WL Waterschei

Active

Private limited companyfounded 20242 yrs activeWatergrasstraat 13, 3600 Genk, BelgiumKBO/BCE: BE 1011.125.228

The computed 12-month bankruptcy probability of WL Waterschei is 2.0% (moderate). The 2025 annual accounts show equity of €965k and a net result of €-135k. Its solvency ranks better than 51% of 10242 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

56 / 100

Fair

The score combines four axes. Every signal that weighs is under Signals.

Axes

Profitability0

Solvency62

Growth-

Stability67

Bankruptcy probability, 12 months

2.0% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €55k at 30 days only on tighter terms

Liquidity tight (current ratio 1.13), and 62.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

37.9%

Return on assets

-5.3%

Age of the figures

8 mo

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 1 filing

Deviation from the deadline

2025

31 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€965k

Total assets

€2.54M

Net result

€-135k

Working capital

€178k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition

Assets €2.43M

34.7%

65.3%

Fixed assets €844k

Current assets €1.59M

Equity and liabilities €2.54M

37.9%

62.1%

Equity €965k

Debt €1.58M

Debt finances 62.1% of the balance-sheet total.

Key figures and ratios

2025 value

EBITDA

€185k

Cash flow

€171k

Solvency

37.9%

Current ratio

1.13

Quick ratio

0.73

Debt / equity

1.64

ROE

-13.9%

ROA

-5.3%

Interest coverage

299.53

Debt

€1.58M

Debt ≤ 1 year

€1.41M

Income taxes

€23k

Staff costs

€2.80M

Filed annual accounts

As filed with the NBB · 2025

Balance sheet Code2025

Assets

Total assets20/58€2.54M

Formation expenses20€111k

Fixed assets21/28€844k

Intangible fixed assets21€366k

Tangible fixed assets22/27€478k

Plant, machinery and equipment23€478k

Current assets29/58€1.59M

Stocks and contracts in progress3€554k

Stocks30/36€554k

Amounts receivable within one year40/41€922k

Trade receivables40€75k

Other amounts receivable41€847k

Cash at bank and in hand54/58€114k

Equity and liabilities

Total equity and liabilities10/49€2.54M

Equity10/15€965k

Contributions10/11€500k

Revaluation surpluses12€439k

Reserves13€26k

Distributable reserves133€26k

Amounts payable17/49€1.58M

Amounts payable within one year42/48€1.41M

Trade debts44€1.01M

Suppliers440/4€1.01M

Taxes, remuneration and social security45€402k

Taxes450/3€23k

Remuneration and social security454/9€379k

Accrued charges and deferred income492/3€167k

Income statement Code2025

Remuneration, social security and pensions62€2.80M

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€305k

Other operating charges640/8€55k

Non-recurring operating charges66A€-111k

Gross operating margin9900€2.93M

Operating profit (loss)9901€-120k

Financial income75/76B€9k

Recurring financial income75€9k

Financial charges65/66B€619

Recurring financial charges65€619

Profit (loss) for the period before taxes9903€-112k

Income taxes67/77€23k

Profit (loss) for the period9904€-135k

Profit (loss) for the period to be appropriated9905€-135k

Appropriation of the result

Profit (loss) to be appropriated9906€-135k

Transfer from equity791/2€135k

Social balance

Average headcount (FTE)908733.3

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 1Filings 1

2026

31-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 31 days late

NBB filing

Directors · office · real estate

Directors

1 act for this company is 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, Genk · 1 establishment unit since 2024

establishment The establishment unit on the map

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.

Watergrasstraat 133600 Genk

Ground area

4,156 m²

Building footprint

5,448 m²

Parcel 71308A0827/00A225, Flanders. Linked by address, not a title deed.

1 establishment unit

AD Delhaize Waterschei

Watergrasstraat 13, 3600 GenkRetail trade

since 20242.362.351.658

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71308A0827/00A225	Flanders	4,156 m²	1 · 5,448 m²	-

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.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 1,958 EUR awarded · 1,958 EUR paid

Year	Entries	awarded	paid
2025	1	0 EUR	1,958 EUR
2024	1	1,958 EUR	0 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

2 entries · 1,958 EUR · 1,958 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site

Genk2.362.351.658

1 permission

Toelating · Detailhandel met verwerking · since 29-08-2024

Similar companies · same sector, comparable size

Schaarbeek · Eq €959k

Of 10,411 companies in sector 47110 we hold annual accounts for 5,787. 2,286 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded03-07-2024

Fiscal year end31-12

Activities, NACEBEL

47110Non-specialised retail sale with food, beverages or tobacco predominating

47114Supermarkets

Sources

Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.