Waterunie has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €62k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 20% of 1199 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2023
Profitability-
Solvency33▼-47
Growth78▲+50
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
8.2%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 1199 sector peers (2024).
NBB · sector comparisonPosition among 1199 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
29 d early
2022
28 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€73k▲ 731%
2023 · €9k
2022: €24k
2023: €9k
2022 → 2024
EBIT margin
0.4%▼ 2.8pp
2023 · 3.2%
2022: 0.7%
2023: 3.2%
2022 → 2024
Net result
Not included in this filing
Working capital
€-522k
2023 · €12k
2022: €60k
2023: €12k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Turnover€24k-€9k▼ 63.2%€73k▲ 731%
Equity€62k-€62k=€62k=
Operating result€175-€280▲ 60.0%€280=
Result per fiscal year
Operating result
The operating result stays at €280 in 2024, level with 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €752k
Fixed assets
€584k▲ 1,079%
Current assets
€168k▲ 167%
Equity and liabilities €752k
Equity
€62k=
Debt
€691k▲ 1,250%
The debt ratio rises from 45.4% to 91.8%. Debt is higher.
Key figures and ratios
EBITDA
€50k
Solvency
8.2%▼
2023 · 54.6%
Current ratio
0.24▼
2023 · 1.23
Quick ratio
0.24▼
2023 · 1.23
Debt / equity
11.23▲
2023 · 0.83
Interest coverage
179.32
Debt
€691k▲
2023 · €51k
Debt ≤ 1 year
€691k▲
2023 · €51k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€113k€752k▲
Fixed assets21/28€50k€584k▲
Intangible fixed assets21€48k€584k▲
Tangible fixed assets22/27€2k-
Assets under construction and advance payments27€2k-
Current assets29/58€63k€168k▲
Amounts receivable within one year40/41€10k€73k▲
Trade receivables40€9k€73k▲
Other amounts receivable41€1k€488▼
Cash at bank and in hand54/58€53k€95k▲
Equity and liabilities
Total equity and liabilities10/49€113k€752k▲
Equity10/15€62k€62k=
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Amounts payable17/49€51k€691k▲
Amounts payable within one year42/48€51k€691k▲
Trade debts44€51k€197k▲
Suppliers440/4€51k€197k▲
Other amounts payable47/48-€494k
Income statement
Code20232024
Operating income70/76A€9k€73k▲
Turnover70€9k€73k▲
Operating charges60/66A€8k€72k▲
Services and other goods61€8k€22k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€50k
Other operating charges640/8€384€525▲
Operating profit (loss)9901€280€280=
Financial charges65/66B€280€280=
Recurring financial charges65€280€280=
Other financial charges652/9€280€280=
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
31-07
State Gazette act
Resignations & appointmentsBoard meeting · General meeting · Director appointment7 facts ▸
State Gazette act
Resignations & appointments
Board meeting · General meeting · Director appointment7 facts ▸
- Board meeting, 25/03/2026
- General meeting, 05/06/2026
- Director appointment, Jan Vermeulen (Voorzitter)
- Director resignation, Brecht Vermeulen (B-bestuurder)
- Director appointment, Luc Wouters (B-bestuurder)
- Director resignation, Dirk Claes (B-bestuurder)
- Director appointment, Els Kindt (B-bestuurder)
24-03
State Gazette act
Resignations & appointmentsWritten resolution · Auditor appointment2 facts ▸
State Gazette act
Resignations & appointments
Written resolution · Auditor appointment2 facts ▸
- Written resolution, 09/03/2026
- Auditor appointment, Figurad Bedrijfsrevisoren bv (commissaris)
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
State Gazette actNBB filing
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26098814). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Jan Vermeulen
CurrentChair · since 25-03-2026
Els Kindt
CurrentB bestuurder · since 24-09-2025
Luc Wouters
CurrentB bestuurder · since 25-06-2025
25-03-2026
Jan Vermeulen: Appointed as Chair
24-09-2025
Els Kindt: Appointed as B bestuurder
24-09-2025
Claes Dirk: Resigned as B bestuurder
25-06-2025
Luc Wouters: Appointed as B bestuurder
25-06-2025
Brecht Vermeulen: Resigned as B bestuurder
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Stropstraat 19000 GentGround area
1.1 ha
Building footprint
2,626 m²
Volume, LiDAR
34,946 m³
Parcel 44808H0267/00D002, Flanders · tallest building 18.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Stropstraat 1, 9000 Gent
since 20222.331.714.605
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44808H0267/00D002 | Flanders | 1.1 ha | 1 · 2,626 m² | 18.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| Figurad Bedrijfsrevisoren bvCurrent Statutory auditor | 24-03-2026 → present |
Structure & network
Connections & network
8 connected companiesLinked via shared directors
viaLuc Wouters · Director
→
viaLuc Wouters · Director
→
viaLuc Wouters · Lid van de raad van bestuur
→
viaLuc Wouters · Director
→
Show 4 more companies with a shared director
viaLuc Wouters · Director
former→
viaLuc Wouters · Director
former→
viaLuc Wouters · Director
former→
viaLuc Wouters · Director
former→
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 465,000 EUR awarded · 139,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 465,000 EUR | 139,500 EUR |
Schemes
Subsidie Circulair water
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Of 24,501 companies in sector 82990 we hold annual accounts for 9,402. 7,045 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-03-2022
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.