WATERPROOF EUROPE

Active

Private limited companyfounded 2024active for 1 yearDragonderstraat 11, 1640 Sint-Genesius-Rode, BelgiumKBO/BCE: BE 1017.852.375

Summary

The computed 12-month bankruptcy probability of WATERPROOF EUROPE is 8.0% (elevated). The 2025 annual accounts show equity of €109,053 and a net result of €9,053. Its solvency ranks better than 95% of 34,789 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Risk analysisFollow Report Compare

WATERPROOF EUROPEActiveChecked score 36/100

Risk analysis Report Compare

Activity

Specialised construction activities

NACE 43421

2 sites

Size

≈ €200,000turnover 2025, estimated

Equity: €109,053
Profit: €9,053

Turnover estimated from the gross margin

Financial health

36 Weak Checked score 2025

Bankruptcy probabilitywithin 12 months: 8.0%

Structure

Sievert ZénonDaily manager
VICENTE GUERNICA Christian PhilippeDirector

2025 accounts 105 days early

Why 36raises riskFounded in 2024Liquidity: current ratio 5.67, cash €110Ex-officio strike-off in the KBOSize: total assets €114,969Show the evidence

Checked score

Score 2025

36 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 64% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength

Strong

Solvency 100

equity 94.9% of total assets

Liquidity 50

short-term debt 5.1% · cash 0.1%

Profitability 79

return on assets 7.9%

Bankruptcy probability, 12 months

8.0% Elevated

0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,658 companies, NACE 43, micro)

Last 24 months 01-2026: 1.9%lowest value 02-2026: 1.9%● unchanged vs 01-2026lowest value 03-2026: 3.7%▲ +1.8 percentage points vs 02-2026 04-2026: 4.3%▲ +0.6 percentage points vs 03-2026 05-2026: 7.2%▲ +2.9 percentage points vs 04-2026 06-2026: 7.5%▲ +0.3 percentage points vs 05-2026 07-2026: 7.5%● unchanged vs 06-2026 08-2026: 7.8%▲ +0.3 percentage points vs 07-2026 09-2026: 7.9%▲ +0.1 percentage points vs 08-2026 10-2026: 8.0%▲ +0.1 percentage points vs 09-2026highest value

Credit of up to €3,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms

Liquidity ample (current ratio 5.67, above the usual 1.5; short-term debt: 5.1% and cash: 0.1% of total assets), and 5.1% of the assets are financed with debt and provisions.

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 (NACE 43, micro): better than 90% on solvency, 44% on liquidity and 56% on profitability.

The bankruptcy probability was computed on 28-10-2026 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

Six signals.

raises riskneutral

Founded in 2024

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Liquidity: current ratio 5.67, cash €110

NBB · annual accounts

Ex-officio strike-off in the KBO

KBO publications

Size: total assets €114,969

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-04-2026, 105 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2025

105 days early

← before the deadline after the deadline →

Administrative warnings in the KBO publications

1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.

KBO publications

Publications

Address struck

21-05-2026 Appointment: VICENTE GUERNICA Christian Philippe (director)Purpose change · Amendment of…
28-04-2026 Resignations: G GROUP PROJECT (director) and…Appointment: Sievert Zénon (enige bestuurder…
17-04-2026 Annual accounts filedfinancial year 2025 · micro…

Key points

Caution: Board changedlatest change 21-05-2026 · 2 in office 2 joined · 2 left View
Positive: Among the best 5% on solvencysector median 46.8% · 34,789 companies 94.9% View
Total assets 2025first financial year filed €114,969 View

By topic

Financials

Financial year: 2025
Total assets: €114,969
Profit: €9,053
Solvency: 94.9%

Go to Financials

Board & ownership

Board: 2 members

Sievert ZénonDaily manager
VICENTE GUERNICA Christian PhilippeDirector

Go to Board & ownership

Timeline

Events: 5
Since: 2024

11-02-2026Address struck
27-12-2024Incorporation

Go to Timeline

Company details

Sites: 2

Legal form: Private limited company
Activity: Specialised construction activitiesNACE 43421
Founded: 23-12-2024
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 30

Annual meeting: Last Friday of June at 15:00
Purpose: “De conceptie, de ontwikkeling, de uitgave, de commercialisering en het onderhoud van…” (deed in Dutch)

Go to Articles of association

Key facts about WATERPROOF EUROPE

What is the company number of WATERPROOF EUROPE?: 1017.852.375. In Belgium the VAT number is the company number with BE in front: BE 1017.852.375.
Where is WATERPROOF EUROPE based?: The registered office is at Dragonderstraat 11, 1640 Sint-Genesius-Rode.Company details
What does WATERPROOF EUROPE do?: According to the KBO register, the main activity is specialised construction activities (NACE 43421).
What is the legal form of WATERPROOF EUROPE?: Private limited company (BV).
When was WATERPROOF EUROPE founded?: On 23-12-2024.
Is WATERPROOF EUROPE still active?: Yes, WATERPROOF EUROPE is an active enterprise in the KBO register.
What is the turnover of WATERPROOF EUROPE?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is WATERPROOF EUROPE profitable?: In financial year 2025, WATERPROOF EUROPE made a profit of €9,053.
Where can I find the annual accounts of WATERPROOF EUROPE?: WATERPROOF EUROPE filed 1 annual account with the National Bank of Belgium, for financial year 2025.