I-WACC
ActiveSummary
I-WACC has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €371k and a net result of €89k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 61% of 12707 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▼-37
Solvency92▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 6.18 against 3.19 in 2024; short-term debt: 12.4% and cash: 2.5% of total assets), and 33.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
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
66.7%
Return on assets
16%
Age of the figures
9 mo
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 €371k
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
24 d early
2023
112 d late
2022
24 d early
2021
12 d early
2020
19 d early
2019
19 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€371k▲ 31.5%
2024 · €282k
2018: €108k
2019: €119k
2020: €46k
2021: €103k
2022: €110k
2023: €126k
2024: €282k
2018 → 2025
Total assets
€556k▲ 9.3%
2024 · €509k
2018: €151k
2019: €122k
2020: €147k
2021: €105k
2022: €184k
2023: €324k
2024: €509k
2018 → 2025
Net result
€89k▼ 43.1%
2024 · €156k
2018: €28k
2019: €11k
2020: €20k
2021: €58k
2022: €6k
2023: €16k
2024: €156k
2018 → 2025
Working capital
€356k▲ 42.0%
2024 · €251k
2018: €618
2019: €11k
2020: €-62k
2021: €94k
2022: €-40k
2023: €104k
2024: €251k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€103k-€110k▲ 5.9%€126k▲ 14.9%€282k▲ 124%€371k▲ 31.5%
Operating result€107k-€17k▼ 83.9%€29k▲ 67.0%€28k▼ 1.9%€8k▼ 71.9%
Net result€58k-€6k▼ 89.4%€16k▲ 167%€156k▲ 854%€89k▼ 43.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 72% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €556k
Fixed assets
€131k ▼ 8.8%
Current assets
€425k ▲ 16.3%
Equity and liabilities €556k
Equity
€371k ▲ 31.5%
Debt
€185k ▼ 18.4%
Debt's share of the balance-sheet total falls from 44.6% to 33.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€21k▼
2024 · €42k
Cash flow
€101k▼
2024 · €170k
Current ratio
6.18▲
2024 · 3.19
Debt to equity
0.50▼
2024 · 0.80
ROE
23.9%▼
2024 · 55.4%
ROA
16.0%▼
2024 · 30.7%
Interest coverage
2.90▼
2024 · 8.29
Debt ≤ 1 year
€69k▼
2024 · €115k
Debt > 1 year
€116k▲
2024 · €112k
Income taxes
€9k▼
2024 · €24k
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 · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€509k€556k▲
Fixed assets21/28€143k€131k▼
Intangible fixed assets21€93k€82k▼
Tangible fixed assets22/27€5k€3k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€3k€1k▼
Financial fixed assets28€46k€46k=
Current assets29/58€365k€425k▲
Amounts receivable within one year40/41€306k€362k▲
Trade receivables40€21k€30k▲
Other amounts receivable41€285k€332k▲
Current investments50/53€49k€49k▲
Cash at bank and in hand54/58€10k€14k▲
Equity and liabilities
Total equity and liabilities10/49€509k€556k▲
Equity10/15€282k€371k▲
Contributions10/11€19k€19k=
Reserves13€263k€352k▲
Non-distributable reserves130/1€2k€2k=
Other1319€2k€2k=
Distributable reserves133€262k€350k▲
Amounts payable17/49€227k€185k▼
Amounts payable after more than one year17€112k€116k▲
Financial debts170/4€112k€116k▲
Amounts payable within one year42/48€115k€69k▼
Current portion of amounts payable after more than one year42€61k€28k▼
Trade debts44€5k€6k▲
Suppliers440/4€5k€6k▲
Taxes, remuneration and social security45€48k€35k▼
Taxes450/3€48k€35k▼
Other amounts payable47/48€648€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▼
Other operating charges640/8€3k€1k▼
Gross operating margin9900€45k€22k▼
Operating profit (loss)9901€28k€8k▼
Financial income75/76B€157k€97k▼
Recurring financial income75€157k€97k▼
Financial charges65/66B€5k€7k▲
Recurring financial charges65€5k€7k▲
Profit (loss) for the period before taxes9903€180k€98k▼
Income taxes67/77€24k€9k▼
Profit (loss) for the period9904€156k€89k▼
Profit (loss) for the period to be appropriated9905€156k€89k▼
Appropriation of the result
Profit (loss) to be appropriated9906€156k€89k▼
Transfer to equity691/2€156k€89k▼
To other reserves6921€156k€89k▼
The notes to these accounts (13 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €156k ▲854%
Net result €156k, the highest in the series.
31-12
Financial
Equity above €200kEq €282k ▲124%
7 profitable years in a row build equity to €282k.
20-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 112 days late
2023
31-12
Financial
Liquidity quadruplescurrent ratio 1.96
Current ratio from 0.46 to 1.96.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €6k ▼89.4%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 126current ratio 48.96
Current ratio from 0.39 to 48.96; short-term debt falls from €102k to €2k.
31-12
Financial
Equity above €100kEq €103k ▲126%
4 profitable years in a row build equity to €103k.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2019
31-12
Financial
Liquidity times 5current ratio 5.46
Current ratio from 1.01 to 5.46; short-term debt falls from €42k to €3k.
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Arendonk · 1 establishment unit since 2016
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.
De Lusthoven 252370 ArendonkGround area
1,575 m²
Building footprint
261 m²
Volume, LiDAR
859 m³
Parcel 13322D0512/03G000, Flanders · tallest building 11.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
i-WACC
since 20162.250.480.172
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13322D0512/03G000 | Flanders | 1,575 m² | 1 · 261 m² | 11.5 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
FISCALITE - ORGANISATION - COMPTABILITE
BE 0416.341.222
Tournai · Eq €370,829
Amfico Tax & Legal
BE 0453.050.673
Zedelgem · Eq €370,971
BOEKHOUDKANTOOR VANDEVELDE
BE 0893.641.105
Pepingen · Eq €371,454
ASM TAX CONSULT
BE 0898.206.241
Mol · Eq €370,285
BACKBONE
BE 0461.966.260
Ieper · Eq €371,534
Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 5,848 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-02-2016
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.