HYWAVETEC
ActiveHYWAVETEC has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47k and a net result of €344. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 62% of 1303 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability57▼-34
Solvency59▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 5.92 against 6.02 in 2024; short-term debt: 8.4% and cash: 34.3% of total assets), but 65.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
34.1%
Return on assets
0.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €47k
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 08-04-2026, 114 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
114 d early
2024
70 d early
2023
43 d early
2022
19 d early
2021
3 d early
2020
8 d early
2019
32 d early
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€47k▲ 2.0%
2024 · €46k
2018: €31k
2019: €15k
2020: €6k
2021: €7k
2022: €15k
2023: €20k
2024: €46k
2018 → 2025
Total assets
€138k▼ 4.6%
2024 · €145k
2018: €39k
2019: €148k
2020: €133k
2021: €151k
2022: €150k
2023: €138k
2024: €145k
2018 → 2025
Net result
€344▼ 98.7%
2024 · €26k
2018: €-3k
2019: €-15k
2020: €-10k
2021: €882
2022: €8k
2023: €6k
2024: €26k
2018 → 2025
Working capital
€57k▲ 3.8%
2024 · €55k
2018: €32k
2019: €15k
2020: €-185
2021: €5k
2022: €19k
2023: €27k
2024: €55k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7k-€15k▲ 126%€20k▲ 38.1%€46k▲ 125%€47k▲ 2.0%
Operating result€5k-€12k▲ 158%€9k▼ 22.7%€39k▲ 314%€5k▼ 88.3%
Net result€882-€8k▲ 836%€6k▼ 31.7%€26k▲ 355%€344▼ 98.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 88% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €138k
Fixed assets
€70k▼ 12.0%
Current assets
€68k▲ 4.2%
Equity and liabilities €138k
Equity
€47k▲ 2.0%
Debt
€91k▼ 7.7%
The debt ratio falls from 68.1% to 65.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14k▼
2024 · €49k
Cash flow
€10k▼
2024 · €35k
Solvency
34.1%▲
2024 · 31.9%
Current ratio
5.92▼
2024 · 6.02
Quick ratio
5.92▼
2024 · 6.02
Debt / equity
1.94▼
2024 · 2.14
ROE
0.7%▼
2024 · 55.7%
ROA
0.2%▼
2024 · 17.7%
Interest coverage
4.56▼
2024 · 14.73
Debt
€91k▼
2024 · €99k
Debt ≤ 1 year
€12k▲
2024 · €11k
Debt > 1 year
€79k▼
2024 · €88k
Income taxes
€1k▼
2024 · €10k
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€145k€138k▼
Fixed assets21/28€79k€70k▼
Tangible fixed assets22/27€79k€70k▼
Land and buildings22€78k€69k▼
Furniture and vehicles24€1k€840▼
Current assets29/58€66k€68k▲
Amounts receivable within one year40/41€12k€21k▲
Trade receivables40€10k€17k▲
Other amounts receivable41€2k€4k▲
Cash at bank and in hand54/58€54k€47k▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€145k€138k▼
Equity10/15€46k€47k▲
Contributions10/11€12k€12k=
Reserves13€34k€35k▲
Distributable reserves133€34k€35k▲
Amounts payable17/49€99k€91k▼
Amounts payable after more than one year17€88k€79k▼
Financial debts170/4€88k€79k▼
Amounts payable within one year42/48€11k€12k▲
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€2k€364▼
Suppliers440/4€2k€364▼
Taxes, remuneration and social security45€126€0▼
Taxes450/3€126€0▼
Other amounts payable47/48€678€3k▲
Income statement
Code20242025
Non-recurring operating income76A€8k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€9k▼
Other operating charges640/8€991€853▼
Gross operating margin9900€50k€15k▼
Operating profit (loss)9901€39k€5k▼
Financial income75/76B€1€3▲
Recurring financial income75€1€3▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€36k€1k▼
Income taxes67/77€10k€1k▼
Profit (loss) for the period9904€26k€344▼
Profit (loss) for the period to be appropriated9905€26k€344▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€344▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€26k€344▼
To other reserves6921€26k€344▼
The notes to these accounts (9 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
08-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €26k ▲355%
Operating result €39k, net result €26k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 6.02
Current ratio from 2.24 to 6.02; short-term debt falls from €22k to €11k.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €882
Net result €882 after 3 loss-making years.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Tielt-Winge · 1 establishment unit since 2006
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.
Oude Diestsebaan 73390 Tielt-WingeGround area
2,296 m²
Building footprint
170 m²
Volume, LiDAR
709 m³
Parcel 24101B0248/02Z000, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
-
since 20062.153.196.595
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24101B0248/02Z000 | Flanders | 2,296 m² | 1 · 170 m² | 7.5 m · 1 fl. |
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
Deveen Invest
BE 0836.967.468
Brugge · Eq €47k
MAISONS DE VACANCES
BE 0461.683.772
Malmedy · Eq €47k
Ad'OR
BE 0891.818.790
Wavre · Eq €47k
CHAUFOUR DEVELOPPEMENT
BE 0454.730.852
Sint-Pieters-Woluwe · Eq €47k
Insolita
BE 0739.861.065
Geel · Eq €47k
Of 3,000 companies in sector 55203 we hold annual accounts for 690. 497 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-04-2006
Fiscal year end31-12
Activities, NACEBEL
45310
55203Holiday cottages, homes and apartments
43211General electrical installation work
61100Wired, wireless and satellite telecommunications
61200Telecommunications
64200Holdings
86906Human health activities
86940Nursing and midwifery
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:016/633825