Wasbron
ActiveSummary
Wasbron has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €50k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 30% of 1046 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▲+10
Solvency34▼-15
Growth78=
Track record94
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.84 against 1.14 in 2024; short-term debt: 48.5% and cash: 34.2% of total assets), and 90.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 2025Solvency, return and age of the figures
Solvency
9.1%
Return on assets
20.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 4 filingsDeviation from the deadline
2025
28 d late
2024
27 d late
2023
9 d early
2022
11 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€22k▼ 54.2%
2024 · €48k
2022: €-8k
2023: €22k
2024: €48k
2022 → 2025
Total assets
€244k▲ 23.2%
2024 · €198k
2022: €200k
2023: €194k
2024: €198k
2022 → 2025
Net result
€50k▲ 92.1%
2024 · €26k
2022: €-11k
2023: €30k
2024: €26k
2022 → 2025
Working capital
€-19k
2024 · €4k
2022: €-31k
2023: €-16k
2024: €4k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-8k-€22k€48k▲ 119%€22k▼ 54.2%
Operating result€-6k-€40k€36k▼ 9.7%€67k▲ 83.4%
Net result€-11k-€30k€26k▼ 12.6%€50k▲ 92.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 83% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €244k
Fixed assets
€145k ▼ 13.5%
Current assets
€99k ▲ 226%
Equity and liabilities €244k
Equity
€22k ▼ 54.2%
Debt
€222k ▲ 48.3%
Debt's share of the balance-sheet total rises from 75.5% to 90.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€86k▲
2024 · €57k
Cash flow
€70k▲
2024 · €47k
Current ratio
0.84▼
2024 · 1.14
Quick ratio
0.83▼
2024 · 1.12
Debt to equity
10.01▲
2024 · 3.09
ROE
227.7%▲
2024 · 54.2%
ROA
20.7%▲
2024 · 13.3%
Interest coverage
25.30▲
2024 · 16.15
Debt ≤ 1 year
€118k▲
2024 · €27k
Debt > 1 year
€104k▼
2024 · €123k
Income taxes
€13k▲
2024 · €7k
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 · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€198k€244k▲
Fixed assets21/28€168k€145k▼
Tangible fixed assets22/27€167k€144k▼
Land and buildings22€102k€96k▼
Plant, machinery and equipment23€49k€33k▼
Furniture and vehicles24€709€544▼
Other tangible fixed assets26€15k€15k▼
Financial fixed assets28€778€778=
Current assets29/58€30k€99k▲
Stocks and contracts in progress3€587€1k▲
Stocks30/36€587€1k▲
Amounts receivable within one year40/41€4k€13k▲
Trade receivables40€547-
Other amounts receivable41€3k€13k▲
Cash at bank and in hand54/58€25k€83k▲
Deferred charges and accrued income490/1€462€1k▲
Equity and liabilities
Total equity and liabilities10/49€198k€244k▲
Equity10/15€48k€22k▼
Contributions10/11€3k€3k=
Reserves13€19k€19k=
Distributable reserves133€19k€19k=
Profit (loss) carried forward14€26k-
Amounts payable17/49€150k€222k▲
Amounts payable after more than one year17€123k€104k▼
Financial debts170/4€123k€104k▼
Amounts payable within one year42/48€27k€118k▲
Current portion of amounts payable after more than one year42€19k€19k▲
Trade debts44€5k€6k▲
Suppliers440/4€5k€6k▲
Taxes, remuneration and social security45€2k€27k▲
Taxes450/3€2k€24k▲
Remuneration and social security454/9-€3k
Other amounts payable47/48-€65k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€20k▼
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A-€4k
Gross operating margin9900€58k€92k▲
Operating profit (loss)9901€36k€67k▲
Financial income75/76B€19€137▲
Recurring financial income75€19€137▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€33k€63k▲
Income taxes67/77€7k€13k▲
Profit (loss) for the period9904€26k€50k▲
Profit (loss) for the period to be appropriated9905€26k€50k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€77k▲
Profit (loss) brought forward from the previous period14P-€26k
Profit to be distributed694/7-€77k
Return on contributions (dividend)694-€77k
The notes to these accounts (15 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Highest result since 2022net €50k ▲92.1%
Operating result €67k, net result €50k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 1.14
Current ratio from 0.46 to 1.14; short-term debt falls from €30k to €27k.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €30k
Net result €30k after one loss-making year.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Tongeren-Borgloon · 1 establishment unit since 2021
Ground area
506 m²
Building footprint
219 m²
Volume, LiDAR
1,488 m³
Parcel 73347A0101/00Z002, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Wasbron
since 20212.319.464.097
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73347A0101/00Z002 | Flanders | 506 m² | 1 · 219 m² | 11.9 m · 3 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.
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Of 1,000 companies in sector 96102 we hold annual accounts for 459. 334 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
96102Launderettes and laundries for private customers
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.