WAMAT
ActiveSummary
WAMAT has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €9,628 and a net result of €10,074. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 5899 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability93▲+11
Solvency41▲+17
Growth57▲+1
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.6 against 0.5 in 2023; short-term debt: 82% and cash: 35% of total assets), and 83.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Services to buildings and landscape activities (NACE 81)
about 79% more 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 2024Solvency, return and age of the figures
Solvency
16.1%
Return on assets
16.9%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 5899 sector peers (2024).
NBB · sector comparisonPosition among 5899 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
28 d late
2022
13 d early
2021
23 d late
2020
31 d late
2019
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 21 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Turnover
€103,654▲ 8.9%
2023 · €95,170
EBIT margin
9.9%▲ 7.1pp
2023 · 2.8%
Net result
€10,074▲ 468%
2023 · €1,774
Working capital
-€19,560▲ 23.5%
2023 · -€25,562
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€57,937▼ 23.5%€84,979▲ 46.7%€95,170€103,654▲ 8.9%
Operating result€209▼ 93.7%€10,142▲ 4,753%-€25,973€2,678€10,264▲ 283%
Net result-€370below the sector's middle half€9,179within the sector's middle half-€27,182below the sector's middle half€1,774within the sector's middle half€10,074within the sector's middle half▲ 468%
EBIT margin0.4%▼ 4.0pp11.9%▲ 11.6pp2.8%9.9%▲ 7.1pp
Equity€15,783within the sector's middle half▼ 2.3%€24,962within the sector's middle half▲ 58.2%-€2,220below the sector's middle half-€446below the sector's middle half▲ 79.9%€9,628below the sector's middle half
Total assets€53,769below the sector's middle half▲ 71.3%€69,673within the sector's middle half▲ 29.6%€62,107within the sector's middle half▼ 10.9%€60,265within the sector's middle half▼ 3.0%€59,657within the sector's middle half▼ 1.0%
Debt€37,986▲ 149%€44,711▲ 17.7%€64,327▲ 43.9%€60,711▼ 5.6%€50,029▼ 17.6%
Working capital-€4,697within the sector's middle half-€6,025below the sector's middle half▼ 28.3%-€31,714below the sector's middle half▼ 426%-€25,562below the sector's middle half▲ 19.4%-€19,560below the sector's middle half▲ 23.5%
Solvency29.4%within the sector's middle half▼ 22.1pp35.8%within the sector's middle half▲ 6.5pp-3.6%below the sector's middle half▼ 39.4pp-0.7%below the sector's middle half▲ 2.8pp16.1%below the sector's middle half▲ 16.9pp
Current ratio0.72below the sector's middle half▼ 0.890.79below the sector's middle half▲ 0.070.33below the sector's middle half▼ 0.450.50below the sector's middle half▲ 0.170.60below the sector's middle half▲ 0.10
Return on assets (ROA)-0.7%below the sector's middle half▼ 11.0pp13.2%within the sector's middle half▲ 13.9pp-43.8%below the sector's middle half▼ 56.9pp2.9%within the sector's middle half▲ 46.7pp16.9%within the sector's middle half▲ 13.9pp
above
within
below
the middle half (P25 to P75) of NACE 81, Services to buildings and landscape 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
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 283% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €59,657
Fixed assets
€30,301 ▼ 11.4%
Current assets
€29,356 ▲ 12.7%
Equity and liabilities €59,657
Equity
€9,628
Debt
€50,029
Debt finances 83.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€29,732▲
2023 · €23,584
Cash flow
€29,542▲
2023 · €22,680
Debt to equity
5.20
ROE
104.6%
Interest coverage
33.86▲
2023 · 23.68
Debt ≤ 1 year
€48,916▼
2023 · €51,613
Debt > 1 year
€1,113▼
2023 · €9,098
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,815 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.8%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 3,815 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €57,937 | €84,979 | - | €95,170 | €103,654 | ▲ 8.9% |
| Non-recurring operating income76A | - | - | €2,326 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €59,172 | - | €71,319 | €73,613 | ▲ 3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,621 | €15,114 | €19,690 | €20,906 | €19,468 | ▼ 6.9% |
| Other operating charges640/8 | - | €767 | €1,732 | €1,158 | €1,245 | ▲ 7.5% |
| Gross operating margin9900 | €14,804 | €26,023 | -€4,551 | €24,742 | €30,977 | ▲ 25.2% |
| Operating profit (loss)9901 | €209 | €10,142 | -€25,973 | €2,678 | €10,264 | ▲ 283% |
| Financial income75/76B | - | €25 | €2 | €92 | €688 | ▲ 648% |
| Recurring financial income75 | €758 | €25 | €2 | €92 | €688 | ▲ 648% |
| Financial charges65/66B | - | €988 | €1,211 | €996 | €878 | ▼ 11.8% |
| Recurring financial charges65 | €1,337 | €988 | €1,211 | €996 | €878 | ▼ 11.8% |
| Profit (loss) for the period before taxes9903 | -€370 | €9,179 | -€27,182 | €1,774 | €10,074 | ▲ 468% |
| Profit (loss) for the period9904 | -€370 | €9,179 | -€27,182 | €1,774 | €10,074 | ▲ 468% |
| Profit (loss) for the period to be appropriated9905 | -€370 | €9,179 | -€27,182 | €1,774 | €10,074 | ▲ 468% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €53,769 | €69,673 | €62,107 | €60,265 | €59,657 | ▼ 1.0% |
| Fixed assets21/28 | €41,748 | €47,235 | €46,190 | €34,214 | €30,301 | ▼ 11.4% |
| Tangible fixed assets22/27 | €41,748 | €47,235 | €46,190 | €34,214 | €30,301 | ▼ 11.4% |
| Plant, machinery and equipment23 | - | €14,904 | €8,438 | €6,109 | €13,048 | ▲ 114% |
| Furniture and vehicles24 | - | €32,331 | €37,752 | €28,105 | €17,253 | ▼ 38.6% |
| Current assets29/58 | €12,021 | €22,438 | €15,917 | €26,051 | €29,356 | ▲ 12.7% |
| Amounts receivable within one year40/41 | €12,021 | €20,452 | €12,424 | €25,871 | €8,505 | ▼ 67.1% |
| Trade receivables40 | - | €20,452 | €11,383 | €25,871 | €8,055 | ▼ 68.9% |
| Other amounts receivable41 | - | - | €1,041 | - | €450 | - |
| Cash at bank and in hand54/58 | - | €1,986 | €3,493 | €180 | €20,851 | ▲ 11,484% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €53,769 | €69,673 | €62,107 | €60,265 | €59,657 | ▼ 1.0% |
| Equity10/15 | €15,783 | €24,962 | -€2,220 | -€446 | €9,628 | ▲ 2,259% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €200 | €200 | €200 | €200 | €200 | = |
| Non-distributable reserves130/1 | - | €200 | €200 | €200 | €200 | = |
| Reserves not available under the articles1311 | - | €200 | €200 | €200 | €200 | = |
| Profit (loss) carried forward14 | -€3,017 | €6,162 | -€21,020 | -€19,246 | -€9,172 | ▲ 52.3% |
| Amounts payable17/49 | €37,986 | €44,711 | €64,327 | €60,711 | €50,029 | ▼ 17.6% |
| Amounts payable after more than one year17 | €21,268 | €16,248 | €16,696 | €9,098 | €1,113 | ▼ 87.8% |
| Financial debts170/4 | - | €16,248 | €16,696 | €9,098 | €1,113 | ▼ 87.8% |
| Amounts payable within one year42/48 | €16,718 | €28,463 | €47,631 | €51,613 | €48,916 | ▼ 5.2% |
| Current portion of amounts payable after more than one year42 | - | €5,020 | €7,482 | €7,597 | €7,896 | ▲ 3.9% |
| Financial debts43 | - | €4,065 | - | - | - | - |
| Credit institutions430/8 | - | €4,065 | - | - | - | - |
| Trade debts44 | €4,916 | - | €6,895 | €5,640 | €8,072 | ▲ 43.1% |
| Suppliers440/4 | - | - | €6,895 | €5,640 | €8,072 | ▲ 43.1% |
| Taxes, remuneration and social security45 | - | €1,870 | - | €2,392 | €481 | ▼ 79.9% |
| Taxes450/3 | - | €1,870 | - | €2,392 | €481 | ▼ 79.9% |
| Other amounts payable47/48 | - | €17,508 | €33,254 | €35,984 | €32,467 | ▼ 9.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€370 | €9,179 | -€27,182 | €1,774 | €10,074 | ▲ 468% |
| + Depreciation and write-downs630 | €13,621 | €15,114 | €19,690 | €20,906 | €19,468 | ▼ 6.9% |
| Operating cash flow (approximation) | €13,251 | €24,293 | -€7,492 | €22,680 | €29,542 | ▲ 30.3% |
| Investment in fixed assets (approximation) | - | -€20,601 | -€18,645 | -€8,930 | -€15,555 | ▼ 74.2% |
| Change in cash | - | - | €1,507 | -€3,313 | €20,671 | ▲ 724% |
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
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Highest result since 2018net €10,074 ▲468%
Operating result €10,264, net result €10,074, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Back to profitnet €1,774
Net result €1,774 after one loss-making year.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€27,182
Net result drops to -€27,182, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial
Back to profitnet €9,179
Net result €9,179 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 30 days late
2019
31-12
Financial
Back to profitnet €3,223
Net result €3,223 after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
Show earlier events
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Huy · 1 establishment unit since 2001
Ground area
697 m²
Building footprint
96 m²
Volume, LiDAR
667 m³
Parcel 61061A0530/00T002, Wallonia · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Golettes 22, 4500 Huy
since 20012.101.349.008
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61061A0530/00T002 | Wallonia | 697 m² | 1 · 96 m² | 9.4 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.
Similar companies · same sector, comparable size
JDS Plant
BE 0833.406.974
Boechout · Eq €9,625
Stijn Holsbeek
BE 0793.283.915
Diepenbeek · Eq €9,632
TERRA TUINEN
BE 0696.634.994
Antwerpen · Eq €9,608
VAN KERKHOVEN
BE 0805.504.529
Bekkevoort · Eq €9,662
BODY DRIVE EXPERIENCE
BE 0635.680.392
Fontaine-l'Evêque · Eq €9,665
Of 21,225 companies in sector 81300 we hold annual accounts for 4,369. 2,373 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
Founded03-07-2001
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0475165089
Also
9925:BE0475165089
Registered
09-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.