WAPA

WAPA has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101,303 and a net result of €14,920. Equity is shrinking by about 11% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2028. Its solvency ranks better than 78% of 788 sector peers (NACE 10, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).