WA LOGISTICS
ActiveThe computed 12-month bankruptcy probability of WA LOGISTICS is 4.2% (elevated). The 2025 annual accounts show equity of €27k and a net result of €6k. Equity is growing by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 84% of 4467 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
93
/ 100
Excellent▲ +10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+21
Growth78=
Stability100
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 4.32 against 1.66 in 2024), and 22.7% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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 · 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
77.3%
Return on assets
17.7%
Age of the figures
8 mo
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 · 7 filingsDeviation from the deadline
2025
31 d late
2024
20 d early
2023
141 d late
2022
130 d late
2021
74 d early
2020
89 d late
2019
118 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€27k▲ 29.6%
2024 · €21k
2019: €1k
2020: €-218
2021: €20k
2022: €40k
2023: €22k
2024: €21k
2019 → 2025
Total assets
€35k▼ 28.9%
2024 · €49k
2019: €2k
2020: €1k
2021: €27k
2022: €51k
2023: €32k
2024: €49k
2019 → 2025
Net result
€6k▼ 40.4%
2024 · €10k
2019: €-5k
2020: €-1k
2021: €20k
2022: €20k
2023: €14k
2024: €10k
2019 → 2025
Working capital
€26k▲ 41.5%
2024 · €18k
2019: €1k
2020: €-218
2021: €19k
2022: €32k
2023: €17k
2024: €18k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€40k▲ 103%€22k▼ 45.0%€21k▼ 5.9%€27k▲ 29.6%
Operating result€23k-€26k▲ 13.9%€20k▼ 22.9%€15k▼ 26.4%€10k▼ 35.3%
Net result€20k-€20k▲ 2.4%€14k▼ 28.5%€10k▼ 29.3%€6k▼ 40.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 35% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €35k
Fixed assets
€772▼ 65.8%
Current assets
€34k▼ 27.1%
Equity and liabilities €35k
Equity
€27k▲ 29.6%
Debt
€8k▼ 71.9%
The debt ratio falls from 57.6% to 22.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€11k▼
2024 · €18k
Cash flow
€8k▼
2024 · €14k
Solvency
77.3%▲
2024 · 42.4%
Current ratio
4.32▲
2024 · 1.66
Quick ratio
4.32▲
2024 · 1.66
Debt / equity
0.29▼
2024 · 1.36
ROE
22.8%▼
2024 · 49.7%
ROA
17.7%▼
2024 · 21.1%
Interest coverage
116.93▼
2024 · 207.33
Debt
€8k▼
2024 · €28k
Debt ≤ 1 year
€8k▼
2024 · €28k
Income taxes
€4k▼
2024 · €5k
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€49k€35k▼
Fixed assets21/28€2k€772▼
Tangible fixed assets22/27€2k€472▼
Furniture and vehicles24€2k€472▼
Financial fixed assets28€300€300=
Current assets29/58€46k€34k▼
Amounts receivable within one year40/41€20k€13k▼
Trade receivables40€8k€6k▼
Other amounts receivable41€12k€7k▼
Cash at bank and in hand54/58€26k€20k▼
Deferred charges and accrued income490/1€393€15▼
Equity and liabilities
Total equity and liabilities10/49€49k€35k▼
Equity10/15€21k€27k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€2k€8k▲
Amounts payable17/49€28k€8k▼
Amounts payable within one year42/48€28k€8k▼
Trade debts44€325€242▼
Suppliers440/4€325€242▼
Taxes, remuneration and social security45€18k€8k▼
Taxes450/3€18k€8k▼
Other amounts payable47/48€10k-
Accrued charges and deferred income492/3-€33
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€1k▼
Other operating charges640/8€995€934▼
Gross operating margin9900€19k€12k▼
Operating profit (loss)9901€15k€10k▼
Financial income75/76B-€185
Recurring financial income75-€185
Financial charges65/66B€89€96▲
Recurring financial charges65€89€96▲
Profit (loss) for the period before taxes9903€15k€10k▼
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€10k€6k▼
Profit (loss) for the period to be appropriated9905€10k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€8k▼
Profit (loss) brought forward from the previous period14P€3k€2k▼
Profit to be distributed694/7€12k-
Return on contributions (dividend)694€12k-
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Liquidity triplescurrent ratio 4.32
Current ratio from 1.66 to 4.32; short-term debt falls from €28k to €8k.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 141 days late
2023
08-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 130 days late
2022
31-12
Financial
Highest result since 2019net €20k ▲2.4%
Operating result €26k, net result €20k, both a record.
18-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €20k
Net result €20k after 2 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 3.43
Current ratio from 0.84 to 3.43.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 118 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Elsene
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.
Louizalaan 209A1050 ElseneGround area
480 m²
Building footprint
417 m²
Volume, LiDAR
9,711 m³
Parcel 21807G0120/00H005, Brussels · tallest building 29.8 m, ±8 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0120/00H005 | Brussels | 480 m² | 1 · 417 m² | 29.8 m · 8 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
JSF COMPANY
BE 1004.526.060
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EFE TRANSPORT
BE 0538.484.315
Anderlecht · Eq €27k
LINA EXPRESS
BE 0712.829.145
Evere · Eq €27k
SANOE
BE 1013.651.978
Schaarbeek · Eq €27k
TRANSPORT PONCELET ADRIEN
BE 1015.296.624
Drogenbos · Eq €27k
Of 12,446 companies in sector 49410 we hold annual accounts for 8,087. 5,265 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-01-2019
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
47811Retail sale of cars and light vans (up to 3.5 tonnes)
51210Air transport
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.