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WAAIE

Active
Private limited companyfounded 2010active for 16 yearsDe Vlaamse Staak 9, 1745 Opwijk, BelgiumKBO/BCE: BE 0825.849.288
Summary

WAAIE has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €524,092 and a net result of €79,516. Equity has been growing by about 20% per year since 2018. Its solvency ranks better than 41% of 660 sector peers (NACE 16, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 11-05-2010 Normal situation
Activity
Manufacture of other builders' carpentry and joinery NACE 16230and 6 others
Establishment unit
2.190.136.175 1745 Opwijk, since 11-05-2010
Financial year end
31 December
Peppol
Reachable since 31-08-2023

Board and ownership

Last known board

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€289,252
▲ 29.3%
Turnover
≈ €580,000
estimated
Profit
€79,516
▲ 175%
Equity
€524,092
▲ 17.9%
Total assets
€1.6m
▼ 6.5%
Employees on 31-12-2025
3
Filed on 31-07-2026, on time
Score breakdownraises riskSector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)lowers riskSize: total assets €1.6mFigures for financial year 2025 (filed on 31-07-2026)Founded in 2010Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 53% of micro companies in wood and cork (NACE 16)
Financial strength · tick: 2024
Strong
Solvency 57+7
equity 32.1% of total assets
Liquidity 51+4
short-term debt 12.6% · cash 2.2%
Profitability 75+4
return on assets 4.9%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,032 companies, NACE 16, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.5%▲ +0.1 percentage points vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025highest value 07-2025: 0.1%▼ -0.4 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.2%▲ +0.1 percentage points vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.09 (0.75 in 2024), below the usual 1.5. Short-term debt is 12.6% and cash 2.2% of total assets. 67.9% of the assets are financed with debt and provisions.
Calculation

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 16, micro). It does better than 40% of them on solvency, 48% on liquidity, 56% on profitability and 70% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 31-07-2026)
NBB · annual accounts
lowers risk · Founded in 2010
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
KBO
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 · 10 filings
Deviation from the deadline
2025
on the day
2024
31 days early
2023
36 days early
2022
30 days late
2021
137 days late
2020
60 days late
2019
89 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 36 days after the deadline. In the sector (NACE 16), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 5 accounts filed within 35 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €28,909 to €79,516 ▲ 175% View
  • Positive: More equity than 94% of companies in wood and corksector median €62,319 · 661 companies €524,092 View
  • Positive: 8 profitable years in a rowprofit 2025: €79,516 8 years View

Recent changes

  1. · Gazette deed Registered office moved within OpwijkResignation: BOCKSTAELE,Joen (director) · Reappointment: BOCKSTAELE,Joen (director)
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as WAAIE: manufacture of other builders' carpentry and joinery (NACE 16230). They are comparable in size and age: total assets between €1.3m and €1.6m, founded between 2005 and 2012.

CompanyTotal assetsGross margin
WAAIE Opwijk€1.6m€0.3m
ALUCO Londerzeel€1.3m€0.3m
DOMACOS Herentals€1.3m€0.4m
Freddy HOFFMANN Sankt Vith€1.3m€0.3m
WITTEVRONGEL RAAMDECOR Lievegem€1.6m€0.2m
EVENS PRODUCTS Oudsbergen€1.5m€0.2m
PREDA CONSTRUCT Anderlecht€1.3m€0.3m
Full comparison

Key facts about WAAIE

What is the company number of WAAIE?
The company number of WAAIE is 0825.849.288. The VAT number is the same number with BE in front: BE 0825.849.288.
Where is WAAIE based?
The registered office is at De Vlaamse Staak 9, 1745 Opwijk.Company details
What does WAAIE do?
According to the KBO register, the main activity is manufacture of other builders' carpentry and joinery (NACE 16230).
What is the legal form of WAAIE?
The legal form of WAAIE is Private limited company (BV).
When was WAAIE founded?
WAAIE was founded on 11-05-2010.
Is WAAIE still active?
Yes, WAAIE is an active enterprise in the KBO register.
How many employees does WAAIE have?
WAAIE had an average of 1.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of WAAIE?
The turnover in financial year 2025 is ≈ €580,000. This figure is estimated from the gross margin of €289,252 and 881 comparable companies of the same size. It probably lies between €400,000 and €840,000. It is a rough estimate.
Is WAAIE profitable?
In financial year 2025, WAAIE made a profit of €79,516.
Where can I find the annual accounts of WAAIE?
WAAIE filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WAAIE due?
WAAIE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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