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WAJITEC

Active
Private limited companyfounded 20224 yrs activeMiddenstraat(Zan) 11, 9506 Geraardsbergen, BelgiumKBO/BCE: BE 0791.695.390
Summary

The computed 12-month bankruptcy probability of WAJITEC is 2.3% (moderate). The 2025 annual accounts show equity of €31,244 and a net result of €2,855. Equity is growing by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 74% of 8061 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
How big
€47,858total assets 2025
Equity
€31,244
Profit
€2,855
Turnover not published (abridged schema)
Financially healthy?
67 Healthy Checked score 2025
Bankruptcy chance 12 m
2.3%
Who decides
Accounts filed 29 d late0 of 1 deed read
Why 67- Limited track record- Higher-failure-rate sector+ Annual accounts: healthy financial profileFiled after the deadlineShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability76▼-6
Solvency90▼-2
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.35 against 2.26 in 2024; short-term debt: 34.7% and cash: 17.2% of total assets), and 34.7% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
65.3%
Return on assets
6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 4 filings
Deviation from the deadline
2025
29 d late
2024
28 d late
2023
22 d late
2022
14 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 23 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

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. Usually files around 26 August (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Weakest financial yearnet €2,855 ▼35.7%
  3. Annual accounts filedfiscal year 2024 · micro…

Financials

Fiscal year 2025Total assets €47,858Profit €2,855Solvency 65.3%Liquidity 1.35
Total assets
€47,858▲ 12.8%
2022 - 2025
Net result
€2,855▼ 35.7%
2023 - 2025
Equity
€31,244▲ 10.1%
2022 - 2025
Solvency
65.3%▼ 1.6pp
2022 - 2025

Financials · fiscal year 2025, abbreviated schema

Trend over the years4 fiscal years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line2022202320242025
Operating result€5,233€6,237▲ 19.2%€3,985▼ 36.1%
Net result€3,948within the sector's middle half€4,442within the sector's middle half▲ 12.5%€2,855within the sector's middle half▼ 35.7%
Equity€20,000below the sector's middle half-€23,948within the sector's middle half▲ 19.7%€28,390within the sector's middle half▲ 18.5%€31,244below the sector's middle half▲ 10.1%
Total assets€20,000below the sector's middle half-€34,331below the sector's middle half▲ 71.7%€42,442below the sector's middle half▲ 23.6%€47,858below the sector's middle half▲ 12.8%
Debt€10,383€14,053▲ 35.3%€16,613▲ 18.2%
Working capital€9,684within the sector's middle half€17,692within the sector's middle half▲ 82.7%€5,883below the sector's middle half▼ 66.7%
Solvency100.0%above the sector's middle half-69.8%above the sector's middle half▼ 30.2pp66.9%within the sector's middle half▼ 2.9pp65.3%within the sector's middle half▼ 1.6pp
Current ratio1.93within the sector's middle half2.26within the sector's middle half▲ 0.331.35within the sector's middle half▼ 0.90
Return on assets (ROA)11.5%within the sector's middle half10.5%within the sector's middle half▼ 1.0pp6.0%within the sector's middle half▼ 4.5pp
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
€0€2,000€4,000€6,000Operating result 2023: €5,233€5,233Net result 2023: €3,948€3,948Operating result 2024: €6,237€6,237Net result 2024: €4,442€4,442Operating result 2025: €3,985€3,985Net result 2025: €2,855€2,8552022202320242025€0€2,000€4,000€6,000Operating result 2023: €5,233€5,230Net result 2023: €3,948€3,950Operating result 2024: €6,237€6,240Net result 2024: €4,442€4,440Operating result 2025: €3,985€3,980Net result 2025: €2,855€2,850202320242025
The operating result falls in 2025; 2025 is 36% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €47,858
Fixed assets €25,362 ▲ 137%
Current assets €22,496 ▼ 29.1%
Equity and liabilities €47,858
Equity €31,244 ▲ 10.1%
Debt €16,613 ▲ 18.2%
Debt's share of the balance-sheet total rises from 33.1% to 34.7%. Equity and debt are higher.
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
EBITDA
€7,551▼
2024 · €9,803
Cash flow
€6,421▼
2024 · €8,008
Debt to equity
0.53▲
2024 · 0.49
ROE
9.1%▼
2024 · 15.6%
Interest coverage
42.26▼
2024 · 63.96
Debt ≤ 1 year
€16,613▲
2024 · €14,053
Income taxes
€952▼
2024 · €1,642
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.3% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 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 39,278 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.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€42,442€47,858▲
Fixed assets21/28€10,698€25,362▲
Tangible fixed assets22/27€10,698€25,362▲
Plant, machinery and equipment23€3,498€2,332▼
Furniture and vehicles24€7,200€23,030▲
Current assets29/58€31,744€22,496▼
Amounts receivable within one year40/41€11,300€14,275▲
Trade receivables40€11,098€11,721▲
Other amounts receivable41€202€2,554▲
Cash at bank and in hand54/58€19,801€8,221▼
Deferred charges and accrued income490/1€643-
Equity and liabilities
Total equity and liabilities10/49€42,442€47,858▲
Equity10/15€28,390€31,244▲
Contributions10/11€20,000€20,000=
Capital10€20,000€20,000=
Issued capital100€20,000€20,000=
Reserves13€200€200=
Non-distributable reserves130/1€200€200=
Legal reserve130€200€200=
Profit (loss) carried forward14€8,190€11,044▲
Amounts payable17/49€14,053€16,613▲
Amounts payable within one year42/48€14,053€16,613▲
Trade debts44€6,657€5,220▼
Suppliers440/4€6,657€5,220▼
Taxes, remuneration and social security45€1,545€2,432▲
Taxes450/3€1,545€2,432▲
Other amounts payable47/48€5,851€8,961▲
Income statement Code20242025
Goods, raw materials, services and sundry goods60/61€58,422€53,978▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,566€3,566=
Other operating charges640/8€789€1,018▲
Gross operating margin9900€10,592€8,569▼
Operating profit (loss)9901€6,237€3,985▼
Financial charges65/66B€153€179▲
Recurring financial charges65€153€179▲
Profit (loss) for the period before taxes9903€6,084€3,806▼
Income taxes67/77€1,642€952▼
Profit (loss) for the period9904€4,442€2,855▼
Profit (loss) for the period to be appropriated9905€4,442€2,855▼
Appropriation of the result
Profit (loss) to be appropriated9906€8,190€11,044▲
Profit (loss) brought forward from the previous period14P€3,748€8,190▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Goods, raw materials, services and sundry goods60/61-€32,331€58,422€53,978▼ 7.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€4,558€3,566€3,566=
Other operating charges640/8-€984€789€1,018▲ 29.0%
Gross operating margin9900-€10,775€10,592€8,569▼ 19.1%
Operating profit (loss)9901-€5,233€6,237€3,985▼ 36.1%
Financial charges65/66B-€38€153€179▲ 16.6%
Recurring financial charges65-€38€153€179▲ 16.6%
Profit (loss) for the period before taxes9903-€5,195€6,084€3,806▼ 37.4%
Income taxes67/77-€1,247€1,642€952▼ 42.0%
Profit (loss) for the period9904-€3,948€4,442€2,855▼ 35.7%
Profit (loss) for the period to be appropriated9905-€3,948€4,442€2,855▼ 35.7%
Line2022202320242025Change
Assets
Total assets20/58€20,000€34,331€42,442€47,858▲ 12.8%
Fixed assets21/28-€14,264€10,698€25,362▲ 137%
Tangible fixed assets22/27-€14,264€10,698€25,362▲ 137%
Plant, machinery and equipment23-€4,664€3,498€2,332▼ 33.3%
Furniture and vehicles24-€9,600€7,200€23,030▲ 220%
Current assets29/58€20,000€20,067€31,744€22,496▼ 29.1%
Amounts receivable within one year40/41-€9,415€11,300€14,275▲ 26.3%
Trade receivables40-€6,892€11,098€11,721▲ 5.6%
Other amounts receivable41-€2,523€202€2,554▲ 1,166%
Cash at bank and in hand54/58€20,000€10,652€19,801€8,221▼ 58.5%
Deferred charges and accrued income490/1--€643--
Equity and liabilities
Total equity and liabilities10/49€20,000€34,331€42,442€47,858▲ 12.8%
Equity10/15€20,000€23,948€28,390€31,244▲ 10.1%
Contributions10/11€20,000€20,000€20,000€20,000=
Capital10€20,000€20,000€20,000€20,000=
Issued capital100€20,000€20,000€20,000€20,000=
Reserves13-€200€200€200=
Non-distributable reserves130/1-€200€200€200=
Legal reserve130-€200€200€200=
Profit (loss) carried forward14-€3,748€8,190€11,044▲ 34.9%
Amounts payable17/49-€10,383€14,053€16,613▲ 18.2%
Amounts payable within one year42/48-€10,383€14,053€16,613▲ 18.2%
Trade debts44-€5,676€6,657€5,220▼ 21.6%
Suppliers440/4-€5,676€6,657€5,220▼ 21.6%
Taxes, remuneration and social security45-€1,377€1,545€2,432▲ 57.4%
Taxes450/3-€1,377€1,545€2,432▲ 57.4%
Other amounts payable47/48-€3,330€5,851€8,961▲ 53.2%
Line2022202320242025Change
Profit (loss) for the period9904-€3,948€4,442€2,855▼ 35.7%
+ Depreciation and write-downs630-€4,558€3,566€3,566=
Operating cash flow (approximation)-€8,506€8,008€6,421▼ 19.8%
Investment in fixed assets (approximation)--€0-€18,230-
Change in cash--€9,348€9,149-€11,581▼ 227%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Comparable companies5

Timeline

6 eventsLatest 29-08-2026Next filing 31-07-2027

History

WAJITEC was incorporated on 30 September 2022 as a Private limited company.1 Total assets rose from €20,000 in 2022 to €47,858 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 29 days late
2025
31-12
Financial Weakest financial yearnet €2,855 ▼35.7%
Net result drops to €2,855, the lowest in the series.
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial Highest result since 2023net €4,442 ▲12.5%
Operating result €6,237, net result €4,442, both a record.
22-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
14-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Company details

Private limited company · founded 30-09-2022Year ends 31-12Peppol not found1 site

Register details

Identification
Legal formPrivate limited company
Founded30-09-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
43230Insulation installation
Contact
E-mail wajitec@gmail.com
Phone 0484590239Geraardsbergen
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 1 October 2026 · Peppol Directory

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

Sites & property

Location & real-estate footprint
Registered office, Geraardsbergen · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
152 m²
Building footprint
76 m²
Volume, LiDAR
523 m³
Parcel 41078A0039/00W000, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WAJITEC
Middenstraat(Zan) 11, 9506 GeraardsbergenManufacture of metal structures and parts of structures
since 2022unit no. 2.337.729.395
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41078A0039/00W000 Flanders 152 m² 1 · 76 m² 11.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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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