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WASCO

Active
Private limited companyfounded 201610 yrs activeRue Mallavée 38, 6001 Charleroi, BelgiumKBO/BCE: BE 0651.721.026

WASCO has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59k and a net result of €18k. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 59% of 27319 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
100 / 100
Excellent▲ +6 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+54
Solvency92=
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.77 against 1.8 in 2024), and 44.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
55.6%
Return on assets
16.5%
Age of the figures
8 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 · 10 filings
Deviation from the deadline
2025
1 d early
2024
24 d early
2023
12 d late
2022
31 d late
2021
31 d late
2020
54 d late
2019
115 d late
← before the deadline after the deadline →
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 months
Position in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€59k▲ 12.6%
2024 · €53k
2018: €30k 2019: €27k 2020: €38k 2021: €56k 2022: €62k 2023: €48k 2024: €53k
2018 → 2025
Total assets
€106k▲ 7.7%
2024 · €99k
2018: €66k 2019: €44k 2020: €66k 2021: €176k 2022: €169k 2023: €104k 2024: €99k
2018 → 2025
Net result
€18k▲ 266%
2024 · €5k
2018: €13k 2019: €-3k 2020: €11k 2021: €18k 2022: €6k 2023: €-14k 2024: €5k
2018 → 2025
Working capital
€34k▲ 19.5%
2024 · €29k
2018: €34k 2019: €24k 2020: €34k 2021: €9k 2022: €46k 2023: €29k 2024: €29k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€56k-€62k▲ 10.2%€48k▼ 22.5%€53k▲ 10.0%€59k▲ 12.6%
Operating result€23k-€9k▼ 61.3%€-11k€9k€26k▲ 196%
Net result€18k-€6k▼ 68.2%€-14k€5k€18k▲ 266%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20kOperating result 2021: €23k€23kNet result 2021: €18k€18kOperating result 2022: €9k€9kNet result 2022: €6k€6kOperating result 2023: €-11k€-11kNet result 2023: €-14k€-14kOperating result 2024: €9k€9kNet result 2024: €5k€5kOperating result 2025: €26k€26kNet result 2025: €18k€18k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 196% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €106k
Fixed assets €28k▼ 19.5%
Current assets €79k▲ 22.1%
Equity and liabilities €106k
Equity €59k▲ 12.6%
Debt €47k▲ 2.1%
The debt ratio falls from 46.8% to 44.4%: equity grows faster than debt.
Key figures and ratios
2025 value · change against 2024
EBITDA
€33k
2024 · €15k
Cash flow
€24k
2024 · €11k
Solvency
55.6%
2024 · 53.2%
Current ratio
1.77
2024 · 1.80
Quick ratio
1.59
2024 · 1.54
Debt / equity
0.80
2024 · 0.88
ROE
29.6%
2024 · 9.1%
ROA
16.5%
2024 · 4.8%
Interest coverage
11.34
2024 · 4.47
Debt
€47k
2024 · €46k
Debt ≤ 1 year
€45k
2024 · €36k
Debt > 1 year
€2k
2024 · €10k
Income taxes
€6k
2024 · €768
Staff costs
€50k
2024 · €49k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€99k€106k
Fixed assets21/28€34k€28k
Tangible fixed assets22/27€34k€27k
Furniture and vehicles24€34k€27k
Financial fixed assets28€630€630=
Current assets29/58€65k€79k
Stocks and contracts in progress3€9k€8k
Stocks30/36€9k€3k
Contracts in progress37-€5k
Amounts receivable within one year40/41€26k€12k
Trade receivables40€16k-
Other amounts receivable41€10k€12k
Cash at bank and in hand54/58€7k€53k
Deferred charges and accrued income490/1€22k€6k
Equity and liabilities
Total equity and liabilities10/49€99k€106k
Equity10/15€53k€59k
Contributions10/11€11k€11k=
Reserves13€39k€46k
Distributable reserves133€39k€46k
Profit (loss) carried forward14€2k€2k=
Amounts payable17/49€46k€47k
Amounts payable after more than one year17€10k€2k
Financial debts170/4€10k€2k
Amounts payable within one year42/48€36k€45k
Current portion of amounts payable after more than one year42€8k€8k
Trade debts44€11k€7k
Suppliers440/4€11k€7k
Advances received on contracts in progress46€7k-
Taxes, remuneration and social security45€4k€13k
Taxes450/3€2k€8k
Remuneration and social security454/9€2k€4k
Other amounts payable47/48€7k€17k
Accrued charges and deferred income492/3€657€694
Income statement Code20242025
Remuneration, social security and pensions62€49k€50k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k
Other operating charges640/8€4k€2k
Non-recurring operating charges66A€561-
Gross operating margin9900€69k€85k
Operating profit (loss)9901€9k€26k
Financial income75/76B-€135
Recurring financial income75-€135
Financial charges65/66B€3k€3k
Recurring financial charges65€3k€3k
Profit (loss) for the period before taxes9903€6k€24k
Income taxes67/77€768€6k
Profit (loss) for the period9904€5k€18k
Profit (loss) for the period to be appropriated9905€5k€18k
Appropriation of the result
Profit (loss) to be appropriated9906€7k€20k
Profit (loss) brought forward from the previous period14P€2k€2k=
Transfer from equity791/2-€11k
Transfer to equity691/2€5k€18k
To other reserves6921€5k€18k
Profit to be distributed694/7-€11k
Return on contributions (dividend)694-€11k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
07-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €5k
Net result €5k after one loss-making year.
12-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
31-12
Financial Weakest financial yearnet €-14k ▼342%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Highest result since 2018net €18k ▲64.3%
Net result €18k, the highest in the series.
23-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 54 days late
2020
31-12
Financial Back to profitnet €11k
Net result €11k after one loss-making year.
23-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 115 days late
2019
11-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 72 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
26-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
10-01-2024 Resigned as Manager
Location & real-estate footprint
Registered office, Charleroi · 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.

Rue Mallavée 386001 Charleroi
Ground area
158 m²
Building footprint
33 m²
Parcel 52392C0583/00W000, Wallonia. Linked by address, not a title deed.
1 establishment unit
WASCO
Rue Mallavée 38, 6001 CharleroiConstruction of roads and motorways
since 20162.252.526.872
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52392C0583/00W000 Wallonia 158 m² 1 · 33 m² -
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

Of 29,531 companies in sector 41001 we hold annual accounts for 15,863. 13,026 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded07-04-2016
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43410Roofing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.