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WAASVAR

Active
Private limited companyfounded 200620 yrs activeDauwstraat 26, 9250 Waasmunster, BelgiumKBO/BCE: BE 0883.975.945
Summary

WAASVAR has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €221,620 and a net result of €112,407. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 2024 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
WAASVARActiveChecked score 90/100
Risk analysis ReportCompare

Overview

Activity
Pig breeding farms
NACE 01461NACE 01231
2 sites
Size
€2.4mtotal assets 2025
Equity
€221,620
Profit
€112,407
Turnover not published (abridged schema)
Financial health
90 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Holdings
2
Accounts 38 d early0 of 3 deeds read
Why 90- Equity €221,620 (9.3% of total assets)- Liquidity: current ratio 0.88, cash €22,192+ Size: total assets €2.4m+ Figures for FY 2025 (filed 24-12-2025)Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Better than 43% of its sector peers (NACE 01, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 34+5
equity 9.3% of total assets
Liquidity 8-1
short-term debt 78.9% · cash 0.9%
Profitability 75-25
return on assets 4.7%
Bankruptcy probability, 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 0.1% (891 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.3%▲ +36.9% vs 11-2024 01-2025: 0.4%▲ +35.3% vs 12-2024 02-2025: 0.5%▲ +40.7% vs 01-2025highest value 03-2025: 0.1%▼ -74.7% vs 02-2025 04-2025: 0.1%● 0.0% vs 03-2025 05-2025: 0.1%● 0.0% vs 04-2025 06-2025: 0.1%● 0.0% vs 05-2025 07-2025: 0.1%● 0.0% vs 06-2025 08-2025: 0.1%▲ +11.2% vs 07-2025 09-2025: 0.2%▲ +20.8% vs 08-2025 10-2025: 0.2%▲ +4.4% vs 09-2025 11-2025: 0.2%▲ +12.8% vs 10-2025 12-2025: 0.2%▲ +11.3% vs 11-2025 01-2026: 0.1%▼ -48.3% vs 12-2025lowest value 02-2026: 0.1%▲ +0.8% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.1%● 0.0% vs 03-2026 05-2026: 0.1%● 0.0% vs 04-2026 06-2026: 0.1%● 0.0% vs 05-2026 07-2026: 0.1%● 0.0% vs 06-2026 08-2026: 0.1%▲ +5.7% vs 07-2026 09-2026: 0.1%▲ +4.6% vs 08-2026 10-2026: 0.1%▲ +5.1% vs 09-2026
  • Size: total assets €2.4m lowers the probability for this profile
  • Equity €221,620 (9.3% of total assets) raises the probability
  • Liquidity: current ratio 0.88, cash €22,192 raises the probability
  • Figures for FY 2025 (filed 24-12-2025) lowers the probability
Credit up to €19,000 at 30 days acceptable
Liquidity short (current ratio 0.88 against 0.97 in 2024; short-term debt: 78.9% and cash: 0.9% of total assets), and 90.7% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 01, small). Better than this share of them on solvency 13%, liquidity 5%, profitability 61%, growth against the median 95%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €2.4m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Equity €221,620 (9.3% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.88, cash €22,192
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 24-12-2025)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 2024 sector peers (2025).
NBB · sector comparison
Position among 2024 sector peers
Solvency
better than 14%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-12-2025, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 d early
2024
1 d early
2023
40 d early
2022
1 d early
2021
7 d early
2020
2 d early
2019
25 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 24 January (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close04-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Equity above €200,000Eq €221,620 ▲103%
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Caution: Result fell in 2025from €716,354 to €112,407 ▼ 84.3% View
  • Caution: Among the weakest 14% on solvencysector median 41.2% · 2,024 companies 9.3% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View

By topic

Financials

Fiscal year
2025
Total assets
€2.4m
Profit
€112,407
Solvency
9.3%
Total assets▼ 7.1%
Net result
20192025
Go to Financials

Timeline

Events
17
Since
2016
Next accounts
by 31-01-2027
  1. 24-12-2025Annual accounts filed
  2. 30-06-2025Equity above €200,000
  3. 30-01-2025Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Pig breeding farmsNACE 01461
Founded
04-10-2006
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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