WAARBEKE GENERAL SERVICES
ActiveWAARBEKE GENERAL SERVICES has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €311k and a net result of €15k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 95% of 31540 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
93
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+2
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 27.44 against 24.35 in 2024; short-term debt: 2.8% and cash: 70.7% of total assets), and 2.9% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
97.1%
Return on assets
4.8%
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
84 d early
2023
34 d early
2022
11 d early
2021
12 d late
2020
39 d late
2019
105 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€311k▲ 5.2%
2024 · €296k
2018: €266k
2019: €295k
2020: €290k
2021: €282k
2022: €280k
2023: €285k
2024: €296k
2018 → 2025
Total assets
€320k▲ 5.0%
2024 · €305k
2018: €269k
2019: €297k
2020: €303k
2021: €291k
2022: €282k
2023: €294k
2024: €305k
2018 → 2025
Net result
€15k▲ 50.6%
2024 · €10k
2018: €17k
2019: €29k
2020: €-5k
2021: €-7k
2022: €-2k
2023: €5k
2024: €10k
2018 → 2025
Working capital
€239k▲ 11.9%
2024 · €213k
2018: €185k
2019: €221k
2020: €198k
2021: €201k
2022: €199k
2023: €196k
2024: €213k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€282k-€280k▼ 0.8%€285k▲ 1.9%€296k▲ 3.5%€311k▲ 5.2%
Operating result€-4k-€-2k▲ 46.6%€7k€14k▲ 92.0%€22k▲ 60.5%
Net result€-7k-€-2k▲ 71.3%€5k€10k▲ 87.8%€15k▲ 50.6%
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 four years in a row; 2025 is 60% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €320k
Fixed assets
€72k▼ 12.2%
Current assets
€248k▲ 11.4%
Equity and liabilities €320k
Equity
€311k▲ 5.2%
Debt
€9k▲ 0.2%
The debt ratio falls from 3.0% to 2.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€36k▲
2024 · €28k
Cash flow
€29k▲
2024 · €24k
Solvency
97.1%▲
2024 · 97.0%
Current ratio
27.44▲
2024 · 24.35
Quick ratio
27.44▲
2024 · 24.35
Debt / equity
0.03▼
2024 · 0.03
ROE
4.9%▲
2024 · 3.4%
ROA
4.8%▲
2024 · 3.3%
Interest coverage
269.71▲
2024 · 218.91
Debt
€9k▲
2024 · €9k
Debt ≤ 1 year
€9k▼
2024 · €9k
Income taxes
€9k▲
2024 · €6k
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€305k€320k▲
Fixed assets21/28€82k€72k▼
Tangible fixed assets22/27€82k€72k▼
Land and buildings22€69k€67k▼
Plant, machinery and equipment23€4k€5k▲
Furniture and vehicles24€9k€464▼
Current assets29/58€222k€248k▲
Amounts receivable within one year40/41€19k€19k▼
Trade receivables40€0-
Other amounts receivable41€19k€19k▼
Cash at bank and in hand54/58€201k€226k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€305k€320k▲
Equity10/15€296k€311k▲
Contributions10/11€31k€31k=
Reserves13€16k€31k▲
Distributable reserves133€16k€31k▲
Profit (loss) carried forward14€249k€249k=
Amounts payable17/49€9k€9k▲
Amounts payable within one year42/48€9k€9k▼
Trade debts44€780€2k▲
Suppliers440/4€780€2k▲
Taxes, remuneration and social security45€8k€7k▼
Taxes450/3€8k€7k▼
Accrued charges and deferred income492/3€0€121▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€30k€38k▲
Operating profit (loss)9901€14k€22k▲
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€129€132▲
Recurring financial charges65€129€132▲
Profit (loss) for the period before taxes9903€17k€24k▲
Income taxes67/77€6k€9k▲
Profit (loss) for the period9904€10k€15k▲
Profit (loss) for the period to be appropriated9905€10k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€259k€264k▲
Profit (loss) brought forward from the previous period14P€249k€249k=
Transfer to equity691/2€10k€15k▲
To other reserves6921€10k€15k▲
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
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after 3 loss-making years.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 5current ratio 119.83
Current ratio from 23.79 to 119.83; short-term debt falls from €9k to €2k.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
08-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 39 days late
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 105 days late
2019
31-12
Financial
Highest result since 2018net €29k ▲68.6%
Operating result €29k, net result €29k, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
13-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 44 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Geraardsbergen · 1 establishment unit since 1991
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.
Bronstraat(Waa) 119506 GeraardsbergenGround area
2,621 m²
Building footprint
239 m²
Volume, LiDAR
898 m³
Parcel 41074A0212/00K000, Flanders · tallest building 5.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
WAARBEKE GENERAL SERVICES
since 19912.052.811.889
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41074A0212/00K000 | Flanders | 2,621 m² | 1 · 239 m² | 5.0 m · 1 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.
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 37,942 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-04-1991
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.