WASP
ActiveSummary
WASP has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €731k and a net result of €103k. Equity is growing by ~14.2% per year across the filed fiscal years. Its solvency ranks better than 76% of 2699 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability64▼-23
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 4.2 against 4.26 in 2024; short-term debt: 23.8% and cash: 74.3% of total assets), and 24.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
75.2%
Return on assets
10.6%
Age of the figures
15 mo
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 13-02-2026, 13 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
13 d late
2024
31 d early
2023
22 d early
2022
8 d early
2021
32 d early
2020
5 d early
2019
4 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€209k
EBIT margin
-17.0%
Net result
€103k▼ 13.4%
2024 · €119k
2018: €-38klowest in 8 years
2019: €117k▲ +411% vs 2018
2020: €32k▼ -72.8% vs 2019
2021: €137k▲ +330% vs 2020highest in 8 years
2022: €120k▼ -12.4% vs 2021
2023: €85k▼ -28.8% vs 2022
2024: €119k▲ +39.8% vs 2023
2025: €103k▼ -13.4% vs 2024
2018 → 2025
Working capital
€741k▲ 18.1%
2024 · €628k
2018: €181klowest in 8 years
2019: €300k▲ +66.0% vs 2018
2020: €329k▲ +9.5% vs 2019
2021: €475k▲ +44.3% vs 2020
2022: €495k▲ +4.4% vs 2021
2023: €509k▲ +2.7% vs 2022
2024: €628k▲ +23.4% vs 2023
2025: €741k▲ +18.1% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€488k-€500k▲ 2.4%€508k▲ 1.8%€628k▲ 23.5%€731k▲ 16.5%
2021: €488klowest in 5 years
2022: €500k▲ +2.4% vs 2021
2023: €508k▲ +1.8% vs 2022
2024: €628k▲ +23.5% vs 2023
2025: €731k▲ +16.5% vs 2024highest in 5 years
Operating result€179k-€158k▼ 11.8%€169k▲ 7.2%€167k▼ 1.0%€152k▼ 9.3%
2021: €179khighest in 5 years
2022: €158k▼ -11.8% vs 2021
2023: €169k▲ +7.2% vs 2022
2024: €167k▼ -1.0% vs 2023
2025: €152k▼ -9.3% vs 2024lowest in 5 years
Net result€137k-€120k▼ 12.4%€85k▼ 28.8%€119k▲ 39.8%€103k▼ 13.4%
2021: €137khighest in 5 years
2022: €120k▼ -12.4% vs 2021
2023: €85k▼ -28.8% vs 2022lowest in 5 years
2024: €119k▲ +39.8% vs 2023
2025: €103k▼ -13.4% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 9% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €973k
Equity
€731k ▲ 16.5%
Debt
€242k ▲ 25.4%
Debt's share of the balance-sheet total rises from 23.5% to 24.8%. Equity and debt are higher.
Key figures and ratios
Current ratio
4.20▼
2024 · 4.26
Debt to equity
0.33▲
2024 · 0.31
ROE
14.1%▼
2024 · 19.0%
ROA
10.6%▼
2024 · 14.5%
Debt ≤ 1 year
€231k▲
2024 · €192k
Income taxes
€36k▼
2024 · €41k
Staff costs
€144k▲
2024 · €95k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€820k€973k▲
Current assets29/58€820k€973k▲
Amounts receivable within one year40/41€240k€42k▼
Trade receivables40€35k€38k▲
Other amounts receivable41€205k€5k▼
Current investments50/53-€200k
Cash at bank and in hand54/58€572k€723k▲
Deferred charges and accrued income490/1€9k€7k▼
Equity and liabilities
Total equity and liabilities10/49€820k€973k▲
Equity10/15€628k€731k▲
Contributions10/11€19k€19k=
Reserves13€609k€712k▲
Tax-exempt reserves132€7k€7k=
Distributable reserves133€602k€705k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€193k€242k▲
Amounts payable within one year42/48€192k€231k▲
Trade debts44€36k€69k▲
Suppliers440/4€36k€69k▲
Taxes, remuneration and social security45€22k€27k▲
Taxes450/3€7k€5k▼
Remuneration and social security454/9€15k€23k▲
Other amounts payable47/48€135k€135k▲
Accrued charges and deferred income492/3€192€10k▲
Income statement
Code20242025
Non-recurring operating income76A-€1k
Remuneration, social security and pensions62€95k€144k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k€-3k▼
Other operating charges640/8€2k€4k▲
Gross operating margin9900€267k€297k▲
Operating profit (loss)9901€167k€152k▼
Financial income75/76B€3k€721▼
Recurring financial income75€3k€721▼
Financial charges65/66B€10k€13k▲
Recurring financial charges65€10k€13k▲
Profit (loss) for the period before taxes9903€160k€139k▼
Income taxes67/77€41k€36k▼
Profit (loss) for the period9904€119k€103k▼
Profit (loss) for the period to be appropriated9905€119k€103k▼
Appropriation of the result
Profit (loss) to be appropriated9906€119k€103k▼
Transfer from equity791/2€0-
Transfer to equity691/2€119k€103k▼
To other reserves6921€119k€103k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)90871.02.0▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €2k | €0 | - | €1k | - |
| Remuneration, social security and pensions62 | - | €113k | €125k | €95k | €144k | ▲ 52.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €9k | €4k | €0 | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €8k | €-2k | €3k | €-3k | ▼ 200% |
| Other operating charges640/8 | - | €2k | €4k | €2k | €4k | ▲ 92.9% |
| Gross operating margin9900 | €312k | €289k | €300k | €267k | €297k | ▲ 11.2% |
| Operating profit (loss)9901 | €179k | €158k | €169k | €167k | €152k | ▼ 9.3% |
| Financial income75/76B | - | €4k | €2k | €3k | €721 | ▼ 74.5% |
| Recurring financial income75 | €4k | €4k | €2k | €3k | €721 | ▼ 74.5% |
| Financial charges65/66B | - | €821 | €56k | €10k | €13k | ▲ 30.0% |
| Recurring financial charges65 | €-1k | €821 | €56k | €10k | €13k | ▲ 30.0% |
| Profit (loss) for the period before taxes9903 | €184k | €161k | €115k | €160k | €139k | ▼ 12.9% |
| Income taxes67/77 | €47k | €41k | €30k | €41k | €36k | ▼ 11.5% |
| Profit (loss) for the period9904 | €137k | €120k | €85k | €119k | €103k | ▼ 13.4% |
| Profit (loss) for the period to be appropriated9905 | €137k | €120k | €85k | €119k | €103k | ▼ 13.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €661k | €690k | €670k | €820k | €973k | ▲ 18.6% |
| Fixed assets21/28 | €13k | €4k | €0 | - | - | - |
| Tangible fixed assets22/27 | €13k | €4k | €0 | - | - | - |
| Furniture and vehicles24 | - | €4k | €0 | - | - | - |
| Current assets29/58 | €648k | €686k | €670k | €820k | €973k | ▲ 18.6% |
| Amounts receivable within one year40/41 | €351k | €302k | €241k | €240k | €42k | ▼ 82.3% |
| Trade receivables40 | - | €42k | €36k | €35k | €38k | ▲ 7.1% |
| Other amounts receivable41 | - | €260k | €205k | €205k | €5k | ▼ 97.7% |
| Current investments50/53 | €29k | €0 | - | - | €200k | - |
| Cash at bank and in hand54/58 | €265k | €382k | €413k | €572k | €723k | ▲ 26.4% |
| Deferred charges and accrued income490/1 | - | €2k | €16k | €9k | €7k | ▼ 14.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €661k | €690k | €670k | €820k | €973k | ▲ 18.6% |
| Equity10/15 | €488k | €500k | €508k | €628k | €731k | ▲ 16.5% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €469k | €481k | €490k | €609k | €712k | ▲ 17.0% |
| Tax-exempt reserves132 | - | €7k | €7k | €7k | €7k | = |
| Distributable reserves133 | - | €474k | €483k | €602k | €705k | ▲ 17.2% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | - | - |
| Amounts payable17/49 | €174k | €190k | €162k | €193k | €242k | ▲ 25.4% |
| Amounts payable within one year42/48 | €173k | €190k | €162k | €192k | €231k | ▲ 20.2% |
| Trade debts44 | €4k | €3k | €6k | €36k | €69k | ▲ 91.6% |
| Suppliers440/4 | - | €3k | €6k | €36k | €69k | ▲ 91.6% |
| Taxes, remuneration and social security45 | - | €23k | €21k | €22k | €27k | ▲ 26.1% |
| Taxes450/3 | - | €4k | €6k | €7k | €5k | ▼ 30.6% |
| Remuneration and social security454/9 | - | €19k | €15k | €15k | €23k | ▲ 50.7% |
| Other amounts payable47/48 | - | €165k | €135k | €135k | €135k | ▲ 0.2% |
| Accrued charges and deferred income492/3 | - | €174 | €174 | €192 | €10k | ▲ 5,229% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €137k | €120k | €85k | €119k | €103k | ▼ 13.4% |
| + Depreciation and write-downs630 | €9k | €9k | €4k | €0 | - | - |
| Operating cash flow (approximation) | €146k | €129k | €90k | €119k | €103k | ▼ 13.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | €117k | €31k | €158k | €151k | ▼ 4.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 13 days late
2024
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
09-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Equity above €500kEq €508k ▲1.8%
5 profitable years in a row build equity to €508k.
23-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
30-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Highest result since 2018net €137k ▲330%
Operating result €179k, net result €137k, both a record.
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €117k
Net result €117k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Oudenaarde · 1 establishment unit since 1995
Ground area
4,354 m²
Building footprint
1,055 m²
Volume, LiDAR
8,058 m³
Parcel 45502A0521/00D000, Flanders · tallest building 9.4 m, ±3 floors. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
Ambachtsstraat 8, 9700 Oudenaarde
since 19952.070.883.484
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45502A0521/00D000 | Flanders | 4,354 m² | 1 · 1,055 m² | 9.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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 16,879 companies in sector 62100 we hold annual accounts for 8,771. 4,796 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-02-1995
Fiscal year end30-06
Activities, NACEBEL 2025
62100Computer programming
Contact
E-mail
Mike.Fraeye@carfac.com
Scores and ratios are computed by Checked and are not a credit decision.