Skip to content

WAF MANAGEMENT

Active
Private limited companyfounded 20206 yrs activeDemerstraat 51, 3500 Hasselt, BelgiumKBO/BCE: BE 0752.530.057

WAF MANAGEMENT is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €287k and a net result of €80k. Equity is growing by ~52.3% per year across the filed fiscal years. Its solvency ranks better than 40% of 6143 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Signals

Two signals. The signal on the left, the evidence on the right.
neutral
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 · 5 filings
Deviation from the deadline
2025
not confirmed
2024
36 d early
2023
16 d early
2022
on the day
2021
1 d late
2020
1 d early
← before the deadline after the deadline →
neutral · 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 2024, abbreviated schema

Equity
€287k▲ 39.0%
2023 · €206k
2020: €14k 2021: €68k 2022: €131k 2023: €206k
2020 → 2024
Net result
€80k▲ 7.0%
2023 · €75k
2020: €9k 2021: €54k 2022: €63k 2023: €75k
2020 → 2024
Total assets
€692k▼ 0.2%
2023 · €694k
2020: €651k 2021: €659k 2022: €674k 2023: €694k
2020 → 2024
Solvency
41.4%▲ 11.7pp
2023 · 29.7%
2020: 2.2% 2021: 10.4% 2022: 19.4% 2023: 29.7%
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€14k-€68k▲ 377%€131k▲ 92.2%€206k▲ 57.3%€287k▲ 39.0%
Operating result€33k-€78k▲ 134%€86k▲ 9.9%€104k▲ 20.9%€97k▼ 7.0%
Net result€9k-€54k▲ 480%€63k▲ 16.6%€75k▲ 19.6%€80k▲ 7.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2020: €33k€33kNet result 2020: €9k€9kOperating result 2021: €78k€78kNet result 2021: €54k€54kOperating result 2022: €86k€86kNet result 2022: €63k€63kOperating result 2023: €104k€104kNet result 2023: €75k€75kOperating result 2024: €97k€97kNet result 2024: €80k€80k20202021202220232024
The operating result falls in 2024; 2024 is 7% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €692k
Fixed assets €612k=
Current assets €81k▼ 1.4%
Equity and liabilities €692k
Equity €287k▲ 39.0%
Debt €406k▼ 16.7%
The debt ratio falls from 70.3% to 58.6%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
Solvency
41.4%
2023 · 29.7%
ROE
28.1%
2023 · 36.4%
ROA
11.6%
2023 · 10.8%
Debt
€406k
2023 · €487k
Debt ≤ 1 year
€104k
2023 · €124k
Debt > 1 year
€302k
2023 · €363k
Income taxes
€14k
2023 · €25k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€694k€692k
Fixed assets21/28€612k€612k=
Financial fixed assets28€612k€612k=
Current assets29/58€82k€81k
Amounts receivable within one year40/41€54k€68k
Trade receivables40€40k€31k
Other amounts receivable41€15k€37k
Cash at bank and in hand54/58€28k€13k
Equity and liabilities
Total equity and liabilities10/49€694k€692k
Equity10/15€206k€287k
Contributions10/11€5k€5k=
Profit (loss) carried forward14€201k€282k
Amounts payable17/49€487k€406k
Amounts payable after more than one year17€363k€302k
Financial debts170/4€363k€302k
Amounts payable within one year42/48€124k€104k
Current portion of amounts payable after more than one year42€60k€61k
Financial debts43€7k€8k
Credit institutions430/8€7k€8k
Trade debts44€19k€1k
Suppliers440/4€19k€1k
Taxes, remuneration and social security45€23k€17k
Taxes450/3€20k€15k
Remuneration and social security454/9€2k€2k
Other amounts payable47/48€16k€16k
Income statement Code20232024
Other operating charges640/8€446€512
Gross operating margin9900€104k€97k
Operating profit (loss)9901€104k€97k
Financial income75/76B€734€2k
Recurring financial income75€734€2k
Financial charges65/66B€4k€4k
Recurring financial charges65€4k€4k
Profit (loss) for the period before taxes9903€100k€94k
Income taxes67/77€25k€14k
Profit (loss) for the period9904€75k€80k
Profit (loss) for the period to be appropriated9905€75k€80k
Appropriation of the result
Profit (loss) to be appropriated9906€201k€282k
Profit (loss) brought forward from the previous period14P€126k€201k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2025
25-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Highest result since 2020net €80k ▲7%
Net result €80k, the highest in the series.
15-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Equity above €200kEq €206k ▲57.3%
4 profitable years in a row build equity to €206k.
31-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Equity above €100kEq €131k ▲92.2%
3 profitable years in a row build equity to €131k.
01-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 1 day late
2021
30-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated 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, Hasselt · 1 establishment unit since 2020
establishment The establishment unit 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.

Demerstraat 513500 Hasselt
Ground area
73 m²
Building footprint
202 m²
Volume, LiDAR
1,542 m³
Parcel 71022H0038/00C000, Flanders · tallest building 14.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
WAF MANAGEMENT
Demerstraat 51, 3500 HasseltFinancial service activities, except insurance and pension funding
since 20202.307.176.078
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71022H0038/00C000 Flanders 73 m² 1 · 201 m² 14.4 m · 3 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.

Similar companies · same sector, comparable size

Of 24,636 companies in sector 64210 we hold annual accounts for 19,688. 13,695 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded12-08-2020
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.