WA-COMPANY
ActiveSummary
The computed 12-month bankruptcy probability of WA-COMPANY is 4.4% (elevated). The 2024 annual accounts show equity of €411k and a net result of €201k. Equity is growing by ~45.9% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency86▲+7
Growth78=
Track record94
Bankruptcy probability, 12 months
4.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days only on tighter terms
Liquidity ample (current ratio 2.88 against 2.66 in 2023; short-term debt: 30.4% and cash: 47% of total assets), and 39.2% of the assets are financed with debt.
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
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
60.8%
Return on assets
29.8%
Age of the figures
21 mo
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 31-07-2025, 0 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
30 d late
2022
11 d early
2021
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€201k▲ 12.3%
2023 · €179k
2021: €167k
2022: €156k
2023: €179k
2021 → 2024
Working capital
€386k▲ 41.7%
2023 · €272k
2021: €72k
2022: €174k
2023: €272k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€82k-€182k▲ 122%€300k▲ 64.9%€411k▲ 37.1%
Operating result€227k-€215k▼ 5.5%€263k▲ 22.6%€292k▲ 10.8%
Net result€167k-€156k▼ 6.6%€179k▲ 15.2%€201k▲ 12.3%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 11% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €676k
Fixed assets
€85k ▼ 25.6%
Current assets
€591k ▲ 35.4%
Equity and liabilities €676k
Equity
€411k ▲ 37.1%
Debt
€265k ▲ 5.7%
Debt's share of the balance-sheet total falls from 45.5% to 39.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€321k▲
2023 · €293k
Cash flow
€230k▲
2023 · €208k
Current ratio
2.88▲
2023 · 2.66
Debt to equity
0.64▼
2023 · 0.84
ROE
49.0%▼
2023 · 59.8%
ROA
29.8%▼
2023 · 32.6%
Interest coverage
43.97▼
2023 · 61.91
Debt ≤ 1 year
€205k▲
2023 · €164k
Debt > 1 year
€59k▼
2023 · €86k
Income taxes
€85k▲
2023 · €81k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€550k€676k▲
Fixed assets21/28€114k€85k▼
Tangible fixed assets22/27€113k€84k▼
Furniture and vehicles24€113k€84k▼
Financial fixed assets28€1k€1k=
Current assets29/58€436k€591k▲
Amounts receivable within one year40/41€158k€223k▲
Other amounts receivable41€158k€223k▲
Cash at bank and in hand54/58€223k€318k▲
Deferred charges and accrued income490/1€55k€50k▼
Equity and liabilities
Total equity and liabilities10/49€550k€676k▲
Equity10/15€300k€411k▲
Contributions10/11€5k€5k=
Reserves13€295k€406k▲
Distributable reserves133€295k€406k▲
Amounts payable17/49€250k€265k▲
Amounts payable after more than one year17€86k€59k▼
Financial debts170/4€86k€59k▼
Amounts payable within one year42/48€164k€205k▲
Current portion of amounts payable after more than one year42€83k€100k▲
Trade debts44€7k€7k▲
Suppliers440/4€7k€7k▲
Taxes, remuneration and social security45€31k€8k▼
Taxes450/3€28k€8k▼
Remuneration and social security454/9€3k-
Other amounts payable47/48€43k€90k▲
Accrued charges and deferred income492/3€10€17▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€29k▼
Other operating charges640/8€7k€4k▼
Gross operating margin9900€300k€325k▲
Operating profit (loss)9901€263k€292k▲
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€5k€7k▲
Recurring financial charges65€5k€7k▲
Profit (loss) for the period before taxes9903€260k€287k▲
Income taxes67/77€81k€85k▲
Profit (loss) for the period9904€179k€201k▲
Profit (loss) for the period to be appropriated9905€179k€201k▲
Appropriation of the result
Profit (loss) to be appropriated9906€179k€201k▲
Transfer to equity691/2€118k€111k▼
To other reserves6921€118k€111k▼
Profit to be distributed694/7€61k€90k▲
Return on contributions (dividend)694€61k€90k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2021net €201k ▲12.3%
Operating result €292k, net result €201k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Equity above €200kEq €300k ▲64.9%
3 profitable years in a row build equity to €300k.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €156k ▼6.6%
Net result drops to €156k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €182k ▲122%
2 profitable years in a row build equity to €182k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
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, Sint-Pieters-Woluwe · 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.
Hertoginnestraat 111150 Sint-Pieters-WoluweGround area
1,118 m²
Building footprint
434 m²
Volume, LiDAR
4,164 m³
Parcel 21019A0209/00W005, Brussels · tallest building 19.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
WA-COMPANY
since 20202.309.260.291
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21019A0209/00W005 | Brussels | 1,118 m² | 1 · 434 m² | 19.6 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Legal Entity Identifier
6994001V0Y6TRW92LS25
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-10-2020
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.