts
lowers risk · Size: total assets €18.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 21 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 3861 sector peers (2025).
NBB · sector comparison
Position among 3861 sector peers
Solvency
better than 22%
← weakest strongest →
raises risk · 2025 accounts filed 21 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
21 days late
2024
29 days late
2023
33 days late
2022
13 days early
2021
33 days early
2020
27 days late
2019
11 days early
← 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 8 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 21 August (4 of the last 5 accounts filed within 34 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 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: From profit to loss in 2025after a profit of €1.6m in 2024 -€62,794 View
  • Caution: Lower net result than 86% of companies in head offices and management consultancysector median €53,936 · 3,860 companies -€62,794 View
  • Branch transferred to GRIP SPORTS CONSULTANCY BVcontribution on 07-03-2024 2024 View

Comparable companies

These companies have the same main activity as WATERMAN & WATERMAN: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €14m and €21m, founded between 2010 and 2012.

CompanyTotal assetsGross margin
WATERMAN & WATERMAN Vilvoorde€18.2m-€0.01m
RE-tail Return Partners I Merchtem€14.5m-€0.09m
WALTERLAND Sint-Laureins€17.8m-€0.1m
Larpino Antwerpen€20.9m-€0.006m
BOCH Gent€15.8m-€0.01m
BGR PARTNERS Brussel€17.4m-€0.09m
Compagnie Financière M.G.B. Remicourt€21.1m-€0.07m
Full comparison

Documents

Annual accounts at the NBB

All 14 annual accounts

Articles and registers

Key facts about WATERMAN & WATERMAN

What is the company number of WATERMAN & WATERMAN?
The company number of WATERMAN & WATERMAN is 0835.289.170. The VAT number is the same number with BE in front: BE 0835.289.170.
Where is WATERMAN & WATERMAN based?
The registered office is at Harensesteenweg 228, 1800 Vilvoorde.Company details
What does WATERMAN & WATERMAN do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of WATERMAN & WATERMAN?
The legal form of WATERMAN & WATERMAN is Public limited company (NV).
When was WATERMAN & WATERMAN founded?
WATERMAN & WATERMAN was founded on 07-04-2011.
Is WATERMAN & WATERMAN still active?
Yes, WATERMAN & WATERMAN is an active enterprise in the KBO register.
What is the turnover of WATERMAN & WATERMAN?
The annual accounts for financial year 2025 state no turnover.Financials
Is WATERMAN & WATERMAN profitable?
In financial year 2025, WATERMAN & WATERMAN made a loss of €62,794.
Where can I find the annual accounts of WATERMAN & WATERMAN?
WATERMAN & WATERMAN filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of WATERMAN & WATERMAN due?
WATERMAN & WATERMAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.