VAWYCO
ActiveVAWYCO has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €216k and a net result of €89k. Equity is growing by ~63.7% per year across the filed fiscal years. Its solvency ranks better than 84% of 9389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 6.84 against 3.52 in 2024), and 14.9% 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
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
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
85.1%
Return on assets
35.1%
Age of the figures
9 mo
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 28-07-2026, 3 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
3 d early
2024
31 d early
2023
71 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€216k▲ 70.1%
2024 · €127k
2023: €54k
2024: €127k
2023 → 2025
Total assets
€253k▲ 37.0%
2024 · €185k
2023: €112k
2024: €185k
2023 → 2025
Net result
€89k▲ 21.0%
2024 · €73k
2023: €53k
2024: €73k
2023 → 2025
Working capital
€213k▲ 79.3%
2024 · €119k
2023: €47k
2024: €119k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€54k-€127k▲ 134%€216k▲ 70.1%
Operating result€69k-€93k▲ 36.0%€110k▲ 17.3%
Net result€53k-€73k▲ 38.7%€89k▲ 21.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 17% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €253k
Fixed assets
€3k▼ 81.3%
Current assets
€250k▲ 50.3%
Equity and liabilities €253k
Equity
€216k▲ 70.1%
Debt
€38k▼ 35.2%
The debt ratio falls from 31.4% to 14.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€125k▲
2024 · €108k
Cash flow
€104k▲
2024 · €88k
Solvency
85.1%▲
2024 · 68.6%
Current ratio
6.84▲
2024 · 3.52
Quick ratio
6.84▲
2024 · 3.52
Debt / equity
0.17▼
2024 · 0.46
ROE
41.2%▼
2024 · 57.9%
ROA
35.1%▼
2024 · 39.7%
Interest coverage
154.51▲
2024 · 86.87
Debt
€38k▼
2024 · €58k
Debt ≤ 1 year
€37k▼
2024 · €47k
Debt > 1 year
€850▼
2024 · €11k
Income taxes
€25k▲
2024 · €20k
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€185k€253k▲
Fixed assets21/28€19k€3k▼
Tangible fixed assets22/27€19k€3k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€14k€479▼
Current assets29/58€166k€250k▲
Amounts receivable within one year40/41€36k€27k▼
Trade receivables40€36k€22k▼
Other amounts receivable41€7€4k▲
Current investments50/53€100k-
Cash at bank and in hand54/58€31k€223k▲
Equity and liabilities
Total equity and liabilities10/49€185k€253k▲
Equity10/15€127k€216k▲
Contributions10/11€2k€2k=
Reserves13€125k€214k▲
Distributable reserves133€125k€214k▲
Amounts payable17/49€58k€38k▼
Amounts payable after more than one year17€11k€850▼
Financial debts170/4€11k€850▼
Amounts payable within one year42/48€47k€37k▼
Current portion of amounts payable after more than one year42€10k€10k▲
Trade debts44€277€440▲
Suppliers440/4€277€440▲
Taxes, remuneration and social security45€35k€26k▼
Taxes450/3€35k€26k▼
Other amounts payable47/48€3k-
Accrued charges and deferred income492/3-€284
Income statement
Code20242025
Remuneration, social security and pensions62€40-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€15k▲
Other operating charges640/8€141€144▲
Gross operating margin9900€108k€125k▲
Operating profit (loss)9901€93k€110k▲
Financial income75/76B€1k€5k▲
Recurring financial income75€1k€5k▲
Financial charges65/66B€1k€807▼
Recurring financial charges65€1k€807▼
Profit (loss) for the period before taxes9903€93k€114k▲
Income taxes67/77€20k€25k▲
Profit (loss) for the period9904€73k€89k▲
Profit (loss) for the period to be appropriated9905€73k€89k▲
Appropriation of the result
Profit (loss) to be appropriated9906€73k€89k▲
Transfer to equity691/2€73k€89k▲
To other reserves6921€73k€89k▲
Profit to be distributed694/7€800-
Return on contributions (dividend)694€800-
The notes to these accounts (5 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €89k ▲21%
Operating result €110k, net result €89k, both a record.
31-12
Financial
Equity above €200kEq €216k ▲70.1%
3 profitable years in a row build equity to €216k.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €127k ▲134%
2 profitable years in a row build equity to €127k.
21-05
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, Gent · 1 establishment unit since 2023
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.
Zuidkaai 369000 GentGround area
104 m²
Building footprint
89 m²
Volume, LiDAR
728 m³
Parcel 44806F0005/00G000, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VAWYCO
since 20232.339.560.222
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44806F0005/00G000 | Flanders | 104 m² | 1 · 89 m² | 12.0 m · 3 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
POHLMANN ENGINEERING
BE 0726.815.951
Herentals · Eq €216k
BLACKBIRDS
BE 0870.840.561
Antwerpen · Eq €216k
AS BUILT
BE 0415.420.316
Asse · Eq €216k
FACCON
BE 0448.010.732
Edegem · Eq €216k
K-Tech
BE 0890.177.809
Antwerpen · Eq €215k
Of 11,510 companies in sector 71121 we hold annual accounts for 6,526. 5,032 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-12-2022
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.