WAFAEngineering
ActiveSummary
WAFAEngineering has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,460 and a net result of €73,800. Equity is growing by about 32% per year across the filed financial years. Its solvency ranks better than 18% of 21,036 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €20,460
- Profit
- €73,800
Why 90raises riskLatest accounts 31 days late; 3 of the last 3 latelowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 1.16, cash €106,022, halvedSize: total assets €134,742Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 62, micro): better than 19% on solvency, 35% on liquidity, 82% on profitability and 6% on growth.
The bankruptcy probability was computed on 21-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 36 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Appointment: BOUDRA Ouafae (director)Amendment of the articles ·…
Financials · financial year 2025, micro format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00463284.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result has fallen two years in a row; 2025 is 2% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 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% | 1.8% |
| 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 74.5% 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 6,713 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €158 | €280 | €280 | €976 | €2,206 | €2,206 | = |
| Other operating charges640/8 | - | - | - | €964 | €619 | €480 | €725 | €848 | ▲ 17.0% |
| Gross operating margin9900 | €40,597 | €59,932 | €11,258 | €63,747 | €86,192 | €110,604 | €97,555 | €96,150 | ▼ 1.4% |
| Operating profit (loss)9901 | €39,955 | €59,277 | €8,620 | €62,503 | €85,293 | €109,148 | €94,624 | €93,096 | ▼ 1.6% |
| Financial income75/76B | - | - | - | - | €3 | €15 | €0 | €36 | - |
| Recurring financial income75 | - | - | - | - | €3 | €15 | €0 | €36 | - |
| Financial charges65/66B | - | - | - | €801 | €521 | €382 | €140 | €305 | ▲ 117% |
| Recurring financial charges65 | €373 | €1,146 | €1,294 | €801 | €521 | €382 | €140 | €305 | ▲ 117% |
| Profit (loss) for the period before taxes9903 | €39,583 | €58,130 | €7,327 | €61,702 | €84,775 | €108,781 | €94,484 | €92,828 | ▼ 1.8% |
| Income taxes67/77 | €11,159 | €12,797 | €2,149 | €17,924 | €18,331 | €28,263 | €29,662 | €19,027 | ▼ 35.9% |
| Profit (loss) for the period9904 | €28,424 | €45,334 | €5,178 | €43,778 | €66,445 | €80,518 | €64,822 | €73,800 | ▲ 13.9% |
| Profit (loss) for the period to be appropriated9905 | €28,424 | €45,334 | €5,178 | €43,778 | €66,445 | €80,518 | €64,822 | €73,800 | ▲ 13.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €73,713 | €123,501 | €124,640 | €192,793 | €256,629 | €327,633 | €381,018 | €134,742 | ▼ 64.6% |
| Fixed assets21/28 | - | - | €2,642 | €2,362 | €2,082 | €6,884 | €4,678 | €2,472 | ▼ 47.2% |
| Tangible fixed assets22/27 | - | - | €2,642 | €2,362 | €2,082 | €6,884 | €4,678 | €2,472 | ▼ 47.2% |
| Furniture and vehicles24 | - | - | - | - | - | €5,081 | €3,155 | €1,230 | ▼ 61.0% |
| Other tangible fixed assets26 | - | - | - | €2,362 | €2,082 | €1,802 | €1,522 | €1,242 | ▼ 18.4% |
| Current assets29/58 | €73,713 | €123,501 | €121,997 | €190,431 | €254,546 | €320,750 | €376,340 | €132,270 | ▼ 64.9% |
| Amounts receivable within one year40/41 | €11,979 | €13,976 | €505 | €19,969 | €33,830 | €57,486 | €28,050 | €26,248 | ▼ 6.4% |
| Trade receivables40 | - | - | - | €19,969 | €32,661 | €56,317 | €22,508 | €17,733 | ▼ 21.2% |
| Other amounts receivable41 | - | - | - | - | €1,169 | €1,169 | €5,542 | €8,515 | ▲ 53.6% |
| Cash at bank and in hand54/58 | €61,181 | €109,383 | €121,370 | €170,461 | €220,716 | €263,073 | €348,142 | €106,022 | ▼ 69.5% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €190 | €148 | €0 | ▼ 100% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €73,713 | €123,501 | €124,640 | €192,793 | €256,629 | €327,633 | €381,018 | €134,742 | ▼ 64.6% |
| Equity10/15 | €40,824 | €86,157 | €91,335 | €135,113 | €201,557 | €256,076 | €327,098 | €20,460 | ▼ 93.7% |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €12,400 | €12,400 | €18,600 | €18,600 | = |
| Reserves13 | €27,860 | €27,860 | €27,860 | €27,860 | €27,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €26,000 | €26,000 | €0 | - | - | - |
| Profit (loss) carried forward14 | €564 | €45,897 | €51,075 | €94,853 | €161,297 | €241,816 | €306,638 | €0 | ▼ 100% |
| Amounts payable17/49 | €32,889 | €37,344 | €33,305 | €57,680 | €55,071 | €71,558 | €53,920 | €114,282 | ▲ 112% |
| Amounts payable within one year42/48 | €32,889 | €37,344 | €33,305 | €57,680 | €55,071 | €71,558 | €53,920 | €114,282 | ▲ 112% |
| Trade debts44 | €1,714 | €547 | €1,161 | €2,436 | €2,671 | €1,388 | €7,918 | €4,543 | ▼ 42.6% |
| Suppliers440/4 | - | - | - | €2,436 | €2,671 | €1,388 | €7,918 | €4,543 | ▼ 42.6% |
| Taxes, remuneration and social security45 | - | - | - | €26,796 | €23,729 | €18,516 | €17,290 | €8,833 | ▼ 48.9% |
| Taxes450/3 | - | - | - | €26,796 | €23,729 | €18,516 | €17,290 | €8,833 | ▼ 48.9% |
| Other amounts payable47/48 | - | - | - | €28,448 | €28,672 | €51,653 | €28,712 | €100,906 | ▲ 251% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,424 | €45,334 | €5,178 | €43,778 | €66,445 | €80,518 | €64,822 | €73,800 | ▲ 13.9% |
| + Depreciation and write-downs630 | - | - | €158 | €280 | €280 | €976 | €2,206 | €2,206 | = |
| Operating cash flow (approximation) | €28,424 | €45,334 | €5,335 | €44,058 | €66,725 | €81,495 | €67,028 | €76,006 | ▲ 13.4% |
| Investment in fixed assets (approximation) | - | - | - | €0 | €0 | -€5,778 | €0 | €0 | - |
| Change in cash | - | €48,202 | €11,987 | €49,091 | €50,255 | €42,357 | €85,069 | -€242,120 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00463284 |
| 31-12-2024 | micro format | 31-08-2025 | 2025-00457378 |
| 31-12-2023 | micro format | 31-08-2024 | 2024-00424783 |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00416662 |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20369934 |
| 31-12-2020 | micro format | 31-08-2021 | 2021-63500159 |
| 31-12-2019 | micro format | 07-10-2020 | 2020-59900087 |
| 31-12-2018 | micro format | 31-08-2019 | 2019-62400439 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| BOUDRA Ouafae |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
03-09
Gazette deed
Appointment: BOUDRA Ouafae (director)Amendment of the articles · Capital conversion · Reserve release8 facts ▸
- General meeting, 08-04-2024
- Amendment of the articles (2 times)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “inclut les éventuels versements futurs de la part non encore libérée du capital souscrit dans le passé, suppression du compte de capitaux propres statutairement…” (deed in French)
- Capital
- Director appointment, BOUDRA Ouafae (director (not named in the articles))
- Power of attorney
- Power of attorney, Sibylle FALLA
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 21 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the KBO register.
Belg.Onafhankelijkheidsln. 1201081 Koekelberg1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21819C0024/00A002 | Brussels | 1,215 m² | 1 · 178 m² | 10.9 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Toutes prestations de services, études et activités relatives à l'informatique, à l'internet, aux logiciels, machines, équipements, know-how…” (deed in French)
9 activities (deed in French)
- Toutes prestations de services, études et activités relatives à l'informatique, à l'internet, aux logiciels, machines, équipements, know-how et systèmes de traitement de l'information, de nature électrique, électronique, mécanique et à usage commercial, industriel, scientifique ou autres
- Toutes activités liées à l'hébergement de sites internet, au commerce électronique, au Design et l’architecture des sites web
- L'achat, la vente, la location, le transport, l'importation, l'exportation, la distribution, la représentation, la recherche, l'étude, la conception, le développement, la fabrication, l'entretien, la réparation, l'assemblage de tous articles, pièces, produits, matériels, instruments, machines, équipements se rapportant directement ou indirectement à l'informatique ou aux traitements de l'information ainsi que toutes activités d'expertises de tout matériel informatique et logiciel
- Toutes opérations se rapportant aux activités de conseil, de stratégie, d'organisation, de management, de marketing, de conception et de réalisations informatiques, de sélection de personnel, d'administration, et de gestion dans le sens le plus large touchant la vie des entreprises ou sociétés mêmes internationales, ainsi que le contrôle de leur gestion ou la participation à celles-ci par la prise de mandats au sein desdites entreprises ou sociétés
- Toutes opérations financières, telles qu'acquérir, par voie d'achat ou autrement, toutes valeurs mobilières, créances, parts d'associés et participations dans toutes entreprises financières, industrielles et commerciales ; tout acte de gestion de portefeuille ou de capitaux, tous engagements à titre de caution, aval ou garanties généralement quelconques
- Toutes prestations d'intérim management
- Commerce en gros ou en détail, en ce compris le E-Commerce, l'importation, l'exportation, la vente, l'achat, la distribution, la représentation de tous produits, marchandises ou services
- Toutes opérations de mandat, de gestion, ou de commission relatives aux opérations ci-dessus décrites
- Toutes opérations d’achat, la construction, la location et la vente de biens immeubles ou de terrains bâtis et non bâtis
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, par simple décision de l’organe d'administration, pour autant que pareil déplacement n’impose pas la…” (deed in French)
- Elected domicileThe address where directors or the company receive official documents.
- “Pour l'exécution des présents statuts, domicilié à l'étranger” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Administration - nomination et mandat, A moins que l'assemblée générale n'en décide autrement lors de la nomination, l'assemblée générale…” (deed in French)“Tout administrateur peut donner mandat à un collègue par écrit ou tout autre moyen de communication ayant un support matériel pour le…” (deed in French)2 more provisions on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Les nouvelles actions à souscrire en numéraire, les obligations convertibles et les droits de souscription doivent être offerts par…” (deed in French)
- Records ruleWhich registers the company keeps, such as the share register, and how.
- “Procès-verbaux signés par les actionnaires qui en feront la demande, extraits et copie signés par un administrateur” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Le décès de l'actionnaire unique n'entraîne pas la dissolution de la société, cession et transmission des actions - actionnaire unique” (deed in French)“Cession et transmission des actions - pluralité d'actionnaires, L'actionnaire cédant devra adresser à l'organe d'administration, sous pli…” (deed in French)
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- “Conférer à l’organe d'administration le pouvoir d’émettre des actions nouvelles, des obligations convertibles ou des droits de souscription…” (deed in French)
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Dans les limites fixées par la loi, assemblée générale” (deed in French)
Meetings and financial year
- Meeting noticeHow and how far ahead shareholders are invited to a meeting; by law at least fifteen days.
- One provision in the deed
- Adjournment ruleWhen the board may postpone a meeting; by law once, by three weeks.
- “Débattre sur le même ordre du jour et statue définitivement, la prorogation n'annule pas toutes les décisions prises sauf décision contraire…” (deed in French)
- Proxy ruleWhether a shareholder may be represented at the meeting by someone else.
- “Chaque actionnaire peut se faire représenter par un tiers, actionnaire ou non, porteur d'une procuration spéciale, l'assemblée délibère…” (deed in French)
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- One provision in the deed
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Dans le respect des conditions prévues à l'article 2:80 du Code des sociétés et des associations, une dissolution et une clôture de la…” (deed in French)