WASC
ActiveSummary
WASC has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-177k) and a net result of €137. Equity is shrinking by ~18% per year across the filed fiscal years. Its solvency ranks better than 7% of 2304 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-28
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.46 against 0.36 in 2024; short-term debt: 195.7% and cash: 38.8% of total assets), and equity is negative.
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 93
Relative position
BE, all sectors
reference
Sector 93
lower
← fewer bankruptcies
more bankruptcies →
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
-206%
Return on assets
0.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 2304 sector peers (2025).
NBB · sector comparisonPosition among 2304 sector peers
Solvency
better than 7%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
1 d early
2024
53 d late
2023
68 d late
2022
192 d late
2021
24 d late
2020
90 d late
2019
91 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-177k▲ 0.1%
2024 · €-178k
2018: €-55k
2019: €-66k
2020: €-88k
2021: €-94k
2022: €-134k
2023: €-196k
2024: €-178k
2018 → 2025
Total assets
€86k▲ 5.6%
2024 · €82k
2018: €119k
2019: €97k
2020: €81k
2021: €101k
2022: €101k
2023: €82k
2024: €82k
2018 → 2025
Net result
€137▼ 99.3%
2024 · €18k
2018: €-50k
2019: €-10k
2020: €-23k
2021: €-6k
2022: €-40k
2023: €-62k
2024: €18k
2018 → 2025
Working capital
€-92k▲ 12.2%
2024 · €-104k
2018: €-65k
2019: €-58k
2020: €-67k
2021: €-61k
2022: €-86k
2023: €-135k
2024: €-104k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-94k-€-134k▼ 42.7%€-196k▼ 46.0%€-178k▲ 9.4%€-177k▲ 0.1%
Operating result€-4k-€-38k▼ 816%€-60k▼ 56.3%€20k€2k▼ 87.8%
Net result€-6k-€-40k▼ 593%€-62k▼ 53.7%€18k€137▼ 99.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 88% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €86k
Fixed assets
€9k ▼ 57.7%
Current assets
€77k ▲ 28.7%
Key figures and ratios
EBITDA
€16k▼
2024 · €34k
Cash flow
€14k▼
2024 · €32k
Solvency
-206.0%▲
2024 · -217.7%
Current ratio
0.46▲
2024 · 0.36
Debt to equity
-1.49▼
2024 · -1.46
ROA
0.2%▼
2024 · 22.7%
Interest coverage
7.00▼
2024 · 18.97
Debt
€264k▲
2024 · €259k
Debt ≤ 1 year
€169k▲
2024 · €164k
Debt > 1 year
€95k=
2024 · €95k
Staff costs
€62k▲
2024 · €55k
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 · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€82k€86k▲
Fixed assets21/28€22k€9k▼
Tangible fixed assets22/27€22k€8k▼
Land and buildings22€0-
Plant, machinery and equipment23€8k€4k▼
Other tangible fixed assets26€14k€4k▼
Financial fixed assets28-€800
Current assets29/58€60k€77k▲
Amounts receivable within one year40/41€31k€41k▲
Trade receivables40€4k€3k▼
Other amounts receivable41€27k€38k▲
Cash at bank and in hand54/58€27k€33k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€82k€86k▲
Equity10/15€-178k€-177k▲
Contributions10/11€40k€40k=
Profit (loss) carried forward14€-218k€-217k▲
Amounts payable17/49€259k€264k▲
Amounts payable after more than one year17€95k€95k=
Financial debts170/4€95k€95k=
Amounts payable within one year42/48€164k€169k▲
Trade debts44€431€6k▲
Suppliers440/4€431€6k▲
Taxes, remuneration and social security45€8k€8k▼
Taxes450/3€6k€5k▼
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€155k€155k▼
Income statement
Code20242025
Remuneration, social security and pensions62€55k€62k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k▲
Other operating charges640/8€2k€5k▲
Gross operating margin9900€91k€83k▼
Operating profit (loss)9901€20k€2k▼
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€18k€137▼
Profit (loss) for the period9904€18k€137▼
Profit (loss) for the period to be appropriated9905€18k€137▼
Appropriation of the result
Profit (loss) to be appropriated9906€-218k€-217k▲
Profit (loss) brought forward from the previous period14P€-236k€-218k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
2024
31-12
Financial
Back to profitnet €18k
Net result €18k after 6 loss-making years.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
08-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 192 days late
2023
31-12
Financial
Weakest financial yearnet €-62k
Net result drops to €-62k, the lowest in the series; recovery starts the following year.
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
14-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 75 days late
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Lubbeek · 1 establishment unit since 2016
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.
Nachtegalenstraat(LIN) 863210 LubbeekGround area
2,672 m²
Building footprint
680 m²
Volume, LiDAR
2,963 m³
2 parcels, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WASC
since 20162.253.475.393
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24063C0072/00C000 | Flanders | 2,155 m² | 1 · 163 m² | 6.7 m · 2 fl. |
| 24080E0145/00K000 | Flanders | 517 m² | 1 · 517 m² | 9.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHolsbeek2.253.475.393
Similar companies · same sector and region
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SOLTÓ
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 3,292 companies in sector 93110 we hold annual accounts for 1,495. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-05-2016
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
93110Operation of sports facilities
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:theo.elsen@skynet.be
Phone:0473339063