WAF SERVICE
ActiveThe computed 12-month bankruptcy probability of WAF SERVICE is 1.9% (moderate). The annual accounts of WAF SERVICE for fiscal year 2024 show a net loss of 96% of the equity at the start of that year. The 2024 annual accounts show equity of €97 and a net result of €-2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 26049 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
29
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-88
Solvency26▼-37
Growth32=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.01 against 1.62 in 2023; short-term debt: 99.1% and cash: 12.8% of total assets), and 99.1% of the assets are financed with debt.
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
0.9%
Return on assets
-22.3%
Age of the figures
21 mo
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 →
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 26049 sector peers (2024).
NBB · sector comparisonPosition among 26049 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-10-2025, 62 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
62 d late
2023
61 d late
2022
142 d late
2021
18 d late
2020
27 d late
2019
4 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€97▼ 96.0%
2023 · €2k
2018: €4k
2019: €7k
2020: €18k
2021: €6k
2022: €1k
2023: €2k
2018 → 2024
Total assets
€10k▲ 64.9%
2023 · €6k
2018: €21k
2019: €16k
2020: €27k
2021: €29k
2022: €45k
2023: €6k
2018 → 2024
Net result
€-2k
2023 · €1k
2018: €4k
2019: €3k
2020: €12k
2021: €-12k
2022: €-5k
2023: €1k
2018 → 2024
Working capital
€97▼ 96.0%
2023 · €2k
2018: €4k
2019: €7k
2020: €18k
2021: €6k
2022: €1k
2023: €2k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€18k-€6k▼ 66.9%€1k▼ 81.2%€2k▲ 113%€97▼ 96.0%
Operating result€12k-€-12k€-5k▲ 59.6%€1k€-2k
Net result€12k-€-12k€-5k▲ 59.9%€1k€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €2k after €1k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €10k
Equity
€97▼ 96.0%
Debt
€10k▲ 165%
The debt ratio rises from 61.7% to 99.1%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
0.9%▼
2023 · 38.3%
Current ratio
1.01▼
2023 · 1.62
Quick ratio
0.21▼
2023 · 1.29
ROA
-22.3%▼
2023 · 20.3%
Debt
€10k▲
2023 · €4k
Debt ≤ 1 year
€10k▲
2023 · €4k
Equity ratios withheld: equity of €97 is too small for a meaningful ratio.
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€6k€10k▲
Current assets29/58€6k€10k▲
Stocks and contracts in progress3€1k€8k▲
Stocks30/36€1k€8k▲
Cash at bank and in hand54/58€5k€1k▼
Deferred charges and accrued income490/1-€800
Equity and liabilities
Total equity and liabilities10/49€6k€10k▲
Equity10/15€2k€97▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-16k€-19k▼
Amounts payable17/49€4k€10k▲
Amounts payable within one year42/48€4k€10k▲
Trade debts44€1k€9k▲
Suppliers440/4€1k€9k▲
Taxes, remuneration and social security45€1k€223▼
Taxes450/3€1k€223▼
Other amounts payable47/48€1k€1k▲
Income statement
Code20232024
Goods, raw materials, services and sundry goods60/61€25k-
Other operating charges640/8€591€407▼
Gross operating margin9900€2k€-2k▼
Operating profit (loss)9901€1k€-2k▼
Financial income75/76B€9-
Recurring financial income75€9-
Financial charges65/66B-€46
Recurring financial charges65-€46
Profit (loss) for the period before taxes9903€1k€-2k▼
Profit (loss) for the period9904€1k€-2k▼
Profit (loss) for the period to be appropriated9905€1k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-19k▼
Profit (loss) brought forward from the previous period14P€-17k€-16k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 62 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 142 days late
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
31-12
Financial
Weakest financial yearnet €-12k ▼205%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Highest result since 2018net €12k ▲314%
Operating result €12k, net result €12k, both a record.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 9 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Dison · 2 establishment units since 2014
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.
Rue Albert Ier 464820 DisonGround area
246 m²
Building footprint
225 m²
Volume, LiDAR
3,868 m³
2 parcels, Wallonia · tallest building 19.6 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
WAF SERVICE
since 20142.225.171.783
MAISON H
since 20172.269.433.081
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63020A0690/00E000 | Wallonia | 164 m² | 1 · 164 m² | 19.6 m · 6 fl. |
| 63079A0754/00R000 | Wallonia | 82 m² | 1 · 61 m² | 16.9 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
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GRG GROUP
BE 1001.294.772
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De&So Trend
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Anderlecht · Eq €66
Of 6,501 companies in sector 47716 we hold annual accounts for 2,438. 47 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded18-12-2013
Fiscal year end31-12
Activities, NACEBEL
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47820Market retail: textiles, clothing, footwear
47789Other retail sale of new goods
47890Retail trade
49420Removal services
52250Logistics services
52290Warehousing and support activities for transportation
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.