WASAFI
ActiveSummary
WASAFI has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €872k and a net result of €198k. Equity is growing by ~35.4% per year across the filed fiscal years. Its solvency ranks better than 93% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
82
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability95▼-5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 17.81 against 16.76 in 2023; short-term debt: 5.6% and cash: 3.5% of total assets), and 5.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
94.3%
Return on assets
21.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-06-2025, 48 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
48 d early
2023
48 d early
2022
47 d early
2021
37 d early
2020
44 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€872k▲ 29.3%
2023 · €675k
2020: €163k
2021: €330k
2022: €494k
2023: €675k
2020 → 2024
Total assets
€925k▲ 28.9%
2023 · €718k
2020: €253k
2021: €414k
2022: €582k
2023: €718k
2020 → 2024
Net result
€198k▲ 9.6%
2023 · €180k
2020: €142k
2021: €166k
2022: €165k
2023: €180k
2020 → 2024
Working capital
€872k▲ 32.3%
2023 · €659k
2020: €99k
2021: €282k
2022: €462k
2023: €659k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€163k-€330k▲ 102%€494k▲ 49.9%€675k▲ 36.5%€872k▲ 29.3%
Operating result€215k-€241k▲ 11.8%€238k▼ 1.0%€254k▲ 6.5%€274k▲ 8.1%
Net result€142k-€166k▲ 16.8%€165k▼ 1.0%€180k▲ 9.6%€198k▲ 9.6%
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 8% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €925k
Fixed assets
€948 ▼ 94.4%
Current assets
€924k ▲ 31.8%
Equity and liabilities €925k
Equity
€872k ▲ 29.3%
Debt
€53k ▲ 22.5%
Debt's share of the balance-sheet total falls from 6.0% to 5.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€290k▲
2023 · €270k
Cash flow
€213k▲
2023 · €196k
Current ratio
17.81▲
2023 · 16.76
Debt to equity
0.06▼
2023 · 0.06
ROE
22.7%▼
2023 · 26.7%
ROA
21.4%▼
2023 · 25.1%
Interest coverage
7305.75▲
2023 · 6839.99
Debt ≤ 1 year
€52k▲
2023 · €42k
Income taxes
€96k▲
2023 · €82k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€718k€925k▲
Fixed assets21/28€17k€948▼
Tangible fixed assets22/27€17k€948▼
Furniture and vehicles24€17k€948▼
Current assets29/58€701k€924k▲
Amounts receivable within one year40/41€66k€88k▲
Trade receivables40€66k€88k▲
Current investments50/53€500k€800k▲
Cash at bank and in hand54/58€130k€32k▼
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€718k€925k▲
Equity10/15€675k€872k▲
Contributions10/11€21k€21k=
Reserves13€652k€849k▲
Distributable reserves133€652k€849k▲
Profit (loss) carried forward14€2k€2k▲
Amounts payable17/49€43k€53k▲
Amounts payable within one year42/48€42k€52k▲
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€35k€42k▲
Taxes450/3€35k€42k▲
Other amounts payable47/48€5k€7k▲
Accrued charges and deferred income492/3€1k€893▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€272k€293k▲
Operating profit (loss)9901€254k€274k▲
Financial income75/76B€8k€20k▲
Recurring financial income75€8k€20k▲
Financial charges65/66B€39€40▲
Recurring financial charges65€39€40▲
Profit (loss) for the period before taxes9903€262k€294k▲
Income taxes67/77€82k€96k▲
Profit (loss) for the period9904€180k€198k▲
Profit (loss) for the period to be appropriated9905€180k€198k▲
Appropriation of the result
Profit (loss) to be appropriated9906€182k€199k▲
Profit (loss) brought forward from the previous period14P€1k€2k▲
Transfer to equity691/2€180k€197k▲
To other reserves6921€180k€197k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €198k ▲9.6%
Operating result €274k, net result €198k, both a record.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 16.76
Current ratio from 6.32 to 16.76; short-term debt falls from €87k to €42k.
31-12
Financial
Equity above €500kEq €675k ▲36.5%
4 profitable years in a row build equity to €675k.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 4.38
Current ratio from 2.10 to 4.38; short-term debt falls from €90k to €83k.
31-12
Financial
Equity above €200kEq €330k ▲102%
2 profitable years in a row build equity to €330k.
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Tervuren · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Jan Van Boendalelaan 23080 TervurenGround area
114 m²
Building footprint
92 m²
Volume, LiDAR
450 m³
Parcel 24302G0064/00T003, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WASAFI
since 20192.291.729.126
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24302G0064/00T003 | Flanders | 114 m² | 1 · 92 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
FILIA
BE 0810.058.876
Genk · Eq €872,399
Arpège Groupe
BE 0761.827.013
Elsene · Eq €872,398
Merlion Investments
BE 0525.729.211
Overijse · Eq €872,325
VARONI
BE 0818.600.618
Maldegem · Eq €872,499
Wekk Int.
BE 0544.492.573
Asse · Eq €872,532
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 29,324 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.