WAMAN
ActiveSummary
WAMAN has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€37,916) and a net result of -€5,302. Equity is shrinking by ~47.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 12860 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67=
Solvency16▼-2
Growth38=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.03 against 0.02 in 2024; short-term debt: 94.5% and cash: 0.2% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← 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 · 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 2025Solvency, return and age of the figures
Solvency
-8.5%
Return on assets
-1.2%
Age of the figures
15 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€37,916
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 07-01-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
60 d early
2023
53 d early
2022
64 d early
2021
60 d early
2020
41 d early
2019
65 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 52 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 2 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#1 oldest company in Houffalize, Professional and technical services sector#8 company by total assets in Houffalize, Professional and technical services sector
Turnover
€4,484▼ 37.4%
2020 · €7,161
EBIT margin
-259.4%▼ 283.5pp
2020 · 24.1%
Net result
-€5,302▲ 35.7%
2024 · -€8,248
Working capital
-€407,748▲ 3.0%
2024 · -€420,555
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 69, Legal and accounting 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
Line20212022202320242025
Turnover€4,484▼ 37.4%
Operating result-€11,633-€11,954▼ 2.8%-€5,923▲ 50.4%-€7,251▼ 22.4%-€4,536▲ 37.4%
Net result-€12,805below the sector's middle half-€13,104below the sector's middle half▼ 2.3%-€6,950below the sector's middle half▲ 47.0%-€8,248below the sector's middle half▼ 18.7%-€5,302below the sector's middle half▲ 35.7%
EBIT margin-259.4%▼ 283.5pp
Equity-€4,312below the sector's middle half-€17,416below the sector's middle half▼ 304%-€24,366below the sector's middle half▼ 39.9%-€32,614below the sector's middle half▼ 33.9%-€37,916below the sector's middle half▼ 16.3%
Total assets€525,951above the sector's middle half▼ 3.9%€501,475within the sector's middle half▼ 4.7%€481,478within the sector's middle half▼ 4.0%€462,604within the sector's middle half▼ 3.9%€443,934within the sector's middle half▼ 4.0%
Debt€530,263▼ 1.6%€518,891▼ 2.1%€505,844▼ 2.5%€495,218▼ 2.1%€481,850▼ 2.7%
Working capital-€447,598below the sector's middle half▲ 1.3%-€442,091below the sector's middle half▲ 1.2%-€430,590below the sector's middle half▲ 2.6%-€420,555below the sector's middle half▲ 2.3%-€407,748below the sector's middle half▲ 3.0%
Solvency-0.8%below the sector's middle half▼ 2.4pp-3.5%below the sector's middle half▼ 2.7pp-5.1%below the sector's middle half▼ 1.6pp-7.1%below the sector's middle half▼ 2.0pp-8.5%below the sector's middle half▼ 1.5pp
Current ratio0.01below the sector's middle half=0.00below the sector's middle half=0.01below the sector's middle half▲ 0.010.02below the sector's middle half▲ 0.010.03below the sector's middle half▲ 0.01
Return on assets (ROA)-2.4%below the sector's middle half▼ 2.5pp-2.6%below the sector's middle half▼ 0.2pp-1.4%below the sector's middle half▲ 1.2pp-1.8%below the sector's middle half▼ 0.3pp-1.2%below the sector's middle half▲ 0.6pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4,536 in 2025 against €7,251 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €443,934
Fixed assets
€432,046 ▼ 4.9%
Current assets
€11,888 ▲ 45.8%
Key figures and ratios
EBITDA
€17,868▲
2024 · €15,152
Cash flow
€17,102▲
2024 · €14,155
Debt to equity
-12.71▲
2024 · -15.18
Interest coverage
23.33▲
2024 · 15.20
Debt ≤ 1 year
€419,635▼
2024 · €428,709
Debt > 1 year
€62,214▼
2024 · €66,509
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,795 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- negative equity
- a small loss
2.1%
went bankrupt
6.0%
stopped otherwise
90%
still going
A further 1.6% 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 497,340 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% 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 2,795 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €4,484 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,403 | €22,403 | €22,897 | €22,403 | €22,403 | = |
| Other operating charges640/8 | - | €1,290 | €1,268 | €1,392 | €1,418 | ▲ 1.9% |
| Gross operating margin9900 | €11,831 | €11,739 | €18,241 | €16,544 | €19,286 | ▲ 16.6% |
| Operating profit (loss)9901 | -€11,633 | -€11,954 | -€5,923 | -€7,251 | -€4,536 | ▲ 37.4% |
| Financial income75/76B | - | €2 | €0 | - | - | - |
| Recurring financial income75 | €25 | €2 | €0 | - | - | - |
| Financial charges65/66B | - | €1,152 | €1,026 | €997 | €766 | ▼ 23.2% |
| Recurring financial charges65 | €1,184 | €1,152 | €1,026 | €997 | €766 | ▼ 23.2% |
| Profit (loss) for the period before taxes9903 | -€12,792 | -€13,104 | -€6,950 | -€8,248 | -€5,302 | ▲ 35.7% |
| Income taxes67/77 | €13 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€12,805 | -€13,104 | -€6,950 | -€8,248 | -€5,302 | ▲ 35.7% |
| Profit (loss) for the period to be appropriated9905 | -€12,805 | -€13,104 | -€6,950 | -€8,248 | -€5,302 | ▲ 35.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €525,951 | €501,475 | €481,478 | €462,604 | €443,934 | ▼ 4.0% |
| Fixed assets21/28 | €521,660 | €499,256 | €476,853 | €454,450 | €432,046 | ▼ 4.9% |
| Tangible fixed assets22/27 | €521,055 | €498,651 | €476,248 | €453,845 | €431,441 | ▼ 4.9% |
| Land and buildings22 | - | €490,709 | €470,291 | €449,873 | €429,456 | ▼ 4.5% |
| Plant, machinery and equipment23 | - | €7,942 | €5,957 | €3,971 | €1,986 | ▼ 50.0% |
| Financial fixed assets28 | €605 | €605 | €605 | €605 | €605 | = |
| Current assets29/58 | €4,291 | €2,218 | €4,625 | €8,154 | €11,888 | ▲ 45.8% |
| Amounts receivable within one year40/41 | €2,563 | €923 | €1,481 | €706 | €10,848 | ▲ 1,436% |
| Trade receivables40 | - | €769 | €1,481 | €706 | €10,848 | ▲ 1,436% |
| Other amounts receivable41 | - | €154 | - | - | - | - |
| Cash at bank and in hand54/58 | €1,728 | €1,296 | €3,144 | €7,447 | €1,040 | ▼ 86.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €525,951 | €501,475 | €481,478 | €462,604 | €443,934 | ▼ 4.0% |
| Equity10/15 | -€4,312 | -€17,416 | -€24,366 | -€32,614 | -€37,916 | ▼ 16.3% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€24,764 | -€37,868 | -€44,818 | -€53,066 | -€58,368 | ▼ 10.0% |
| Amounts payable17/49 | €530,263 | €518,891 | €505,844 | €495,218 | €481,850 | ▼ 2.7% |
| Amounts payable after more than one year17 | €78,374 | €74,581 | €70,629 | €66,509 | €62,214 | ▼ 6.5% |
| Financial debts170/4 | - | €74,581 | €70,629 | €66,509 | €62,214 | ▼ 6.5% |
| Amounts payable within one year42/48 | €451,889 | €444,309 | €435,215 | €428,709 | €419,635 | ▼ 2.1% |
| Financial debts43 | - | €3,792 | €3,953 | €4,120 | €4,294 | ▲ 4.2% |
| Credit institutions430/8 | - | €3,792 | €3,953 | €4,120 | €4,294 | ▲ 4.2% |
| Trade debts44 | €217 | €229 | - | €264 | €755 | ▲ 186% |
| Suppliers440/4 | - | €229 | - | €264 | €755 | ▲ 186% |
| Taxes, remuneration and social security45 | - | - | €156 | €94 | €97 | ▲ 2.8% |
| Taxes450/3 | - | - | €156 | €94 | €97 | ▲ 2.8% |
| Other amounts payable47/48 | - | €440,288 | €431,106 | €424,231 | €414,489 | ▼ 2.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€12,805 | -€13,104 | -€6,950 | -€8,248 | -€5,302 | ▲ 35.7% |
| + Depreciation and write-downs630 | €22,403 | €22,403 | €22,897 | €22,403 | €22,403 | = |
| Operating cash flow (approximation) | €9,599 | €9,299 | €15,948 | €14,155 | €17,102 | ▲ 20.8% |
| Investment in fixed assets (approximation) | - | €0 | -€494 | €0 | €0 | - |
| Change in cash | - | -€433 | €1,848 | €4,304 | -€6,408 | ▼ 249% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
02-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
09-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
28-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Weakest financial yearnet -€13,104
Net result drops to -€13,104, the lowest in the series; recovery starts the following year.
2021
02-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Back to profitnet €219
Net result €219 after one loss-making year.
2019
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
14-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
26-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
19-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Houffalize · 1 establishment unit since 2017
Ground area
2,892 m²
Building footprint
127 m²
Parcel 82027A0410/00M000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Chabrehez, Tailles 31, 6661 Houffalize
since 20172.268.743.094
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82027A0410/00M000 | Wallonia | 2,892 m² | 1 · 127 m² | - |
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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Of 12,174 companies in sector 69201 we hold annual accounts for 7,641. 2,814 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded09-09-1997
Fiscal year end30-06
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Contact
E-mail
luc.sterkens@telenet.beHouffalize
Phone
0496 282 111Houffalize
E-invoicing
Reachable via Peppol
Peppol ID
0208:0461396237
Also
9925:BE0461396237
Registered
03-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.