Turnover
≈ €160,000 estimated
The micro format states no turnover.
WADIS
Lifetime
1 annual account with figurespeak €29,217 (2025)
€29,217
peak €17,121 (2025)
€17,121
peak €17,121 (2025)
€17,121
€42,479
Board1 name since 2025
1 directorTAKATI Rachid
Documentsfilings and deeds
08-09-202639 days late
2025micro format
Registered office moved from Ixelles to Forest 29-12Incorporation 14-012 establishments registeredFirst year with figures
Key points
from the 2025 annual accountsDebts
€42,479 71% of the balance sheet
Suppliers 87%Taxes and wages 13%
2025 accounts filed 39 days after the deadline
Checked score
38
Weak
Financially stronger than 44% of micro companies in specialised construction (NACE 43)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.0% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2026: 4.5%lowest value
03-2026: 4.6%▲ +0.1 percentage points vs 02-2026
04-2026: 4.7%▲ +0.1 percentage points vs 03-2026
05-2026: 5.3%▲ +0.6 percentage points vs 04-2026
06-2026: 5.3%● unchanged vs 05-2026
07-2026: 5.8%▲ +0.5 percentage points vs 06-2026
08-2026: 6.1%▲ +0.3 percentage points vs 07-2026
09-2026: 6.2%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 5.0%▼ -1.2 percentage points vs 09-2026
11-2026: 5.0%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2025
Size: total assets €59,601
1 change of registered office in 24 months
lowers risk
Figures for financial year 2025 (filed on 09-09-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 30% of them on solvency, 9% on liquidity and 92% on profitability.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,390 companies had the same profile as WADIS has now. Each dot stands for 6 companies, two years later.
96.6%
were still trading
2.0%
stopped another way
1.2%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of WADIS itself is higher: 5.0% within 12 months. It rests on far more data about WADIS than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,390 companies, not a prediction for WADIS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is insufficient, with a current ratio of 0.9, below 1. Short-term debt is 71.3% and cash 2.8% of total assets. 71.3% of the assets are financed with debt and provisions.
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 39 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
39 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1018596109
Registered office moved from Ixelles to Forest
New registered office: Boulevard de la deuxième Armée Britannique 162 à 1190 Forest · Previous registered office: Avenue Louise 367 1050 Ixelles · TAKATI Rachid holds 100 shares · General meeting of 15-05-2025 · Gazette deed
New establishment in Forest
., Brits Tweede Legerlaan 162
First establishment
Louizalaan 367, Ixelles
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WADIS Forest | €59,601 | €29,217 | 28.7% | - |
| FAÇ-PLOMO Brussels | €47,480 | €31,361 | 42.0% | - |
| D&D Home Concept Anderlecht | €55,943 | €35,073 | 37.7% | - |
| M Bours Grondwerken & Ontstoppingsdienst Maaseik | €66,149 | €26,956 | 32.6% | - |
| PIPETECHPRO Steenokkerzeel | €50,836 | €32,501 | 60.2% | - |
| MS CONSTRUCTION GROUP Sint-Niklaas | €57,967 | €37,053 | 50.4% | - |
| DSG-Estates Kinrooi | €60,578 | €38,052 | 48.2% | - |
These companies have the same main activity as WADIS: site preparation (NACE 43120). They are comparable in size and age: total assets between €47,500 and €66,100, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 12-01-2025Normal situation
- Activity
- Site preparationNACE 43120and 5 others
- Joint committee
- 201Independent retail · annual accounts 2025
- Establishment units
- 2.373.000.0801050 Ixelles, since 15-03-2025
- 2.381.111.1611190 Forest, since 01-05-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 09-01-2026
Insights on WADIS
The computed 12-month bankruptcy probability of WADIS is 5.0% (elevated). The 2025 annual accounts show equity of €17,121 and a net result of €17,121.
Its solvency ranks better than 30% of 35,136 sector peers (NACE 43, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about WADIS
- What is the company number of WADIS?
- The company number of WADIS is 1018.596.109. The VAT number is the same number with BE in front: BE 1018.596.109.
- Where is WADIS based?
- The registered office is at Brits Tweede Legerlaan 162, 1190 Forest.Company details
- What does WADIS do?
- According to the KBO register, the main activity is site preparation (NACE 43120).
- What is the legal form of WADIS?
- WADIS is a private limited company (BV).
- When was WADIS founded?
- WADIS was founded on 12-01-2025.
- Is WADIS still active?
- Yes, WADIS is an active enterprise in the KBO register.
- How many employees does WADIS have?
- WADIS had an average of 0.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does WADIS fall under?
- In its 2025 annual accounts, WADIS states joint committee 201 (Independent retail).
- What is the turnover of WADIS?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €29,217 and 30 comparable companies (NACE 431). It probably lies between €110,000 and €350,000.
- Is WADIS profitable?
- In financial year 2025, WADIS made a profit of €17,121.
- Where can I find the annual accounts of WADIS?
- WADIS filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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