WAPI4FINANCE2
Dissolved and wound up on 10-04-2026Financials · financial year 2025, micro format
Annual accounts 2025 filed on 19-03-2026 PDF all 5 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€491
2024 · -€15,047
Working capital
€49,997▲ 1.0%
2024 · €49,506
Multi-year overview
2021 to 2025, 5 financial yearsOperating result
-€2,781
▲ 43.9%
2025
20212025
Net result
€491
2025
20212025
Equity
€49,997
▲ 1.0%
2025
20212025
Total assets
€49,997
▼ 66.6%
2025
20212025
Debt
€0
▼ 100%
2025
20212025
Working capital
€49,997
▲ 1.0%
2025
20212025
Staff (FTE)
no figure
2025
20212025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20212022202320242025
Operating result€589,091-€131,433▼ 77.7%€32,501▼ 75.3%-€4,959-€2,781▲ 43.9%
Net result€442,567-€102,764▼ 76.8%€24,223▼ 76.4%-€15,047€491
Equity€27,567-€130,330▲ 373%€154,553▲ 18.6%€49,506▼ 68.0%€49,997▲ 1.0%
Total assets€499,418-€130,330▼ 73.9%€154,553▲ 18.6%€149,506▼ 3.3%€49,997▼ 66.6%
Debt€471,851-€100,000€0▼ 100%
Working capital€28,276-€49,506€49,997▲ 1.0%
Staff (FTE)5.3-
The operating result for 2025 is a loss of €2,781, smaller than the loss of €4,959 in 2024.
Large changes and their cause
- 2022 Net result -77% on 2021. The accounts now follow the full format, last year the micro format.
Key figures and ratios
Solvency
100.0%▲
2024 · 33.1%
Debt to equity
0.00▼
2024 · 2.02
ROE
1.0%▲
2024 · -30.4%
ROA
1.0%▲
2024 · -10.1%
Debt ≤ 1 year
€0▼
2024 · €100,000
Income taxes
€0▼
2024 · €10,000
Staff costs
€0▼
2024 · €3,329
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 |
|---|---|
| Average over the year, in full-time equivalents | 5.3 |
| Joined | 7 |
| Left | 7 |
Source: social balance sheet in the 2021 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Intangible fixed assets | €1,200 | - | - | - | - |
| Depreciation and write-downs of the year | €1,200 | - | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €390,605 | €792 | €0 | €3,329 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,200 | - | - | - | - | - |
| Other operating charges640/8 | €695 | €348 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €981,591 | €132,573 | €32,885 | -€1,243 | -€2,381 | ▼ 91.6% |
| Operating profit (loss)9901 | €589,091 | €131,433 | €32,501 | -€4,959 | -€2,781 | ▲ 43.9% |
| Financial income75/76B | - | - | €7 | €287 | €3,331 | ▲ 12× |
| Recurring financial income75 | - | - | €7 | €287 | €3,331 | ▲ 12× |
| Financial charges65/66B | €2,075 | €129 | €120 | €376 | €59 | ▼ 84.2% |
| Recurring financial charges65 | €2,075 | €129 | €120 | €376 | €59 | ▼ 84.2% |
| Profit (loss) for the period before taxes9903 | €587,017 | €131,305 | €32,388 | -€5,047 | €491 | - |
| Income taxes67/77 | €144,450 | €28,541 | €8,165 | €10,000 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €442,567 | €102,764 | €24,223 | -€15,047 | €491 | - |
| Profit (loss) for the period to be appropriated9905 | €442,567 | €102,764 | €24,223 | -€15,047 | €491 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €499,418 | €130,330 | €154,553 | €149,506 | €49,997 | ▼ 66.6% |
| Current assets29/58 | €499,418 | €130,330 | €154,553 | €149,506 | €49,997 | ▼ 66.6% |
| Amounts receivable within one year40/41 | €5,550 | €11,459 | €837 | €919 | €1,081 | ▲ 17.6% |
| Other amounts receivable41 | €5,550 | €11,459 | €837 | €919 | €1,081 | ▲ 17.6% |
| Current investments50/53 | - | - | - | €135,000 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €330,693 | €113,833 | €152,803 | €13,586 | €48,916 | ▲ 260% |
| Deferred charges and accrued income490/1 | €163,174 | €5,039 | €912 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €499,418 | €130,330 | €154,553 | €149,506 | €49,997 | ▼ 66.6% |
| Equity10/15 | €27,567 | €130,330 | €154,553 | €49,506 | €49,997 | ▲ 1.0% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €7,567 | €110,330 | €134,553 | €29,506 | €29,997 | ▲ 1.7% |
| Distributable reserves133 | €7,567 | €110,330 | €134,553 | €29,506 | €29,997 | ▲ 1.7% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €471,851 | - | - | €100,000 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €471,141 | - | - | €100,000 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €36,141 | - | - | €10,000 | €0 | ▼ 100% |
| Taxes450/3 | - | - | - | €10,000 | €0 | ▼ 100% |
| Remuneration and social security454/9 | €36,141 | - | - | - | - | - |
| Other amounts payable47/48 | €435,000 | - | - | €90,000 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €710 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €442,567 | €102,764 | €24,223 | -€15,047 | €491 | - |
| + Depreciation and write-downs630 | €1,200 | - | - | - | - | - |
| Operating cash flow (approximation) | €443,767 | €102,764 | €24,223 | -€15,047 | €491 | - |
| Change in cash | - | -€216,860 | €38,971 | -€139,217 | €35,329 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 19-03-2026 | 2026-00058315 | |
| 31-12-2024 | full format | 19-06-2025 | 2025-00153690 | |
| 31-12-2023 | full format | 19-06-2024 | 2024-00145892 | |
| 31-12-2022 | full format | 12-06-2023 | 2023-00123557 | |
| 31-12-2021 | micro format | 15-06-2022 | 2022-20067922 |