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WANDA

Active
Private limited companyfounded 2011active for 14 yearsCogels-Osylei 6, 2600 Antwerpen, BelgiumKBO/BCE: BE 0840.969.313

Financials · financial year 2025, micro format

2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00508283.

Annual accounts 2025 filed on 31-08-2026 at the NBB all 13 filings

Turnover
≈ €120,000
Estimated: probably between €62,000 and €220,000
Total assets
€426,160▼ 12.8%
2024 · €488,677
Net result
€37,566▼ 49.4%
2024 · €74,222
Working capital
€291,054▼ 15.1%
2024 · €342,652
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is 82% lower than in 2024 and the lowest since 2021.

Operating result€15,181 2025 Net result€37,566 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€58,490-€100,998▲ 72.7%€84,268▼ 16.6%€103,315▲ 22.6%€81,958▼ 20.7%€52,459▼ 36.0%€83,399▲ 59.0%€15,181▼ 81.8%
Net result€41,801-€72,086▲ 72.5%€60,118within the sector's middle half▼ 16.6%€75,802within the sector's middle half▲ 26.1%€61,978above the sector's middle half▼ 18.2%€46,145above the sector's middle half▼ 25.5%€74,222above the sector's middle half▲ 60.8%€37,566within the sector's middle half▼ 49.4%
Equity€294,436-€366,522▲ 24.5%€432,841within the sector's middle half▲ 18.1%€407,104within the sector's middle half▼ 5.9%€408,581above the sector's middle half▲ 0.4%€390,726above the sector's middle half▼ 4.4%€370,948above the sector's middle half▼ 5.1%€322,514above the sector's middle half▼ 13.1%
Total assets€345,088-€386,108▲ 11.9%€464,851within the sector's middle half▲ 20.4%€441,925within the sector's middle half▼ 4.9%€487,909above the sector's middle half▲ 10.4%€467,383above the sector's middle half▼ 4.2%€488,677above the sector's middle half▲ 4.6%€426,160above the sector's middle half▼ 12.8%
Debt€50,652-€19,586▼ 61.3%€32,011▲ 63.4%€34,822▲ 8.8%€79,327▲ 128%€76,657▼ 3.4%€117,729▲ 53.6%€103,646▼ 12.0%
Working capital€268,251-€341,868▲ 27.4%€410,509above the sector's middle half▲ 20.1%€387,273within the sector's middle half▼ 5.7%€385,939above the sector's middle half▼ 0.3%€361,950above the sector's middle half▼ 6.2%€342,652above the sector's middle half▼ 5.3%€291,054above the sector's middle half▼ 15.1%
Solvency85.3%-94.9%▲ 9.6pp93.1%above the sector's middle half▼ 1.8pp92.1%above the sector's middle half▼ 1.0pp83.7%above the sector's middle half▼ 8.4pp83.6%above the sector's middle half▼ 0.1pp75.9%above the sector's middle half▼ 7.7pp75.7%above the sector's middle half▼ 0.2pp
Current ratio6.30-18.45▲ 12.1614.06above the sector's middle half▼ 4.4012.56above the sector's middle half▼ 1.495.87above the sector's middle half▼ 6.705.72above the sector's middle half▼ 0.143.91within the sector's middle half▼ 1.813.84within the sector's middle half▼ 0.07
Return on assets (ROA)12.1%-18.7%▲ 6.6pp12.9%above the sector's middle half▼ 5.7pp17.2%above the sector's middle half▲ 4.2pp12.7%within the sector's middle half▼ 4.5pp9.9%within the sector's middle half▼ 2.8pp15.2%within the sector's middle half▲ 5.3pp8.8%within the sector's middle half▼ 6.4pp
above within below The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €426,160
Fixed assets €32,460 ▲ 14.7%
Current assets €393,700 ▼ 14.5%
Equity and liabilities €426,160
Equity €322,514 ▼ 13.1%
Debt €103,646 ▼ 12.0%
Debt's share of the balance-sheet total rises from 24.1% to 24.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€18,399▼
2024 · €85,664
Cash flow
€40,784▼
2024 · €76,487
Debt to equity
0.32▲
2024 · 0.32
ROE
11.6%▼
2024 · 20.0%
Interest coverage
6.43▼
2024 · 36.02
Debt ≤ 1 year
€102,646▼
2024 · €117,729
Income taxes
€9,307▼
2024 · €23,161
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as WANDA: other business support services (NACE 82990). They are comparable in size and age: total assets between €365,000 and €552,000, founded between 2009 and 2012.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
WANDA Antwerpen2011€426,160€322,514€19,723€37,566-2025
IMMOBIE Antwerpen2009€365,110€246,016€18,493-€23,500-2025
VERWIMP BEHEER Edegem2011€512,543€418,312€23,437€2,321-2025
AZIMUTH Antwerpen2012€551,733€542,241€22,015€48,57902025
SCANNED Laarne2010€384,529€236,011€20,684€19,972-2025
CT & C Sint-Martens-Latem2011€440,160€27,281€23,022€4,148-2025
VANPOUCKE CONSULT Nazareth-De Pinte2009€412,787€367,226€19,528€22,867-2025

They were chosen from the 9,746 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 34,693 companies had the same profile as WANDA has now. Two years later, 0.7% had gone bankrupt and 95.3% were still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% was still going

That fits the bankruptcy probability of WANDA itself: 0.3% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,693 companies, not a prediction for WANDA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€488,677€426,160▼
Fixed assets21/28€28,296€32,460▲
Tangible fixed assets22/27€28,296€32,460▲
Land and buildings22€4,774€4,674▼
Furniture and vehicles24€4,822€2,702▼
Other tangible fixed assets26€18,700€25,085▲
Current assets29/58€460,382€393,700▼
Amounts receivable after more than one year29€123,190€126,380▲
Other amounts receivable291€123,190€126,380▲
Amounts receivable within one year40/41€246,251€208,859▼
Trade receivables40€21,025€14,829▼
Other amounts receivable41€225,226€194,031▼
Current investments50/53€78,209€53,858▼
Cash at bank and in hand54/58€12,732€4,603▼
Equity and liabilities
Total equity and liabilities10/49€488,677€426,160▼
Equity10/15€370,948€322,514▼
Contributions10/11€18,600€18,600=
Reserves13€352,348€303,914▼
Distributable reserves133€352,348€303,914▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€117,729€103,646▼
Amounts payable within one year42/48€117,729€102,646▼
Trade debts44€3,838€11,239▲
Suppliers440/4€3,838€11,239▲
Taxes, remuneration and social security45€19,891€5,407▼
Taxes450/3€19,891€5,407▼
Other amounts payable47/48€94,000€86,000▼
Accrued charges and deferred income492/3-€1,000
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,264€3,218▲
Other operating charges640/8€938€1,324▲
Gross operating margin9900€86,601€19,723▼
Operating profit (loss)9901€83,399€15,181▼
Financial income75/76B€16,362€34,555▲
Recurring financial income75€16,362€34,555▲
Financial charges65/66B€2,378€2,863▲
Recurring financial charges65€2,378€2,863▲
Profit (loss) for the period before taxes9903€97,383€46,873▼
Income taxes67/77€23,161€9,307▼
Profit (loss) for the period9904€74,222€37,566▼
Profit (loss) for the period to be appropriated9905€74,222€37,566▼
Appropriation of the result
Profit (loss) to be appropriated9906€74,222€37,566▼
Transfer from equity791/2€94,000€86,000▼
Transfer to equity691/2€74,222€37,566▼
To other reserves6921€74,222€37,566▼
Profit to be distributed694/7€94,000€86,000▼
Return on contributions (dividend)694€70,000€60,000▼
Directors or managers695€24,000€26,000▲

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,774€1,531€1,744€1,744€1,487€1,727€2,264€3,218▲ 42.1%
Other operating charges640/8---€649€662€892€938€1,324▲ 41.2%
Gross operating margin9900€61,124€103,700€86,384€105,708€84,108€55,078€86,601€19,723▼ 77.2%
Operating profit (loss)9901€58,490€100,998€84,268€103,315€81,958€52,459€83,399€15,181▼ 81.8%
Financial income75/76B---€2,065-€5,876€16,362€34,555▲ 111%
Recurring financial income75€334€127€1,511€2,065-€5,876€16,362€34,555▲ 111%
Financial charges65/66B---€151€293€259€2,378€2,863▲ 20.4%
Recurring financial charges65€234€384€2,713€151€293€259€2,378€2,863▲ 20.4%
Profit (loss) for the period before taxes9903€58,590€100,742€83,066€105,229€81,665€58,075€97,383€46,873▼ 51.9%
Income taxes67/77€16,789€28,656€22,948€29,427€19,687€11,931€23,161€9,307▼ 59.8%
Profit (loss) for the period9904€41,801€72,086€60,118€75,802€61,978€46,145€74,222€37,566▼ 49.4%
Profit (loss) for the period to be appropriated9905€41,801€72,086€60,118€75,802€61,978€46,145€74,222€37,566▼ 49.4%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€345,088€386,108€464,851€441,925€487,909€467,383€488,677€426,160▼ 12.8%
Fixed assets21/28€26,185€24,654€22,910€21,166€22,643€28,776€28,296€32,460▲ 14.7%
Tangible fixed assets22/27€9,185€7,654€5,910€4,166€22,643€28,776€28,296€32,460▲ 14.7%
Land and buildings22-----€4,874€4,774€4,674▼ 2.1%
Plant, machinery and equipment23----€2,833----
Furniture and vehicles24---€1,191€259€4,777€4,822€2,702▼ 44.0%
Other tangible fixed assets26---€2,975€19,550€19,125€18,700€25,085▲ 34.1%
Financial fixed assets28€17,000€17,000€17,000€17,000-----
Current assets29/58€318,903€361,454€441,941€420,759€465,266€438,607€460,382€393,700▼ 14.5%
Amounts receivable after more than one year29---€17,610€17,610€120,000€123,190€126,380▲ 2.6%
Other amounts receivable291---€17,610€17,610€120,000€123,190€126,380▲ 2.6%
Amounts receivable within one year40/41€57,440€38,377€18,883€20,652€19,530€237,314€246,251€208,859▼ 15.2%
Trade receivables40---€20,652€12,106€15,094€21,025€14,829▼ 29.5%
Other amounts receivable41----€7,423€222,220€225,226€194,031▼ 13.9%
Current investments50/53----€12,043€70,000€78,209€53,858▼ 31.1%
Cash at bank and in hand54/58€261,463€323,077€320,975€375,001€412,621€11,293€12,732€4,603▼ 63.8%
Deferred charges and accrued income490/1---€7,496€3,462€0---
Equity and liabilities
Total equity and liabilities10/49€345,088€386,108€464,851€441,925€487,909€467,383€488,677€426,160▼ 12.8%
Equity10/15€294,436€366,522€432,841€407,104€408,581€390,726€370,948€322,514▼ 13.1%
Contributions10/11€12,400€12,400-€18,600€18,600€18,600€18,600€18,600=
Reserves13€282,036€354,122€414,241€388,504€389,981€372,126€352,348€303,914▼ 13.7%
Non-distributable reserves130/1---€1,860€1,860€0---
Reserves not available under the articles1311---€1,860€1,860€0---
Distributable reserves133---€386,644€388,121€372,126€352,348€303,914▼ 13.7%
Profit (loss) carried forward14-----€0€0€0-
Amounts payable17/49€50,652€19,586€32,011€34,822€79,327€76,657€117,729€103,646▼ 12.0%
Amounts payable within one year42/48€50,652€19,586€31,433€33,487€79,327€76,657€117,729€102,646▼ 12.8%
Trade debts44€15,201€8,430€12,359€12,339€2,350€137€3,838€11,239▲ 193%
Suppliers440/4---€12,339€2,350€137€3,838€11,239▲ 193%
Taxes, remuneration and social security45---€21,147€16,477€12,520€19,891€5,407▼ 72.8%
Taxes450/3---€21,147€13,685€12,520€19,891€5,407▼ 72.8%
Remuneration and social security454/9----€2,792€0---
Other amounts payable47/48----€60,500€64,000€94,000€86,000▼ 8.5%
Accrued charges and deferred income492/3---€1,335---€1,000-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€41,801€72,086€60,118€75,802€61,978€46,145€74,222€37,566▼ 49.4%
+ Depreciation and write-downs630€1,774€1,531€1,744€1,744€1,487€1,727€2,264€3,218▲ 42.1%
Operating cash flow (approximation)€43,575€73,618€61,862€77,546€63,465€47,872€76,487€40,784▼ 46.7%
Investment in fixed assets (approximation)-€0€0€0-€2,964-€7,861-€1,784-€7,382▼ 314%
Change in cash-€61,614-€2,103€54,027€37,620-€401,328€1,439-€8,129-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 13 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 31-08-2026 2026-00508283 NBB
31-12-2024 micro format 29-07-2025 2025-00331813 PDF
31-12-2023 micro format 25-07-2024 2024-00283562 PDF
31-12-2022 micro format 21-06-2023 2023-00153463 PDF
31-12-2021 abbreviated format 31-08-2022 2022-20367766 PDF
31-12-2020 abbreviated format 31-08-2021 2021-58600216 PDF
31-12-2019 abbreviated format 15-12-2020 2020-75500083 PDF
31-12-2018 abbreviated format 19-11-2019 2019-73700578 PDF
31-12-2017 micro format 31-10-2018 2018-71300463 PDF
31-12-2015 abbreviated format 28-09-2016 2016-64100395 PDF

Show all 13 filings

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