WADEV

Active

Private limited companyfounded 20196 yrs activeChaussée de Maubeuge 568 D, 7022 Mons, BelgiumKBO/BCE: BE 0736.377.973

The computed 12-month bankruptcy probability of WADEV is 2.2% (moderate). The 2025 annual accounts show equity of €70k and a net result of €3k. Equity is growing by ~19.3% per year across the filed fiscal years. Its solvency ranks better than 43% of 16906 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

71 / 100

Healthy▼ -29 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability23▼-77

Solvency83▼-5

Growth52▼-26

Stability100

Bankruptcy probability, 12 months

2.2% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days acceptable

Liquidity tight (current ratio 1.42 against 1.64 in 2024), and 47.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

52.2%

Return on assets

2.4%

Age of the figures

8 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

16 d early

2024

31 d late

2023

29 d late

2022

60 d late

2021

31 d late

2020

31 d late

← before the deadline after the deadline →

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 months

Position in the running window

12-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€70k▲ 4.8%

2024 · €67k

2020: €31k 2021: €35k 2022: €28k 2023: €42k 2024: €67k

2020 → 2025

Total assets

€134k▲ 4.0%

2024 · €129k

2020: €59k 2021: €62k 2022: €54k 2023: €59k 2024: €129k

2020 → 2025

Net result

€3k▼ 87.2%

2024 · €25k

2020: €11k 2021: €3k 2022: €-7k 2023: €14k 2024: €25k

2020 → 2025

Working capital

€23k▼ 24.7%

2024 · €31k

2020: €8k 2021: €18k 2022: €16k 2023: €33k 2024: €31k

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€35k-€28k▼ 19.4%€42k▲ 50.4%€67k▲ 59.6%€70k▲ 4.8%

Operating result€5k-€-8k€11k€29k▲ 154%€7k▼ 76.3%

Net result€3k-€-7k€14k€25k▲ 77.7%€3k▼ 87.2%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 76% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €134k

40.9%

59.1%

Fixed assets €55k▲ 12.4%

Current assets €79k▼ 1.2%

Equity and liabilities €134k

52.2%

47.8%

Equity €70k▲ 4.8%

Debt €64k▲ 3.1%

The debt ratio falls from 48.2% to 47.8%: equity grows faster than debt.

Key figures and ratios

2025 value · change against 2024

EBITDA

€15k▼

2024 · €38k

Cash flow

€11k▼

2024 · €34k

Solvency

52.2%▲

2024 · 51.8%

Current ratio

1.42▼

2024 · 1.64

Quick ratio

0.96▼

2024 · 1.23

Debt / equity

0.92▼

2024 · 0.93

ROE

4.5%▼

2024 · 37.3%

ROA

2.4%▼

2024 · 19.3%

Interest coverage

2.63▼

2024 · 8.39

Debt

€64k▲

2024 · €62k

Debt ≤ 1 year

€56k▲

2024 · €49k

Debt > 1 year

€8k▼

2024 · €13k

Income taxes

€356▼

2024 · €3k

Staff costs

€123k▲

2024 · €80k

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€129k€134k▲

Fixed assets21/28€49k€55k▲

Tangible fixed assets22/27€43k€49k▲

Furniture and vehicles24€5k€13k▲

Other tangible fixed assets26€38k€36k▼

Financial fixed assets28€6k€6k=

Current assets29/58€80k€79k▼

Stocks and contracts in progress3€20k€26k▲

Stocks30/36€20k€26k▲

Amounts receivable within one year40/41€15k€26k▲

Trade receivables40€10k€19k▲

Other amounts receivable41€5k€7k▲

Cash at bank and in hand54/58€40k€26k▼

Deferred charges and accrued income490/1€5k€1k▼

Equity and liabilities

Total equity and liabilities10/49€129k€134k▲

Equity10/15€67k€70k▲

Contributions10/11€20k€20k=

Reserves13€35k€35k=

Distributable reserves133€35k€35k=

Profit (loss) carried forward14€12k€15k▲

Amounts payable17/49€62k€64k▲

Amounts payable after more than one year17€13k€8k▼

Financial debts170/4€13k€8k▼

Amounts payable within one year42/48€49k€56k▲

Current portion of amounts payable after more than one year42€10k€12k▲

Trade debts44€10k€6k▼

Suppliers440/4€10k€6k▼

Taxes, remuneration and social security45€29k€38k▲

Taxes450/3€16k€16k▼

Remuneration and social security454/9€13k€22k▲

Other amounts payable47/48-€30

Income statement Code20242025

Remuneration, social security and pensions62€80k€123k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€8k▼

Other operating charges640/8€5k€8k▲

Gross operating margin9900€122k€146k▲

Operating profit (loss)9901€29k€7k▼

Financial income75/76B€3k€2k▼

Recurring financial income75€3k€2k▼

Financial charges65/66B€4k€6k▲

Recurring financial charges65€4k€6k▲

Profit (loss) for the period before taxes9903€28k€4k▼

Income taxes67/77€3k€356▼

Profit (loss) for the period9904€25k€3k▼

Profit (loss) for the period to be appropriated9905€25k€3k▼

Appropriation of the result

Profit (loss) to be appropriated9906€36k€15k▼

Profit (loss) brought forward from the previous period14P€11k€12k▲

Transfer to equity691/2€24k-

To other reserves6921€24k-

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 9Financial 3Filings 6

Next filing, fiscal year 2026, expected by 31-07-2027

2026

15-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 31 days late

2024

31-12

Financial Highest result since 2020net €25k ▲77.7%

Operating result €29k, net result €25k, both a record.

29-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 29 days late

2023

31-12

Financial Back to profitnet €14k

Net result €14k after one loss-making year.

29-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 60 days late

2022

31-12

Financial Weakest financial yearnet €-7k ▼299%

Net result drops to €-7k, the lowest in the series; recovery starts the following year.

31-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 31 days late

2021

31-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 31 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Mons · 2 establishment units since 2019

establishment All 2 establishment units on the map

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.

Chaussée de Maubeuge 568 D7022 Mons

Ground area

1,633 m²

Building footprint

318 m²

Volume, LiDAR

2,560 m³

3 parcels, Wallonia · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.

2 establishment units

Wadev

Chaussée de Maubeuge 568D, 7022 MonsGeneral electrical installation work

since 20192.297.469.744

EROS MONS

Grand-Rue 19, 7000 MonsWholesale trade

since 20242.356.293.514

3 parcels

Wallonia 3 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
53052A0001/00F006	Wallonia	840 m²	1 · 81 m²	8.3 m · 2 fl.
53052A0001/00K005	Wallonia	607 m²	1 · 126 m²	6.5 m · 2 fl.
53053H0364/00B000	Wallonia	185 m²	1 · 111 m²	15.0 m · 4 fl.