WABOMAT
ActiveSummary
WABOMAT has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-22k) and a net result of €205. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 8% of 9982 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
37
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability31▼-23
Solvency0=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.3 against 0.4 in 2023; short-term debt: 117.6% and cash: 18% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-28.3%
Return on assets
0.3%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 9982 sector peers (2024).
NBB · sector comparisonPosition among 9982 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
30 d early
2022
11 d early
2021
60 d late
2020
18 d late
2019
15 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-22k▲ 0.9%
2023 · €-23k
2018: €-37k
2019: €-27k
2020: €-40k
2021: €-31k
2022: €-23k
2023: €-23k
2018 → 2024
Total assets
€79k▼ 12.9%
2023 · €91k
2018: €31k
2019: €102k
2020: €117k
2021: €97k
2022: €90k
2023: €91k
2018 → 2024
Net result
€205▼ 37.4%
2023 · €328
2018: €16k
2019: €10k
2020: €-12k
2021: €9k
2022: €8k
2023: €328
2018 → 2024
Working capital
€-65k▼ 14.5%
2023 · €-57k
2018: €-39k
2019: €-45k
2020: €-62k
2021: €-53k
2022: €-59k
2023: €-57k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-40k-€-31k▲ 22.6%€-23k▲ 25.0%€-23k▲ 1.4%€-22k▲ 0.9%
Operating result€-2k-€16k€17k▲ 1.8%€10k▼ 39.5%€8k▼ 17.4%
Net result€-12k-€9k€8k▼ 14.1%€328▼ 95.7%€205▼ 37.4%
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 two years in a row; 2024 is 17% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €79k
Fixed assets
€51k ▼ 3.2%
Current assets
€28k ▼ 26.2%
Key figures and ratios
EBITDA
€10k▼
2023 · €31k
Cash flow
€2k▼
2023 · €21k
Solvency
-28.3%▼
2023 · -24.9%
Current ratio
0.30▼
2023 · 0.40
Quick ratio
0.21▼
2023 · 0.33
Debt to equity
-4.53▲
2023 · -5.02
ROA
0.3%▼
2023 · 0.4%
Interest coverage
1.41▼
2023 · 4.18
Debt
€102k▼
2023 · €114k
Debt ≤ 1 year
€93k▼
2023 · €95k
Debt > 1 year
€9k▼
2023 · €19k
Income taxes
€1k▼
2023 · €2k
Staff costs
€58k▼
2023 · €60k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€91k€79k▼
Fixed assets21/28€53k€51k▼
Tangible fixed assets22/27€53k€51k▼
Plant, machinery and equipment23€357€0▼
Furniture and vehicles24€34k€34k=
Other tangible fixed assets26€19k€17k▼
Financial fixed assets28€70€70=
Current assets29/58€38k€28k▼
Stocks and contracts in progress3€7k€8k▲
Stocks30/36€4k€5k▲
Contracts in progress37€3k€3k▲
Amounts receivable within one year40/41€12k€6k▼
Trade receivables40€3k€3k▲
Other amounts receivable41€9k€3k▼
Cash at bank and in hand54/58€13k€14k▲
Deferred charges and accrued income490/1€6k€0▼
Equity and liabilities
Total equity and liabilities10/49€91k€79k▼
Equity10/15€-23k€-22k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-43k€-43k▲
Amounts payable17/49€114k€102k▼
Amounts payable after more than one year17€19k€9k▼
Financial debts170/4€19k€9k▼
Amounts payable within one year42/48€95k€93k▼
Current portion of amounts payable after more than one year42€19k€35k▲
Financial debts43€33k€0▼
Credit institutions430/8€33k€0▼
Trade debts44€25k€36k▲
Suppliers440/4€25k€36k▲
Taxes, remuneration and social security45€18k€23k▲
Taxes450/3€13k€16k▲
Remuneration and social security454/9€5k€7k▲
Other amounts payable47/48-€260
Income statement
Code20232024
Remuneration, social security and pensions62€60k€58k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€2k▼
Other operating charges640/8€752€1k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€92k€69k▼
Operating profit (loss)9901€10k€8k▼
Financial income75/76B€4€55▲
Recurring financial income75€4€55▲
Financial charges65/66B€7k€7k▼
Recurring financial charges65€7k€7k▼
Profit (loss) for the period before taxes9903€3k€1k▼
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€328€205▼
Profit (loss) for the period to be appropriated9905€328€205▼
Appropriation of the result
Profit (loss) to be appropriated9906€-43k€-43k▲
Profit (loss) brought forward from the previous period14P€-43k€-43k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
31-12
Financial
Weakest financial yearnet €-12k ▼222%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
18-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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, Sint-Niklaas · 1 establishment unit since 2001
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.
Gustaaf De Ridderstraat 52B9100 Sint-NiklaasGround area
429 m²
Building footprint
65 m²
Volume, LiDAR
507 m³
Parcel 46447B0646/00T000, Flanders · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Gustaaf De Ridderstraat 52, 9100 Sint-Niklaas
since 20012.231.729.973
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46447B0646/00T000 | Flanders | 429 m² | 1 · 65 m² | 10.2 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 and region
AANNEMINGEN HOFMAN
BE 0435.299.178
Sint-Niklaas
ABM RENOVATIE
BE 0758.423.303
Sint-Niklaas
AFRO CONSTRUCT
BE 0801.719.945
Sint-Niklaas
AIB JURGEN
BE 0480.124.957
Sint-Niklaas
ALFA BOUWSERVICE
BE 0718.729.814
Sint-Niklaas
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-06-1988
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43331Floor and wall tiling
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:wabomat@skynet.be
Phone:03/7663613