WAGAND
ActiveThe computed 12-month bankruptcy probability of WAGAND is 3.0% (moderate). The 2024 annual accounts show equity of €23k and a net result of €-2k. Equity is growing by ~17.8% per year across the filed fiscal years. Its solvency ranks better than 81% of 5898 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
70
/ 100
Healthy▼ -30 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency100=
Growth52=
Stability94
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.77 against 2.91 in 2023), and 27.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
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
72.8%
Return on assets
-6.5%
Age of the figures
20 mo
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 22-05-2025, 70 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
70 d early
2023
64 d early
2022
41 d early
2021
19 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€23k▼ 8.2%
2023 · €25k
2021: €14k
2022: €18k
2023: €25k
2021 → 2024
Total assets
€31k▼ 6.3%
2023 · €34k
2021: €29k
2022: €29k
2023: €34k
2021 → 2024
Net result
€-2k
2023 · €7k
2021: €9k
2022: €4k
2023: €7k
2021 → 2024
Working capital
€15k▲ 2.8%
2023 · €15k
2021: €6k
2022: €7k
2023: €15k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€14k-€18k▲ 30.0%€25k▲ 42.1%€23k▼ 8.2%
Operating result€11k-€5k▼ 57.1%€10k▲ 114%€1k▼ 88.0%
Net result€9k-€4k▼ 52.4%€7k▲ 82.6%€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 88% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €31k
Fixed assets
€8k▼ 30.4%
Current assets
€24k▲ 5.6%
Equity and liabilities €31k
Equity
€23k▼ 8.2%
Debt
€9k▼ 0.8%
The debt ratio rises from 25.7% to 27.2%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€5k▼
2023 · €16k
Cash flow
€1k▼
2023 · €13k
Solvency
72.8%▼
2023 · 74.3%
Current ratio
2.77▼
2023 · 2.91
Quick ratio
2.77▼
2023 · 2.91
Debt / equity
0.37▲
2023 · 0.35
ROE
-9.0%▼
2023 · 29.6%
ROA
-6.5%▼
2023 · 22.0%
Interest coverage
13.25▼
2023 · 35.88
Debt
€9k▼
2023 · €9k
Debt ≤ 1 year
€9k▲
2023 · €8k
Income taxes
€3k▲
2023 · €2k
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€34k€31k▼
Fixed assets21/28€11k€8k▼
Intangible fixed assets21€16-
Tangible fixed assets22/27€11k€8k▼
Plant, machinery and equipment23€11k€8k▼
Furniture and vehicles24€129-
Current assets29/58€22k€24k▲
Amounts receivable within one year40/41€3k€2k▼
Trade receivables40€3k€2k▼
Other amounts receivable41-€924
Cash at bank and in hand54/58€19k€21k▲
Deferred charges and accrued income490/1€506€507▲
Equity and liabilities
Total equity and liabilities10/49€34k€31k▼
Equity10/15€25k€23k▼
Contributions10/11€5k€5k=
Reserves13€20k€18k▼
Distributable reserves133€20k€18k▼
Profit (loss) carried forward14€451€95▼
Amounts payable17/49€9k€9k▼
Amounts payable after more than one year17€909-
Financial debts170/4€909-
Amounts payable within one year42/48€8k€9k▲
Current portion of amounts payable after more than one year42€3k€909▼
Trade debts44€979€1k▲
Suppliers440/4€979€1k▲
Taxes, remuneration and social security45€3k€4k▲
Taxes450/3€3k€3k▲
Remuneration and social security454/9-€1k
Other amounts payable47/48€1k€3k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€3k▼
Other operating charges640/8€518€935▲
Gross operating margin9900€17k€6k▼
Operating profit (loss)9901€10k€1k▼
Financial income75/76B€17€12▼
Recurring financial income75€17€12▼
Financial charges65/66B€451€348▼
Recurring financial charges65€451€348▼
Profit (loss) for the period before taxes9903€10k€892▼
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€7k€-2k▼
Profit (loss) for the period to be appropriated9905€7k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€-2k▼
Profit (loss) brought forward from the previous period14P€554€451▼
Transfer from equity791/2-€2k
Transfer to equity691/2€8k-
To other reserves6921€8k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-2k ▼128%
Net result drops to €-2k, the lowest in the series.
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-07
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, Essen · 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.
Middenstraat 642910 EssenGround area
1,479 m²
Building footprint
183 m²
Volume, LiDAR
1,052 m³
Parcel 11642C0592/00E000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WAGAND
since 20212.312.255.613
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11642C0592/00E000 | Flanders | 1,479 m² | 1 · 183 m² | 9.8 m · 2 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 21,161 companies in sector 81300 we hold annual accounts for 4,347. 3,202 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-01-2021
Fiscal year end31-12
Activities, NACEBEL
81300Landscape service activities
74201Photography, excluding press photography
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.