Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
63 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Cobalt Water EU from Gent, company number BE0628843476, closed financial year 2025 with a result of € -31,800 after tax. For that financial year Cobalt Water EU recorded a gross margin of € -27,300 and equity of € 4,106. Compared with financial year 2024, the result moved from € 3,887 to € -31,800. The company made a loss. The buffer shrank hard: equity is 89 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ 4,106
▼ 89% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -31,800
▼ still € 3,887 profit in 2024
Profit after tax over the fiscal year.
€ 413
▼ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -34,294.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 11,133
▲ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 87,664 | € -6,213 | € 7,499 | € -27,300 | ▼ € 34,799 |
| Profit after taxes | € 22,900 | € -22,730 | € 3,887 | € -31,800 | ▼ € 35,687 |
| Equity | € 54,748 | € 32,019 | € 35,906 | € 4,106 | ▼ 89% |
| Total debts | € 34,038 | € 21,493 | € 21,992 | € 26,711 | ▲ 21% |
| Cash | € 56,897 | € 696 | € 4,611 | € 413 | ▼ 91% |
| Retained profit | € 16,348 | € -6,381 | € -2,494 | € -34,294 | ▼ € 31,800 |
| Balance sheet total | € 88,786 | € 53,512 | € 57,898 | € 30,817 | ▼ 47% |
| Employees (FTE) | - | 1 | 0 | - |
Key figures of Cobalt Water EU, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Cobalt Water EU?
What happened at Cobalt Water EU in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 31,800 (▼ € 35,687 vs 2024). filed late Source: NBB ↗
- Jose Porro became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,900 profit in 2022 to € 31,800 loss in 2025.
Paid € 5,750 in corporate taxes since 2022.
Best year ever: 2022, with € 22,900 profit.
Management
Behind Cobalt Water EU is Jose Porro.
Directors
According to the 2025 annual accounts
Jose Porro
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Franklin Rooseveltlaan 349 box B.9
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 63 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0628.843.476
- VAT number
- BE 0628.843.476
- Registered office
- Franklin Rooseveltlaan 349 bus B.9, 9000 Gent
- Names & denominations
- Cobalt Water EU
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 April 2015
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
Winning, behandeling en distributie van water