WADJ
ActiveSummary
WADJ has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €140,641 and a net result of €48,722. Equity is growing by ~32.5% per year across the filed fiscal years. Its solvency ranks better than 47% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability89▲+9
Solvency73▲+16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 7.66 against 6.77 in 2024; short-term debt: 9.5% and cash: 4.1% of total assets), but 52.3% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 23-10-2025, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
10 d early
2023
1 d early
2022
14 d early
2021
33 d early
2020
31 d early
2019
37 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 19 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 21 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close29-09-2026 today31-10-2026 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
In the rankings
#8 company by equity in Eupen, Administrative and support services sector#10 oldest company in Eupen, Administrative and support services sector
Equity
€140,641▲ 53.0%
2024 · €91,919
Total assets
€295,120▲ 2.0%
2024 · €289,425
Net result
€48,722▲ 86.3%
2024 · €26,151
Working capital
€185,860▲ 11.4%
2024 · €166,832
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€53,962▲ 300%€58,600▲ 8.6%€28,029▼ 52.2%€49,142▲ 75.3%€71,767▲ 46.0%
Net result€24,852within the sector's middle half€30,928within the sector's middle half▲ 24.4%€9,888within the sector's middle half▼ 68.0%€26,151within the sector's middle half▲ 164%€48,722above the sector's middle half▲ 86.3%
Equity€33,291within the sector's middle half▲ 294%€64,219within the sector's middle half▲ 92.9%€74,107within the sector's middle half▲ 15.4%€91,919within the sector's middle half▲ 24.0%€140,641within the sector's middle half▲ 53.0%
Total assets€345,351within the sector's middle half▼ 1.8%€321,249within the sector's middle half▼ 7.0%€292,881within the sector's middle half▼ 8.8%€289,425within the sector's middle half▼ 1.2%€295,120within the sector's middle half▲ 2.0%
Debt€312,060▼ 9.1%€257,031▼ 17.6%€218,774▼ 14.9%€197,506▼ 9.7%€154,480▼ 21.8%
Working capital€24,550within the sector's middle half€76,620within the sector's middle half▲ 212%€110,854above the sector's middle half▲ 44.7%€166,832above the sector's middle half▲ 50.5%€185,860above the sector's middle half▲ 11.4%
Solvency9.6%below the sector's middle half▲ 7.2pp20.0%within the sector's middle half▲ 10.4pp25.3%within the sector's middle half▲ 5.3pp31.8%within the sector's middle half▲ 6.5pp47.7%within the sector's middle half▲ 15.9pp
Current ratio1.36within the sector's middle half▲ 0.392.47within the sector's middle half▲ 1.113.40within the sector's middle half▲ 0.926.77above the sector's middle half▲ 3.377.66above the sector's middle half▲ 0.89
Return on assets (ROA)7.2%within the sector's middle half▲ 7.5pp9.6%within the sector's middle half▲ 2.4pp3.4%within the sector's middle half▼ 6.3pp9.0%within the sector's middle half▲ 5.7pp16.5%within the sector's middle half▲ 7.5pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 46% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €295,120
Fixed assets
€81,362 ▼ 13.1%
Current assets
€213,758 ▲ 9.2%
Equity and liabilities €295,120
Equity
€140,641 ▲ 53.0%
Debt
€154,480 ▼ 21.8%
Debt's share of the balance-sheet total falls from 68.2% to 52.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€89,166▼
2024 · €91,221
Cash flow
€66,122▼
2024 · €68,229
Debt to equity
1.10▼
2024 · 2.15
ROE
34.6%▲
2024 · 28.4%
Interest coverage
16.28▼
2024 · 16.73
Debt ≤ 1 year
€27,898▼
2024 · €28,918
Debt > 1 year
€126,582▼
2024 · €168,588
Income taxes
€20,978▲
2024 · €17,538
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €71,986 | €60,539 | €56,780 | €42,079 | €17,399 | ▼ 58.6% |
| Other operating charges640/8 | - | €4,915 | €5,097 | €4,827 | €13,183 | ▲ 173% |
| Gross operating margin9900 | €133,188 | €124,055 | €89,906 | €96,048 | €102,350 | ▲ 6.6% |
| Operating profit (loss)9901 | €53,962 | €58,600 | €28,029 | €49,142 | €71,767 | ▲ 46.0% |
| Financial income75/76B | - | - | - | - | €3,411 | - |
| Recurring financial income75 | - | - | - | - | €3,411 | - |
| Financial charges65/66B | - | €5,799 | €6,143 | €5,453 | €5,478 | ▲ 0.5% |
| Recurring financial charges65 | €7,198 | €5,799 | €6,143 | €5,453 | €5,478 | ▲ 0.5% |
| Profit (loss) for the period before taxes9903 | €46,764 | €52,801 | €21,886 | €43,689 | €69,700 | ▲ 59.5% |
| Income taxes67/77 | €21,911 | €21,873 | €11,998 | €17,538 | €20,978 | ▲ 19.6% |
| Profit (loss) for the period9904 | €24,852 | €30,928 | €9,888 | €26,151 | €48,722 | ▲ 86.3% |
| Profit (loss) for the period to be appropriated9905 | €24,852 | €30,928 | €9,888 | €26,151 | €48,722 | ▲ 86.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €345,351 | €321,249 | €292,881 | €289,425 | €295,120 | ▲ 2.0% |
| Fixed assets21/28 | €253,071 | €192,532 | €135,753 | €93,674 | €81,362 | ▼ 13.1% |
| Tangible fixed assets22/27 | €253,071 | €192,532 | €135,753 | €93,674 | €81,362 | ▼ 13.1% |
| Land and buildings22 | - | €109,200 | €98,280 | €87,360 | €81,362 | ▼ 6.9% |
| Furniture and vehicles24 | - | €31,499 | €14,597 | €6,314 | - | - |
| Other tangible fixed assets26 | - | €51,834 | €22,876 | - | - | - |
| Current assets29/58 | €92,279 | €128,717 | €157,128 | €195,751 | €213,758 | ▲ 9.2% |
| Amounts receivable within one year40/41 | €21,386 | €15,691 | €18,139 | €20,093 | €16,824 | ▼ 16.3% |
| Trade receivables40 | - | €15,691 | €15,128 | €20,093 | €6,824 | ▼ 66.0% |
| Other amounts receivable41 | - | - | €3,011 | - | €10,000 | - |
| Current investments50/53 | - | - | - | €110,000 | €182,000 | ▲ 65.5% |
| Cash at bank and in hand54/58 | €66,770 | €109,775 | €134,897 | €61,405 | €11,992 | ▼ 80.5% |
| Deferred charges and accrued income490/1 | - | €3,251 | €4,092 | €4,253 | €2,941 | ▼ 30.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €345,351 | €321,249 | €292,881 | €289,425 | €295,120 | ▲ 2.0% |
| Equity10/15 | €33,291 | €64,219 | €74,107 | €91,919 | €140,641 | ▲ 53.0% |
| Contributions10/11 | - | €6,200 | €6,200 | €100 | €100 | = |
| Reserves13 | €26,712 | €57,640 | €65,668 | €91,819 | €91,819 | = |
| Non-distributable reserves130/1 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | - | - | - | - |
| Distributable reserves133 | - | €55,780 | €65,668 | €91,819 | €91,819 | = |
| Profit (loss) carried forward14 | €379 | €379 | €2,239 | - | €48,722 | - |
| Amounts payable17/49 | €312,060 | €257,031 | €218,774 | €197,506 | €154,480 | ▼ 21.8% |
| Amounts payable after more than one year17 | €244,330 | €204,933 | €172,500 | €168,588 | €126,582 | ▼ 24.9% |
| Financial debts170/4 | - | €161,525 | €120,823 | €107,644 | €94,272 | ▼ 12.4% |
| Other amounts payable178/9 | - | €43,408 | €51,677 | €60,944 | €32,310 | ▼ 47.0% |
| Amounts payable within one year42/48 | €67,729 | €52,097 | €46,274 | €28,918 | €27,898 | ▼ 3.5% |
| Current portion of amounts payable after more than one year42 | - | €39,166 | €40,702 | €13,179 | €13,372 | ▲ 1.5% |
| Trade debts44 | €12,154 | €295 | €3,175 | €6,249 | €10,059 | ▲ 61.0% |
| Suppliers440/4 | - | €295 | €3,175 | €6,249 | €10,059 | ▲ 61.0% |
| Taxes, remuneration and social security45 | - | €12,636 | €2,397 | €9,490 | €4,467 | ▼ 52.9% |
| Taxes450/3 | - | €12,636 | €2,397 | €9,490 | €4,467 | ▼ 52.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,852 | €30,928 | €9,888 | €26,151 | €48,722 | ▲ 86.3% |
| + Depreciation and write-downs630 | €71,986 | €60,539 | €56,780 | €42,079 | €17,399 | ▼ 58.6% |
| Operating cash flow (approximation) | €96,838 | €91,467 | €66,668 | €68,229 | €66,122 | ▼ 3.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€5,088 | - |
| Change in cash | - | €43,005 | €25,122 | -€73,492 | -€49,412 | ▲ 32.8% |
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
Next filing, fiscal year 2026, expected by
2025
23-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €48,722 ▲86.3%
Operating result €71,767, net result €48,722, both a record.
31-03
Financial
Equity above €100,000Eq €140,641 ▲53%
5 profitable years in a row build equity to €140,641.
2024
21-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Back to profitnet €24,852
Net result €24,852 after one loss-making year.
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet -€990
Net result drops to -€990, the lowest in the series; recovery starts the following year.
2019
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Eupen · 1 establishment unit since 2008
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.
Friedrich-Hennes-Strasse 274700 Eupen1 establishment unit
Friedrich-Hennes-Strasse 27, 4700 Eupen
since 20082.170.167.340
Similar companies · same sector, comparable size
EM-KA PROJECTEN
BE 0890.538.786
Turnhout · Eq €140,749
FeluyMed
BE 0747.886.232
Seneffe · Eq €140,527
Mac Consulting
BE 0674.712.796
Geraardsbergen · Eq €140,804
ACQUEST
BE 0425.122.294
Brugge · Eq €140,835
LOGEMENT,PARTICIPATIONS,DEVELOPPEMENT ET IMMOBILIER
BE 0475.400.859
Mons · Eq €140,846
Of 11,218 companies in sector 82100 we hold annual accounts for 3,516. 2,583 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-04-2008
Fiscal year end31-03
Activities, NACEBEL 2025
82100Office administrative and support services
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
73300Public relations and communication consultancy
74301Translation services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0897166658
Also
9925:BE0897166658
Registered
22-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.