WAPP.BE
ActiveSummary
The annual accounts of WAPP.BE for fiscal year 2025 show a net loss of 68% of total assets and of 54% of the equity at the start of that year. The 2025 annual accounts show equity of €20k and a net result of €-23k. Equity is growing by ~48.5% per year across the filed fiscal years. Its solvency ranks better than 48% of 17090 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-92
Solvency83=
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.48 against 1.78 in 2024; short-term debt: 41.8% and cash: 7% of total assets), and 41.8% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
58.2%
Return on assets
-68.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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 · 5 filingsDeviation from the deadline
2025
19 d late
2024
21 d late
2023
27 d late
2022
16 d late
2021
24 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
Equity
€20k▼ 53.9%
2024 · €44k
Total assets
€34k▼ 53.8%
2024 · €75k
Net result
€-23k
2024 · €14k
Working capital
€-8k
2024 · €14k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€4k-€12k▲ 190%€24k▲ 94.6%€24k▼ 0.9%€-22k
Net result€3k-€8k▲ 160%€16k▲ 87.3%€14k▼ 11.5%€-23k
Equity€6k-€14k▲ 126%€30k▲ 119%€44k▲ 46.4%€20k▼ 53.9%
Total assets€36k-€46k▲ 26.5%€84k▲ 82.6%€75k▼ 11.3%€34k▼ 53.8%
Debt€30k-€33k▲ 6.8%€54k▲ 67.4%€31k▼ 42.8%€14k▼ 53.7%
Working capital€-14k-€-5k▲ 61.7%€3k€14k▲ 392%€-8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €22k after €24k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34k
Fixed assets
€28k ▼ 36.8%
Current assets
€7k ▼ 77.8%
Equity and liabilities €34k
Equity
€20k ▼ 53.9%
Debt
€14k ▼ 53.7%
Debt's share of the balance-sheet total rises from 41.7% to 41.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-6k▼
2024 · €39k
Cash flow
€-7k▼
2024 · €29k
Current ratio
0.48▼
2024 · 1.78
Debt to equity
0.72▲
2024 · 0.72
ROE
-117.0%▼
2024 · 31.7%
ROA
-68.1%▼
2024 · 18.5%
Interest coverage
-5.46▼
2024 · 13.89
Debt ≤ 1 year
€14k▼
2024 · €17k
Income taxes
€-69▼
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €6k | €10k | €15k | €16k | ▲ 4.9% |
| Other operating charges640/8 | €1k | €835 | €1k | €339 | €548 | ▲ 61.7% |
| Gross operating margin9900 | €8k | €19k | €35k | €39k | €-6k | ▼ 115% |
| Operating profit (loss)9901 | €4k | €12k | €24k | €24k | €-22k | ▼ 196% |
| Financial income75/76B | - | - | - | - | €106 | - |
| Recurring financial income75 | - | - | - | - | €106 | - |
| Financial charges65/66B | - | €-40 | €303 | €3k | €1k | ▼ 58.2% |
| Recurring financial charges65 | - | €-40 | €303 | €3k | €1k | ▼ 58.2% |
| Profit (loss) for the period before taxes9903 | €4k | €12k | €23k | €21k | €-24k | ▼ 214% |
| Income taxes67/77 | €1k | €4k | €8k | €7k | €-69 | ▼ 101% |
| Profit (loss) for the period9904 | €3k | €8k | €16k | €14k | €-23k | ▼ 270% |
| Profit (loss) for the period to be appropriated9905 | €3k | €8k | €16k | €14k | €-23k | ▼ 270% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €36k | €46k | €84k | €75k | €34k | ▼ 53.8% |
| Fixed assets21/28 | €20k | €19k | €54k | €44k | €28k | ▼ 36.8% |
| Tangible fixed assets22/27 | €20k | €19k | €54k | €44k | €28k | ▼ 36.8% |
| Plant, machinery and equipment23 | - | - | €2k | €1k | €848 | ▼ 29.5% |
| Furniture and vehicles24 | €20k | €19k | €52k | €42k | €27k | ▼ 37.0% |
| Other tangible fixed assets26 | €0 | €0 | €0 | €0 | - | - |
| Current assets29/58 | €17k | €27k | €31k | €31k | €7k | ▼ 77.8% |
| Amounts receivable within one year40/41 | €6k | €8k | €11k | €2k | €3k | ▲ 42.1% |
| Trade receivables40 | €6k | €8k | €7k | - | €2k | - |
| Other amounts receivable41 | €0 | €0 | €4k | €2k | €829 | ▼ 62.3% |
| Cash at bank and in hand54/58 | €9k | €19k | €19k | €29k | €2k | ▼ 91.7% |
| Deferred charges and accrued income490/1 | €1k | €0 | €326 | €0 | €1k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €36k | €46k | €84k | €75k | €34k | ▼ 53.8% |
| Equity10/15 | €6k | €14k | €30k | €44k | €20k | ▼ 53.9% |
| Contributions10/11 | €3k | €3k | €3k | €3k | €3k | = |
| Capital10 | €3k | €3k | €3k | - | - | - |
| Issued capital100 | €3k | €3k | €3k | - | - | - |
| Profit (loss) carried forward14 | €3k | €11k | €27k | €41k | €17k | ▼ 57.4% |
| Amounts payable17/49 | €30k | €33k | €54k | €31k | €14k | ▼ 53.7% |
| Amounts payable after more than one year17 | - | - | €27k | €14k | - | - |
| Financial debts170/4 | - | - | €27k | €14k | - | - |
| Amounts payable within one year42/48 | €30k | €33k | €28k | €17k | €14k | ▼ 17.5% |
| Current portion of amounts payable after more than one year42 | - | - | €11k | €13k | €14k | ▲ 5.1% |
| Trade debts44 | €423 | €255 | €44 | €490 | €73 | ▼ 85.2% |
| Suppliers440/4 | €423 | €255 | €44 | €490 | €73 | ▼ 85.2% |
| Taxes, remuneration and social security45 | €3k | €7k | €2k | €1k | €5 | ▼ 99.6% |
| Taxes450/3 | €3k | €7k | €2k | €1k | €5 | ▼ 99.6% |
| Remuneration and social security454/9 | - | €0 | €0 | - | - | - |
| Other amounts payable47/48 | €27k | €25k | €14k | €3k | €646 | ▼ 74.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €8k | €16k | €14k | €-23k | ▼ 270% |
| + Depreciation and write-downs630 | €2k | €6k | €10k | €15k | €16k | ▲ 4.9% |
| Operating cash flow (approximation) | €5k | €15k | €26k | €29k | €-7k | ▼ 125% |
| Investment in fixed assets (approximation) | - | €-5k | €-45k | €-5k | €0 | ▲ 100% |
| Change in cash | - | €10k | €-9 | €10k | €-26k | ▼ 366% |
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
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
31-12
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series.
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Highest result since 2021net €16k ▲87.3%
Operating result €24k, net result €16k, both a record.
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 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, Waterloo · 1 establishment unit since 2021
Ground area
691 m²
Building footprint
95 m²
Parcel 25763M0125/00B000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue du Roussart 109, 1410 Waterloo
since 20212.318.453.220
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763M0125/00B000 | Wallonia | 691 m² | 1 · 95 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.
Similar companies · same sector, comparable size
BREESA IT
BE 0785.261.619
Dendermonde · Eq €20,070
EFIAD
BE 1017.852.276
Maasmechelen · Eq €20,063
FyndUp
BE 0805.390.901
Sint-Jans-Molenbeek · Eq €20,062
ARTISCIEN SOLUTIONS
BE 0776.642.277
Oudergem · Eq €20,083
SO - PowerView
BE 0552.989.476
Brugge · Eq €20,031
Of 16,901 companies in sector 62100 we hold annual accounts for 8,775. 5,776 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
Founded09-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
Contact
Website
wapp.be
E-mail
info@wapp.be
Scores and ratios are computed by Checked and are not a credit decision.