Wadon
ActiveSummary
The computed 12-month bankruptcy probability of Wadon is 1.9% (moderate). The 2024 annual accounts show equity of €78k and a net result of €17k. Equity is growing by ~43.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 26043 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability95▼-5
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 33.18 against 14.97 in 2023; short-term debt: 2.9% and cash: 71.6% of total assets), and 2.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 24-06-2025, 37 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
5 d early
2022
46 d early
2021
40 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€78k▲ 27.0%
2023 · €61k
2021: €14k
2022: €39k
2023: €61k
2021 → 2024
Total assets
€80k▲ 22.1%
2023 · €65k
2021: €21k
2022: €43k
2023: €65k
2021 → 2024
Net result
€17k▼ 26.0%
2023 · €22k
2021: €9k
2022: €25k
2023: €22k
2021 → 2024
Working capital
€76k▲ 23.9%
2023 · €61k
2021: €14k
2022: €39k
2023: €61k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€14k-€39k▲ 172%€61k▲ 57.5%€78k▲ 27.0%
Operating result€13k-€34k▲ 163%€31k▼ 9.6%€22k▼ 26.6%
Net result€9k-€25k▲ 164%€22k▼ 9.0%€17k▼ 26.0%
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 27% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €80k
Fixed assets
€2k
Current assets
€78k
Equity and liabilities €80k
Equity
€78k ▲ 27.0%
Debt
€2k ▼ 46.2%
Debt's share of the balance-sheet total falls from 6.7% to 2.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€23k
Cash flow
€17k
Current ratio
33.18▲
2023 · 14.97
Debt to equity
0.03▼
2023 · 0.07
ROE
21.3%▼
2023 · 36.5%
ROA
20.6%▼
2023 · 34.1%
Interest coverage
311.19
Debt ≤ 1 year
€2k▼
2023 · €4k
Income taxes
€6k▼
2023 · €8k
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 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€65k€80k▲
Fixed assets21/28-€2k
Tangible fixed assets22/27-€2k
Furniture and vehicles24-€2k
Current assets29/58€65k€78k▲
Amounts receivable after more than one year29€20k€21k▲
Other amounts receivable291€20k€21k▲
Amounts receivable within one year40/41€7k€301▼
Trade receivables40€6k-
Other amounts receivable41€393€301▼
Cash at bank and in hand54/58€39k€57k▲
Equity and liabilities
Total equity and liabilities10/49€65k€80k▲
Equity10/15€61k€78k▲
Contributions10/11€5k€5k=
Reserves13€56k€73k▲
Distributable reserves133€56k€73k▲
Amounts payable17/49€4k€2k▼
Amounts payable within one year42/48€4k€2k▼
Trade debts44€1k-
Suppliers440/4€1k-
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€919€2k▲
Remuneration and social security454/9€2k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€478
Other operating charges640/8€109€148▲
Gross operating margin9900€31k€23k▼
Operating profit (loss)9901€31k€22k▼
Financial income75/76B€264€597▲
Recurring financial income75€264€597▲
Financial charges65/66B€69€74▲
Recurring financial charges65€69€74▲
Profit (loss) for the period before taxes9903€31k€23k▼
Income taxes67/77€8k€6k▼
Profit (loss) for the period9904€22k€17k▼
Profit (loss) for the period to be appropriated9905€22k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€17k▼
Transfer to equity691/2€22k€17k▼
To other reserves6921€22k€17k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 33.18
Current ratio from 14.97 to 33.18; short-term debt falls from €4k to €2k.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €25k ▲164%
Operating result €34k, net result €25k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 10.03
Current ratio from 3.16 to 10.03; short-term debt falls from €7k to €4k.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro 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, Mechelen · 1 establishment unit since 2021
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.
Sint-Pietersberg 222800 MechelenGround area
249 m²
Building footprint
243 m²
Volume, LiDAR
2,504 m³
Parcel 12025C0414/00C000, Flanders · tallest building 13.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Wadon BV
since 20212.317.130.159
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12025C0414/00C000 | Flanders | 249 m² | 1 · 243 m² | 13.2 m · 4 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.
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Of 3,226 companies in sector 47400 we hold annual accounts for 1,806. 1,458 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-05-2021
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
62200Computer consultancy and computer facilities management
95100Repair and maintenance of computers and communication equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.