WAVE-TECH
ActiveThe computed 12-month bankruptcy probability of WAVE-TECH is 1.5% (moderate). The 2025 annual accounts show equity of €7k and a net result of €-54k. Equity is growing by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 19% of 27407 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
17
/ 100
Critical▼ -69 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-58
Solvency23▼-68
Growth32▼-46
Stability100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.03 against 1.82 in 2024), and 83% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
17%
Return on assets
-135.7%
Age of the figures
8 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 27407 sector peers (2025).
NBB · sector comparisonPosition among 27407 sector peers
Solvency
better than 19%
← 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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
31 d early
2023
45 d early
2022
32 d early
2021
9 d early
2020
7 d late
2019
31 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€7k▼ 88.8%
2024 · €61k
2018: €20k
2019: €28k
2020: €40k
2021: €47k
2022: €41k
2023: €54k
2024: €61k
2018 → 2025
Total assets
€40k▼ 67.3%
2024 · €123k
2018: €42k
2019: €63k
2020: €83k
2021: €87k
2022: €136k
2023: €144k
2024: €123k
2018 → 2025
Net result
€-54k
2024 · €7k
2018: €5k
2019: €8k
2020: €11k
2021: €8k
2022: €-6k
2023: €13k
2024: €7k
2018 → 2025
Working capital
€832▼ 98.4%
2024 · €51k
2018: €-710
2019: €19k
2020: €26k
2021: €31k
2022: €20k
2023: €44k
2024: €51k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€47k-€41k▼ 12.4%€54k▲ 30.7%€61k▲ 13.1%€7k▼ 88.8%
Operating result€12k-€-5k€16k€11k▼ 29.6%€-1k
Net result€8k-€-6k€13k€7k▼ 44.2%€-54k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €1k after €11k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40k
Fixed assets
€7k▼ 31.4%
Current assets
€33k▼ 70.8%
Equity and liabilities €40k
Equity
€7k▼ 88.8%
Debt
€33k▼ 45.9%
The debt ratio rises from 50.1% to 83.0%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€2k▼
2024 · €17k
Cash flow
€-51k▼
2024 · €12k
Solvency
17.0%▼
2024 · 49.9%
Current ratio
1.03▼
2024 · 1.82
Quick ratio
0.45▼
2024 · 1.82
Debt / equity
4.87▲
2024 · 1.00
ROE
-796.5%▼
2024 · 11.6%
ROA
-135.7%▼
2024 · 5.8%
Interest coverage
0.95▼
2024 · 19.27
Debt
€33k▼
2024 · €62k
Debt ≤ 1 year
€32k▼
2024 · €62k
Income taxes
€1k▼
2024 · €3k
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€123k€40k▼
Fixed assets21/28€11k€7k▼
Tangible fixed assets22/27€10k€7k▼
Plant, machinery and equipment23-€2k
Furniture and vehicles24€10k€5k▼
Financial fixed assets28€348€348=
Current assets29/58€112k€33k▼
Stocks and contracts in progress3-€18k
Stocks30/36-€18k
Amounts receivable within one year40/41€101k€5k▼
Trade receivables40€101k€3k▼
Other amounts receivable41€357€2k▲
Cash at bank and in hand54/58€11k€7k▼
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€123k€40k▼
Equity10/15€61k€7k▼
Contributions10/11€20k€19k▼
Outside capital11€20k-
Other1109/19€20k-
Reserves13€40k€42k▲
Distributable reserves133€40k€42k▲
Profit (loss) carried forward14€881€-54k▼
Amounts payable17/49€62k€33k▼
Amounts payable within one year42/48€62k€32k▼
Financial debts43€13-
Credit institutions430/8€13-
Trade debts44€30k€6k▼
Suppliers440/4€30k€6k▼
Taxes, remuneration and social security45€21k€11k▼
Taxes450/3€21k€9k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€11k€16k▲
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€3k▼
Other operating charges640/8€1k€5k▲
Gross operating margin9900€18k€7k▼
Operating profit (loss)9901€11k€-1k▼
Financial income75/76B€43€35▼
Recurring financial income75€43€35▼
Financial charges65/66B€861€52k▲
Recurring financial charges65€861€2k▲
Non-recurring financial charges66B-€50k
Profit (loss) for the period before taxes9903€10k€-53k▼
Income taxes67/77€3k€1k▼
Profit (loss) for the period9904€7k€-54k▼
Profit (loss) for the period to be appropriated9905€7k€-54k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€-54k▼
Profit (loss) brought forward from the previous period14P€769€881▲
Transfer to equity691/2€7k-
To other reserves6921€7k-
The notes to these accounts (10 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-54k ▼866%
Net result drops to €-54k, the lowest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 7 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Incourt · 1 establishment unit since 2014
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 Louvain 151315 IncourtGround area
421 m²
Building footprint
106 m²
Parcel 25086A0616/00K000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Wave-Tech - Olivier Dooms Photographe
since 20142.225.835.541
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25086A0616/00K000 | Wallonia | 421 m² | 1 · 106 m² | - |
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.
Similar companies · same sector, comparable size
M-Tech Outsourcing
BE 1000.319.131
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DVB RENOVATIE
BE 0778.349.180
Brugge · Eq €7k
VCT Consulting
BE 1014.878.237
Frasnes-lez-Anvaing · Eq €7k
ECO REINDER
BE 0759.589.281
Incourt · Eq €7k
NEAT HOUSE
BE 0557.996.161
Braine-l'Alleud · Eq €7k
Of 22,729 companies in sector 43211 we hold annual accounts for 10,274. 4,450 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-12-2013
Fiscal year end31-12
Trade name FR
OneDesign-Creation
Activities, NACEBEL
43211General electrical installation work
43212Electrical installation work in industrial facilities
43221Plumbing work
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.