WATREMEZ
ActiveThe computed 12-month bankruptcy probability of WATREMEZ is 2.6% (moderate). The 2025 annual accounts show equity of €12k and a net result of €-12k. Equity is shrinking by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 18% of 7431 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
35
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability7▼-34
Solvency35▼-7
Growth32=
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 1.9 against 2.56 in 2024; short-term debt: 10% and cash: 4.1% of total assets), but 90.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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 2025Solvency, return and age of the figures
Solvency
9.5%
Return on assets
-9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 7431 sector peers (2025).
NBB · sector comparisonPosition among 7431 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
25 d late
2024
39 d late
2023
57 d late
2022
91 d late
2021
87 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€12k▼ 48.6%
2024 · €24k
2021: €24k
2022: €15k
2023: €21k
2024: €24k
2021 → 2025
Total assets
€128k▼ 9.2%
2024 · €141k
2021: €35k
2022: €24k
2023: €139k
2024: €141k
2021 → 2025
Net result
€-12k
2024 · €3k
2021: €22k
2022: €-9k
2023: €6k
2024: €3k
2021 → 2025
Working capital
€12k▼ 48.2%
2024 · €22k
2021: €20k
2022: €13k
2023: €17k
2024: €22k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€24k-€15k▼ 38.2%€21k▲ 37.4%€24k▲ 14.2%€12k▼ 48.6%
Operating result€28k-€-8k€6k€9k▲ 46.2%€-6k
Net result€22k-€-9k€6k€3k▼ 47.9%€-12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6k after €9k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €128k
Fixed assets
€104k▼ 0.8%
Current assets
€24k▼ 33.4%
Equity and liabilities €128k
Equity
€12k▼ 48.6%
Debt
€116k▼ 1.2%
The debt ratio rises from 83.2% to 90.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-85▼
2024 · €15k
Cash flow
€-6k▼
2024 · €8k
Solvency
9.5%▼
2024 · 16.8%
Current ratio
1.90▼
2024 · 2.56
Quick ratio
1.90▼
2024 · 2.56
Debt / equity
9.52▲
2024 · 4.95
ROE
-94.7%▼
2024 · 12.4%
ROA
-9.0%▼
2024 · 2.1%
Interest coverage
-0.01▼
2024 · 2.41
Debt
€116k▼
2024 · €118k
Debt ≤ 1 year
€13k▼
2024 · €14k
Debt > 1 year
€103k=
2024 · €103k
Income taxes
€96▼
2024 · €160
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€141k€128k▼
Fixed assets21/28€105k€104k▼
Tangible fixed assets22/27€105k€104k▼
Land and buildings22€105k€100k▼
Plant, machinery and equipment23€68€4k▲
Current assets29/58€36k€24k▼
Amounts receivable within one year40/41€5k€7k▲
Trade receivables40€804€195▼
Other amounts receivable41€4k€7k▲
Cash at bank and in hand54/58€23k€5k▼
Deferred charges and accrued income490/1€9k€12k▲
Equity and liabilities
Total equity and liabilities10/49€141k€128k▼
Equity10/15€24k€12k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€21k€10k▼
Amounts payable17/49€118k€116k▼
Amounts payable after more than one year17€103k€103k=
Financial debts170/4€103k€103k=
Amounts payable within one year42/48€14k€13k▼
Current portion of amounts payable after more than one year42€5k€7k▲
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€3k€2k▼
Other amounts payable47/48€3k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€17k€1k▼
Operating profit (loss)9901€9k€-6k▼
Financial income75/76B-€75
Recurring financial income75-€75
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€3k€-11k▼
Income taxes67/77€160€96▼
Profit (loss) for the period9904€3k€-12k▼
Profit (loss) for the period to be appropriated9905€3k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€10k▼
Profit (loss) brought forward from the previous period14P€18k€21k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial
Weakest financial yearnet €-12k ▼492%
Net result drops to €-12k, the lowest in the series.
08-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 39 days late
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
2022
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 87 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Binche · 1 establishment unit since 2020
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.
Rue de la Basse Egypte(BUV) 327133 BincheGround area
3,240 m²
Building footprint
274 m²
Volume, LiDAR
1,170 m³
2 parcels, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WATREMEZ
since 20202.307.162.222
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56014A0127/00F000 | Wallonia | 2,596 m² | 1 · 221 m² | 7.4 m · 2 fl. |
| 56014A0048/00V000 | Wallonia | 644 m² | 1 · 53 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,452 companies in sector 41003 we hold annual accounts for 1,055. 518 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-09-2020
Fiscal year end31-12
Activities, NACEBEL
41003General construction of other non-residential buildings
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
68121Development of residential building projects
68122Development of non-residential building projects
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.