Equity
Equity rose in 2025 from €24,247 to €743,885.
Equity rose in 2025 from €24,247 to €743,885.
Green is investment, beige is depreciation.
Short-term debts rose from €16,264 to €23,047.
The 2022 accounts came latest: 60 days after the end of the period.
Higher solvency than 91% of companies in head offices and management consultancy. Sector median 52.3% · 10,844 companies.
The dashed line is the sector median: 0.1% across 48,555 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 86% of them on solvency, 50% on liquidity, 37% on profitability and 99% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Liquidity is ample, with a current ratio of 3.58 (2.26 in 2024), above the usual 1.5. Short-term debt is 2.9% and cash 6.8% of total assets. 4.9% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 34 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| ON THE WAVE Zaventem | €0.8m | €56,827 | 95.1% | - |
| TOELAN Kortenberg | €0.8m | €62,339 | 30.1% | - |
| H.W. Kontich Keerbergen | €0.7m | €60,346 | 28.2% | - |
| LV Business Consulting Boortmeerbeek | €1.0m | €60,242 | 11.8% | - |
| Statevector Overijse | €0.9m | €65,500 | 37.0% | - |
| PM Investments Linter | €1.0m | €52,912 | 60.3% | - |
| THOMI Oupeye | €0.7m | €58,681 | 95.1% | - |
These companies have the same main activity as ON THE WAVE: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €698,000 and €1m, founded between 2017 and 2018.
ON THE WAVE files the abbreviated format. That format states no turnover. The gross margin rose from €2,473 in 2018 to €56,827 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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