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WAHOO

Active
Private limited companyfounded 201214 yrs activeEdward Pynaertkaai 65, 9050 Gent, BelgiumKBO/BCE: BE 0847.824.837
Summary

WAHOO has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €150k and a net result of €43k. Equity is shrinking by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 78% of 1518 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
94 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▲+14
Solvency100▲+8
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.98 against 1.87 in 2024; short-term debt: 23.2% and cash: 50.1% of total assets), and 23.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Sector 59
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
76.8%
Return on assets
22.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 d early
2024
31 d early
2023
26 d early
2022
21 d early
2021
34 d early
2020
30 d early
2019
30 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 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 2025, micro schema

Equity
€150k▲ 13.2%
2024 · €132k
2018: €198k 2019: €187k 2020: €133k 2021: €127k 2022: €133k 2023: €142k 2024: €132k
2018 → 2025
Total assets
€195k▼ 1.0%
2024 · €197k
2018: €227k 2019: €249k 2020: €244k 2021: €177k 2022: €166k 2023: €185k 2024: €197k
2018 → 2025
Net result
€43k▲ 88.9%
2024 · €23k
2018: €19k 2019: €33k 2020: €26k 2021: €22k 2022: €25k 2023: €29k 2024: €23k
2018 → 2025
Working capital
€90k▲ 59.6%
2024 · €56k
2018: €185k 2019: €175k 2020: €110k 2021: €104k 2022: €64k 2023: €71k 2024: €56k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€127k-€133k▲ 4.4%€142k▲ 7.2%€132k▼ 6.8%€150k▲ 13.2%
Operating result€31k-€32k▲ 1.8%€42k▲ 31.2%€33k▼ 21.1%€61k▲ 84.8%
Net result€22k-€25k▲ 14.3%€29k▲ 16.7%€23k▼ 20.7%€43k▲ 88.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2021: €31k€31kNet result 2021: €22k€22kOperating result 2022: €32k€32kNet result 2022: €25k€25kOperating result 2023: €42k€42kNet result 2023: €29k€29kOperating result 2024: €33k€33kNet result 2024: €23k€23kOperating result 2025: €61k€61kNet result 2025: €43k€43k20212022202320242025€0€20k€40k€60kOperating result 2023: €42k€42kNet result 2023: €29k€29kOperating result 2024: €33k€33kNet result 2024: €23k€23kOperating result 2025: €61k€61kNet result 2025: €43k€43k202320242025
The operating result recovers in 2025; 2025 is 85% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €195k
Fixed assets €60k ▼ 21.0%
Current assets €135k ▲ 11.6%
Equity and liabilities €195k
Equity €150k ▲ 13.2%
Debt €45k ▼ 29.9%
Debt's share of the balance-sheet total falls from 32.9% to 23.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€79k
2024 · €49k
Cash flow
€62k
2024 · €39k
Current ratio
2.98
2024 · 1.87
Debt to equity
0.30
2024 · 0.49
ROE
28.9%
2024 · 17.3%
ROA
22.2%
2024 · 11.6%
Interest coverage
403.27
2024 · 82.57
Debt ≤ 1 year
€45k
2024 · €65k
Income taxes
€18k
2024 · €10k
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 · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€197k€195k
Fixed assets21/28€76k€60k
Tangible fixed assets22/27€76k€60k
Plant, machinery and equipment23€8k€7k
Furniture and vehicles24€20k€12k
Other tangible fixed assets26€48k€42k
Financial fixed assets28€250€250=
Current assets29/58€121k€135k
Amounts receivable within one year40/41€38k€37k
Trade receivables40€38k€36k
Other amounts receivable41€497€497=
Cash at bank and in hand54/58€79k€98k
Deferred charges and accrued income490/1€4k€391
Equity and liabilities
Total equity and liabilities10/49€197k€195k
Equity10/15€132k€150k
Contributions10/11€6k€6k=
Reserves13€126k€144k
Distributable reserves133€126k€144k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€65k€45k
Amounts payable within one year42/48€65k€45k
Trade debts44€9k€4k
Suppliers440/4€9k€4k
Taxes, remuneration and social security45€21k€13k
Taxes450/3€21k€13k
Other amounts payable47/48€35k€29k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€18k
Other operating charges640/8€1k€2k
Gross operating margin9900€50k€81k
Operating profit (loss)9901€33k€61k
Financial income75/76B€92€294
Recurring financial income75€92€294
Financial charges65/66B€589€196
Recurring financial charges65€589€196
Profit (loss) for the period before taxes9903€32k€61k
Income taxes67/77€10k€18k
Profit (loss) for the period9904€23k€43k
Profit (loss) for the period to be appropriated9905€23k€43k
Appropriation of the result
Profit (loss) to be appropriated9906€23k€43k
Transfer from equity791/2€33k€26k
Transfer to equity691/2€23k€43k
To other reserves6921€23k€43k
Profit to be distributed694/7€33k€26k
Return on contributions (dividend)694€33k€26k

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €43k ▲88.9%
Operating result €61k, net result €43k, both a record.
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
05-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
10-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
01-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
03-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Gent · 1 establishment unit since 2012
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.

Edward Pynaertkaai 659050 Gent
Ground area
153 m²
Building footprint
131 m²
Volume, LiDAR
1,691 m³
Parcel 44032A0214/00S003, Flanders · tallest building 15.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Edward Pynaertkaai 65, 9050 Gent
Pre-press and pre-media services
since 20122.212.023.038
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44032A0214/00S003 Flanders 153 m² 1 · 131 m² 15.1 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.

Similar companies · same sector, comparable size

Of 484 companies in sector 59112 we hold annual accounts for 247. 186 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
Founded03-08-2012
Fiscal year end31-12
Activities, NACEBEL 2025
59112Motion picture, video and television programme production, sound recording and music publishing activities
59114Motion picture, video and television programme production, sound recording and music publishing activities
60100Programming, broadcasting, news agency and other content distribution activities
63910Web portal activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.