VaWaGro
ActiveSummary
The computed 12-month bankruptcy probability of VaWaGro is 2.6% (moderate). The 2025 annual accounts show equity of €31k and a net result of €1k. Equity is growing by ~37.1% per year across the filed fiscal years. Its solvency ranks better than 53% of 27786 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-28
Solvency75▲+13
Growth78=
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.46 against 1.22 in 2024; short-term debt: 50.4% and cash: 20% of total assets), and 50.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
49.6%
Return on assets
2.4%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 06-10-2025, 25 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
25 d early
2024
38 d early
2023
41 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€31k▲ 5.1%
2024 · €29k
2023: €9k
2024: €29k
2023 → 2025
Total assets
€62k▼ 21.9%
2024 · €79k
2023: €54k
2024: €79k
2023 → 2025
Net result
€1k▼ 92.7%
2024 · €20k
2023: €1k
2024: €20k
2023 → 2025
Working capital
€14k▲ 31.3%
2024 · €11k
2023: €-17k
2024: €11k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€9k-€29k▲ 224%€31k▲ 5.1%
Operating result€2k-€25k▲ 1,024%€2k▼ 93.7%
Net result€1k-€20k▲ 1,265%€1k▼ 92.7%
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 94% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €62k
Fixed assets
€16k ▼ 10.6%
Current assets
€45k ▼ 25.3%
Equity and liabilities €62k
Equity
€31k ▲ 5.1%
Debt
€31k ▼ 37.7%
Debt's share of the balance-sheet total falls from 63.2% to 50.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€11k▼
2024 · €36k
Cash flow
€11k▼
2024 · €30k
Current ratio
1.46▲
2024 · 1.22
Quick ratio
0.86▼
2024 · 1.22
Debt to equity
1.02▼
2024 · 1.72
ROE
4.8%▼
2024 · 69.2%
ROA
2.4%▼
2024 · 25.5%
Interest coverage
89.77▼
2024 · 286.03
Debt ≤ 1 year
€31k▼
2024 · €50k
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 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€79k€62k▼
Fixed assets21/28€18k€16k▼
Tangible fixed assets22/27€18k€16k▼
Plant, machinery and equipment23€11k€2k▼
Furniture and vehicles24€8k€14k▲
Current assets29/58€61k€45k▼
Stocks and contracts in progress3-€19k
Contracts in progress37-€19k
Amounts receivable within one year40/41€36k€14k▼
Trade receivables40€36k€14k▼
Cash at bank and in hand54/58€25k€12k▼
Equity and liabilities
Total equity and liabilities10/49€79k€62k▼
Equity10/15€29k€31k▲
Contributions10/11€8k€8k=
Reserves13€20k€20k=
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€1k€3k▲
Amounts payable17/49€50k€31k▼
Amounts payable within one year42/48€50k€31k▼
Trade debts44€9k€3k▼
Suppliers440/4€9k€3k▼
Taxes, remuneration and social security45€11k€3k▼
Taxes450/3€11k€3k▼
Other amounts payable47/48€30k€25k▼
Income statement
Code20242025
Non-recurring operating income76A€4k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€9k▼
Other operating charges640/8€1k€722▼
Gross operating margin9900€37k€12k▼
Operating profit (loss)9901€25k€2k▼
Financial charges65/66B€125€121▼
Recurring financial charges65€125€121▼
Profit (loss) for the period before taxes9903€25k€1k▼
Income taxes67/77€5k-
Profit (loss) for the period9904€20k€1k▼
Profit (loss) for the period to be appropriated9905€20k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€3k▼
Profit (loss) brought forward from the previous period14P€1k€1k=
Transfer to equity691/2€20k-
To other reserves6921€20k-
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
2025
06-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Highest result since 2023net €20k ▲1265%
Operating result €25k, net result €20k, both a record.
2023
20-09
NBB filing
Annual accounts filed
fiscal year 2023 · 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, Evergem · 1 establishment unit since 2022
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.
Biezenkouter 459940 EvergemGround area
860 m²
Building footprint
156 m²
Volume, LiDAR
928 m³
Parcel 43006F0349/00C000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VaWaGro
since 20222.329.769.061
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43006F0349/00C000 | Flanders | 860 m² | 1 · 156 m² | 9.0 m · 2 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
VANDECAN Frères
BE 0779.612.556
Waremme · Eq €30,594
FJ CONCEPT
BE 0888.916.908
Theux · Eq €30,600
MUES
BE 0465.655.725
Kortenaken · Eq €30,661
STEVEN BOUDT BOUW
BE 0779.747.762
Middelkerke · Eq €30,684
GS DECOR
BE 0694.874.049
Schaarbeek · Eq €30,732
Of 8,455 companies in sector 43120 we hold annual accounts for 3,233. 2,235 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
Founded04-04-2022
Fiscal year end31-03
Activities, NACEBEL 2025
43120Site preparation
77320Rental and leasing activities
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.