WADENA
ActiveSummary
WADENA has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.3m and a net result of €10,624. Equity is growing by ~12% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability38▼-4
Solvency100▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150,000 at 30 days acceptable
Liquidity ample (current ratio 1.81 against 1.16 in 2023; short-term debt: 16.9% and cash: 0.3% of total assets), and 17% of the assets are financed with debt.
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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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
83%
Return on assets
0.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
13 d early
2022
on the day
2021
5 d early
2020
29 d early
2019
52 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 5 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€2.3m▼ 18.5%
2023 · €2.8m
Total assets
€2.7m▼ 30.2%
2023 · €3.9m
Net result
€10,624▼ 84.7%
2023 · €69,490
Working capital
€372,753▲ 105%
2023 · €181,442
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€2,625▼ 15.7%-€2,524▲ 3.9%-€2,434▲ 3.6%-€5,839▼ 140%-€5,275▲ 9.6%
Net result€127,240▼ 75.8%€1.4m▲ 1,029%€562,669▼ 60.8%€69,490▼ 87.7%€10,624▼ 84.7%
Equity€1.9m▲ 7.3%€2.8m▲ 49.9%€3.1m▲ 9.7%€2.8m▼ 9.8%€2.3m▼ 18.5%
Total assets€1.9m▲ 4.8%€3.5m▲ 82.9%€3.9m▲ 13.0%€3.9m▲ 0.1%€2.7m▼ 30.2%
Debt€13,724▼ 74.4%€645,053▲ 4,600%€821,747▲ 27.4%€1.1m▲ 37.6%€464,434▼ 58.9%
Working capital€1.2m▼ 15.6%€920,935▼ 22.9%€942,952▲ 2.4%€181,442▼ 80.8%€372,753▲ 105%
Staff (FTE)000
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5,275 in 2024 against €5,839 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.7m
Fixed assets
€1.9m ▼ 27.1%
Current assets
€835,686 ▼ 36.2%
Equity and liabilities €2.7m
Equity
€2.3m ▼ 18.5%
Debt
€464,434 ▼ 58.9%
Debt's share of the balance-sheet total falls from 28.9% to 17.0%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.81▲
2023 · 1.16
Debt to equity
0.20▼
2023 · 0.41
ROE
0.5%▼
2023 · 2.5%
ROA
0.4%▼
2023 · 1.8%
Debt ≤ 1 year
€462,934▼
2023 · €1.1m
Income taxes
€1,062▼
2023 · €6,949
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €332 | €424 | €471 | €528 | ▲ 12.2% |
| Gross operating margin9900 | -€2,294 | -€2,192 | -€2,009 | -€5,368 | -€4,748 | ▲ 11.6% |
| Operating profit (loss)9901 | -€2,625 | -€2,524 | -€2,434 | -€5,839 | -€5,275 | ▲ 9.6% |
| Financial income75/76B | - | €1.6m | €624,946 | €82,636 | €17,379 | ▼ 79.0% |
| Recurring financial income75 | €144,560 | €1.6m | €624,946 | €82,636 | €17,379 | ▼ 79.0% |
| Financial charges65/66B | - | €6,093 | €3,576 | €359 | €418 | ▲ 16.4% |
| Recurring financial charges65 | €1,971 | €6,093 | €3,576 | €359 | €418 | ▲ 16.4% |
| Profit (loss) for the period before taxes9903 | €139,964 | €1.6m | €618,936 | €76,439 | €11,686 | ▼ 84.7% |
| Income taxes67/77 | €12,724 | €143,594 | €56,267 | €6,949 | €1,062 | ▼ 84.7% |
| Profit (loss) for the period9904 | €127,240 | €1.4m | €562,669 | €69,490 | €10,624 | ▼ 84.7% |
| Profit (loss) for the period to be appropriated9905 | €127,240 | €1.4m | €562,669 | €69,490 | €10,624 | ▼ 84.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.9m | €3.5m | €3.9m | €3.9m | €2.7m | ▼ 30.2% |
| Fixed assets21/28 | €682,959 | €1.9m | €2.1m | €2.6m | €1.9m | ▼ 27.1% |
| Financial fixed assets28 | €682,959 | €1.9m | €2.1m | €2.6m | €1.9m | ▼ 27.1% |
| Current assets29/58 | €1.2m | €1.6m | €1.8m | €1.3m | €835,686 | ▼ 36.2% |
| Current investments50/53 | €503,343 | €503,344 | €503,344 | €1.2m | €777,394 | ▼ 34.6% |
| Cash at bank and in hand54/58 | €704,139 | €1.1m | €1.3m | €72,591 | €8,292 | ▼ 88.6% |
| Deferred charges and accrued income490/1 | - | - | - | €50,000 | €50,000 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.9m | €3.5m | €3.9m | €3.9m | €2.7m | ▼ 30.2% |
| Equity10/15 | €1.9m | €2.8m | €3.1m | €2.8m | €2.3m | ▼ 18.5% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €1.8m | €2.8m | €3.0m | €2.7m | €2.2m | ▼ 18.9% |
| Non-distributable reserves130/1 | - | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Legal reserve130 | - | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Distributable reserves133 | - | €2.7m | €3.0m | €2.7m | €2.2m | ▼ 19.0% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €13,724 | €645,053 | €821,747 | €1.1m | €464,434 | ▼ 58.9% |
| Amounts payable within one year42/48 | €12,724 | €644,053 | €820,747 | €1.1m | €462,934 | ▼ 59.0% |
| Trade debts44 | - | €459 | €0 | - | - | - |
| Suppliers440/4 | - | €459 | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | €143,594 | €56,267 | €6,949 | €1,062 | ▼ 84.7% |
| Taxes450/3 | - | €143,594 | €56,267 | €6,949 | €1,062 | ▼ 84.7% |
| Other amounts payable47/48 | - | €500,000 | €764,481 | €1.1m | €461,871 | ▼ 58.9% |
| Accrued charges and deferred income492/3 | - | €1,000 | €1,000 | €1,000 | €1,500 | ▲ 50.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €127,240 | €1.4m | €562,669 | €69,490 | €10,624 | ▼ 84.7% |
| Operating cash flow (approximation) | €127,240 | €1.4m | €562,669 | €69,490 | €10,624 | ▼ 84.7% |
| Investment in fixed assets (approximation) | - | -€1.2m | -€251,172 | -€458,535 | €706,220 | ▲ 254% |
| Change in cash | - | €357,505 | €198,711 | -€1.2m | -€64,299 | ▲ 94.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €10,624 ▼84.7%
Net result drops to €10,624, the lowest in the series.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €1.4m ▲1,029%
Net result €1.4m, the highest in the series.
31-12
Financial
Equity above €2mEq €2.8m ▲49.9%
4 profitable years in a row build equity to €2.8m.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity triplescurrent ratio 94.90
Current ratio from 27.91 to 94.90; short-term debt falls from €52,603 to €12,724.
21-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 52 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
04-07
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.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Gent · 1 establishment unit since 2011
Ground area
1,130 m²
Building footprint
114 m²
Volume, LiDAR
588 m³
Parcel 44082A0175/00A000, Flanders · tallest building 11.8 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
WADENA
since 20112.202.145.765
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44082A0175/00A000 | Flanders | 1,129 m² | 1 · 114 m² | 11.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPublic limited company
Founded01-08-2011
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0838256875
Registered
11-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.