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BACK2WAVRE

Active
Private limited companyfounded 20233 yrs activeChaussée de Louvain 198, 1300 Wavre, BelgiumKBO/BCE: BE 0801.036.985
Summary

The computed 12-month bankruptcy probability of BACK2WAVRE is 6.4% (elevated). The 2024 annual accounts show equity of €4,793 and a net result of -€10,207. Its solvency ranks better than 28% of 1763 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability30
Solvency26
Growth-
Track record79
Bankruptcy probability, 12 months
6.4% Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.86; short-term debt: 68.8% and cash: 42.7% of total assets), and 98.6% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
1.4%
Return on assets
-3%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 20-06-2025, 41 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
41 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 41 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 21 April 2023, BACK2WAVRE was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€10,207
Working capital
-€33,021
Balance-sheet composition
Assets €335,952
Fixed assets €137,783
Current assets €198,170
Equity and liabilities €335,952
Equity €4,793
Debt €331,160
Debt finances 98.6% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€44,923
Cash flow
€17,398
Current ratio
0.86
Quick ratio
0.77
Debt to equity
69.10
ROE
-213.0%
ROA
-3.0%
Interest coverage
1.84
Debt ≤ 1 year
€231,191
Debt > 1 year
€99,969
Income taxes
€4,809
Staff costs
€1.1m

Peer companies

Historical observation

Of the 865 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 97% are still going.

  • Small
  • 2 to 5 years old
  • solvency under 10%
  • a small loss
1.3% went bankrupt
1.6% stopped otherwise
97% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 6.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 865 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 49 lines
Balance sheet Code2024
Assets
Total assets20/58€335,952
Fixed assets21/28€137,783
Intangible fixed assets21€101,433
Tangible fixed assets22/27€35,989
Plant, machinery and equipment23€3,497
Furniture and vehicles24€7,558
Other tangible fixed assets26€24,934
Financial fixed assets28€360
Current assets29/58€198,170
Stocks and contracts in progress3€20,689
Stocks30/36€20,689
Amounts receivable within one year40/41€29,325
Trade receivables40€1,344
Other amounts receivable41€27,981
Cash at bank and in hand54/58€143,338
Deferred charges and accrued income490/1€4,818
Equity and liabilities
Total equity and liabilities10/49€335,952
Equity10/15€4,793
Contributions10/11€15,000
Outside capital11€15,000
Other1109/19€15,000
Profit (loss) carried forward14-€10,207
Amounts payable17/49€331,160
Amounts payable after more than one year17€99,969
Financial debts170/4€99,969
Amounts payable within one year42/48€231,191
Current portion of amounts payable after more than one year42€29,192
Financial debts43€6,837
Credit institutions430/8€6,837
Trade debts44€111,531
Suppliers440/4€111,531
Taxes, remuneration and social security45€83,632
Taxes450/3€10,629
Remuneration and social security454/9€73,002
Income statement Code2024
Remuneration, social security and pensions62€1.1m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27,605
Other operating charges640/8€3,096
Gross operating margin9900€1.1m
Operating profit (loss)9901€17,318
Financial income75/76B€1,728
Recurring financial income75€1,728
Financial charges65/66B€24,444
Recurring financial charges65€24,444
Profit (loss) for the period before taxes9903-€5,398
Income taxes67/77€4,809
Profit (loss) for the period9904-€10,207
Profit (loss) for the period to be appropriated9905-€10,207
Appropriation of the result
Profit (loss) to be appropriated9906-€10,207
Social balance
Average headcount (FTE)908714.4

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€1.1m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27,605
Other operating charges640/8€3,096
Gross operating margin9900€1.1m
Operating profit (loss)9901€17,318
Financial income75/76B€1,728
Recurring financial income75€1,728
Financial charges65/66B€24,444
Recurring financial charges65€24,444
Profit (loss) for the period before taxes9903-€5,398
Income taxes67/77€4,809
Profit (loss) for the period9904-€10,207
Profit (loss) for the period to be appropriated9905-€10,207
Line2024
Assets
Total assets20/58€335,952
Fixed assets21/28€137,783
Intangible fixed assets21€101,433
Tangible fixed assets22/27€35,989
Plant, machinery and equipment23€3,497
Furniture and vehicles24€7,558
Other tangible fixed assets26€24,934
Financial fixed assets28€360
Current assets29/58€198,170
Stocks and contracts in progress3€20,689
Stocks30/36€20,689
Amounts receivable within one year40/41€29,325
Trade receivables40€1,344
Other amounts receivable41€27,981
Cash at bank and in hand54/58€143,338
Deferred charges and accrued income490/1€4,818
Equity and liabilities
Total equity and liabilities10/49€335,952
Equity10/15€4,793
Contributions10/11€15,000
Outside capital11€15,000
Other1109/19€15,000
Profit (loss) carried forward14-€10,207
Amounts payable17/49€331,160
Amounts payable after more than one year17€99,969
Financial debts170/4€99,969
Amounts payable within one year42/48€231,191
Current portion of amounts payable after more than one year42€29,192
Financial debts43€6,837
Credit institutions430/8€6,837
Trade debts44€111,531
Suppliers440/4€111,531
Taxes, remuneration and social security45€83,632
Taxes450/3€10,629
Remuneration and social security454/9€73,002
Line2024
Profit (loss) for the period9904-€10,207
+ Depreciation and write-downs630€27,605
Operating cash flow (approximation)€17,398

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
20-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
NBB filing
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, Wavre · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
745 m²
Building footprint
118 m²
Parcel 25772G0347/00A000, Wallonia. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
BACK2WAVRE
Chaussée de Louvain 198, 1300 WavreFood and beverage service activities
since 20232.344.362.811
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25772G0347/00A000 Wallonia 745 m² 1 · 118 m² -
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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Wavre2.344.362.811
1 permission
Toelating · Traiteur · since 08-05-2023

Similar companies · same sector, comparable size

Of 21,859 companies in sector 56112 we hold annual accounts for 9,779. 5,109 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
Founded21-04-2023
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56210Event catering
E-invoicing
Reachable via Peppol
Peppol ID 0208:0801036985
Also 9925:BE0801036985
Registered 24-11-2023

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.