Turnover—
EBIT margin—
Net result€-16k+43.7%
Working capital€162k-9.1%
Directors3
Conclusion
the dossier summarised in one paragraphThe file of WATERPAS PROJECTS contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 0.5% (very low). The 2022 annual accounts show equity of €162k and a net result of €-16k. Equity is shrinking by ~9% per year across the filed fiscal years. Its solvency ranks better than 62% of 335 sector peers (fiscal year 2022).
Based on the State Gazette, CBE and 4 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.5%
Very low
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile
+Lower-failure-rate sector
−Long track record
−
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
Insolvency timeline
2 events19-04-2024
Bankruptcy
Bankruptcy reversal
11-03-2024
Bankruptcy
Opening
Financials
FY 2022
€162k
equity
Turnover—
Net result€-16kHealth55/100 · Fair
See full annual accounts
People & board
No director data processed yet.
To directors Publicationslatest 19-04-2024
2
publications in the State GazetteAll publications & acts Network & structure
No network or structure data processed.
To structure
Trust signals
1 signalPrior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette — no current open procedure.
Administrative Flags
0 events
No administrative flags
Company registry (CBE)
Crossroads BankActivities
Ontwikkeling van residentiële bouwprojecten41101Ontwikkeling van residentiële bouwprojecten68121Handel in eigen onroerend goed68100Handel in eigen onroerend goed68110
Primary activity highlighted.
Names & trade names
| Legal nameNL | WATERPAS PROJECTS |
Registered office
Brugstraat 71
3740 Bilzen-Hoeselt, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.