WAVE ONE
ActiveWAVE ONE has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31k and a net result of €107k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+16
Solvency32▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.78 against 0.43 in 2024; short-term debt: 70.3% and cash: 32.7% of total assets), and 92.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
7.4%
Return on assets
25.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 31642 sector peers (2025).
NBB · sector comparisonPosition among 31642 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
16 d early
2024
42 d early
2023
19 d early
2022
23 d late
2021
23 d late
2020
25 d late
2019
24 d late
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€31k▲ 1.2%
2024 · €31k
2019: €15k
2020: €39k
2021: €60k
2022: €69k
2023: €82k
2024: €31k
2019 → 2025
Total assets
€419k▲ 10.2%
2024 · €381k
2019: €169k
2020: €367k
2021: €357k
2022: €337k
2023: €330k
2024: €381k
2019 → 2025
Net result
€107k▲ 132%
2024 · €46k
2019: €9k
2020: €27k
2021: €23k
2022: €9k
2023: €15k
2024: €46k
2019 → 2025
Working capital
€-65k▲ 36.2%
2024 · €-102k
2019: €-3k
2020: €-27k
2021: €-16k
2022: €-6k
2023: €-10k
2024: €-102k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€60k-€69k▲ 13.9%€82k▲ 19.9%€31k▼ 62.9%€31k▲ 1.2%
Operating result€34k-€17k▼ 50.6%€24k▲ 42.7%€64k▲ 168%€148k▲ 129%
Net result€23k-€9k▼ 59.3%€15k▲ 58.3%€46k▲ 218%€107k▲ 132%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 129% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €419k
Fixed assets
€189k▼ 37.8%
Current assets
€230k▲ 201%
Equity and liabilities €419k
Equity
€31k▲ 1.2%
Debt
€388k▲ 11.0%
The debt ratio rises from 92.0% to 92.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€179k▲
2024 · €90k
Cash flow
€138k▲
2024 · €72k
Solvency
7.4%▼
2024 · 8.0%
Current ratio
0.78▲
2024 · 0.43
Quick ratio
0.78▲
2024 · 0.43
Debt / equity
12.55▲
2024 · 11.44
ROE
346.8%▲
2024 · 151.0%
ROA
25.6%▲
2024 · 12.1%
Interest coverage
22.79▲
2024 · 22.45
Debt
€388k▲
2024 · €350k
Debt ≤ 1 year
€295k▲
2024 · €178k
Debt > 1 year
€93k▼
2024 · €172k
Income taxes
€32k▲
2024 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€381k€419k▲
Fixed assets21/28€304k€189k▼
Tangible fixed assets22/27€304k€189k▼
Land and buildings22€243k€117k▼
Furniture and vehicles24€61k€73k▲
Current assets29/58€77k€230k▲
Amounts receivable within one year40/41€29k€91k▲
Trade receivables40€29k€91k▲
Cash at bank and in hand54/58€46k€137k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€381k€419k▲
Equity10/15€31k€31k▲
Contributions10/11€19k€19k=
Reserves13€12k€12k=
Distributable reserves133€12k€12k=
Profit (loss) carried forward14-€356
Amounts payable17/49€350k€388k▲
Amounts payable after more than one year17€172k€93k▼
Financial debts170/4€168k€91k▼
Other amounts payable178/9€4k€3k▼
Amounts payable within one year42/48€178k€295k▲
Current portion of amounts payable after more than one year42€32k€18k▼
Trade debts44€39k€37k▼
Suppliers440/4€39k€37k▼
Taxes, remuneration and social security45€16k€55k▲
Taxes450/3€16k€55k▲
Other amounts payable47/48€92k€184k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€31k▲
Other operating charges640/8€5k€4k▼
Gross operating margin9900€96k€183k▲
Operating profit (loss)9901€64k€148k▲
Financial income75/76B-€14
Recurring financial income75-€14
Financial charges65/66B€4k€8k▲
Recurring financial charges65€4k€8k▲
Profit (loss) for the period before taxes9903€60k€140k▲
Income taxes67/77€14k€32k▲
Profit (loss) for the period9904€46k€107k▲
Profit (loss) for the period to be appropriated9905€46k€107k▲
Appropriation of the result
Profit (loss) to be appropriated9906€110k€107k▼
Profit (loss) brought forward from the previous period14P€64k-
Profit to be distributed694/7€110k€107k▼
Return on contributions (dividend)694€110k€107k▼
The notes to these accounts (8 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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €107k ▲132%
Operating result €148k, net result €107k, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Oreye · 1 establishment unit since 2018
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.
Rue de la Westrée 424360 OreyeGround area
2,807 m²
Building footprint
143 m²
Volume, LiDAR
982 m³
2 parcels, Wallonia · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WAVE ONE
since 20182.281.296.181
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64056B0324/00F000 | Wallonia | 2,605 m² | 1 · 89 m² | 9.1 m · 2 fl. |
| 62003A0881/00F009 | Wallonia | 202 m² | 1 · 55 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 34,627 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-10-2018
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.