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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
KM WATER from Poperinge, company number BE0878287785, closed financial year 2025 with a result of € -3,925 after tax. For that financial year KM WATER recorded a gross margin of € -2,193 and equity of € -26,389. Compared with financial year 2024, the result moved from € -2,220 to € -3,925. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ -26,389
▼ € 3,925 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,925
▼ 77 % more loss than in 2024
Profit after tax over the fiscal year.
€ 103,256
▲ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -32,589.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 69,790
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 774 | € 9,116 | € -771 | € -2,193 | ▼ € 1,423 |
| Profit after taxes | € -381 | € 7,435 | € -2,220 | € -3,925 | ▼ € 1,705 |
| Equity | € -27,678 | € -20,243 | € -22,463 | € -26,389 | ▼ € 3,925 |
| Total debts | € 166,741 | € 143,821 | € 230,201 | € 235,885 | ▲ 2% |
| Cash | € 8,385 | € 67,146 | € 95,698 | € 103,256 | ▲ 8% |
| Retained profit | € -33,878 | € -26,443 | € -28,663 | € -32,589 | ▼ € 3,925 |
| Balance sheet total | € 139,063 | € 123,578 | € 207,738 | € 209,496 | ▲ 1% |
By gross margin, KM WATER ranks 16th of 17 companies with main activity “Handelsbemiddeling in voedings- en genotmiddelen” in West Flanders that publish figures (fiscal year 2025).
Key figures of KM WATER, 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.
Ask about KM WATER the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to KM WATER?
What happened at KM WATER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,925. Source: NBB ↗
- New establishment in Poperinge. KBO
- Start of the company according to the CBE. KBO
In short
From € 381 loss in 2022 to € 3,925 loss in 2025.
Best year ever: 2023, with € 7,435 profit.
Management
The stake of GROUP JML WATER SYSTEM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KM WATERBehind KM WATER are Group JML Water System NV, Jacques Jordens and Annick Monneraye. The shares are held by GROUP JML WATER SYSTEM (98.9%).
Directors
According to the 2025 annual accounts
Jacques Jordens
Director
Also active at: DÉVELOPPEMENT INTERNATIONAL MACHINE MÉCANIQUE DE L’EAU, DU FROID ET DE L’AIR, GROUP JML WATER SYSTEM, AQUAPRO EUROPE, POUR L'O
Annick Monneraye
Director
Also active at: DÉVELOPPEMENT INTERNATIONAL MACHINE MÉCANIQUE DE L’EAU, DU FROID ET DE L’AIR, GROUP JML WATER SYSTEM, AQUAPRO EUROPE, POUR L'O
Shareholders
98.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nijverheidslaan 13
8970 Poperinge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Same main activity (Handelsbemiddeling in voedings- en genotmiddelen), 23 active companies in West Flanders, largest first.
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Details
- Company number
- 0878.287.785
- VAT number
- BE 0878.287.785
- Registered office
- Nijverheidslaan 13, 8970 Poperinge
- Names & denominations
- KM WATER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 2005
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
Handelsbemiddeling in voedings- en genotmiddelen
Winning, behandeling en distributie van water
Activiteiten van reclamebureaus
Publiciteitsagentschappen
Winning, zuivering en distributie van water