WASATCH
ActiveSummary
WASATCH has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1k and a net result of €32k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability99▲+6
Solvency26▼-74
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
0.8%
Return on assets
24.1%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 31791 sector peers (2025).
NBB · sector comparisonPosition among 31791 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 14-01-2026, 106 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
106 d early
2024
100 d early
2023
109 d early
2022
97 d early
2021
89 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1k▼ 98.8%
2024 · €91k
Total assets
€135k▲ 12.9%
2024 · €119k
Net result
€32k▲ 39.0%
2024 · €23k
Working capital
€-4k
2024 · €77k
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€64k-€62k▼ 3.1%€57k▼ 9.2%€30k▼ 46.9%€44k▲ 47.7%
Net result€47k-€45k▼ 3.0%€45k▼ 1.1%€23k▼ 47.9%€32k▲ 39.0%
Equity€48k-€91k▲ 91.6%€136k▲ 49.0%€91k▼ 32.9%€1k▼ 98.8%
Total assets€61k-€104k▲ 71.6%€142k▲ 36.4%€119k▼ 16.1%€135k▲ 12.9%
Debt€13k-€13k▼ 1.1%€6k▼ 52.2%€28k▲ 355%€134k▲ 375%
Working capital€8k-€59k▲ 673%€113k▲ 90.9%€77k▼ 32.5%€-4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 48% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €135k
Fixed assets
€5k ▼ 66.9%
Current assets
€130k ▲ 23.9%
Equity and liabilities €135k
Equity
€1k ▼ 98.8%
Debt
€134k ▲ 375%
Debt's share of the balance-sheet total rises from 23.6% to 99.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€53k▲
2024 · €40k
Cash flow
€41k▲
2024 · €33k
Current ratio
0.97▼
2024 · 3.72
ROA
24.1%▲
2024 · 19.5%
Interest coverage
1066.81▲
2024 · 585.15
Debt ≤ 1 year
€134k▲
2024 · €28k
Income taxes
€12k▲
2024 · €7k
A ratio outside any meaningful range has been withheld (balance sheet total €135k, equity €1k).
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 | €7k | €10k | €10k | €10k | €9k | ▼ 9.8% |
| Other operating charges640/8 | - | €184 | €325 | €588 | €531 | ▼ 9.6% |
| Non-recurring operating charges66A | - | - | - | - | €846 | - |
| Gross operating margin9900 | €71k | €73k | €67k | €41k | €55k | ▲ 35.0% |
| Operating profit (loss)9901 | €64k | €62k | €57k | €30k | €44k | ▲ 47.7% |
| Financial income75/76B | - | €0 | €3 | €0 | €5 | ▲ 1,019% |
| Recurring financial income75 | €0 | €0 | €3 | €0 | €5 | ▲ 1,019% |
| Financial charges65/66B | - | €41 | €87 | €68 | €50 | ▼ 26.7% |
| Recurring financial charges65 | €4 | €41 | €87 | €68 | €50 | ▼ 26.7% |
| Profit (loss) for the period before taxes9903 | €64k | €62k | €57k | €30k | €44k | ▲ 47.9% |
| Income taxes67/77 | €18k | €17k | €12k | €7k | €12k | ▲ 78.5% |
| Profit (loss) for the period9904 | €47k | €45k | €45k | €23k | €32k | ▲ 39.0% |
| Profit (loss) for the period to be appropriated9905 | €47k | €45k | €45k | €23k | €32k | ▲ 39.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €61k | €104k | €142k | €119k | €135k | ▲ 12.9% |
| Fixed assets21/28 | €40k | €32k | €22k | €14k | €5k | ▼ 66.9% |
| Tangible fixed assets22/27 | €40k | €32k | €22k | €14k | €5k | ▼ 66.9% |
| Furniture and vehicles24 | - | €32k | €22k | €14k | €5k | ▼ 66.9% |
| Current assets29/58 | €21k | €72k | €120k | €105k | €130k | ▲ 23.9% |
| Amounts receivable within one year40/41 | €13k | €12k | €16k | €10k | €14k | ▲ 45.6% |
| Trade receivables40 | - | €12k | €10k | €6k | €12k | ▲ 108% |
| Other amounts receivable41 | - | - | €6k | €4k | €3k | ▼ 38.7% |
| Cash at bank and in hand54/58 | €6k | €59k | €104k | €94k | €115k | ▲ 22.0% |
| Deferred charges and accrued income490/1 | - | €716 | €154 | €766 | €652 | ▼ 14.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €61k | €104k | €142k | €119k | €135k | ▲ 12.9% |
| Equity10/15 | €48k | €91k | €136k | €91k | €1k | ▼ 98.8% |
| Contributions10/11 | - | €1k | €1k | €1k | €1k | = |
| Reserves13 | €47k | €90k | €90k | €90k | €0 | ▼ 100% |
| Distributable reserves133 | - | €90k | €90k | €90k | €0 | ▼ 100% |
| Profit (loss) carried forward14 | €99 | €80 | €45k | €0 | €68 | - |
| Amounts payable17/49 | €13k | €13k | €6k | €28k | €134k | ▲ 375% |
| Amounts payable within one year42/48 | €13k | €13k | €6k | €28k | €134k | ▲ 375% |
| Trade debts44 | €2k | €2k | €2k | €1k | €456 | ▼ 69.1% |
| Suppliers440/4 | - | €2k | €2k | €1k | €456 | ▼ 69.1% |
| Taxes, remuneration and social security45 | - | €10k | €4k | €3k | €11k | ▲ 226% |
| Taxes450/3 | - | €10k | €4k | €3k | €11k | ▲ 226% |
| Other amounts payable47/48 | - | €2k | €81 | €23k | €122k | ▲ 424% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €47k | €45k | €45k | €23k | €32k | ▲ 39.0% |
| + Depreciation and write-downs630 | €7k | €10k | €10k | €10k | €9k | ▼ 9.8% |
| Operating cash flow (approximation) | €53k | €55k | €55k | €33k | €41k | ▲ 24.5% |
| Investment in fixed assets (approximation) | - | €-2k | €-972 | €-2k | €846 | ▲ 145% |
| Change in cash | - | €53k | €44k | €-9k | €21k | ▲ 317% |
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
14-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
20-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €23k ▼47.9%
Net result drops to €23k, the lowest in the series; recovery starts the following year.
12-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Liquidity triplescurrent ratio 19.37
Current ratio from 5.60 to 19.37; short-term debt falls from €13k to €6k.
30-09
Financial
Equity above €100kEq €136k ▲49%
3 profitable years in a row build equity to €136k.
23-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Liquidity quadruplescurrent ratio 5.60
Current ratio from 1.59 to 5.60; short-term debt falls from €13k to €13k.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Gent · 1 establishment unit since 2020
Ground area
915 m²
Building footprint
125 m²
Volume, LiDAR
588 m³
Parcel 44051C0144/00K000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WASATCH
since 20202.310.971.946
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44051C0144/00K000 | Flanders | 914 m² | 1 · 125 m² | 8.1 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 239 EUR awarded · 227 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 239 EUR | 227 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 5,146 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
Founded21-10-2020
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.