Figaro Waterloo
ActiveSummary
Figaro Waterloo has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €57k and a net result of €53k. Equity is growing by ~46.4% per year across the filed fiscal years. Its solvency ranks better than 20% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability90▲+15
Solvency43▲+17
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.37 in 2023; short-term debt: 82.1% and cash: 62.4% of total assets), and 82.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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
Specialised construction activities (NACE 43)
about 85% more 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
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 2024Solvency, return and age of the figures
Solvency
17.9%
Return on assets
16.7%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 36375 sector peers (2024).
NBB · sector comparisonPosition among 36375 sector peers
Solvency
better than 20%
← weakest
strongest →
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 11-06-2025, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
50 d early
2023
48 d early
2022
48 d early
2021
29 d early
2020
21 d early
2019
30 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€53k▲ 180%
2023 · €19k
2018: €-2k
2019: €-33k▼ -1510% vs 2018lowest in 7 years
2020: €-3k▲ +91.5% vs 2019
2021: €22k▲ +879% vs 2020
2022: €26k▲ +17.8% vs 2021
2023: €19k▼ -26.5% vs 2022
2024: €53k▲ +180% vs 2023highest in 7 years
2018 → 2024
Working capital
€15k▼ 83.2%
2023 · €91k
2018: €-31k
2019: €-62k▼ -99.3% vs 2018
2020: €-63k▼ -2.6% vs 2019lowest in 7 years
2021: €-44k▲ +30.8% vs 2020
2022: €-22k▲ +50.4% vs 2021
2023: €91k▲ +519% vs 2022highest in 7 years
2024: €15k▼ -83.2% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-63k-€-41k▲ 34.9%€-15k▲ 63.1%€4k€57k▲ 1,371%
2020: €-63klowest in 5 years
2021: €-41k▲ +34.9% vs 2020
2022: €-15k▲ +63.1% vs 2021
2023: €4k▲ +126% vs 2022
2024: €57k▲ +1371% vs 2023highest in 5 years
Operating result€-3k-€22k€26k▲ 18.4%€23k▼ 10.8%€75k▲ 220%
2020: €-3klowest in 5 years
2021: €22k▲ +951% vs 2020
2022: €26k▲ +18.4% vs 2021
2023: €23k▼ -10.8% vs 2022
2024: €75k▲ +220% vs 2023highest in 5 years
Net result€-3k-€22k€26k▲ 17.8%€19k▼ 26.5%€53k▲ 180%
2020: €-3klowest in 5 years
2021: €22k▲ +879% vs 2020
2022: €26k▲ +17.8% vs 2021
2023: €19k▼ -26.5% vs 2022
2024: €53k▲ +180% vs 2023highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 220% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €320k
Fixed assets
€42k ▲ 116%
Current assets
€278k ▼ 18.1%
Equity and liabilities €320k
Equity
€57k ▲ 1,371%
Debt
€262k ▼ 26.0%
Debt's share of the balance-sheet total falls from 98.9% to 82.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€83k▲
2023 · €28k
Cash flow
€61k▲
2023 · €23k
Current ratio
1.06▼
2023 · 1.37
Debt to equity
4.57▼
2023 · 90.93
ROE
93.2%▼
2023 · 488.6%
ROA
16.7%▲
2023 · 5.3%
Interest coverage
124.34▲
2023 · 16.35
Debt ≤ 1 year
€262k▲
2023 · €249k
Income taxes
€20k▲
2023 · €3k
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 · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€359k€320k▼
Fixed assets21/28€20k€42k▲
Tangible fixed assets22/27€20k€42k▲
Plant, machinery and equipment23€14k€16k▲
Furniture and vehicles24€5k€26k▲
Current assets29/58€339k€278k▼
Stocks and contracts in progress3€25k-
Stocks30/36€25k-
Amounts receivable within one year40/41€8k€76k▲
Trade receivables40€8k€63k▲
Other amounts receivable41-€13k
Cash at bank and in hand54/58€306k€200k▼
Deferred charges and accrued income490/1€88€2k▲
Equity and liabilities
Total equity and liabilities10/49€359k€320k▼
Equity10/15€4k€57k▲
Contributions10/11€6k€6k=
Reserves13€163€163▲
Non-distributable reserves130/1€163€163▲
Reserves not available under the articles1311€163-
Other1319-€163
Profit (loss) carried forward14€-2k€51k▲
Amounts payable17/49€355k€262k▼
Amounts payable within one year42/48€249k€262k▲
Financial debts43-€100k
Credit institutions430/8-€100k
Trade debts44€18k€128k▲
Suppliers440/4€18k€128k▲
Advances received on contracts in progress46€90k-
Taxes, remuneration and social security45€20k€21k▲
Taxes450/3€20k€21k▲
Other amounts payable47/48€121k€14k▼
Accrued charges and deferred income492/3€106k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€8k▲
Other operating charges640/8€659€962▲
Gross operating margin9900€28k€84k▲
Operating profit (loss)9901€23k€75k▲
Financial income75/76B€31€3▼
Recurring financial income75€31€3▼
Financial charges65/66B€2k€664▼
Recurring financial charges65€2k€664▼
Non-recurring financial charges66B-€0
Profit (loss) for the period before taxes9903€22k€74k▲
Income taxes67/77€3k€20k▲
Profit (loss) for the period9904€19k€53k▲
Profit (loss) for the period to be appropriated9905€19k€53k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€51k▲
Profit (loss) brought forward from the previous period14P€-22k€-2k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €242 | €2k | €4k | €8k | ▲ 82.2% |
| Other operating charges640/8 | - | €348 | €528 | €659 | €962 | ▲ 45.9% |
| Gross operating margin9900 | €754 | €23k | €29k | €28k | €84k | ▲ 195% |
| Operating profit (loss)9901 | €-3k | €22k | €26k | €23k | €75k | ▲ 220% |
| Financial income75/76B | - | €24 | - | €31 | €3 | ▼ 89.1% |
| Recurring financial income75 | - | €24 | - | €31 | €3 | ▼ 89.1% |
| Financial charges65/66B | - | €115 | €234 | €2k | €664 | ▼ 60.8% |
| Recurring financial charges65 | €228 | €115 | €234 | €2k | €664 | ▼ 60.8% |
| Non-recurring financial charges66B | - | - | - | - | €0 | - |
| Profit (loss) for the period before taxes9903 | €-3k | €22k | €26k | €22k | €74k | ▲ 241% |
| Income taxes67/77 | - | - | - | €3k | €20k | ▲ 684% |
| Profit (loss) for the period9904 | €-3k | €22k | €26k | €19k | €53k | ▲ 180% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €22k | €26k | €19k | €53k | ▲ 180% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €67 | €108k | €255k | €359k | €320k | ▼ 10.8% |
| Fixed assets21/28 | - | €3k | €7k | €20k | €42k | ▲ 116% |
| Intangible fixed assets21 | - | €0 | - | - | - | - |
| Tangible fixed assets22/27 | - | €3k | €7k | €20k | €42k | ▲ 116% |
| Plant, machinery and equipment23 | - | €652 | €2k | €14k | €16k | ▲ 11.9% |
| Furniture and vehicles24 | - | €2k | €5k | €5k | €26k | ▲ 397% |
| Financial fixed assets28 | €0 | - | - | - | - | - |
| Current assets29/58 | €67 | €106k | €249k | €339k | €278k | ▼ 18.1% |
| Stocks and contracts in progress3 | - | €32k | €64k | €25k | - | - |
| Stocks30/36 | - | €32k | €64k | €25k | - | - |
| Amounts receivable within one year40/41 | €8 | €7k | €62k | €8k | €76k | ▲ 848% |
| Trade receivables40 | - | €415 | €25k | €8k | €63k | ▲ 681% |
| Other amounts receivable41 | - | €6k | €38k | - | €13k | - |
| Cash at bank and in hand54/58 | €59 | €68k | €122k | €306k | €200k | ▼ 34.8% |
| Deferred charges and accrued income490/1 | - | €82 | €86 | €88 | €2k | ▲ 1,910% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €67 | €108k | €255k | €359k | €320k | ▼ 10.8% |
| Equity10/15 | €-63k | €-41k | €-15k | €4k | €57k | ▲ 1,371% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €163 | €163 | €163 | €163 | €163 | ▲ 0.2% |
| Non-distributable reserves130/1 | - | €163 | €163 | €163 | €163 | ▲ 0.2% |
| Reserves not available under the articles1311 | - | €163 | €163 | €163 | - | - |
| Other1319 | - | - | - | - | €163 | - |
| Profit (loss) carried forward14 | €-69k | €-47k | €-22k | €-2k | €51k | ▲ 2,173% |
| Amounts payable17/49 | €63k | €150k | €271k | €355k | €262k | ▼ 26.0% |
| Amounts payable within one year42/48 | €63k | €150k | €271k | €249k | €262k | ▲ 5.6% |
| Current portion of amounts payable after more than one year42 | - | €9k | - | - | - | - |
| Financial debts43 | - | - | - | - | €100k | - |
| Credit institutions430/8 | - | - | - | - | €100k | - |
| Trade debts44 | €277 | €1k | €836 | €18k | €128k | ▲ 608% |
| Suppliers440/4 | - | €1k | €836 | €18k | €128k | ▲ 608% |
| Advances received on contracts in progress46 | - | - | €130k | €90k | - | - |
| Taxes, remuneration and social security45 | - | - | €13k | €20k | €21k | ▲ 2.4% |
| Taxes450/3 | - | - | €13k | €20k | €21k | ▲ 2.4% |
| Other amounts payable47/48 | - | €139k | €126k | €121k | €14k | ▼ 88.6% |
| Accrued charges and deferred income492/3 | - | - | - | €106k | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €22k | €26k | €19k | €53k | ▲ 180% |
| + Depreciation and write-downs630 | €1k | €242 | €2k | €4k | €8k | ▲ 82.2% |
| Operating cash flow (approximation) | €-2k | €22k | €28k | €23k | €61k | ▲ 162% |
| Investment in fixed assets (approximation) | - | - | €-6k | €-17k | €-31k | ▼ 76.0% |
| Change in cash | - | €68k | €55k | €184k | €-106k | ▼ 158% |
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
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €53k ▲180%
Operating result €75k, net result €53k, both a record.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €22k
Net result €22k after 3 loss-making years.
10-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-33k
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
02-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Waterloo · 1 establishment unit since 2021
Ground area
2,364 m²
Building footprint
278 m²
Volume, LiDAR
1,773 m³
2 parcels, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FW Sport Facilities
since 20212.313.930.347
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25003D0150/00H000 | Wallonia | 1,565 m² | 1 · 170 m² | 7.7 m · 2 fl. |
| 25764O0151/00G000 | Wallonia | 799 m² | 1 · 108 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
Crobel
BE 0801.774.581
Niel · Eq €57,413
VAN de VELDE PLC
BE 0895.714.232
Nijlen · Eq €57,418
DECOBOX
BE 0840.298.429
Antoing · Eq €57,442
MULTI-BANIOS
BE 0640.857.620
Schaarbeek · Eq €57,444
T.O.P.
BE 0882.669.613
Tournai · Eq €57,470
Of 15,529 companies in sector 43990 we hold annual accounts for 7,420. 6,165 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
Founded17-06-2004
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
42990Civil engineering
Scores and ratios are computed by Checked and are not a credit decision.