VAWAVE
ActiveVAWAVE has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51k and a net result of €41k. Its solvency ranks better than 15% of 7709 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▲+10
Solvency28▲+2
Growth78
Track record82
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.26 against 0.24 in 2024; short-term debt: 8% and cash: 0% of total assets), and 96.6% 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
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
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
3.4%
Return on assets
2.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 7709 sector peers (2025).
NBB · sector comparisonPosition among 7709 sector peers
Solvency
better than 15%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
on the day
2024
15 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€51k▲ 394%
2024 · €10k
2024: €10k
2024 → 2025
Total assets
€1.52M▼ 0.2%
2024 · €1.53M
2024: €1.53M
2024 → 2025
Net result
€41k▲ 419%
2024 · €8k
2024: €8k
2024 → 2025
Working capital
€-90k▼ 24.7%
2024 · €-72k
2024: €-72k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€10k-€51k▲ 394%
Operating result€24k-€87k▲ 269%
Net result€8k-€41k▲ 419%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 269% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.52M
Fixed assets
€1.49M▼ 0.9%
Current assets
€32k▲ 44.7%
Equity and liabilities €1.52M
Equity
€51k▲ 394%
Debt
€1.47M▼ 2.9%
The debt ratio falls from 99.3% to 96.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€148k▲
2024 · €50k
Cash flow
€101k▲
2024 · €34k
Solvency
3.4%▲
2024 · 0.7%
Current ratio
0.26▲
2024 · 0.24
Quick ratio
0.26▲
2024 · 0.24
Debt / equity
28.69
ROE
79.8%▲
2024 · 75.9%
ROA
2.7%▲
2024 · 0.5%
Interest coverage
4.11▲
2024 · 3.24
Debt
€1.47M▼
2024 · €1.52M
Debt ≤ 1 year
€122k▲
2024 · €94k
Debt > 1 year
€1.35M▼
2024 · €1.42M
Income taxes
€11k▲
2024 · €456
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€1.53M€1.52M▼
Fixed assets21/28€1.50M€1.49M▼
Tangible fixed assets22/27€1.50M€1.49M▼
Land and buildings22€1.35M€1.33M▼
Plant, machinery and equipment23€15k€56k▲
Furniture and vehicles24€34k€26k▼
Leasing and similar rights25€105k€82k▼
Current assets29/58€22k€32k▲
Amounts receivable within one year40/41€14k€26k▲
Trade receivables40€11k€26k▲
Other amounts receivable41€3k€0▼
Cash at bank and in hand54/58€5k€165▼
Deferred charges and accrued income490/1€4k€6k▲
Equity and liabilities
Total equity and liabilities10/49€1.53M€1.52M▼
Equity10/15€10k€51k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€8k€49k▲
Amounts payable17/49€1.52M€1.47M▼
Amounts payable after more than one year17€1.42M€1.35M▼
Financial debts170/4€862k€807k▼
Other amounts payable178/9€559k€542k▼
Amounts payable within one year42/48€94k€122k▲
Current portion of amounts payable after more than one year42€83k€92k▲
Trade debts44€8k€6k▼
Suppliers440/4€8k€6k▼
Taxes, remuneration and social security45€3k€24k▲
Taxes450/3€719€22k▲
Remuneration and social security454/9€3k€3k▲
Accrued charges and deferred income492/3€551€641▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€60k▲
Other operating charges640/8€5k€5k▼
Gross operating margin9900€55k€152k▲
Operating profit (loss)9901€24k€87k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€15k€36k▲
Recurring financial charges65€15k€36k▲
Profit (loss) for the period before taxes9903€8k€52k▲
Income taxes67/77€456€11k▲
Profit (loss) for the period9904€8k€41k▲
Profit (loss) for the period to be appropriated9905€8k€41k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€49k▲
Profit (loss) brought forward from the previous period14P-€8k
The notes to these accounts (6 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
Directors · office · real estate
Directors
2 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2024
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.
Molenstraat 859150 Beveren-Kruibeke-ZwijndrechtGround area
7,767 m²
Building footprint
261 m²
Volume, LiDAR
1,527 m³
Parcel 46013A1258/00D000, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VAWAVE
since 20242.359.910.030
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46013A1258/00D000 | Flanders | 7,767 m² | 1 · 261 m² | 10.2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBeveren-Kruibeke-Zwijndrecht2.359.910.030
Similar companies · same sector, comparable size
Nazka Mapps
BE 0500.452.197
Boortmeerbeek · Eq €51k
Méléo
BE 1025.509.932
Zuienkerke · Eq €51k
KAIROS CONSULTING
BE 1017.702.422
Sint-Katelijne-Waver · Eq €51k
COMPAGNIE DES SERVICES
BE 0445.615.327
Mouscron · Eq €51k
La Fabrique 24
BE 0691.639.593
Nassogne · Eq €51k
Of 24,501 companies in sector 82990 we hold annual accounts for 9,398. 6,912 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-05-2024
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
01420Raising of other cattle and buffaloes
43211General electrical installation work
68203Renting and operating of own or leased non-residential real estate, excluding land
77120Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.