ON THE WAVE
ActiveON THE WAVE has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €744k and a net result of €28k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 92% of 8657 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-27
Solvency100▲+15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 3.58 against 2.26 in 2024; short-term debt: 2.9% and cash: 6.8% of total assets), and 4.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
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
95.1%
Return on assets
3.6%
Age of the figures
9 mo
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 dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
26 d late
2022
60 d late
2021
31 d late
2020
30 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€744k▲ 2,968%
2024 · €24k
2018: €18k
2019: €-4k
2020: €7k
2021: €10k
2022: €6k
2023: €-3k
2024: €24k
2018 → 2025
Total assets
€782k▲ 1,831%
2024 · €41k
2018: €26k
2019: €21k
2020: €18k
2021: €21k
2022: €24k
2023: €15k
2024: €41k
2018 → 2025
Net result
€28k▲ 5.7%
2024 · €27k
2018: €-526
2019: €-22k
2020: €10k
2021: €3k
2022: €-4k
2023: €-9k
2024: €27k
2018 → 2025
Working capital
€59k▲ 190%
2024 · €20k
2018: €17k
2019: €-4k
2020: €7k
2021: €10k
2022: €6k
2023: €-6k
2024: €20k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10k-€6k▼ 36.7%€-3k€24k€744k▲ 2,968%
Operating result€1k-€-3k€-8k▼ 166%€27k€42k▲ 53.8%
Net result€3k-€-4k€-9k▼ 143%€27k€28k▲ 5.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 54% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €782k
Fixed assets
€700k▲ 18,572%
Current assets
€82k▲ 124%
Equity and liabilities €782k
Equity
€744k▲ 2,968%
Debt
€38k▲ 136%
The debt ratio falls from 40.1% to 4.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€43k▲
2024 · €28k
Cash flow
€30k▲
2024 · €27k
Solvency
95.1%▲
2024 · 59.9%
Current ratio
3.58▲
2024 · 2.26
Quick ratio
3.58▲
2024 · 2.26
Debt / equity
0.05▼
2024 · 0.67
ROE
3.8%▼
2024 · 110.5%
ROA
3.6%▼
2024 · 66.1%
Interest coverage
15.58▼
2024 · 90.58
Debt
€38k▲
2024 · €16k
Debt ≤ 1 year
€23k▲
2024 · €16k
Debt > 1 year
€3k
Income taxes
€11k
Staff costs
€12k▼
2024 · €15k
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€41k€782k▲
Fixed assets21/28€4k€700k▲
Tangible fixed assets22/27€748€5k▲
Furniture and vehicles24€748€5k▲
Financial fixed assets28€3k€694k▲
Current assets29/58€37k€82k▲
Amounts receivable within one year40/41€15k€20k▲
Trade receivables40€13k€18k▲
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€17k€53k▲
Deferred charges and accrued income490/1€4k€9k▲
Equity and liabilities
Total equity and liabilities10/49€41k€782k▲
Equity10/15€24k€744k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Revaluation surpluses12-€691k
Profit (loss) carried forward14€6k€34k▲
Amounts payable17/49€16k€38k▲
Amounts payable after more than one year17-€3k
Financial debts170/4-€3k
Amounts payable within one year42/48€16k€23k▲
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€697€692▼
Suppliers440/4€697€692▼
Taxes, remuneration and social security45€7k€21k▲
Taxes450/3€7k€21k▲
Other amounts payable47/48€9k-
Accrued charges and deferred income492/3-€13k
Income statement
Code20242025
Remuneration, social security and pensions62€15k€12k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€512€1k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€44k€57k▲
Operating profit (loss)9901€27k€42k▲
Financial income75/76B€6-
Recurring financial income75€6-
Non-recurring financial income76B€6-
Financial charges65/66B€308€3k▲
Recurring financial charges65€305€3k▲
Non-recurring financial charges66B€3-
Profit (loss) for the period before taxes9903€27k€39k▲
Income taxes67/77-€11k
Profit (loss) for the period9904€27k€28k▲
Profit (loss) for the period to be appropriated9905€27k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€34k▲
Profit (loss) brought forward from the previous period14P€-21k€6k▲
The notes to these accounts (8 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €28k ▲5.7%
Operating result €42k, net result €28k, both a record.
31-12
Financial
Equity above €500kEq €744k ▲2968%
2 profitable years in a row build equity to €744k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €27k
Net result €27k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 2.26
Current ratio from 0.65 to 2.26; short-term debt falls from €18k to €16k.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 32 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Zaventem · 1 establishment unit since 2018
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.
Ikaroslaan 11930 ZaventemGround area
9,040 m²
Building footprint
2,263 m²
Volume, LiDAR
26,269 m³
2 parcels, Brussels, Flanders · tallest building 19.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
ON THE WAVE
since 20182.279.559.287
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23772B0101/00B000 | Flanders | 5,421 m² | 1 · 499 m² | - |
| 21010A0073/00X002 | Brussels | 3,619 m² | 1 · 1,764 m² | 19.3 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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
THIKI
BE 0705.957.684
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Manibel
BE 0810.802.016
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FACINANTE
BE 0447.838.706
Heuvelland · Eq €744k
VORMGEVING EN AFWERKING
BE 0837.242.335
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MDF CONSULTING
BE 0698.827.788
Lanaken · Eq €744k
Of 82,569 companies in sector 70200 we hold annual accounts for 52,577. 30,981 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-06-2018
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
47279Other retail sale of food
47299Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:be.onthewave@gmail.com
Phone:0470945980